Adecoagro (AGRO) Gross Margin (2009 - 2026)
Adecoagro (AGRO) posted Gross Margin of 31.50% for Q2 2026, up 14.82 percentage points from 16.68% a year earlier and up 6.97 percentage points from the prior quarter.
Adecoagro (AGRO) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Adecoagro was 28.35%, up 7.73 percentage points year-over-year; for FY2025, it was 24.60%, down 4.02 percentage points from FY2024.
- Annual Gross Margin has declined for four consecutive years, with a five-year change of -16.43 percentage points (FY2020 to FY2025).
- In prior years, Adecoagro's Gross Margin was 28.63% in FY2024 (-3.35 pp), 31.98% in FY2023 (-2.57 pp), 34.55% in FY2022 (-8.52 pp) and 43.07% in FY2021 (+2.04 pp).
- Quarterly Gross Margin has run from a low of 15.14% in Q1 2025 to a high of 35.11% in Q3 2025 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +3.00 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2026, with a gain of 14.82 percentage points; the weakest was Q1 2022, with a drop of 10.91 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 24.53% (Q1 2026), 23.04% (Q4 2025) and 35.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 33.94 Bn | 30.42 Bn | 1.89 Bn | 8.44% |
| 2 | Tyson Foods | 21.10 Bn | 17.35 Bn | 921.00 Mn | 6.64% |
| 3 | Bunge Global | 19.46 Bn | 16.37 Bn | 1.33 Bn | 5.60% |
| 4 | Jbs | 14.01 Bn | -19.25 Bn | 2.59 Bn | 10.83% |
| 5 | Darling Ingredients | 8.33 Bn | 7.88 Bn | 503.37 Mn | 29.20% |
| 6 | Smithfield Foods | 7.67 Bn | 2.22 Bn | 313.00 Mn | 9.11% |
| 7 | Pilgrims Pride | 7.05 Bn | 4.54 Bn | 333.67 Mn | 7.17% |
| 8 | Ingredion | 5.86 Bn | 2.04 Bn | 426.00 Mn | 23.03% |
| 9 | Scotts Miracle-Gro | 3.85 Bn | 3.77 Bn | 365.90 Mn | 31.22% |
| 10 | Adecoagro | 928.03 Mn | -470.50 Mn | 167.30 Mn | 31.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.50% |
| Mar 31, 2026 | 24.53% |
| Dec 31, 2025 | 23.04% |
| Sep 30, 2025 | 35.11% |
| Jun 30, 2025 | 16.68% |
| Mar 31, 2025 | 15.14% |
| Dec 31, 2024 | 23.81% |
| Sep 30, 2024 | 25.07% |
| Jun 30, 2024 | 18.70% |
| Mar 31, 2024 | 21.56% |
| Dec 31, 2023 | 22.90% |
| Sep 30, 2023 | 26.99% |
| Jun 30, 2023 | 27.24% |
| Mar 31, 2023 | 20.86% |
| Dec 31, 2022 | 20.65% |
| Sep 30, 2022 | 21.39% |
| Jun 30, 2022 | 19.96% |
| Mar 31, 2022 | 17.47% |
| Dec 31, 2021 | 18.77% |
| Sep 30, 2021 | 24.85% |
Adecoagro Gross Margin 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=gross-margin&ticker=AGRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AGRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AGRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();