AGCO Corporation (AGCO) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Agricultural - Machinery
EV/EBITDA
↑
9.80
↑+37% vs avg
5yr avg: 7.13
30Y Low3.4·High14.3
P/FCF
↓
11.12
↓-41% vs avg
5yr avg: 18.79
30Y Low4.2·High164.2
P/B Ratio
↓
1.85
↓-13% vs avg
5yr avg: 2.12
30Y Low0.5·High3.2
ROE
↓
16.9%
-3% vs avg
5yr avg: 17.3%
30Y Low-11%·High28%
Debt/EBITDA
↑
2.62
↑+69% vs avg
5yr avg: 1.55
30Y Low0.8·High5.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AGCO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
AGCO Corporation trades at 11.7x earnings, 17% above its 5-year average of 10.0x, sitting at the 40th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 11.1x P/FCF, 41% below the 5-year average of 18.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.2B | $7.8B | $7.0B | $9.1B | $10.4B | $8.8B | $7.8B | $5.9B | $4.4B | $5.7B | $4.7B |
| Enterprise Value | $10.1B | $9.6B | $9.1B | $10.0B | $11.2B | $9.5B | $8.4B | $7.0B | $5.6B | $7.1B | $6.0B |
| P/E Ratio → | 11.66 | 10.70 | — | 7.76 | 11.67 | 9.79 | 18.25 | 74.28 | 15.55 | 30.79 | 29.52 |
| P/S Ratio | 0.82 | 0.77 | 0.60 | 0.63 | 0.82 | 0.79 | 0.85 | 0.66 | 0.47 | 0.69 | 0.64 |
| P/B Ratio | 1.85 | 1.70 | 1.73 | 1.95 | 2.68 | 2.55 | 2.58 | 2.05 | 1.48 | 1.85 | 1.67 |
| P/FCF | 11.12 | 10.50 | 23.54 | 15.54 | 23.09 | 21.26 | 12.44 | 14.08 | 11.30 | 15.33 | 28.05 |
| P/OCF | 8.33 | 7.87 | 10.12 | 8.24 | 12.39 | 12.86 | 8.69 | 8.55 | 7.45 | 9.92 | 12.79 |
P/E links to full P/E history page with 30-year chart
AGCO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
AGCO Corporation's enterprise value stands at 9.8x EBITDA, 37% above its 5-year average of 7.1x. The Industrials sector median is 13.8x, placing the stock at a 29% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.95 | 0.78 | 0.70 | 0.88 | 0.85 | 0.92 | 0.78 | 0.60 | 0.85 | 0.81 |
| EV / EBITDA | 9.80 | 9.35 | 6.99 | 4.95 | 7.03 | 7.35 | 9.31 | 8.70 | 6.94 | 10.00 | 10.44 |
| EV / EBIT | 14.39 | 14.36 | — | 7.15 | 9.70 | 9.82 | 14.35 | 24.19 | 13.46 | 21.06 | 22.34 |
| EV / FCF | — | 12.96 | 30.84 | 17.14 | 24.86 | 23.05 | 13.44 | 16.60 | 14.26 | 18.93 | 35.57 |
AGCO Profitability
Margins and return-on-capital ratios measuring operating efficiency
AGCO Corporation earns an operating margin of 6.9%, above the Industrials sector average of 4.3%. Operating margins have compressed from 12.0% to 6.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.9% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 8.3% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.8% | 24.8% | 24.4% | 25.9% | 23.4% | 22.5% | 21.8% | 21.3% | 20.7% | 20.6% | 19.7% |
| Operating Margin | 6.9% | 6.9% | 8.4% | 12.0% | 10.4% | 9.1% | 6.9% | 5.9% | 5.5% | 5.2% | 4.0% |
| Net Profit Margin | 7.2% | 7.2% | -3.6% | 8.1% | 7.0% | 8.1% | 4.7% | 1.4% | 3.1% | 2.2% | 2.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.9% | 16.9% | -9.8% | 27.4% | 24.3% | 27.8% | 14.4% | 4.2% | 9.4% | 6.3% | 5.6% |
| ROA | 6.3% | 6.3% | -3.8% | 10.9% | 9.2% | 10.1% | 5.3% | 1.6% | 3.7% | 2.5% | 2.3% |
| ROIC | 8.3% | 8.3% | 12.4% | 25.3% | 22.4% | 19.4% | 12.5% | 9.9% | 9.0% | 7.5% | 5.8% |
| ROCE | 9.0% | 9.0% | 13.5% | 26.5% | 22.5% | 18.7% | 12.6% | 11.0% | 10.2% | 8.3% | 6.4% |
AGCO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
AGCO Corporation carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (19% below the sector average of 3.2x). Net debt stands at $1.8B ($2.7B total debt minus $862M cash). Interest coverage of 10.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.59 | 0.59 | 0.69 | 0.33 | 0.41 | 0.47 | 0.58 | 0.51 | 0.50 | 0.55 | 0.60 |
| Debt / EBITDA | 2.62 | 2.62 | 2.12 | 0.75 | 1.00 | 1.25 | 1.92 | 1.85 | 1.84 | 2.42 | 2.95 |
| Net Debt / Equity | — | 0.40 | 0.54 | 0.20 | 0.21 | 0.21 | 0.21 | 0.37 | 0.39 | 0.43 | 0.45 |
| Net Debt / EBITDA | 1.78 | 1.78 | 1.65 | 0.46 | 0.50 | 0.57 | 0.70 | 1.32 | 1.44 | 1.90 | 2.21 |
| Debt / FCF | — | 2.46 | 7.30 | 1.59 | 1.78 | 1.79 | 1.01 | 2.52 | 2.95 | 3.60 | 7.51 |
| Interest Coverage | 10.07 | 10.07 | -1.71 | 20.38 | 25.07 | 38.18 | 23.57 | 10.07 | 7.48 | 6.45 | 4.23 |
AGCO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.39x means AGCO Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.67x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.46x to 1.39x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.39 | 1.39 | 1.34 | 1.46 | 1.40 | 1.45 | 1.30 | 1.29 | 1.28 | 1.37 | 1.48 |
| Quick Ratio | 0.67 | 0.67 | 0.63 | 0.67 | 0.62 | 0.70 | 0.71 | 0.57 | 0.59 | 0.66 | 0.77 |
| Cash Ratio | 0.23 | 0.23 | 0.16 | 0.14 | 0.19 | 0.26 | 0.33 | 0.15 | 0.12 | 0.14 | 0.20 |
| Asset Turnover | — | 0.85 | 1.04 | 1.26 | 1.25 | 1.21 | 1.08 | 1.17 | 1.23 | 1.04 | 1.03 |
| Inventory Turnover | 2.80 | 2.80 | 3.23 | 3.10 | 3.04 | 3.33 | 3.63 | 3.42 | 3.89 | 3.52 | 3.93 |
| Days Sales Outstanding | — | 39.08 | 39.67 | 40.65 | 35.24 | 32.49 | 34.15 | 32.32 | 34.36 | 44.79 | 43.86 |
AGCO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
AGCO Corporation returns 4.1% to shareholders annually — split between a 1.0% dividend yield and 3.0% buyback yield. The payout ratio of 11.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.1% | 3.9% | 5.0% | 3.9% | 4.1% | 0.6% | 0.8% | 1.1% | 0.8% | 0.9% |
| Payout Ratio | 11.9% | 11.9% | — | 39.0% | 45.4% | 40.0% | 11.2% | 38.3% | 16.5% | 23.9% | 26.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.6% | 9.3% | — | 12.9% | 8.6% | 10.2% | 5.5% | 1.3% | 6.4% | 3.2% | 3.4% |
| FCF Yield | 9.0% | 9.5% | 4.2% | 6.4% | 4.3% | 4.7% | 8.0% | 7.1% | 8.8% | 6.5% | 3.6% |
| Buyback Yield | 3.0% | 3.2% | 0.3% | 0.6% | 0.2% | 1.5% | 0.7% | 2.2% | 4.2% | 0.1% | 4.5% |
| Total Shareholder Yield | 4.1% | 4.3% | 4.2% | 5.6% | 4.1% | 5.6% | 1.3% | 3.0% | 5.2% | 0.9% | 5.4% |
| Shares Outstanding | — | $75M | $75M | $75M | $75M | $76M | $76M | $77M | $80M | $80M | $82M |
Peer Comparison
Compare AGCO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AGCOYou | $8B | 11.7 | 9.8 | 11.1 | 24.8% | 6.9% | 16.9% | 8.3% | 2.6 |
 DE | $159B | 31.9 | 20.2 | 49.2 | 36.5% | 18.8% | 20.5% | 7.8% | 6.0 |
 CNH | $13B | 25.5 | 10.8 | 6.5 | 31.4% | 15.4% | 6.5% | 6.6% | 7.9 |
 LNN | $1B | 17.6 | 10.4 | 13.8 | 31.2% | 13.0% | 14.6% | 15.7% | 1.3 |
 ASTE | $1B | 33.4 | 15.1 | 60.0 | 26.5% | 4.6% | 5.9% | 6.2% | 3.1 |
 TITN | $482M | -8.7 | 36.7 | 4.2 | 15.8% | -0.1% | -9.1% | -0.1% | 23.7 |
 CF | $16B | 11.5 | 5.4 | 8.8 | 38.5% | 33.4% | 18.9% | 18.7% | 1.2 |
 MOS | $7B | 13.5 | 5.5 | — | 15.1% | 8.7% | 4.5% | 4.8% | 2.4 |
 NTR | $30B | 13.3 | 6.7 | 14.8 | 31.0% | 14.5% | 9.3% | 8.0% | 2.0 |
 CTVA | $53B | 49.1 | 13.3 | 18.7 | 43.6% | 15.1% | 4.5% | 8.5% | 0.7 |
 ADM | $36B | 33.7 | 16.7 | 8.6 | 6.3% | 1.8% | 4.7% | 3.3% | 3.2 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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AGCO — Frequently Asked Questions
Quick answers to the most common questions about buying AGCO stock.
What is AGCO Corporation's P/E ratio?
AGCO Corporation's current P/E ratio is 11.7x. The historical average is 20.0x. This places it at the 40th percentile of its historical range.
What is AGCO Corporation's EV/EBITDA?
AGCO Corporation's current EV/EBITDA is 9.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.0x.
What is AGCO Corporation's ROE?
AGCO Corporation's return on equity (ROE) is 16.9%. The historical average is 10.0%.
Is AGCO stock overvalued?
Based on historical data, AGCO Corporation is trading at a P/E of 11.7x. This is at the 40th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is AGCO Corporation's dividend yield?
AGCO Corporation's current dividend yield is 1.02% with a payout ratio of 11.9%.
What are AGCO Corporation's profit margins?
AGCO Corporation has 24.8% gross margin and 6.9% operating margin.
How much debt does AGCO Corporation have?
AGCO Corporation's Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.