Alamo Group, Inc. (ALG) Financial Statements (2024 and earlier)

Company Profile

Business Address 1627 E WALNUT
SEGUIN, TX 78155
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3523 - Farm Machinery and Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47,01642,11550,19542,31134,04325,373
Cash and cash equivalents47,01642,11550,19542,31134,04325,373
Receivables318,497239,636215,462250,744236,843206,250
Inventory, net of allowances, customer advances and progress billings352,553320,917229,971267,674176,630155,568
Inventory352,553320,917229,971267,674176,630155,568
Prepaid expense     5,3275,336
Other undisclosed current assets9,1449,5007,38210,099  
Total current assets:727,210612,168503,010570,828452,843392,527
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   120259✕✕
Operating lease, right-of-use asset17,24916,74414,14412,858✕✕
Property, plant and equipment     87,23076,664
Intangible assets, net (including goodwill)367,199385,872388,304404,294132,100137,633
Goodwill195,858202,406195,132198,02283,24384,761
Intangible assets, net (excluding goodwill)171,341183,466193,172206,27248,85752,872
Deferred income tax assets9691,1101,2031,078✕✕
Other noncurrent assets24,40021,58719,11219,3713,6993,362
Other undisclosed noncurrent assets171,481168,261183,436204,07545,76129,485
Total noncurrent assets:581,298593,574606,319641,935268,790247,144
TOTAL ASSETS:1,308,5081,205,7421,109,3291,212,763721,633639,671
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities168,905174,919139,951141,67297,86896,279
Accounts payable97,537101,39675,31781,98654,08355,825
Accrued liabilities71,36873,52364,63459,68643,78540,454
Debt15,00915,03215,06618,84011982
Other undisclosed current liabilities6,5922,6132,2782,3622,8655,002
Total current liabilities:190,506192,564157,295162,874100,852101,363
Noncurrent Liabilities
Long-term debt and lease obligation, including:286,943254,522270,320425,14185,17960,000
Finance lease, liability   87174✕✕
Other undisclosed long-term debt and lease obligation286,943242,285259,668415,97885,17960,000
Liabilities, other than long-term debt45,69952,99356,07154,99116,50020,832
Accounts payable and accrued liabilities3,7814,4163,9547,4326,12012,316
Deferred income tax liabilities18,25021,45819,64226,461✕✕
Liability, pension and other postretirement and postemployment benefits   1,7311,8441,9441,225
Other liabilities23,66827,11930,74419,2548,4367,291
Operating lease, liability  12,23710,5658,989✕✕
Total noncurrent liabilities:332,642307,515326,391480,132101,67980,832
Total liabilities:523,148500,079483,686643,006202,531182,195
Equity
Equity, attributable to parent785,360705,663625,643569,757507,371449,108
Common stock1,1911,1871,1811,1751,1661,158
Treasury stock, value(4,566)(4,566)(4,566)(4,566)(426)(426)
Additional paid in capital129,820124,228118,528113,666108,422103,864
Accumulated other comprehensive loss(68,268)(48,990)(40,326)(40,838)(44,831)(30,166)
Retained earnings727,183633,804550,826500,320443,040374,678
Total equity:785,360705,663625,643569,757507,371449,108
Other undisclosed liabilities and equity     11,7318,368
TOTAL LIABILITIES AND EQUITY:1,308,5081,205,7421,109,3291,212,763721,633639,671

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,513,6161,334,2231,163,4661,119,1381,008,822912,380
Revenue, net✕✕✕✕✕✕912,380
Cost of revenue
(Cost of Goods and Services Sold)		(1,137,098)(999,709)(871,356)(845,911)(752,707)(677,687)
Gross profit:376,518334,514292,110273,227256,115234,693
Operating expenses(227,926)(217,576)(198,945)(178,579)(155,027)(145,955)
Operating income:148,592116,93893,16594,648101,08888,738
Nonoperating income (expense)793,093809434(1,064)(1,532)
Investment income, nonoperating7521,1491,3661,229410336
Other nonoperating income (expense)(673)1,944(557)(795)(1,474)(1,868)
Interest and debt expense(14,361)(10,533)(15,837)(10,747)(5,493)(4,839)
Income from continuing operations before income taxes:134,310109,49878,13784,33594,53182,367
Income tax expense(32,382)(29,253)(21,507)(21,429)(21,045)(38,052)
Income from continuing operations:101,92880,24556,63062,90673,48644,315
Income before gain (loss) on sale of properties:✕✕80,24556,63062,90673,48644,315
Net income available to common stockholders, diluted:101,92880,24556,63062,90673,48644,315

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:101,92880,24556,63062,90673,48644,315
Other comprehensive income (loss)82,65071,58157,14266,899(1,667)987
Comprehensive income:184,578151,826113,772129,80571,81945,302
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(101,928)(80,245)(56,630)(62,906)(12,998)16,603
Comprehensive income, net of tax, attributable to parent:82,65071,58157,14266,89958,82161,905

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: