AGCO · NYSE · Industrials
AGCO Corporation (AGCO) — Rank #315 by gross profitability (GP/assets 0.22) · ROE 17.8% · Piotroski F-Score 8 / 9.
As-of 2026-10-30 · CIK 0000880266 · all metrics point-in-time as of the filing date.
About
AGCO Corporation manufactures and distributes agricultural equipment and replacement parts worldwide.
Show moreShow less
It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery systems; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, including self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, Massey Ferguson, PTx, and Valtra brands through a network of independent dealers and distributors.
AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.
- Industry
- Farm & Heavy Construction Machinery
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- agcocorp.com
Company Snapshot
P/E and dividend yield are the primary valuation lenses for mature businesses.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
22,000
Industry
Farm & Heavy Construction Machinery
Exchange
NYSE
11/12
Flags passed
AGCO fails 1 critical flag
Passes 11 of 12 quality flags
- FAILRevenue declining YoY
Revenue contracted year over year
- PASSGross margin holding
- PASSDilution within 2%
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSOperating margin holding
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSBalance sheet stable
- PASSNo competitive retreat
- PASSSBC not compressing margin
- PASSNo valuation convergence
Strengths Revenue growth accelerating · Sequential beat (rev + EPS)
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passDividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).
Profitability
Does it make money well?
Warning: Revenue declining YoY · GP/assets 28th percentile of 26 SIC 35 peers
Gross profitability (GP / assets)
0.22
Primary signal (Novy-Marx).
28th pctl of 26 SIC 35 peers
Return on equity
17.8%
Gross margin
25.5%
4th pctl of 26 SIC 35 peers
Revenue growth (YoY)
-13.5%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-7.3%
Revenue CAGR (5Y)
2.0%
Earnings CAGR (3Y)
-6.5%
FCF CAGR (3Y)
18.1%
Cash Flow Health
Is the cash real?
No warning flags · FCF 2% above net income
Free cash flow
$740.20M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
1.9%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.3%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net debt $2.15B, F-Score 8/9
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.84
0th pctl of 26 SIC 35 peers (best = lowest)
Current ratio
1.32×
16th pctl of 26 SIC 35 peers
Quick ratio
—
Net cash
-$2.15B
Cash & equivalents minus total debt.
Piotroski F-Score
8 / 9
Fundamental-strength score (0-9).
Valuation
Is the price reasonable?
No warning flags
Dividend safety
Composite score
2.8 / 5
Capital allocation quality
Composite score
2.3 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports