AGCO vs CNH vs DE Stock Comparison

Agco, CNH Industrial and Deere Prices as of Oct 23, 2026 Peers: Industry group
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AGCO Agco Corp /De
$106.08 -12.8% 1M -3.6% 1Y
Market cap
$7.42B
P/E
13.9x
Revenue (TTM)
$10.35B
Div. yield
0.01%
Agricultural Machinery Industrials
6 wins
CNH CNH Industrial N.V.
$11.49 -16.5% 1M +6.5% 1Y
Market cap
$13.92B
P/E
44.8x
Revenue (TTM)
$18.19B
Div. yield
–
Agricultural Machinery Industrials
DE Deere & Co
$646.01 -9.0% 1M +37.6% 1Y
Market cap
$172.86B
P/E
35.5x
Revenue (TTM)
$47.98B
Div. yield
0.01%
Agricultural Machinery Industrials
6 wins

Head to Head

12 decided of 12

Deere leads on 6 of the 12 questions below (Deere 6, Agco 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGCOCNHDELeader
Larger companyMarket capitalisation $7.42B $13.92B $172.86B DE
Cheaper on earningsLower P/E, profitable companies only 13.9x 44.8x 35.5x AGCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.9x 26.1x 36.6x AGCO
Faster revenue growthRevenue growth, trailing twelve months +1.7% +0.6% +8.0% DE
More profitableNet margin, trailing twelve months 5.2% 1.7% 10.2% DE
Better return on capitalReturn on invested capital 6.5% 5.1% 5.5% AGCO
Less leveragedLower net debt / EBITDA 2.3x 8.3x 5.7x AGCO
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% AGCO
Better 1-year returnPrice return, last 12 months -3.6% +6.5% +37.6% DE
Better 5-year returnAnnualised price return, 5 years -4.1%/yr -5.4%/yr +13.7%/yr DE
Less volatileAnnualised volatility, 1 year 36.3% 42.9% 32.6% DE
Higher overall scoreMean of the five percentile scores vs peers 40/100 34/100 30/100 AGCO

Percentile Scorecard

AGCOCNHDE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAGCOCNHDE
Valuation 87 #27 of 203 78 #45 of 203 18 #167 of 203
Growth 28 #136 of 188 16 #158 of 188 20 #150 of 188
Profitability 44 #105 of 187 41 #111 of 187 67 #63 of 187
Financial Health 17 #185 of 222 5 #210 of 222 7 #206 of 222
Shareholder Returns 24 #117 of 153 28 #111 of 153 37 #97 of 153
Overall 40 34 30
  • AGCO ranked among 222 companies in Machinery
  • CNH ranked among 222 companies in Machinery
  • DE ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAGCOCNHDESPY
1 month -12.8%-16.5%-9.0% -1.0%
3 months -12.5%+3.0%+2.8% +2.9%
6 months -8.7%+12.1%+14.8% +6.4%
Year to date +1.7%+24.6%+38.8% +11.4%
1 year -3.6%+6.5%+37.6% +13.1%
3 years -5.5%+3.4%+72.9% +79.4%
3 years, per year -1.9%+1.1%+20.0% +21.5%
5 years -18.8%-24.3%+89.6% +67.7%
5 years, per year -4.1%-5.4%+13.7% +10.9%
10 years +106.7%+72.5%+647.4% +255.2%
10 years, per year +7.5%+5.6%+22.3% +13.5%

Risk

MeasureAGCOCNHDESPY
Volatility, 1Y 36.3%42.9%32.6% 12.7%
Downside volatility, 1Y 35.7%39.3%29.2% 12.7%
Beta vs S&P 500, 1Y 0.861.110.46 1.00
Return / volatility, 1Y -0.100.151.15 1.03
Max drawdown, 5Y -49.0%-48.5%-34.1% -25.4%
From 52-week high -24.5%-20.2%-9.0% -2.5%
52-week high $140.49$14.40$709.58 $779.14
52-week low $98.45$9.22$461.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAGCOCNHDE
P/E now vs peer median 14.1xmedian 25.9x 45.7xmedian 25.9x 35.8xmedian 25.9x
P/S now vs peer median 0.7xmedian 1.9x 0.8xmedian 1.9x 3.6xmedian 1.9x
EV/EBITDA now vs peer median 10.2xmedian 13.7x 13.1xmedian 13.7x 26.0xmedian 13.7x
P/FCF now vs peer median 22.5xmedian 21.1x 10.6xmedian 21.1x 53.9xmedian 21.1x
P/B now vs peer median 1.8xmedian 2.3x 1.8xmedian 2.3x 6.2xmedian 2.3x
PEG now vs peer median -0.69median 1.19 -0.96median 1.19 -1.84median 1.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAGCOCNHDE
Revenue $10.35B $18.19B $47.98B
Gross profit $2.61B $5.56B $45.38B
Operating income $603.70M $2.46B $6.22B
Net income $533.40M $317.00M $4.86B
Free cash flow $330.30M $1.34B $3.23B
R&D – $1.09B $2.38B
EPS (diluted) $7.49 $0.25 $18.00
Cash & equivalents $573.40M $1.87B $8.93B
Total debt $2.73B $25.97B $229.17B
Shares (diluted) 71.20M 1.24B 270.70M
Enterprise value $4.59B $5.57B $140.95B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAGCOCNHDE
P/E 14.1x 45.7x 35.8x
P/FCF 22.5x 10.6x 53.9x
P/Operating cash flow 12.6x 8.0x 24.0x
P/S 0.7x 0.8x 3.6x
P/B 1.8x 1.8x 6.2x
P/Tangible book 2.2x 2.1x 6.4x
EV/EBITDA 10.2x 13.1x 26.0x
EV/EBIT 15.9x 15.6x 35.9x
EV/Revenue 0.9x 2.1x 4.6x
EV/FCF 29.0x 28.5x 69.1x
EV/Operating cash flow 16.2x 21.5x 30.8x
PEG (3Y EPS CAGR) -0.69 -0.96 -1.84

Growth

14 metrics
MetricAGCOCNHDE
Revenue growth (1Y) 1.7% 0.6% 8.0%
Revenue CAGR (3Y) -10.0% -9.7% -7.9%
Gross profit growth (1Y) 5.8% -5.1% -5.6%
Gross profit CAGR (3Y) -9.6% -9.6% -7.8%
Operating income growth (1Y) 916.3% -24.2% 1.6%
Operating income CAGR (3Y) -28.9% -19.2% -21.6%
Net income growth (1Y) 1,179% -62.0% -6.2%
Net income CAGR (3Y) -21.7% -48.7% -21.5%
EPS growth (1Y) 461.1% -61.8% -6.2%
EPS CAGR (3Y) -20.3% -47.4% -19.4%
Operating cash flow growth (1Y) -39.7% -47.8% -15.3%
Operating cash flow CAGR (3Y) -17.2% 26.8% 0.3%
Free cash flow growth (1Y) -51.9% -53.5% -21.3%
Free cash flow CAGR (3Y) -15.8% 59.9% 4.3%

Profitability

14 metrics
MetricAGCOCNHDE
Gross margin 25.3% 30.6% 94.6%
EBITDA margin 9.1% 16.0% 17.9%
Operating margin 5.8% 13.5% 13.0%
Pretax margin 6.3% 2.0% 13.4%
Net margin 5.2% 1.7% 10.2%
FCF margin 3.2% 7.4% 6.7%
Operating cash flow margin 5.7% 9.8% 15.1%
Return on equity 12.5% 3.9% 17.6%
Return on assets 4.4% 0.7% 4.5%
Return on invested capital 6.5% 5.1% 5.5%
Return on capital employed 7.6% – –
Asset turnover 0.9x 0.4x 0.4x
Cash conversion (OCF / net income) 1.1x 5.6x 1.5x
Stock comp / revenue 0.4% – 0.3%

Financial Health

11 metrics
MetricAGCOCNHDE
Debt / assets 23.0% 61.6% 53.7%
Debt / equity 0.7x 3.3x 2.1x
Net debt / EBITDA 2.3x 8.3x 5.7x
Debt / FCF 8.3x 19.3x 17.9x
Liabilities / assets 65.6% 81.5% 74.0%
Equity / assets 34.4% 18.5% 26.0%
Interest coverage – 1.6x 2.3x
Current ratio 1.3x – –
Quick ratio 0.4x – –
Cash ratio 0.1x – –
Altman Z-score 2.43 – –

Shareholder Returns

7 metrics
MetricAGCOCNHDE
Dividend yield 1.1% 0.9% 1.0%
Net buyback yield – – 0.4%
Shareholder yield 1.1% 0.9% 1.4%
Payout ratio (earnings) 16.0% – 36.1%
Payout ratio (FCF) 25.8% – 54.3%
Dividend growth (1Y) -1.5% – 4.1%
Dividend CAGR (3Y) -42.6% – 7.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAGCOCNHDE
Forward P/E 17.9xFY2026 26.1xFY2026 36.6xFY2026
EPS, next fiscal year $5.94FY2026 $0.44FY2026 $17.63FY2026
EPS growth, next FY +12.5%FY2026 -20.0%FY2026 -4.7%FY2026
EPS growth, the year after +31.3% +50.0% +25.4%
Revenue, next fiscal year $9.52BFY2026 $17.16BFY2026 $39.72BFY2026
Revenue growth, next FY -5.6%FY2026 -5.1%FY2026 +2.0%FY2026
Revenue growth, the year after +18.8% +16.7% +17.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGCOCNHDE
Held by institutions 93.5% 72.7% 75.0%
Institutions holding 512 521 2,655
Change in shares held, QoQ +4.2% +5.8% +4.5%
Institutions buying 270 267 1,244
Institutions selling 163 199 888
Buyers to sellers 1.66 1.34 1.40

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AGCOCNHDE
AGCO 1.00 0.78 0.72
CNH 0.78 1.00 0.73
DE 0.72 0.73 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AGCO, CNH and DE?

Deere (DE) is the largest by market capitalisation: Agco (AGCO) $7.42B, CNH Industrial (CNH) $13.92B, Deere (DE) $172.86B.

Which stock is cheaper, AGCO, CNH and DE?

Agco (AGCO) trades on the lowest price-to-earnings ratio (Agco (AGCO) 13.9x, CNH Industrial (CNH) 44.8x, Deere (DE) 35.5x). On next year's consensus earnings, Agco (AGCO) is cheapest (Agco (AGCO) 17.9x, CNH Industrial (CNH) 26.1x, Deere (DE) 36.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Deere (DE) grew revenue fastest over the trailing twelve months: Agco (AGCO) +1.7%, CNH Industrial (CNH) +0.6%, Deere (DE) +8.0%.

Which company is more profitable?

Deere (DE) has the highest net margin (Agco (AGCO) 5.2%, CNH Industrial (CNH) 1.7%, Deere (DE) 10.2%). On return on invested capital, Agco (AGCO) leads (Agco (AGCO) 6.5%, CNH Industrial (CNH) 5.1%, Deere (DE) 5.5%).

Which stock has performed better?

Over the past year Deere (DE) returned the most: Agco (AGCO) -3.6%, CNH Industrial (CNH) +6.5%, Deere (DE) +37.6%. Over five years, Deere (DE) compounded fastest (Agco (AGCO) -4.1%/yr, CNH Industrial (CNH) -5.4%/yr, Deere (DE) +13.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Agco (AGCO) has the highest dividend yield: Agco (AGCO) 0.01%, CNH Industrial (CNH) 0.00%, Deere (DE) 0.01%. CNH Industrial (CNH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Deere (DE) has been the steadiest (Agco (AGCO) 36.3%, CNH Industrial (CNH) 42.9%, Deere (DE) 32.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AGCO, CNH and DE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Deere (DE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.