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Side-by-side financial comparison of AGCO CORP (AGCO) and Royal Caribbean Group (RCL). Click either name above to swap in a different company.
Royal Caribbean Group is the larger business by last-quarter revenue ($4.5B vs $2.9B, roughly 1.5× AGCO CORP). Royal Caribbean Group runs the higher net margin — 21.3% vs 3.3%, a 18.1% gap on every dollar of revenue. On growth, Royal Caribbean Group posted the faster year-over-year revenue change (11.3% vs 1.1%). Over the past eight quarters, Royal Caribbean Group's revenue compounded faster (4.1% CAGR vs -0.1%).
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.
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...
AGCO vs RCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $4.5B |
| Net Profit | $95.5M | $950.0M |
| Gross Margin | 25.4% | — |
| Operating Margin | 7.9% | 26.1% |
| Net Margin | 3.3% | 21.3% |
| Revenue YoY | 1.1% | 11.3% |
| Net Profit YoY | 137.3% | 29.1% |
| EPS (diluted) | $1.30 | $3.48 |
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.
| Q1 26 | — | $4.5B | ||
| Q4 25 | $2.9B | $4.3B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.6B | $4.5B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.9B | $3.8B | ||
| Q3 24 | $2.6B | $4.9B | ||
| Q2 24 | $3.2B | $4.1B |
| Q1 26 | — | $950.0M | ||
| Q4 25 | $95.5M | $753.0M | ||
| Q3 25 | $305.7M | $1.6B | ||
| Q2 25 | $314.8M | $1.2B | ||
| Q1 25 | $10.5M | $730.0M | ||
| Q4 24 | $-255.7M | $552.0M | ||
| Q3 24 | $30.0M | $1.1B | ||
| Q2 24 | $-367.1M | $854.0M |
| Q1 26 | — | — | ||
| Q4 25 | 25.4% | 47.4% | ||
| Q3 25 | 26.1% | 51.8% | ||
| Q2 25 | 25.0% | 49.7% | ||
| Q1 25 | 25.4% | 48.0% | ||
| Q4 24 | 23.9% | 45.4% | ||
| Q3 24 | 23.2% | 51.1% | ||
| Q2 24 | 25.8% | 47.6% |
| Q1 26 | — | 26.1% | ||
| Q4 25 | 7.9% | 21.9% | ||
| Q3 25 | 6.1% | 33.1% | ||
| Q2 25 | 6.2% | 29.3% | ||
| Q1 25 | 2.4% | 23.6% | ||
| Q4 24 | -9.3% | 16.6% | ||
| Q3 24 | 4.4% | 33.4% | ||
| Q2 24 | -7.4% | 26.7% |
| Q1 26 | — | 21.3% | ||
| Q4 25 | 3.3% | 17.7% | ||
| Q3 25 | 12.3% | 30.6% | ||
| Q2 25 | 11.9% | 26.7% | ||
| Q1 25 | 0.5% | 18.3% | ||
| Q4 24 | -8.9% | 14.7% | ||
| Q3 24 | 1.2% | 22.7% | ||
| Q2 24 | -11.3% | 20.8% |
| Q1 26 | — | $3.48 | ||
| Q4 25 | $1.30 | $2.76 | ||
| Q3 25 | $4.09 | $5.74 | ||
| Q2 25 | $4.22 | $4.41 | ||
| Q1 25 | $0.14 | $2.70 | ||
| Q4 24 | $-3.42 | $2.27 | ||
| Q3 24 | $0.40 | $4.21 | ||
| Q2 24 | $-4.92 | $3.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $861.8M | $512.0M |
| Total DebtLower is stronger | $2.4B | $21.1B |
| Stockholders' EquityBook value | $4.3B | $10.0B |
| Total Assets | $11.9B | $42.0B |
| Debt / EquityLower = less leverage | 0.56× | 2.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $512.0M | ||
| Q4 25 | $861.8M | $825.0M | ||
| Q3 25 | $884.1M | $432.0M | ||
| Q2 25 | $783.9M | $735.0M | ||
| Q1 25 | $562.6M | $386.0M | ||
| Q4 24 | $612.7M | $388.0M | ||
| Q3 24 | $622.6M | $418.0M | ||
| Q2 24 | $657.3M | $391.0M |
| Q1 26 | — | $21.1B | ||
| Q4 25 | $2.4B | $18.2B | ||
| Q3 25 | $2.7B | $17.2B | ||
| Q2 25 | $2.8B | $17.6B | ||
| Q1 25 | $2.8B | $18.0B | ||
| Q4 24 | $2.6B | $18.5B | ||
| Q3 24 | $4.0B | $19.0B | ||
| Q2 24 | $3.9B | $19.8B |
| Q1 26 | — | $10.0B | ||
| Q4 25 | $4.3B | $10.0B | ||
| Q3 25 | $4.5B | $10.1B | ||
| Q2 25 | $4.2B | $9.2B | ||
| Q1 25 | $3.8B | $8.0B | ||
| Q4 24 | $3.7B | $7.6B | ||
| Q3 24 | $4.1B | $7.0B | ||
| Q2 24 | $4.1B | $6.0B |
| Q1 26 | — | $42.0B | ||
| Q4 25 | $11.9B | $41.6B | ||
| Q3 25 | $12.5B | $40.1B | ||
| Q2 25 | $12.3B | $38.5B | ||
| Q1 25 | $11.5B | $37.5B | ||
| Q4 24 | $11.2B | $37.1B | ||
| Q3 24 | $13.5B | $37.1B | ||
| Q2 24 | $13.6B | $37.0B |
| Q1 26 | — | 2.11× | ||
| Q4 25 | 0.56× | 1.81× | ||
| Q3 25 | 0.61× | 1.70× | ||
| Q2 25 | 0.68× | 1.92× | ||
| Q1 25 | 0.74× | 2.26× | ||
| Q4 24 | 0.68× | 2.44× | ||
| Q3 24 | 0.95× | 2.69× | ||
| Q2 24 | 0.95× | 3.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $763.6M | $1.8B |
| Free Cash FlowOCF − Capex | $675.0M | — |
| FCF MarginFCF / Revenue | 23.1% | — |
| Capex IntensityCapex / Revenue | 3.0% | — |
| Cash ConversionOCF / Net Profit | 8.00× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $740.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.8B | ||
| Q4 25 | $763.6M | $1.6B | ||
| Q3 25 | $71.0M | $1.5B | ||
| Q2 25 | $365.7M | $1.7B | ||
| Q1 25 | $-212.2M | $1.6B | ||
| Q4 24 | $797.9M | $1.5B | ||
| Q3 24 | $26.5M | $897.0M | ||
| Q2 24 | $235.5M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $675.0M | $116.0M | ||
| Q3 25 | $2.1M | $-989.0M | ||
| Q2 25 | $323.5M | $910.0M | ||
| Q1 25 | $-260.4M | $1.2B | ||
| Q4 24 | $683.9M | $915.0M | ||
| Q3 24 | $-59.8M | $563.0M | ||
| Q2 24 | $137.5M | $-567.0M |
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | 2.7% | ||
| Q3 25 | 0.1% | -19.2% | ||
| Q2 25 | 12.3% | 20.1% | ||
| Q1 25 | -12.7% | 30.0% | ||
| Q4 24 | 23.7% | 24.3% | ||
| Q3 24 | -2.3% | 11.5% | ||
| Q2 24 | 4.2% | -13.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 35.4% | ||
| Q3 25 | 2.8% | 47.8% | ||
| Q2 25 | 1.6% | 18.4% | ||
| Q1 25 | 2.4% | 10.7% | ||
| Q4 24 | 3.9% | 14.7% | ||
| Q3 24 | 3.3% | 6.8% | ||
| Q2 24 | 3.0% | 52.1% |
| Q1 26 | — | 1.93× | ||
| Q4 25 | 8.00× | 2.16× | ||
| Q3 25 | 0.23× | 0.93× | ||
| Q2 25 | 1.16× | 1.44× | ||
| Q1 25 | -20.21× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 0.88× | 0.81× | ||
| Q2 24 | — | 1.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGCO
Segment breakdown not available.
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
