AGCO Corporation (AGCO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -122,100 | 1,700,400 | 1,265,400 | 1,001,400 | 599,700 |
| Revenue | US$ in thousands | 11,061,600 | 14,407,800 | 25,289,800 | 22,269,900 | 18,284,400 |
| Operating profit margin | -1.10% | 11.80% | 5.00% | 4.50% | 3.28% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-122,100K ÷ $11,061,600K
= -1.10%
AGCO Corporation's operating profit margin has shown varying trends over the past five years. The margin increased from 3.28% as of December 31, 2020, to 4.50% as of December 31, 2021, indicating some improvement. This improvement continued into 2022, with the margin rising to 5.00%. However, a significant surge was observed by December 31, 2023, when the operating profit margin surged to 11.80%, reflecting a robust performance during that period.
Unfortunately, this positive trend was not sustained in the following year, as by December 31, 2024, AGCO Corporation's operating profit margin deteriorated to -1.10%. A negative operating profit margin can indicate that the company's operating expenses exceeded its gross profit, resulting in a loss from its core operations.
Overall, while the operating profit margin exhibited both positive and negative fluctuations over the years, it is essential for AGCO Corporation to closely monitor and manage its operating expenses to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024