Flagship explainer

How AMERICAN VANGUARD CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$515M · 100%Cost of revenue$368M · 71%Gross profit$148M · 29%Operating income−$28.3M · −5%Income before tax−$47.2M · −9%Income tax$2.7M · 1%Net income−$49.9M · −10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$515M100%
Cost of revenue$368M71%
$148M29%
−$28.3M−5%
Income before tax−$47.2M−9%
Income tax$2.7M1%
−$49.9M−10%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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