Agco Corp /De AGCO
NYSE AGCO
$113.10 -3.51 (-3.01%)
At close: Nov 10, 2026 · 4:00 PM EST

Agco (AGCO) Tax Rate (2009 - 2026)

Updated

Agco (AGCO) recorded Tax Rate of 37.00% in Q3 2026, up 22.84 percentage points from 14.17% a year earlier but down 0.33 percentage points from the prior quarter.

Analysis

Agco (AGCO) Tax Rate (2009 - 2026) Analysis & Trends

On a TTM basis, Agco's Tax Rate came in at 39.14% as of Sep 30, 2026; for FY2023, it was 17.28%, down 9.51 percentage points from FY2022.

  • Annual Tax Rate has a five-year change of -13.50 percentage points (FY2018 to FY2023).
  • Across earlier years, Tax Rate came in at 26.79% in FY2022 (+15.31 pp), 11.48% in FY2021 (-21.92 pp), 33.40% in FY2020 (-35.85 pp) and 69.25% in FY2019 (+38.47 pp).
  • Quarterly Tax Rate has ranged from 11.79% in Q1 2026 to 47.83% in Q4 2025 over the past five years.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 27.49 percentage points in Q2 2022, against a drop of 27.44 percentage points in Q3 2025 at the low end.
  • Per Business Quant, the preceding three quarters came in at 37.34% (Q2 2026), 11.79% (Q1 2026) and 47.83% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caterpillar 267.46 Bn 238.77 Bn 7.35 Bn 22.94%
2 Amphenol 197.37 Bn 192.21 Bn 4.02 Bn 27.38%
3 Deere 185.36 Bn 194.13 Bn 4.66 Bn 28.11%
4 Eaton 137.64 Bn 134.62 Bn 3.11 Bn 21.24%
5 Parker-Hannifin 121.80 Bn 119.79 Bn 2.26 Bn 22.25%
6 3M 97.84 Bn 80.25 Bn 2.78 Bn 15.63%
7 Emerson Electric 93.37 Bn 85.86 Bn 2.74 Bn 25.27%
8 Illinois Tool Works 81.86 Bn 78.53 Bn 1.91 Bn 24.40%
9 Vertiv Holdings 74.77 Bn 63.62 Bn 1.64 Bn 23.15%
10 Agco 7.80 Bn 5.72 Bn 565.40 Mn 37.00%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 37.00%
Jun 30, 2026 37.34%
Mar 31, 2026 11.79%
Dec 31, 2025 47.83%
Sep 30, 2025 14.17%
Sep 30, 2024 41.61%
Mar 31, 2024 31.28%
Sep 30, 2023 22.55%
Jun 30, 2023 26.90%
Mar 31, 2023 35.73%
Dec 31, 2022 23.35%
Sep 30, 2022 25.01%
Jun 30, 2022 30.31%
Mar 31, 2022 32.35%
Sep 30, 2021 29.63%
Jun 30, 2021 2.82%
Mar 31, 2021 24.18%
Dec 31, 2020 36.51%
Sep 30, 2020 27.89%
Jun 30, 2020 38.55%
API Access

Agco Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=AGCO&period=max&api_key=YOUR_API_KEY