AGCO Logo Argo: Your Agriculture Company 2021 Annual Report

Net sales (In millions)
2019 $9,041
2020 $9,150
2021 $11,138
Adjusted operating income*
2019 $534
2020 $639
2021 $1,017
Adjusted earnings per share* (In millions)
2019 $4.44
2020 $5.61
2021 $10.38
Free cash flow* (In millions)
2019 $423
2020 $627
2021 $390
* See reconciliation of non-GAAP measures

Sales highlights

Net Sales by Region 2021 % of total
North America $2.7B 24%
South America $1.3B 12%
EME $6.2B 56%
APA $0.9B 8%
$11.1B  
Sales by Product 2021*
Tractors 57%
Replacement parts 15%
Other machinery 12%
Grain storage & protein production systems 10%
Combines 4%
Application equipment 3%

*The summation of these individual percentages does not total due to rounding