earnings
confidence high
sentiment neutral
materiality 0.70
Alamo Group Q4 rev down 7.7% to $385.3M, EPS $2.33; raises dividend 15%
ALAMO GROUP INC
2024-FY EPS reported
$9.63
revenue$1,628,513,000
- Q4 net sales $385.3M (-7.7% YoY). Industrial Equipment +11%, Vegetation Management -25.5%.
- Diluted EPS $2.33 Q4 ($2.39 adj); full year EPS $9.63 ($10.12 adj). Net income $28.1M Q4, $115.9M FY.
- Dividend raised 15% to $0.30/sh. Net debt reduced 87% to $23.2M. Op. cash flow $209.8M.
- Backlog $668.6M; cost savings target $25-30M annualized. TTM EBITDA $220.6M (13.5% margin).
- Management cautiously optimistic for 2025; expects improved H2; monitoring tariffs.