AGCO Corporation (AGCO) Margin Analysis

AGCO Corporation

AGCO (NYSE)

(%)

Models
AGCO Corporation Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	10,082	10,082	11,662	14,412	12,651
Revenue Growth Rate	0%	-13.55%	-19.08%	13.92%	13.58%
Cost of Revenue	7,576	7,586	8,817	10,675	9,696
Gross Profit	2,506	2,496	2,845	3,738	2,955
Gross Margin	24.86%	24.75%	24.39%	25.93%	23.36%
Operating Income	691.8	698.7	977.2	1,734	1,322
Operating Margin	6.86%	6.93%	8.38%	12.03%	10.45%
Net Income	726.5	726.5	-424.8	1,171	889.6
Net Margin	7.21%	7.21%	-3.64%	8.13%	7.03%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	10,082	10,082	11,662	14,412	12,651
Cash from Operating Activities	988.1	988.1	689.9	1,103	838.2
Cash from Operating Activities Margin	9.8%	9.8%	5.92%	7.65%	6.62%
Free Cash Flow	740.2	740.2	296.6	585	449.9
Free Cash Flow Margin	7.34%	7.34%	2.54%	4.06%	3.56%
Depreciation and Amortization	241.3	327.6	332.2	288.1	269.6
Depreciation and Amortization Margin	2.39%	3.25%	2.85%	2%	2.13%
Capital Expenditure	-247.9	-247.9	-393.3	-518.1	-388.3
Capital Expenditure Margin	-2.46%	-2.46%	-3.37%	-3.6%	-3.07%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 23.36}, {"l": "2023", "x": "2023-12-31", "y": 25.93}, {"l": "2024", "x": "2024-12-31", "y": 24.39}, {"l": "2025", "x": "2025-12-31", "y": 24.75}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 10.45}, {"l": "2023", "x": "2023-12-31", "y": 12.03}, {"l": "2024", "x": "2024-12-31", "y": 8.38}, {"l": "2025", "x": "2025-12-31", "y": 6.93}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 7.03}, {"l": "2023", "x": "2023-12-31", "y": 8.13}, {"l": "2024", "x": "2024-12-31", "y": -3.64}, {"l": "2025", "x": "2025-12-31", "y": 7.21}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 3.56}, {"l": "2023", "x": "2023-12-31", "y": 4.06}, {"l": "2024", "x": "2024-12-31", "y": 2.54}, {"l": "2025", "x": "2025-12-31", "y": 7.34}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	2,920	2,476	2,635	2,050	2,887	2,599
Revenue Growth Rate	17.93%	-6.02%	28.51%	-28.98%	11.08%
Cost of Revenue	2,179	1,856	1,994	1,548	2,200	2,001
Gross Profit	741.1	620.3	641.5	503	687.8	598.5
Gross Margin	25.38%	25.05%	24.35%	24.53%	23.82%	23.03%
Operating Income	276.8	156.5	197.3	61.2	261.6	132.9
Operating Margin	9.48%	6.32%	7.49%	2.99%	9.06%	5.11%
Net Income	95.5	305.7	314.8	10.5	-255.7	30
Net Margin	3.27%	12.35%	11.95%	0.512%	-8.86%	1.15%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	2,920	2,476	2,635	2,050	2,887	2,599
Cash from Operating Activities	763.6	71	365.7	-212.2	797.9	26.5
Cash from Operating Activities Margin	26.15%	2.87%	13.88%	-10.35%	27.63%	1.02%
Free Cash Flow	675	2.1	323.5	-260.4	683.9	-59.8
Free Cash Flow Margin	23.11%	0.085%	12.28%	-12.7%	23.69%	-2.3%
Depreciation and Amortization	0	85.7	79.8	75.8	88.4	69.7
Depreciation and Amortization Margin	0%	3.46%	3.03%	3.7%	3.06%	2.68%
Capital Expenditure	-88.6	-68.9	-42.2	-48.2	-114	-86.3
Capital Expenditure Margin	-3.03%	-2.78%	-1.6%	-2.35%	-3.95%	-3.32%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 23.03}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 23.82}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 24.53}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 24.35}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 25.05}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 25.38}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 5.11}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 9.06}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 2.98}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 7.49}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 6.32}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 9.48}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 1.15}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": -8.86}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 0.512}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 11.95}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 12.35}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 3.27}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": -2.3}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 23.69}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": -12.7}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 12.28}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 0.085}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 23.11}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}