AGCO Corp Q2 2024 10-Q Filing
Ticker: AGCO · Form: 10-Q · Filed: 2024-08-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, agribusiness
TL;DR
**AGCO Q2 2024 10-Q filed. Financials and operations detailed.**
AI Summary
AGCO Corporation filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter of 2024. Key financial figures and segment information are presented, reflecting the company's ongoing activities in the farm machinery and equipment sector.
Why It Matters
This filing provides investors and analysts with the latest financial results and operational details for AGCO Corp, crucial for understanding the company's performance in the agricultural equipment market.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Players & Entities
- AGCO CORP /DE (company) — Filer
- 20240630 (date) — Period of Report
- 20240808 (date) — Filed as of Date
- FARM MACHINERY & EQUIPMENT [3523] (industry) — Standard Industrial Classification
- DE (location) — State of Incorporation
- DULUTH (location) — Business Address City
- GA (location) — Business Address State
- 30096 (zip_code) — Business Address Zip
- 7708139200 (phone_number) — Business Phone
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240630, indicating the filing covers the period ending June 30, 2024.
When was this 10-Q filing submitted to the SEC?
The filing was submitted on 20240808.
What is AGCO Corp's Standard Industrial Classification code?
AGCO Corp's SIC code is FARM MACHINERY & EQUIPMENT [3523].
Where is AGCO Corp's business located?
AGCO Corp's business address is in DULUTH, GA, with a zip code of 30096.
What is the SEC file number for AGCO Corp?
The SEC file number for AGCO Corp is 001-12930.
From the Filing
0000880266-24-000052.txt : 20240808 0000880266-24-000052.hdr.sgml : 20240808 20240808143700 ACCESSION NUMBER: 0000880266-24-000052 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 105 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240808 DATE AS OF CHANGE: 20240808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AGCO CORP /DE CENTRAL INDEX KEY: 0000880266 STANDARD INDUSTRIAL CLASSIFICATION: FARM MACHINERY & EQUIPMENT [3523] ORGANIZATION NAME: 06 Technology IRS NUMBER: 581960019 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12930 FILM NUMBER: 241187618 BUSINESS ADDRESS: STREET 1: 4205 RIVER GREEN PKWAY CITY: DULUTH STATE: GA ZIP: 30096 BUSINESS PHONE: 7708139200 MAIL ADDRESS: STREET 1: 4205 RIVER GREEN PARKWAY CITY: DULUTH STATE: GA ZIP: 30096 10-Q 1 agco-20240630.htm 10-Q agco-20240630 AGCO CORP /DE 0000880266 --12-31 2024 Q2 false P1Y P1Y P3Y http://fasb.org/us-gaap/2024#AccountingStandardsUpdate201613Member P6M P1Y P1Y P1Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares iso4217:TRY iso4217:ARS xbrli:pure agco:year iso4217:EUR agco:agreement iso4217:BRL agco:segment 0000880266 2024-01-01 2024-06-30 0000880266 2024-08-02 0000880266 2024-06-30 0000880266 2023-12-31 0000880266 2024-04-01 2024-06-30 0000880266 2023-04-01 2023-06-30 0000880266 2023-01-01 2023-06-30 0000880266 2022-12-31 0000880266 2023-06-30 0000880266 country:TR srt:SubsidiariesMember 2024-01-01 2024-06-30 0000880266 country:TR srt:SubsidiariesMember 2024-06-30 0000880266 country:TR srt:SubsidiariesMember currency:TRY 2024-06-30 0000880266 country:AR srt:SubsidiariesMember 2024-01-01 2024-06-30 0000880266 country:AR srt:SubsidiariesMember 2024-06-30 0000880266 country:AR currency:ARS 2024-06-30 0000880266 country:AR agco:AGCOCapitalArgentinaSAMember 2024-06-30 0000880266 agco:SubsidiariesPTxTrimbleLLCMember 2024-04-01 2024-04-01 0000880266 agco:OneAgMember 2024-04-01 2024-04-01 0000880266 agco:PTxTrimbleLLCMember 2024-04-01 0000880266 agco:OneAgMember 2024-04-01 0000880266 agco:OneAgMember agco:MeasurementInputExerciseDateMember 2024-04-01 0000880266 agco:OneAgMember us-gaap:DevelopedTechnologyRightsMember 2024-04-01 2024-04-01 0000880266 agco:OneAgMember us-gaap:DevelopedTechnologyRightsMember srt:MinimumMember 2024-04-01 0000880266 agco:OneAgMember us-gaap:DevelopedTechnologyRightsMember srt:MaximumMember 2024-04-01 0000880266 agco:OneAgMember us-gaap:CustomerRelationshipsMember 2024-04-01 2024-04-01 0000880266 agco:OneAgMember us-gaap:CustomerRelationshipsMember 2024-04-01 0000880266 agco:OneAgMember us-gaap:TradeNamesMember 2024-04-01 2024-04-01 0000880266 agco:OneAgMember us-gaap:TradeNamesMember 2024-04-01 0000880266 agco:OneAgMember agco:FavorableContractsMember 2024-04-01 2024-04-01 0000880266 agco:OneAgMember agco:FavorableContractsMember srt:MinimumMember 2024-04-01 0000880266 agco:OneAgMember agco:FavorableContractsMember srt:MaximumMember 2024-04-01 0000880266 agco:OneAgMember 2024-04-01 2024-06-30 0000880266 agco:OneAgMember 2023-04-01 2023-06-30 0000880266 agco:OneAgMember 2024-01-01 2024-06-30 0000880266 agco:OneAgMember 2023-01-01 2023-06-30 0000880266 agco:SubsidiariesPTxTrimbleLLCMember 2024-04-01 2024-06-30 0000880266 agco:GrainProteinGPMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember srt:ScenarioForecastMember 2024-12-31 0000880266 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember agco:GrainProteinGPMember 2024-04-01 2024-06-30 0000880266 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember agco:GrainProteinGPMember 2024-06-30 0000880266 agco:UnitedStatesCanadaEuropeandBrazilMember 2024-06-30 0000880266 agco:UnitedStatesCanadaEuropeandBrazilMember 2023-12-31 0000880266 us-gaap:TradeAccountsReceivableMember 2024-06-30 0000880266 us-gaap:TradeAccountsReceivableMember 2023-12-31 0000880266 us-gaap:OtherExpenseMember 2024-04-01 2024-06-30 0000880266 us-gaap:OtherExpenseMember 2024-01-01 2024-06-30 0000880266 u