ALG Q2 2023 Earnings — Alamo Group Inc. Revenue & Financial Results | Market Cap Arena

ALGAlamo Group Inc.

$2B

Q2 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$441M+11.2% YoY

Gross Profit

$118M26.8% margin

Operating Income

$54M12.3% margin

Net Income

$36M8.3% margin

EPS (Diluted)

$3.03

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$27M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$592M

Stockholders' Equity

$866M

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$441M	$396M	+11.2%
Gross Profit	$118M	$100M	+18.4%
Operating Income	$54M	$41M	+32.9%
Net Income	$36M	$28M	+27.8%

Revenue Segments

WholegoodUnitsMember

$354M80%

PartsMember

$73M17%

OtherRevenueMember

$14M3%

Geographic Segments

UNITED STATES

$312M74%

CANADA

$37M9%

FRANCE

$25M6%

OtherGeographicalAreasMember

$13M3%

BRAZIL

$13M3%

NETHERLANDS

$9M2%

AUSTRALIA

$8M2%

GERMANY

$3M1%