ALG Q2 2024 Earnings — Alamo Group Inc. Revenue & Financial Results | Market Cap Arena

ALGAlamo Group Inc.

$2B

Q2 2024 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$416M-5.5% YoY

Gross Profit

$108M26.0% margin

Operating Income

$43M10.4% margin

Net Income

$28M6.8% margin

EPS (Diluted)

$2.35

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$29M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$526M

Stockholders' Equity

$980M

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$416M	$441M	-5.5%
Gross Profit	$108M	$118M	-8.4%
Operating Income	$43M	$54M	-20.4%
Net Income	$28M	$36M	-22.1%

Revenue Segments

Wholegood Units

$328M79%

Parts

$72M17%

Other Revenue

$17M4%

Geographic Segments

UNITED STATES

$295M75%

CANADA

$31M8%

FRANCE

$23M6%

Other Geographical Areas

$15M4%

BRAZIL

$11M3%

NETHERLANDS

$11M3%

AUSTRALIA

$7M2%

GERMANY

$2M1%