AGCO Corp
XBER:AGJ
AGCO Corp
AGCO Corporation, nestled in the heart of agricultural innovation, has cultivated a robust position in the global farming industry. Founded in 1990 and headquartered in Duluth, Georgia, AGCO thrives on its ability to manufacture and distribute agricultural equipment, offering a broad spectrum of products ranging from tractors and combines to hay tools and grain storage systems. At its core, the company operates through a network of well-known brands such as Massey Ferguson, Fendt, Valtra, and Challenger. Each brand brings a storied history and a loyal customer base, allowing AGCO to leverage its comprehensive product lineup to serve a vast array of farming needs across North America, Europe, South America, and Asia-Pacific regions.
The company's revenue funnel is ingeniously crafted through the sales of its specialized machinery, aftermarket parts, and related services. AGCO focuses keenly on innovation, adopting cutting-edge technology to enhance agricultural productivity and sustainability—an approach echoed in its launch of precision farming tools and smart farming solutions. These technological advances help farmers maximize yields and minimize input costs, thus strengthening AGCO's relationships with its customers. Additionally, AGCO's strategic acquisitions and investments in research and development fortify its market standing, enabling it to flourish in a competitive landscape where efficiency and sustainability are paramount. By continually evolving its offerings and maintaining robust dealer connections, AGCO ensures a steady flow of revenue streams, cementing its role as a significant player in the global agriculture sector.
AGCO Corporation, nestled in the heart of agricultural innovation, has cultivated a robust position in the global farming industry. Founded in 1990 and headquartered in Duluth, Georgia, AGCO thrives on its ability to manufacture and distribute agricultural equipment, offering a broad spectrum of products ranging from tractors and combines to hay tools and grain storage systems. At its core, the company operates through a network of well-known brands such as Massey Ferguson, Fendt, Valtra, and Challenger. Each brand brings a storied history and a loyal customer base, allowing AGCO to leverage its comprehensive product lineup to serve a vast array of farming needs across North America, Europe, South America, and Asia-Pacific regions.
The company's revenue funnel is ingeniously crafted through the sales of its specialized machinery, aftermarket parts, and related services. AGCO focuses keenly on innovation, adopting cutting-edge technology to enhance agricultural productivity and sustainability—an approach echoed in its launch of precision farming tools and smart farming solutions. These technological advances help farmers maximize yields and minimize input costs, thus strengthening AGCO's relationships with its customers. Additionally, AGCO's strategic acquisitions and investments in research and development fortify its market standing, enabling it to flourish in a competitive landscape where efficiency and sustainability are paramount. By continually evolving its offerings and maintaining robust dealer connections, AGCO ensures a steady flow of revenue streams, cementing its role as a significant player in the global agriculture sector.
Margins: AGCO delivered a 10.1% adjusted operating margin in Q4 and 7.7% for the full year, setting a new high-water mark for this point in the ag cycle.
Sales: Q4 net sales were $2.9 billion, up 1% YoY (up nearly 4% excluding the Grain & Protein divestiture); full-year sales reached $10.1 billion.
Market Share: AGCO achieved record global market share in 2025 and the largest one-year gain for large ag in North America.
Cost Savings: The company realized $65 million in cost savings in 2025, with an additional $40–$60 million expected in 2026, mainly from SG&A reductions and process improvements.
Free Cash Flow: Free cash flow reached a record $740 million in 2025, up more than $440 million from 2024.
Capital Returns: AGCO executed a $250 million share repurchase in Q4 as part of a $1 billion program, and paid $87 million in dividends for the year.
2026 Guidance: Net sales are expected between $10.4–$10.7 billion and adjusted EPS between $5.50–$6; Q1 EPS is guided to $0.40–$0.45.
Industry Outlook: AGCO expects flat global industry demand in 2026, with North America down about 15%, modest growth in Western Europe, and flat demand in Brazil.
