AGCO Logo Argo: Your Agriculture Company 2022 Annual Report

Net sales (In millions)
2019 $9,041
2020 $9,150
2021 $11,138
Adjusted operating income* (In millions)
2019 $534
2020 $639
2021 $1,017
Adjusted earnings per share*
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 2022 % of total
North America $3,175M 25%
South America $2,122M 17%
EME $6,447M 51%
APA $907M 7%
  $12,651M  
Sales by Product 2022*
Tractors 59%
Replacement parts 13%
Other machinery 12%
Grain storage & protein production systems 9%
Combines 5%
Application equipment 3%

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