Agco (AGCO) Research & Development (2009 - 2023)
Agco's (AGCO) quarterly Research & Development came in at $139.6 million in Q3 2023, up 33.33% YoY from $104.7 million in Q3 2022, and up 0.58% on a QoQ basis from $138.8 million in Q2 2023.
Agco (AGCO) Research & Development (2009 - 2023) Analysis & Trends
Agco (AGCO) has 15 years of Research & Development data on file, last reported at $139.6 million in Q3 2023.
- Quarterly Research & Development rose 33.33% year-over-year to $139.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $530.1 million (up 25.74% YoY) and the FY2022 annual result came in at $444.2 million, up 9.46% from the prior year.
- Research & Development climbed to $139.6 million in Q3 2023, from $138.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $139.6 million in Q3 2023 to a low of $75.8 million in Q2 2020.
- A 5-year average of $101.8 million and a median of $99.9 million in 2020 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2020 — Research & Development decreased 13.37% — and 2021, when it surged 41.42%.
- Tracing AGCO's Research & Development over 5 years: stood at $89.1 million in 2019, then grew by 12.12% to $99.9 million in 2020, then grew by 9.61% to $109.5 million in 2021, then advanced by 20.64% to $132.1 million in 2022, then gained by 5.68% to $139.6 million in 2023.
- The last three Research & Development figures came in at $139.6 million (Q3 2023), $138.8 million (Q2 2023), and $119.6 million (Q1 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.50 Bn | 382.79 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Deere | 166.53 Bn | 158.63 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 69.78 Bn | 61.11 Bn | 1.56 Bn | 114.30 Mn |
| 4 | CNH Industrial | 13.28 Bn | 11.41 Bn | 1.41 Bn | 230.00 Mn |
| 5 | Oshkosh | 9.74 Bn | 9.34 Bn | 480.30 Mn | - |
| 6 | Terex | 7.71 Bn | 7.30 Bn | 444.00 Mn | - |
| 7 | Agco | 7.23 Bn | 6.65 Bn | 645.90 Mn | - |
| 8 | Blue Bird | 2.26 Bn | 2.14 Bn | 103.37 Mn | - |
| 9 | Alamo | 2.05 Bn | 1.86 Bn | 110.86 Mn | - |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | 4.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 139.60 Mn |
| Jun 30, 2023 | 138.80 Mn |
| Mar 31, 2023 | 119.60 Mn |
| Dec 31, 2022 | 132.10 Mn |
| Sep 30, 2022 | 104.70 Mn |
| Jun 30, 2022 | 107.10 Mn |
| Mar 31, 2022 | 100.30 Mn |
| Dec 31, 2021 | 109.50 Mn |
| Sep 30, 2021 | 92.80 Mn |
| Jun 30, 2021 | 107.20 Mn |
| Mar 31, 2021 | 96.30 Mn |
| Dec 31, 2020 | 99.90 Mn |
| Sep 30, 2020 | 82.00 Mn |
| Jun 30, 2020 | 75.80 Mn |
| Mar 31, 2020 | 84.90 Mn |
| Dec 31, 2019 | 89.10 Mn |
| Sep 30, 2019 | 82.30 Mn |
| Jun 30, 2019 | 87.50 Mn |
| Mar 31, 2019 | 84.50 Mn |
| Dec 31, 2018 | 88.00 Mn |