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AGCO Corporation

Industrials US AGCO

101.015USD
0.79(0.78%)

Last update at 2024-10-30T18:52:00Z

Day Range

99.46101.88
LowHigh

52 Week Range

109.28139.79
LowHigh

Fundamentals

  • Previous Close 100.23
  • Market Cap9158.56M
  • Volume320692
  • P/E Ratio7.95
  • Dividend Yield0.95%
  • EBITDA2052.30M
  • Revenue TTM14510.60M
  • Revenue Per Share TTM193.93
  • Gross Profit TTM 3001.30M
  • Diluted EPS TTM15.39

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1107.20M 944.30M 562.00M 261.10M 360.30M
Minority interest 14.90M -4.50000M -7.30000M -2.40000M -1.80000M
Net income 889.60M 897.00M 427.10M 80.30M 285.50M
Selling general administrative 1186.20M 1088.20M 1001.50M 1040.30M 1069.40M
Selling and marketing expenses - - - - -
Gross profit 3001.30M 2572.30M 2057.50M 1984.30M 1996.70M
Reconciled depreciation 269.60M 281.80M 272.00M 272.00M 289.90M
Ebit 1265.40M 1001.40M 599.70M 472.40M 432.50M
Ebitda 1435.20M 1248.60M 903.20M 744.40M 722.40M
Depreciation and amortization 169.80M 247.20M 303.50M 272.00M 289.90M
Non operating income net other -81.10000M 15.20M 22.80M -24.60000M -40.60000M
Operating income 1265.40M 1001.40M 599.70M 472.40M 489.00M
Other operating expenses 11340.60M 10121.10M 8495.80M 8501.90M 8844.60M
Interest expense 13.00M 6.70M 15.00M 19.90M 53.80M
Tax provision 296.60M 108.40M 187.70M 180.80M 110.90M
Interest income 33.00M 18.70M 9.90M 8.90M 8.10M
Net interest income -13.00000M -6.70000M -15.00000M -19.90000M -53.80000M
Extraordinary items - - - 21.80M 8.50M
Non recurring 45.40M 15.80M 54.20M 191.40M 18.40M
Other items - - - - -
Income tax expense 296.60M 108.40M 187.70M 180.80M 110.90M
Total revenue 12651.40M 11138.30M 9149.70M 9041.40M 9352.00M
Total operating expenses 1690.50M 1555.10M 1403.60M 1444.80M 1489.30M
Cost of revenue 9650.10M 8566.00M 7092.20M 7057.10M 7355.30M
Total other income expense net -158.20000M -57.10000M -37.70000M -211.30000M -93.30000M
Discontinued operations - - - - -
Net income from continuing ops 874.70M 901.50M 374.30M 80.30M 249.40M
Net income applicable to common shares 889.60M 897.00M 427.10M 125.20M 285.50M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 10103.70M 9182.10M 8504.20M 7759.70M 7626.40M
Intangible assets 364.40M 392.20M 455.60M 501.70M 573.10M
Earning assets - - - - -
Other current assets 538.80M 539.80M 418.90M 417.10M 422.30M
Total liab 6221.10M 5738.30M 5486.20M 4852.70M 4632.90M
Total stockholder equity 3882.40M 3415.90M 2980.00M 2853.80M 2932.90M
Deferred long term liab 112.00M 116.90M 112.40M 107.00M 116.30M
Other current liab 2506.70M 221.20M 231.30M 162.10M 1578.80M
Common stock 0.70M 0.70M 0.80M 0.80M 0.80M
Capital stock 0.70M 0.70M 0.80M 0.80M 0.80M
Retained earnings 5654.60M 5182.20M 4759.10M 4443.50M 4477.30M
Other liab 737.50M 757.00M 740.80M 615.80M 579.90M
Good will 1310.80M 1280.80M 1306.50M 1298.30M 1495.50M
Other assets 482.10M 462.60M 867.00M 246.80M 247.30M
Cash 789.50M 889.10M 1119.10M 432.80M 326.10M
Cash and equivalents - - - - -
Total current liabilities 4088.00M 3454.60M 3362.80M 2884.50M 2766.70M
Current deferred revenue - 2062.20M 1916.70M 1654.20M 137.80M
Net debt 796.70M 730.50M 623.20M 1061.00M 1133.40M
Short term debt 196.00M 92.90M 359.70M 153.40M 184.20M
Short long term debt 196.00M 92.90M 359.70M 153.40M 184.20M
Short long term debt total 1586.20M 1619.60M 1742.30M 1493.80M 1459.50M
Other stockholder equity 30.20M 3.90M 30.90M 4.70M 10.20M
Property plant equipment 1591.20M 1618.90M 1508.50M 1416.30M 1373.10M
Total current assets 5739.30M 5014.10M 4368.40M 3729.10M 3537.40M
Long term investments 436.90M 413.50M 442.70M 380.20M 400.00M
Net tangible assets 2207.20M 1742.90M 1217.90M 1053.80M 864.30M
Short term investments - - 442.00M - -
Net receivables 1221.30M 991.50M 856.00M 800.50M 880.30M
Long term debt 1264.80M 1411.20M 1256.70M 1191.80M 1275.30M
Inventory 3189.70M 2593.70M 1974.40M 2078.70M 1908.70M
Accounts payable 1385.30M 1078.30M 855.10M 914.80M 865.90M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 0.20M 27.90M 38.00M 53.20M 60.60M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1803.10000M -1770.90000M -1810.80000M -1595.20000M -1555.40000M
Additional paid in capital - - - - -
Common stock total equity 0.70M 0.70M 0.80M 0.80M 0.80M
Preferred stock total equity - - - - -
Retained earnings total equity 5654.60M 5182.20M 4759.10M 4443.50M 4477.30M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 268.70M 293.30M 179.80M 153.00M 142.40M
Deferred long term asset charges - - - 93.80M 104.90M
Non current assets total 4364.40M 4168.00M 4135.80M 4030.60M 4089.00M
Capital lease obligations 125.40M 115.50M 125.90M 148.60M -
Long term debt total 1264.80M 1411.20M 1256.70M 1191.80M 1275.30M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -496.80000M -9.60000M -241.70000M -3.10000M -5.80000M
Change to liabilities 322.10M 292.20M -59.10000M 35.70M -24.30000M
Total cashflows from investing activities -496.80000M -311.10000M -241.70000M -271.60000M -205.50000M
Net borrowings 29.40M -3.80000M 148.60M -108.90000M -178.80000M
Total cash from financing activities -407.00000M -539.50000M 22.70M -313.40000M -413.30000M
Change to operating activities 358.80M 226.90M 224.70M 178.00M 142.10M
Net income 874.70M 901.50M 419.80M 122.80M 283.70M
Change in cash -99.60000M -230.00000M 686.30M 106.70M -41.60000M
Begin period cash flow 889.10M 1119.10M 432.80M 326.10M 367.70M
End period cash flow 789.50M 889.10M 1119.10M 432.80M 326.10M
Total cash from operating activities 838.20M 682.90M 896.50M 695.90M 595.90M
Issuance of capital stock - - - - -
Depreciation 269.60M 281.80M 272.00M 272.00M 289.90M
Other cashflows from investing activities -108.50000M -15.40000M 28.20M 4.90M 3.60M
Dividends paid -404.30000M -358.50000M -48.00000M -48.00000M -47.10000M
Change to inventory -668.30000M -762.60000M 119.70M -216.30000M -214.30000M
Change to account receivables -306.10000M -207.00000M -90.00000M 63.80M -565.30000M
Sale purchase of stock -135.00000M -135.00000M -55.00000M -130.00000M -184.30000M
Other cashflows from financing activities 509.80M -42.20000M -24.30000M -27.00000M -5.80000M
Change to netincome -36.50000M -44.70000M 476.70M 573.10M 312.20M
Capital expenditures 388.30M 269.80M 269.90M 273.40M 203.30M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -18.70000M
Cash and cash equivalents changes -65.60000M -167.70000M 677.50M 110.90M -41.60000M
Change in working capital -293.50000M -451.20000M 194.80M 61.20M -33.20000M
Stock based compensation 34.00M 27.40M 37.60M 41.30M 46.30M
Other non cash items 11.40M 41.30M -31.10000M 183.50M 23.90M
Free cash flow 449.90M 413.10M 626.60M 422.50M 392.60M

Peer Comparison

Sector: Industrials Industry: Farm & Heavy Construction Machinery

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AGCO
AGCO Corporation
0.79 0.78% 101.02 7.95 8.24 0.62 2.08 0.72 5.82
CAT
Caterpillar Inc
-6.04 1.56% 381.47 16.45 14.12 2.21 7.20 2.67 12.23
DE
Deere & Company
-1.11 0.27% 404.93 11.46 13.68 1.77 4.98 2.72 9.37
PCAR
PACCAR Inc
-1.07 1.00% 105.60 11.36 14.99 1.76 3.90 1.92 9.79
VLVLY
Volvo AB ADR
-0.27 1.03% 25.97 12.06 12.84 0.10 3.05 0.13 0.83

Reports Covered

Stock Research & News

Profile

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. 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; 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 the beef 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, such as 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 Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. The company was founded in 1990 and is headquartered in Duluth, Georgia.

AGCO Corporation

4205 River Green Parkway, Duluth, GA, United States, 30096

Key Executives

Name Title Year Born
Ms. Lara T. Long VP & Chief Accounting Officer 1970
Mr. Greg Peterson VP of Investor Relations NA
Mr. Eric P. Hansotia Chairman, Pres & CEO 1969
Mr. Andrew H. Beck Sr. VP & Sr. Advisor 1964
Mr. Robert B. Crain Sr. VP of Customer Experience 1960
Mr. Hans-Bernd Veltmaat Sr. VP & Strategic Advisor 1955
Mr. Torsten Rudolf-Willi Dehner Sr. VP & GM of Fendt/Valtra 1968
Mr. Damon J. Audia Sr. VP & CFO 1971
Mr. Roger Neil Batkin Sr. VP, Gen. Counsel, Chief ESG Officer, & Corp. Sec. 1969
Cristiane Masina Global Corp. Communications Mang. NA

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