Alamo Group (ALG) FY2015 results: revenue $880 million, up 4.8% on the year
Alamo Group Inc. (ALG) reported revenue of $880 million for fiscal 2015, the year ended 31 December 2015, up 4.8% on the year before. Net income was $43 million, up 5.0%, and diluted earnings per share $3.76. The figures are the company's own, from the 10-K it filed with the SEC on 4 March 2016.
Revenue
$880 million
+4.8% on the year
FY2009FY2015
Operating margin
7.6%
7.5% a year earlier
FY2009FY2015
Net income
$43 million
+5.0% on the year
FY2009FY2015
Diluted EPS
$3.76
+9.9% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
880
839
682
+4.8%
Cost of revenue
677
650
524
+4.2%
Gross profit
202
189
159
+7.0%
Gross margin
23.0%
22.6%
23.2%
Selling, general and administrative
136
127
108
+7.4%
Operating income
66.5
62.7
50.7
+6.2%
Operating margin
7.6%
7.5%
7.4%
Interest expense
6.7
4.0
1.2
+66.6%
Pre-tax income
66.9
60.6
51.4
+10.3%
Income tax
23.7
19.5
15.3
+21.6%
Effective tax rate
35.4%
32.1%
29.8%
Net income
43.2
41.2
36.1
+5.0%
Net margin
4.9%
4.9%
5.3%
Diluted EPS
$3.76
$3.42
$2.96
+9.9%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
52.4
30.2
31.6
+73.5%
Capital expenditure
15.5
9.8
13.6
+57.9%
Free cash flow
36.9
20.4
18.0
+81.0%
Free cash flow margin
4.2%
2.4%
2.6%
Cash from investing
-14.7
-205
-14.2
Cash from financing
-48.1
153
-2.5
Depreciation and amortisation
14.5
12.7
8.9
+14.6%
Share-based compensation
1.1
2.0
1.5
-46.8%
Buybacks
0.0
0.0
0.0
Dividends paid
3.6
3.3
3.4
+9.0%
Dividend per share
$0.32
$0.28
$0.24
+14.3%
Diluted shares, weighted
11m
12m
12m
-4.6%
Shares outstanding at period end
11m
11m
12m
+0.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
360
338
350
+6.8%
Debt
144
191
0.4
-24.4%
Other liabilities
99.0
105
87.6
-5.4%
Total liabilities and equity
604
633
438
-4.6%
Fixed assets
71.0
71.2
61.9
-0.3%
Goodwill
75.5
75.7
32.1
-0.2%
Intangible assets
53.0
57.0
5.5
-7.1%
Cash and equivalents
26.9
39.5
64.0
-31.9%
Receivables
178
175
151
+1.9%
Inventory
151
166
109
-9.2%
Other assets
48.1
48.4
14.5
-0.6%
Total assets
604
633
438
-4.6%
10-K for the year ended 31 December 2015, filed 4 March 2016: the filing.