AGCO vs. AGRO

Last updated Apr 1, 2026

Compare and contrast key facts about AGCO Corporation (AGCO) and Adecoagro S.A. (AGRO).

Performance

AGCO vs. AGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AGCO Corporation (AGCO) and Adecoagro S.A. (AGRO). The values are adjusted to include any dividend payments, if applicable.

AGCO vs. AGRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGCO AGCO Corporation	11.30%	12.85%	-20.33%	-7.90%	24.99%	16.16%	34.77%	40.02%	-21.30%	24.50%
AGRO Adecoagro S.A.	89.41%	-12.37%	-12.39%	38.60%	11.50%	12.94%	-18.76%	20.26%	-32.69%	-0.39%

Fundamentals

Market Cap AGCO : $8.56B AGRO : $10.70B
EPS AGCO : $9.76 AGRO : -$0.01
PS Ratio AGCO : 0.86 AGRO : 6.00
PB Ratio AGCO : 2.00 AGRO : 6.47
Total Revenue (TTM) AGCO : $10.08B AGRO : $1.43B
Gross Profit (TTM) AGCO : $2.53B AGRO : $334.30M
EBITDA (TTM) AGCO : $971.60M AGRO : $368.40M

Returns By Period

In the year-to-date period, AGCO achieves a 11.30% return, which is significantly lower than AGRO's 89.41% return. Over the past 10 years, AGCO has outperformed AGRO with an annualized return of 11.19%, while AGRO has yielded a comparatively lower 4.19% annualized return.

AGCO

• 1D: 2.86%
• 1M: -15.11%
• YTD: 11.30%
• 6M: 8.74%
• 1Y: 26.45%
• 3Y*: -1.91%
• 5Y*: -0.94%
• 10Y*: 11.19%

AGRO

• 1D: -1.51%
• 1M: 69.14%
• YTD: 89.41%
• 6M: 95.83%
• 1Y: 40.12%
• 3Y*: 27.35%
• 5Y*: 17.06%
• 10Y*: 4.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AGCO vs. AGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGCO

AGCO Risk / Return Rank: 66
AGCO Sharpe Ratio Rank: 67
AGCO Sortino Ratio Rank: 65
AGCO Omega Ratio Rank: 62
AGCO Calmar Ratio Rank: 67
AGCO Martin Ratio Rank: 68

AGRO

AGRO Risk / Return Rank: 66
AGRO Sharpe Ratio Rank: 72
AGRO Sortino Ratio Rank: 67
AGRO Omega Ratio Rank: 67
AGRO Calmar Ratio Rank: 64
AGRO Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio Return per unit of total volatility	0.70	0.90	-0.20
Sortino ratio Return per unit of downside risk	1.32	1.46	-0.14
Omega ratio Gain probability vs. loss probability	1.16	1.20	-0.03
Calmar ratio Return relative to maximum drawdown	1.13	1.04	+0.10
Martin ratio Return relative to average drawdown	3.01	1.61	+1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGCO vs. AGRO - Sharpe Ratio Comparison

The current AGCO Sharpe Ratio is 0.70, which is comparable to the AGRO Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of AGCO and AGRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AGCO	AGRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.70	0.90	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.42	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.11	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.07	+0.18

Correlation

The correlation between AGCO and AGRO is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AGCO vs. AGRO - Dividend Comparison

AGCO's dividend yield for the trailing twelve months is around 1.00%, less than AGRO's 2.33% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGCO AGCO Corporation	1.00%	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.	2.33%	4.41%	3.63%	2.95%	3.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	AGCO	AGRO	Difference
Max Drawdown Largest peak-to-trough decline	-83.96%	-73.70%	-10.26%
Max Drawdown (1Y) Largest decline over 1 year	-22.23%	-36.44%	+14.21%
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 Drawdown Current decline from peak	-17.52%	-1.51%	-16.01%
Average Drawdown Average peak-to-trough decline	-29.81%	-31.71%	+1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.35%	23.41%	-15.06%

Volatility

AGCO vs. AGRO - Volatility Comparison

The current volatility for AGCO Corporation (AGCO) is 10.01%, while Adecoagro S.A. (AGRO) has a volatility of 22.76%. 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.

Volatility by Period

	AGCO	AGRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.01%	22.76%	-12.75%
Volatility (6M) Calculated over the trailing 6-month period	21.75%	34.91%	-13.16%
Volatility (1Y) Calculated over the trailing 1-year period	38.06%	44.68%	-6.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.84%	41.16%	-6.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.76%	39.21%	-4.45%

Financials

AGCO vs. AGRO - Profitability Comparison

The chart below illustrates the profitability comparison between AGCO Corporation and Adecoagro S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AGCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AGCO Corporation reported a gross profit of 741.10M and revenue of 2.92B. Therefore, the gross margin over that period was 25.4%.

AGRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Adecoagro S.A. reported a gross profit of 78.85M and revenue of 415.94M. Therefore, the gross margin over that period was 19.0%.

AGCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AGCO Corporation reported an operating income of 230.70M and revenue of 2.92B, resulting in an operating margin of 7.9%.

AGRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Adecoagro S.A. reported an operating income of -3.08M and revenue of 415.94M, resulting in an operating margin of -0.7%.

AGCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AGCO Corporation reported a net income of 95.50M and revenue of 2.92B, resulting in a net margin of 3.3%.

AGRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Adecoagro S.A. reported a net income of -14.85M and revenue of 415.94M, resulting in a net margin of -3.6%.