AGCO CORP /DE
AGCO · Farm Machinery & Equipment · 72.4M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $7M (gross $53M, SBC $46M)
Reference price $123.28 · est. market cap ~$8.9B — last insider sale, 2026-05-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73A global farm-machinery leader with strong returns and FCF, weathering a cyclical ag downturn and portfolio reshaping.
Strengths
- Strong returns and cash (ROE 17%/75th pct, ROA 81st pct, FCF 88th pct) behind premium brands (Fendt, Massey Ferguson, Valtra)
- Precision-ag/PTx Trimble platform and global dealer network in ~140 countries provide durable positioning
Risks
- Revenue fell 13.5% on weak end-market demand; gross margin only 26th pct and quick ratio 22nd pct
- Cyclical, seasonal demand, tariff/steel cost exposure and reliance on Rabobank-controlled finance JVs
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~69% of revenue from one customer/distributor — Consolidated net sales of tractors and combines, which comprised approximately 68
- Strong balance sheetStrong balance sheet — $862M cash & investments
- Revenue declineRevenue -19.8% YoY
- Insider sellingInsider selling — 3 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$52M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
25.5%
Operating margin
5.9%
Net margin
7.2%
Return on equity
17.0%
Return on assets
6.1%
ROIC
7.0%
Revenue growth (QoQ)
-19.8%
Debt / equity
0.6×
Current ratio
1.4×
Free cash flow
$740M
Tangible book value
$1.7B
Cash & investments
$862M
Stock comp / revenue
0.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | De Lange Bob | Grant | 4 | $116.71 |
| 2026-06-15 | Barbour Sondra L | Grant | 33 | $116.71 |
| 2026-05-05 | Tractors & Farm Equipment Ltd | Sell | 114K | $123.28 |
| 2026-05-05 | Tractors & Farm Equipment Ltd | Sell | 309K | $123.28 |
| 2026-04-23 | De Lange Bob | Grant | 1.7K | — |
| 2026-04-23 | Sagehorn David M. | Grant | 1.7K | — |
| 2026-04-23 | arnold michael c | Grant | 1.7K | — |
| 2026-04-23 | Porksen Niels | Grant | 1.3K | — |
| 2026-04-23 | CLARK SUZANNE PATRICIA | Grant | 1.7K | — |
| 2026-04-23 | Collins James C. Jr. | Grant | 1.7K | — |
| 2026-04-23 | Golodryga Zhanna | Grant | 1.7K | — |
| 2026-04-23 | Barbour Sondra L | Grant | 1.7K | — |
| 2026-04-20 | Hansotia Eric P | Tax withheld | 2.0K | $115.29 |
| 2026-03-16 | Barbour Sondra L | Grant | 27 | $119.70 |
| 2026-03-16 | De Lange Bob | Grant | 0 | $119.70 |
| 2026-02-17 | Dehner Torsten Rudolf Willi | Option exercise | 5.1K | $72.74 |
| 2026-02-17 | Bennett Kelvin Eugene | Sell | 2.3K | $137.04 |
| 2026-02-17 | Dehner Torsten Rudolf Willi | Tax withheld | 3.4K | $138.30 |
| 2026-02-10 | Felli Luis Fernando Sartini | Option exercise | 2.5K | $72.74 |
| 2026-02-10 | Felli Luis Fernando Sartini | Tax withheld | 1.7K | $133.00 |
| 2026-02-05 | Audia Damon J | Grant | 1.2K | — |
| 2026-02-05 | Millwood Timothy | Grant | 733 | — |
| 2026-02-05 | Millwood Timothy | Tax withheld | 318 | $124.34 |
| 2026-02-05 | Harris Ivory Marie | Grant | 576 | — |
| 2026-02-05 | Harris Ivory Marie | Tax withheld | 257 | $124.34 |
| 2026-02-05 | Bennett Kelvin Eugene | Grant | 576 | — |
| 2026-02-05 | Bennett Kelvin Eugene | Tax withheld | 256 | $124.34 |
| 2026-02-05 | Felli Luis Fernando Sartini | Grant | 982 | — |
| 2026-02-05 | Felli Luis Fernando Sartini | Tax withheld | 271 | $124.34 |
| 2026-02-05 | Dehner Torsten Rudolf Willi | Grant | 982 | — |
| 2026-02-05 | Dehner Torsten Rudolf Willi | Tax withheld | 300 | $124.34 |
| 2026-02-05 | Caspari Stefan | Grant | 576 | — |
| 2026-02-05 | Caspari Stefan | Tax withheld | 201 | $124.34 |
| 2026-02-05 | Hansotia Eric P | Grant | 9.4K | — |
| 2026-02-05 | Hansotia Eric P | Tax withheld | 3.7K | $124.34 |
| 2026-02-05 | Audia Damon J | Tax withheld | 551 | $124.34 |
| 2026-01-30 | Felli Luis Fernando Sartini | Tax withheld | 282 | $113.41 |
| 2026-01-30 | Millwood Timothy | Tax withheld | 444 | $113.41 |
| 2026-01-30 | Millwood Timothy | Tax withheld | 296 | $113.41 |
| 2026-01-30 | Millwood Timothy | Tax withheld | 316 | $113.41 |
| 2026-01-30 | Millwood Timothy | Tax withheld | 111 | $113.41 |
| 2026-01-30 | Harris Ivory Marie | Tax withheld | 294 | $113.41 |
| 2026-01-30 | Harris Ivory Marie | Tax withheld | 268 | $113.41 |
| 2026-01-30 | Bennett Kelvin Eugene | Tax withheld | 275 | $113.41 |
| 2026-01-30 | Bennett Kelvin Eugene | Tax withheld | 246 | $113.41 |
| 2026-01-30 | Felli Luis Fernando Sartini | Tax withheld | 252 | $113.41 |
| 2026-01-30 | Dehner Torsten Rudolf Willi | Tax withheld | 312 | $113.41 |
| 2026-01-30 | Dehner Torsten Rudolf Willi | Tax withheld | 279 | $113.41 |
| 2026-01-30 | Caspari Stefan | Tax withheld | 225 | $113.41 |
| 2026-01-30 | Caspari Stefan | Tax withheld | 184 | $113.41 |
| 2026-01-30 | Hansotia Eric P | Tax withheld | 4.2K | $113.41 |
| 2026-01-30 | Hansotia Eric P | Tax withheld | 3.4K | $113.41 |
| 2026-01-30 | Audia Damon J | Tax withheld | 929 | $113.41 |
| 2026-01-30 | Audia Damon J | Tax withheld | 512 | $113.41 |
| 2026-01-29 | Millwood Timothy | Tax withheld | 586 | $114.33 |
| 2026-01-29 | Caspari Stefan | Tax withheld | 331 | $114.33 |
| 2026-01-29 | Dehner Torsten Rudolf Willi | Tax withheld | 380 | $114.33 |
| 2026-01-29 | Felli Luis Fernando Sartini | Tax withheld | 332 | $114.33 |
| 2026-01-29 | Hansotia Eric P | Tax withheld | 6.6K | $114.33 |
| 2026-01-29 | Agarwal Indira | Tax withheld | 288 | $114.33 |
| 2026-01-29 | Bennett Kelvin Eugene | Tax withheld | 324 | $114.33 |
| 2026-01-29 | Audia Damon J | Tax withheld | 1.7K | $114.33 |
| 2026-01-29 | Harris Ivory Marie | Tax withheld | 416 | $114.33 |
| 2026-01-28 | Audia Damon J | Grant | 14K | — |
| 2026-01-28 | Millwood Timothy | Grant | 4.3K | — |
| 2026-01-28 | Harris Ivory Marie | Grant | 3.2K | — |
| 2026-01-28 | Bennett Kelvin Eugene | Grant | 2.3K | — |
| 2026-01-28 | Agarwal Indira | Grant | 1.6K | — |
| 2026-01-28 | Felli Luis Fernando Sartini | Grant | 4.2K | — |
| 2026-01-28 | Dehner Torsten Rudolf Willi | Grant | 4.3K | — |
| 2026-01-28 | Caspari Stefan | Grant | 3.2K | — |
| 2026-01-28 | Hansotia Eric P | Grant | 53K | — |
| 2026-01-28 | Sorbe Brian James | Grant | 2.8K | — |
| 2026-01-15 | Bennett Kelvin Eugene | Grant | 231 | $93.89 |
| 2026-01-15 | Hansotia Eric P | Grant | 231 | $93.89 |
| 2026-01-15 | Harris Ivory Marie | Grant | 53 | $93.89 |
| 2025-12-15 | De Lange Bob | Grant | 0 | $108.52 |
| 2025-12-15 | Barbour Sondra L | Grant | 30 | $108.52 |
| 2025-11-28 | Hansotia Eric P | Option exercise | 9.3K | $62.85 |
| 2025-11-28 | Hansotia Eric P | Tax withheld | 7.0K | $106.18 |
| 2025-11-28 | Hansotia Eric P | Tax withheld | 7.2K | $106.18 |
| 2025-11-10 | Bennett Kelvin Eugene | Sell | 250 | $104.28 |
| 2025-09-15 | Barbour Sondra L | Grant | 29 | $109.83 |
| 2025-09-15 | De Lange Bob | Grant | 18 | $109.83 |
| 2025-08-15 | Harris Ivory Marie | Sell | 2.7K | $112.59 |
| 2025-08-11 | Felli Luis Fernando Sartini | Sell | 10K | $109.40 |
| 2025-08-08 | Felli Luis Fernando Sartini | Sell | 5.0K | $111.50 |
| 2025-07-11 | Audia Damon J | Tax withheld | 4.1K | $110.86 |
| 2025-07-11 | Hansotia Eric P | Tax withheld | 1.1K | $110.86 |
| 2025-07-10 | Agarwal Indira | Tax withheld | 1.2K | $113.77 |
| 2025-06-16 | De Lange Bob | Grant | 19 | $102.18 |
| 2025-06-16 | Barbour Sondra L | Grant | 32 | $102.18 |
| 2025-05-13 | Bennett Kelvin Eugene | Sell | 250 | $106.18 |
| 2025-05-09 | Harris Ivory Marie | Sell | 615 | $99.61 |
| 2025-05-06 | De Lange Bob | Buy | 2.6K | $94.77 |
| 2025-04-24 | arnold michael c | Grant | 2.2K | — |
| 2025-04-24 | Sagehorn David M. | Grant | 2.2K | — |
| 2025-04-24 | Golodryga Zhanna | Grant | 2.2K | — |
| 2025-04-24 | Barbour Sondra L | Grant | 2.2K | — |
| 2025-04-24 | Tsien Matthew | Grant | 2.2K | — |
| 2025-04-24 | CLARK SUZANNE PATRICIA | Grant | 2.2K | — |
| 2025-04-24 | Porksen Niels | Grant | 1.6K | — |
| 2025-04-24 | De Lange Bob | Grant | 2.2K | — |
| 2025-03-14 | Barbour Sondra L | Grant | 28 | $93.36 |
| 2025-03-14 | De Lange Bob | Grant | 14 | $93.36 |
| 2025-02-07 | Audia Damon J | Tax withheld | 2.8K | $99.98 |
| 2025-02-07 | Caspari Stefan | Grant | 3.5K | — |
| 2025-02-07 | Caspari Stefan | Tax withheld | 1.6K | $99.98 |
| 2025-02-07 | Harris Ivory Marie | Grant | 3.5K | — |
| 2025-02-07 | Harris Ivory Marie | Tax withheld | 1.6K | $99.98 |
| 2025-02-07 | Felli Luis Fernando Sartini | Grant | 6.0K | — |
| 2025-02-07 | Felli Luis Fernando Sartini | Tax withheld | 1.6K | $99.98 |
| 2025-02-07 | Audia Damon J | Grant | 6.2K | — |
| 2025-02-07 | Hansotia Eric P | Grant | 42K | — |
| 2025-02-07 | Hansotia Eric P | Tax withheld | 16K | $99.98 |
| 2025-02-07 | Hansotia Eric P | Grant | 16K | — |
| 2025-02-07 | Hansotia Eric P | Tax withheld | 6.3K | $99.98 |
| 2025-02-07 | Crawford Seth Howard | Grant | 3.5K | — |
| 2025-02-07 | Crawford Seth Howard | Tax withheld | 1.5K | $99.98 |
| 2025-02-07 | Crawford Seth Howard | Grant | 2.5K | — |
| 2025-02-07 | Crawford Seth Howard | Tax withheld | 1.1K | $99.98 |
| 2025-02-07 | Bennett Kelvin Eugene | Grant | 3.5K | — |
| 2025-02-07 | Bennett Kelvin Eugene | Tax withheld | 1.5K | $99.98 |
| 2025-02-07 | Dehner Torsten Rudolf Willi | Grant | 6.0K | — |
| 2025-02-07 | Dehner Torsten Rudolf Willi | Tax withheld | 1.9K | $99.98 |
| 2025-02-07 | Millwood Timothy | Grant | 1.3K | — |
| 2025-02-07 | Millwood Timothy | Tax withheld | 376 | $99.98 |
| 2025-01-31 | Harris Ivory Marie | Tax withheld | 301 | $104.43 |
| 2025-01-31 | Felli Luis Fernando Sartini | Tax withheld | 282 | $104.43 |
| 2025-01-31 | Dehner Torsten Rudolf Willi | Tax withheld | 319 | $104.43 |
| 2025-01-31 | Audia Damon J | Tax withheld | 928 | $104.43 |
| 2025-01-31 | Bennett Kelvin Eugene | Tax withheld | 275 | $104.43 |
| 2025-01-31 | Caspari Stefan | Tax withheld | 347 | $104.43 |
| 2025-01-31 | Crawford Seth Howard | Tax withheld | 437 | $104.43 |
| 2025-01-31 | Hansotia Eric P | Tax withheld | 4.2K | $104.43 |
| 2025-01-31 | Millwood Timothy | Tax withheld | 297 | $104.43 |
| 2025-01-30 | Harris Ivory Marie | Tax withheld | 269 | $106.38 |
| 2025-01-30 | Felli Luis Fernando Sartini | Tax withheld | 252 | $106.38 |
| 2025-01-30 | Bennett Kelvin Eugene | Tax withheld | 246 | $106.38 |
| 2025-01-30 | Dehner Torsten Rudolf Willi | Tax withheld | 285 | $106.38 |
| 2025-01-30 | Caspari Stefan | Tax withheld | 269 | $106.38 |
| 2025-01-30 | Audia Damon J | Tax withheld | 569 | $106.38 |
| 2025-01-30 | Crawford Seth Howard | Tax withheld | 424 | $106.38 |
| 2025-01-30 | Millwood Timothy | Tax withheld | 542 | $106.38 |
| 2025-01-30 | Hansotia Eric P | Tax withheld | 3.4K | $106.38 |
| 2025-01-29 | Felli Luis Fernando Sartini | Grant | 3.6K | — |
| 2025-01-29 | Millwood Timothy | Grant | 3.6K | — |
| 2025-01-29 | Hansotia Eric P | Grant | 50K | — |
| 2025-01-29 | Agarwal Indira | Grant | 1.7K | — |
| 2025-01-29 | Bennett Kelvin Eugene | Grant | 2.1K | — |
| 2025-01-29 | Dehner Torsten Rudolf Willi | Grant | 3.7K | — |
| 2025-01-29 | Harris Ivory Marie | Grant | 2.5K | — |
| 2025-01-29 | Caspari Stefan | Grant | 2.9K | — |
| 2025-01-29 | Audia Damon J | Grant | 11K | — |
| 2025-01-29 | Crawford Seth Howard | Grant | 3.6K | — |
| 2025-01-20 | Harris Ivory Marie | Tax withheld | 310 | $101.69 |
| 2025-01-20 | Dehner Torsten Rudolf Willi | Tax withheld | 329 | $101.69 |
| 2025-01-20 | Caspari Stefan | Tax withheld | 310 | $101.69 |
| 2025-01-20 | Crawford Seth Howard | Tax withheld | 298 | $101.69 |
| 2025-01-20 | Hansotia Eric P | Tax withheld | 2.9K | $101.69 |
| 2025-01-20 | Felli Luis Fernando Sartini | Tax withheld | 291 | $101.69 |
| 2025-01-20 | Bennett Kelvin Eugene | Tax withheld | 284 | $101.69 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
- Rabobank (Coöperatieve Rabobank U.A.)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-05 | 2026-05-05 | 0000880266-26-000054 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000880266-26-000057 ↗ |
| 8-K | 2026-04-24 | 2026-04-23 | 0000880266-26-000036 ↗ |
| 8-K | 2026-03-06 | 2026-03-03 | 0000880266-26-000014 ↗ |
| 8-K | 2026-03-05 | 2026-03-02 | 0000880266-26-000012 ↗ |
| 10-K | 2026-02-13 | 2025-12-31 | 0000880266-26-000010 ↗ |
| 8-K | 2026-02-05 | 2026-02-05 | 0000880266-26-000008 ↗ |
| 8-K | 2026-01-30 | 2026-01-28 | 0000880266-26-000006 ↗ |
| 8-K | 2025-10-31 | 2025-10-31 | 0000880266-25-000059 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0000880266-25-000061 ↗ |
| 8-K | 2025-09-30 | 2025-09-30 | 0000880266-25-000056 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0000880266-25-000044 ↗ |