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AGCO (XTER:AGJ) Tax Rate % : 41.61% (As of Sep. 2024)


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What is AGCO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AGCO's Tax Expense for the three months ended in Sep. 2024 was €11 Mil. AGCO's Pre-Tax Income for the three months ended in Sep. 2024 was €26 Mil. Therefore, AGCO's Tax Rate % for the quarter that ended in Sep. 2024 was 41.61%.

AGCO Tax Rate % Historical Data

The historical data trend for AGCO's Tax Rate % 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.

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AGCO Tax Rate % Chart

AGCO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.25 33.40 11.48 26.79 17.28

AGCO Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 22.55 -30.37 31.28 -12.35 41.61

AGCO Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

AGCO's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=211.277/1222.819
=17.28 %

AGCO's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=10.722/25.769
=41.61 %

* 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.

AGCO Tax Rate % Related Terms

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AGCO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AGCO Corp (XTER:AGJ) » Definitions » Tax Rate %
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Traded in Other Exchanges
AGCO:USA AGJ:Germany AGJ:Germany AGCO:Austria
Address
4205 River Green Parkway, Duluth, GA, USA, 30096
Website
https://www.agcocorp.com
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 about 3,100 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.

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