Sector: Industrials | Industry: Heavy Machinery & Vehicles |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1627 E Walnut SEGUIN TX 78155 |
Tel: | N/A |
Website: | https://www.alamo-group.com |
IR: | See website |
Key People | ||
Jeffery A. Leonard President, Chief Executive Officer, Director | Lori L. Sullivan Vice President - Internal Audit | Richard J. Wehrle Chief Financial Officer, Executive Vice President |
Edward T. Rizzuti Executive Vice President, General Counsel, Secretary | Agnes Kamps Executive Vice President, Treasurer | Michael A. Haberman Executive Vice President - Alamo Industrial Equipment Division |
Dan E. Malone Executive Vice President, Chief Sustainability Officer | Richard Hodges Raborn Executive Vice President - Alamo Vegetation Management Division | Ian M. Eckert Chief Accounting Officer, Vice President, Corporate Controller | Janet S. Pollock Vice President - Human Resources |
Business Overview |
Alamo Group Inc. is engaged in designing, manufacturing, distributing and providing services of equipment for vegetation management, infrastructure maintenance and other applications. The Company operates through two segments: Vegetation Management Division and Industrial Equipment Division. The Vegetation Management Division includes the operations of the mowing and forestry/tree care operations, Morbark and Dutch Power business units. The Industrial Equipment Division includes the Company's vocational truck business and other industrial operations, such as excavators, vacuum trucks, street sweepers and snow removal equipment. Its products include tractor-mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, pothole patchers, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, and snow removal equipment. |
Financial Overview |
For the fiscal year ended 31 December 2023, Alamo Group, Inc. revenues increased 12% to $1.69B. Net income increased 34% to $136.2M. Revenues reflect Vegetation Management segment increase of 70% to $979M, United States segment increase of 12% to $1.21B, Canada segment increase of 40% to $134.3M, Netherlands segment increase of 44% to $33.5M. Net income benefited from Vegetation Management segment income increase of 89% to $75.9M. |
Employees: | 4,350 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,651M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,690M as of Dec 31, 2023 |
EBITDA (TTM): | $245.94M as of Dec 31, 2023 |
Net annual income (TTM): | $136.16M as of Dec 31, 2023 |
Free cash flow (TTM): | $82.92M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $183.36M as of Dec 31, 2023 |
Shares outstanding: | 12,045,181 as of Mar 8, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |