AGRO vs. AGCO
AGRO (Adecoagro S.A.) and AGCO (AGCO Corporation) are both stocks. AGRO operates in Farm Products (Consumer Defensive), while AGCO operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, AGRO returned 0.09%/yr vs 11.10%/yr for AGCO. At a 0.27 correlation, their price movements are largely independent.
Performance
AGRO vs. AGCO - Performance Comparison
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Returns By Period
In the year-to-date period, AGRO achieves a 19.20% return, which is significantly higher than AGCO's 7.11% return. Over the past 10 years, AGRO has underperformed AGCO with an annualized return of 0.09%, while AGCO has yielded a comparatively higher 11.10% annualized return.
AGRO
- 1D
- 2.40%
- 1M
- -26.85%
- YTD
- 19.20%
- 6M
- 18.90%
- 1Y
- 4.23%
- 3Y*
- 1.89%
- 5Y*
- -0.91%
- 10Y*
- 0.09%
AGCO
- 1D
- -2.37%
- 1M
- -1.44%
- YTD
- 7.11%
- 6M
- 5.81%
- 1Y
- 11.72%
- 3Y*
- -3.26%
- 5Y*
- 0.26%
- 10Y*
- 11.10%
AGRO vs. AGCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 19.20% | -12.37% | -12.39% | 38.60% | 11.50% | 12.94% | -18.76% | 20.26% | -32.69% | -0.39% |
AGCO AGCO Corporation | 7.11% | 12.85% | -20.33% | -7.90% | 24.99% | 16.16% | 34.77% | 40.02% | -21.30% | 24.50% |
Correlation
The correlation between AGRO and AGCO 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 | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011 | 0.27 |
The correlation between AGRO and AGCO shifts across timeframes, from -0.00 (1 year) to 0.27 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AGRO:
$4.80B
AGCO:
$8.09B
AGRO:
$0.03
AGCO:
$10.42
AGRO:
331.73
AGCO:
10.67
AGRO:
0.10
AGCO:
0.41
AGRO:
3.15
AGCO:
0.79
AGRO:
2.73
AGCO:
1.88
AGRO:
$1.50B
AGCO:
$10.37B
AGRO:
$378.81M
AGCO:
$2.58B
AGRO:
$466.25M
AGCO:
$984.20M
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Return for Risk
AGRO vs. AGCO — Risk / Return Rank
AGRO
AGCO
AGRO vs. AGCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) and AGCO Corporation (AGCO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGRO | AGCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.09 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 0.53 | -0.42 |
| Martin ratioReturn relative to average drawdown | 0.31 | 1.05 | -0.74 |
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Drawdowns
AGRO vs. AGCO - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, smaller than the maximum AGCO drawdown of -83.96%. Use the drawdown chart below to compare losses from any high point for AGRO and AGCO.
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Drawdown Indicators
| AGRO | AGCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.70% | -83.96% | +10.26% |
Max Drawdown (1Y)Largest decline over 1 year | -39.72% | -22.42% | -17.30% |
Max Drawdown (3Y)Largest decline over 3 years | -39.72% | -43.50% | +3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -43.50% | -1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -72.07% | -54.07% | -18.00% |
Current DrawdownCurrent decline from peak | -38.27% | -20.63% | -17.64% |
Average DrawdownAverage peak-to-trough decline | -31.47% | -29.72% | -1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.59% | 11.14% | +2.45% |
Volatility
AGRO vs. AGCO - Volatility Comparison
Adecoagro S.A. (AGRO) has a higher volatility of 15.42% compared to AGCO Corporation (AGCO) at 9.26%. This indicates that AGRO's price experiences larger fluctuations and is considered to be riskier than AGCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGRO | AGCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.42% | 9.26% | +6.16% |
Volatility (6M)Calculated over the trailing 6-month period | 40.72% | 24.34% | +16.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.94% | 33.78% | +14.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.18% | 35.11% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.94% | 35.01% | +4.93% |
Dividends
AGRO vs. AGCO - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 3.16%, more than AGCO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGCO AGCO Corporation | 1.05% | 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. | 3.16% | 4.41% | 3.63% | 2.95% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AGRO vs. AGCO - Financials Comparison
This section allows you to compare key financial metrics between Adecoagro S.A. and AGCO Corporation. 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
AGRO vs. AGCO - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
AGRO and AGCO 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 (15.42%) compared to AGCO (9.26%). In terms of maximum drawdown, AGRO dropped -73.70% vs AGCO's -83.96%.
AGCO currently has the higher Sharpe Ratio (0.35 vs 0.09), 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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