AGCO's revenue fell 13.55% year over year to roughly $2.3 billion in the latest quarter, suggesting the agricultural machinery downturn has deepened rather than stabilized across North American and European markets.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue and operating margins are contracting, with the latest quarter's 5.1% operating margin down from 9.5% in 2025Q4 despite a steady 25.0% gross margin.
AGCO is a global leader in the design, manufacture, and distribution of agricultural machinery, offering a wide range of products including tractors, combines, and smart farming technologies.
Independent tests confirmed significant fuel-efficiency gains in AGCO's tractors, driven by proprietary AGCO Power engines and technologies like EcoPower and SCR, reducing farmers' operational costs.
AGCO recently reported Q3 2025 results that exceeded earnings and revenue expectations, demonstrating robust financial health and operational efficiency.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $1.05+21.0% vs $0.87 | $2.3B-2.6% vs $2.3B |
Q3 2026 Jul 30, 2026 | $1.43-2.1% vs $1.46 | $2.6B-5.1% vs $2.8B |
Q2 2026 May 5, 2026 | $0.94+114.0% vs $0.44 | $2.3B+3.8% vs $2.3B |
Q1 2026 Feb 5, 2026 | $2.17+17.3% vs $1.85 | $2.9B+9.4% vs $2.7B |
Review Agco's (AGCO) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
AGCO reduced third quarter factory production hours by 19% year over year. AGCO is targeting $60 million to $70 million in 2026 cost benefits.
AGCO NYSE: AGCO reported third-quarter 2026 net sales of approximately $2.3 billion, down 8.6% from the prior-year period, as weak farm economics and cautious equipment spending pressured demand in several major markets. Adjusted earnings per share were $1.05, compared with $1.35 a year earlier, while adjusted operating margin declined to 6.1% from 7.5%.
AGCO Corporation ( AGCO ) Q3 2026 Earnings Call October 29, 2026 10:00 AM EDT Company Participants Greg Peterson - Vice President of Investor Relations Eric Hansotia - Chairman, President & CEO Indira Agarwal - SVP, CFO & Principal Accounting Officer Conference Call Participants Kristen Owen - Oppenheimer & Co. Inc., Research Division Jamie Cook - Truist Securities, Inc., Research Division Stephen Volkmann - Jefferies LLC, Research Division Tami Zakaria - JPMorgan Chase & Co, Research Division Judah Aronovitz - UBS Investment Bank, Research Division Michael Shlisky - D.A. Davidson & Co., Research Division Jerry Revich - Wells Fargo Securities, LLC, Research Division Esther Osinaiya - Morgan Stanley, Research Division Presentation Operator Good day, and welcome to the AGCO 2026 Third Quarter Earnings Call.
Benchmark AGCO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for AGCO Corporation (AGCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $110.44 | $8B | 27.47 | -13.55% | 2.76% | 6.25% | 1.05% | |
| $671.65 | $181.3B | 37.31 | -11.59% | 10.22% | 18.07% | 0.94% | |
| $11.56 | $14.33B | 46.17 | -8.78% | 1.71% | 3.97% | 2.3% | |
| $106.33 | $1.08B | 19.52 | -5.99% | 8.75% | 10.96% | 1.39% | |
| $35.71 | $821.07M | 70.95 | 8.07% | 0.74% | 1.7% | 1.44% | |
| $22.14 | $515.91M | -8.94 | -10.18% | -2.46% | -9.8% | — |
AGCO Corporation (AGCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
AGCO Corporation (AGCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Oct 5, 2026·SEC
Aug 3, 2026·SEC
Get notified when AGCO posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
AGCO Corporation (AGCO) stock FAQ — growth, dividends, profitability & financials explained
AGCO Corporation (AGCO) reported $10.14B in revenue over the trailing twelve months. Revenue was $10.08B in fiscal year 2025. That is 335% more than the $2.32B of fiscal year 1996.
AGCO Corporation (AGCO) grew revenue by 0.9% over the trailing twelve months, compared with the twelve months before.
Yes. AGCO Corporation (AGCO) earned $279.4M in net income over the trailing twelve months (a 2.8% net margin).
Yes. AGCO Corporation (AGCO) pays a dividend that yields 1.05% at the current price, a moderate yield.
AGCO Corporation (AGCO) had a return on equity (ROE) of 6.2% over the trailing twelve months. That is below the market's typical 10-15%.
AGCO Corporation (AGCO) generated $294.4M in free cash flow over the trailing twelve months.
