United States was Agco’s largest region in fiscal 2022, bringing in $2.55B of $12.79B (20%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2022 |
|---|---|---|---|---|---|---|
| Eme | — | — | — | |||
| North America | — | — | — | |||
| United States | $1.79B | $1.76B | $2.55B | |||
| Other Europe | $1.63B | $1.29B | $1.69B | |||
| Brazil | — | $667.10M | $1.75B | |||
| Germany | $1.19B | $1.28B | $1.39B | |||
| France | $1.10B | $1.08B | $1.22B | |||
| South America | $789.70M | — | — | |||
| Finland & Scandinavia | $772.80M | $698.50M | $838.80M | |||
| Apa | — | — | — | |||
| United Kingdom & Ireland | $561.90M | $557.80M | $664.10M | |||
| Italy | — | $322.60M | $421.70M | |||
| Asia | $344.70M | $373.10M | $384.20M | |||
| Canada | $302.00M | $325.90M | $490.20M | |||
| Australia & New Zealand | $257.70M | $302.60M | $366.20M | |||
| Other South America | — | $198.30M | $358.00M | |||
| Mexico, Central America & Caribbean | $217.30M | $180.20M | $290.90M | |||
| Middle East & Algeria | $73.20M | $136.70M | $216.20M | |||
| Africa | $116.20M | $58.30M | $157.00M | |||
| Total | $9.14B | $9.24B | $12.79B |
Agco brought in $12.79B from its 15 regions in fiscal 2022, the year ended December 31, 2022. That was up 38.5% from $9.24B in fiscal 2020, the previous year with figures. United States was the largest at $2.55B (19.9%), ahead of Brazil at $1.75B (13.7%) and Other Europe at $1.69B (13.2%). The other 12 regions brought in $6.80B combined.
Compared with fiscal 2020, the previous year with figures, Brazil grew fastest, up 162.1% to $1.75B. Every region above 2% of revenue grew.
Agco began breaking out Brazil in fiscal 2020, Italy in fiscal 2020 and Other South America in fiscal 2020. Agco stopped reporting South America as a separate region after fiscal 2019, when it brought in $789.70M.
Tractors was Agco’s largest revenue line in fiscal 2017, bringing in $4.79B of $8.31B (58%).
| Products and Services | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Tractors | $5.57B | $4.24B | $4.23B | $4.79B | |||||
| Replacement Parts | $1.39B | $1.20B | $1.21B | $1.31B | |||||
| Grain Storage & Protein Production Systems | $875.30M | $766.20M | $892.50M | $1.05B | |||||
| Other Machinery | $851.00M | $629.60M | $521.60M | $582.50M | |||||
| Other Machinery & Equipment | — | — | — | — | |||||
| Combines | $581.00M | $331.90M | $302.80M | $349.00M | |||||
| Application Equipment | $459.50M | $291.10M | $257.20M | $235.20M | |||||
| Equipment | — | — | — | — | |||||
| Total | $9.72B | $7.47B | $7.41B | $8.31B |
Agco brought in $8.31B from its six revenue lines in fiscal 2017, the year ended December 31, 2017. That was up 12.1% from $7.41B in fiscal 2016. Tractors was the largest at $4.79B (57.6%), ahead of Replacement Parts at $1.31B (15.7%) and Grain Storage & Protein Production Systems at $1.05B (12.6%). The other three revenue lines brought in $1.17B combined.
Compared with fiscal 2016, Grain Storage & Protein Production Systems grew fastest, up 17.6% to $1.05B, while Application Equipment fell the most, down 8.6% to $235.20M. From fiscal 2014 to 2017, combined revenue from these revenue lines fell from $9.72B to $8.31B, a compound annual decline of 5.1%. Tractors' share held steady at about 57.6%.
Agco (AGCO) reports its revenue by geography and by products and services. In fiscal 2022, United States was its largest region, bringing in $2.55B (19.9% of the total), followed by Brazil at $1.75B (13.7%).
United States was Agco's largest region in fiscal 2022, bringing in $2.55B, or 19.9% of the $12.79B total across its 15 regions.
Tractors was Agco's largest revenue line in fiscal 2017, bringing in $4.79B, or 57.6% of the $8.31B total across its six revenue lines.
Among Agco's revenue lines that make up at least 2% of revenue, Grain Storage & Protein Production Systems grew fastest in fiscal 2017, up 17.6% from $892.50M to $1.05B.
Every figure comes from Agco's annual financial filings, as reported. Each line keeps the name Agco gives it, and years follow its fiscal calendar.
Agco's revenue by geography goes back to fiscal 2016, with figures through fiscal 2022. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.