---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-23-000093"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:58:40.877216+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alamo Group Q2 2023: Record sales $440.7M, EPS $3.03, up 27% YoY

## Summary
- Net sales $440.7M, up 11.2% YoY; net income $36.4M ($3.03 diluted EPS), up 26.8%.
- Vegetation Management sales $261.3M (+2.5%); Industrial Equipment $179.3M (+27.0%).
- Operating income $54.4M, up 32.9%; gross margin improved 160 bps vs prior year.
- Backlog $891.2M, slightly down vs Q2 2022; order bookings down 9% from solid prior year.
- CEO sees continued positive outlook but cautious on hobby farm/ranch softness and drought.

## SEC filing metadata
- accession: 0000897077-23-000093
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2023-08-02T23:59:59+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/897077/000089707723000093/0000897077-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707723000093/alg-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-23-000093
- JSON: https://secwatch.observer/filing/0000897077-23-000093.json
- Plain text: https://secwatch.observer/filing/0000897077-23-000093.txt

## Key facts
- Earnings Releases
  ALAMO GROUP INC reported second quarter ended June 30, 2023 results: revenue $440.7 million, net income $36.4 million, EPS $3.03 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $440.7 million
  - Net income: $36.4 million
  - EPS: $3.03 per diluted share
  - Result: reported results
  source text: SEGUIN, Texas, August 2, 2023 -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2023. Highlights for the Quarter • Net sales of $440.7 million, up 11.2% ◦ Vegetation Management net sales of $261.3 million, up 2.5% ◦ Industrial Equipment net sales of $179.3 million, up 27.0% • Income from operations of $54.4 million, up
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000093/0000897077-23-000093-index.htm

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