OverviewSuggest Edit

AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts. The company offers a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. Its products are marketed under a range of brands, including Challenger, Fendt, Massey Ferguson, and Valtra. AGCO distributes its products through independent dealers and distributors, as well as associates and licensees. The company also provides retail financing through its finance joint ventures with Rabobank.

TypePublic
Founded1990
HQDuluth, GA, US
Websiteagcocorp.com
Employee Ratings3.8
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)21,000
Job Openings445
Revenue (FY, 2020)$9.1 B(+2%)
Share Price (Sept 2021)$127.7(+3%)
Cybersecurity ratingCMore
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Key People/Management at AGCO

Brad Arnold

Brad Arnold

Senior Vice President, Global Product Management
Roy V. Armes

Roy V. Armes

Director
Andrew H. Beck

Andrew H. Beck

Senior Vice President, Chief Financial Officer
P. George Benson

P. George Benson

Director
Roger N. Batkin

Roger N. Batkin

Senior Vice President, General Counsel and Corporate Secretary
Gary L. Collar

Gary L. Collar

Senior Vice President, General Manager, Asia-Pacific and Africa
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AGCO Office Locations

AGCO has offices in Duluth, Arlington, Batavia, Beloit and in 62 other locations
Duluth, GA, US (HQ)
4205 River Green Pkwy
Arlington, TX, US
2115 Exchange Dr
Batavia, IL, US
1500 N Raddant Rd
Beloit, KS, US
3153 US Hwy 24
DuPont, WA, US
3895 Pioneer Ave
Duluth, GA, US
4570 River Green Pkwy #140
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AGCO Financials and Metrics

AGCO Revenue

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AGCO's revenue was reported to be $9.15 b in FY, 2020
USD

Revenue (Q1, 2021)

2.4b

Gross profit (Q1, 2021)

570.5m

Gross profit margin (Q1, 2021), %

24%

Net income (Q1, 2021)

151.4m

EBIT (Q1, 2021)

195.2m

Market capitalization (23-Sept-2021)

9.4b

Closing stock price (23-Sept-2021)

127.7

Cash (31-Mar-2021)

453.7m

EV

10.4b
AGCO's current market capitalization is $9.4 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.4b8.3b9.4b9.0b9.1b

Revenue growth, %

(1%)12%13%(3%)

Cost of goods sold

5.9b6.5b7.4b7.1b7.1b

Gross profit

1.5b1.8b2.0b2.0b2.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

1.6b2.0b1.8b1.6b2.2b2.0b2.0b2.5b2.2b2.0b2.4b2.1b1.9b2.0b2.4b

Cost of goods sold

1.2b1.6b1.4b1.3b1.7b1.6b1.6b2.0b1.7b1.5b1.9b1.7b1.5b1.6b1.8b

Gross profit

314.7m427.0m353.5m330.3m475.4m428.6m428.0m556.3m473.7m456.7m563.9m450.2m450.5m432.7m570.5m

Gross profit Margin, %

20%21%20%20%22%22%21%22%21%23%23%21%23%22%24%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

429.7m367.7m326.1m432.8m1.1b

Accounts Receivable

890.4m1.0b880.3m800.5m

Inventories

1.5b1.9b1.9b2.1b2.0b

Current Assets

3.2b3.6b3.5b3.7b4.4b
USDQ1, 2016

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.4 x
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AGCO Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Countries Covered

150150140140

Facilities Leased Internationally, square feet

1.77 m1.54 m2.08 m2.06 m

Facilities Owned Internationally, square feet

9.18 m10.46 m10.51 m11.19 m

Manufacturing Locations

47514845
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AGCO Acquisitions / Subsidiaries

Company NameDateDeal Size
151 ResearchSeptember 11, 2020
Precision PlantingJuly 26, 2017
CimbriaJune 29, 2016€310 m
Tecno Poultry Equipment S.P.A.February 15, 2016
Farmer Automatic GmbH & Co. KGApril 16, 2015
Intersystems International LLCMay 23, 2014
Valtra Deutschland GmbHJanuary 05, 2005
Ag-Chem EquipmentNovember 20, 2000$227 m
DronningborgOctober 23, 1997
Ag-Chem Europe Fertilizer Equipment BV
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AGCO Revenue Breakdown

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AGCO revenue breakdown by business segment: 16.3% from Other Machinery, 11.4% from Grain Storage and Protein Production Systems, 14.9% from Replacement Parts and 57.3% from Tractors

AGCO revenue breakdown by geographic segment: 7.9% from Asia, Pacific, Africa, 8.9% from South America, 58.9% from Europe and Middle East and 24.2% from North America

AGCO Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

AGCO Online and Social Media Presence

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AGCO Company Culture

  • Overall Culture

    A-

    86/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

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AGCO News and Updates

Worldwide Fertilizing Machinery Industry to 2030 - Featuring Kuhn Group, AGCO and Lanco Equipment Among Others

DUBLIN, Sept. 17, 2021 /PRNewswire/ -- The "Fertilizing Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information...

Agricultural Machinery Market in India to Record Growth Worth $ 1.87 billion with AGCO Corp., and Amalgamations Group Holding Dominant Positions in the Vendor Landscape | 17,000+ Technavio Research Reports

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- The " Agricultural Machinery Market in India by Product - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for...

AGCO issues penalties to Sobeys for anti-inducement infractions

TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) -- The Registrar of the Alcohol and Gaming Commission of Ontario (AGCO) has issued Orders of Monetary Penalties to five (5) Sobeys locations for non-compliance with Ontario’s anti-inducement rules. The orders of $7,500 to each location total $37,500 in all.

Global Agricultural Machinery Market (2021 to 2026) - Featuring Massey Ferguson, AGCO and Kubota Among Others

Dublin, Aug. 05, 2021 (GLOBE NEWSWIRE) -- The "Agricultural Machinery Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering. The global agricultural machinery market is expected to grow at a compound annual growth rate of 8.12% over the forecast period to…

Deutsche Bank shares 4 stocks with short-term catalysts that will help traders profit from a strong industrials earnings season and cheap machinery names (CARR, CAT, CMI, ETN, OSK, CNHI, AGCO, TEX)

Summary List PlacementEarnings season is here, and expectations are high. According to FactSet data, Wall Street analysts are predicting S&P 500 companies will report an earnings growth rate of 64% during the second quarter, with industrial stocks outperforming the larger market. The sector is…

AGCO Stock Likely To Rebound After A 7% Drop In A Week

The stock price of AGCO, an agricultural machinery manufacturer, has seen a 7% drop over the last five trading days. While there was no company-specific announcement, the industrial stocks focused on agriculture and construction equipment have seen a sell-off last week, with Caterpillar and..
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AGCO Blogs

AGCO Appoints Niels Pörksen to Its Board of Directors

.bwalignc { text-align: center; list-style-position: inside } AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today the election of Niels Pörksen to its Board of Directors effective October 21, 20…

AGCO Agriculture Foundation initiative promotes knowledge and skills for Zambian youth

Program facilitators organized mentorship and coaching sessions, edutainment activities, and hands-on educational learning on vegetable gardening and farm operations.  The post AGCO Agriculture Foundation initiative promotes knowledge and skills for Zambian youth appeared first on AGCO Blog.

AGCO Announces 2021 Third Quarter Earnings Release and Conference Call

.bwalignc { text-align: center; list-style-position: inside } AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2021 Third Quarter Earnings Release Conference Call is scheduled for Thursd…

AGCO Agriculture Foundation’s Poultry Project Empowers Farming Communities to Optimize the Growing Poultry Market in Zambia

The coronavirus pandemic has exposed difficulties facing Africa's poultry industry, including day-old chick price volatility, limited access to quality inputs, and lack of skills and knowledge of production and marketing. Alternatively, the pandemic has shown the potential of the poultry sector to h…
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AGCO Frequently Asked Questions

  • When was AGCO founded?

    AGCO was founded in 1990.

  • Who are AGCO key executives?

    AGCO's key executives are Brad Arnold, Roy V. Armes and Andrew H. Beck.

  • How many employees does AGCO have?

    AGCO has 21,000 employees.

  • What is AGCO revenue?

    Latest AGCO annual revenue is $9.1 b.

  • What is AGCO revenue per employee?

    Latest AGCO revenue per employee is $435.7 k.

  • Who are AGCO competitors?

    Competitors of AGCO include Cognex, HORSCH and John Deere UK and IE.

  • Where is AGCO headquarters?

    AGCO headquarters is located at 4205 River Green Pkwy, Duluth.

  • Where are AGCO offices?

    AGCO has offices in Duluth, Arlington, Batavia, Beloit and in 62 other locations.

  • How many offices does AGCO have?

    AGCO has 75 offices.