Adecoagro S.A. (AGRO)
NYSE: AGRO · Real-Time Price · USD
12.02
+0.64 (5.62%)
At close: Sep 1, 2026, 4:00 PM EDT
12.27
+0.25 (2.08%)
After-hours: Sep 1, 2026, 7:57 PM EDT
Adecoagro Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 49.48 | -8.35 | 92.34 | 226.29 | 108.14 | 130.67 |
Depreciation & Amortization | 325.66 | 269.14 | 302.22 | 272.75 | 254.38 | 216.93 |
Other Amortization | 3.44 | 2.33 | 1.8 | 1.35 | - | 1.2 |
Loss (Gain) From Sale of Assets | -5.78 | -4.25 | -3.64 | -11.08 | -3.72 | 0.39 |
Asset Writedown & Restructuring Costs | -25.69 | -16.74 | 41.68 | 7.04 | -41.97 | -6.98 |
Loss (Gain) From Sale of Investments | -1.79 | -1.79 | 9.35 | -3.5 | 2.38 | -0.51 |
Stock-Based Compensation | 4.16 | 11.9 | 6.68 | 8.58 | 10.23 | 6.41 |
Other Operating Activities | 105.11 | 83.48 | 57.35 | 4.26 | 127.42 | 162.4 |
Change in Accounts Receivable | 13.49 | -57.22 | -68.3 | 3.68 | -60.75 | -40.45 |
Change in Inventory | -28.44 | 25.83 | -35.77 | -35.8 | 41.75 | -95.22 |
Change in Accounts Payable | -130.54 | -3.05 | -100.35 | -43.93 | -64.5 | -1.5 |
Change in Other Net Operating Assets | 10.75 | 7.24 | 24.97 | 5.26 | -3.33 | -24.67 |
Operating Cash Flow | 319.85 | 308.52 | 328.33 | 434.91 | 370.03 | 348.66 |
Operating Cash Flow Growth | -1.15% | -6.03% | -24.50% | 17.53% | 6.13% | 35.60% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -265.57 | -264.26 | -262.14 | -242.13 | -226.87 | -211.07 |
Sale of Property, Plant & Equipment | 4.46 | 4.67 | 2.33 | 4.09 | 2.77 | 2.95 |
Cash Acquisitions | -1,078 | -676.02 | -16.18 | -3.19 | 1.12 | - |
Divestitures | 3.29 | 3.29 | 23.26 | 33.24 | 19.88 | 18.11 |
Sale (Purchase) of Intangibles | -1.95 | -2.04 | -1.19 | -1.29 | -3.35 | -1.93 |
Investment in Securities | 44.98 | -17.42 | 14.51 | 35.61 | -98.01 | - |
Other Investing Activities | 41.18 | 28.83 | 7.85 | 62.12 | 5.2 | 16.73 |
Investing Cash Flow | -1,251 | -922.94 | -231.57 | -111.55 | -299.26 | -175.22 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 279.9 | 169.9 | 448.53 | 347.93 | 286.12 |
Long-Term Debt Issued | - | 870.61 | 126.76 | 7.74 | 41.08 | 30.97 |
Total Debt Issued | 1,471 | 1,151 | 296.66 | 456.27 | 389.01 | 317.09 |
Short-Term Debt Repaid | - | -256.34 | -239.95 | -420.28 | -192.65 | -328.46 |
Long-Term Debt Repaid | - | -317.88 | -204.23 | -128.2 | -105.19 | -170.7 |
Total Debt Repaid | -597.36 | -574.22 | -444.17 | -548.48 | -297.84 | -499.16 |
Net Debt Issued (Repaid) | 874.12 | 576.29 | -147.52 | -92.21 | 91.18 | -182.07 |
Issuance of Common Stock | 304 | 303.73 | 0.1 | 0.21 | 2.12 | - |
Repurchase of Common Stock | - | -10.21 | -66.89 | -26.24 | -36.84 | -66.46 |
Common Dividends Paid | -35 | -35 | -35 | -35 | -35 | - |
Other Financing Activities | -82.77 | -49.03 | -24.7 | -55.51 | -45.03 | -54.6 |
Financing Cash Flow | 1,060 | 785.77 | -274 | -208.74 | -23.57 | -303.13 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -6.89 | 0.56 | 48.7 | -5.48 | -16.3 | -6.82 |
Net Cash Flow | 121.86 | 171.91 | -128.54 | 109.13 | 30.89 | -136.52 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 54.28 | 44.26 | 66.19 | 192.77 | 143.15 | 137.59 |
Free Cash Flow Growth | -29.03% | -33.13% | -65.66% | 34.66% | 4.04% | 69.33% |
Free Cash Flow Margin | 3.29% | 3.10% | 4.36% | 14.84% | 10.62% | 12.24% |
Free Cash Flow Per Share | 0.44 | 0.43 | 0.64 | 1.79 | 1.30 | 1.19 |
Levered Free Cash Flow | -128.34 | 346.63 | 52.06 | 155.56 | -20.69 | 42.02 |
Unlevered Free Cash Flow | -24.56 | 414.94 | 98.19 | 200.63 | 30.03 | 91.42 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 71.84 | 48.71 | 24.63 | 55.48 | 44.79 | 53.59 |
Cash Income Tax Paid | 25.17 | 2.41 | 7.29 | 1.34 | 8.12 | 2.2 |
Change in Working Capital | -134.74 | -27.2 | -179.45 | -70.79 | -86.83 | -161.84 |