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AGCO Price Correlated With Financials For AGCO

Free historical financial statements for AGCO Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 47 quarters since 2011. Compare with AGCO stock chart to see long term trends.

AGCO Stock Compared to Quarterly

AGCO Income Statement

Revenue, Net:3121600000
Revenue Per Share:41.8445
Cost of Goods & Services Sold:2382700000
Gross Profit:738900000
Selling, General & Admin Expense:287500000
Research & Development Expense:104700000
Operating Income:332100000
Income Taxes:74200000
Net Income:237900000
Earnings Per Share, Basic:3.19
Shares Outstanding, Basic Avg:74600000

AGCO Cash Flow

Operating Activities Net Income:
Net Cash from Operations:271100000
Net Cash from Operations Per Share:3.634
Repurchases/Buybacks Common Stock:null
Cash Dividends Paid:17900000
Net Cash from Financing Activities:-76500000
Property, Plant & Equipment Purchases:131300000
Net Cash from Investing Activities:-131000000
Net Change in Cash & Equivalents:26400000

AGCO Balance Sheet

Cash and Cash Equivalents:607000000
Inventories:3324700000
Total Current Assets:5701500000
Property, Plant & Equipment, Net:1419400000
Total Assets:9818100000
Accounts Payable:1171400000
Current Portion of Long-Term Debt:99300000
Total Short-Term Liabilities:3617900000
Long Term Debt, Non-Current Portion:1845700000
Total Liabilities:6297500000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock Inc.
6,843,294 sh
918 sh
0%
$658,120
-$17,222
Vanguard Group Inc
6,335,953 sh
-33,596 sh
-1%
$609,330
-$19,344
Lsv Asset Management
3,309,412 sh
241,457 sh
8%
$318,266
$15,459
Victory Capital Management Inc
3,241,701 sh
511,489 sh
19%
$311,755
$42,283
Nordea Investment Management Ab
2,016,193 sh
-49,092 sh
-2%
$195,541
-$5,679
Dimensional Fund Advisors LP
1,957,088 sh
-130,909 sh
-6%
$188,217
-$17,873
State Street Corp
1,711,193 sh
21,851 sh
1%
$164,565
-$2,173
Citadel Advisors LLC
1,630,572 sh
1,590,472 sh
3966%
$156,812
$152,854
FMR LLC
1,229,719 sh
42,118 sh
4%
$118,263
$1,048
GMO Grantham, Mayo, Van Otterloo LLC
1,000,523 sh
197,594 sh
25%
$96,220
$16,971
Morgan Stanley
946,372 sh
-23,629 sh
-2%
$91,012
-$4,728
Dekabank Deutsche Girozentrale
938,287 sh
243,342 sh
35%
$89,387
$18,981
Turiya Advisors Asia Ltd
874,301 sh
288,799 sh
49%
$84,082
-$1,419
Geode Capital Management, LLC
855,295 sh
10,565 sh
1%
$82,253
-$1,121
Pendal Group Ltd
814,838 sh
-59,195 sh
-7%
$78,363
-$7,904
Ameriprise Financial Inc
776,087 sh
-761,002 sh
-50%
$74,639
-$77,071
Bank Of New York Mellon Corp
705,360 sh
14,646 sh
2%
$67,835
-$340
Deutsche Bank Ag\
702,127 sh
33,125 sh
5%
$67,523
$1,493
Amundi
601,741 sh
-107,028 sh
-15%
$64,512
$546
Bank Of Montreal /Can/
596,557 sh
35,409 sh
6%
$58,392
-$1,219
COMPANY PROFILE
BASIS OF PRESENTATION The condensed consolidated financial statements of AGCO Corporation and its subsidiaries (the “Company” or “AGCO”) included herein have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments, which are of a normal recurring nature, necessary to present fairly the Company’s financial position, results of operations, comprehensive income (loss) and cash flows at the dates and for the periods presented. These condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Results for interim periods are not necessarily indicative of the results for the year. Certain prior period amounts have been reclassified to conform to the current period presentation.

The Company cannot predict the future impact of the COVID-19 pandemic on its business, including any related impacts on the global economic and political environments, market demand for its products, supply chain disruptions, possible workforce unavailability, exchange rates, commodity prices and availability of financing, and their impact to the Company’s net sales, production volumes, costs and overall financial conditions.

New Accounting Pronouncements to be Adopted

In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments,” which requires measurement and recognition of expected versus incurred credit losses for financial assets. In November 2019, the FASB issued ASU 2019-10, “Financial Instruments - Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates,” which delays the effective date of ASU 2016-13 for smaller reporting companies and other non-SEC reporting entities. This applies to the Company’s equity method finance joint ventures, which are now required to adopt ASU 2016-13 for annual periods beginning after December 15, 2022 and interim periods within those annual periods. The standard, and its subsequent modification, likely will impact the results of operations and financial condition of the Company’s finance joint ventures. Therefore, adoption of the standard by the Company’s finance joint ventures likely will impact the Company’s “Investments in affiliates” and “Equity in net earnings of affiliates.” The Company’s finance joint ventures currently are evaluating the impact of ASU 2016-13 to their results of operations and financial condition.

In November 2021, the FASB issued ASU 2021-10, “Government Assistance (Topic 832): Disclosure by Business Entities about Government Assistance,” which improves the transparency of government assistance received by most business entities by requiring the disclosure of: (1) the types of government assistance received; (2) the accounting for such assistance; and (3) the effect of the assistance on a business entity's financial statements. This guidance will be effective for annual periods beginning after December 15, 2021. Early adoption is permitted. The Company is currently evaluating the impact of the new

guidance on the Company's annual disclosures.

Additionally, the Company will adopt the following pronouncement, effective for fiscal years beginning after December 15, 2022, which is not expected to have a material impact the Company's results of operations, financial condition and cash flows.

• ASU 2021-08 – “Business Combinations: Accounting for Contract Assets and Contract Liabilities from Contracts with Customers”

Data imported from AGCO Corp. SEC filings. Check original filings before making any investment decision.