Adecoagro S.A. Financial Statements
NYSE: AGROConsumer StaplesFarming/Seeds/MillingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Adecoagro S.A. revenue and earnings
In fiscal 2024, Adecoagro S.A. generated $1.52 billion in revenue, up 16.9% from fiscal 2023. Net income was $92.3 million (-59.2% year over year), for a net margin of 6.1% versus a median of 8.0% in the prior 5 years. Gross margin was 28.6% (down from 32.0%) and operating margin 12.0%.
Diluted earnings per share came in at $0.896, down from $2.11. Over the last 5 fiscal years, AGRO's revenue has grown at a 11.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Adecoagro S.A. income statement (annual)
| Fiscal year (USD) | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.52B | 1.30B | 1.35B | 1.12B | 817.76M | 887.14M | 793.24M | 933.18M | 869.24M | 674.31M |
| Revenue growth (YoY) | +16.94% | -3.62% | +19.87% | +37.49% | -7.82% | +11.84% | -15.00% | +7.36% | +28.91% | — |
| Cost of Revenue | 1.20B | 973.18M | 1.08B | 854.97M | 611.95M | 671.17M | 609.97M | 766.73M | 678.58M | 557.79M |
| Gross Profit | 434.84M | 415.39M | 465.63M | 484.25M | 335.55M | 286.38M | 198.56M | 238.52M | 310.27M | 185.75M |
| Operating Expenses | 252.54M | 173.82M | 215.82M | 206.22M | 146.50M | 165.00M | 42.06M | 108.94M | 125.67M | 90.31M |
| Operating Income | 182.30M | 241.56M | 249.80M | 278.02M | 189.05M | 121.38M | 156.50M | 129.59M | 184.60M | 95.44M |
| Interest Expense | 166.44M | 122.09M | 137.60M | 151.68M | 213.78M | 202.57M | 163.94M | 131.35M | 165.38M | 116.89M |
| Pretax Income | 35.09M | 305.39M | 135.36M | 174.55M | 13.39M | 21.16M | -24.26M | 9.98M | 27.18M | -12.30M |
| Income Tax | -57.02M | 78.67M | 26.76M | 43.84M | 12.32M | 20.82M | -1.02M | -4.99M | 12.90M | -7.95M |
| Net Income | 92.34M | 226.29M | 108.14M | 130.67M | 412.00K | -772.00K | -24.62M | 13.20M | 11.57M | -5.59M |
| Net Income growth (YoY) | -59.19% | +109.26% | -17.24% | +31615.78% | — | — | -286.56% | +14.09% | — | — |
| EPS (Basic) | 0.90 | 2.11 | 0.982 | 1.14 | 0.003 | -0.007 | -0.211 | 0.109 | 0.095 | -0.046 |
| EPS (Diluted) | 0.896 | 2.11 | 0.979 | 1.13 | 0.003 | -0.007 | -0.211 | 0.108 | 0.094 | -0.046 |
| Shares Outstanding (Basic) | 102.60M | 107.09M | 110.08M | 115.15M | 117.45M | 117.25M | 116.64M | 120.60M | 121.42M | 120.90M |
| Shares Outstanding (Diluted) | 103.07M | 107.49M | 110.44M | 115.61M | 117.71M | 117.90M | 117.83M | 122.20M | 123.12M | 122.35M |
| EBITDA | 371.48M | 399.65M | 405.56M | 412.53M | 303.50M | 262.11M | 284.07M | 256.80M | 293.77M | 185.98M |
| Gross Margin | 28.63% | 31.98% | 34.55% | 43.07% | 41.03% | 32.28% | 25.03% | 25.56% | 35.69% | 27.55% |
| Operating Margin | 12.00% | 18.60% | 18.53% | 24.73% | 23.12% | 13.68% | 19.73% | 13.89% | 21.24% | 14.15% |
| Net Margin | 6.08% | 17.42% | 8.02% | 11.62% | 5.00% | -9.00% | -3.10% | 141.00% | 133.00% | -83.00% |
This table shows 10 annual periods of Adecoagro S.A.'s income statement, from FY 2024 back to FY 2015, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AGRO's reporting calendar. What is a income statement?