Tearsheet

Alamo (ALG)

Market Price (12/4/2025): $165.59 | Market Cap: $2.0 Bil
Sector: Industrials | Industry: Construction Machinery & Heavy Transportation Equipment

Alamo (ALG)

Market Price (12/4/2025): $165.59
Market Cap: $2.0 Bil
Sector: Industrials
Industry: Construction Machinery & Heavy Transportation Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7%, FCF Yield is 6.5%	Weak multi-year price returns 2Y Excs Rtn is -58%, 3Y Excs Rtn is -57%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2	Low stock price volatility Vol 12M is 27%
3	Megatrend and thematic drivers Megatrends include Sustainable Infrastructure, and Sustainable Resource Management. Themes include Waste Management Solutions, and Resource Efficiency Solutions.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7%, FCF Yield is 6.5%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2	Low stock price volatility Vol 12M is 27%
3	Megatrend and thematic drivers Megatrends include Sustainable Infrastructure, and Sustainable Resource Management. Themes include Waste Management Solutions, and Resource Efficiency Solutions.
4	Weak multi-year price returns 2Y Excs Rtn is -58%, 3Y Excs Rtn is -57%
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$165.59	$184.72	$207.71	$139.22	$143.93
Market Cap CYE ($ Bil)	2.0	2.2	2.5	1.7	1.7
Total Debt ($ Bil)	0.2	0.2	0.2	0.3	0.3
Total Cash ($ Bil)	0.2	0.2	0.1	0.0	0.0
Enterprise Value ($ Bil)	2.0	2.4	2.7	2.0	2.0
Valuation Ratios
P/S TTM	1.4	1.4	1.5	1.1	1.3
P/EBIT TTM	13.8	13.1	12.4	11.3	14.5
P/E TTM	19.7	19.2	18.4	16.5	21.7
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0	0.0

	12/4/25	2024	2023
Share Price CYE	$165.59	$184.72	$207.71
Market Cap CYE ($ Bil)	2.0	2.2	2.5
Total Debt ($ Bil)	0.2	0.2	0.2
Total Cash ($ Bil)	0.2	0.2	0.1
Enterprise Value ($ Bil)	2.0	2.4	2.7
Valuation Ratios
P/S TTM	1.4	1.4	1.5
P/EBIT TTM	13.8	13.1	12.4
P/E TTM	19.7	19.2	18.4
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0

	ALG	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	1.6
Rev Chg Q	4.7%	7.1%
Rev Chg LTM	-2.7%	6.1%
Rev Chg 3Y Avg	3.6%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.2
CFO LTM ($ Bil)	0.2
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	10.1%	18.8%
CFO/Rev LTM	11.2%	20.5%
Net Inc Mgn	7.2%	13.1%
VALUATION	MODERATE
P/S	1.4	3.2
P/CFO	12.6	15.8
P/FCF	15.3	20.5
P/E	19.7	23.5
STABILITY	VERY GOOD
Debt/Equity	0.09	0.20
Cash/Assets	0.15	0.07

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Metric	Value	Date	Source
Total Backlog	687.20M USD	6302025	Link
Industrial Equipment Division Backlog	510M USD	8062025	Link
Number of Employees	3750	10312024	Link
Dealer Network Size	7000	11092023	Link
Number of Manufacturing Locations	27	11092023	Link
Percentage of Sales from Replacement Parts	17%	12312024	Link

Recent
11/06/2025	Earnings Release	Rev: $420 Mil (A) vs. $405 Mil (E) EPS: 2.34 (A) vs. $2.61 (E)
Upcoming
2/26/2026	Earnings Release	Rev: - EPS: -

ALG Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Here are five key points explaining why Alamo Group Inc. (ALG) stock moved approximately -21% from August 31, 2025, to December 5, 2025: 1. Missed Q3 2025 Earnings Per Share Estimates. Alamo Group Inc. reported adjusted diluted earnings per share (EPS) of $2.34 for the third quarter of 2025, falling short of analysts' consensus estimates ranging from $2.61 to $2.66. This negative surprise, exceeding an 11% miss, prompted a negative market reaction with the stock declining by 4.12% on November 7, 2025.

2. Continued Weakness in the Vegetation Management Division. The company's Vegetation Management Division experienced a 9.0% decrease in net sales during Q3 2025, attributed to ongoing softness in its end markets. Management also highlighted operational challenges from facility consolidation and persistent market weakness that negatively impacted the division's margins and overall profitability.

3. Decline in Operating Income and Gross Margins. Despite an increase in net sales, Alamo Group's income from operations decreased by 6.3% in Q3 2025 compared to the same period in the prior year. The company's gross margin also saw a 90-basis-point decline to 24.2%, primarily due to unforeseen production inefficiencies related to the consolidation of manufacturing facilities and the impact of tariff costs across both divisions.

4. Analyst Downgrades and Price Target Reductions. Following the mixed Q3 earnings report, analysts revised their outlooks for ALG. D.A. Davidson, for instance, lowered its price target for Alamo Group from $225 to $190 on November 11, 2025, while maintaining a "Hold" rating. Similarly, Robert W. Baird reduced its price target from $260 to $212 on November 10, 2025. These downward revisions contributed to a bearish sentiment among investors.

5. Broader Industrial Market Headwinds and Tariffs. The industrial and manufacturing sectors generally faced challenges during Q3 2025, including persistent cost pressures, elevated interest rates, and softer global demand. Alamo Group specifically mentioned tariff costs as a factor contributing to gross margin pressures in both its divisions. These macroeconomic and industry-specific headwinds created an unfavorable operating environment, impacting investor confidence in the company.

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Stock Movement Drivers

Fundamental Drivers

The -20.7% change in ALG stock from 9/4/2025 to 12/4/2025 was primarily driven by a -19.3% change in the company's P/E Multiple.

	9042025	12042025	Change
Stock Price ($)	210.21	166.70	-20.70%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1596.65	1615.39	1.17%
Net Income Margin (%)	7.42%	7.20%	-2.85%
P/E Multiple	21.34	17.23	-19.26%
Shares Outstanding (Mil)	12.02	12.03	-0.07%
Cumulative Contribution			-20.70%

LTM = Last Twelve Months as of date shown

Market Drivers

9/4/2025 to 12/4/2025

	Return	Correlation
ALG	-20.7%
Market (SPY)	5.4%	25.3%
Sector (XLI)	2.3%	38.7%

Fundamental Drivers

The -18.6% change in ALG stock from 6/5/2025 to 12/4/2025 was primarily driven by a -18.8% change in the company's P/E Multiple.

	6052025	12042025	Change
Stock Price ($)	204.69	166.70	-18.56%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1593.88	1615.39	1.35%
Net Income Margin (%)	7.25%	7.20%	-0.68%
P/E Multiple	21.23	17.23	-18.83%
Shares Outstanding (Mil)	11.99	12.03	-0.33%
Cumulative Contribution			-18.56%

LTM = Last Twelve Months as of date shown

Market Drivers

6/5/2025 to 12/4/2025

	Return	Correlation
ALG	-18.6%
Market (SPY)	15.7%	42.8%
Sector (XLI)	8.2%	47.1%

Fundamental Drivers

The -16.3% change in ALG stock from 12/4/2024 to 12/4/2025 was primarily driven by a -13.7% change in the company's P/E Multiple.

	12042024	12042025	Change
Stock Price ($)	199.12	166.70	-16.28%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1660.73	1615.39	-2.73%
Net Income Margin (%)	7.19%	7.20%	0.22%
P/E Multiple	19.98	17.23	-13.75%
Shares Outstanding (Mil)	11.98	12.03	-0.43%
Cumulative Contribution			-16.28%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2024 to 12/4/2025

	Return	Correlation
ALG	-16.3%
Market (SPY)	13.7%	52.2%
Sector (XLI)	9.9%	57.6%

Fundamental Drivers

The 13.6% change in ALG stock from 12/5/2022 to 12/4/2025 was primarily driven by a 14.7% change in the company's Net Income Margin (%).

	12052022	12042025	Change
Stock Price ($)	146.78	166.70	13.57%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1464.18	1615.39	10.33%
Net Income Margin (%)	6.28%	7.20%	14.66%
P/E Multiple	18.96	17.23	-9.12%
Shares Outstanding (Mil)	11.88	12.03	-1.23%
Cumulative Contribution			13.55%

LTM = Last Twelve Months as of date shown

Market Drivers

12/5/2023 to 12/4/2025

	Return	Correlation
ALG	-8.9%
Market (SPY)	53.3%	48.5%
Sector (XLI)	47.3%	58.7%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ALG Return	10%	7%	-3%	49%	-11%	-10%	37%
Peers Return	18%	16%	7%	37%	29%	24%	222%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	112%
Monthly Win Rates [3]
ALG Win Rate	58%	58%	33%	67%	33%	40%
Peers Win Rate	63%	55%	45%	53%	62%	58%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
ALG Max Drawdown	-40%	-1%	-25%	-1%	-22%	-15%
Peers Max Drawdown	-40%	-4%	-23%	-10%	-4%	-25%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: CAT, FSS, GBX, CMI, PCAR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/4/2025 (YTD)

How Low Can It Go

Unique Key	Event	ALG	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-33.4%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	50.1%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	253 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-42.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	73.8%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	234 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-38.5%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	62.5%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	261 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-65.3%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	188.2%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	632 days	1480 days

Compare to CAT, FSS, GBX, CMI, PCAR

In The Past

Alamo's stock fell -33.4% during the 2022 Inflation Shock from a high on 5/7/2021. A -33.4% loss requires a 50.1% gain to breakeven.

Preserve Wealth

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About Alamo (ALG)

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty applications, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts. This segment also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades and replacement parts, zero turn radius mowers, cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts, heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, replacement parts, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, tractor attachments and implements, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, cutting blades, and hydraulic and mechanical boom mowers. The company's Industrial Equipment Division segment offers truck-mounted air vacuum, mechanical broom, and regenerative air sweepers, pothole patchers, leaf collection equipment and replacement brooms, parking lot and street sweepers, excavators, catch basin cleaners, and roadway debris vacuum systems, as well as truck-mounted vacuum machines, combination sewer cleaners, and hydro excavators. This segment also offers ice control products, snowplows and heavy duty snow removal equipment, hitches, attachments, and graders; and public works and runway maintenance products, parts, and services, and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

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Deere & Company for municipal and agricultural maintenance equipment.
A Caterpillar specializing in equipment for infrastructure and land management.

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Agricultural Equipment: Manufactures and sells various farm implements, including mowers, spreaders, and cultivators, for agricultural applications.
Infrastructure Maintenance Equipment: Produces specialized vehicles and attachments for road maintenance, snow removal, vegetation control, and street sweeping.
Industrial Attachments: Supplies various industrial tools and attachments, such as excavators and forestry equipment, for professional and municipal use.

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Alamo Group Inc. (symbol: ALG) primarily sells its equipment to other companies and organizations rather than directly to individual consumers.

Due to its extensive product portfolio and diverse sales channels, which include a broad network of independent dealers and direct sales to numerous governmental and commercial entities, Alamo Group Inc. does not typically disclose specific named "major customer companies" in its public filings (such as specific public corporations representing a significant percentage of revenue). Instead, its customer base consists of the following categories of organizations:

Independent Dealer Networks: A global network of approximately 3,800 independent dealers that purchase Alamo Group's equipment and resell it to a wide range of end-users. Each dealer is a business entity.
Governmental Entities: Various federal, state, county, and municipal agencies around the world that directly purchase equipment for infrastructure maintenance, public works, and agricultural use.
Large Commercial & Industrial Enterprises: A broad category encompassing businesses such as construction companies, landscaping firms, utility companies, agricultural businesses, and equipment rental companies, which utilize Alamo Group's specialized machinery for their operations.

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Robert P. Hureau, President & Chief Executive Officer

Mr. Hureau assumed the role of President and Chief Executive Officer of Alamo Group Inc. in September 2025. Prior to joining Alamo Group, Mr. Hureau was the Chief Executive Officer of American Trailer World (ATW), where he successfully merged and integrated two businesses, completed multiple strategic acquisitions, and led the divestiture of its aftermarket parts distribution unit. He has held executive leadership roles in both private and public companies, including serving as Executive Vice President and Chief Financial Officer at Pharmaceutical Product Development (PPD) and as Senior Vice President and Chief Financial Officer at Sensata Technologies. His experience at ATW, including leading a divestiture, is indicative of managing a company likely backed by private equity.

Agnes K. Kamps, Executive Vice President, Chief Financial Officer & Treasurer

Ms. Kamps joined Alamo Group in March 2024 and assumed the role of Executive Vice President, Chief Financial Officer, and Treasurer in May 2024. She brings over 25 years of expertise in corporate accounting, finance, and strategy across diverse industries, including heavy equipment, machinery, service, and chemicals. Before Alamo Group, Ms. Kamps served as Vice President and Chief Financial Officer at Americas Styrenics, LLC since January 2021. Her career also includes various accounting and finance management capacities with several Siemens companies and United Technologies. She has experience in steering strategic initiatives such as mergers and acquisitions and integrations.

Richard H. Raborn, Executive Vice President, Vegetation Management Division

Mr. Raborn serves as Executive Vice President of Alamo Group Inc.'s Vegetation Management Division. He has served as an Executive Vice President of Alamo Group Inc. since April 6.

Kevin J. Thomas, Executive Vice President, Industrial Equipment Division

Mr. Thomas serves as Executive Vice President of the Industrial Equipment Division for Alamo Group Inc. He joined senior management in this role in 2024.

Edward T. Rizzuti, Executive Vice President, Corporate Development & Investor Relations

Mr. Rizzuti is the Executive Vice President of Corporate Development & Investor Relations. He has also served as Vice President and General Counsel of Alamo Group, Inc. since July 15.

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The increasing industry shift towards electrification and alternative power sources in heavy equipment poses a clear emerging threat. As customers, particularly municipalities and agricultural businesses, increasingly prioritize electric or hybrid equipment for environmental, noise reduction, and operational cost benefits, Alamo Group Inc. faces the challenge of rapidly developing and manufacturing competitive electric and hybrid variants of its specialized product lines (including mowers, sweepers, and loaders). Failure to innovate effectively and meet this evolving market demand could result in a significant loss of market share to competitors investing heavily in these advanced powertrain technologies.

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Alamo Group (ALG) is anticipated to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:

Sustained Strength in the Industrial Equipment Division: Alamo Group's Industrial Equipment Division has consistently demonstrated strong organic growth and healthy backlogs, with a reported 17% increase in sales in Q3 2025. This division, which includes products like excavators, vacuum trucks, and street sweepers, benefits from strong demand from governmental agencies and contractors. Management expects this robust performance to continue, providing good visibility and confidence into early 2026.
Recovery and Operational Efficiencies in the Vegetation Management Division: While the Vegetation Management Division has experienced market softness, Alamo Group is actively implementing operational improvements, including consolidating manufacturing facilities and cost reduction actions. These initiatives are designed to improve efficiency, reduce fixed costs, and enhance manufacturing throughput, with expected benefits in future quarters that should contribute to a market recovery and improved profitability.
Strategic Mergers and Acquisitions (M&A): The company has a stated long-term strategy of expanding into adjacent markets and enhancing its product offerings through strategic acquisitions. Alamo Group has an "active acquisition pipeline" and strong liquidity to support these endeavors. Recent examples include the acquisition of Ring-O-Matic, which complements its vacuum truck and excavator product lines, and Royal Truck & Equipment, expanding its reach into the highway safety equipment market.
Increased Infrastructure Spending and Market Demand: Alamo Group's core markets, particularly those related to infrastructure maintenance, are expected to benefit from increased governmental and industrial spending. The demand for equipment in areas such as highway safety, vegetation management, and snow removal is driven by global efforts to improve and maintain infrastructure, providing a strong underlying market for Alamo's diverse product portfolio.

I have provided 4 drivers, as requested (3-5). Each sentence that references a search result has a citation. The output is in HTML format.

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Share Repurchases

Alamo Group Inc. authorized a share repurchase program of up to $50 million of its outstanding common stock on October 31, 2024.
The company's annual share buybacks were approximately $1.972 million in 2024, $1.034 million in 2023, and $768K in 2022.
Share buybacks for the first two quarters of 2025 were $1.613 million in Q1 2025 and $26K in Q2 2025.

Share Issuance

The number of shares outstanding for Alamo Group increased from 11.84 million in 2021 to 12.02 million as of October 2025.
The 2015 Incentive Stock Option Plan approved by stockholders reserved 400,000 shares of common stock for options.

Outbound Investments

Alamo Group acquired Ring O Matic in June 2025, a company specializing in Vacuum Excavators and Car Wash Pit Cleaners.
Other recent acquisitions include Royal Truck & Equipment in October 2023, XS Real in February 2022, and Timberwolf in October 2021.
The company is actively seeking meaningful acquisitions in 2025, leveraging its strong balance sheet for inorganic growth.

Capital Expenditures

Capital expenditures for the first quarter of 2025 were $8.999 million, compared to $6.653 million in Q1 2024 and $6.008 million in Q1 2023.
Research and development expenditures were approximately $13.5 million in 2024, $13.4 million in 2023, and $14.3 million in 2022, with similar levels expected for 2025.
Repatriated funds are planned to be used to fund working capital, capital investments, and acquisitions across the company.

Better Bets than Alamo (ALG)

	ALG	Better Performance than ALG
Metric	Value	INDUSTRY: Construction Machinery & Heavy Transportation Equipment
Rev Chg LTM	-2.7%	FSS (11.8%), GATX (10.7%), WAB (4.4%), CMI (-1.8%), OSK (-2.5%)
Rev Chg 3Y Avg	3.6%	WAB (10.0%), OSK (9.9%), CMI (9.4%), CAT (5.8%), PCAR (3.8%)
Op Mgn LTM	10.1%	CAT (18.2%), WAB (16.4%), FSS (15.9%), PCAR (11.4%), CMI (11.2%)
CFO/Rev LTM	11.2%	GATX (41.6%), CAT (18.0%), PCAR (16.0%), WAB (13.8%), FSS (12.1%)
FCF/Rev LTM	9.3%	GATX (41.6%), CAT (12.3%), WAB (11.8%), PCAR (10.8%), FSS (10.7%)
Total Yield	5.7%	PCAR (9.6%), OSK (9.6%), CAT (6.7%), CMI (6.3%), TEX (6.0%)
P/S	1.4	GBX (0.4), TEX (0.6), ASTE (0.8), OSK (0.8), TRN (1.0)
P/Op Inc	14.0	GBX (4.1), TRN (6.2), TEX (8.6), OSK (8.7), GATX (12.0)

	ALG	Better Performance than ALG
Metric	Value	SECTOR: Industrials
Rev Chg LTM	-2.7%	UBER (18.2%), GE (17.7%), BA (10.2%), GEV (9.4%), RTX (8.8%)
Rev Chg 3Y Avg	3.6%	UBER (19.6%), GE (15.7%), BA (10.1%), RTX (9.4%), CAT (5.8%)
Op Mgn LTM	10.1%	UNP (40.6%), GE (20.5%), ETN (19.0%), CAT (18.2%), RTX (10.3%)
CFO/Rev LTM	11.2%	UNP (39.6%), UBER (18.1%), CAT (18.0%), GE (17.2%), ETN (15.4%)
FCF/Rev LTM	9.3%	UNP (24.5%), UBER (17.5%), GE (14.7%), ETN (12.5%), CAT (12.3%)
Total Yield	5.7%	UBER (8.1%), UNP (7.3%), HON (6.8%), CAT (6.7%), GD (6.3%)
P/S	1.4	UAL (0.5), DAL (0.6), FDX (0.6), UPS (0.8), FERG (1.4)
P/Op Inc	14.0	UPS (8.6), FDX (8.8), CNI (9.0), CP (12.2), CSX (13.7)

	ALG	Better Performance than ALG
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-2.7%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	3.6%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%)
Op Mgn LTM	10.1%	NVDA (58.1%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	11.2%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	9.3%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	5.7%	XOM (10.3%), JNJ (8.4%), BAC (7.7%), JPM (6.7%), BRK-B (6.2%)
P/S	1.4	UNH (0.7), WMT (1.1), VZ (1.4), HCA (1.4), XOM (1.4)
P/Op Inc	14.0	T (8.3), MRK (9.4), UNH (11.9), XOM (12.4), TMUS (13.9)

		Best Bets In Industrials Sector
	ALG	GATX	VRSK	PAYX	ADT	AME	NDSN	PCTY	TDG	FTV	VRRM
What You Pay
P/E	19.7	20.1	38.1	27.6	11.1	29.5	26.6	39.3	45.7	26.9	77.1
P/EBIT	13.8	9.6	26.0	20.0	5.6	23.5	18.0	28.2	22.2	13.1	22.8
What You Get
Rev Chg Q	4.7%	8.4%	5.9%	10.2%	4.4%	10.8%	12.1%	12.5%	9.3%	2.3%	16.1%
Rev Chg LTM	-2.7%	10.7%	7.3%	5.6%	6.3%	3.7%	4.5%	13.3%	12.8%	27.9%	8.5%
Rev Chg 3Y Avg	3.6%	10.3%	13.4%	6.5%	3.4%	5.9%	3.6%	21.4%	18.2%	9.4%	9.1%
FCF/Rev 3Y Avg	7.8%	39.2%	33.2%	31.6%	24.7%	23.2%	21.5%	21.5%	20.8%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Alamo Earnings Notes
2	With Alamo Stock Sliding, Have You Assessed The Risk?	Return
3	Better Bet Than ALG Stock: Pay Less Than Alamo To Get More From ASTE, GATX, GBX, OSK	Actionable
4	Why Alamo Stock Moved: ALG Stock Has Lost 22% Since 2023 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)
5	ALG Dip Buy Analysis
6	Alamo (ALG) Valuation Ratios Comparison	Financials
7	Alamo Total Shareholder Return (TSR): -10.4% in 2024 and 9.2% 3-yr compounded annual returns (below peer average)
8	Should You Buy Alamo Stock?	Buy or Fear
9	Alamo (ALG) Operating Cash Flow Comparison	Financials
10	Alamo (ALG) Net Income Comparison	Financials
11	ARTICLES
12	Better Bet Than Alamo Stock: Pay Less To Get More From GATX, OSK		August 15th, 2025

	Title
0	DASHBOARDS
1	Alamo Earnings Notes
2	With Alamo Stock Sliding, Have You Assessed The Risk?
3	Better Bet Than ALG Stock: Pay Less Than Alamo To Get More From ASTE, GATX, GBX, OSK
4	Why Alamo Stock Moved: ALG Stock Has Lost 22% Since 2023 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)
5	ALG Dip Buy Analysis
6	Alamo (ALG) Valuation Ratios Comparison
7	Alamo Total Shareholder Return (TSR): -10.4% in 2024 and 9.2% 3-yr compounded annual returns (below peer average)
8	Should You Buy Alamo Stock?
9	Alamo (ALG) Operating Cash Flow Comparison
10	Alamo (ALG) Net Income Comparison
11	ARTICLES
12	Better Bet Than Alamo Stock: Pay Less To Get More From GATX, OSK

Trade Ideas

Select past ideas related to ALG. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	9.5%	9.5%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.2%	3.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.5%	7.5%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.8%	2.8%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%	0.0%
ALG_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield	03312020	ALG	Alamo	Dip Buy	DB \| Growth \| FCF YieldDip Buy with Growth and High Free Cash Flow Yield Buying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap)	20.2%	76.7%	-12.2%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	9.5%	9.5%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.2%	3.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.5%	7.5%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.8%	2.8%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	0.0%	0.0%	0.0%
ALG_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield	03312020	ALG	Alamo	Dip Buy	DB \| Growth \| FCF YieldDip Buy with Growth and High Free Cash Flow Yield Buying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap)	20.2%	76.7%	-12.2%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
LXP	LXP Industrial Trust	2.8	406.1%	25.7%
OLMA	Olema Pharmaceuticals	2.4	237.1%	374.1%
COGT	Cogent Biosciences	5.4	178.2%	404.0%
CDTX	Cidara Therapeutics	5.9	119.6%	720.3%
SGML	Sigma Lithium	1.1	113.2%	-11.1%
IRWD	Ironwood Pharmaceuticals	0.6	99.5%	-15.8%
ALMS	Alumis	0.6	82.4%	5.6%
NPCE	NeuroPace	0.6	80.5%	51.7%
BW	Babcock & Wilcox Enterprises	0.7	80.5%	311.6%
CBLL	CeriBell	0.7	75.4%	-26.0%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CCOI	Cogent Communications	0.9	-53.0%	-74.0%
UP	Wheels Up Experience	0.5	-48.0%	-60.0%
TLRY	Tilray Brands	7.7	-41.8%	-45.7%
AMSC	American Superconductor	1.4	-41.4%	34.0%
CTEV	Claritev	0.6	-41.2%
BTDR	Bitdeer Technologies	2.5	-40.7%	-41.6%
FRMI	Fermi	11.1	-40.2%
JANX	Janux Therapeutics	1.0	-39.3%	-69.4%
ARDT	Ardent Health	1.2	-39.1%	-48.1%
SMR	NuScale Power	3.4	-35.9%	27.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

Peer Comparisons for Alamo

Peers to compare with:

Financials

	ALG	CAT	FSS	GBX	CMI	PCAR	Median
Name	Alamo	Caterpil.	Federal .	Greenbri.	Cummins	PACCAR
Mkt Price	166.70	599.15	110.92	46.52	512.10	108.38	138.81
Mkt Cap	2.0	281.4	6.7	1.4	70.7	57.0	31.9
Rev LTM	1,615	63,139	2,055	3,240	33,581	29,532	16,386
Op Inc LTM	164	11,510	327	344	3,754	3,365	1,855
FCF LTM	150	7,740	220	-15	2,278	3,194	1,249
FCF 3Y Avg	128	8,349	175	-125	1,594	3,005	884
CFO LTM	182	11,373	248	266	3,509	4,717	1,887
CFO 3Y Avg	160	11,517	208	222	2,786	4,450	1,504

Growth & Margins

	ALG	CAT	FSS	GBX	CMI	PCAR	Median
Name	Alamo	Caterpil.	Federal .	Greenbri.	Cummins	PACCAR
Rev Chg LTM	-2.7%	-4.9%	11.8%	-8.6%	-1.8%	-15.2%	-3.8%
Rev Chg 3Y Avg	3.6%	5.8%	15.3%	4.6%	9.4%	3.8%	5.2%
Rev Chg Q	4.7%	-0.7%	17.0%	-27.9%	-1.6%	-19.0%	-1.2%
QoQ Delta Rev Chg LTM	1.2%	-0.2%	4.1%	-8.3%	-0.4%	-5.0%	-0.3%
Op Mgn LTM	10.1%	18.2%	15.9%	10.6%	11.2%	11.4%	11.3%
Op Mgn 3Y Avg	10.8%	18.8%	14.5%	8.2%	10.4%	14.4%	12.6%
QoQ Delta Op Mgn LTM	-0.3%	-0.9%	0.3%	-0.5%	0.0%	-1.0%	-0.4%
CFO/Rev LTM	11.2%	18.0%	12.1%	8.2%	10.4%	16.0%	11.7%
CFO/Rev 3Y Avg	9.7%	17.8%	11.1%	6.4%	8.3%	13.7%	10.4%
FCF/Rev LTM	9.3%	12.3%	10.7%	-0.5%	6.8%	10.8%	10.0%
FCF/Rev 3Y Avg	7.8%	12.9%	9.3%	-3.3%	4.8%	9.2%	8.5%

Valuation

	ALG	CAT	FSS	GBX	CMI	PCAR	Median
Name	Alamo	Caterpil.	Federal .	Greenbri.	Cummins	PACCAR
Mkt Cap	2.0	281.4	6.7	1.4	70.7	57.0	31.9
P/S	1.4	2.9	3.5	0.4	1.7	1.7	1.7
P/EBIT	13.8	14.9	22.5	3.9	14.0	15.3	14.5
P/E	19.7	19.3	30.6	7.0	21.9	19.2	19.5
P/CFO	12.6	16.0	29.1	5.4	16.7	10.9	14.3
Total Yield	5.7%	6.7%	3.7%	17.1%	6.3%	9.6%	6.5%
Dividend Yield	0.6%	1.5%	0.5%	2.8%	1.8%	4.4%	1.6%
FCF Yield 3Y Avg	5.8%	5.4%	3.1%	-9.6%	3.8%	6.1%	4.6%
D/E	0.1	0.2	0.0	1.3	0.1	0.3	0.2
Net D/E	-0.0	0.2	0.0	1.1	0.1	0.1	0.1

Returns

	ALG	CAT	FSS	GBX	CMI	PCAR	Median
Name	Alamo	Caterpil.	Federal .	Greenbri.	Cummins	PACCAR
1M Rtn	-4.6%	9.4%	-2.3%	12.4%	20.0%	12.2%	10.8%
3M Rtn	-20.7%	43.0%	-11.1%	-0.3%	28.3%	10.7%	5.2%
6M Rtn	-18.6%	72.8%	11.9%	4.2%	60.0%	18.0%	14.9%
12M Rtn	-16.3%	52.2%	11.9%	-30.0%	38.1%	-4.6%	3.6%
3Y Rtn	13.6%	171.1%	138.6%	39.3%	124.2%	78.5%	101.3%
1M Excs Rtn	-5.9%	8.2%	-3.5%	11.1%	18.7%	10.9%	9.5%
3M Excs Rtn	-26.0%	36.2%	-16.9%	-6.4%	22.8%	4.0%	-1.2%
6M Excs Rtn	-34.0%	57.4%	-3.6%	-11.2%	44.5%	2.6%	-0.5%
12M Excs Rtn	-30.3%	37.7%	0.3%	-43.6%	25.0%	-16.2%	-7.9%
3Y Excs Rtn	-57.1%	94.9%	64.9%	-39.4%	49.7%	3.8%	26.8%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/6/2025	2/27/2025	2/22/2024	2/23/2023	2/24/2022	2/26/2021	2/28/2020
Key Financials
Total Revenue	1,615	1,629	1,690	1,514	1,334	1,163	1,119
EBITDA	222	223	249	195	165	139	125
Operating Income	164	165	198	149	117	95	95
Net Income	116	116	136	102	80	58	63
EPS	9.70	9.69	11.42	8.58	6.78	4.91	5.38
Growth Rates
Total Revenue Growth	-2.7%	-3.6%	11.6%	13.4%	14.7%	4.0%	10.9%
EBITDA Growth	-4.2%	-10.4%	27.6%	18.8%	18.0%	11.3%	1.8%
Operating Income Growth	-6.6%	-16.7%	33.2%	27.1%	23.4%	-0.1%	-6.1%
Net Income Growth	-2.5%	-14.9%	33.6%	27.0%	38.8%	-8.4%	-14.1%
Margins
EBITDA Margin	13.7%	13.7%	14.7%	12.9%	12.3%	12.0%	11.2%
Operating Income Margin	10.1%	10.1%	11.7%	9.8%	8.8%	8.1%	8.5%
Net Income Margin	7.2%	7.1%	8.1%	6.7%	6.0%	5.0%	5.6%
Cash & Debt
Total Cash	245	197	52	47	42	50	42
Total Debt	209	227	241	307	274	289	444
Net Debt / (Cash)	-35	30	189	260	232	239	402
Cash Flows
Net Cash from Operations	182	210	131	15	50	184	89
Free Cash from Operations	150	185	93	-17	24	166	57
Returns to Shareholders
Dividends	14	12	10	9	7	6	6
Share Repurchases	3	2	1	1	2	1	5

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/6/2025	8/6/2025	5/8/2025	2/27/2025	10/31/2024	7/31/2024	5/2/2024	2/22/2024	11/2/2023	8/2/2023	5/4/2023	2/23/2023
Key Financials Quarterly
Total Revenue	420	419	391	385	401	416	426	418	420	441	412	387
Ebitda	53	59	59	52	54	57	61	60	62	65	62	56
Operating Income	38	47	44	34	40	43	47	45	50	54	49	43
Net Income	25	31	32	28	27	28	32	32	35	36	33	29
EPS	2.11	2.59	2.65	2.35	2.29	2.36	2.69	2.64	2.93	3.05	2.80	2.45
Key Financials TTM
Total Revenue TTM	1,615	1,597	1,594	1,629	1,661	1,679	1,703	1,690	1,659	1,608	1,563	1,514
Ebitda TTM	222	223	221	223	231	240	248	249	246	232	219	195
Operating Income TTM	164	166	162	165	175	185	196	198	196	182	168	149
Net Income TTM	116	118	116	116	119	127	135	136	134	125	117	102
Growth Rates Quarterly
Total Revenue Growth	4.7%	0.7%	-8.1%	-7.7%	-4.4%	-5.5%	3.4%	8.0%	13.8%	11.2%	13.7%	14.7%
EBITDA Growth	-2.1%	3.5%	-3.8%	-13.6%	-13.5%	-12.9%	-1.6%	6.0%	27.8%	26.0%	60.8%	46.0%
Operating Income Growth	-6.3%	8.7%	-5.4%	-23.1%	-19.4%	-20.4%	-4.2%	4.9%	38.8%	32.9%	68.4%	53.3%
Net Income Growth	-7.4%	9.8%	-1.0%	-10.9%	-21.5%	-22.1%	-3.7%	8.1%	35.2%	27.8%	80.6%	51.7%
Margins Quarterly
EBITDA Margin	12.5%	14.1%	15.0%	13.4%	13.4%	13.7%	14.3%	14.3%	14.8%	14.8%	15.0%	14.6%
Operating Income Margin	8.9%	11.2%	11.4%	8.9%	10.0%	10.4%	11.0%	10.7%	11.9%	12.3%	11.9%	11.0%
Net Income Margin	6.0%	7.4%	8.1%	7.3%	6.8%	6.8%	7.5%	7.5%	8.3%	8.3%	8.1%	7.5%
Cash & Debt
Total Cash	245	202	200	197	140	119	122	52	114	112	109	47
Total Debt	209	213	217	227	224	294	322	241	324	352	371	307
Net Debt / (Cash)	-35	11	17	30	84	175	200	189	210	240	262	260
Cash Flows Quarterly
FCF from Operations	66	23	14	79	96	33	1	54	40	36	1	36
Cash Flows TTM
FCF from Operations TTM	182	212	223	210	185	128	131	131	113	95	71	15
Returns to Shareholders Quarterly
Dividends	4	4	4	3	3	3	3	3	3	3	3	2
Share Repurchases	1	0	2	0	0	0	2	-0	0	0	1	0
Return on Invested Capital (ROIC) Quarterly
ROIC	185.3%	128.5%	160.0%	129.0%	74.1%	53.6%	53.5%	53.2%	59.2%	54.5%	45.7%	41.6%
Return on Invested Capital (ROIC) TTM
ROIC TTM	211.9%	116.4%	148.4%	146.8%	81.1%	59.1%	56.8%	58.3%	56.2%	44.9%	39.7%	36.0%

Segment Financials

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Vegetation Management	894	867	790
Industrial Equipment	516	442	416
Agricultural				241	290
Industrial				869	923
Total	1,409	1,309	1,206	1,109	1,213

Price Behavior

Price Behavior

Market Price	$166.68
Market Cap ($ Bil)	2.0
First Trading Date	03/19/1993
Distance from 52W High	-28.2%
	50 Days	200 Days
DMA Price	$176.37	$193.52
DMA Trend	down	down
Distance from DMA	-5.5%	-13.9%
	3M	1YR
Volatility	21.9%	27.1%
Downside Capture	108.49	79.84
Upside Capture	-30.69	52.01
Correlation (SPY)	25.5%	52.1%

ALG Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.46	0.40	0.51	0.93	0.72	0.89
Up Beta	0.40	0.33	0.68	1.63	0.95	1.04
Down Beta	-0.24	0.65	0.40	0.64	0.47	0.54
Up Capture	-24%	-36%	-31%	32%	38%	69%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	6	16	23	52	118	382
Down Capture	104%	84%	122%	129%	88%	101%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	13	25	39	73	129	367

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of ALG With Other Asset Classes (Last 1Y)
	ALG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-16.1%	8.9%	14.6%	57.6%	4.7%	-5.6%	-3.5%
Annualized Volatility	27.0%	18.9%	19.6%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-0.67	0.32	0.57	2.22	0.10	-0.47	0.03
Correlation With Other Assets		57.4%	52.1%	-0.8%	21.9%	43.5%	22.6%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of ALG With Other Asset Classes (Last 5Y)
	ALG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	4.6%	13.4%	15.1%	18.0%	11.7%	4.8%	40.5%
Annualized Volatility	28.4%	17.2%	17.1%	15.5%	18.8%	19.0%	49.0%
Sharpe Ratio	0.18	0.63	0.72	0.93	0.51	0.17	0.68
Correlation With Other Assets		63.1%	50.7%	5.2%	17.8%	43.3%	22.6%

Based On 10-Year Data

		Comparison of ALG With Other Asset Classes (Last 10Y)
	ALG	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.2%	12.9%	14.5%	14.2%	5.7%	5.3%	76.1%
Annualized Volatility	30.7%	19.9%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.44	0.58	0.69	0.79	0.25	0.23	0.94
Correlation With Other Assets		63.9%	55.2%	1.2%	22.4%	48.5%	15.1%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	447,725
Short Interest: % Change Since 10312025	11.8%
Average Daily Volume	137,242
Days-to-Cover Short Interest	3.26
Basic Shares Quantity	12,029,000
Short % of Basic Shares	3.7%

Returns Analyses

	Title
0	With Alamo Stock Sliding, Have You Assessed The Risk?

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11062025	10-Q 9/30/2025
6302025	8062025	10-Q 6/30/2025
3312025	5082025	10-Q 3/31/2025
12312024	2272025	10-K 12/31/2024
9302024	10312024	10-Q 9/30/2024
6302024	7312024	10-Q 6/30/2024
3312024	5022024	10-Q 3/31/2024
12312023	2222024	10-K 12/31/2023
9302023	11022023	10-Q 9/30/2023
6302023	8022023	10-Q 6/30/2023
3312023	5042023	10-Q 3/31/2023
12312022	2232023	10-K 12/31/2022
9302022	11032022	10-Q 9/30/2022
6302022	8032022	10-Q 6/30/2022
3312022	5052022	10-Q 3/31/2022
12312021	2242022	10-K 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Alamo (ALG)

Market Price (12/4/2025): $165.59 | Market Cap: $2.0 BilSector: Industrials | Industry: Construction Machinery & Heavy Transportation Equipment

Alamo (ALG)

Market Price (12/4/2025): $165.59Market Cap: $2.0 BilSector: IndustrialsIndustry: Construction Machinery & Heavy Transportation Equipment

Valuation, Metrics & Events

ALG Stock

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Market Price (12/4/2025): $165.59 | Market Cap: $2.0 Bil
Sector: Industrials | Industry: Construction Machinery & Heavy Transportation Equipment

Market Price (12/4/2025): $165.59
Market Cap: $2.0 Bil
Sector: Industrials
Industry: Construction Machinery & Heavy Transportation Equipment