v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net sales $ 2,476.3 $ 2,599.3 $ 7,161.8 $ 8,774.6
Cost of goods sold 1,829.8 1,996.2 5,336.1 6,564.2
Gross profit 646.5 603.1 1,825.7 2,210.4
Operating expenses:        
Selling, general and administrative expenses 340.8 344.3 993.0 1,074.5
Engineering expenses 123.0 121.3 356.8 390.0
Amortization of intangibles 23.0 8.8 54.0 54.4
Impairment charges (0.6) 0.2 7.3 5.3
Restructuring and business optimization expenses 8.7 10.5 37.3 41.7
Loss on sale of business 0.0 3.2 12.3 497.8
Income from operations 151.6 114.8 365.0 146.7
Interest expense, net 15.5 33.9 51.8 65.7
Other expense (income), net (208.4) 52.3 (127.2) 168.4
Income (loss) before income taxes and equity in net earnings of affiliates 344.5 28.6 440.4 (87.4)
Income tax provision 48.8 11.9 (154.7) 122.6
Income (loss) before equity in net earnings of affiliates 295.7 16.7 595.1 (210.0)
Equity in net earnings of affiliates 7.0 12.2 30.7 38.0
Net income (loss) 302.7 28.9 625.8 (172.0)
Net loss attributable to noncontrolling interests 3.0 1.1 5.2 2.9
Net income (loss) attributable to AGCO Corporation $ 305.7 $ 30.0 $ 631.0 $ (169.1)
Net income (loss) per common share attributable to AGCO Corporation:        
Basic (in dollars per share) $ 4.10 $ 0.40 $ 8.46 $ (2.27)
Diluted (in dollars per share) 4.09 0.40 8.45 (2.27)
Cash dividends declared per common share (in dollars per share) 0.29 0.29 0.87 3.37
Cash dividends paid per common share (in dollars per share) $ 0.29 $ 0.29 $ 0.87 $ 3.37
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 74.6 74.6 74.6 74.6
Diluted (in shares) 74.7 74.7 74.7 74.7