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Alamo Group (Alamo Group) Net Income : $136 Mil (TTM As of Dec. 2023)


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What is Alamo Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Alamo Group's Net Income for the three months ended in Dec. 2023 was $32 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $136 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Alamo Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $2.63.


Alamo Group Net Income Historical Data

The historical data trend for Alamo Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alamo Group Net Income Chart

Alamo Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.10 57.80 80.25 101.93 136.16

Alamo Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.17 33.35 36.37 34.92 31.52

Alamo Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Alamo Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=175.12+-38.959+0+0
=136

Alamo Group's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=40.238+-8.715+0+0
=32

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $136 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alamo Group  (NYSE:ALG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Alamo Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Alamo Group Net Income Related Terms

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Alamo Group (Alamo Group) Business Description

Traded in Other Exchanges
Address
1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.
Executives
Richard Hodges Raborn officer: VP & Gen Mgr Agricultural Div 1627 E. WALNUT ST., SEGUIN TX 78155
Richard J Wehrle officer: VP and Controller 1502 EAST WALNUT, SEGIN TX 78155
Dan Edward Malone officer: EVP & CFO 1502 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti officer: VP & General Counsel 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Jeffery Allen Leonard other: EVP NA Industrial Div (USA) 1627 E WALNUT ST, SEGUIN TX 78155
Robert P Bauer director 415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms director 1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson director, officer: President & CEO 1627 EAST WALNUT, SEGUIN TX 78155
Janet S Pollock officer: VP, Human Resources 1627 E WALNUT ST., SEGUIN TX 78155
Michael A Haberman officer: EVP 1627 E WALNUT ST, SEGUIN TX 78155
Lorie Tekorius director ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan officer: VP, Internal Audit 1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak director 1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod director 2707 N 108TH STREET STE102, OMAHA NE 68164