AGCO vs Toro
AGCO is the larger business, with $10.08bn of revenue in fiscal 2025 against $4.51bn for Toro (2.2 times as much). Toro grew faster (-1.6% against -13.5%). AGCO kept more of each dollar of sales as profit: a net margin of 7.2% against 7.0%.
| Latest fiscal year | AGCOAGCO, 2025 | ToroTTC, 2025 |
|---|---|---|
| Revenue | $10.08bn | $4.51bn |
| Revenue growth | -13.5% | -1.6% |
| Net income | $727m | $316m |
| Operating margin | — | 9.1% |
| Net margin | 7.2% | 7.0% |
| Return on equity | 18.1% | 21.0% |
| Free cash flow | $740m | $578m |
| Cash | $862m | $341m |
| Total debt | $2.44bn | $922m |
| Debt to equity | — | 63.4% |
| Dividend per share | $1.16 | $1.52 |
| Dividend yield | 1.1% | 1.5% |
| Share buybacks | $250m | $290m |
| Employees | 22,000 | 9,791 |
| Market value | $7.82bn | $10.30bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 58 (Moderate) | 78 (Strong) |
| Insider trades, 12 months | 1 buys, 10 sales | 1 buys, 13 sales |