AGCO (AGCO)
Industrials · Agricultural machinery and precision agriculture equipment
AGCO is a global agricultural equipment manufacturer and precision agriculture technology leader that empowers farmers through differentiated tractor, harvesting, and smart farming solutions across mixed equipment fleets.
What AGCO does
AGCO is a global leader in agricultural machinery and precision agriculture technologies, operating through leading brands including Fendt, Massey Ferguson, PTx, and Valtra. The company manufactures and distributes a broad portfolio of tractors, combines, hay and forage equipment, planters, implements, application equipment, and precision agriculture solutions to farmers worldwide. AGCO distributes primarily through approximately 2,800 independent dealers and distributors across 140 countries and provides retail and wholesale financing through joint ventures.
Themes: ["Agricultural machinery and equipment","Precision agriculture / smart farming","Autonomous and retrofit farming technologies","Fleet management and telemetry","Tractors and harvesting equipment","Sustainable agriculture solutions"]
Fundamentals
- Price$113.26 as of 2026-07-09 close
- Market cap$8.4B as of 2026-07-10
- 1-year return+3.6% as of 2026-07-09 close
- P/E10.86 as of 2026-07-10
- Net margin+7.4% as of 2026-07-10
- Gross margin+25.3% as of 2026-07-10
- ROE+17.9% as of 2026-07-10
- Debt / equity0.60 as of 2026-07-10
- Revenue growth (YoY)-3.8% as of 2026-07-10
- Revenue CAGR (3y)-7.3% SEC XBRL
- Beta1.07 as of 2026-07-10
Dividend: yield +1.1%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant inventory buildup ($3.0B at Q1 2026 vs $2.7B year-end 2025) amid negative revenue growth (-3.8% YoY), indicating potential demand weakness or market saturation risk in agricultural equipment","Working capital pressure from operating cash outflows ($410.4M in Q1 2026) despite positive net income, reflecting challenges in converting sales into cash and managing receivables/payables cycles","Exposure to commodity price volatility and farmer cash flow cycles, as agricultural demand is highly dependent on crop prices, input costs, and global economic conditions affecting farming profitability"]
Competitors & peers
- Deere & Company (DE)
- CNH Industrial (CNHI)
- CLAAS (privately held)
- Kubota Corporation
- Trimble (TRMB)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.