AGCO Corporation (AGCO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -424,800 | 1,171,400 | 889,600 | 897,000 | 427,100 |
| Revenue | US$ in thousands | 11,061,600 | 14,407,800 | 25,289,800 | 22,269,900 | 18,284,400 |
| Net profit margin | -3.84% | 8.13% | 3.52% | 4.03% | 2.34% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-424,800K ÷ $11,061,600K
= -3.84%
AGCO Corporation's net profit margin has shown fluctuations over the past five years. In December 31, 2020, the net profit margin was 2.34%, which increased to 4.03% by December 31, 2021, indicating improved profitability. However, by December 31, 2022, the net profit margin slightly decreased to 3.52%. Subsequently, there was a notable increase to 8.13% by December 31, 2023, suggesting a significant improvement in profitability. However, there was a significant decline in profitability by December 31, 2024, with a negative net profit margin of -3.84%. This negative figure could be a cause for concern and warrants further investigation into the performance and financial health of AGCO Corporation during that period. Overall, the trend in net profit margin highlights both positive and negative fluctuations in profitability over the five-year period.
Peer comparison
Dec 31, 2024