AGCO Corporation (AGCO)

AGCO Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	14,412	12,651	11,138	9,150	9,041
Revenue Growth (YoY)	13.92%	13.58%	21.73%	1.20%	-3.32%
Cost of Revenue	10,635	9,650	8,566	7,092	7,057
Gross Profit	3,777	3,001	2,572	2,058	1,984
Selling, General & Admin	1,455	1,190	1,089	1,002	1,040
Research & Development	548.8	444.2	405.8	342.6	343.4
Other Operating Expenses	436	247.4	126.8	136.4	319.6
Operating Expenses	2,439	1,881	1,621	1,481	1,703
Operating Income	1,338	1,120	951	577	281
Interest Expense / Income	4.6	13	6.7	15	19.9
Other Expense / Income	-68.3	-79	-61.1	-52.8	-44.9
Pretax Income	1,402	1,186	1,005	614.8	306
Income Tax	230.4	296.6	108.4	187.7	180.8
Net Income	1,171	889.6	897	427.1	125.2
Net Income Growth	31.68%	-0.82%	110.02%	241.13%	-56.15%
Shares Outstanding (Basic)	75	75	75	75	76
Shares Outstanding (Diluted)	75	75	76	76	77
Shares Change	-	-1.06%	0.13%	-1.82%	-3.39%
EPS (Basic)	15.66	11.92	11.93	5.69	1.64
EPS (Diluted)	15.63	11.87	11.85	5.65	1.63
EPS Growth	31.68%	0.17%	109.73%	246.63%	-54.47%
Free Cash Flow	596.8	452.5	396.7	628.5	427.4
Free Cash Flow Per Share	7.98	6.07	5.28	8.38	5.61
Dividend Per Share	6.110	5.420	4.760	0.640	0.630
Dividend Growth	12.73%	13.87%	643.75%	1.59%	5.00%
Gross Margin	26.21%	23.72%	23.09%	22.49%	21.95%
Operating Margin	9.28%	8.85%	8.54%	6.31%	3.11%
Profit Margin	8.13%	7.03%	8.05%	4.67%	1.38%
Free Cash Flow Margin	4.14%	3.58%	3.56%	6.87%	4.73%
Effective Tax Rate	16.44%	25.00%	10.78%	30.53%	59.08%
EBITDA	1,695	1,469	1,294	901.8	597.9
EBITDA Margin	11.76%	11.61%	11.62%	9.86%	6.61%
Depreciation & Amortization	288.1	269.6	281.8	272	272
EBIT	1,406	1,199	1,012	629.8	325.9
EBIT Margin	9.76%	9.48%	9.09%	6.88%	3.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).