Industrial Equipment Division Growth
Net sales in the Industrial Equipment division were $247 million, representing an increase of 17% compared to the third quarter of 2024. This marks the seventh consecutive quarter of year-over-year double-digit net sales growth.
Healthy Financial Position
As of September 30, 2025, Alamo Group maintained a strong financial position with total assets of $1.595 billion, up $113.6 million from the third quarter of 2024, driven by higher cash and cash equivalents.
Order Pattern Improvement in Vegetation Management
Net orders in the Vegetation Management division for the third quarter of 2025 increased double digits on a percentage basis compared to the same quarter in 2024, with a solid book-to-bill ratio of one.
Improved Cash Flow
Cash provided by operating activity for the 9 months ended September 30, 2025, was $102.4 million, a healthy conversion of 116% of net income.