AGCO Corporation (AGCO)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -326,400 | 216,400 | 530,400 | 1,286,100 | 1,401,800 | 1,551,800 | 1,508,000 | 1,327,000 | 1,186,200 | 1,042,400 | 981,700 | 1,023,000 | 1,005,400 | 941,500 | 904,600 | 715,100 | 614,800 | 346,300 | 222,600 | 315,600 |
| 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 |
| Pretax margin | -2.95% | 1.72% | 3.95% | 9.19% | 9.73% | 8.44% | 7.12% | 5.71% | 4.69% | 4.38% | 4.27% | 4.47% | 4.51% | 4.40% | 4.32% | 3.73% | 3.36% | 2.69% | 1.84% | 2.44% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-326,400K ÷ $11,059,700K
= -2.95%
AGCO Corporation's pretax margin has shown fluctuations over the reporting periods provided. The trend indicates an overall improvement from March 31, 2020, to December 31, 2023, with an increase from 2.44% to 9.73%. However, a significant decline was observed in the June 30, 2024, and September 30, 2024, quarters, where the pretax margin dropped to 3.95% and 1.72%, respectively. The December 31, 2024, quarter recorded a negative pretax margin of -2.95%, indicating a loss. This negative trend may raise concerns about the company's profitability and financial health. Further analysis of the reasons behind these fluctuations is necessary to understand the drivers impacting AGCO Corporation's pretax margin in the respective periods.
Peer comparison
Dec 31, 2024