AMERICAN VANGUARD CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $515.1M | $547.3M | $579.4M | $609.6M | $557.7M | $458.7M | $468.2M | $454.3M |
| Cost of Revenue | $367.6M | $427.0M | $400.2M | $417.2M | $387.0M | $286.1M | $290.8M | $271.6M |
| Gross Profit | $147.6M | $120.3M | $179.2M | $192.4M | $170.7M | $172.6M | $177.4M | $182.6M |
| Gross Margin | 28.6% | 22.0% | 30.9% | 31.6% | 30.6% | 37.6% | 37.9% | 40.2% |
| Operating Expenses | ||||||||
| Research & Development | $23.2M | $32.7M | $38.0M | $31.8M | $28.9M | $26.3M | $24.1M | $26.4M |
| SG&A Expense | $110.6M | $119.6M | $116.9M | $119.9M | $111.1M | $36.1M | $46.6M | $43.0M |
| Operating Income | $-28.3M | $-101.6M | $23.3M | $40.7M | $30.9M | $22.9M | $26.2M | $39.0M |
| Operating Margin | -5.5% | -18.6% | 4.0% | 6.7% | 5.5% | 5.0% | 5.6% | 8.6% |
| Interest Expense | $18.5M | $16.5M | $12.6M | $4.0M | $3.7M | $5.2M | $7.2M | $4.0M |
| Pretax Income | $-47.2M | $-120.5M | $10.3M | $36.0M | $27.1M | $18.4M | $19.0M | $33.6M |
| Income Tax Expense | $2.7M | $5.9M | $2.8M | $8.6M | $8.2M | $3.1M | $5.2M | $9.1M |
| Net Income | $-49.9M | $-126.3M | $7.5M | $27.4M | $18.6M | $15.2M | $13.6M | $24.2M |
| Net Margin | -9.7% | -23.1% | 1.3% | 4.5% | 3.3% | 3.3% | 2.9% | 5.3% |
| EPS (Basic) | $-1.75 | $-4.50 | $0.27 | $0.94 | $0.62 | $0.52 | $0.47 | $0.83 |
| EPS (Diluted) | $-1.75 | $-4.50 | $0.26 | $0.92 | $0.61 | $0.51 | $0.46 | $0.81 |
| Shares Outstanding (Basic) | 28.4M | 28.1M | 28.1M | 29.2M | 29.8M | 29.5M | 29.0M | 29.3M |
| Shares Outstanding (Diluted) | 28.4M | 28.1M | 28.5M | 29.9M | 30.4M | 30.0M | 29.7M | 30.0M |
| Dividends Per Share | — | $0.06 | $0.12 | $0.10 | $0.08 | $0.04 | $0.08 | $0.08 |