Friday 6 November 2026
Export AVD’s income statement to Excel — free account
American Vanguard Corporation
AVD Basic Materials Agricultural Inputs
American Vanguard Corporation’s revenue for fiscal 2025 (year ended December 2025) was $515.1 million, down 5.88% from fiscal 2024.
- Revenue
- −9.71%
- EPS
- −1,033.3%
- Free cash flow
- −33.2%
- Total debt
- +41.2%
Quarter to June 2026, against a year earlier
0.94
0.04
−4.08%
Follow AVD
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 312 | 355 | 454 | 468 | 459 | 558 | 610 | 579 | 547 | 515 | 510 | +5.7% | 555 | — | — | +7.7% | |
| Gross margin, % | 41.10 | 41.51 | 40.20 | 37.88 | 37.63 | 30.61 | 31.56 | 30.92 | 21.98 | 28.65 | 29.38 | (12.4) pt | ||||||
| EBT | 19 | 25 | 34 | 19 | 18 | 27 | 36 | 10 | (120) | (47) | (53) | n/m | ||||||
| EBT margin, % | 6.06 | 7.00 | 7.40 | 4.06 | 4.02 | 4.87 | 5.90 | 1.78 | (22.01) | (9.16) | (10.30) | (15.2) pt | ||||||
| Net income | 13 | 20 | 24 | 14 | 15 | 19 | 27 | 8 | (126) | (50) | (55) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 10.82 | 12.20 | 15.49 | 16.13 | 15.58 | 18.71 | 20.85 | 20.60 | 19.51 | 18.12 | 17.81 | +5.9% | |||||
| Earnings | 0.44 | 0.70 | 0.83 | 0.47 | 0.52 | 0.62 | 0.94 | 0.27 | (4.50) | (1.75) | (1.90) | n/m | ||||||
| Cash flow | 1.61 | 2.03 | 0.40 | 0.33 | 3.07 | 2.90 | 1.95 | (2.09) | 0.14 | (0.75) | (1.46) | n/m | ||||||
| Capex | (0.38) | (3.04) | (0.27) | (0.58) | (0.52) | (0.34) | (0.49) | (0.42) | (0.24) | (0.13) | (0.17) | (11.4%) | ||||||
| Free cash flow | 1.23 | (1.02) | 0.12 | (0.25) | 2.55 | 2.56 | 1.46 | (2.51) | (0.10) | (0.87) | (1.63) | n/m | ||||||
| Book value | 9.78 | 10.49 | 11.23 | 11.86 | 12.25 | 12.50 | 12.66 | 13.15 | 8.31 | 6.77 | 6.33 | (4.0%) | ||||||
| Shares, m | 29 | 29 | 29 | 29 | 29 | 30 | 29 | 28 | 28 | 28 | 29 | (0.2%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 42.39 | 28.70 | 18.52 | 41.43 | 29.85 | 26.87 | 23.13 | 40.41 | 0.00 | 0.00 | 0.00 | 25.1 | |||||
| P/S | 1.72 | 1.62 | 0.98 | 1.21 | 1.00 | 0.88 | 1.03 | 0.53 | 0.24 | 0.21 | 0.05 | 0.9 | ||||||
| P/B | 1.91 | 1.89 | 1.35 | 1.64 | 1.27 | 1.31 | 1.70 | 0.83 | 0.56 | 0.56 | 0.15 | 1.3 | ||||||
| EV/Sales | 1.83 | 1.81 | 1.18 | 1.51 | 1.21 | 0.95 | 1.09 | 0.76 | 0.49 | 0.54 | 0.49 | 1.1 | ||||||
| EV/FCF | 16.18 | (21.73) | (9.92) | (97.75) | 5.37 | 6.94 | 15.60 | (6.23) | (100.11) | (11.12) | (5.36) | (20.3) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 46 | 59 | 12 | 10 | 90 | 86 | 57 | (59) | 4 | (21) | (42) | n/m | |||||
| Capex | (11) | (89) | (8) | (17) | (15) | (10) | (14) | (12) | (7) | (4) | (5) | (11.5%) | ||||||
| Free cash flow | 36 | (30) | 4 | (7) | 75 | 76 | 43 | (71) | (3) | (25) | (47) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 130 | 129 | 165 | 198 | 159 | 119 | 122 | 202 | 147 | 161 | 249 | +2.4% | |||||
| Net debt | 33 | 66 | 91 | 144 | 92 | 36 | 31 | 127 | 135 | 162 | 224 | +19.3% | ||||||
| Shareholders’ equity | 282 | 305 | 329 | 344 | 361 | 373 | 370 | 370 | 233 | 192 | 181 | (4.2%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 2.96 | 4.20 | 4.29 | 2.15 | 2.26 | 2.70 | 3.86 | 1.01 | (17.99) | (8.09) | (8.48) | (11.0) pt | |||||
| ROIC | 4.07 | 4.51 | 5.81 | 3.36 | 3.17 | 4.73 | 6.33 | 2.93 | (17.25) | (5.00) | (4.13) | (9.1) pt | ||||||
| ROE | 4.64 | 6.90 | 7.63 | 4.04 | 4.32 | 5.07 | 7.38 | 2.03 | (41.90) | (23.45) | (26.48) | (28.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 395 | 605 | 624 | 671 | 771 | 804 | 804 | 845 | 755 | 739 | — | +7.2% | |||||
| Revenue/emp, $m | 0.79 | 0.59 | 0.73 | 0.70 | 0.59 | 0.69 | 0.76 | 0.69 | 0.72 | 0.70 | — | (1.4%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
American Vanguard Corporation vs peers in Agricultural Inputs (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| UAN CVR Partners, LP | $1.2B | 10.8× | — | −10.64% (below 0%: shrinking) | n/m | +5.14% (above 0%: growing) | 21.70% | (2.49%) | Compare |
| FMC FMC Corporation | $944.2M | — (loss-making) | — (loss-making) | −80.47% (below 0%: shrinking) | n/m | +90.90% (above 0%: growing) | (379.23%) | (1,050.24%) | Compare |
| IPI Intrepid Potash, Inc | $422.1M | 16.9× | — (loss-making) | −4.11% (below 0%: shrinking) | −54.76% (below 0%: shrinking) | −85.77% (below 0%: shrinking) | 19.68% | 0.41% | Compare |
| LVROF Lavoro Limited | $34.8M | — (loss-making) | — (loss-making) | −23.62% (below 0%: shrinking) | n/m | −6.85% (below 0%: shrinking) | 15.65% | 0.67% | Compare |
| AVD American Vanguard Corporation | $28.0M | — (loss-making) | 11.4× | −9.71% (below 0%: shrinking) | n/m | −33.18% (below 0%: shrinking) | 29.73% | (0.26%) | |
| BIOX Bioceres Crop Solutions Corp. | $13.6M | — (loss-making) | 27.0× | −34.73% (below 0%: shrinking) | n/m | +344.29% (above 0%: growing) | 32.23% | (10.91%) | Compare |
| SEED Origin Agritech Limited | $10.0M | — (loss-making) | — (loss-making) | +432.86% (above 0%: growing) | n/m | −107.51% (below 0%: shrinking) | 22.38% | 0.00% | Compare |
| BHILQ Benson Hill, Inc. | $1.5M | — (loss-making) | — (loss-making) | +45.32% (above 0%: growing) | n/m | +56.10% (above 0%: growing) | (1.34%) | (57.94%) | Compare |
| NXTS Nexentis Technologies Inc. | $1.4M | — (loss-making) | — (loss-making) | −100.00% (below 0%: shrinking) | n/m | −2.86% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $24.2M | — | — | −17.13% | — | +1.14% | 17.67% | (1.24%) |
Pay and ownership Proxy statement filed 23 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 1.07m | 770.73k | 25.00 |
| 2024 | 1.68m | 339.58k | 24.00 |
| 2023 | 2.51m | (471.65k) | 72.00 |
| 2022 | 2.85m | 3.43m | 141.00 |
| 2021 | 2.46m | 3.09m | 106.00 |
Ownership
Directors and executive officers, together
5.60%
Blackrock, Inc.
6.40%
Wellington Management Company, LLP
5.70%
The Vanguard Group
5.41%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement