AGCO Historical Income Statement
AGCO Stock | USD 110.63 1.51 1.35% |
Historical analysis of AGCO income statement accounts such as Interest Expense of 4.4 M, Selling General Administrative of 719.6 M or Total Revenue of 15.1 B can show how well AGCO Corporation performed in making a profits. Evaluating AGCO income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AGCO's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AGCO latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AGCO is a good buy for the upcoming year.
AGCO |
About AGCO Income Statement Analysis
AGCO Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AGCO shareholders. The income statement also shows AGCO investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AGCO Income Statement Chart
AGCO Corporation Income Statement is one of the three primary financial statements used for reporting AGCO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AGCO revenue and expense. AGCO Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AGCO's Net Income is very stable compared to the past year. As of the 2nd of May 2024, Income Tax Expense is likely to grow to about 241.9 M, while Depreciation And Amortization is likely to drop about 166.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts AGCO generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of AGCO Corporation minus its cost of goods sold. It is profit before AGCO operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AGCO. It is also known as AGCO overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from AGCO's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AGCO current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGCO Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, AGCO's Net Income is very stable compared to the past year. As of the 2nd of May 2024, Income Tax Expense is likely to grow to about 241.9 M, while Depreciation And Amortization is likely to drop about 166.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 3.0B | 3.8B | 4.0B | Total Revenue | 11.1B | 12.7B | 14.4B | 15.1B |
AGCO income statement Correlations
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AGCO Account Relationship Matchups
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AGCO income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 272M | 303.5M | 247.2M | 169.8M | 288.1M | 166.9M | |
Interest Expense | 19.9M | 15M | 6.7M | 13M | 4.6M | 4.4M | |
Selling General Administrative | 1.0B | 1.0B | 1.1B | 1.2B | 1.4B | 719.6M | |
Total Revenue | 9.0B | 9.1B | 11.1B | 12.7B | 14.4B | 15.1B | |
Gross Profit | 2.0B | 2.1B | 2.6B | 3.0B | 3.8B | 4.0B | |
Other Operating Expenses | 8.5B | 8.5B | 10.1B | 11.3B | 12.1B | 6.4B | |
Operating Income | 472.4M | 599.7M | 1.0B | 1.3B | 1.7B | 1.8B | |
Ebit | 472.4M | 599.7M | 1.0B | 1.3B | 1.7B | 1.8B | |
Ebitda | 744.4M | 903.2M | 1.2B | 1.4B | 1.7B | 1.8B | |
Cost Of Revenue | 7.1B | 7.1B | 8.6B | 9.7B | 10.6B | 5.4B | |
Total Operating Expenses | 1.4B | 1.4B | 1.6B | 1.7B | 1.5B | 931.2M | |
Income Before Tax | 261.1M | 562M | 944.3M | 1.1B | 1.3B | 1.4B | |
Total Other Income Expense Net | (211.3M) | (37.7M) | (57.1M) | (158.2M) | (366.9M) | (348.6M) | |
Net Income | 80.3M | 427.1M | 897M | 889.6M | 1.2B | 1.2B | |
Research Development | 343.4M | 342.6M | 405.8M | 444.2M | 530.1M | 272.4M | |
Net Income Applicable To Common Shares | 125.2M | 427.1M | 897M | 889.6M | 1.0B | 1.1B | |
Net Income From Continuing Ops | 80.3M | 374.3M | 901.5M | 874.7M | 1.2B | 1.2B | |
Non Recurring | 191.4M | 54.2M | 15.8M | 45.4M | 52.2M | 40.6M | |
Non Operating Income Net Other | (24.6M) | 22.8M | 15.2M | (81.1M) | (73.0M) | (69.3M) | |
Tax Provision | 180.8M | 187.7M | 108.4M | 296.6M | 397.2M | 417.1M | |
Interest Income | 8.9M | 9.9M | 18.7M | 33M | 64.2M | 67.4M | |
Net Interest Income | (19.9M) | (15M) | (6.7M) | (13M) | (16.2M) | (17.0M) |
AGCO Investors Sentiment
The influence of AGCO's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AGCO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AGCO's public news can be used to forecast risks associated with an investment in AGCO. The trend in average sentiment can be used to explain how an investor holding AGCO can time the market purely based on public headlines and social activities around AGCO Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AGCO's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AGCO's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AGCO's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AGCO.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AGCO in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AGCO's short interest history, or implied volatility extrapolated from AGCO options trading.
Pair Trading with AGCO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AGCO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AGCO will appreciate offsetting losses from the drop in the long position's value.Moving together with AGCO Stock
0.89 | DE | Deere Company Financial Report 17th of May 2024 | PairCorr |
Moving against AGCO Stock
0.5 | KUBTY | Kubota Corp ADR Earnings Call Next Week | PairCorr |
0.45 | IDEX | Ideanomics | PairCorr |
The ability to find closely correlated positions to AGCO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGCO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AGCO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AGCO Corporation to buy it.
The correlation of AGCO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AGCO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGCO moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AGCO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGCO Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the AGCO information on this page should be used as a complementary analysis to other AGCO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for AGCO Stock analysis
When running AGCO's price analysis, check to measure AGCO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AGCO is operating at the current time. Most of AGCO's value examination focuses on studying past and present price action to predict the probability of AGCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGCO's price. Additionally, you may evaluate how the addition of AGCO to your portfolios can decrease your overall portfolio volatility.
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Is AGCO's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AGCO. If investors know AGCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AGCO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.055 | Dividend Share 1.11 | Earnings Share 15.63 | Revenue Per Share 192.679 | Quarterly Revenue Growth (0.03) |
The market value of AGCO is measured differently than its book value, which is the value of AGCO that is recorded on the company's balance sheet. Investors also form their own opinion of AGCO's value that differs from its market value or its book value, called intrinsic value, which is AGCO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AGCO's market value can be influenced by many factors that don't directly affect AGCO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AGCO's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGCO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGCO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.