AVD · AMERICAN VANGUARD CORP
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets synthetic, biological, and biorational products for agricultural, commercial, and consumer uses in the United States and internationally. The company synthesizes and formulates chemicals and ferments and extracts microbial products for crops, turf, ornamental plants, and human and animal health protection, such as insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms. It distributes its products through national distribution companies, buying groups, or co-operatives, as well as through sales offices, wholly owned distributors, sales force executives, and sales agents. American Vanguard Corporation was incorporated in 1969 and is headquartered in Newport Beach, California.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $2.68 |
| SO | 28.6M |
| Options | 0.1M |
| Warrants | 0.0M |
| FD SO | 28.7M |
| MC | $77.0M |
| Cash | $70.9M |
| Total debt | $266.6M |
| EV | $272.7M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.5x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 67.5% |
| Insiders | 6.7% |
| # Institutions | 155 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | 0.9% |
| Days to cover | 0.42 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-04-22. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 123.57 | 150.69 | 119.31 | 129.31 |
| Revenue YoY % | 6.7% | (9.0%) | 0.9% | 0.9% |
| Cost of Revenue | 85.15 | 108.08 | 85.10 | 88.77 |
| Gross Profit | 38.42 | 42.61 | 34.21 | 40.55 |
| Gross Profit YoY % | 27.2% | 86.5% | 97.8% | 7.4% |
| Gross Margin % | 31.1% | 28.3% | 28.7% | 31.4% |
| SG&A | 27.71 | 28.64 | 26.75 | 28.76 |
| R&D | 5.27 | 6.02 | 5.65 | 5.80 |
| Operating Expense | 36.53 | 64.46 | 40.72 | 36.18 |
| Operating Income | 1.89 | (21.85) | (6.50) | 4.37 |
| Operating Income YoY % | 143.8% | 68.8% | 77.1% | 147.3% |
| Operating Margin % | 1.5% | (14.5%) | (5.5%) | 3.4% |
| EBITDA | 6.57 | (17.11) | (1.95) | 9.07 |
| EBITDA Margin % | 5.3% | (11.4%) | (1.6%) | 7.0% |
| Interest Expense | 5.79 | 5.33 | 4.92 | 4.45 |
| Other Income / (Expense) | — | — | (0.51) | — |
| Pretax Income | (4.02) | (27.11) | (11.94) | (0.08) |
| Tax Provision | 0.12 | 1.10 | 0.42 | 0.77 |
| Net Income | (4.14) | (28.21) | (12.36) | (0.85) |
| Net Margin % | (3.4%) | (18.7%) | (10.4%) | (0.7%) |
| Diluted EPS | -$0.14 | -$0.99 | -$0.43 | -$0.03 |
| Basic EPS | -$0.14 | -$0.99 | -$0.43 | -$0.03 |
| Diluted Avg Shares | 28.6 | — | 28.5 | 28.3 |
| Basic Avg Shares | 28.6 | — | 28.5 | 28.3 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 522.88 | 515.11 | 547.31 | 579.37 | 609.62 |
| Revenue YoY % | 1.5% | (5.9%) | (5.5%) | (5.0%) | — |
| Cost of Revenue | 367.10 | 367.55 | 426.99 | 400.21 | 417.23 |
| Gross Profit | 155.79 | 147.56 | 120.32 | 179.16 | 192.39 |
| Gross Profit YoY % | 5.6% | 22.6% | (32.8%) | (6.9%) | — |
| Gross Margin % | 29.8% | 28.6% | 22.0% | 30.9% | 31.6% |
| SG&A | 111.85 | 110.63 | 119.63 | 116.89 | 119.92 |
| R&D | 22.75 | 23.16 | 32.66 | 38.02 | 31.82 |
| Operating Expense | 177.88 | 175.86 | 221.87 | 155.87 | 151.74 |
| Operating Income | (22.10) | (28.30) | (101.56) | 23.30 | 40.65 |
| Operating Income YoY % | 21.9% | 72.1% | (536.0%) | (42.7%) | — |
| Operating Margin % | (4.2%) | (5.5%) | (18.6%) | 4.0% | 6.7% |
| EBITDA | (3.41) | (23.04) | (96.40) | 29.89 | 49.56 |
| EBITDA Margin % | (0.7%) | (4.5%) | (17.6%) | 5.2% | 8.1% |
| Interest Expense | 20.50 | 18.47 | 16.55 | 12.64 | 3.95 |
| Other Income / (Expense) | (0.56) | — | (2.36) | — | (0.73) |
| Pretax Income | (43.15) | (47.20) | (120.46) | 10.30 | 35.97 |
| Tax Provision | 2.42 | 2.68 | 5.88 | 2.78 | 8.56 |
| Net Income | (45.56) | (49.88) | (126.34) | 7.52 | 27.40 |
| Net Income to Common | (45.56) | (49.88) | (124.86) | 7.52 | 27.40 |
| Net Margin % | (8.7%) | (9.7%) | (23.1%) | 1.3% | 4.5% |
| Diluted EPS | -$1.59 | -$1.75 | -$4.50 | $0.26 | $0.92 |
| Basic EPS | -$1.59 | -$1.75 | -$4.50 | $0.27 | $0.94 |
| Diluted Avg Shares | 28.6 | 28.4 | 28.1 | 28.5 | 29.9 |
| Basic Avg Shares | 28.6 | 28.4 | 28.1 | 28.1 | 29.2 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 70.91 | 12.43 | 16.80 | 14.48 |
| Receivables | 179.34 | 160.51 | 167.14 | 169.48 |
| Inventory | 175.04 | 176.03 | 199.00 | 191.50 |
| Other Current Assets | 18.26 | 21.55 | 23.53 | 23.86 |
| Total Current Assets | 443.55 | 370.52 | 406.47 | 399.33 |
| Net PPE | 51.72 | 53.04 | 55.80 | 56.10 |
| Operating Lease ROU | 16.03 | 16.79 | 17.75 | 18.39 |
| Goodwill | — | 0.00 | 21.04 | 20.80 |
| Intangible Assets | 136.07 | 138.75 | 143.41 | 146.17 |
| Other Assets | 17.87 | 17.44 | 10.55 | 11.19 |
| Total Assets | 665.24 | 596.54 | 655.01 | 651.98 |
| Accounts Payable | 90.67 | 87.50 | 84.20 | 96.78 |
| Current Debt | 2.25 | 0.00 | — | — |
| Current Lease Liabilities | 5.52 | 5.76 | 6.18 | 6.30 |
| Other Current Liabilities | 92.48 | 116.18 | 139.78 | 105.66 |
| Total Current Liabilities | 190.92 | 209.45 | 230.17 | 208.74 |
| Long-term Debt | 264.38 | 174.00 | 182.25 | 189.50 |
| Long-term Lease Liabilities | 10.99 | 11.62 | 12.15 | 12.73 |
| Other Liabilities | 9.32 | 9.07 | 9.45 | 10.18 |
| Total Liabilities | 475.62 | 404.14 | 434.02 | 421.16 |
| Retained Earnings | 150.85 | 155.00 | 183.21 | 195.57 |
| Total Equity | 189.62 | 192.40 | 220.99 | 230.82 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 70.91 | 12.43 | 12.51 | 11.42 | 20.33 |
| Receivables | 179.34 | 160.51 | 169.74 | 182.61 | 156.49 |
| Inventory | 175.04 | 176.03 | 179.29 | 219.55 | 184.19 |
| Other Current Assets | 18.26 | 21.55 | 17.34 | 18.44 | 27.56 |
| Total Current Assets | 443.55 | 370.52 | 378.89 | 432.02 | 388.57 |
| Net PPE | 51.72 | 53.04 | 58.17 | 74.56 | 70.91 |
| Operating Lease ROU | 16.03 | 16.79 | 19.73 | 22.42 | 24.25 |
| Goodwill | — | 0.00 | 19.70 | 51.20 | 47.01 |
| Intangible Assets | 136.07 | 138.75 | 150.50 | 172.51 | 184.66 |
| Other Assets | 17.87 | 17.44 | 9.73 | 14.84 | 10.91 |
| Total Assets | 665.24 | 596.54 | 636.72 | 767.55 | 726.31 |
| Accounts Payable | 90.67 | 87.50 | 69.16 | 68.83 | 69.00 |
| Current Debt | 2.25 | 0.00 | — | — | — |
| Current Lease Liabilities | 5.52 | 5.76 | 6.14 | 6.08 | 5.28 |
| Other Current Liabilities | 92.48 | 116.18 | 157.06 | 155.58 | 192.32 |
| Total Current Liabilities | 190.92 | 209.45 | 232.35 | 230.50 | 266.60 |
| Long-term Debt | 264.38 | 174.00 | 147.33 | 138.90 | 51.48 |
| Long-term Lease Liabilities | 10.99 | 11.62 | 14.34 | 17.11 | 19.49 |
| Other Liabilities | 9.32 | 9.07 | 9.59 | 11.03 | 18.76 |
| Total Liabilities | 475.62 | 404.14 | 403.61 | 397.54 | 356.33 |
| Retained Earnings | 150.85 | 155.00 | 204.88 | 332.90 | 328.75 |
| Total Equity | 189.62 | 192.40 | 233.11 | 370.01 | 369.98 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (4.14) | (28.21) | (12.36) | (0.85) |
| D&A | 4.68 | 4.74 | 4.56 | 4.70 |
| Stock-Based Comp | 0.19 | 0.28 | 0.76 | 0.42 |
| Δ Working Cap & Other | (36.17) | 29.16 | 19.73 | (23.54) |
| Operating Cash Flow | (35.44) | 5.95 | 12.69 | (19.26) |
| CapEx | (0.97) | (1.52) | (1.38) | (0.59) |
| Investing Cash Flow | (0.97) | (1.56) | (0.98) | (0.61) |
| Debt Issuance | 225.00 | — | — | — |
| Dividends Paid | — | 0.00 | 0.00 | 0.00 |
| Other Financing | (129.99) | (8.36) | (9.42) | 21.68 |
| Financing Cash Flow | 95.01 | (8.36) | (9.42) | 21.68 |
| Free Cash Flow | (36.41) | 4.43 | 11.31 | (19.85) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (45.56) | (49.88) | (126.34) | 7.52 | 27.40 |
| D&A | 18.68 | 5.25 | 5.16 | 6.60 | 8.91 |
| Stock-Based Comp | 1.64 | 2.02 | 4.41 | 6.14 | 5.68 |
| Δ Working Cap & Other | (10.82) | 21.42 | 120.69 | (79.00) | 15.11 |
| Operating Cash Flow | (36.06) | (21.19) | 3.92 | (58.75) | 57.10 |
| CapEx | (4.46) | (3.92) | (7.28) | (11.88) | (13.26) |
| Acquisitions | — | 0.00 | 0.00 | (5.20) | 0.00 |
| Other Investing | — | — | 0.66 | — | (1.21) |
| Investing Cash Flow | (4.13) | (3.61) | (6.62) | (17.02) | (14.47) |
| Stock Buyback | — | 0.00 | 0.00 | (15.54) | (34.00) |
| Dividends Paid | — | 0.00 | (2.51) | (3.38) | (2.79) |
| Other Financing | 98.91 | 23.70 | 7.05 | 85.66 | (1.47) |
| Financing Cash Flow | 98.91 | 23.70 | 4.54 | 66.74 | (38.26) |
| Free Cash Flow | (40.52) | (25.11) | (3.36) | (70.63) | 43.84 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 2.32 | 1.77 | 1.77 | 1.91 |
| Quick Ratio | 1.41 | 0.93 | 0.90 | 1.00 |
| Debt / Equity | 2.51 | 2.10 | 1.96 | 1.82 |
| EBITDA Margin % | 5.3% | (11.4%) | (1.6%) | 7.0% |
| Working Capital | 252.63 | 161.08 | 176.30 | 190.58 |
| Net Debt | 193.47 | 161.57 | 165.46 | 175.02 |
| ROE % | (2.2%) | (14.7%) | (5.6%) | (0.4%) |
| ROA % | (0.6%) | (4.7%) | (1.9%) | (0.1%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 2.32 | 1.77 | 1.63 | 1.87 | 1.46 |
| Quick Ratio | 1.41 | 0.93 | 0.86 | 0.92 | 0.77 |
| Debt / Equity | 2.51 | 2.10 | 1.73 | 1.07 | 0.96 |
| EBITDA Margin % | (0.7%) | (4.5%) | (17.6%) | 5.2% | 8.1% |
| Working Capital | 252.63 | 161.08 | 146.54 | 201.53 | 121.97 |
| Net Debt | 193.47 | 161.57 | 134.82 | 127.48 | 31.15 |
| ROE % | (24.0%) | (25.9%) | (54.2%) | 2.0% | 7.4% |
| ROA % | (6.8%) | (8.4%) | (19.8%) | 1.0% | 3.8% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-19 | Gottschalk Patrick E | Director | 2026-05-19 | P | 25,000 | $2.70 | $67,500 |
| 2026-05-19 | Gottschalk Patrick E | Director | 2026-05-13 | P | 20,000 | $2.95 | $59,000 |
| 2026-05-19 | Gottschalk Patrick E | Director | 2026-05-12 | P | 20,000 | $2.92 | $58,400 |
| 2026-01-29 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2026-01-29 | I | 4,790 | $3.26 | $15,615 |
| 2025-12-01 | Gottschalk Patrick E | Director | 2025-11-26 | J | 47,281 | — | $0 |
| 2025-12-01 | ROSENBLOOM KEITH M | Director | 2025-11-26 | J | (217,503) | — | $-0 |
| 2025-12-01 | Bassett Mark R | Director | 2025-11-26 | J | 23,636 | — | $0 |
| 2025-09-05 | Eilers Peter | Officer (See Remarks) | 2025-09-04 | S | (6,000) | $5.35 | -$32,100 |
| 2025-08-14 | ROSENBLOOM KEITH M | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-08-13 | ROSENBLOOM KEITH M | Director | 2024-10-17 | J | (411,398) | — | $-0 |
| 2025-08-11 | Bassett Mark R | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-08-11 | Tiu de Mino Carmen | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-08-08 | Angelini Marisol | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-08-08 | Gunter Emer | Director | 2025-08-07 | A | 8,810 | — | $0 |
| 2025-08-08 | Macicek Steven D | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-08-08 | Baskin Scott | Director | 2025-08-07 | A | 8,810 | — | $0 |
| 2025-08-08 | Gottschalk Patrick E | Director | 2025-08-07 | A | 17,621 | — | $0 |
| 2025-06-12 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2025-06-11 | P | 2,000 | $4.67 | $9,340 |
| 2025-01-24 | Tiu de Mino Carmen | Director | 2024-12-11 | A | 6,786 | $5.72 | $38,816 |
| 2025-01-21 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2024-12-09 | A | 59,003 | $5.72 | $337,497 |
| 2025-01-21 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2024-12-09 | A | 118,007 | $5.72 | $675,000 |
| 2025-01-21 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2024-12-09 | A | 59,003 | $5.72 | $337,497 |
| 2025-01-21 | Kaye Douglas | Officer (CHIEF EXECUTIVE OFFICER) | 2024-12-09 | A | 52,448 | $5.72 | $300,003 |
| 2024-12-17 | Eilers Peter | Officer (See Remarks) | 2024-12-13 | S | (3,000) | $5.35 | -$16,050 |
| 2024-11-18 | Macicek Steven D | Director | 2024-11-15 | P | 12,000 | $5.97 | $71,640 |
| 2024-10-21 | ROSENBLOOM KEITH M | Director | 2024-10-17 | J | (411,398) | — | $-0 |
| 2024-09-05 | ROSENBLOOM KEITH M | Director | 2024-09-04 | P | 7,000 | $6.08 | $42,560 |
| 2024-09-05 | Ranganath Suneet | Officer (See Remarks) | 2024-09-03 | D | (1,282) | — | $-0 |
| 2024-09-05 | Ranganath Suneet | Officer (See Remarks) | 2024-09-03 | F | (446) | — | $-0 |
| 2024-09-05 | Wetherall Shayne M | Officer (CEO, AMGUARD) | 2024-09-03 | D | (1,918) | — | $-0 |
| 2024-09-05 | Wetherall Shayne M | Officer (CEO, AMGUARD) | 2024-09-03 | F | (586) | — | $-0 |
| 2024-09-05 | Bennett John Mason | Officer (VP US Crop Sales) | 2024-09-03 | D | (543) | — | $-0 |
| 2024-09-05 | Bennett John Mason | Officer (VP US Crop Sales) | 2024-09-03 | F | (154) | — | $-0 |
| 2024-09-05 | DONNELLY TIMOTHY | Officer (See Remarks) | 2024-09-03 | D | (2,524) | — | $-0 |
| 2024-09-05 | DONNELLY TIMOTHY | Officer (See Remarks) | 2024-09-03 | F | (1,050) | — | $-0 |
| 2024-09-05 | Turnbough Anne | Officer (See Remarks) | 2024-09-03 | D | (1,328) | — | $-0 |
| 2024-09-05 | Turnbough Anne | Officer (See Remarks) | 2024-09-03 | F | (377) | — | $-0 |
| 2024-09-05 | ROSENBLOOM KEITH M | Director | 2024-09-03 | P | 25,000 | $5.94 | $148,500 |
| 2024-09-05 | Johnson David` T. | Officer (See Remarks) | 2024-09-03 | D | (2,664) | — | $-0 |
| 2024-09-05 | Johnson David` T. | Officer (See Remarks) | 2024-09-03 | F | (1,108) | — | $-0 |
| 2024-09-05 | ROSENBLOOM KEITH M | Director | 2024-08-30 | P | 104,492 | $5.74 | $599,784 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-08-30 | S | (60,620) | $5.70 | -$345,534 |
| 2024-09-03 | ROSENBLOOM KEITH M | Director | 2024-08-29 | P | 16,480 | $5.74 | $94,595 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-08-29 | S | (39,380) | $5.75 | -$226,435 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-08-21 | D | (17,791) | — | $-0 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-08-21 | F | (7,396) | — | $-0 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-08-21 | A | 12,851 | — | $0 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-07-12 | D | (86,308) | — | $-0 |
| 2024-09-03 | WINTEMUTE ERIC G | Director, Officer (Chairman) | 2024-07-12 | F | (45,867) | — | $-0 |
| 2024-08-30 | Eilers Peter | Officer (See Remarks) | 2024-08-29 | S | (5,000) | $5.80 | -$29,000 |
| 2024-08-30 | ROSENBLOOM KEITH M | Director | 2024-08-28 | P | 33,555 | $5.66 | $189,921 |
| 2024-08-30 | Eilers Peter | Officer (See Remarks) | 2024-04-16 | F | (1,728) | — | $-0 |
| 2024-06-07 | Gottschalk Patrick E | Director | 2024-06-06 | A | 9,174 | — | $0 |
| 2024-06-07 | Gunter Emer | Director | 2024-06-06 | A | 4,587 | — | $0 |
| 2024-06-06 | Macicek Steven D | Director | 2024-06-06 | A | 9,174 | — | $0 |
| 2024-06-06 | Baskin Scott | Director | 2024-06-06 | A | 4,587 | — | $0 |
| 2024-06-06 | Angelini Marisol | Director | 2024-06-06 | A | 9,174 | — | $0 |
| 2024-06-06 | Bassett Mark R | Director | 2024-06-06 | A | 9,174 | — | $0 |
| 2024-06-06 | ROSENBLOOM KEITH M | Director | 2024-06-06 | A | 9,174 | — | $0 |
| 2024-06-06 | Edwards Debra F. | Director | 2024-06-06 | A | 4,587 | — | $0 |