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Agco Corp  (AGCO)
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Agco Corp

AGCO's Financial Statements and Analysis



Agco Corp reported in the forth quarter of 2023 net earnings per share of $4.54 an increase by 5.07 % year on year from $4.32 and an improvement of 21.34 % from $3.74 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 4.54 $  3,801 Mill
$+0.22     +5.07 % $-98M     -2.51 %



Agco's Revenue fell by -2.51 % in forth quarter of 2023 (Dec 31 2023) year on year, to $3,801 million and advanced by 10.02 % sequentially.


Agco is

More on AGCO's Income Statement



Agco's net income of $339.000 million in the forth quarter of 2023 increased by 5.21 % from net earnings of $322.200 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 20.86 % from net income of $280.500 million realized in previous quarter.

More on AGCO's Growth

Agco Inventories
Inventories grew by 7.87 % to $3,441 million from IV. Quarter a year ago, sequentially inventories fell by -7.66 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-85 million, capital expenditures fell by -117.836.16%, to $-160 millions compare to same quarter a year ago

More on AGCO's Cash flow Statement


Agco Corp payed out dividend of $6.10 per share in last 52 weeks representing 39.00 % of net earning per share in trailing twelve-month period.

During the same period Agco Corp earned $ 14.72 cash per share, on a free-cash flow basis 94.11 % of net earning per share.

Book value grew by 6.99 % sequentially to $62.14 per share, 66.06% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 40.22 per share from $ 36.32.

Company repurchased 0.05 million shares or 0.07 % in Dec 31 2023.
Interest Coverage Ratio was 71.18. Debt Coverage Ratio was 0.71.

More on AGCO's Dividends

 Market Capitalization (Millions) 8,726
 Shares Outstanding (Millions) 75
 Total Debt (Millions $) 1,392
 Revenue (TTM) (Millions $) 14,412
 Net Income (TTM) (Millions $) 1,171
 Cash Flow (TTM) (Millions $) -194
 Capital Exp. (TTM) (Millions $) -518
 Dividend TTM ($) 6.1 $
 Dividend Yield TTM (%) 1 %
 Employees (TTM) $ 19,600




Agco Corp payed out dividend of $6.10 per share in the last 52 weeks representing 39.00 % of net earning per share in trailing twelve-month period.

During the same period Agco Corp had $ 14.72 cash flow per share, on a free-cash flow basis 94.11 % of net earning per share.

Book value grew by 6.99 % sequentially to $62.14 per share, 66.06% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 40.22 per share from $ 36.32.

Company repurchased 0.05 million shares or 0.07 % in Dec 31 2023.
Interest Coverage Ratio was 71.18. Debt Coverage Ratio was 0.71.

More on AGCO's Balance Sheets

 Market Capitalization (Millions) 8,726
 Shares Outstanding (Millions) 75
 Total Debt (Millions $) 1,392
 Revenue (TTM) (Millions $) 14,412
 Net Income (TTM) (Millions $) 1,171
 Cash Flow (TTM) (Millions $) -194
 Capital Exp. (TTM) (Millions $) -518
 Dividend TTM ($) 6.1 $
 Dividend Yield TTM (%) 1 %
 Employees (TTM) $ 19,600
   


  News about Agco Corp Earnings

AGCO Corp Overcomes Challenges to Deliver Strong Financial Performance in 2023

AGCO Corp is a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology. The company reported net sales of $3.8 billion for the fourth quarter of 2023, a slight decrease of 2.5% compared to the fourth quarter of the previous year. Despite the decrease in revenue, AGCO managed to raise its earnings per share, with income per share surging by 5.07% to $4.54 per share.
Looking at the financial year 2023 as a whole, AGCO reported revenue of $14.41 billion and net profits of $1.17 billion. Earnings per share grew significantly by 31.68% to $15.63 per share from $11.87 in the prior financial year. This represents a strong performance for the company, show...

Impressive Growth: Agco Corp Reports Exemplary Revenue and Earnings Per Share in Q3 of 2023

AGCO Corp Reports Double Digit Revenue and Profit Improvement, Shines in Industrial Machinery and Components Sector
AGCO Corp, a leading player in the Industrial Machinery and Components sectors, has announced impressive financial results for the interval ending September 30, 2023. The company reported double-digit revenue growth and a significant improvement in its bottom-line figures, highlighting its resilience and success amidst challenging market conditions.
AGCO Corp's revenue for the period reached $3.46 billion, showcasing a 10.68% increase year on year. However, the company experienced a quarter-on-quarter decline of -9.619%. Despite this decrease, AGCO Corp's income demonstrated a positive ...

AGCO Corp Surges Ahead with Astonishing 29.794% Revenue Growth, Leaving Competitors in the Dust

AGCO, a leading company in the Industrial Machinery and Components sector, has shown impressive performance in the financial time-frame ending June 30, 2023. The company reported a significant increase in income per share, growing by an impressive 79.75% year on year to reach $4.26 per share. Additionally, AGCO's revenue also experienced a substantial growth rate of 29.794% to hit $3.82 billion.
What sets AGCO apart from its competitors in the sector is its exceptional top-line growth. In the second quarter of 2023, most corporations in the Industrial Machinery and Components sector reported an average top-line improvement of 5.94% compared to the same period of the previous year. However, AGCO outperfor...

AGCO Corporation Reports Impressive Revenue Growth and Strategic Shift in Sales Improvement Efforts for Q1 2023

The AGCO Corporation has made interesting strides in the first quarter of 2023, with commendable revenue growth and strategic shift in its sales improvement efforts. Although income fell by 17.14% to $3.10 per share, compared to $3.74 in the previous year, the overall performance of the company in the first quarter is a cause for optimism.
Revenue increased remarkably by 5.651% to a staggering $3.33 billion, compared to $3.16 billion in the year-over-year reporting period, while earnings per share decreased by a small percentage. Revenue growth also grew by 6.788%, an impressive feat from the previous period, while earnings per share only decreased by a mere -2.52% from $3.18 per share, and earnings of $...


Date modified: 2024-02-27T17:54:20+00:00





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