Alamo Group (ALG) FY2022 results: revenue $1.5 billion, up 13.4% on the year
Alamo Group Inc. (ALG) reported revenue of $1.5 billion for fiscal 2022, the year ended 31 December 2022, up 13.4% on the year before. Net income was $102 million, up 27.0%, and diluted earnings per share $8.54. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$1.5 billion
+13.4% on the year
FY2015FY2022
Operating margin
9.8%
8.8% a year earlier
FY2015FY2022
Net income
$102 million
+27.0% on the year
FY2015FY2022
Diluted EPS
$8.54
+26.5% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
14.5
49.7
184
-70.7%
Capital expenditure
31.1
25.3
17.9
+23.3%
Free cash flow
-16.6
24.4
166
Free cash flow margin
-1.1%
1.8%
14.3%
Cash from investing
-31.7
-33.4
-14.2
Cash from financing
24.5
-23.0
-164
Depreciation and amortisation
39.0
35.9
34.0
+8.6%
Share-based compensation
5.6
6.0
4.1
-7.1%
Buybacks
0.8
2.0
0.7
-60.8%
Dividends paid
8.5
6.6
6.1
+29.0%
Dividend per share
$0.72
$0.56
$0.52
+28.6%
Diluted shares, weighted
12m
12m
12m
+0.3%
Shares outstanding at period end
12m
12m
12m
+0.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
785
706
635
+11.3%
Debt
302
270
285
+12.0%
Operating lease liabilities
12.8
12.2
10.6
+5.0%
Finance lease liabilities
0.0
0.0
0.1
-37.5%
Other liabilities
208
218
191
-4.6%
Total liabilities and equity
1,309
1,206
1,122
+8.5%
Goodwill
196
202
195
-3.2%
Intangible assets
171
183
193
-6.6%
Cash and equivalents
47.0
42.1
50.2
+11.6%
Receivables
318
238
209
+33.5%
Inventory
353
321
243
+9.9%
Other assets
224
219
232
+2.4%
Total assets
1,309
1,206
1,122
+8.5%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.