ALG

MKT CAP:$2B

Alamo Group Inc.

Market Cap

$2B

Industrials·Agricultural - Machinery·🇺🇸 United States·NYSE

Industrials·Agricultural·🇺🇸·NYSE

Stock Price

$169.25-$1.18 (-0.69%)

Apr 22, 2026

Company Details

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offer...

CEO

Reuben Srinivasan

IPO Date

Mar 19, 1993

Website

www.alamo-group.com

Key Metrics TTM

Revenue

$1.6B

-1.5% YoY

Net Income

$104M

EPS (Diluted)

$8.59

Free Cash Flow

$147M

Revenue / Share

$132.79

Gross Margin

24.8%

Operating Margin

9.5%

Net Margin

6.5%

FCF Margin

9.2%

P/S

1.3x

P/E

20.3x

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 2, 2026

$1.6B-1.5%EPS $8.59

Q4 2025

Mar 2, 2026

$374M-3.0%EPS $1.28

Q3 2025

Nov 6, 2025

$420M+4.7%EPS $2.10

Q2 2025

Aug 6, 2025

$419M+0.7%EPS $2.57

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$362M	$87M	$29M
Q2 22	$396M	$100M	$41M
Q3 22	$369M	$92M	$36M
Q4 22	$387M	$98M	$43M
Q1 23	$412M	$113M	$49M
Q2 23	$441M	$118M	$54M
Q3 23	$420M	$114M	$50M
Q4 23	$418M	$109M	$45M
Q1 24	$426M	$112M	$47M
Q2 24	$416M	$108M	$43M
Q3 24	$401M	$101M	$40M
Q4 24	$385M	$92M	$34M
Q1 25	$391M	$103M	$44M
Q2 25	$419M	$108M	$47M
Q3 25	$420M	$102M	$38M
Q4 25	$374M	$85M	$23M

Valuation

Quarter	P/S	P/E
Q1 22	1.5x	25.9x
Q2 22	1.5x	25.2x
Q3 22	1.4x	22.9x
Q4 22	1.4x	20.7x
Q1 23	1.3x	18.0x
Q2 23	1.3x	16.9x
Q3 23	1.3x	15.7x
Q4 23	1.2x	15.5x
Q1 24	1.2x	15.6x
Q2 24	1.3x	16.6x
Q3 24	1.3x	17.6x
Q4 24	1.3x	18.2x
Q1 25	1.3x	18.2x
Q2 25	1.3x	17.8x
Q3 25	1.3x	18.1x
Q4 25	1.3x	20.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$55M	-$59M
Q2 22	$12M	$989.0K
Q3 22	$22M	$14M
Q4 22	$36M	$28M
Q1 23	$1M	-$8M
Q2 23	$36M	$27M
Q3 23	$40M	$31M
Q4 23	$54M	$43M
Q1 24	$1M	-$6M
Q2 24	$33M	$29M
Q3 24	$96M	$88M
Q4 24	$79M	$73M
Q1 25	$14M	$8M
Q2 25	$23M	$16M
Q3 25	$66M	$53M
Q4 25	$75M	$70M

Capital Expenditures

Quarter	CapEx
Q1 22	$4M
Q2 22	$11M
Q3 22	$9M
Q4 22	$8M
Q1 23	$9M
Q2 23	$9M
Q3 23	$9M
Q4 23	$11M
Q1 24	$7M
Q2 24	$4M
Q3 24	$8M
Q4 24	$6M
Q1 25	$6M
Q2 25	$7M
Q3 25	$12M
Q4 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+16.3%	+16.5%
Q2 22	+14.0%	+13.2%
Q3 22	+9.0%	+8.0%
Q4 22	+14.7%	+11.2%
Q1 23	+13.7%	+9.0%
Q2 23	+11.2%	+8.7%
Q3 23	+13.8%	+11.1%
Q4 23	+8.0%	+8.4%
Q1 24	+3.4%	+4.4%
Q2 24	-5.5%	-3.4%
Q3 24	-4.4%	-2.3%
Q4 24	-7.7%	-5.9%
Q1 25	-8.1%	-8.5%
Q2 25	+0.7%	-0.3%
Q3 25	+4.7%	+5.9%
Q4 25	-3.0%	+0.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	0.4%
Q2 22	$2M	0.4%
Q3 22	$2M	0.4%
Q4 22	$932.0K	0.2%
Q1 23	$2M	0.4%
Q2 23	$2M	0.4%
Q3 23	$2M	0.4%
Q4 23	$2M	0.5%
Q1 24	$2M	0.5%
Q2 24	$3M	0.6%
Q3 24	$2M	0.6%
Q4 24	$2M	0.5%
Q1 25	$2M	0.6%
Q2 25	$2M	0.6%
Q3 25	$4M	0.9%
Q4 25	$2M	0.4%

OpEx Breakdown

Quarter	SG&A
Q1 22	$54M
Q2 22	$55M
Q3 22	$53M
Q4 22	$51M
Q1 23	$60M
Q2 23	$60M
Q3 23	$61M
Q4 23	$60M
Q1 24	$61M
Q2 24	$61M
Q3 24	$57M
Q4 24	$53M
Q1 25	$54M
Q2 25	$57M
Q3 25	$60M
Q4 25	$64M

Revenue Segments

Quarter	Other Revenue Member	Parts Member	Wholegood Units Member	Parts	Wholegood Units	Other Revenue
Q1 22	$13M	$68M	$281M	—	—	—
Q2 22	$12M	$71M	$314M	—	—	—
Q3 22	$10M	$76M	$283M	—	—	—
Q4 22	—	—	—	$65M	$308M	—
Q1 23	$13M	$69M	$330M	—	—	—
Q2 23	$14M	$73M	$354M	—	—	—
Q3 23	$14M	$79M	$327M	—	—	—
Q1 24	$13M	$70M	$344M	—	—	—
Q2 24	—	—	—	$72M	$328M	$17M
Q3 24	—	—	—	$76M	$307M	$18M
Q1 25	—	—	—	$61M	$313M	$16M
Q2 25	—	—	—	$63M	$339M	$17M
Q3 25	—	—	—	$76M	$332M	$13M
Q4 25	—	—	—	$62M	$293M	$19M

Revenue by Geography

Quarter	Australia	Brazil	Canada	France	Netherlands	Other Geographical Areas Member	United States	Germany	Other Geographical Areas
Q1 22	$7M	$13M	$20M	$23M	$3M	$22M	$255M	—	—
Q2 22	$6M	$14M	$23M	$24M	$4M	$24M	$283M	$1M	—
Q3 22	$8M	$10M	$25M	$18M	$9M	$15M	$265M	$3M	—
Q2 23	$8M	$13M	$37M	$25M	$9M	$13M	$312M	$3M	—
Q3 23	$6M	$13M	$38M	$21M	$8M	$16M	$295M	$4M	—
Q2 24	$7M	$11M	$31M	$23M	$11M	—	$295M	$2M	$15M
Q4 24	$4M	$8M	$47M	$22M	$7M	—	$264M	$2M	$28M
Q4 25	$3M	$5M	$36M	$22M	$4M	—	$265M	$4M	$16M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$84M	$0	$84M
Q2 22	$76M	$0	$76M
Q3 22	$75M	$0	$75M
Q4 22	$47M	$0	$47M
Q1 23	$109M	$0	$109M
Q2 23	$112M	$0	$112M
Q3 23	$114M	$0	$114M
Q4 23	$52M	$0	$52M
Q1 24	$122M	$0	$122M
Q2 24	$119M	$0	$119M
Q3 24	$140M	$0	$140M
Q4 24	$197M	$0	$197M
Q1 25	$200M	$0	$200M
Q2 25	$202M	$0	$202M
Q3 25	$245M	$0	$245M
Q4 25	$310M	$0	$310M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	12M	+0.1%	+0.3%
Q2 22	12M	+0.2%	+0.3%
Q3 22	12M	+0.0%	+0.3%
Q4 22	12M	-0.0%	+0.3%
Q1 23	12M	+0.2%	+0.4%
Q2 23	12M	+0.3%	+0.5%
Q3 23	12M	+0.0%	+0.5%
Q4 23	12M	+0.0%	+0.5%
Q1 24	12M	+0.2%	+0.5%
Q2 24	12M	+0.2%	+0.4%
Q3 24	12M	-0.0%	+0.4%
Q4 24	12M	+0.0%	+0.4%
Q1 25	12M	+0.0%	+0.2%
Q2 25	12M	+0.3%	+0.3%
Q3 25	12M	+0.1%	+0.4%
Q4 25	12M	-0.1%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$86.2K	4K
Q2 22	$94.3K	4K
Q3 22	$87.8K	4K
Q4 22	$92.0K	4K
Q1 23	$98.0K	4K
Q2 23	$104.9K	4K
Q3 23	$99.9K	4K
Q4 23	$96.0K	4K
Q1 24	$97.8K	4K
Q2 24	$95.7K	4K
Q3 24	$92.3K	4K
Q4 24	$102.8K	4K
Q1 25	$104.3K	4K
Q2 25	$111.8K	4K
Q3 25	$112.0K	4K
Q4 25	$98.3K	4K

Revenue / Employee