AVD

MKT CAP:$84M

American Vanguard Corporation

Market Cap

$84M

Basic Materials·Agricultural Inputs·🇺🇸 United States·NYSE

Materials·Agricultural·🇺🇸·NYSE

Stock Price

$2.78-$1.03 (-27.03%)

Apr 23, 2026

Company Details

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemic...

CEO

Douglas A. Kaye

IPO Date

Mar 3, 1987

Website

www.american-vanguard.com

Key Metrics TTM

Revenue

$530M

-4.3% YoY

Net Income

-$112M

EPS (Diluted)

-$3.97

Free Cash Flow

$3M

Revenue / Share

$18.59

Gross Margin

24.1%

Operating Margin

-14.4%

Net Margin

-21.1%

FCF Margin

0.5%

P/S

0.2x

P/E

—

Earnings Reports

Q4 2025

May 11, 2026

PENDING

Q3 2025

Nov 10, 2025

$119M+0.9%EPS -$0.43

Q2 2025

Jul 31, 2025

$129M+0.9%EPS -$0.03

Q1 2025

Jun 6, 2025

$116M-14.3%EPS -$0.30

FY 2024

May 29, 2025

$547M-5.5%EPS -$4.50

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$160M	$60M	$9M
Q1 22	$150M	$51M	$15M
Q2 22	$148M	$60M	$11M
Q3 22	$152M	$50M	$11M
Q4 22	$160M	$42M	$4M
Q1 23	$125M	$39M	$3M
Q2 23	$133M	$43M	$4M
Q3 23	$150M	$43M	$4M
Q4 23	$172M	$55M	$12M
Q1 24	$135M	$42M	$6M
Q2 24	$128M	$38M	-$9M
Q3 24	$118M	$17M	-$28M
Q4 24	$166M	$23M	-$70M
Q1 25	$116M	$30M	-$4M
Q2 25	$129M	$41M	$4M
Q3 25	$119M	$34M	-$7M

Valuation

Quarter	P/S	P/E
Q4 21	0.9x	25.9x
Q1 22	1.0x	22.9x
Q2 22	1.1x	24.1x
Q3 22	1.0x	20.5x
Q4 22	1.0x	22.7x
Q1 23	1.0x	31.6x
Q2 23	0.9x	43.9x
Q3 23	0.5x	70.1x
Q4 23	0.5x	41.8x
Q1 24	0.6x	51.5x
Q2 24	0.4x	—
Q3 24	0.3x	—
Q4 24	0.2x	—
Q1 25	0.2x	—
Q2 25	0.2x	—
Q3 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$87M	$85M
Q1 22	-$32M	-$37M
Q2 22	$5M	$3M
Q3 22	-$18M	-$22M
Q4 22	$103M	$98M
Q1 23	-$41M	-$44M
Q2 23	-$55M	-$60M
Q3 23	-$49M	-$51M
Q4 23	$87M	$84M
Q1 24	-$36M	-$40M
Q2 24	-$13M	-$16M
Q3 24	$28M	$27M
Q4 24	$34M	$33M
Q1 25	-$21M	-$21M
Q2 25	-$19M	-$20M
Q3 25	$13M	$11M

Capital Expenditures

Quarter	CapEx
Q4 21	$2M
Q1 22	$4M
Q2 22	$2M
Q3 22	$3M
Q4 22	$5M
Q1 23	$3M
Q2 23	$5M
Q3 23	$2M
Q4 23	$3M
Q1 24	$4M
Q2 24	$3M
Q3 24	$1M
Q4 24	$1M
Q1 25	$458.0K
Q2 25	$589.0K
Q3 25	$1M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+13.4%	+14.8%
Q1 22	+28.8%	+19.9%
Q2 22	+10.0%	+9.3%
Q3 22	+3.4%	+1.9%
Q4 22	-0.0%	+3.6%
Q1 23	-16.5%	-9.8%
Q2 23	-10.3%	-6.0%
Q3 23	-1.8%	+3.1%
Q4 23	+7.9%	+2.8%
Q1 24	+8.2%	+6.1%
Q2 24	-3.4%	+6.5%
Q3 24	-20.9%	+0.9%
Q4 24	-3.8%	+47.2%
Q1 25	-14.3%	-6.9%
Q2 25	+0.9%	-9.1%
Q3 25	+0.9%	-14.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$2M	1.0%
Q1 22	$2M	1.0%
Q2 22	$1M	0.9%
Q3 22	$2M	1.0%
Q4 22	$1M	0.8%
Q1 23	$1M	1.2%
Q2 23	$1M	0.8%
Q3 23	$2M	1.1%
Q4 23	$2M	1.1%
Q1 24	$2M	1.5%
Q2 24	$747.0K	0.6%
Q3 24	$0	0.0%
Q4 24	$525.0K	0.3%
Q1 25	$559.0K	0.5%
Q2 25	$0	0.0%
Q3 25	$760.0K	0.6%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 21	$11M	$15M	$28M
Q1 22	$7M	$15M	$11M
Q2 22	$8M	$18M	$23M
Q3 22	$9M	$16M	$14M
Q4 22	$12M	$52M	$32M
Q1 23	$9M	$10M	$13M
Q2 23	$9M	$17M	$13M
Q3 23	$9M	$15M	$15M
Q4 23	$11M	$25M	$6M
Q1 24	$6M	$14M	$13M
Q2 24	$9M	$12M	$13M
Q3 24	$11M	$11M	$13M
Q4 24	$7M	$29M	$4M
Q1 25	$6M	$15M	$11M
Q2 25	$6M	$14M	$12M
Q3 25	$6M	$13M	$11M

Revenue Segments

Quarter

Revenue by Geography

Quarter	Non Us	United States	Non-US
Q4 21	$61M	$98M	—
Q1 22	$48M	$102M	—
Q2 22	$64M	$85M	—
Q3 22	$64M	$88M	—
Q4 22	—	$91M	$69M
Q1 23	$49M	$76M	—
Q3 23	—	$87M	$63M
Q1 24	$50M	$85M	—
Q2 24	—	$71M	$57M
Q3 24	—	$58M	$60M
Q1 25	$43M	$73M	—
Q2 25	—	$72M	$57M
Q3 25	—	$63M	$57M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$18M	$0	$18M
Q2 22	$22M	$0	$22M
Q3 22	$21M	$0	$21M
Q4 22	$20M	$0	$20M
Q1 23	$20M	$0	$20M
Q2 23	$15M	$0	$15M
Q3 23	$12M	$0	$12M
Q4 23	$11M	$0	$11M
Q1 24	$14M	$0	$14M
Q2 24	$18M	$0	$18M
Q3 24	$12M	$0	$12M
Q4 24	$13M	$0	$13M
Q1 25	$12M	$0	$12M
Q2 25	$14M	$0	$14M
Q3 25	$17M	$0	$17M
Q4 25	$12M	$0	$12M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	30M	0.0%	+0.6%
Q1 22	30M	-0.1%	-0.6%
Q2 22	30M	-0.4%	-0.9%
Q3 22	30M	-1.4%	-1.9%
Q4 22	29M	-1.3%	-3.2%
Q1 23	29M	-1.2%	-4.2%
Q2 23	28M	-2.2%	-5.9%
Q3 23	28M	-1.8%	-6.3%
Q4 23	29M	+3.0%	-2.2%
Q1 24	28M	-2.2%	-3.3%
Q2 24	28M	-0.4%	-1.4%
Q3 24	28M	+0.5%	+0.9%
Q4 24	28M	-0.0%	-2.1%
Q1 25	28M	+0.4%	+0.5%
Q2 25	28M	+0.3%	+1.1%
Q3 25	29M	+0.6%	+1.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$198.5K	804
Q1 22	$186.1K	804
Q2 22	$184.2K	804
Q3 22	$189.4K	804
Q4 22	$194.1K	822
Q1 23	$151.9K	822
Q2 23	$161.5K	822
Q3 23	$181.9K	822
Q4 23	$203.8K	845
Q1 24	$159.9K	845
Q2 24	$151.7K	845
Q3 24	$140.0K	845
Q4 24	$219.4K	755
Q1 25	$153.4K	755
Q2 25	$171.3K	755
Q3 25	$158.0K	755

Revenue / Employee