AGCO Corporation (AGCO)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,171,400 | 1,154,600 | 1,111,900 | 970,400 | 889,600 | 849,500 | 792,900 | 898,000 | 897,000 | 750,300 | 726,300 | 513,200 | 427,100 | 203,400 | 53,700 | 124,800 | 125,200 | 312,200 | 375,700 | 326,300 |
| Revenue (ttm) | US$ in thousands | 14,407,800 | 18,393,300 | 21,184,200 | 23,251,800 | 25,289,800 | 23,806,900 | 23,015,000 | 22,886,900 | 22,269,900 | 21,391,700 | 20,934,100 | 19,185,200 | 18,284,400 | 12,873,900 | 12,094,900 | 12,926,600 | 13,061,500 | 18,200,000 | 18,410,000 | 18,624,800 |
| Net profit margin | 8.13% | 6.28% | 5.25% | 4.17% | 3.52% | 3.57% | 3.45% | 3.92% | 4.03% | 3.51% | 3.47% | 2.67% | 2.34% | 1.58% | 0.44% | 0.97% | 0.96% | 1.72% | 2.04% | 1.75% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,171,400K ÷ $14,407,800K
= 8.13%
To analyze the net profit margin of AGCO Corp. based on the provided data, we observe a fluctuating trend over the past eight quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, ranged from 6.89% to 8.13% during this period.
In Q4 2023, AGCO Corp. recorded a net profit margin of 8.13%, showing a slight improvement compared to the previous quarter. This indicates that the company was able to generate higher profits relative to its revenue in the most recent quarter.
However, it is essential to note that there have been fluctuations in the net profit margin over the quarters, with Q2 2022 marking the lowest point at 6.89%. This suggests that there may have been challenges or factors impacting profitability during that period.
Overall, AGCO Corp.'s net profit margin has shown some variability over the past eight quarters, reflecting the company's ability to manage costs and generate profits relative to its revenue. Keeping a close eye on these fluctuations and identifying underlying causes can provide valuable insights into the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2023