← ALAMO GROUP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $40.0m | $44.3m | $73.5m | $62.9m | $56.6m | $80.2m | $101.9m | $136.2m | $115.9m | $103.8m | |
| Amortization of Deferred Charges | — | — | — | $5.7m | $14.7m | $14.6m | $15.3m | — | — | — | |
| Amortization of Debt Issuance Costs | $213k | $203k | $221k | $295k | $634k | $667k | $667k | $703k | $703k | $703k | |
| Amortization of Intangible Assets | $3.1m | $3.3m | $3.5m | $5.7m | $14.7m | $14.6m | $15.3m | $15.5m | $16.2m | $16.5m | |
| Depreciation | $17.7m | $11.6m | $12.9m | $14.9m | $19.3m | $21.2m | $23.7m | $23.7m | $26.9m | $27.1m | |
| Deferred Income Tax Expense (Benefit) | $2.6m | $1.3m | $2.1m | $3.3m | ($1.3m) | ($1.2m) | ($2.3m) | ($4.3m) | ($3.6m) | $10.6m | |
| Share-based Payment Arrangement, Noncash Expense | $1.4m | $1.9m | $2.5m | $3.3m | $4.1m | $6.0m | $5.6m | $7.4m | $9.1m | $9.9m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $345k | $341k | $361k | $912k | $1.1m | $3.8m | $161k | $6.6m | $639k | $2.6m | |
| Income Tax Expense (Benefit) | $22.1m | $38.1m | $21.0m | $21.4m | $21.5m | $29.3m | $32.4m | $39.0m | $33.7m | $35.7m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $20.5m | $14.9m | |
| Operating Lease, Expense | — | — | — | $5.5m | $6.1m | $7.0m | $7.5m | $7.7m | $9.6m | $11.4m | |
| Other Nonoperating Income (Expense) | $269k | ($1.9m) | ($1.5m) | ($795k) | ($557k) | $1.9m | ($673k) | $1.8m | $2.7m | ($2.8m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($3.9m) | $23.1m | $27.0m | ($11.4m) | ($28.1m) | $27.6m | $85.1m | $35.3m | ($47.0m) | ($40.6m) | |
| Increase (Decrease) in Inventories | ($12.3m) | ($142k) | $26.0m | ($657k) | ($39.9m) | $78.5m | $37.7m | $10.8m | ($26.5m) | $28.1m | |
| Equipment Expense | — | $5.5m | $6.7m | $9.4m | $9.8m | $8.6m | $7.7m | $8.8m | $10.0m | $11.7m | |
| Goodwill | $74.8m | $84.8m | $83.2m | $198.0m | $195.1m | $202.4m | $195.9m | $206.5m | $203.0m | $214.6m | |
| Investment Income, Interest | $214k | $336k | $410k | $1.2m | $1.4m | $1.1m | $752k | $1.5m | $2.6m | $5.6m | |
| Operating Expenses | — | — | — | — | — | — | — | — | $247.7m | $246.2m | |
| Net Cash Provided by (Used in) Operating Activities | $75.6m | $70.8m | $12.9m | $88.8m | $184.3m | $49.7m | $14.5m | $131.2m | $209.8m | $177.5m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.7m | $13.5m | $26.6m | $31.3m | $17.9m | $25.3m | $31.1m | $37.7m | $25.0m | $30.6m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $188k | $38.6m | $0 | $400.8m | $0 | $17.8m | $2.0m | $27.6m | $0 | $18.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($8.7m) | ($51.3m) | ($25.4m) | ($429.9m) | ($14.2m) | ($33.4m) | ($31.7m) | ($52.6m) | ($22.2m) | ($46.2m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $48k | $0 | $0 | $300.0m | $0 | $0 | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $1.4m | $2.4m | $2.6m | $2.6m | $1.5m | $1.7m | $803k | $1.6m | $1.9m | $1.6m | |
| Payments for Repurchase of Common Stock | $19k | $166k | $436k | $589k | $710k | $2.0m | $768k | $1.0m | $2.0m | $3.0m | |
| Payments of Ordinary Dividends, Common Stock | $4.1m | $4.6m | $5.1m | $5.6m | $6.1m | $6.6m | $8.5m | $10.5m | $12.4m | $14.4m | |
| Net Cash Provided by (Used in) Financing Activities | ($77.1m) | ($12.4m) | $22.2m | $349.2m | ($164.2m) | ($23.0m) | $24.5m | ($76.9m) | ($32.0m) | ($30.8m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | ($10.3m) | $11.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $8.3m | $7.9m | ($8.1m) | $4.9m | $4.9m | $145.4m | $112.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $42.3m | $50.2m | $42.1m | $47.0m | $51.9m | $197.3m | $309.7m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $5.8m | $5.2m | $5.2m | $9.5m | $17.0m | $10.2m | $14.6m | $25.4m | $20.8m | $14.7m | |
| Income Taxes Paid, Net | $16.6m | $23.2m | $30.3m | $23.1m | $17.1m | $32.9m | $35.1m | $37.3m | $40.4m | $52.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.