Using the latest TTM figures, AGCO shows a gross margin of 25%, an operating margin of 4.3%, an EBITDA margin of 8.1%, and a net margin of 2.8%. Margin expansion was strongest in operating margin, which increased by 2.4 percentage points. Net margin had the strongest contraction, declining by 0.9 percentage points.
Over the last 3 years, AGCO recorded average margins of 25.34% gross, 4.82% operating, 6.9% EBITDA, and 3.23% net. AGCO's current performance shows that EBITDA margin is above its three-year average and gross, operating, and net margins are below their three-year averages.
Compared with last year, operating margin expanded by 2.4 percentage points and EBITDA margin by 2.1 percentage points, while net margin contracted by 0.9 percentage points.
Reviewing the last 3 years, AGCO recorded an average gross margin of 25.34%. AGCO's current gross margin is 25% and is 0.3 percentage points below its three-year average. The highest gross margin for AGCO was 26.4% in Mar 2024, while the lowest was 24.3% in Jun 2025.
In the last 3 years, AGCO had an average operating margin of 4.82%. Against its three-year average, AGCO's operating margin is currently 4.3%, 0.5 percentage points below its three-year average. Looking back over the last 3 years, AGCO's operating margin reached 9.3% at its highest point in Dec 2023 and -1% at its lowest in Jun 2025.
AGCO recorded an average EBITDA margin of 6.9% across the last 3 years. As of the latest period, AGCO's current EBITDA margin is 8.1%, which is 1.2 percentage points above its three-year average. During this period, EBITDA margin reached a high of 11.8% in Dec 2023 and a low of -1% in Mar 2025.
AGCO's net margin averaged 3.23% across the past 3 years. Compared with its three-year average, AGCO's current net margin is 2.8% and is 0.4 percentage points below its three-year average. Over the last 3 years, AGCO's net margin peaked at 8.1% in Dec 2023 and reached a low of -5.4% in Mar 2025.
With a gross margin of 25%, AGCO stands higher than the industry average but lower than the Industrials sector and its peers average. Looking at the Industrials sector average of 32.5%, AGCO's gross margin is 23% lower.
As of Sep 30, 2026, AGCO has a gross margin of 25%.
The current operating margin for AGCO is 4.3% as of Sep 30, 2026.
As of Sep 30, 2026, AGCO has an EBITDA margin of 8.1%.
For the period ending Sep 30, 2026, AGCO recorded a net margin of 2.8%.
Over the last 3 years, AGCO's margins averaged 25.3% gross, 4.8% operating, 6.9% EBITDA, and 3.2% net.
In the last 5 years, the highest margins reported by AGCO were 26.4% gross in Mar 2024, 10.3% operating in Sep 2023, 12.7% EBITDA in Sep 2023, and 8.1% net in Dec 2023.
Over the last 5 years, AGCO's lowest margins were 22.9% gross in Jun 2022, -1% operating in Jun 2025, -1% EBITDA in Mar 2025, and -5.4% net in Mar 2025.