ALAMO GROUP INC
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
ALG$139.73-0.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Year Ended December 31, | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in thousands) · 2024 · 2023 · 2022 | |||||||||
| Net income | $115,930 | $136,161 | $101,928 | ||||||
| Other comprehensive income (loss), net of tax: | |||||||||
| Foreign currency translation adjustment, net of tax (expense) benefit of $1,496, $(949), and $1,069 | (29,047) | 13,644 | (23,032) | ||||||
| Unrealized (loss) income on derivative instruments, net of tax benefit (expense) of $(406), $282, and $(497), respectively | 1,387 | (1,231) | 2,047 | ||||||
| Recognition of deferred pension and other post-retirement benefits, net of tax expense of $(170), $(391), and $(194), respectively | 582 | 1,338 | 1,707 | ||||||
| Other comprehensive income (loss), net of tax | $(27,078) | $13,751 | $(19,278) | ||||||
| Comprehensive income | $88,852 | $149,912 | $82,650 | ||||||
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