NYSE$AVD
American Vanguard Corporation · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
American Vanguard's full-year performance in 2022 exceeded that of 2021, with net sales up 9% and net income up 47%.
American Vanguard reported strong FY 2022 results with net sales increasing by 9% and net income increasing by 47%. The company's U.S. Crop business saw increased sales, while the international business grew by 13%. The company is targeting increased net sales and consistent gross profit and operating expense performance for 2023.
- Net sales were $610 million, up 9% compared to 2021.
- Net income was $27.4 million, up 47% compared to 2021.
- Earnings per diluted share were $0.92, up 51% compared to 2021.
- Adjusted EBITDA was $73.1 million, up 15% compared to 2021.
Headline financials
Revenue & EPS history
American Vanguard · Revenue · Quarterly
$160M
Revenue by segment
American Vanguard · $160M total across 3 segments · Q4 2022
- International$68.8M+12.4%43.0%
- U.S. Crop$68.1M-12.7%42.6%
- U.S. Non-Crop$23.1M+17.7%14.4%
Forward guidance
The company is well-positioned in both domestic and international markets for 2023 and is targeting increased net sales, and consistent gross profit and operating expense performance when compared to sales. They anticipate higher interest rates and expect to see a solid increase in net income, earnings per share, and adjusted EBITDA.
Tailwinds
- Targeting increased net sales
- Expecting consistent gross profit performance
- Expecting consistent operating expense performance
- Anticipating a solid increase in net income
- Expecting a solid increase in earnings per share
Headwinds
- Forecasting higher interest rates
- Expecting higher interest expense
- No specific details on market challenges
- No specific details on competitive pressures
- No specific details on potential regulatory hurdles
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-1.0%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-2.6%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+18.9%
Q4 2015
Best reaction
-34.9%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.4% | -1.0% | -9.8% | |
| Q4 2025 | -9.6% | -30.9% | -24.6% | |
| Q3 2025 | -0.8% | -0.4% | -14.9% | |
| Q1 2025 | -9.2% | -8.5% | -19.2% | |
| Q4 2024 | -5.7% | +6.2% | -20.0% | |
| Q3 2024 | +2.1% | +5.0% | -5.7% | |
| Q2 2024 | -34.9% | -28.5% | -20.5% | |
| Q1 2024 | -26.6% | -30.6% | -30.4% | |
| Q4 2023 | +15.3% | +9.4% | +4.5% | |
| Q3 2023 | +1.1% | -12.3% | +5.1% | |
| Q2 2023 | -16.6% | -13.1% | -24.7% | |
| Q1 2023 | -12.9% | -9.9% | -3.1% | |
| Q4 2022 | +4.9% | +5.5% | +7.8% | |
| Q3 2022 | -4.4% | -6.6% | -4.8% | |
| Q2 2022 | -18.2% | -15.5% | -19.8% | |
| Q1 2022 | +5.6% | -4.5% | +17.9% | |
| Q4 2021 | +2.6% | +6.5% | +24.0% | |
| Q3 2021 | +4.3% | +3.0% | -9.2% | |
| Q2 2021 | -0.7% | -6.6% | -3.5% | |
| Q1 2021 | -3.3% | -5.8% | -14.6% | |
| Q4 2020 | +2.1% | -2.0% | -8.6% | |
| Q3 2020 | +9.2% | +8.3% | +21.8% | |
| Q2 2020 | +4.6% | +3.0% | +1.0% | |
| Q1 2020 | -1.9% | -9.6% | -3.1% | |
| Q4 2019 | -4.6% | -9.3% | +2.3% | |
| Q3 2019 | +5.0% | +6.4% | +8.4% | |
| Q2 2019 | +5.4% | +3.0% | +13.8% | |
| Q1 2019 | -0.3% | -8.3% | -19.6% | |
| Q4 2018 | +6.2% | -1.1% | -2.1% | |
| Q3 2018 | -5.6% | -1.9% | -7.5% | |
| Q2 2018 | -4.2% | -9.3% | -4.0% | |
| Q1 2018 | +11.7% | +0.9% | +10.5% | |
| Q4 2017 | +16.0% | +15.5% | +9.8% | |
| Q3 2017 | -6.1% | -10.1% | -10.8% | |
| Q2 2017 | +9.7% | +13.1% | +10.0% | |
| Q1 2017 | +10.9% | +9.1% | +9.4% | |
| Q4 2016 | -4.0% | -6.2% | +4.7% | |
| Q3 2016 | +0.3% | +3.3% | +14.3% | |
| Q2 2016 | +17.6% | +16.2% | +12.2% | |
| Q1 2016 | -21.8% | — | — | |
| Q4 2015 | +18.9% | — | — | |
| Q3 2015 | +14.0% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2015 | +14.6% | — | — | |
| Q4 2014 | -1.7% | — | — | |
| Q3 2014 | +6.4% | — | — | |
| Q2 2014 | +2.6% | — | — | |
| Q1 2014 | -13.1% | — | — | |
| Q4 2013 | -4.3% | — | — | |
| Q3 2013 | +8.9% | — | — | |
| Q2 2013 | +3.3% | — | — | |
| Q1 2013 | +7.7% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2012 | -11.0% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | +12.5% | — | — | |
| Q1 2012 | +4.1% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2010 | -6.8% | — | — | |
| Q3 2011 | -6.8% | — | — | |
| Q2 2010 | -15.6% | — | — | |
| Q1 2011 | -15.6% | — | — | |
| Q2 2011 | -15.6% | — | — | |
| Q4 2010 | -15.6% | — | — | |
| Q1 2010 | +4.5% | — | — |
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