ALG Q1 2024 Earnings — Alamo Group Inc. Revenue & Financial Results | Market Cap Arena

ALGAlamo Group Inc.

$2B

Q1 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$426M+3.4% YoY

Gross Profit

$112M26.2% margin

Operating Income

$47M11.0% margin

Net Income

$32M7.5% margin

EPS (Diluted)

$2.67

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$563M

Stockholders' Equity

$957M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$426M	$412M	+3.4%
Gross Profit	$112M	$113M	-0.8%
Operating Income	$47M	$49M	-4.2%
Net Income	$32M	$33M	-3.7%

Revenue Segments

WholegoodUnitsMember

$344M81%

PartsMember

$70M16%

OtherRevenueMember

$13M3%

Geographic Segments

UNITED STATES

$294M73%

CANADA

$39M10%

FRANCE

$26M7%

OtherGeographicalAreasMember

$13M3%

BRAZIL

$12M3%

NETHERLANDS

$10M3%

AUSTRALIA

$5M1%

GERMANY

$3M1%