AGCO Past Earnings Performance

Past criteria checks 1/6

AGCO has been growing earnings at an average annual rate of 22.7%, while the Machinery industry saw earnings growing at 13.1% annually. Revenues have been growing at an average rate of 10.8% per year. AGCO's return on equity is 3.7%, and it has net margins of 1.4%.

Key information

22.7%

Earnings growth rate

22.9%

EPS growth rate

Machinery Industry Growth	18.3%
Revenue growth rate	10.8%
Return on equity	3.7%
Net Margin	1.4%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How AGCO makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

WBAG:AGCO Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	12,575	170	1,478	541
30 Jun 24	13,432	421	1,513	559
31 Mar 24	14,008	1,107	1,485	560
31 Dec 23	14,412	1,171	1,466	549
30 Sep 23	14,511	1,155	1,374	530
30 Jun 23	14,177	1,112	1,304	495
31 Mar 23	13,299	970	1,257	464
31 Dec 22	12,651	890	1,197	444
30 Sep 22	11,908	850	1,156	422
30 Jun 22	11,511	793	1,134	410
31 Mar 22	11,445	898	1,103	410
31 Dec 21	11,138	897	1,088	406
30 Sep 21	10,700	750	1,093	396
30 Jun 21	10,473	726	1,086	385
31 Mar 21	9,600	513	1,033	354
31 Dec 20	9,150	427	1,023	343
30 Sep 20	8,946	203	1,012	332
30 Jun 20	8,558	54	1,001	332
31 Mar 20	8,974	125	1,043	344
31 Dec 19	9,041	125	1,057	343
30 Sep 19	9,120	312	1,055	342
30 Jun 19	9,225	376	1,069	343
31 Mar 19	9,340	326	1,080	349
31 Dec 18	9,352	286	1,079	355
30 Sep 18	9,287	231	1,078	361
30 Jun 18	9,059	221	1,050	357
31 Mar 18	8,686	221	1,012	341
31 Dec 17	8,307	186	971	323
30 Sep 17	7,873	204	918	312
30 Jun 17	7,648	183	898	298
31 Mar 17	7,479	142	880	298
31 Dec 16	7,411	160	867	298
30 Sep 16	7,276	160	866	286
30 Jun 16	7,250	187	857	290
31 Mar 16	7,324	244	853	285
31 Dec 15	7,467	266	852	282
30 Sep 15	7,994	282	875	295
30 Jun 15	8,412	280	891	303
31 Mar 15	9,093	341	940	324
31 Dec 14	9,724	410	995	337
30 Sep 14	10,098	472	1,046	340
30 Jun 14	10,419	533	1,083	349
31 Mar 14	10,717	579	1,100	348
31 Dec 13	10,787	597	1,089	353

Quality Earnings: AGCO has a large one-off loss of $571.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: AGCO's current net profit margins (1.4%) are lower than last year (8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AGCO's earnings have grown significantly by 22.7% per year over the past 5 years.

Accelerating Growth: AGCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AGCO had negative earnings growth (-85.3%) over the past year, making it difficult to compare to the Machinery industry average (2.4%).

Return on Equity

High ROE: AGCO's Return on Equity (3.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:49
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AGCO Corporation is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mircea Dobre	Baird
Adam Seiden	Barclays
Meredith Taylor	Barclays