ALAMO GROUP (ALG) Company Report

Alamo Group reported net sales of $420 million for Q3 2025, an increase of 5% from Q3 2024, with organic growth contributing 3.4%. Adjusted net income for the quarter was $28.2 million, a slight decrease from $28.6 million in Q3 2024, resulting in adjusted earnings per share of $2.34.
The Industrial Equipment Division achieved record net sales of $247 million, up 17% (14.5% organic growth), marking its seventh consecutive quarter of double-digit growth, though future growth is expected to moderate. In contrast, the Vegetation Management Division saw a 9% decrease in net sales to $173.1 million, attributed to persistent market weakness and production challenges from facility consolidation, with these challenges anticipated to continue into Q1 2026.
As of September 30, 2025, the company maintained a strong financial position with $244.8 million in cash and $209.4 million in total debt. The board approved a quarterly dividend of $0.30 per share. Long-term financial targets include 10% plus sales growth (with M&A contributing significantly) and adjusted EBITDA margins of 18-20%, with a strategic focus on tuck-in acquisitions.

Nov 7, 2025, 3:00 PM

Alamo Group Inc. Announces Q3 2025 Financial Results

ALG

Earnings

Revenue Acceleration/Inflection

Demand Weakening

Alamo Group Inc. reported net sales of $420.0 million for the third quarter of 2025, a 4.7% increase compared to Q3 2024.
Fully diluted EPS decreased to $2.10 per share in Q3 2025 from $2.28 per share in Q3 2024, while adjusted fully diluted EPS was $2.34 per share, a slight decrease of $0.04 per share.
Adjusted EBITDA was $55.0 million, remaining flat compared to the third quarter of 2024.
The Industrial Equipment Division's net sales increased by 17.0% to $247.0 million, contrasting with a 9.0% decrease in net sales for the Vegetation Management Division to $173.1 million in Q3 2025.
The company generated $102.4 million in operating cash flow for the first nine months of 2025 and ended Q3 2025 with $244.8 million in cash and $209.4 million in total debt.

Nov 6, 2025, 9:28 PM

Alamo Group Announces Third Quarter 2025 Financial Results

ALG

Earnings

Revenue Acceleration/Inflection

Demand Weakening

Net sales for the third quarter of 2025 increased by 4.7% to $420.0 million compared to the third quarter of 2024.
Fully diluted EPS decreased to $2.10 per share in Q3 2025 from $2.28 in Q3 2024, while adjusted fully diluted EPS was $2.34 compared to $2.38 in Q3 2024.
Adjusted EBITDA was $55.0 million in Q3 2025, remaining flat compared to the third quarter of 2024.
The Industrial Equipment Division's net sales increased by 17.0% to $247.0 million, whereas the Vegetation Management Division's net sales decreased by 9.0% to $173.1 million in Q3 2025.
Operating cash flow for the first nine months of 2025 was $102.4 million, and as of September 30, 2025, the company reported $244.8 million in total cash and $209.4 million in total debt.

Nov 6, 2025, 9:15 PM

Earnings Transcripts

Quarterly earnings call transcripts for ALAMO GROUP.

Get instant answers from SEC filings, earnings calls & more

Get instant analysis when filings drop