AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts globally. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements. It also manufactures and distributes grain storage and handling equipment systems, as well as protein production systems.

Its products are recognized in the agricultural equipment industry and are marketed under a range of brands, including Challenger, Fendt, Massey Ferguson and Valtra. The Company distributes its products through a combination of approximately 3,100 independent dealers and distributors in more than 140 countries. In September 2013, Grain Systems, Inc. (GSI), a global brand of the Company announced that it has purchased Johnson System Inc. (JSI), manufacturer of catwalks, towers and support structures based in Marshall, Michigan.

Type
Public
HQ
Duluth, US
Founded
1990
Size (employees)
19,600 (est)
AGCO was founded in 1990 and is headquartered in Duluth, US

Key People at AGCO

Helmut Endres

Helmut Endres

Senior Vice President, Engineering, Worldwide
Andy Beck

Andy Beck

Senior Vice President and Chief Financial Officer
Roger Batkin

Roger Batkin

Vice President, General Counsel and Corporate Secretary
Ulrich Stockheim

Ulrich Stockheim

Head of Global Corporate Communications and Marketing
Hans-Bernd Veltmaat

Hans-Bernd Veltmaat

Senior Vice President and Chief Supply Chain Officer

AGCO Office Locations

AGCO has offices in Duluth, Omaha, Jackson, Neuhausen am Rheinfall and in 6 other locations
Duluth, US (HQ)
4205 River Green Pkwy
Sunshine West, AU
615 Somerville Rd
São Paulo, BR
92 R. James Joule
Neuhausen Am Rheinfall, CH
17 Victor Von Bruns Strasse
Show all (10)

AGCO Data and Metrics

AGCO Financial Metrics

AGCO's revenue was reported to be $7.4 b in FY, 2016 which is a 1% decrease from the previous period.
USD

Revenue (FY, 2016)

7.4 b

Revenue growth (FY, 2015 - FY, 2016), %

(1%)

Gross profit (FY, 2016)

1.5 b

Gross profit margin (FY, 2016), %

20%

Net income (FY, 2016)

160.2 m

EBIT (FY, 2016)

288.4 m

Market capitalization (19-Jul-2017)

5.7 b

Closing share price (19-Jul-2017)

70.6

Cash (31-Dec-2016)

429.7 m

EV

5.3 b
AGCO's current market capitalization is $5.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.8 b9.7 b7.5 b7.4 b

Revenue growth, %

(10%)(23%)(1%)

Cost of goods sold

8.4 b7.7 b5.9 b5.9 b

Gross profit

2.4 b2.1 b1.6 b1.5 b

Gross profit Margin, %

22%21%21%20%

EBIT

900.7 m646.5 m361.1 m288.4 m

EBIT margin, %

8%7%5%4%

Interest income

58 m58.4 m45.4 m52.1 m

Net Income

592.3 m404.2 m264 m160.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1 b363.7 m426.7 m429.7 m

Current Assets

4.5 b3.5 b2.9 b3.2 b

PP&E

1.6 b1.5 b1.3 b1.4 b

Goodwill

1.2 b1.2 b1.1 b1.4 b

Total Assets

8.4 b7.4 b6.5 b7.2 b

Accounts Payable

960.3 m670.2 m625.6 m722.6 m

Total Debt

110.5 m94.3 m89 m85.4 m

Current Liabilities

2.8 b2.2 b2.2 b2.1 b

Additional Paid-in Capital

1.1 b582.5 m301.7 m103.3 m

Retained Earnings

3.4 b3.8 b4 b4.1 b

Total Equity

2.9 b2.8 b

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x0 x0 x

Financial Leverage

2.3 x2.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

592.3 m404.2 m264 m160.2 m

Accounts Payable

54.7 m(219.4 m)37.3 m62.8 m

Cash From Operating Activities

797 m438.4 m524.2 m369.5 m

Purchases of PP&E

(391.8 m)(301.5 m)(211.4 m)(201 m)

Cash From Investing Activities

(408.7 m)(432.9 m)(240.8 m)(598.3 m)

Cash From Financing Activities

(106.8 m)(662 m)(153.4 m)236.4 m
USDY, 2016

EV/EBIT

18.5 x

EV/CFO

14.4 x

Revenue/Employee

378.1 k

Financial Leverage

2.5 x

AGCO Market Value History

AGCO Median Salaries

Source: 111 public H-1B filings from AGCO

AGCO Online and Social Media Presence

AGCO Company Life and Culture

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