Alamo Group
ALG on NYSE. Alamo Group sells industrial and vegetation management equipment to dealers, contractors, and municipalities. Market value $2.0bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Worth a closer look
Why it could be worth it
What to watch out for
Nothing stood out in the numbers we check.
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $6.86 of spare cash in the past 12 months. A savings account pays about $4.
You pay 13.8 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 11 cents a year. Above 10 is good.
Quality score: 84 of 100. Price score: 91 of 100. Our list needs 70 on quality and 60 on price.
$162.11 a share, 11% above its 1-year low
Over the past year the price has ranged from $145.76 to $219.88.
Dividend: 0.7% a year
Paid every year for at least 5 years
Payouts have jumped around in recent years, so this may not repeat.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $1.3bn | $1.5bn | $1.7bn | $1.6bn | $1.6bn |
| Operating margin | |||||
| Operating margin | 8.8% | 9.8% | 11.7% | 10.1% | 9.5% |
| Debt to equity | |||||
| Debt to equity | 0.38 | 0.38 | 0.25 | 0.22 | 0.18 |
| Shares outstanding | |||||
| Shares outstanding | 0.01bn | 0.01bn | 0.01bn | 0.01bn | 0.01bn |
Health checks
- Free cash flow positive4 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)6 of 9
- Profit backed by cash (accruals)Yes
- Debt0.18× equity
- Revenue growth, five yearsSlow, 6.6% a year
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $451 million last quarter, up 8% on a year ago.
- Profit: $31 million, about the same as a year ago.
- It keeps 9 cents of each $1 of sales as operating profit, down from 10 cents a year earlier.
- Spare cash over the past 12 months: $135 million, down from $185 million.
- About the same number of shares as a year ago.
- Debt is $68 million more than cash, up from $11 million a year ago.
- Sales grew on a year ago in 3 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $401m |
| December 2024 | $385m |
| March 2025 | $391m |
| June 2025 | $419m |
| September 2025 | $420m |
| December 2025 | $374m |
| March 2026 | $417m |
| June 2026 | $451m |
| Quarter to | Amount |
|---|---|
| September 2024 | $27m |
| December 2024 | $28m |
| March 2025 | $32m |
| June 2025 | $31m |
| September 2025 | $25m |
| December 2025 | $16m |
| March 2026 | $29m |
| June 2026 | $31m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 2 March 2026
- Next quarterly (estimated, 10-Q)
- 2 November 2026
Who owns it
4 long-term investors we follow own it, up from 3 last quarter. 271 funds in all.
- Cambiar InvestorsBrian Barish
- Value
- $1m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Royce & AssociatesChuck Royce | $14m | 0.1% | Added |
| Third Avenue ManagementMatthew Fine | $7m | 1.1% | Added |
| Nuance InvestmentsScott Moore | $3m | 0.6% | New |
| Cambiar InvestorsBrian Barish | $1m | <0.1% |
Largest holders overall
- BlackRock$289mAdded
- Longview Asset Management$224m
- Allspring Global Investments Holdings$103mCut
- Dimensional Fund Advisors LP$93mAdded
- Vanguard Capital Management$76m
- State Street$70mAdded
- First Trust Advisors LP$63mCut
- Wasatch Advisors LP$50mCut
- Victory Capital Management$47mCut
- Geode Capital Management$47mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- BlackRock, Inc.Passive investor13.1%Since 30 June 2025
- Dimensional Fund Advisors LPPassive investorSold down below 5%Since 31 March 2025
- Victory Capital Management, Inc.Passive investorSold down below 5%Since 30 September 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 13.1% | 30 June 2025 | |
Dimensional Fund Advisors LP Passive investor | Sold down below 5% | 31 March 2025 | |
Victory Capital Management, Inc. Passive investor | Sold down below 5% | 30 September 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 2 insiders bought $290,819 of shares on the open market. 2 sold $1m.
- Rizzuti EdwardEVP, Corp Dev, IR & SecretarySold
- Date
- 4 September 2026
- Shares
- 2,537
- Price
- $174.68
- Value
- $443,163
- Rizzuti EdwardEVP, Corp Dev, IR & SecretarySold
- Date
- 13 August 2026
- Shares
- 2,715
- Price
- $164.41
- Value
- $446,368
- Grooms Nina CDirectorBought
- Date
- 24 March 2026
- Shares
- 233
- Price
- $171.61
- Value
- $39,985
- Rizzuti EdwardEVP, Corp Dev, IR & SecretarySold
- Date
- 24 March 2026
- Shares
- 600
- Price
- $170.93
- Value
- $102,558
- Grooms Nina CDirectorSold
- Date
- 11 March 2026
- Shares
- 499
- Price
- $175.20
- Value
- $87,425
- Hureau Robert PaulPresident & CEO, DirectorBought
- Date
- 9 March 2026
- Shares
- 460
- Price
- $164.40
- Value
- $75,624
- Hureau Robert PaulPresident & CEO, DirectorBought
- Date
- 26 November 2025
- Shares
- 304
- Price
- $163.48
- Value
- $49,698
- Hureau Robert PaulPresident & CEO, DirectorBought
- Date
- 14 November 2025
- Shares
- 154
- Price
- $161.36
- Value
- $24,849
- Hureau Robert PaulPresident & CEO, DirectorBought
- Date
- 13 November 2025
- Shares
- 600
- Price
- $167.77
- Value
- $100,662
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 4 September 2026 | Rizzuti Edward EVP, Corp Dev, IR & Secretary | Sold | 2,537 | $174.68 | $443,163 |
| 13 August 2026 | Rizzuti Edward EVP, Corp Dev, IR & Secretary | Sold | 2,715 | $164.41 | $446,368 |
| 24 March 2026 | Grooms Nina C Director | Bought | 233 | $171.61 | $39,985 |
| 24 March 2026 | Rizzuti Edward EVP, Corp Dev, IR & Secretary | Sold | 600 | $170.93 | $102,558 |
| 11 March 2026 | Grooms Nina C Director | Sold | 499 | $175.20 | $87,425 |
| 9 March 2026 | Hureau Robert Paul President & CEO, Director | Bought | 460 | $164.40 | $75,624 |
| 26 November 2025 | Hureau Robert Paul President & CEO, Director | Bought | 304 | $163.48 | $49,698 |
| 14 November 2025 | Hureau Robert Paul President & CEO, Director | Bought | 154 | $161.36 | $24,849 |
| 13 November 2025 | Hureau Robert Paul President & CEO, Director | Bought | 600 | $167.77 | $100,662 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 2 Mar 2026, plus the 10-Q filed 3 Aug 2026 and 9 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
The company just told the SEC about a big change. The deep dive shows what it means for the price you pay.
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.