What is Agco's ROA in the fourth quarter of 2023?
Agco Corp achieved a return on average assets (ROA) of
10.89 % in its fourth quarter of 2023, this is above AGCO's average return on assets of 5.16%.
Agco Corp assets over the 12 months ending in its fourth quarter of 2023 are valued at $10,760 million
ROA fell compared to the third quarter of 2023, despite the net income growth of 20.86% from the third quarter of 2023.
However, within the
Capital Goods sector 53 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
394, from total ROA ranking in the third quarter of 2023 at
550.
What is ROA?