AGCO Corporation (AGCO)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -122,100 | 539,800 | 848,600 | 1,586,700 | 1,700,400 | 1,773,100 | 1,681,600 | 1,448,700 | 1,265,400 | 1,063,600 | 983,400 | 1,010,200 | 1,001,400 | 915,400 | 887,500 | 694,500 | 599,700 | 371,900 | 253,800 | 356,100 |
| Revenue (ttm) | US$ in thousands | 11,059,700 | 12,580,600 | 13,431,300 | 14,001,600 | 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 |
| Operating profit margin | -1.10% | 4.29% | 6.32% | 11.33% | 11.80% | 9.64% | 7.94% | 6.23% | 5.00% | 4.47% | 4.27% | 4.41% | 4.50% | 4.28% | 4.24% | 3.62% | 3.28% | 2.89% | 2.10% | 2.75% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-122,100K ÷ $11,059,700K
= -1.10%
AGCO Corporation's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 2.75% in March 2020, slightly declined to 2.10% by June 2020, and then gradually increased to reach 4.50% by December 2021.
In the subsequent quarters, the operating profit margin continued to show improvement, peaking at 11.80% in December 2023. However, there was a notable decrease in the operating profit margin to 6.32% by June 2024 and a further decline to 4.29% by September 2024. The operating profit margin turned negative at -1.10% in December 2024, indicating a loss at the operating level for that period.
Overall, AGCO Corporation's operating profit margin demonstrated both growth and volatility during the period under review, reflecting fluctuations in the company's operating efficiency and profitability. It would be essential for stakeholders to analyze the underlying reasons for these fluctuations and monitor future performance closely.
Peer comparison
Dec 31, 2024