What is American Vanguard's operating income?

American Vanguard's total operating income in 2025 was -$28.30 million, based on the following breakdown: Total Gross Profit: $147.56 million Total Operating Expenses: $175.86 million

American Vanguard (AVD) Financials

$2.53 +0.03 (+1.32%)

Closing price 03:59 PM Eastern

Extended Trading

$2.54 +0.00 (+0.08%)

As of 04:04 PM Eastern

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Annual Income Statements for American Vanguard

This table shows American Vanguard's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	6.59	13	20	24	14	169	19	27	7.52	-126	-50
Consolidated Net Income / (Loss)	6.32	13	20	24	14	15	19	27	7.52	-126	-50
Net Income / (Loss) Continuing Operations	6.95	13	20	24	14	169	19	27	7.52	-126	-50
Total Pre-Tax Income	8.96	19	25	34	19	18	27	36	10	-120	-47
Total Operating Income	12	21	27	39	26	23	31	41	23	-102	-28
Total Gross Profit	112	128	147	183	177	173	171	192	179	120	148
Total Revenue	289	312	355	454	468	459	558	610	579	547	515
Operating Revenue	289	312	355	454	468	459	558	610	579	547	515
Total Cost of Revenue	177	184	208	272	291	286	387	417	400	427	368
Operating Cost of Revenue	177	184	208	272	291	286	387	417	400	427	368
Total Operating Expenses	100	108	121	144	151	0.00	140	152	156	222	176
Selling, General & Admin Expense	-	-	-	-	-	-	111	120	117	120	111
Marketing Expense	-	-	-	-	-	-	-	-	0.00	0.00	9.73
Research & Development Expense	-	-	-	-	-	-	29	32	38	33	23
Other Operating Expenses / (Income)	100	108	121	144	151	0.00	-0.17	0.00	0.96	20	7.19
Impairment Charge	-	-	-	-	-	-	-	0.00	0.00	50	25
Other Special Charges / (Income)	-	-	-	-	-	-	-	0.00	0.00	-1.00	-0.25
Total Other Income / (Expense), net	-2.56	-1.62	-1.94	-5.43	-7.21	-0.52	-3.81	-4.69	-13	-19	-19
Interest Expense	2.56	1.62	1.94	4.02	7.21	5.18	3.69	3.95	13	17	18
Interest & Investment Income	-	-	-	-	-	-	-0.79	-0.73	-0.36	-2.36	-0.44
Income Tax Expense	2.01	5.54	4.44	9.15	5.20	3.08	8.17	8.56	2.78	5.88	2.68
Basic Earnings per Share	$0.23	$0.44	$0.70	$0.83	$0.47	$0.52	$0.62	$0.94	$0.27	($4.50)	($1.75)
Weighted Average Basic Shares Outstanding	28.67M	28.86M	29.10M	29.33M	29.03M	29.45M	29.81M	29.23M	28.13M	28.06M	28.43M
Diluted Earnings per Share	$0.23	$0.44	$0.68	$0.81	$0.46	$0.51	$0.61	$0.92	$0.26	($4.50)	($1.75)
Weighted Average Diluted Shares Outstanding	29.24M	29.39M	29.70M	30.05M	29.66M	29.99M	30.41M	29.87M	28.53M	28.06M	28.43M
Weighted Average Basic & Diluted Shares Outstanding	28.70M	29.10M	29M	29.20M	30.16M	30.90M	30.94M	29.48M	28.80M	28.27M	28.54M

This table shows American Vanguard's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-0.33	6.98	1.55	-12	-26	-90	-8.46	-0.85	-12	-28	-4.15
Consolidated Net Income / (Loss)	-0.33	6.98	1.55	-12	-26	-90	-8.46	-0.85	-12	-28	-4.15
Net Income / (Loss) Continuing Operations	-0.33	6.98	1.55	-12	-26	-90	-8.46	-0.85	-12	-28	-4.15
Total Pre-Tax Income	0.56	7.69	3.04	-13	-33	-77	-8.08	-0.08	-12	-27	-4.02
Total Operating Income	4.19	12	6.09	-9.23	-28	-70	-4.31	4.37	-6.51	-22	1.89
Total Gross Profit	43	55	42	38	17	23	30	41	34	43	38
Total Revenue	150	172	135	128	118	166	116	129	119	151	124
Operating Revenue	150	172	135	128	118	166	116	129	119	151	124
Total Cost of Revenue	106	118	93	90	101	143	86	89	85	108	85
Operating Cost of Revenue	106	118	93	90	101	143	86	89	85	108	85
Total Operating Expenses	39	43	36	47	46	93	35	36	41	64	37
Selling, General & Admin Expense	30	31	29	31	26	33	27	29	27	29	28
Marketing Expense	-	-	-	-	0.00	-	0.00	-	7.03	-	0.08
Research & Development Expense	9.08	11	5.71	8.60	11	7.18	5.68	5.80	5.65	6.02	5.27
Other Operating Expenses / (Income)	0.00	-	1.15	7.35	8.14	3.53	2.19	1.62	1.44	1.93	2.80
Impairment Charge	-	-	-	-	0.00	-	0.00	-	0.09	-	0.66
Total Other Income / (Expense), net	-3.63	-4.39	-3.06	-4.04	-4.38	-7.43	-3.77	-4.45	-5.43	-5.26	-5.91
Interest Expense	3.38	4.36	3.69	3.92	4.38	4.56	3.77	4.45	4.92	5.34	5.79
Interest & Investment Income	-	-	0.64	-	0.00	-	0.00	0.00	-	-	-0.12
Income Tax Expense	0.89	0.71	1.48	-1.55	-7.02	13	0.39	0.77	0.42	1.11	0.12
Basic Earnings per Share	($0.01)	$0.25	$0.06	($0.42)	($0.91)	($3.23)	($0.30)	($0.03)	($0.43)	($0.99)	($0.14)
Weighted Average Basic Shares Outstanding	27.92M	28.13M	27.84M	28.02M	28.17M	28.06M	28.27M	28.35M	28.51M	28.43M	28.65M
Diluted Earnings per Share	($0.01)	$0.24	$0.06	($0.42)	($0.91)	($3.23)	($0.30)	($0.03)	($0.43)	($0.99)	($0.14)
Weighted Average Diluted Shares Outstanding	27.92M	28.53M	28.13M	28.02M	28.17M	28.06M	28.27M	28.35M	28.51M	28.43M	28.65M
Weighted Average Basic & Diluted Shares Outstanding	28.75M	28.80M	27.98M	28.84M	28.79M	28.27M	28.35M	28.43M	28.47M	28.54M	28.61M

This table details how cash moves in and out of American Vanguard's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	2.01	3.72	3.42	-5.22	1.18	10	0.45	4.38	-9.03	1.84	-1.09
Net Cash From Operating Activities	79	46	59	12	9.61	90	86	57	-59	3.92	-21
Net Cash From Continuing Operating Activities	79	46	59	12	9.61	90	86	57	-59	3.92	-21
Net Income / (Loss) Continuing Operations	6.32	13	20	24	14	15	19	27	7.52	-126	-50
Consolidated Net Income / (Loss)	6.32	13	20	24	14	15	19	27	7.52	-126	-50
Depreciation Expense	16	16	17	19	19	20	22	22	22	22	19
Amortization Expense	5.42	5.22	5.33	4.88	4.21	4.26	4.30	3.86	2.01	0.76	1.93
Non-Cash Adjustments To Reconcile Net Income	4.49	3.42	4.77	7.77	8.75	2.16	7.95	7.89	-37	46	10
Changes in Operating Assets and Liabilities, net	46	8.41	12	-44	-36	49	33	-4.19	-53	61	-2.19
Net Cash From Investing Activities	-44	-14	-90	-28	-55	-36	-20	-14	-17	-6.62	-3.61
Net Cash From Continuing Investing Activities	-44	-14	-90	-28	-55	-36	-20	-14	-17	-6.62	-3.61
Purchase of Property, Plant & Equipment	-6.90	-11	-6.67	-8.05	-13	-11	-9.52	-13	-12	-7.28	-3.92
Acquisitions	-37	-0.22	-82	-20	-42	-23	-11	-1.29	-5.38	-0.41	-0.17
Sale of Property, Plant & Equipment	-	-	-	-	-	0.00	0.00	0.08	0.24	1.07	0.48
Net Cash From Financing Activities	-33	-29	34	11	46	-44	-66	-38	67	4.54	24
Net Cash From Continuing Financing Activities	-33	-29	34	11	46	-44	-66	-38	67	4.54	24
Repayment of Debt	-123	-108	-0.75	-	52	-168	-187	-254	-173	-294	-223
Repurchase of Common Equity	-	-	-0.71	-7.29	-3.72	-2.75	-7.53	-36	-18	-1.43	0.00
Payment of Dividends	-1.14	-0.58	-1.60	-2.27	-2.32	-1.17	-2.38	-2.79	-3.38	-2.51	0.00
Issuance of Debt	91	80	37	19	-	127	131	253	259	303	250
Issuance of Common Equity	0.32	0.24	-	1.72	0.72	0.72	0.74	0.84	0.98	0.90	0.63
Other Financing Activities, net	0.02	0.10	-0.03	0.00	-0.17	0.38	-1.13	0.76	0.05	-0.85	-3.59

This table details how cash moves in and out of American Vanguard's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-2.63	-0.71	1.71	5.73	-6.84	1.25	-1.22	1.81	2.29	-3.97	59
Net Cash From Operating Activities	-49	87	-36	-13	28	25	-21	-19	13	5.95	-35
Net Cash From Continuing Operating Activities	-49	87	-36	-13	28	25	-21	-19	13	5.95	-35
Net Income / (Loss) Continuing Operations	-0.33	6.98	1.55	-12	-26	-90	-8.46	-0.85	-12	-28	-4.15
Consolidated Net Income / (Loss)	-0.33	6.98	1.55	-12	-26	-90	-8.46	-0.85	-12	-28	-4.15
Depreciation Expense	2.07	15	5.44	5.46	5.70	5.72	4.74	4.70	4.56	4.74	4.69
Amortization Expense	3.80	-9.62	0.19	0.22	0.13	0.22	0.24	0.58	0.60	0.74	0.74
Non-Cash Adjustments To Reconcile Net Income	2.48	-43	1.69	1.31	1.89	42	1.41	0.58	1.25	6.74	1.43
Changes in Operating Assets and Liabilities, net	-57	117	-45	-8.52	46	68	-19	-24	19	22	-38
Net Cash From Investing Activities	-1.98	-7.87	-3.57	-2.83	0.02	-0.24	-0.45	-0.61	-0.99	-1.57	-0.97
Net Cash From Continuing Investing Activities	-1.98	-7.87	-3.57	-2.83	0.02	-0.24	-0.45	-0.61	-0.99	-1.57	-0.97
Purchase of Property, Plant & Equipment	-2.09	-3.29	-3.57	-1.38	-1.16	-1.17	-0.43	-0.59	-1.38	-1.52	-0.97
Acquisitions	-0.04	-4.62	-0.03	-1.50	1.19	-0.07	-0.03	-0.06	-0.05	-0.03	-0.01
Sale of Property, Plant & Equipment	0.16	0.04	0.02	0.05	-0.01	1.00	0.01	0.04	0.44	-0.02	0.01
Net Cash From Financing Activities	49	-80	41	22	-35	-24	20	22	-9.42	-8.36	95
Net Cash From Continuing Financing Activities	49	-80	41	22	-35	-24	20	22	-9.42	-8.36	95
Repayment of Debt	-8.75	-110	-35	-75	-104	-80	-90	-39	-51	-44	-156
Repurchase of Common Equity	-8.31	-1.97	-0.01	-	-	-	-0.01	-	-	-	-0.02
Issuance of Debt	66	31	77	98	70	57	109	62	44	36	251
Issuance of Common Equity	0.50	0.00	0.43	-	0.47	-	0.33	0.00	0.30	-	0.26

This table presents American Vanguard's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	435	430	536	594	670	680	694	726	768	637	597
Total Current Assets	229	227	255	310	336	330	342	389	432	379	371
Cash & Equivalents	5.52	7.87	11	6.17	6.58	16	16	20	11	13	12
Accounts Receivable	75	87	110	134	153	137	159	166	191	174	168
Inventories, net	136	121	123	160	163	164	154	184	220	179	176
Prepaid Expenses	11	11	11	10	10	10	12	16	6.26	7.62	9.67
Current Deferred & Refundable Income Taxes	-	-	-	-	2.82	3.05	0.00	1.89	3.82	5.03	4.61
Plant, Property, & Equipment, net	48	50	49	49	57	65	66	71	75	58	53
Total Noncurrent Assets	159	153	231	234	277	285	286	267	261	200	173
Goodwill	-	-	22	26	47	52	46	47	51	20	0.00
Intangible Assets	129	121	181	187	198	198	198	185	173	150	139
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	0.00	2.76	0.27	0.14	2.85	1.24	2.64
Other Noncurrent Operating Assets	30	31	28	22	32	32	42	35	34	28	32
Total Liabilities & Shareholders' Equity	435	430	536	594	670	680	694	726	768	637	597
Total Liabilities	167	148	230	264	326	320	321	356	398	404	404
Total Current Liabilities	89	97	126	146	139	171	223	267	230	232	209
Short-Term Debt	0.06	-	-	-	-	-	-	-	-	-	0.00
Accounts Payable	22	36	66	82	78	75	88	90	85	101	116
Accrued Expenses	44	43	39	37	48	45	63	61	68	69	52
Current Deferred & Payable Income Tax Liabilities	12	14	1.37	4.03	-	-	3.01	0.00	5.59	2.94	2.59
Other Current Liabilities	0.51	0.03	5.40	1.61	6.42	6.84	69	116	72	59	39
Total Noncurrent Liabilities	78	51	104	119	187	148	98	90	167	171	195
Long-Term Debt	68	41	77	97	149	107	52	51	139	147	174
Capital Lease Obligations	-	-	-	-	-	-	-	-	-	14	12
Noncurrent Deferred & Payable Income Tax Liabilities	6.86	6.71	16	15	19	24	20	15	7.89	7.99	8.15
Other Noncurrent Operating Liabilities	3.05	2.87	10	6.80	19	17	26	24	20	1.60	0.92
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	268	282	305	329	344	361	373	370	370	233	192
Total Preferred & Common Equity	268	282	305	329	344	361	373	370	370	233	192
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	268	282	305	329	344	361	373	370	370	233	192
Common Stock	72	75	79	86	94	100	105	109	114	118	121
Retained Earnings	209	220	239	263	274	288	304	329	333	205	155
Treasury Stock	-8.27	-8.27	-8.27	-16	-18	-18	-23	-56	-71	-71	-71
Accumulated Other Comprehensive Income / (Loss)	-3.54	-4.85	-4.51	-4.51	-5.70	-9.32	-14	-12	-5.96	-19	-12

This table presents American Vanguard's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	803	782	807	759	632	652	655	665
Total Current Assets	472	447	478	425	378	399	406	444
Cash & Equivalents	12	14	18	12	12	14	17	71
Accounts Receivable	198	195	198	152	168	179	175	187
Inventories, net	248	228	245	246	185	191	199	175
Prepaid Expenses	8.52	7.45	9.15	7.50	8.51	9.39	10	7.69
Current Deferred & Refundable Income Taxes	6.07	2.89	7.18	7.69	5.23	5.00	5.43	3.20
Plant, Property, & Equipment, net	73	76	75	73	57	56	56	52
Total Noncurrent Assets	258	259	255	261	197	197	193	170
Goodwill	47	50	49	48	20	21	21	0.00
Intangible Assets	175	169	167	164	148	146	143	136
Noncurrent Deferred & Refundable Income Taxes	0.37	3.31	3.37	12	1.33	3.43	3.52	3.37
Other Noncurrent Operating Assets	35	36	36	36	27	26	25	31
Total Liabilities & Shareholders' Equity	803	782	807	759	632	652	655	665
Total Liabilities	444	410	454	432	404	421	434	476
Total Current Liabilities	190	195	215	225	213	209	230	191
Short-Term Debt	-	-	-	-	-	-	-	2.25
Accounts Payable	88	81	108	103	111	114	108	121
Accrued Expenses	90	74	86	86	70	80	82	46
Current Deferred & Payable Income Tax Liabilities	0.00	5.63	1.78	3.23	1.26	1.99	2.36	1.51
Other Current Liabilities	12	35	19	34	30	13	37	20
Total Noncurrent Liabilities	255	215	239	206	191	212	204	285
Long-Term Debt	218	187	211	179	167	190	182	264
Capital Lease Obligations	-	17	-	-	13	13	12	11
Noncurrent Deferred & Payable Income Tax Liabilities	14	7.16	8.67	9.17	8.92	9.22	9.00	8.21
Other Noncurrent Operating Liabilities	23	3.04	19	18	1.67	0.97	0.46	1.12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	359	372	353	328	227	231	221	190
Total Preferred & Common Equity	359	372	353	328	227	231	221	190
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	359	372	353	328	227	231	221	190
Common Stock	112	117	117	118	119	119	120	121
Retained Earnings	327	334	321	295	196	196	183	151
Treasury Stock	-71	-71	-71	-71	-71	-71	-71	-71
Accumulated Other Comprehensive Income / (Loss)	-9.25	-7.53	-13	-14	-17	-13	-11	-11

This table displays calculated financial ratios and metrics derived from American Vanguard's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	29,160,234.00	29,360,039.00	29,794,607.00	30,320,010.00	30,186,844.00	30,287,577.00	30,933,517.00	29,581,627.00	28,750,439.00	28,787,829.00	28,468,140.00
DEI Adjusted Shares Outstanding	29,160,234.00	29,360,039.00	29,794,607.00	30,320,010.00	30,186,844.00	30,287,577.00	30,933,517.00	29,581,627.00	28,750,439.00	28,787,829.00	28,468,140.00
DEI Earnings Per Adjusted Shares Outstanding	0.23	0.44	0.68	0.80	0.45	5.58	0.60	0.93	0.26	-4.39	-1.75
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.10%	7.86%	13.76%	27.95%	3.06%	-2.03%	21.58%	9.31%	-4.96%	-5.53%	-5.88%
EBITDA Growth	14.52%	25.96%	16.63%	25.08%	-20.07%	5.40%	12.42%	14.62%	-29.36%	-266.67%	90.28%
EBIT Growth	71.74%	78.24%	30.45%	40.40%	-30.30%	5.13%	14.70%	28.57%	-42.70%	-535.95%	72.14%
NOPAT Growth	18.57%	62.46%	51.49%	29.06%	-32.93%	0.19%	13.37%	43.17%	-45.08%	-517.91%	72.14%
Net Income Growth	55.36%	106.17%	56.33%	18.18%	-43.48%	12.07%	21.95%	47.44%	-72.56%	-1,780.28%	60.52%
EPS Growth	35.29%	91.30%	54.55%	19.12%	-43.21%	10.87%	19.61%	50.82%	-71.74%	-1,830.77%	61.11%
Operating Cash Flow Growth	330.44%	-40.94%	27.14%	-80.24%	-17.54%	839.60%	-4.39%	-33.88%	-202.88%	106.68%	-640.17%
Free Cash Flow Firm Growth	173.34%	-7.04%	-212.41%	41.59%	-139.35%	211.79%	22.62%	-40.89%	-305.91%	155.62%	-107.10%
Invested Capital Growth	-6.66%	-4.75%	17.76%	12.99%	15.87%	-7.01%	-9.63%	-1.85%	24.02%	-23.16%	-4.36%
Revenue Q/Q Growth	2.20%	1.19%	8.90%	3.38%	-0.17%	2.28%	3.50%	-0.01%	2.23%	-1.18%	-2.82%
EBITDA Q/Q Growth	9.82%	2.60%	6.82%	1.97%	-9.31%	21.58%	-8.72%	-7.26%	18.90%	-2,365.98%	86.22%
EBIT Q/Q Growth	39.96%	7.54%	9.99%	4.17%	-16.51%	44.84%	-14.53%	-11.97%	54.73%	-422.29%	63.00%
NOPAT Q/Q Growth	2.06%	4.89%	28.97%	-1.97%	-17.17%	27.81%	-11.45%	-2.14%	24.16%	-422.29%	63.00%
Net Income Q/Q Growth	29.39%	7.75%	28.74%	-3.97%	-22.58%	41.52%	-19.04%	1.33%	69.42%	-336.68%	55.50%
EPS Q/Q Growth	27.78%	4.76%	25.93%	-3.57%	-22.03%	41.67%	-14.08%	-3.16%	73.33%	-336.89%	56.14%
Operating Cash Flow Q/Q Growth	52.42%	-26.29%	107.38%	-54.58%	68.80%	76.79%	23.86%	39.77%	-36.40%	-94.02%	-1,115.78%
Free Cash Flow Firm Q/Q Growth	441.62%	-40.00%	-186.82%	53.27%	17.35%	93.60%	209.64%	30.96%	-29.46%	-22.27%	-107.35%
Invested Capital Q/Q Growth	-6.11%	-0.23%	7.65%	0.76%	-2.17%	-6.67%	-16.24%	-18.17%	-11.97%	-22.74%	-8.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.67%	41.10%	41.51%	40.20%	37.88%	37.63%	30.61%	31.56%	30.92%	21.98%	28.65%
EBITDA Margin	11.55%	13.48%	13.82%	13.52%	10.48%	11.28%	10.43%	10.93%	8.13%	-14.34%	-1.48%
Operating Margin	3.98%	6.58%	7.55%	8.59%	5.60%	4.99%	5.55%	6.67%	4.02%	-18.56%	-5.49%
EBIT Margin	3.98%	6.58%	7.55%	8.28%	5.60%	6.01%	5.67%	6.67%	4.02%	-18.56%	-5.49%
Profit (Net Income) Margin	2.18%	4.17%	5.73%	5.30%	2.91%	3.32%	3.33%	4.50%	1.30%	-23.08%	-9.68%
Tax Burden Percent	70.49%	68.85%	81.93%	71.62%	71.54%	82.63%	68.48%	76.20%	73.02%	104.88%	105.68%
Interest Burden Percent	77.77%	92.10%	92.76%	89.30%	72.51%	66.92%	85.84%	88.47%	44.20%	118.61%	166.82%
Effective Tax Rate	22.42%	29.29%	17.88%	27.22%	27.36%	16.70%	30.09%	23.80%	26.98%	0.00%	0.00%
Return on Invested Capital (ROIC)	2.61%	4.49%	6.41%	7.18%	4.20%	4.07%	5.03%	7.65%	3.79%	-16.16%	-5.30%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.74%	1.36%	3.10%	1.64%	-0.48%	0.78%	0.24%	-2.99%	-8.18%	-56.11%	-23.96%
Return on Net Nonoperating Assets (RNNOA)	-0.22%	0.24%	0.52%	0.41%	-0.16%	0.26%	0.04%	-0.27%	-1.75%	-25.73%	-18.15%
Return on Equity (ROE)	2.39%	4.73%	6.93%	7.58%	4.04%	4.32%	5.07%	7.38%	2.03%	-41.90%	-23.45%
Cash Return on Invested Capital (CROIC)	9.49%	9.36%	-9.91%	-5.02%	-10.50%	11.33%	15.15%	9.52%	-17.66%	10.03%	-0.84%
Operating Return on Assets (OROA)	2.54%	4.75%	5.55%	6.66%	4.15%	4.08%	4.60%	5.72%	3.12%	-14.46%	-4.59%
Return on Assets (ROA)	1.39%	3.01%	4.22%	4.26%	2.15%	2.26%	2.70%	3.86%	1.01%	-17.99%	-8.09%
Return on Common Equity (ROCE)	2.39%	4.73%	6.92%	7.58%	4.04%	4.32%	5.07%	7.38%	2.03%	-41.90%	-23.45%
Return on Equity Simple (ROE_SIMPLE)	2.35%	4.62%	6.67%	7.31%	3.95%	4.23%	4.99%	7.41%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	8.94	15	22	28	19	19	22	31	17	-71	-20
NOPAT Margin	3.09%	4.65%	6.20%	6.25%	4.07%	4.16%	3.88%	5.08%	2.94%	-12.99%	-3.85%
Net Nonoperating Expense Percent (NNEP)	3.35%	3.13%	3.31%	5.54%	4.68%	3.29%	4.78%	10.64%	11.97%	39.94%	18.66%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	7.35%	3.34%	-18.01%	-5.24%
Cost of Revenue to Revenue	61.33%	58.90%	58.49%	59.80%	62.12%	62.37%	69.39%	68.44%	69.08%	78.02%	71.35%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	19.92%	19.67%	20.17%	21.86%	21.48%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.17%	5.22%	6.56%	5.97%	4.50%
Operating Expenses to Revenue	34.69%	34.52%	33.97%	31.61%	32.28%	0.00%	25.06%	24.89%	26.90%	40.54%	34.14%
Earnings before Interest and Taxes (EBIT)	12	21	27	38	26	28	32	41	23	-102	-28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	42	49	61	49	52	58	67	47	-78	-7.63
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.46	1.92	1.85	1.36	1.66	1.27	1.33	1.71	0.85	0.57	0.57
Price to Tangible Book Value (P/TBV)	2.82	3.36	5.54	3.82	5.77	4.13	3.87	4.58	2.14	2.12	2.03
Price to Revenue (P/Rev)	1.35	1.73	1.59	0.98	1.22	1.00	0.89	1.04	0.54	0.24	0.21
Price to Earnings (P/E)	59.48	42.27	27.85	18.44	42.06	2.72	26.76	23.11	41.70	0.00	0.00
Dividend Yield	1.04%	0.16%	0.32%	0.54%	0.42%	0.26%	0.50%	0.49%	1.10%	2.59%	0.00%
Earnings Yield	1.68%	2.37%	3.59%	5.42%	2.38%	36.82%	3.74%	4.33%	2.40%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.37	1.82	1.70	1.28	1.47	1.22	1.30	1.66	0.89	0.74	0.77
Enterprise Value to Revenue (EV/Rev)	1.57	1.84	1.78	1.18	1.53	1.20	0.96	1.09	0.76	0.52	0.55
Enterprise Value to EBITDA (EV/EBITDA)	13.61	13.63	12.86	8.74	14.56	10.64	9.17	9.97	9.37	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	39.47	27.94	23.55	14.26	27.24	19.97	16.87	16.34	18.93	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	50.87	39.51	28.68	18.90	37.50	28.84	24.65	21.45	25.93	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	5.79	12.37	10.70	46.03	74.31	6.09	6.18	11.63	0.00	72.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	13.97	18.96	0.00	0.00	0.00	10.35	8.18	17.24	0.00	6.40	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.25	0.15	0.25	0.29	0.43	0.30	0.14	0.14	0.38	0.69	0.96
Long-Term Debt to Equity	0.25	0.15	0.25	0.29	0.43	0.30	0.14	0.14	0.38	0.69	0.96
Financial Leverage	0.30	0.17	0.17	0.25	0.35	0.33	0.17	0.09	0.21	0.46	0.76
Leverage Ratio	1.71	1.57	1.64	1.78	1.88	1.92	1.87	1.91	2.02	2.33	2.90
Compound Leverage Factor	1.33	1.45	1.52	1.59	1.36	1.28	1.61	1.69	0.89	2.76	4.83
Debt to Total Capital	20.31%	12.67%	20.24%	22.70%	30.18%	22.95%	12.29%	12.21%	27.29%	40.95%	49.10%
Short-Term Debt to Total Capital	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	20.29%	12.67%	20.24%	22.70%	30.18%	22.95%	12.29%	12.21%	27.29%	40.95%	49.10%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.02%	0.05%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.71%	87.28%	79.69%	77.30%	69.82%	77.05%	87.71%	87.79%	72.71%	59.05%	50.90%
Debt to EBITDA	2.05	0.97	1.58	1.57	3.03	2.08	0.90	0.77	2.95	-2.06	-24.34
Net Debt to EBITDA	1.88	0.79	1.35	1.47	2.90	1.77	0.62	0.47	2.71	-1.90	-22.71
Long-Term Debt to EBITDA	2.04	0.97	1.58	1.57	3.03	2.08	0.90	0.77	2.95	-2.06	-24.34
Debt to NOPAT	7.65	2.82	3.52	3.40	7.81	5.63	2.41	1.66	8.17	-2.27	-9.37
Net Debt to NOPAT	7.03	2.28	3.01	3.19	7.47	4.80	1.66	1.01	7.49	-2.10	-8.74
Long-Term Debt to NOPAT	7.64	2.82	3.52	3.40	7.81	5.63	2.41	1.66	8.17	-2.27	-9.37
Altman Z-Score	3.22	4.16	3.21	2.94	2.81	2.54	2.70	2.93	2.25	1.26	1.56
Noncontrolling Interest Sharing Ratio	-0.13%	0.02%	0.07%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.58	2.34	2.02	2.13	2.43	1.93	1.53	1.46	1.87	1.63	1.77
Quick Ratio	0.91	0.98	0.96	0.96	1.15	0.89	0.79	0.70	0.88	0.80	0.86
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	33	30	-34	-20	-48	53	65	39	-79	44	-3.13
Operating Cash Flow to CapEx	1,138.83%	436.56%	885.10%	144.82%	74.03%	802.95%	907.34%	433.37%	-504.88%	63.13%	-615.66%
Free Cash Flow to Firm to Interest Expense	12.71	18.65	-17.53	-4.94	-6.60	10.27	17.68	9.75	-6.28	2.67	-0.17
Operating Cash Flow to Interest Expense	30.67	28.59	30.40	2.90	1.33	17.44	23.42	14.44	-4.65	0.24	-1.15
Operating Cash Flow Less CapEx to Interest Expense	27.97	22.04	26.96	0.90	-0.47	15.27	20.84	11.11	-5.57	-0.14	-1.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.64	0.72	0.74	0.80	0.74	0.68	0.81	0.86	0.78	0.78	0.84
Accounts Receivable Turnover	3.53	3.84	3.61	3.73	3.26	3.16	3.77	3.75	3.24	3.00	3.01
Inventory Turnover	1.17	1.43	1.70	1.92	1.80	1.75	2.43	2.47	1.98	2.14	2.07
Fixed Asset Turnover	5.91	6.35	7.13	9.22	8.85	7.53	8.48	8.90	7.97	8.25	9.26
Accounts Payable Turnover	7.27	6.24	4.06	3.66	3.63	3.74	4.74	4.69	4.57	4.58	3.39
Days Sales Outstanding (DSO)	103.31	95.07	101.16	97.88	111.89	115.39	96.84	97.36	112.54	121.85	121.25
Days Inventory Outstanding (DIO)	310.65	255.20	214.18	190.14	202.82	208.64	150.02	148.06	184.11	170.47	176.43
Days Payable Outstanding (DPO)	50.21	58.46	89.85	99.64	100.52	97.68	77.03	77.80	79.88	79.64	107.70
Cash Conversion Cycle (CCC)	363.75	291.81	225.49	188.38	214.19	226.35	169.83	167.62	216.77	212.68	189.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	331	315	371	420	486	452	409	401	497	382	366
Invested Capital Turnover	0.84	0.97	1.03	1.15	1.03	0.98	1.30	1.51	1.29	1.24	1.38
Increase / (Decrease) in Invested Capital	-24	-16	56	48	67	-34	-44	-7.57	96	-115	-17
Enterprise Value (EV)	455	574	631	537	714	550	533	664	441	282	282
Market Capitalization	392	541	565	446	572	459	497	633	314	133	109
Book Value per Share	$9.20	$9.61	$10.24	$10.86	$11.40	$11.91	$12.05	$12.51	$12.87	$8.10	$6.76
Tangible Book Value per Share	$4.77	$5.48	$3.42	$3.85	$3.29	$3.67	$4.16	$4.68	$5.09	$2.19	$1.88
Total Capital	337	323	383	426	493	468	425	421	509	395	378
Total Debt	68	41	77	97	149	107	52	51	139	162	186
Total Long-Term Debt	68	41	77	97	149	107	52	51	139	162	186
Net Debt	63	33	66	91	142	92	36	31	127	149	173
Capital Expenditures (CapEx)	6.90	11	6.67	8.05	13	11	9.52	13	12	6.21	3.44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	134	122	117	158	191	143	103	102	190	134	149
Debt-free Net Working Capital (DFNWC)	140	130	129	165	198	159	119	122	202	147	161
Net Working Capital (NWC)	140	130	129	165	198	159	119	122	202	147	161
Net Nonoperating Expense (NNE)	2.62	1.50	1.64	4.34	5.45	3.84	3.05	3.57	9.49	55	30
Net Nonoperating Obligations (NNO)	63	33	66	91	142	92	36	31	127	149	173
Total Depreciation and Amortization (D&A)	22	22	22	24	23	24	27	26	24	23	21
Debt-free, Cash-free Net Working Capital to Revenue	46.44%	39.13%	33.05%	34.89%	40.79%	31.18%	18.41%	16.67%	32.81%	24.49%	28.86%
Debt-free Net Working Capital to Revenue	48.35%	41.65%	36.24%	36.25%	42.20%	34.65%	21.33%	20.01%	34.78%	26.78%	31.27%
Net Working Capital to Revenue	48.33%	41.65%	36.24%	36.25%	42.20%	34.65%	21.33%	20.01%	34.78%	26.78%	31.27%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.23	$0.44	$0.70	$0.83	$0.47	$0.52	$0.62	$0.94	$0.27	($4.50)	($1.75)
Adjusted Weighted Average Basic Shares Outstanding	28.67M	28.86M	29.10M	29.33M	29.03M	29.45M	29.81M	29.23M	28.13M	28.06M	28.43M
Adjusted Diluted Earnings per Share	$0.23	$0.44	$0.68	$0.81	$0.46	$0.51	$0.61	$0.92	$0.26	($4.50)	($1.75)
Adjusted Weighted Average Diluted Shares Outstanding	29.24M	29.39M	29.70M	30.05M	29.66M	29.99M	30.41M	29.87M	28.53M	28.06M	28.43M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.21M	29.39M	29.85M	29.69M	30.16M	30.90M	30.94M	29.48M	28.80M	28.27M	28.54M
Normalized Net Operating Profit after Tax (NOPAT)	8.94	15	22	28	19	19	22	31	17	-36	-2.21
Normalized NOPAT Margin	3.09%	4.65%	6.20%	6.25%	4.07%	4.16%	3.88%	5.08%	2.94%	-6.67%	-0.43%
Pre Tax Income Margin	3.10%	6.06%	7.00%	7.40%	4.06%	4.02%	4.87%	5.90%	1.78%	-22.01%	-9.16%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.50	12.66	13.80	9.35	3.64	5.32	8.58	10.28	1.84	-6.14	-1.53
NOPAT to Interest Expense	3.49	8.95	11.34	7.06	2.64	3.69	5.87	7.83	1.35	-4.30	-1.07
EBIT Less CapEx to Interest Expense	1.81	6.11	10.37	7.35	1.84	3.15	5.99	6.95	0.92	-6.51	-1.72
NOPAT Less CapEx to Interest Expense	0.80	2.40	7.90	5.06	0.84	1.51	3.29	4.50	0.43	-4.67	-1.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.06%	4.44%	7.86%	9.44%	17.08%	7.66%	12.82%	10.17%	45.01%	-1.99%	0.00%
Augmented Payout Ratio	18.06%	4.44%	11.36%	39.73%	44.41%	25.67%	53.35%	141.79%	277.83%	-3.12%	0.00%

This table displays calculated financial ratios and metrics derived from American Vanguard's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	29,297,022.00	28,750,439.00	28,795,082.00	27,984,744.00	28,835,922.00	28,787,829.00	28,266,826.00	28,352,237.00	28,431,276.00	28,468,140.00	28,539,562.00
DEI Adjusted Shares Outstanding	29,297,022.00	28,750,439.00	28,795,082.00	27,984,744.00	28,835,922.00	28,787,829.00	28,266,826.00	28,352,237.00	28,431,276.00	28,468,140.00	28,539,562.00
DEI Earnings Per Adjusted Shares Outstanding	-0.01	0.24	0.05	-0.42	-0.89	-3.14	-0.30	-0.03	-0.43	-0.99	-0.15
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.81%	7.91%	8.21%	-3.45%	-20.87%	-3.79%	-14.31%	0.86%	0.85%	-9.03%	6.71%
EBITDA Growth	-45.37%	72.19%	23.15%	-138.11%	-329.65%	-459.04%	-94.25%	362.35%	91.78%	74.46%	985.61%
EBIT Growth	-64.92%	214.30%	86.55%	-349.25%	-819.78%	-679.45%	-170.76%	146.66%	75.29%	68.80%	143.83%
NOPAT Growth	-131.14%	66.22%	-22.58%	20.22%	-717.00%	-547.05%	-196.89%	147.29%	77.09%	68.80%	143.83%
Net Income Growth	-104.82%	79.04%	-19.08%	-1,013.11%	-7,820.62%	-1,395.73%	-645.23%	92.76%	51.99%	68.80%	51.02%
EPS Growth	-104.35%	84.62%	-14.29%	-950.00%	-9,000.00%	-1,445.83%	-600.00%	92.86%	52.75%	69.35%	53.33%
Operating Cash Flow Growth	-166.98%	-15.25%	12.89%	75.97%	156.60%	-70.84%	43.01%	-45.36%	-54.47%	-76.56%	-72.25%
Free Cash Flow Firm Growth	-1,485.71%	-703.04%	-666.83%	36.72%	165.25%	177.53%	287.23%	446.61%	81.35%	-97.91%	-99.32%
Invested Capital Growth	15.30%	24.02%	19.12%	6.08%	-12.46%	-23.16%	-29.55%	-23.41%	-19.44%	-4.36%	0.05%
Revenue Q/Q Growth	12.60%	15.16%	-21.51%	-5.13%	-7.72%	40.01%	-30.09%	11.67%	-7.73%	26.30%	-18.00%
EBITDA Q/Q Growth	1.81%	81.72%	-34.33%	-131.36%	-513.60%	-184.12%	101.05%	2,096.81%	-119.21%	-783.32%	144.70%
EBIT Q/Q Growth	5.06%	206.41%	-49.60%	-253.62%	-203.39%	-146.67%	93.85%	201.30%	-260.70%	-211.39%	108.65%
NOPAT Q/Q Growth	69.97%	550.80%	-71.60%	-307.55%	-207.50%	-146.67%	93.85%	201.30%	-248.99%	-235.85%	108.65%
Net Income Q/Q Growth	69.14%	2,247.38%	-77.76%	-855.22%	-119.62%	-251.29%	90.64%	89.97%	-1,355.59%	-128.30%	85.31%
EPS Q/Q Growth	75.00%	2,500.00%	-75.00%	-800.00%	-116.67%	-254.95%	90.71%	90.00%	-1,333.33%	-130.23%	85.86%
Operating Cash Flow Q/Q Growth	10.69%	276.86%	-141.45%	63.30%	310.41%	-8.89%	-181.00%	6.40%	165.90%	-53.10%	-695.36%
Free Cash Flow Firm Q/Q Growth	-29.62%	-10.29%	-2.04%	56.62%	233.66%	31.05%	146.43%	-19.70%	-30.07%	-98.49%	-19.46%
Invested Capital Q/Q Growth	9.70%	-11.97%	13.03%	-2.80%	-9.47%	-22.74%	3.62%	5.67%	-4.77%	-8.28%	8.41%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.82%	31.73%	31.39%	29.45%	14.62%	13.79%	26.07%	31.36%	28.68%	28.28%	31.09%
EBITDA Margin	6.57%	10.37%	8.67%	-2.87%	-19.07%	-38.69%	0.58%	7.46%	-1.55%	-10.86%	5.92%
Operating Margin	2.80%	7.02%	4.51%	-7.20%	-24.00%	-42.27%	-3.72%	3.38%	-5.45%	-14.50%	1.53%
EBIT Margin	2.64%	7.02%	4.51%	-7.30%	-24.00%	-42.27%	-3.72%	3.38%	-5.88%	-14.50%	1.53%
Profit (Net Income) Margin	-0.22%	4.05%	1.15%	-9.14%	-21.76%	-54.59%	-7.31%	-0.66%	-10.36%	-18.72%	-3.35%
Tax Burden Percent	-58.04%	90.73%	51.12%	88.30%	78.56%	116.75%	104.79%	1,010.71%	103.54%	104.08%	103.08%
Interest Burden Percent	14.20%	63.65%	49.84%	141.86%	115.42%	110.61%	187.36%	-1.92%	170.13%	124.08%	-212.86%
Effective Tax Rate	158.04%	9.27%	48.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.75%	8.21%	2.63%	-5.56%	-17.55%	-36.82%	-2.87%	2.59%	-4.53%	-13.98%	1.41%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.49%	3.19%	1.54%	-8.65%	-20.70%	-66.76%	-5.90%	0.54%	-9.06%	-22.00%	-1.50%
Return on Net Nonoperating Assets (RNNOA)	-0.22%	0.68%	0.59%	-4.07%	-11.25%	-30.62%	-3.54%	0.35%	-5.69%	-16.66%	-1.35%
Return on Equity (ROE)	-1.97%	8.89%	3.22%	-9.62%	-28.81%	-67.44%	-6.41%	2.94%	-10.21%	-30.64%	0.06%
Cash Return on Invested Capital (CROIC)	-11.62%	-17.66%	-14.38%	-4.17%	10.71%	10.03%	18.32%	12.25%	9.55%	-0.84%	-3.96%
Operating Return on Assets (OROA)	1.89%	5.44%	3.42%	-5.40%	-17.01%	-32.95%	-2.78%	2.45%	-4.41%	-12.11%	1.23%
Return on Assets (ROA)	-0.16%	3.14%	0.87%	-6.77%	-15.43%	-42.55%	-5.46%	-0.48%	-7.76%	-15.64%	-2.71%
Return on Common Equity (ROCE)	-1.97%	8.89%	3.22%	-9.62%	-28.81%	-67.44%	-6.41%	2.94%	-10.21%	-30.64%	0.06%
Return on Equity Simple (ROE_SIMPLE)	1.24%	0.00%	1.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.43	11	3.11	-6.46	-20	-49	-3.02	3.06	-4.55	-15	1.32
NOPAT Margin	-1.63%	6.37%	2.30%	-5.04%	-16.80%	-29.59%	-2.61%	2.36%	-3.82%	-10.15%	1.07%
Net Nonoperating Expense Percent (NNEP)	-1.26%	5.03%	1.09%	3.10%	3.14%	29.94%	3.03%	2.05%	4.53%	8.02%	2.91%
Return On Investment Capital (ROIC_SIMPLE)	-	2.15%	0.54%	-1.14%	-3.92%	-12.42%	-0.74%	0.71%	-1.10%	-4.05%	0.28%
Cost of Revenue to Revenue	71.18%	68.27%	68.61%	70.55%	85.38%	86.21%	73.93%	68.64%	71.32%	71.72%	68.91%
SG&A Expenses to Revenue	19.94%	17.96%	21.81%	24.22%	22.29%	19.77%	22.99%	22.24%	22.42%	18.91%	22.43%
R&D to Revenue	6.07%	6.19%	4.22%	6.71%	9.45%	4.33%	4.91%	4.49%	4.74%	4.00%	4.27%
Operating Expenses to Revenue	26.01%	24.71%	26.88%	36.66%	38.61%	56.06%	29.79%	27.98%	34.13%	42.77%	29.56%
Earnings before Interest and Taxes (EBIT)	3.94	12	6.09	-9.36	-28	-70	-4.31	4.37	-7.02	-22	1.89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9.82	18	12	-3.68	-23	-64	0.67	9.64	-1.85	-16	7.32
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.89	0.85	1.00	0.68	0.47	0.57	0.56	0.48	0.74	0.57	0.37
Price to Tangible Book Value (P/TBV)	2.33	2.14	2.44	1.75	1.32	2.12	2.13	1.74	2.89	2.03	1.33
Price to Revenue (P/Rev)	0.56	0.54	0.63	0.41	0.28	0.24	0.24	0.21	0.31	0.21	0.14
Price to Earnings (P/E)	71.54	41.70	51.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	1.11%	1.10%	0.93%	1.40%	2.26%	2.59%	2.73%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.40%	2.40%	1.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.93	0.89	1.00	0.79	0.65	0.74	0.75	0.71	0.86	0.77	0.70
Enterprise Value to Revenue (EV/Rev)	0.92	0.76	0.95	0.74	0.58	0.52	0.56	0.56	0.64	0.55	0.53
Enterprise Value to EBITDA (EV/EBITDA)	13.23	9.37	11.41	12.03	92.32	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	34.80	18.93	21.53	33.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	38.25	25.93	35.44	47.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	4.87	72.00	15.19	22.23	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	5.63	6.40	3.36	5.06	7.99	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.61	0.38	0.55	0.60	0.55	0.69	0.79	0.88	0.88	0.96	1.46
Long-Term Debt to Equity	0.61	0.38	0.55	0.60	0.55	0.69	0.79	0.88	0.88	0.96	1.45
Financial Leverage	0.46	0.21	0.39	0.47	0.54	0.46	0.60	0.65	0.63	0.76	0.90
Leverage Ratio	2.19	2.02	2.08	2.19	2.28	2.33	2.36	2.50	2.58	2.90	3.11
Compound Leverage Factor	0.31	1.28	1.04	3.10	2.63	2.58	4.42	-0.05	4.38	3.60	-6.62
Debt to Total Capital	37.80%	27.29%	35.49%	37.42%	35.28%	40.95%	44.27%	46.70%	46.80%	49.10%	59.42%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.48%
Long-Term Debt to Total Capital	37.80%	27.29%	35.49%	37.42%	35.28%	40.95%	44.27%	46.70%	46.80%	49.10%	58.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.20%	72.71%	64.51%	62.58%	64.72%	59.05%	55.73%	53.30%	53.20%	50.90%	40.58%
Debt to EBITDA	5.51	2.95	4.15	5.85	51.62	-2.06	-2.02	-2.64	-3.51	-24.34	-282.14
Net Debt to EBITDA	5.21	2.71	3.87	5.36	48.19	-1.90	-1.89	-2.45	-3.21	-22.71	-210.07
Long-Term Debt to EBITDA	5.51	2.95	4.15	5.85	51.62	-2.06	-2.02	-2.64	-3.51	-24.34	-279.85
Debt to NOPAT	15.91	8.17	12.88	22.98	-13.13	-2.27	-2.30	-2.94	-3.63	-9.37	-17.95
Net Debt to NOPAT	15.07	7.49	12.02	21.02	-12.26	-2.10	-2.15	-2.73	-3.32	-8.74	-13.36
Long-Term Debt to NOPAT	15.91	8.17	12.88	22.98	-13.13	-2.27	-2.30	-2.94	-3.63	-9.37	-17.80
Altman Z-Score	2.14	2.20	2.31	1.95	1.68	1.42	1.75	1.76	1.71	1.59	1.66
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.49	1.87	2.29	2.22	1.89	1.63	1.77	1.91	1.77	1.77	2.32
Quick Ratio	1.10	0.88	1.07	1.01	0.73	0.80	0.84	0.93	0.83	0.86	1.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-77	-85	-87	-38	51	66	163	131	92	1.38	1.11
Operating Cash Flow to CapEx	-2,545.32%	2,682.66%	-1,019.40%	-998.49%	2,380.79%	14,598.28%	-4,910.74%	-3,501.82%	1,354.54%	387.57%	-3,676.56%
Free Cash Flow to Firm to Interest Expense	-22.88	-19.60	-23.60	-9.65	11.54	14.52	43.34	29.44	18.62	0.26	0.19
Operating Cash Flow to Interest Expense	-14.55	19.99	-9.78	-3.38	6.37	5.57	-5.47	-4.33	2.58	1.12	-6.12
Operating Cash Flow Less CapEx to Interest Expense	-15.13	19.24	-10.74	-3.72	6.10	5.53	-5.58	-4.45	2.39	0.83	-6.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.72	0.78	0.76	0.74	0.71	0.78	0.75	0.73	0.75	0.84	0.81
Accounts Receivable Turnover	2.82	3.24	3.18	3.24	3.17	3.00	2.91	2.80	3.24	3.01	2.95
Inventory Turnover	1.82	1.98	1.82	1.69	1.63	2.14	2.03	1.92	1.81	2.07	2.04
Fixed Asset Turnover	7.99	7.97	8.00	7.90	7.55	8.25	7.94	8.09	8.20	9.26	9.62
Accounts Payable Turnover	4.13	4.57	4.20	4.06	4.22	4.58	4.38	3.76	3.81	3.39	3.16
Days Sales Outstanding (DSO)	129.47	112.54	114.74	112.71	115.18	121.85	125.24	130.16	112.63	121.25	123.70
Days Inventory Outstanding (DIO)	200.77	184.11	200.82	216.29	224.40	170.47	179.47	190.46	201.90	176.43	178.79
Days Payable Outstanding (DPO)	88.43	79.88	86.85	89.87	86.42	79.64	83.28	97.08	95.77	107.70	115.41
Cash Conversion Cycle (CCC)	241.81	216.77	228.71	239.12	253.16	212.68	221.43	223.54	218.77	189.97	187.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	565	497	562	547	495	382	396	419	399	366	396
Invested Capital Turnover	1.07	1.29	1.14	1.10	1.05	1.24	1.10	1.10	1.19	1.38	1.32
Increase / (Decrease) in Invested Capital	75	96	90	31	-70	-115	-166	-128	-96	-17	0.21
Enterprise Value (EV)	524	441	562	434	320	282	295	299	341	282	278
Market Capitalization	317	314	372	241	153	133	127	111	163	109	71
Book Value per Share	$12.24	$12.87	$12.90	$12.62	$11.37	$8.10	$7.90	$8.14	$7.77	$6.76	$6.64
Tangible Book Value per Share	$4.65	$5.09	$5.29	$4.91	$4.00	$2.19	$2.06	$2.25	$1.99	$1.88	$1.88
Total Capital	577	509	576	564	507	395	408	433	415	378	467
Total Debt	218	139	204	211	179	162	181	202	194	186	278
Total Long-Term Debt	218	139	204	211	179	162	181	202	194	186	275
Net Debt	206	127	191	193	167	149	169	188	178	173	207
Capital Expenditures (CapEx)	1.94	3.25	3.54	1.33	1.17	0.17	0.42	0.55	0.94	1.54	0.96
Debt-free, Cash-free Net Working Capital (DFCFNWC)	271	190	238	245	188	134	153	176	160	149	184
Debt-free Net Working Capital (DFNWC)	282	202	252	263	200	147	165	191	176	161	255
Net Working Capital (NWC)	282	202	252	263	200	147	165	191	176	161	253
Net Nonoperating Expense (NNE)	-2.11	3.99	1.56	5.26	5.87	41	5.45	3.91	7.80	13	5.47
Net Nonoperating Obligations (NNO)	206	127	191	193	167	149	169	188	178	173	207
Total Depreciation and Amortization (D&A)	5.88	5.76	5.63	5.68	5.83	5.94	4.98	5.28	5.16	5.48	5.43
Debt-free, Cash-free Net Working Capital to Revenue	47.73%	32.81%	40.33%	41.83%	33.93%	24.49%	28.98%	33.29%	30.09%	28.86%	35.18%
Debt-free Net Working Capital to Revenue	49.77%	34.78%	42.66%	44.89%	36.08%	26.78%	31.21%	36.02%	33.26%	31.27%	48.74%
Net Working Capital to Revenue	49.77%	34.78%	42.66%	44.89%	36.08%	26.78%	31.21%	36.02%	33.26%	31.27%	48.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.01)	$0.25	$0.06	($0.42)	($0.91)	($3.23)	($0.30)	($0.03)	($0.43)	($0.99)	($0.14)
Adjusted Weighted Average Basic Shares Outstanding	27.92M	28.13M	27.84M	28.02M	28.17M	28.06M	28.27M	28.35M	28.51M	28.43M	28.65M
Adjusted Diluted Earnings per Share	($0.01)	$0.24	$0.06	($0.42)	($0.91)	($3.23)	($0.30)	($0.03)	($0.43)	($0.99)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	27.92M	28.53M	28.13M	28.02M	28.17M	28.06M	28.27M	28.35M	28.51M	28.43M	28.65M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.75M	28.80M	27.98M	28.84M	28.79M	28.27M	28.35M	28.43M	28.47M	28.54M	28.61M
Normalized Net Operating Profit after Tax (NOPAT)	2.93	11	3.11	-6.46	-20	-49	-3.02	3.06	-4.66	-15	1.78
Normalized NOPAT Margin	1.96%	6.37%	2.30%	-5.04%	-16.80%	-29.59%	-2.61%	2.36%	-3.91%	-10.15%	1.44%
Pre Tax Income Margin	0.37%	4.47%	2.25%	-10.35%	-27.70%	-46.76%	-6.97%	-0.07%	-10.00%	-17.99%	-3.25%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.17	2.77	1.65	-2.39	-6.48	-15.36	-1.14	0.98	-1.43	-4.10	0.33
NOPAT to Interest Expense	-0.72	2.52	0.84	-1.65	-4.54	-10.75	-0.80	0.69	-0.93	-2.87	0.23
EBIT Less CapEx to Interest Expense	0.59	2.03	0.69	-2.73	-6.75	-15.40	-1.26	0.86	-1.62	-4.38	0.16
NOPAT Less CapEx to Interest Expense	-1.29	1.77	-0.12	-1.99	-4.81	-10.79	-0.91	0.56	-1.12	-3.15	0.06
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	73.57%	45.01%	47.07%	-95.36%	-11.56%	-1.99%	0.00%	-0.67%	0.00%	0.00%	0.00%
Augmented Payout Ratio	476.39%	277.83%	284.22%	-95.36%	-11.56%	-3.12%	-1.05%	-0.67%	0.00%	0.00%	-0.02%

Financials Breakdown Chart

Key Financial Trends

American Vanguard (NYSE: AVD) showed a sharp improvement in Q1 2026 versus the weak results posted in 2025, but the business is still not back to consistent profitability. Revenue rebounded year over year, operating losses narrowed materially, and cash on hand rose. That said, the company is still carrying a heavy debt load and remains highly sensitive to interest expense and working-capital swings.

Top-line trend: Q1 2026 revenue came in at $123.6 million, up from $115.8 million in Q1 2025, but still below the $135.1 million level seen in Q1 2024. The more encouraging sign is that the severe revenue erosion seen in late 2024 and early 2025 appears to be stabilizing.

Profitability trend: Q1 2026 operating income was $1.9 million, a big improvement from an operating loss of $4.3 million in Q1 2025 and a much larger loss in Q4 2025. However, the company still posted a net loss of $4.1 million because interest expense of $5.8 million overwhelmed operating profits. In other words, the core business is closer to breakeven, but the capital structure is still dragging on earnings.

Cash flow trend: Operating cash flow was negative $35.4 million in Q1 2026, which is a concern. This was worse than Q1 2025’s negative $20.6 million and reflects a large working-capital outflow. The quarter also included a major debt issuance of $251.0 million and $156.2 million of debt repayment, highlighting that debt management remains a central part of the company’s cash story.

Balance sheet trend: Cash and equivalents rose to $70.9 million at the end of Q1 2026, up from $11.8 million a year earlier. But liabilities remain substantial at $475.6 million, including $264.4 million of long-term debt. Equity was $189.6 million, down from $227.4 million in Q1 2025, reflecting the company’s ongoing strain.

Revenue improved year over year in Q1 2026, rising to $123.6 million from $115.8 million in Q1 2025.
Operating income turned positive at $1.9 million, a meaningful recovery from an operating loss of $4.3 million in Q1 2025.
Gross profit improved to $38.4 million versus $30.2 million in Q1 2025, showing better underlying contribution.
Cash balance strengthened to $70.9 million from $11.8 million a year ago.
Net debt issuance supported liquidity, with $251.0 million of new debt helping fund operations and repayments.
EPS remained negative at $(0.14) per share, but that is an improvement from $(0.30) in Q1 2025 and $(0.99) in Q4 2025.
Shares outstanding were essentially flat versus the prior year, so dilution was not a major issue this quarter.
Inventory remains elevated at $175.0 million, which may keep working capital demands high if demand softens.
Goodwill was zero in Q1 2026, versus $20.8 million in Q2 2025 and $48.0 million in Q3 2024, suggesting prior asset write-downs or divestiture-related changes.
Interest expense remains heavy at $5.8 million in Q1 2026, enough to erase operating profit and push the company back into a net loss.
Operating cash flow was deeply negative at $35.4 million, driven by a large $38.2 million swing in operating assets and liabilities.
Total liabilities are still high at $475.6 million, with long-term debt of $264.4 million.
Net income was still negative at $4.1 million, so the turnaround is not yet fully reflected at the bottom line.
Revenue is still below Q1 2024 levels, indicating the business has not fully recovered to its earlier run rate.

Bottom line: American Vanguard’s Q1 2026 results suggest stabilization and some operational improvement, but the investment case still hinges on whether management can sustain revenue recovery, control working capital, and reduce the burden of debt and interest expense. For retail investors, the key takeaway is that the turnaround is real, but it remains fragile.

07/21/26 04:09 PM ETAI Generated. May Contain Errors.

American Vanguard Financials - Frequently Asked Questions

According to the most recent income statement we have on file, American Vanguard's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

American Vanguard's net income appears to be on an upward trend, with a most recent value of -$49.88 million in 2025, falling from $6.32 million in 2015. The previous period was -$126.34 million in 2024. View American Vanguard's forecast to see where analysts expect American Vanguard to go next.

American Vanguard's total operating income in 2025 was -$28.30 million, based on the following breakdown:

Total Gross Profit: $147.56 million
Total Operating Expenses: $175.86 million

Over the last 10 years, American Vanguard's total revenue changed from $289.38 million in 2015 to $515.11 million in 2025, a change of 78.0%.

American Vanguard's total liabilities were at $404.14 million at the end of 2025, a 0.1% increase from 2024, and a 142.1% increase since 2015.

In the past 10 years, American Vanguard's cash and equivalents has ranged from $5.52 million in 2015 to $20.33 million in 2022, and is currently $12.43 million as of their latest financial filing in 2025.

Over the last 10 years, American Vanguard's book value per share changed from 9.20 in 2015 to 6.76 in 2025, a change of -26.6%.

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Financial statements for NYSE:AVD last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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