Alamo (ALG) financial statements
Alamo reported revenue of $1.6B in fiscal 2025, up 7.4% a year over 9 years.
Net income was $104M and the operating margin 9.5%, against 8.0% in 2016.
Free cash flow was $147M, and the company returned $14M in dividends and $3M in net buybacks.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alamo's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $845M | $912M | $1.0B | $1.1B | $1.2B | $1.3B | $1.5B | $1.7B | $1.6B | $1.6B |
| Cost of revenue | $640M | $678M | $753M | $846M | $870M | $1000M | $1.1B | $1.2B | $1.2B | $1.2B |
| Gross profit | $205M | $235M | $256M | $273M | $294M | $335M | $377M | $454M | $412M | $398M |
| Selling, general and admin | $137M | $143M | $152M | $173M | $184M | $203M | $213M | $240M | $231M | $230M |
| Operating income | $68M | $89M | $101M | $95M | $95M | $117M | $149M | $198M | $165M | $152M |
| Interest expense | $6M | $5M | $5M | $11M | $16M | $11M | $14M | $26M | $21M | $15M |
| Pre-tax income | $62M | $82M | $95M | $85M | $80M | $109M | $134M | $175M | $150M | $140M |
| Income tax | $22M | $38M | $21M | $21M | $22M | $29M | $32M | $39M | $34M | $36M |
| Net income | $40M | $44M | $73M | $63M | $58M | $80M | $102M | $136M | $116M | $104M |
| EPS (diluted) | $3.46 | $3.79 | $6.25 | $5.35 | $4.88 | $6.75 | $8.54 | $11.36 | $9.63 | $8.59 |
| Diluted shares | 12M | 12M | 12M | 12M | 12M | 12M | 12M | 12M | 12M | 12M |
| Gross margin | 24.3% | 25.7% | 25.4% | 24.4% | 25.2% | 25.1% | 24.9% | 26.8% | 25.3% | 24.8% |
| Operating margin | 8.0% | 9.7% | 10.0% | 8.5% | 8.1% | 8.8% | 9.8% | 11.7% | 10.1% | 9.5% |
| Net margin | 4.7% | 4.9% | 7.3% | 5.6% | 5.0% | 6.0% | 6.7% | 8.1% | 7.1% | 6.5% |
Balance sheet
Fiscal years, from Alamo's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $17M | $25M | $34M | $42M | $50M | $42M | $47M | $52M | $197M | $310M |
| Receivables | $170M | $206M | $228M | $238M | $209M | $238M | $318M | $362M | $306M | $277M |
| Inventory | $136M | $156M | $177M | $268M | $243M | $321M | $353M | $377M | $343M | $383M |
| Total current assets | $328M | $393M | $453M | $571M | $516M | $612M | $727M | $804M | $857M | $998M |
| Property, plant and equipment | $67M | $77M | $87M | $161M | $155M | $152M | $155M | $167M | $158M | $166M |
| Goodwill | $75M | $85M | $83M | $198M | $195M | $202M | $196M | $207M | $203M | $215M |
| Total assets | $553M | $640M | $722M | $1.2B | $1.1B | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B |
| Total current liabilities | $79M | $101M | $101M | $163M | $157M | $193M | $191M | $214M | $190M | $218M |
| Long-term debt | $70M | $60M | $85M | $425M | $270M | $255M | $287M | $220M | $205M | $191M |
| Total liabilities | $165M | $191M | $206M | $635M | $487M | $500M | $523M | $477M | $432M | $458M |
| Shareholders' equity | $388M | $449M | $515M | $578M | $635M | $706M | $785M | $933M | $1.0B | $1.1B |
| Net debt | $53M | $35M | $51M | $402M | $235M | $227M | $255M | $183M | $8M | -$119M |
Cash flow
Fiscal years, from Alamo's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $76M | $71M | $13M | $89M | $184M | $50M | $15M | $131M | $210M | $178M |
| Capital spending | $10M | $13M | $27M | $31M | $18M | $25M | $31M | $38M | $25M | $31M |
| Free cash flow | $66M | $57M | -$14M | $57M | $166M | $24M | -$17M | $93M | $185M | $147M |
| Stock-based compensation | $1M | $2M | $2M | $3M | $4M | $6M | $6M | $7M | $9M | $10M |
| Dividends paid | $4M | $5M | $5M | $6M | $6M | $7M | $9M | $10M | $12M | $14M |
| Share buybacks (net) | -$19,000 | -$166,000 | -$436,000 | -$589,000 | -$710,000 | -$2M | -$768,000 | -$1M | -$2M | -$3M |
| Net borrowing | $48,000 | $0 | $0 | $300M | $0 | $0 | — | — | — | — |
| Free cash flow margin | 7.8% | 6.3% | -1.4% | 5.1% | 14.3% | 1.8% | -1.1% | 5.5% | 11.3% | 9.2% |
| Dividends per share | $0.36 | $0.39 | $0.44 | $0.48 | $0.52 | $0.56 | $0.72 | $0.87 | $1.03 | $1.19 |
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Open ALG in InvestinglyQuestions
What was Alamo's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does Alamo generate?
$147M in fiscal 2025 (operating cash flow minus capital spending).
From Alamo's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.