← AGCO CORP /DE
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $160.1m | $186.4m | $285.5m | $125.2m | $427.1m | $897.0m | $889.6m | $1.2b | ($424.8m) | $726.5m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $160.2m | $189.3m | $283.7m | $122.8m | $419.8m | $901.5m | $874.7m | $1.2b | ($485.6m) | $719.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $100k | $2.9m | ($1.8m) | ($2.4m) | ($7.3m) | $4.5m | ($14.9m) | ($100k) | ($60.8m) | ($7.5m) | |
| Amortization of Debt Issuance Costs | $1.0m | $700k | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $51.2m | $57.0m | $64.7m | $61.1m | $59.5m | $61.1m | $60.1m | $57.7m | $81.0m | $71.1m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | $1.8m | — | — | |
| Depreciation | $223.4m | $222.8m | $225.2m | $210.9m | $212.5m | $220.7m | $209.5m | $230.4m | $251.2m | $256.5m | |
| Deferred Income Tax Expense (Benefit) | $2.1m | ($14.1m) | ($14.7m) | $15.1m | $3.4m | ($117.9m) | ($58.0m) | ($264.4m) | ($102.6m) | ($366.5m) | |
| Share-based Payment Arrangement, Noncash Expense | $18.1m | $38.2m | $46.3m | $41.3m | $37.6m | $27.4m | $34.0m | $46.4m | $18.4m | $28.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.0m | $6.9m | $4.0m | $28.1m | $19.8m | $34.9m | $20.6m | $21.6m | $14.1m | $13.0m | |
| Share-based Payment Arrangement, Expense | $18.4m | $38.4m | $46.6m | $41.7m | $37.9m | $27.6m | $34.0m | $46.4m | $18.4m | $28.6m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $176.6m | $20.0m | $0 | $36.0m | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $173.6m | $20.0m | — | — | $0 | $354.1m | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $3.0m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $5.1m | — | $2.2m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | — | $251.9m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | ($507.3m) | ($10.8m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | ($24.5m) | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $47.5m | $39.1m | $34.3m | $42.5m | $45.5m | $65.6m | $64.1m | $68.2m | $46.4m | $39.6m | |
| Income Tax Expense (Benefit) | $92.2m | $133.6m | $110.9m | $180.8m | $187.7m | $108.4m | $296.6m | $230.4m | $98.4m | ($77.4m) | |
| Other Nonoperating Income (Expense) | ($31.4m) | ($74.4m) | ($74.9m) | ($67.1m) | ($22.7m) | ($50.4m) | ($145.2m) | ($362.3m) | ($218.5m) | $72.7m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $1.4m | ($41.2m) | $3.2m | $0 | $43.7m | $1.9m | $40.8m | $36.4m | $29.4m | $20.6m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $33.1m | $196.0m | $214.3m | $216.3m | ($119.7m) | $762.6m | $668.3m | $164.4m | ($308.8m) | ($237.5m) | |
| Increase (Decrease) in Accounts Payable | $62.8m | $123.5m | ($24.3m) | $35.7m | ($59.1m) | $292.2m | $322.1m | ($191.6m) | ($224.9m) | $43.4m | |
| Goodwill | $1.4b | $1.5b | $1.5b | $1.3b | $1.3b | $1.3b | $1.3b | $1.3b | $1.8b | $1.9b | |
| Restructuring Costs | — | $12.4m | $13.8m | $6.1m | $17.6m | $19.9m | — | — | $172.7m | $82.2m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $9.4b | $9.0b | $9.1b | $11.1b | $12.7b | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | ($18.5m) | $0 | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($1.0m) | ($2.0m) | ($7.2m) | $100k | $6.3m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $369.5m | $577.6m | $595.9m | $695.9m | $896.5m | $660.2m | $838.2m | $1.1b | $689.9m | $988.1m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $201.0m | $203.9m | $203.3m | $273.4m | $269.9m | $269.8m | $388.3m | $518.1m | $393.3m | $247.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $383.8m | $293.1m | $0 | $0 | $2.8m | $22.6m | $111.3m | $9.8m | $1.9b | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | $15.4m | $3.8m | $8.0m | $1.4m | $17.4m | |
| Net Cash Provided by (Used in) Investing Activities | ($598.3m) | ($493.7m) | ($205.5m) | ($271.6m) | ($241.7m) | ($288.4m) | ($496.8m) | ($545.7m) | ($1.7b) | ($28.3m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $212.5m | $0 | $184.3m | $130.0m | $55.0m | $135.0m | $0 | $53.0m | $22.0m | $250.0m | |
| Payments of Ordinary Dividends, Common Stock | $42 | $44 | $47 | $48 | $48 | $358 | $404 | $457 | $273 | $86 | |
| Proceeds from (Payments to) Noncontrolling Interests | $400k | $500k | $900k | $1.6m | ($3.1m) | ($3.5m) | ($11.5m) | $0 | $8.1m | $0 | |
| Proceeds from (Payments for) Other Financing Activities | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $236.4m | ($176.7m) | ($413.3m) | ($313.4m) | $22.7m | ($539.5m) | ($407.0m) | ($671.7m) | $1.0b | ($729.2m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($4.2m) | $8.8m | ($62.3m) | ($34.0m) | — | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $106.7m | $686.3m | ($230.0m) | ($99.6m) | ($194.0m) | $17.2m | $249.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $432.8m | $1.1b | $889.1m | $789.5m | $595.5m | $612.7m | $861.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $283.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.