---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-23-000046"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:49:56.459374+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alamo Group Q1 2023: record sales $411.8M (+13.7% YoY), EPS $2.79 (+80.6% YoY)

## Summary
- Net sales $411.8M (+13.7% YoY); net income $33.3M ($2.79 diluted EPS, +80.6%).
- Vegetation Management sales $256.4M (+16.0%); Industrial Equipment sales $155.3M (+10.2%).
- Operating income $49.0M (+68.4%); gross margin improved 340 bps YoY.
- Backlog $994.8M (+8.4% YoY); order bookings down 17% YoY.
- Management optimistic near-term but cautious longer-term on interest rates and dealer inventories.

## SEC filing metadata
- accession: 0000897077-23-000046
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/897077/000089707723000046/0000897077-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707723000046/alg-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-23-000046
- JSON: https://secwatch.observer/filing/0000897077-23-000046.json
- Plain text: https://secwatch.observer/filing/0000897077-23-000046.txt

## Key facts
- Earnings Releases
  ALAMO GROUP INC reported the first quarter ended March 31, 2023 results: revenue $411.8 million, net income $33.3 million, EPS $2.79 per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $411.8 million
  - Net income: $33.3 million
  - EPS: $2.79 per diluted share
  - Result: reported results
  source text: EARNINGS SEGUIN, Texas, May 4, 2023 -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2023. Highlights for the Quarter • Net sales of $411.8 million, up 13.7% ◦ Vegetation Management net sales of $256.4 million, up 16.0% ◦ Industrial Equipment net sales of $155.3 million, up 10.2% • Income from operations of $49.0 million, up
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000046/0000897077-23-000046-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.