Adecoagro (AGRO) Depreciation Expense (2019 - 2024)
Adecoagro posted quarterly Depreciation Expense of $16.5 million for Q1 2024, up 50.88% year-on-year from $11.0 million in Q2 2023, and up 16.15% on a QoQ basis from $14.2 million in Q4 2023.
Adecoagro (AGRO) has 6 years of Depreciation Expense data on file, last reported at $16.5 million in Q1 2024.
- For the quarter ending Q1 2024, Depreciation Expense rose 50.88% year-over-year to $16.5 million; the trailing twelve-month figure through Mar 2024 stood at $79.7 million (up 18.52% YoY), and the FY2023 full-year result was $74.1 million, up 16.97% from the prior year.
- Depreciation Expense for Q1 2024 stood at $16.5 million, up from $14.2 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $40.8 million in Q4 2020 and bottomed at $7.1 million in Q1 2022.
- The 5-year median for Depreciation Expense is $16.0 million (2022), against an average of $18.3 million.
- The widest annual swing landed in 2021, when Depreciation Expense slumped 66.99%; it then soared 54.61% in 2023.
- A 5-year view of Depreciation Expense shows it stood at $40.8 million in 2020, then plunged by 66.99% to $13.5 million in 2021, then gained by 14.81% to $15.5 million in 2022, then declined by 8.05% to $14.2 million in 2023, then grew by 16.15% to $16.5 million in 2024.
- The last three Depreciation Expense figures came in at $16.5 million (Q1 2024), $14.2 million (Q4 2023), and $22.1 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | - |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | - |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | - |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | - |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | - |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | - |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | - |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | - |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | - |
| 10 | Adecoagro | 3,844.08 | -436.48 Mn | 97.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 16.52 Mn |
| Dec 31, 2023 | 14.23 Mn |
| Sep 30, 2023 | 22.13 Mn |
| Jun 30, 2023 | 26.78 Mn |
| Mar 31, 2023 | 10.95 Mn |
| Dec 31, 2022 | 15.47 Mn |
| Sep 30, 2022 | 19.31 Mn |
| Jun 30, 2022 | 21.48 Mn |
| Mar 31, 2022 | 7.08 Mn |
| Dec 31, 2021 | 13.48 Mn |
| Dec 31, 2020 | 40.82 Mn |
| Mar 31, 2020 | 11.15 Mn |
| Dec 31, 2019 | 45.17 Mn |
| Jun 30, 2019 | 11.57 Mn |
| Mar 31, 2019 | 10.41 Mn |