AGCO Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 169.59
Dividend & Yield0.96$ (0.67%)
Beta 1.38
Market capitalization 10.8B
Operating cash flow 838.2M
ESG Scores unknown

Company description

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.

Sector: Industrials - Industry: Farm & Heavy Construction Machinery

Financial Ratios
Quick Ratio0.7
Working Capital0.58
Return On Equity0.26
Debt To Equity0.41
Fixed Asset Ratio0.07
Fixed Interest Cover40.04

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 35.7M -59.1M 292.2M 322.1M
Total Cashflows From Investing Activities -271.6M -241.7M -288.4M -496.8M
Net Borrowings -108.4M 150M -3.8M 33M
Total Cash From Financing Activities -313.4M 22.7M -539.5M -407M
Change To Operating Activities 178M 224.7M 226.9M 358.8M
Issuance Of Stock
Net Income 125.2M 427.1M 897M 889.6M
Change In Cash 106.7M 686.3M -230M -99.6M
Effect Of Exchange Rate -4.2M 8.8M -62.3M -34M
Total Cash From Operating Activities 695.9M 896.5M 660.2M 838.2M
Depreciation 272M 272M 281.8M 269.6M
Change To Account Receivables 63.8M -90.5M -207.7M -306.1M
Other Cashflows From Financing Activities 1.1M -4.5M -7.3M -15.1M
Change To Netincome 237.5M 2.6M -67.4M -27.5M
Capital Expenditures -273.4M -269.9M -269.8M -388.3M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 343.4M 342.6M 405.8M 444.2M
Income Before Tax 303.6M 607.5M 1.01B 1.17B
Net Income 125.2M 427.1M 897M 889.6M
Selling General Administrative 1.05B 1.01B 1.09B 1.19B
Gross Profit 1.98B 2.06B 2.57B 3B
Ebit 523.3M 632.1M 1.02B 1.3B
Operating Income 523.3M 632.1M 1.02B 1.3B
Interest Expense -28.8M -24.9M -25.4M -46M
Income Tax Expense 180.8M 187.7M 108.4M 296.6M
Total Revenue 9.04B 9.15B 11.14B 12.65B
Cost Of Revenue 7.06B 7.09B 8.57B 9.65B
Total Other Income ExpenseNet -219.7M -24.6M -7.1M -128.9M
Net Income From Continuing Ops 122.8M 419.8M 901.5M 874.7M
Net Income Applicable To Common Shares 125.2M 427.1M 897M 889.6M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 4.85B 5.49B 5.74B 6.22B
Total Stockholder Equity 2.85B 2.98B 3.42B 3.88B
Other Current Liabilities 653.3M 901.4M 984M 1.12B
Total Assets 7.76B 8.5B 9.18B 10.1B
Common Stock 800k 800k 700k 700k
Other Current Assets 417.1M 418.9M 539.8M 538.8M
Retained Earnings 4.44B 4.76B 5.18B 5.65B
Treasury Stock -1.6B -1.81B -1.77B -1.8B
Cash 432.8M 1.12B 889.1M 789.5M
Total Current Liabilities 2.88B 3.36B 3.45B 4.09B
Other Stockholder Equity -1.6B -1.81B -1.77B -1.8B
Property, Plant, and Equipment 1.6B 1.67B 1.62B 1.76B
Total Current Assets 3.73B 4.37B 5.01B 5.74B
Net Tangible Assets 1.05B 1.22B 1.74B 2.19B
Net Receivables 800.5M 856M 991.5M 1.22B
Accounts Payable 914.8M 855.1M 1.08B 1.39B


Insider Transactions

Here are the insider transactions of stock shares related to AGCO Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
DEHNER TORSTEN RUDOLF WILLISale at price 140.71 per share.D2023-02-23Officer744
LONG LARA THRUSHSale at price 138.76 per share.D2023-02-21Officer1.62k
CRAIN ROBERT BSale at price 138.32 per share.D2023-02-17Officer10k
FELLI LUIS FERNANDO SARTINISale at price 137.26 per share.D2023-02-17Officer2.62k
FELLI LUIS FERNANDO SARTINISale at price 137.38 per share.D2023-02-13Officer9.15k
FELLI LUIS FERNANDO SARTINIConversion of Exercise of derivative security at price 72.74 per share.D2023-02-13Officer7.65k
CRAIN ROBERT BSale at price 132.67 per share.D2023-02-10Officer13k
CRAIN ROBERT BConversion of Exercise of derivative security at price 62.85 - 73.14 per share.D2023-02-10Officer15.07k
CRAIN ROBERT BStock Award(Grant) at price 0.00 per share.D2023-02-08Officer9.73k
HANSOTIA ERIC PStock Award(Grant) at price 0.00 per share.D2023-02-08Chief Executive Officer12.53k
LONG LARA THRUSHStock Award(Grant) at price 0.00 per share.D2023-02-08Officer1.33k
CASPARI STEFANStock Award(Grant) at price 0.00 per share.D2023-02-08Officer5.73k
FELLI LUIS FERNANDO SARTINIStock Award(Grant) at price 0.00 per share.D2023-02-08Officer9.73k
DEHNER TORSTEN RUDOLF WILLIStock Award(Grant) at price 0.00 per share.D2023-02-08Officer9.73k
DEHNER TORSTEN RUDOLF WILLIStock Award(Grant) at price 0.00 per share.D2023-02-08Officer9.73k
CRAWFORD SETH HOWARDStock Award(Grant) at price 0.00 per share.D2023-02-08Officer1.33k
BENNETT KELVIN EUGENEStock Award(Grant) at price 0.00 per share.D2023-02-08Officer1.33k
HARRIS IVORY MARIEStock Award(Grant) at price 0.00 per share.D2023-02-08Officer4.35k
CRAIN ROBERT BStock Award(Grant) at price 0.00 per share.D2023-01-30Officer2.74k
AUDIA DAMON JStock Award(Grant) at price 0.00 per share.D2023-01-30Chief Financial Officer3.42k
HANSOTIA ERIC PStock Award(Grant) at price 0.00 per share.D2023-01-30Chief Executive Officer26.29k
LONG LARA THRUSHStock Award(Grant) at price 0.00 per share.D2023-01-30Officer357
TOMASEVIC JOSIP TStock Award(Grant) at price 0.00 per share.D2023-01-30Officer1.07k
CASPARI STEFANStock Award(Grant) at price 0.00 per share.D2023-01-30Officer1.61k
FELLI LUIS FERNANDO SARTINIStock Award(Grant) at price 0.00 per share.D2023-01-30Officer2.74k
DEHNER TORSTEN RUDOLF WILLIStock Award(Grant) at price 0.00 per share.D2023-01-30Officer2.74k
DEHNER TORSTEN RUDOLF WILLIStock Award(Grant) at price 0.00 per share.D2023-01-30Officer2.74k
ARNOLD BRADLEY CStock Award(Grant) at price 0.00 per share.D2023-01-30Officer1.61k
CRAWFORD SETH HOWARDStock Award(Grant) at price 0.00 per share.D2023-01-30Officer2.74k
BENNETT KELVIN EUGENEStock Award(Grant) at price 0.00 per share.D2023-01-30Officer1.61k
HARRIS IVORY MARIEStock Award(Grant) at price 0.00 per share.D2023-01-30Officer1.61k
MILLWOOD TIMOTHYStock Award(Grant) at price 0.00 per share.D2023-01-30Officer4.92k
TOMASEVIC JOSIP TSale at price 137.09 per share.D2023-01-20Officer207
DE LANGE BOBStock Award(Grant) at price 130.20 per share.D2022-12-15Director3
CLARK SUZANNE PATRICIAStock Award(Grant) at price 51.03 - 139.09 per share.D2022-12-15Director430
BARBOUR SONDRA L.Stock Award(Grant) at price 130.20 per share.D2022-12-15Director10
DEHNER TORSTEN RUDOLF WILLIConversion of Exercise of derivative security at price 72.74 per share.D2022-11-28Officer2.55k
MINNICH GEORGE ESale at price 123.70 per share.I2022-11-16Director1.5k
DE LANGE BOBStock Award(Grant) at price 107.84 per share.D2022-09-15Director3
BARBOUR SONDRA L.Stock Award(Grant) at price 107.84 per share.D2022-09-15Director12
CRAIN ROBERT BSale at price 107.22 per share.D2022-08-23Officer7k
LONG LARA THRUSHSale at price 105.50 per share.D2022-08-03Officer939
BECK ANDREW HSale at price 106.74 per share.D2022-08-02Officer19.34k
AUDIA DAMON JStock Award(Grant) at price 0.00 per share.D2022-07-13Chief Financial Officer24.4k
AUDIA DAMON JStock Award(Grant) at price 0.00 per share.D2022-07-13Chief Financial Officer26.79k
HANSOTIA ERIC PStock Award(Grant) at price 0.00 per share.D2022-07-13Chief Executive Officer8.44k
CRAWFORD SETH HOWARDStock Award(Grant) at price 0.00 per share.D2022-07-13Officer1.31k
MINNICH GEORGE EStock Award(Grant) at price 0.00 per share.D2022-04-28Director1.3k
ARNOLD MICHAEL CStock Award(Grant) at price 0.00 per share.D2022-04-28Director1.3k
SRINIVASAN MALLIKAStock Award(Grant) at price 0.00 per share.D2022-04-28Director and Beneficial Owner of more than 10% of a Class of Security1.3k
TSIEN MATTHEWStock Award(Grant) at price 0.00 per share.D2022-04-28Director1.3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to AGCO Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on AGCO Corp

Here is the result of two systematic investment strategies applied to AGCO Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on AGCO Corp

The following chart shows the equity curve of the two systematic investment strategies applied to AGCO Corp:

AGCO Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 59.35% on the backtest period.

Performance at glance

Performance

59.35 %

Latent gain

1336.74 $

Invested capital

2252.3 $

Annualized return

14.34 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on AGCO Corp

This is the result of two momentum investment strategies applied to AGCO Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on AGCO Corp

The following chart shows all the entries opened by the momentum investment system on AGCO Corp:

AGCO Corp momentum entries
  • The first momentum investment strategy would give 85.89% of return on AGCO Corp. That represents 4460.32$ of latent gain with 5192.96$ of employed capital.
  • The second momentum investment strategy would give 93.64% of return on AGCO Corp. That represents 2513.63$ of latent gain with 2684.29$ of employed capital.
Performance at glance (1Q Momentum)

Performance

85.89 %

Latent gain

4460.32 $

Invested capital

5192.96 $

Annualized return

44.72 %
Performance at glance (2Q Momentum)

Performance

93.64 %

Latent gain

2513.63 $

Invested capital

2684.29 $

Annualized return

25.58 %

Momentum equity curve on AGCO Corp

The following chart shows the equity curve of the two momentum strategies applied to AGCO Corp:

AGCO Corp momentum equity

Note: the dividends potentially given by AGCO Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AGCO Corp

The following chart shows the employed capital evolution of the two momentum strategies on AGCO Corp since the beginning:

AGCO Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on AGCO Corp

Buy the dip entry openings on AGCO Corp

AGCO Corp

The performance achieved by the robo-advisor on AGCO Corp is 95.71%. That represents 1210.48$ of latent gain with 1264.72$ of employed capital. The following chart shows AGCO Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of AGCO Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

95.71 %

Latent gain

1210.48 $

Invested capital

1264.72 $

Annualized return

44.72 %

Equity curve of the strategy applied to AGCO Corp

The following chart shows the result of the investment strategy applied to AGCO Corp:

AGCO Corp

Note: the dividends potentially given by AGCO Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AGCO Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on AGCO Corp:

AGCO Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on AGCO Corp

In this section, I will compare the three previous investment strategies applied to AGCO Corp.

Equity curve comparison on AGCO Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

AGCO Corp investment strategy comparison

Employed capital comparison on AGCO Corp

AGCO Corp investment comparison

Performance comparison on AGCO Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 59.35% 1336.74$ 2252.3$ 14.34%
Momentum 1 quarter 85.89% 4460.32$ 5192.96$ 22.02%
Momentum 2 quarters 93.64% 2513.63$ 2684.29$ 25.58%
Non-directional 95.71% 1210.48$ 1264.72$ 44.72%
Annualized return comparison

Automatic investment

14.34 %

Momentum 1Q

25.58 %

Momentum 2Q

25.58 %

Non-directional

44.72 %

Correlated stocks

Here are the most positively and negatively correlated stocks with AGCO Corp:

Positive correlations

Most correlated stocks this year

  • AGCO Corp

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
  • Arlo Technologies Inc
  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
  • Rush Enterprises Inc - Class B
  • JAGUAR MINING INC
  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
  • Valvoline Inc
  • Deere & Company
  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between AGCO Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of AGCO Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name AGCO Corp
    Country United States
    City Duluth
    Address 4205 River Green Parkway
    Phone 770 813 9200
    Website www.agcocorp.com
    FullTime employees
    Industry Farm & Heavy Construction Machinery
    Sector Industrials
    Exchange XNYS
    Ticker AGCO
    Market www.nyse.com

    AGCO Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown