---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-216324"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:24:36.242469+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# AVD updates 2022 targets: net income +60-70%, revenue +8-11%; 1H net income +104%

## Summary
- 2022 full-year targets: net income +60-70%, revenue +8-11%, gross margin 38-40%.
- First half 2022 net income increased 104% YoY; revenue up 19%.
- First half adjusted EBITDA increased approximately 40% YoY.
- Target debt-to-EBITDA below 1.0x (ex-acquisitions) and below 2.5x (with acquisitions).
- Interest expense expected similar to 2021; tax rate mid-20% range.

## SEC filing metadata
- accession: 0001193125-22-216324
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312522216324/0001193125-22-216324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312522216324/d388425d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-216324
- JSON: https://secwatch.observer/filing/0001193125-22-216324.json
- Plain text: https://secwatch.observer/filing/0001193125-22-216324.txt

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