AGCO vs DE vs CNH Stock Comparison

Agco, Deere and CNH Industrial Prices as of Nov 3, 2026 Peers: Industry group
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AGCO Agco Corp /De
$111.19 -3.0% 1M +5.6% 1Y
Market cap
$7.78B
P/E
27.8x
Revenue (TTM)
$10.14B
Div. yield
0.01%
Agricultural Machinery Industrials
5 wins
DE Deere & Co
$666.09 -3.1% 1M +44.2% 1Y
Market cap
$182.27B
P/E
37.4x
Revenue (TTM)
$47.98B
Div. yield
0.01%
Agricultural Machinery Industrials
7 wins
CNH CNH Industrial N.V.
$11.74 -12.8% 1M +12.8% 1Y
Market cap
$14.43B
P/E
46.4x
Revenue (TTM)
$18.19B
Div. yield
–
Agricultural Machinery Industrials

Head to Head

12 decided of 12

Deere leads on 7 of the 12 questions below (Deere 7, Agco 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAGCODECNHLeader
Larger companyMarket capitalisation $7.78B $182.27B $14.43B DE
Cheaper on earningsLower P/E, profitable companies only 27.8x 37.4x 46.4x AGCO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.8x 37.8x 26.7x AGCO
Faster revenue growthRevenue growth, trailing twelve months +0.9% +8.0% +0.6% DE
More profitableNet margin, trailing twelve months 2.8% 10.2% 1.7% DE
Better return on capitalReturn on invested capital 5.1% 5.5% 5.1% DE
Less leveragedLower net debt / EBITDA 2.5x 5.7x 8.3x AGCO
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.00% AGCO
Better 1-year returnPrice return, last 12 months +5.6% +44.2% +12.8% DE
Better 5-year returnAnnualised price return, 5 years -1.9%/yr +13.7%/yr -5.4%/yr DE
Less volatileAnnualised volatility, 1 year 36.8% 32.6% 43.1% DE
Higher overall scoreMean of the five percentile scores vs peers 38/100 30/100 34/100 AGCO

Percentile Scorecard

AGCODECNH

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

AxisAGCODECNH
Valuation 79 #43 of 204 19 #166 of 204 78 #45 of 204
Growth 14 #165 of 191 21 #152 of 191 15 #162 of 191
Profitability 42 #110 of 189 66 #65 of 189 40 #113 of 189
Financial Health 18 #182 of 221 7 #205 of 221 6 #209 of 221
Shareholder Returns 35 #103 of 158 36 #101 of 158 29 #113 of 158
Overall 38 30 34
  • AGCO ranked among 223 companies in Machinery
  • DE ranked among 223 companies in Machinery
  • CNH ranked among 223 companies in Machinery

Price Performance

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

Returns

PeriodAGCODECNHSPY
1 month -3.0%-3.1%-12.8% -2.0%
3 months +3.7%+7.9%+4.5% -2.2%
6 months -2.9%+15.7%+13.8% +4.2%
Year to date +6.6%+43.1%+27.3% +10.6%
1 year +5.6%+44.2%+12.8% +10.4%
3 years -7.2%+74.3%+1.4% +73.6%
3 years, per year -2.5%+20.4%+0.5% +20.2%
5 years -9.0%+89.9%-24.3% +61.6%
5 years, per year -1.9%+13.7%-5.4% +10.1%
10 years +125.6%+654.3%+86.9% +261.3%
10 years, per year +8.5%+22.4%+6.5% +13.7%

Risk

MeasureAGCODECNHSPY
Volatility, 1Y 36.8%32.6%43.1% 12.8%
Downside volatility, 1Y 35.6%28.9%39.3% 12.8%
Beta vs S&P 500, 1Y 0.780.411.01 1.00
Return / volatility, 1Y 0.151.350.30 0.81
Max drawdown, 5Y -49.0%-34.1%-48.5% -25.4%
From 52-week high -20.9%-6.1%-18.5% -3.2%
52-week high $140.49$709.58$14.40 $779.14
52-week low $98.45$461.94$9.22 $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.

MultipleAGCODECNH
P/E now vs peer median 27.6xmedian 25.4x 36.9xmedian 25.4x 46.7xmedian 25.4x
P/S now vs peer median 0.8xmedian 1.9x 3.7xmedian 1.9x 0.8xmedian 1.9x
EV/EBITDA now vs peer median 11.0xmedian 14.5x 26.7xmedian 14.5x 13.3xmedian 14.5x
P/FCF now vs peer median 26.0xmedian 23.6x 55.6xmedian 23.6x 10.8xmedian 23.6x
P/B now vs peer median 1.9xmedian 2.2x 6.4xmedian 2.2x 1.9xmedian 2.2x
PEG now vs peer median -0.77median 1.21 -1.90median 1.21 -0.99median 1.21

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 monthsAGCODECNH
Revenue $10.14B $47.98B $18.19B
Gross profit $2.53B $45.38B $5.56B
Operating income $568.20M $6.22B $2.46B
Net income $279.40M $4.86B $317.00M
Free cash flow $294.40M $3.23B $1.34B
R&D – $2.38B $1.09B
EPS (diluted) $4.02 $18.00 $0.25
Cash & equivalents $415.10M $8.93B $1.87B
Total debt $2.68B $57.74B $25.97B
Shares (diluted) 69.50M 270.70M 1.24B
Enterprise value $5.41B $150.36B $6.08B

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
MetricAGCODECNH
P/E 27.6x 36.9x 46.7x
P/FCF 26.0x 55.6x 10.8x
P/Operating cash flow 14.1x 24.8x 8.1x
P/S 0.8x 3.7x 0.8x
P/B 1.9x 6.4x 1.9x
P/Tangible book 2.2x 6.6x 2.2x
EV/EBITDA 11.0x 26.7x 13.3x
EV/EBIT 17.5x 36.7x 15.7x
EV/Revenue 1.0x 4.8x 2.1x
EV/FCF 33.7x 70.7x 28.7x
EV/Operating cash flow 18.2x 31.5x 21.7x
PEG (3Y EPS CAGR) -0.77 -1.90 -0.99

Growth

14 metrics
MetricAGCODECNH
Revenue growth (1Y) 0.9% 8.0% 0.6%
Revenue CAGR (3Y) -11.3% -7.9% -9.7%
Gross profit growth (1Y) 0.8% -5.6% -5.1%
Gross profit CAGR (3Y) -12.1% -7.8% -9.6%
Operating income growth (1Y) 490.6% 1.6% -24.2%
Operating income CAGR (3Y) -31.6% -21.6% -19.2%
Net income growth (1Y) -12.0% -6.2% -62.0%
Net income CAGR (3Y) -37.7% -21.5% -48.7%
EPS growth (1Y) -20.0% -6.2% -61.8%
EPS CAGR (3Y) -36.1% -19.4% -47.4%
Operating cash flow growth (1Y) -46.7% -15.3% -47.8%
Operating cash flow CAGR (3Y) -25.8% 0.3% 26.8%
Free cash flow growth (1Y) -60.7% -21.3% -53.5%
Free cash flow CAGR (3Y) -30.1% 4.3% 59.9%

Profitability

14 metrics
MetricAGCODECNH
Gross margin 25.0% 94.6% 30.6%
EBITDA margin 8.9% 17.9% 16.0%
Operating margin 5.6% 13.0% 13.5%
Pretax margin 3.7% 13.4% 2.0%
Net margin 2.8% 10.2% 1.7%
FCF margin 2.9% 6.7% 7.4%
Operating cash flow margin 5.4% 15.1% 9.8%
Return on equity 6.6% 17.6% 3.9%
Return on assets 2.3% 4.5% 0.7%
Return on invested capital 5.1% 5.5% 5.1%
Return on capital employed 7.2% – –
Asset turnover 0.9x 0.4x 0.4x
Cash conversion (OCF / net income) 2.0x 1.5x 5.6x
Stock comp / revenue 0.4% 0.3% –

Financial Health

11 metrics
MetricAGCODECNH
Debt / assets 22.8% 53.7% 61.6%
Debt / equity 0.7x 2.1x 3.3x
Net debt / EBITDA 2.5x 5.7x 8.3x
Debt / FCF 9.1x 17.9x 19.3x
Liabilities / assets 65.4% 74.0% 81.5%
Equity / assets 34.6% 26.0% 18.5%
Interest coverage – 2.3x 1.6x
Current ratio 1.3x – –
Quick ratio 0.4x – –
Cash ratio 0.1x – –
Altman Z-score 2.44 – –

Shareholder Returns

7 metrics
MetricAGCODECNH
Dividend yield 1.1% 1.0% 0.9%
Net buyback yield 4.0% 0.4% –
Shareholder yield 5.1% 1.4% 0.9%
Payout ratio (earnings) 30.2% 36.1% –
Payout ratio (FCF) 28.6% 54.3% –
Dividend growth (1Y) -2.5% 4.1% –
Dividend CAGR (3Y) -42.9% 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.

ConsensusAGCODECNH
Forward P/E 18.8xFY2026 37.8xFY2026 26.7xFY2026
EPS, next fiscal year $5.93FY2026 $17.63FY2026 $0.44FY2026
EPS growth, next FY +12.3%FY2026 -4.7%FY2026 -20.0%FY2026
EPS growth, the year after +31.2% +25.4% +50.0%
Revenue, next fiscal year $9.51BFY2026 $39.72BFY2026 $17.16BFY2026
Revenue growth, next FY -5.7%FY2026 +2.0%FY2026 -5.1%FY2026
Revenue growth, the year after +19.0% +17.7% +16.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAGCODECNH
Held by institutions 93.5% 75.0% 72.7%
Institutions holding 514 2,661 523
Change in shares held, QoQ +4.2% +4.5% +5.8%
Institutions buying 270 1,250 269
Institutions selling 165 888 199
Buyers to sellers 1.64 1.41 1.35

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.

AGCODECNH
AGCO 1.00 0.72 0.78
DE 0.72 1.00 0.74
CNH 0.78 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AGCO, DE and CNH?

Deere (DE) is the largest by market capitalisation: Agco (AGCO) $7.78B, Deere (DE) $182.27B, CNH Industrial (CNH) $14.43B.

Which stock is cheaper, AGCO, DE and CNH?

Agco (AGCO) trades on the lowest price-to-earnings ratio (Agco (AGCO) 27.8x, Deere (DE) 37.4x, CNH Industrial (CNH) 46.4x). On next year's consensus earnings, Agco (AGCO) is cheapest (Agco (AGCO) 18.8x, Deere (DE) 37.8x, CNH Industrial (CNH) 26.7x). 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) +0.9%, Deere (DE) +8.0%, CNH Industrial (CNH) +0.6%.

Which company is more profitable?

Deere (DE) has the highest net margin (Agco (AGCO) 2.8%, Deere (DE) 10.2%, CNH Industrial (CNH) 1.7%). On return on invested capital, Deere (DE) leads (Agco (AGCO) 5.1%, Deere (DE) 5.5%, CNH Industrial (CNH) 5.1%).

Which stock has performed better?

Over the past year Deere (DE) returned the most: Agco (AGCO) +5.6%, Deere (DE) +44.2%, CNH Industrial (CNH) +12.8%. Over five years, Deere (DE) compounded fastest (Agco (AGCO) -1.9%/yr, Deere (DE) +13.7%/yr, CNH Industrial (CNH) -5.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Deere (DE) has been the steadiest (Agco (AGCO) 36.8%, Deere (DE) 32.6%, CNH Industrial (CNH) 43.1%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.