ALAMO GROUP INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
ALG$140.97+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Year Ended December 31, | ||
|---|---|---|
| (in thousands, except per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $197,274 | $51,919 |
| Accounts receivable, net | 305,561 | 362,007 |
| Inventories, net | 343,363 | 377,480 |
| Prepaid expenses and other current assets | 11,206 | 12,497 |
| Income tax receivable | 91 | 54 |
| Total current assets | 857,495 | 803,957 |
| Rental equipment, net | 52,942 | 39,264 |
| Property, plant and equipment | 365,608 | 365,960 |
| Less: Accumulated depreciation | (207,276) | (199,300) |
| Total property, plant and equipment, net | 158,332 | 166,660 |
| Goodwill | 203,027 | 206,536 |
| Intangible assets, net | 151,360 | 168,296 |
| Deferred income taxes | 1,118 | 1,375 |
| Other non-current assets | 26,005 | 23,298 |
| Total assets | $1,450,279 | $1,409,386 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade accounts payable | $84,505 | $99,678 |
| Income taxes payable | 13,259 | 12,529 |
| Accrued liabilities | 77,537 | 86,711 |
| Current maturities of long-term debt and finance lease obligations | 15,008 | 15,008 |
| Total current liabilities | 190,309 | 213,926 |
| Long-term debt and finance lease obligations, net of current maturities | 205,473 | 220,269 |
| Long-term tax liability | 626 | 2,634 |
| Other long-term liabilities | 24,619 | 23,694 |
| Deferred income taxes | 10,998 | 16,100 |
| Stockholders’ equity: | ||
| Common stock, $.10 par value, 20,000,000 shares authorized; 12,017,308 and 11,964,181 outstanding at December 31, 2024 and December 31, 2023, respectively | 1,202 | 1,196 |
| Additional paid-in capital | 146,866 | 137,791 |
| Treasury stock, at cost; 82,600 shares at December 31, 2024 and December 31, 2023 | (4,566) | (4,566) |
| Retained earnings | 956,347 | 852,859 |
| Accumulated other comprehensive loss | (81,595) | (54,517) |
| Total stockholders’ equity | 1,018,254 | 932,763 |
| Total liabilities and stockholders’ equity | $1,450,279 | $1,409,386 |
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