Revenue
$10.08B
Fiscal year ended 2025-12-31Operating income
$595.70M
Fiscal year ended 2025-12-31Free cash flow
$740.20M
Fiscal year ended 2025-12-31AGCO CORP /DE (AGCO) reported revenue of $10.08B and net income of $726.50M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from AGCO CORP /DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Farm Machinery & Equipment.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.08B | $11.66B | $14.41B | $12.65B | $11.14B | $9.15B | $9.04B | $9.35B | $8.31B | $7.41B |
| Cost of revenue | $7.52B | $8.76B | $10.64B | $9.65B | $8.57B | $7.09B | $7.06B | $7.36B | $6.54B | $5.90B |
| Gross profit | $2.57B | $2.90B | $3.78B | $3.00B | $2.57B | $2.06B | $1.98B | $2.00B | $1.77B | $1.52B |
| Operating income | $595.70M | -$122.10M | $1.70B | $1.27B | $1.00B | $599.70M | $348.10M | $489.00M | $404.40M | $287.00M |
| Net income | $726.50M | -$424.80M | $1.17B | $889.60M | $897.00M | $427.10M | $125.20M | $285.50M | $186.40M | $160.10M |
| Research & development | $374.50M | $381.30M | $420.90M | $315.40M | $272.90M | $342.60M | $343.40M | $355.20M | $323.40M | $297.60M |
| Weighted-average diluted shares | shares 74.50M | shares 74.70M | shares 74.90M | shares 74.90M | shares 75.70M | shares 75.60M | shares 77.00M | shares 79.70M | shares 80.20M | shares 81.70M |
| Pretax income | $602.00M | -$433.60M | $1.33B | $1.11B | $944.30M | $562.00M | $261.10M | $360.30M | $283.80M | $204.90M |
| Income tax expense | -$77.40M | $98.40M | $230.40M | $296.60M | $108.40M | $187.70M | $180.80M | $110.90M | $133.60M | $92.20M |
| Diluted EPS | $9.75 | $-5.69 | $15.63 | $11.87 | $11.85 | $5.65 | $1.63 | $3.58 | $2.32 | $1.96 |
| Selling, general & administrative | $1.31B | $1.40B | $1.45B | $1.19B | $1.09B | $1.00B | $1.04B | $1.07B | $964.70M | $864.60M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $861.80M | $612.70M | $595.50M | $789.50M | $889.10M | $1.12B | $432.80M | $326.10M | $367.70M | $429.70M |
| Total assets | $11.93B | $11.19B | $11.42B | $10.10B | $9.18B | $8.50B | $7.76B | $7.63B | $7.97B | $7.17B |
| Current assets | $5.20B | $5.14B | $6.34B | $5.74B | $5.01B | $4.37B | $3.73B | $3.54B | $3.63B | $3.17B |
| Total liabilities | $7.36B | $7.15B | $6.76B | $6.22B | $5.74B | $5.49B | $4.85B | $4.63B | $4.88B | $4.33B |
| Current liabilities | $3.73B | $3.83B | $4.34B | $4.09B | $3.45B | $3.36B | $2.88B | $2.77B | $2.65B | $2.14B |
| Total equity incl. NCI | $4.27B | $3.74B | $4.66B | $3.88B | $3.44B | $3.02B | $2.91B | $2.99B | $3.10B | $2.84B |
| Temporary (mezzanine) equity | $299.20M | $300.10M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $2.71B | $2.73B | $3.44B | $3.19B | $2.59B | $1.97B | $2.08B | $1.91B | $1.87B | $1.51B |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $1.90B | $1.82B | $1.33B | $1.31B | $1.28B | $1.31B | $1.30B | $1.50B | $1.54B | $1.38B |
| Long-term debt | $2.32B | $2.23B | $1.38B | $1.26B | $1.41B | $1.26B | $1.19B | $1.28B | $1.62B | $1.61B |
| Accounts payable | $951.00M | $813.00M | $1.21B | $1.39B | $1.08B | $855.10M | $914.80M | $865.90M | $917.50M | $722.60M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $988.10M | $689.90M | $1.10B | $838.20M | $660.20M | $896.50M | $695.90M | $595.90M | $577.60M | $369.50M |
| Capital expenditures | $247.90M | $393.30M | $518.10M | $388.30M | $269.80M | $269.90M | $273.40M | $203.30M | $203.90M | $201.00M |
| Investing cash flow | -$28.30M | -$1.65B | -$545.70M | -$496.80M | -$288.40M | -$241.70M | -$271.60M | -$205.50M | -$493.70M | -$598.30M |
| Financing cash flow | -$729.20M | $1.05B | -$671.70M | -$407.00M | -$539.50M | $22.70M | -$313.40M | -$413.30M | -$176.70M | $236.40M |
| Net change in cash | $249.10M | $17.20M | -$194.00M | -$99.60M | -$230.00M | $686.30M | $106.70M | -$41.60M | -$62.00M | $3.00M |
| Stock-based compensation | $28.40M | $18.40M | $46.40M | $34.00M | $27.40M | $37.60M | $41.30M | $46.30M | $38.20M | $18.10M |
| Common dividends paid | $86.50M | $273.10M | $457.40M | $404.30M | $358.50M | $48.00M | $48.00M | $47.10M | $44.50M | $42.50M |
| Common share repurchases | $250.00M | $22.00M | $53.00M | $0 | $135.00M | $55.00M | $130.00M | $184.30M | $0 | $212.50M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $740.20M | $296.60M | $585.00M | $449.90M | $390.40M | $626.60M | $422.50M | $392.60M | $373.70M | $168.50M |
| Gross margin | 25.5% | 24.9% | 26.2% | 23.7% | 23.1% | 22.5% | 21.9% | 21.4% | 21.3% | 20.5% |
| Operating margin | 5.9% | -1.0% | 11.8% | 10.0% | 9.0% | 6.6% | 3.9% | 5.2% | 4.9% | 3.9% |
| FCF margin | 7.3% | 2.5% | 4.1% | 3.6% | 3.5% | 6.8% | 4.7% | 4.2% | 4.5% | 2.3% |
| SBC / revenue | 0.3% | 0.2% | 0.3% | 0.3% | 0.2% | 0.4% | 0.5% | 0.5% | 0.5% | 0.2% |
| Current ratio | 1.39x | 1.34x | 1.46x | 1.40x | 1.45x | 1.30x | 1.29x | 1.28x | 1.37x | 1.48x |
| Revenue YoY growth | -13.5% | -19.1% | 13.9% | 13.6% | 21.7% | 1.2% | -3.3% | 12.6% | 12.1% | Unavailable |
| Net margin | 7.2% | -3.6% | 8.1% | 7.0% | 8.1% | 4.7% | 1.4% | 3.1% | 2.2% | 2.2% |
| R&D / revenue | 3.7% | 3.3% | 2.9% | 2.5% | 2.5% | 3.7% | 3.8% | 3.8% | 3.9% | 4.0% |
| CapEx / revenue | 2.5% | 3.4% | 3.6% | 3.1% | 2.4% | 2.9% | 3.0% | 2.2% | 2.5% | 2.7% |
| Long-term debt / equity | 0.54x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -12.9% | Unavailable | 17.3% | 26.8% | 11.5% | 33.4% | 69.2% | 30.8% | 47.1% | 45.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AGCO in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-13View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.