AGCO Corporation (AGCO)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 11,190,600 | 13,506,800 | 13,614,800 | 13,459,900 | 11,421,200 | 11,351,100 | 11,394,000 | 10,811,600 | 10,103,700 | 9,818,100 | 9,888,900 | 9,876,500 | 9,182,100 | 8,941,900 | 8,863,300 | 8,312,300 | 8,504,200 | 7,940,300 | 7,778,000 | 7,705,700 |
| Operating ROA | -1.09% | 4.00% | 6.23% | 11.79% | 14.89% | 15.62% | 14.76% | 13.40% | 12.52% | 10.83% | 9.94% | 10.23% | 10.91% | 10.24% | 10.01% | 8.36% | 7.05% | 4.68% | 3.26% | 4.62% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-122,100K ÷ $11,190,600K
= -1.09%
AGCO Corporation's operating return on assets (operating ROA) has shown fluctuations over the reporting periods provided. The metric started at 4.62% on March 31, 2020, saw a slight decrease to 3.26% on June 30, 2020, and then demonstrated an upward trend, reaching 7.05% by December 31, 2020. Subsequently, there was a significant improvement in operating ROA, with values exceeding 10% from March 31, 2021, to December 31, 2022, peaking at 15.62% on September 30, 2023.
However, there was a noticeable decline in operating ROA starting from March 31, 2024, where it dropped to 11.79% and further decreased to 6.23% by June 30, 2024. The metric continued to decline, reaching 4.00% on September 30, 2024, and turned negative at -1.09% by December 31, 2024. This negative value indicates that the company's operating income was insufficient to cover its assets, posing a potential concern.
Overall, AGCO Corporation's operating ROA has displayed both positive and negative trends across the reporting periods, emphasizing the importance of closely monitoring and analyzing the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024