---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-070258"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T04:02:07.905950+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Vanguard FY 2022 net sales +9% to $610M, net income +47%, guides FY 2023 growth

## Summary
- Net sales $610M (+9%), net income $27.4M (+47%), diluted EPS $0.92 (+51%).
- Adjusted EBITDA $73.1M (+15%); FY 2023 guidance: net sales $655-685M, adjusted EBITDA $86-91M.
- Net repurchased 1.7M shares (5.5%) in 2022; board authorized up to $15M buyback for 2023.
- Declared quarterly cash dividend $0.03/share, payable Apr 14 to holders Mar 24; FY 2022 total dividend was $0.095.

## SEC filing metadata
- accession: 0001193125-23-070258
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312523070258/0001193125-23-070258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312523070258/d475942d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-070258
- JSON: https://secwatch.observer/filing/0001193125-23-070258.json
- Plain text: https://secwatch.observer/filing/0001193125-23-070258.txt

## Key facts
- Earnings Releases
  AMERICAN VANGUARD CORP reported full year ended December 31, 2022 results: revenue $610 million, net income $27.4 million, EPS $0.92 per diluted share. Guidance raised.
  - Period: full year ended December 31, 2022
  - Revenue: $610 million
  - Net income: $27.4 million
  - EPS: $0.92 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: AVD) today announced financial results for the full year ended December 31, 2022. Fiscal 2022 Full Year Financial Highlights – versus Fiscal 2021 Full Year: • Net sales were $610 million in 2022, compared to $558 million in 2021 (up 9%) • Net income was $ 27.4 million in 2022, compared to $18.6 million in 2021 (up 47%) • Earnings per diluted share of $0.92 in
  evidence_url: https://www.sec.gov/Archives/edgar/data/5981/000119312523070258/0001193125-23-070258-index.htm

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