vs

Side-by-side financial comparison of AGCO CORP (AGCO) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

AGCO CORP is the larger business by last-quarter revenue ($2.9B vs $2.8B, roughly 1.0× PAN AMERICAN SILVER CORP).

AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

AGCO vs PAAS — Head-to-Head

Bigger by revenue
AGCO
AGCO
1.0× larger
AGCO
$2.9B
$2.8B
PAAS

Income Statement — Q4 FY2025 vs Q3 FY2022

Metric
AGCO
AGCO
PAAS
PAAS
Revenue
$2.9B
$2.8B
Net Profit
$95.5M
Gross Margin
25.4%
27.0%
Operating Margin
7.9%
Net Margin
3.3%
Revenue YoY
1.1%
Net Profit YoY
137.3%
EPS (diluted)
$1.30
$-1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGCO
AGCO
PAAS
PAAS
Q4 25
$2.9B
Q3 25
$2.5B
Q2 25
$2.6B
Q1 25
$2.1B
Q4 24
$2.9B
Q3 24
$2.6B
Q2 24
$3.2B
Q1 24
$2.9B
Net Profit
AGCO
AGCO
PAAS
PAAS
Q4 25
$95.5M
Q3 25
$305.7M
Q2 25
$314.8M
Q1 25
$10.5M
Q4 24
$-255.7M
Q3 24
$30.0M
Q2 24
$-367.1M
Q1 24
$168.0M
Gross Margin
AGCO
AGCO
PAAS
PAAS
Q4 25
25.4%
Q3 25
26.1%
Q2 25
25.0%
Q1 25
25.4%
Q4 24
23.9%
Q3 24
23.2%
Q2 24
25.8%
Q1 24
26.3%
Operating Margin
AGCO
AGCO
PAAS
PAAS
Q4 25
7.9%
Q3 25
6.1%
Q2 25
6.2%
Q1 25
2.4%
Q4 24
-9.3%
Q3 24
4.4%
Q2 24
-7.4%
Q1 24
9.3%
Net Margin
AGCO
AGCO
PAAS
PAAS
Q4 25
3.3%
Q3 25
12.3%
Q2 25
11.9%
Q1 25
0.5%
Q4 24
-8.9%
Q3 24
1.2%
Q2 24
-11.3%
Q1 24
5.7%
EPS (diluted)
AGCO
AGCO
PAAS
PAAS
Q4 25
$1.30
Q3 25
$4.09
Q2 25
$4.22
Q1 25
$0.14
Q4 24
$-3.42
Q3 24
$0.40
Q2 24
$-4.92
Q1 24
$2.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGCO
AGCO
PAAS
PAAS
Cash + ST InvestmentsLiquidity on hand
$861.8M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$4.3B
Total Assets
$11.9B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGCO
AGCO
PAAS
PAAS
Q4 25
$861.8M
Q3 25
$884.1M
Q2 25
$783.9M
Q1 25
$562.6M
Q4 24
$612.7M
Q3 24
$622.6M
Q2 24
$657.3M
Q1 24
$2.5B
Total Debt
AGCO
AGCO
PAAS
PAAS
Q4 25
$2.4B
Q3 25
$2.7B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$4.0B
Q2 24
$3.9B
Q1 24
$3.7B
Stockholders' Equity
AGCO
AGCO
PAAS
PAAS
Q4 25
$4.3B
Q3 25
$4.5B
Q2 25
$4.2B
Q1 25
$3.8B
Q4 24
$3.7B
Q3 24
$4.1B
Q2 24
$4.1B
Q1 24
$4.8B
Total Assets
AGCO
AGCO
PAAS
PAAS
Q4 25
$11.9B
Q3 25
$12.5B
Q2 25
$12.3B
Q1 25
$11.5B
Q4 24
$11.2B
Q3 24
$13.5B
Q2 24
$13.6B
Q1 24
$13.5B
Debt / Equity
AGCO
AGCO
PAAS
PAAS
Q4 25
0.56×
Q3 25
0.61×
Q2 25
0.68×
Q1 25
0.74×
Q4 24
0.68×
Q3 24
0.95×
Q2 24
0.95×
Q1 24
0.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGCO
AGCO
PAAS
PAAS
Operating Cash FlowLast quarter
$763.6M
Free Cash FlowOCF − Capex
$675.0M
FCF MarginFCF / Revenue
23.1%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
8.00×
TTM Free Cash FlowTrailing 4 quarters
$740.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGCO
AGCO
PAAS
PAAS
Q4 25
$763.6M
Q3 25
$71.0M
Q2 25
$365.7M
Q1 25
$-212.2M
Q4 24
$797.9M
Q3 24
$26.5M
Q2 24
$235.5M
Q1 24
$-370.0M
Free Cash Flow
AGCO
AGCO
PAAS
PAAS
Q4 25
$675.0M
Q3 25
$2.1M
Q2 25
$323.5M
Q1 25
$-260.4M
Q4 24
$683.9M
Q3 24
$-59.8M
Q2 24
$137.5M
Q1 24
$-465.0M
FCF Margin
AGCO
AGCO
PAAS
PAAS
Q4 25
23.1%
Q3 25
0.1%
Q2 25
12.3%
Q1 25
-12.7%
Q4 24
23.7%
Q3 24
-2.3%
Q2 24
4.2%
Q1 24
-15.9%
Capex Intensity
AGCO
AGCO
PAAS
PAAS
Q4 25
3.0%
Q3 25
2.8%
Q2 25
1.6%
Q1 25
2.4%
Q4 24
3.9%
Q3 24
3.3%
Q2 24
3.0%
Q1 24
3.2%
Cash Conversion
AGCO
AGCO
PAAS
PAAS
Q4 25
8.00×
Q3 25
0.23×
Q2 25
1.16×
Q1 25
-20.21×
Q4 24
Q3 24
0.88×
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons