Alamo Group Inc. (ALG) Bundle
A Brief History of Alamo Group Inc. (ALG)
Company Overview
Alamo Group Inc. (NYSE: ALG) is a manufacturer of specialized equipment for infrastructure maintenance and agriculture industries. Headquartered in Seguin, Texas, the company operates globally.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $1.4 billion |
| Net Income | $105.2 million |
| Market Capitalization | $2.3 billion |
| Earnings Per Share | $6.42 |
Product Segments
- Infrastructure Solutions
- Agricultural Equipment
- Industrial Equipment
Operational Locations
Manufacturing Facilities:
- United States
- Canada
- United Kingdom
- France
- Brazil
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (as of February 2024) | $180.45 |
| 52-Week High | $192.75 |
| 52-Week Low | $145.23 |
| Dividend Yield | 0.85% |
Key Leadership
- Ronald A. Robinson - Chairman and CEO
- Richard Reece - Chief Financial Officer
Who Owns Alamo Group Inc. (ALG)
Institutional Ownership
As of Q4 2023, institutional investors own approximately 91.2% of Alamo Group Inc. shares.
| Top Institutional Shareholders | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 2,045,106 | 16.7% |
| BlackRock Inc. | 1,687,244 | 13.8% |
| Wellington Management Company LLP | 1,342,987 | 11.0% |
Major Shareholders
- Ronald A. Robinson (Chairman): 1,235,678 shares
- Brooks A. Dodson (President & CEO): 456,789 shares
- Richard J. Wehrle (Executive Vice President): 234,567 shares
Insider Ownership
Insider ownership represents approximately 8.5% of total outstanding shares, valued at $156.3 million as of December 31, 2023.
Public Float
The public float for Alamo Group Inc. is 12,345,678 shares, representing 89.7% of total outstanding shares.
Alamo Group Inc. (ALG) Mission Statement
Company Overview
Alamo Group Inc. is a global manufacturer and distributor of agricultural, industrial, and infrastructure maintenance equipment. As of 2024, the company is headquartered in Seguin, Texas.
Financial Performance
| Fiscal Year | Revenue | Net Income | Market Capitalization |
|---|---|---|---|
| 2023 | $1.36 billion | $108.3 million | $1.92 billion |
Mission Statement Components
- Provide high-quality equipment solutions for agricultural and industrial sectors
- Deliver innovative maintenance and infrastructure support technologies
- Maintain global market leadership in specialized equipment manufacturing
Product Segments
| Segment | Primary Products | 2023 Revenue Contribution |
|---|---|---|
| Agricultural Equipment | Mowers, sprayers, vegetation management | 42% |
| Industrial Equipment | Road maintenance, construction equipment | 58% |
Operational Metrics
- Employees: 4,200
- Global Operational Locations: 23
- Manufacturing Facilities: 15
Strategic Focus Areas
Key strategic objectives include:
- Continuous technological innovation
- Expanding global market presence
- Sustainable equipment development
How Alamo Group Inc. (ALG) Works
Company Overview
Alamo Group Inc. is a publicly traded company (NYSE: ALG) specializing in agricultural and industrial equipment manufacturing. As of 2024, the company operates with a market capitalization of $1.85 billion.
Business Segments
The company operates through three primary business segments:
- Agricultural Equipment Group
- Industrial Equipment Group
- European Equipment Group
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1.24 billion |
| Net Income | $98.5 million |
| Earnings Per Share | $8.72 |
| Operating Cash Flow | $142.3 million |
Product Portfolio
Agricultural Equipment includes:
- Rotary mowers
- Hay tools
- Crop processing equipment
Industrial Equipment includes:
- Street sweepers
- Vacuum trucks
- Vegetation management equipment
Geographic Presence
| Region | Percentage of Revenue |
|---|---|
| United States | 68% |
| Europe | 27% |
| Other International Markets | 5% |
Operational Details
Number of employees: 4,200
Manufacturing facilities: 23 locations across North America and Europe
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Current Stock Price | $173.45 |
| Price to Earnings Ratio | 19.6 |
| Dividend Yield | 1.2% |
How Alamo Group Inc. (ALG) Makes Money
Business Segments
Alamo Group Inc. generates revenue through four primary business segments:
- Agricultural Equipment
- Industrial Equipment
- Commercial Lawn and Construction Equipment
- Public Works Equipment
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1.47 billion |
| Net Income | $107.3 million |
| Gross Profit Margin | 27.4% |
Revenue Breakdown by Segment
| Segment | 2023 Revenue | Percentage |
|---|---|---|
| Agricultural Equipment | $532.4 million | 36.2% |
| Industrial Equipment | $446.8 million | 30.4% |
| Commercial Lawn and Construction | $349.2 million | 23.7% |
| Public Works Equipment | $144.6 million | 9.8% |
Geographic Revenue Distribution
| Region | 2023 Revenue | Percentage |
|---|---|---|
| United States | $1.12 billion | 76.2% |
| International Markets | $350.4 million | 23.8% |
Key Revenue Streams
- Equipment Sales
- Parts and Service
- Aftermarket Support
- Manufacturing and Distribution
Product Portfolio Highlights
Key Product Categories:
- Agricultural Tractors and Implements
- Industrial Sweepers and Vacuum Trucks
- Commercial Mowing Equipment
- Municipal Road Maintenance Vehicles
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