AGCO vs. AGRO
AGCO (AGCO Corporation) and AGRO (Adecoagro S.A.) are both stocks. AGCO operates in Farm & Heavy Construction Machinery (Industrials), while AGRO operates in Farm Products (Consumer Defensive). Over the past 10 years, AGCO returned 10.86%/yr vs 2.09%/yr for AGRO. At a 0.27 correlation, their price movements are largely independent.
Performance
AGCO vs. AGRO - Performance Comparison
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Returns By Period
In the year-to-date period, AGCO achieves a 15.20% return, which is significantly lower than AGRO's 55.07% return. Over the past 10 years, AGCO has outperformed AGRO with an annualized return of 10.86%, while AGRO has yielded a comparatively lower 2.09% annualized return.
AGCO
- 1D
- 1.03%
- 1M
- -1.12%
- YTD
- 15.20%
- 6M
- 14.31%
- 1Y
- 21.38%
- 3Y*
- 1.91%
- 5Y*
- 0.37%
- 10Y*
- 10.86%
AGRO
- 1D
- -2.48%
- 1M
- -19.70%
- YTD
- 55.07%
- 6M
- 47.63%
- 1Y
- 33.44%
- 3Y*
- 13.86%
- 5Y*
- 4.40%
- 10Y*
- 2.09%
AGCO vs. AGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGCO AGCO Corporation | 15.20% | 12.85% | -20.33% | -7.90% | 24.99% | 16.16% | 34.77% | 40.02% | -21.30% | 24.50% |
AGRO Adecoagro S.A. | 55.07% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
Correlation
The correlation between AGCO and AGRO is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2011 | 0.27 |
Over the past year, the correlation between AGCO and AGRO has dropped to 0.00 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
AGCO:
$8.70B
AGRO:
$6.24B
AGCO:
$10.42
AGRO:
$0.03
AGCO:
11.48
AGRO:
431.57
AGCO:
0.44
AGRO:
0.14
AGCO:
0.85
AGRO:
4.10
AGCO:
2.02
AGRO:
3.56
AGCO:
$10.37B
AGRO:
$1.50B
AGCO:
$2.58B
AGRO:
$378.81M
AGCO:
$984.20M
AGRO:
$466.25M
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Return for Risk
AGCO vs. AGRO — Risk / Return Rank
AGCO
AGRO
AGCO vs. AGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AGCO Corporation (AGCO) and Adecoagro S.A. (AGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AGCO | AGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.16 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 1.41 | -0.44 |
| Martin ratioReturn relative to average drawdown | 2.09 | 2.84 | -0.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AGCO | AGRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.73 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.11 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.05 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.03 | +0.22 |
Drawdowns
AGCO vs. AGRO - Drawdown Comparison
The maximum AGCO drawdown since its inception was -83.96%, which is greater than AGRO's maximum drawdown of -73.70%. Use the drawdown chart below to compare losses from any high point for AGCO and AGRO.
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Drawdown Indicators
| AGCO | AGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.96% | -73.70% | -10.26% |
Max Drawdown (1Y)Largest decline over 1 year | -22.23% | -23.84% | +1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -43.50% | -37.96% | -5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -43.50% | -45.34% | +1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -54.07% | -72.07% | +18.00% |
Current DrawdownCurrent decline from peak | -14.64% | -19.70% | +5.06% |
Average DrawdownAverage peak-to-trough decline | -29.74% | -31.48% | +1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.26% | 11.82% | -1.56% |
Volatility
AGCO vs. AGRO - Volatility Comparison
The current volatility for AGCO Corporation (AGCO) is 11.67%, while Adecoagro S.A. (AGRO) has a volatility of 14.24%. This indicates that AGCO experiences smaller price fluctuations and is considered to be less risky than AGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGCO | AGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.67% | 14.24% | -2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 23.94% | 40.01% | -16.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.34% | 46.08% | -12.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.08% | 41.82% | -6.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.04% | 39.73% | -4.69% |
Dividends
AGCO vs. AGRO - Dividend Comparison
AGCO's dividend yield for the trailing twelve months is around 0.98%, less than AGRO's 2.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGCO AGCO Corporation | 0.98% | 1.11% | 3.92% | 5.03% | 3.91% | 4.10% | 0.62% | 0.82% | 1.08% | 0.78% | 0.90% | 1.06% |
AGRO Adecoagro S.A. | 2.43% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AGCO vs. AGRO - Financials Comparison
This section allows you to compare key financial metrics between AGCO Corporation and Adecoagro S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AGCO vs. AGRO - Profitability Comparison
AGCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AGCO Corporation reported a gross profit of 581.40M and revenue of 2.34B. Therefore, the gross margin over that period was 24.8%.
AGRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Adecoagro S.A. reported a gross profit of 118.57M and revenue of 398.68M. Therefore, the gross margin over that period was 29.7%.
AGCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AGCO Corporation reported an operating income of 80.70M and revenue of 2.34B, resulting in an operating margin of 3.4%.
AGRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Adecoagro S.A. reported an operating income of 27.86M and revenue of 398.68M, resulting in an operating margin of 7.0%.
AGCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AGCO Corporation reported a net income of 55.00M and revenue of 2.34B, resulting in a net margin of 2.4%.
AGRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Adecoagro S.A. reported a net income of 40.14M and revenue of 398.68M, resulting in a net margin of 10.1%.
Frequently Asked Questions
AGCO and AGRO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGRO has higher volatility (14.24%) compared to AGCO (11.67%). In terms of maximum drawdown, AGCO dropped -83.96% vs AGRO's -73.70%.
AGRO currently has the higher Sharpe Ratio (0.73 vs 0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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