AGCO vs Deere &
Deere & is the larger business, with $45.68bn of revenue in fiscal 2025 against $10.08bn for AGCO (4.5 times as much). Deere & grew faster (-11.7% against -13.5%). Deere & kept more of each dollar of sales as profit: a net margin of 11.0% against 7.2%.
| Latest fiscal year | AGCOAGCO, 2025 | Deere &DE, 2025 |
|---|---|---|
| Revenue | $10.08bn | $45.68bn |
| Revenue growth | -13.5% | -11.7% |
| Net income | $727m | $5.03bn |
| Operating margin | — | — |
| Net margin | 7.2% | 11.0% |
| Return on equity | 18.1% | 20.6% |
| Free cash flow | $740m | $6.10bn |
| Cash | $862m | $8.28bn |
| Total debt | $2.44bn | $13.80bn |
| Debt to equity | — | 53.2% |
| Dividend per share | $1.16 | $6.48 |
| Dividend yield | 1.1% | 1.0% |
| Share buybacks | $250m | $1.14bn |
| Employees | 22,000 | 73,100 |
| Market value | $7.71bn | $180.90bn |
| Price vs our value range | Above our value range | — |
| Moat score | 58 (Moderate) | 62 (Moderate) |
| Insider trades, 12 months | 1 buys, 10 sales | 0 buys, 27 sales |