AGCO vs Toro
AGCO reported revenue of $10.1 billion in fiscal 2025, 2.2 times Toro's $4.5 billion in fiscal 2025. AGCO's revenue fell 13.6% in its latest year, and Toro's fell 1.6%. AGCO had an operating margin of 5.9%, against 9.1% at Toro. Free cash flow was $740 million at AGCO and $578 million at Toro. Their fiscal years end in different months (December 31 and October 31), so the periods don't line up exactly.
Side by side
| AGCO | Toro | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Oct 31, 2025 |
| Revenue | $10.1B | $4.5B |
| Revenue growth | −13.6% | −1.6% |
| Revenue growth a year, last 5 years | 2.0% | 5.9% |
| Gross margin | 25.5% | 33.4% |
| Operating margin | 5.9% | 9.1% |
| Net margin | 7.2% | 7.0% |
| Free cash flow | $740M | $578M |
| Free cash flow margin | 7.3% | 12.8% |
| Return on capital | 10.4% | 15.9% |
| Net debt to EBITDA | 1.7x | 1.1x |
| Dividends and buybacks | $336M | $441M |
| Change in diluted share count | −0.3% | −4.4% |
| Last close | $104.21 | $105.46 |
| P/E at the last close | 14.4× | 28.1× |
| Insider trades, last 12 months | bought $100,710, sold $110.1 million | bought $14,402, sold $14.2 million |
| Piotroski F-score | 8 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AGCOToro
Operating margin
Percent of revenue
AGCOToro
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AGCOToro