Earnings ·
Alamo Group Inc. reported second quarter 2026 financial results with net sales of $450.7 million, a 7.6% increase…
ALGAlamo Group Inc
Alamo Group Inc. reported second quarter 2026 financial results with net sales of $450.7 million, a 7.6% increase year-over-year. Net income was $30.9 million ($2.55 diluted EPS), while adjusted net income rose to $34.2 million ($2.82 adjusted diluted EPS). Adjusted EBITDA reached $63.9 million, or 14.2% of sales. The Industrial Equipment Division drove growth with $271.6 million in sales (+12.8%), aided by the Petersen acquisition, while Vegetation Management sales remained flat at $179.1 million. The company renewed its credit facility in May 2026, preserving $602.5 million in committed capacity including a $400.0 million revolver and $202.5 million term loan. At June 30, cash stood at $195.0 million against total debt of $262.7 million. Alamo Group manufactures and sells high-quality industrial and vegetation management equipment.