Filing Flows › American Vanguard (AVD) › Q4 2024
American Vanguard (AVD) Q4 2024 earnings results (fourth quarter 2024)
10-K filed May 29, 2025
American Vanguard (AVD) reported revenue of $166M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and +40% from the quarter before. Operating margin was -42.3%, net loss $90.4M (54.6% of revenue).
American Vanguard, Q4 2024: revenue $166M (-4% year over year), operating margin -42.3%, net loss $90.4M, operating cash flow $33.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $166M | +40% | -4% |
| Operating profit | −$70.0M | — | — |
| Net earnings | −$90.4M | — | — |
| Operating cash flow | $33.8M | +27% | -61% |
| Free cash flow | $32.6M | +28% | -61% |
What changed
Revenue was $165.6M in Q4 2024, down 4% year over year and up 40% from the previous quarter.
Gross margin was 13.8%, down 17.9 points from a year earlier. Operating costs exceeded revenue by $70.0M, an operating margin of -42.3%. Operating expenses grew 118% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+5432%). The quarter ended with a net loss of $90.4M, wider than the previous quarter's $25.7M loss.
Operating cash flow was $33.8M (down 61% year over year). Non-cash charges added back $15.7M of depreciation and amortization and $525K of share-based compensation. Working capital and other items added $108.0M. Capital expenditures of $1.2M left free cash flow of $32.6M.
Questions
What was American Vanguard's revenue in the fourth quarter 2024?
American Vanguard (AVD) reported revenue of $166M for the fourth quarter 2024 (Q4 2024), -4% from a year earlier and +40% from the quarter before.
Was American Vanguard profitable in the fourth quarter 2024?
Operating loss was $70.0M (-42.3% of revenue) and net loss $90.4M.
Source: American Vanguard 10-K on SEC EDGAR.