---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-23-000104"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:30:40.464319+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alamo Group Q3 2023 record sales $419.6M (+13.8%); EPS $2.91 (+35.2%); acquires Royal Truck

## Summary
- Net sales $419.6M (+13.8% YoY); Vegetation Management $246.9M (+8.0%), Industrial Equipment $172.7M (+23.1%).
- Net income $34.9M ($2.91 diluted EPS), up 35.2% from $25.8M ($2.16) in Q3 2022.
- Backlog $890.9M, down 2% YoY; order bookings up 10% versus Q3 2022 and 25% sequentially.
- Acquired Royal Truck & Equipment, a producer of highway safety equipment; modestly accretive for balance of 2023.
- Management expects continued double-digit growth and margin optimization; farm/ranch weakness remains but stable.

## SEC filing metadata
- accession: 0000897077-23-000104
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/897077/000089707723000104/0000897077-23-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707723000104/alg-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-23-000104
- JSON: https://secwatch.observer/filing/0000897077-23-000104.json
- Plain text: https://secwatch.observer/filing/0000897077-23-000104.txt

## Key facts
- Earnings Releases
  ALAMO GROUP INC reported the third quarter ended September 30, 2023 results: revenue $419.6 million, net income $34.9 million, EPS $2.91 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $419.6 million
  - Net income: $34.9 million
  - EPS: $2.91 per diluted share
  - Result: reported results
  source text: today reported results for the third quarter ended September 30, 2023. Highlights for the Quarter • Eighth consecutive quarterly record for sales and earnings • Net sales of $419.6 million, up 13.8% ◦ Vegetation Management net sales of $246.9 million, up 8.0% ◦ Industrial Equipment net sales of $172.7 million, up 23.1% • Income from operations of $49.8 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000104/0000897077-23-000104-index.htm

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