AGCO Earnings Reports

AGCO reported second-quarter net sales of $2.6 billion, an 18.8% decrease year-over-year, with reported EPS of $4.22 and adjusted EPS of $1.35. Despite a challenging global agricultural environment, the company achieved solid results through disciplined cost control, restructuring initiatives, and aggressive production cuts to reduce inventory. Strong cash flow generation was a highlight, and the full-year net sales and adjusted EPS outlook was raised.

AGCO reported a significant decrease in net sales and earnings per share for the first quarter of 2025 compared to the prior year, reflecting continued weak industry demand. The company focused on cost reduction and inventory management while affirming its full-year guidance.

AGCO reported net sales of $2.9 billion for Q4 2024, a decrease of 24.0% compared to Q4 2023. Reported net loss was $(3.42) per share, while adjusted net income was $1.97 per share. The company cut production hours by 33% in the fourth quarter and ended the year with lower company and dealer inventory compared to 2023.

AGCO reported net sales of $2.6 billion for the third quarter, a 24.8% decrease year-over-year. Reported earnings per share were $0.40, and adjusted earnings per share were $0.68. The company reaffirmed its full-year adjusted operating margin target of 9% and revised its 2024 sales and earnings per share outlook to reflect the Grain and Protein divestiture.

AGCO reported a decrease in net sales by 15.1% to $3.2 billion, with a net loss of $(4.92) per share, including the estimated loss on the Grain & Protein business held for sale. Adjusted earnings per share were $2.53. The company lowered its 2024 sales and earnings outlook due to softening market conditions and announced an agreement to divest the Grain & Protein business.

AGCO reported a decrease in net sales by 12.1% to $2.9 billion for the first quarter ended March 31, 2024, with reported earnings per share of $2.25 and adjusted earnings per share of $2.32. The results reflect declining global demand for agricultural equipment and strategic production cuts to reduce dealer inventories. The company completed the PTx Trimble joint venture transaction in early April.

AGCO reported Q4 2023 net sales of $3.8 billion, a decrease of 2.5% compared to Q4 2022. Reported net income was $4.53 per share, compared to $4.29 per share in Q4 2022.

AGCO reported record third-quarter net sales of $3.5 billion, a 10.7% increase compared to the third quarter of 2022. Reported net income was $3.74 per share, and adjusted net income was $3.97 per share. The company raised its full-year operating margin and earnings per share outlook.

AGCO reported record second quarter net sales of $3.8 billion, up nearly 30% year-over-year, and a record operating margin of 13%. The company raised its full-year sales, operating margin, and earnings per share outlook.

AGCO reported record first quarter net sales of $3.3 billion, up 24% year-over-year. Record first quarter operating margin of 11.6%. The company raises full year sales, operating margin and earnings per share outlook. They also announced $5.00 per share special variable dividend and raised quarterly dividend 21%.

AGCO reported net sales of $3.9 billion for the fourth quarter of 2022, a 23.6% increase compared to Q4 2021. Reported net income was $4.29 per share, while adjusted net income was $4.47 per share.

AGCO reported record third-quarter net sales of $3.1 billion, up 14.5% year-over-year, with North American sales up approximately 43%. The company's operating margin expanded by 140 basis points to a record 10.6%. Healthy farm fundamentals are supporting order boards that now stretch well into 2023 in some regions.

AGCO reported net sales for the second quarter of approximately $2.9 billion, an increase of approximately 2.3% compared to the second quarter of 2021. Reported net income was $2.37 per share for the second quarter of 2022, and adjusted net income was $2.38 per share.

AGCO reported a strong first quarter with net sales reaching $2.7 billion, a 12.9% increase compared to Q1 2021. The company's performance was driven by healthy farm economics supporting robust global demand, although supply chain constraints and the war in Ukraine negatively impacted operations. AGCO delivered earnings of $2.03 per share, and adjusted earnings of $2.39 per share.

AGCO reported net sales of approximately $3.2 billion for the fourth quarter of 2021, an increase of approximately 16.1% compared to the fourth quarter of 2020. Reported net income was $3.75 per share for the fourth quarter of 2021, and adjusted net income was $3.08 per share.

AGCO reported a strong third quarter with net sales of $2.7 billion, a 9.1% increase compared to Q3 2020. Reported net income was $2.40 per share, and adjusted net income was $2.41 per share, compared to $2.09 per share in the same period last year. The company is managing supply chain and logistics disruptions and expects strong full-year sales and earnings growth.

AGCO reported net sales of approximately $2.9 billion for the second quarter, a 43.5% increase compared to the second quarter of 2020. Reported net income was $3.73 per share, and adjusted net income was $2.88 per share.

AGCO reported a strong first quarter with net sales increasing by 23.4% compared to Q1 2020. The company achieved record first quarter operating income and earnings per share, driven by favorable market demand and positive response to technology-focused products.

AGCO reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019. Reported net income was $1.78 per share for the fourth quarter of 2020, and adjusted net income was $1.54 per share.

AGCO reported strong Q3 2020 results with net sales increasing by 18.4% compared to Q3 2019. Reported and adjusted net income was $2.09 per share for the third quarter of 2020.

AGCO reported net sales of approximately $2.0 billion for the second quarter, a decrease of approximately 17.2% compared to the second quarter of 2019. Reported net income was $0.93 per share, while adjusted net income, excluding a non-cash impairment charge and restructuring expenses, was $1.11 per share.

AGCO reported net sales of approximately $1.9 billion, a decrease of approximately 3.4% compared to the first quarter of 2019. Reported net income was $0.85 per share and adjusted net income, excluding restructuring expenses, was $0.86 per share.

AGCO reported net sales of approximately $2.5 billion for the fourth quarter of 2019, a decrease of approximately 3.0% compared to the fourth quarter of 2018. Reported net loss was $1.17 per share for the fourth quarter of 2019, and adjusted net income was $0.94 per share.