Alamo Group (ALG) FY2021 results: revenue $1.3 billion, up 14.7% on the year
Alamo Group Inc. (ALG) reported revenue of $1.3 billion for fiscal 2021, the year ended 31 December 2021, up 14.7% on the year before. Net income was $80 million, up 38.8%, and diluted earnings per share $6.75. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$1.3 billion
+14.7% on the year
FY2014FY2021
Operating margin
8.8%
8.1% a year earlier
FY2014FY2021
Net income
$80 million
+38.8% on the year
FY2014FY2021
Diluted EPS
$6.75
+38.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
49.7
184
88.8
-73.1%
Capital expenditure
25.3
17.9
31.3
+41.3%
Free cash flow
24.4
166
57.5
-85.3%
Free cash flow margin
1.8%
14.3%
5.1%
Cash from investing
-33.4
-14.2
-430
Cash from financing
-23.0
-164
349
Depreciation and amortisation
35.9
34.0
20.6
+5.5%
Share-based compensation
6.0
4.1
3.3
+45.4%
Buybacks
2.0
0.7
0.6
+175.6%
Dividends paid
6.6
6.1
5.6
+8.2%
Dividend per share
$0.56
$0.52
$0.48
+7.7%
Diluted shares, weighted
12m
12m
12m
+0.4%
Shares outstanding at period end
12m
12m
12m
+0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
706
635
578
+11.1%
Debt
270
285
425
-5.5%
Operating lease liabilities
12.2
10.6
9.0
+15.8%
Finance lease liabilities
0.0
0.1
0.2
-72.4%
Other liabilities
218
191
201
+14.4%
Total liabilities and equity
1,206
1,122
1,213
+7.5%
Goodwill
202
195
198
+3.7%
Intangible assets
183
193
206
-5.0%
Cash and equivalents
42.1
50.2
42.3
-16.1%
Receivables
238
209
238
+13.7%
Inventory
321
243
268
+32.3%
Other assets
219
232
261
-5.5%
Total assets
1,206
1,122
1,213
+7.5%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.