Friday 6 November 2026 Export AGCO’s income statement to Excel — free account

AGCO Corporation

AGCO Industrials Farm & Heavy Construction Machinery

AGCO Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.1 billion, down 13.5% from fiscal 2024.

Revenue: −8.63%
EPS: −82.4%
Free cash flow: −1,351.9%
Total debt: −5.87%

Quarter to September 2026, against a year earlier

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110.38 2.31 −2.05%

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Market cap: $7.6B
P/E: 28.6×
Fwd P/E: 23.3×
Dividend yield: 1.07%
F-score: 7/9
Altman Z: 2.48
Beneish M: −2.70
Dividend safety: 62/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

AGCO Corporation (AGCO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Europe/Middle East	6,737	66.82%
North America	1,666	16.52%
South America	1,116	11.07%
Asia/Pacific/Africa	564	5.60%
Gross margin		25.46%
Operating margin		5.91%
Pre-tax margin		5.97%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Tractors	6,693 66.39%	7,059 60.53%	8,711 60.44%	7,424 58.68%	6,387 57.34%	5,272 57.62%	5,183 57.32%	5,361 57.33%	4,785 57.61%	4,225 57.02%
Replacement parts	1,873 18.58%	1,828 15.67%	1,816 12.60%	1,687 13.34%	1,688 15.15%	1,446 15.80%	1,348 14.91%	1,346 14.39%	1,305 15.71%	1,211 16.35%
Combines, application equipment and other machinery	1,514 15.02%	1,942 16.66%	2,823 19.59%	2,438 19.27%	1,987 17.84%	1,530 16.72%	1,476 16.33%	1,532 16.38%	1,167 14.05%	522 7.04%
Grain storage and protein production systems	1 0.01%	16 0.14%	45 0.31%	1,102 8.71%	1,076 9.66%	902 9.86%	1,035 11.45%	1,114 11.91%	1,050 12.64%	893 12.04%
Combines	—	—	—	—	—	—	—	—	—	303 4.09%
Other, not broken out	—	817 7.00%	1,018 7.06%	—	—	—	—	—	—	257 3.47%
Revenue	10,082	11,662	14,412	12,651	11,138	9,150	9,041	9,352	8,307	7,411

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Europe/Middle East	6,737 66.82%	6,712 57.56%	7,385 51.24%	6,447 50.96%	6,222 55.86%	5,367 58.66%	5,329 58.94%	5,385 57.58%	4,614 55.55%	4,090 55.19%
North America	1,666 16.52%	2,298 19.71%	3,138 21.77%	3,175 25.10%	2,659 23.87%	2,175 23.77%	2,192 24.24%	2,180 23.31%	1,877 22.59%	1,808 24.39%
South America	1,116 11.07%	1,209 10.36%	2,078 14.42%	2,122 16.77%	1,308 11.74%	874 9.55%	802 8.87%	959 10.25%	1,064 12.80%	918 12.38%
Asia/Pacific/Africa	564 5.60%	626 5.37%	793 5.50%	907 7.17%	950 8.53%	734 8.02%	719 7.95%	828 8.85%	752 9.05%	596 8.04%
Other, not broken out	—	817 7.00%	1,018 7.06%	—	—	—	—	—	—	—
Operating Segments	—	—	—	—	—	—	—	—	8,307	7,411
Revenue	10,082	11,662	14,412	12,651	11,138	9,150	9,041	9,352	8,307	7,411

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
North America	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
South America	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Asia/Pacific/Africa	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Europe/Middle East	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
United States	1,757 15.07%	2,434 16.89%	2,547 20.13%	2,116 19.00%	1,763 19.27%	1,787 19.77%	1,724 18.43%	1,446 17.40%	1,405 18.95%
Germany	1,722 14.76%	1,736 12.05%	1,395 11.03%	1,332 11.96%	1,281 14.00%	1,194 13.21%	1,214 12.98%	997 12.01%	891 12.03%
Other Europe	1,513 12.97%	1,794 12.45%	1,692 13.37%	1,653 14.84%	1,291 14.10%	1,629 18.02%	1,628 17.41%	1,396 16.81%	1,128 15.22%
France	1,378 11.82%	1,488 10.32%	1,220 9.64%	1,129 10.14%	1,080 11.81%	1,098 12.14%	1,003 10.72%	816 9.82%	747 10.08%
Brazil	882 7.56%	1,726 11.98%	1,749 13.82%	1,018 9.14%	667 7.29%	—	—	—	—
Finland and Scandinavia	772 6.62%	824 5.72%	839 6.63%	836 7.51%	699 7.63%	773 8.55%	827 8.84%	721 8.68%	678 9.15%
United Kingdom and Ireland	535 4.59%	693 4.81%	664 5.25%	635 5.70%	558 6.10%	562 6.21%	614 6.57%	513 6.17%	441 5.95%
Middle East and Algeria	429 3.68%	423 2.93%	216 1.71%	184 1.66%	137 1.49%	73 0.81%	100 1.07%	171 2.06%	205 2.77%
Canada	426 3.65%	574 3.98%	490 3.87%	437 3.92%	326 3.56%	302 3.34%	329 3.52%	297 3.57%	287 3.87%
Italy	364 3.12%	428 2.97%	422 3.33%	452 4.05%	323 3.53%	—	—	—	—
Other South America	317 2.71%	341 2.37%	358 2.83%	277 2.49%	198 2.17%	—	—	—	—
Australia and New Zealand	311 2.66%	371 2.58%	366 2.89%	361 3.24%	303 3.31%	258 2.85%	278 2.97%	247 2.98%	213 2.87%
Asia	217 1.86%	294 2.04%	384 3.04%	437 3.92%	373 4.08%	345 3.81%	415 4.43%	366 4.41%	267 3.60%
Mexico, Central America and Caribbean	125 1.07%	142 0.98%	153 1.21%	119 1.07%	94 1.03%	115 1.27%	143 1.53%	159 1.91%	140 1.89%
Africa	99 0.84%	128 0.89%	157 1.24%	152 1.37%	58 0.64%	116 1.29%	136 1.45%	138 1.66%	116 1.57%
South America	—	—	—	—	—	790 8.73%	943 10.08%	1,039 12.51%	894 12.06%
Other, not broken out	817 7.00%	1,018 7.06%	—	—	—	—	—	—	—
Revenue	11,662	14,412	12,651	11,138	9,150	9,041	9,352	8,307	7,411

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.