GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AGCO Corp (NYSE:AGCO) » Definitions » 1-Year ROIIC %

AGCO (AGCO) 1-Year ROIIC % : 29.34% (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is AGCO 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. AGCO's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 29.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for AGCO's 1-Year ROIIC % or its related term are showing as below:

AGCO's 1-Year ROIIC % is ranked better than
67.55% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.475 vs AGCO: 29.34

AGCO 1-Year ROIIC % Historical Data

The historical data trend for AGCO's 1-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AGCO 1-Year ROIIC % Chart

AGCO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.79 253.62 91.76 8.81 29.34

AGCO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.81 21.83 45.47 59.31 29.34

Competitive Comparison of AGCO's 1-Year ROIIC %

For the Farm & Heavy Construction Machinery subindustry, AGCO's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AGCO's 1-Year ROIIC % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AGCO's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where AGCO's 1-Year ROIIC % falls into.



AGCO 1-Year ROIIC % Calculation

AGCO's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 1419.80608 (Dec. 2023) - 957.22075 (Dec. 2022) )/( 8803.4 (Dec. 2023) - 7226.6 (Dec. 2022) )
=462.58533/1576.8
=29.34%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


AGCO  (NYSE:AGCO) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


AGCO 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of AGCO's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


AGCO (AGCO) Business Description

Traded in Other Exchanges
Address
4205 River Green Parkway, Duluth, GA, USA, 30096
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
Executives
Dehner Torsten Rudolf Willi officer: SVP Gen Mgr Europe Middle East AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Robert B Crain officer: Sr VP Gen. Mgr. North America AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096-2584
Felli Luis Fernando Sartini officer: SVP Gen Manager South America AGCO AMERICA DO SUL, RUA JAMES JOULE, 92 - CONJ 161 BROOKLIN, SAO PAULO D5 04576-080
Lara Thrush Long officer: VP, Chief Accounting Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
George E Minnich director 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
Timothy Millwood officer: SVP Chief Supply Chain Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Andrew H Beck officer: Sr. VP and CFO
Damon J Audia officer: SVP, Chief Financial Officer 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Niels Porksen director 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Hans Bernd Veltmaat officer: Sr VP Manufacturing & Quality AGCO GMBH, VICTOR VON BRUNS STRASSE 17, CH 8212 NEUHAUSEN V8 CH 8212
Gary L Collar officer: SVP, General Manager, EAME 11975 S MAGNOLIA CIRCLE, ALPHARETTA GA 30005
Kelvin Eugene Bennett officer: SVP, Engineering AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Ivory Marie Harris officer: SVP Chief HR Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Wolfgang Deml director