AGCO (AGCO) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 5, 2026 astatine 10:32 AM CST 46 min read

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Thursday, February 5, 2026 astatine 10 a.m. ET

• Chairman, President, and Chief Executive Officer — Eric Hansotia

• Senior Vice President and Chief Financial Officer — Damon Audia

• Vice President of Investor Relations — Greg Peterson

Greg Peterson: Thanks, and bully morning. Welcome to those of you joining america for AGCO Corporation's 4th fourth 2025 net call. We volition notation to a descent presumption this greeting arsenic posted connected our website astatine www.agocorp.com. The non-GAAP measures utilized successful the descent presumption are reconciled to GAAP measures successful the appendix of the presentation. We volition marque forward-looking statements this morning, including statements astir our strategical plans and initiatives arsenic good arsenic our fiscal impacts. Demand, merchandise development, and superior expenditure plans and timing of those plans and our expectations concerning the costs and benefits of those plans and timing of those benefits.

We'll besides screen aboriginal revenue, harvest production, workplace income, accumulation levels, terms levels, margins, earnings, operating income, currency flow, engineering expense, taxation rates, and different fiscal metrics. All of these forward-looking statements are taxable to risks that could origin existent results to disagree materially from those suggested by the statements. These risks are further described successful the harmless harbor included connected Slide 2 successful the accompanying presentation. Actual results could disagree materially from those suggested successful these statements. Further accusation concerning these and different risks is included successful AGCO Corporation's filings with the SEC, including its Form 10-K and consequent Form 10-Q filings. AGCO Corporation disclaims immoderate work to update immoderate forward-looking statements but arsenic required by law.

We volition marque a replay of this telephone disposable connected our firm website aboriginal today. On the telephone with maine this greeting is Eric Hansotia, our chairman, president, and main enforcement serviceman arsenic good arsenic Damon Audia, our elder vice president and main fiscal officer. With that, Eric, delight spell ahead.

Eric Hansotia: Thanks, Greg, and bully greeting to everyone joining america today. We closed the twelvemonth with different beardown quarter, delivering an adjusted operating borderline of 10.1%, and 4th fourth nett income of $2.9 billion, which were up 1% twelvemonth implicit twelvemonth oregon up astir 4% excluding the atom and macromolecule divestiture. EEM continued to beryllium a almighty operator delivering 8% maturation and extending its multi-quarter grounds of beardown performance. On a full-year basis, we delivered a 7.7% adjusted operating margin. Adjusted net per stock were $5.28, connected income of $10.1 billion, reflecting a 13.5% alteration versus 2024, oregon conscionable 7% excluding the divested atom and macromolecule business.