Alamo Group (ALG) FY2024 results: revenue $1.6 billion, down 3.6% on the year
Alamo Group Inc. (ALG) reported revenue of $1.6 billion for fiscal 2024, the year ended 31 December 2024, down 3.6% on the year before. Net income was $116 million, down 14.9%, and diluted earnings per share $9.63. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$1.6 billion
-3.6% on the year
FY2017FY2024
Operating margin
10.1%
11.7% a year earlier
FY2017FY2024
Net income
$116 million
-14.9% on the year
FY2017FY2024
Diluted EPS
$9.63
-15.2% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
210
131
14.5
+59.9%
Capital expenditure
25.0
37.7
31.1
-33.8%
Free cash flow
185
93.4
-16.6
+97.8%
Free cash flow margin
11.3%
5.5%
-1.1%
Cash from investing
-22.2
-52.6
-31.7
Cash from financing
-32.0
-76.9
24.5
Depreciation and amortisation
43.1
39.2
39.0
+10.0%
Share-based compensation
9.1
7.4
5.6
+23.1%
Buybacks
2.0
1.0
0.8
+90.7%
Dividends paid
12.4
10.5
8.5
+18.7%
Dividend per share
$1.04
$0.88
$0.72
+18.2%
Diluted shares, weighted
12m
12m
12m
+0.4%
Shares outstanding at period end
12m
12m
12m
+0.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,018
933
785
+9.2%
Debt
220
235
302
-6.3%
Operating lease liabilities
11.8
11.3
12.8
+4.6%
Finance lease liabilities
n/a
0.1
0.0
Other liabilities
200
230
208
-13.2%
Total liabilities and equity
1,450
1,409
1,309
+2.9%
Goodwill
203
207
196
-1.7%
Intangible assets
151
168
171
-10.1%
Cash and equivalents
197
51.9
47.0
+280.0%
Receivables
306
362
318
-15.6%
Inventory
343
377
353
-9.0%
Other assets
250
243
224
+2.7%
Total assets
1,450
1,409
1,309
+2.9%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.