American Vanguard Corp is a crop protection and specialty chemical company that formulates, markets, and distributes pesticide products used in agriculture and in non-crop applications. Its portfolio spans insecticides, herbicides, soil fumigants, and other inputs that are typically sold through distributors and channel partners rather than directly to most end users. The company reports sales across U.S. crop, U.S. non-crop, and international markets, with product demand influenced by planting decisions, commodity prices, and distributor inventory behavior. Recent results reflect shifting buying patterns (customers purchasing closer to time of use) and portfolio changes, including the voluntary withdrawal of the Dacthal product from the global market.
−4,5 %
28,6 %
−9,7 %
−5,9 %
1.77
0.93
| % | |
|---|---|
| U.S. Crop | 40% Crop protection products sold into U.S. (and Canada) agricultural channels, including soil fumigants, insecticides and herbicides. |
| International | 35% Crop protection products sold outside the U.S. through international distributors and partners, including Latin America-focused insecticide demand. |
| U.S. Non-Crop | 25% Specialty insecticides and other pesticides for non-crop end markets such as structural, industrial, and other non-ag uses. |
American Vanguard primarily sells through agricultural distributors and dealers that supply growers, rather than...
Buy crop protection products (fumigants, insecticides, herbicides) to stock and resell to growers; ordering is sensitive to inventory levels and financing costs.
Purchase and register products for local markets and supply growers; demand varies with regional crop cycles and regulatory approvals.
Buy non-crop insecticides and related products for structural/industrial and other non-ag applications where pest control is required.
Buy crop protection products through Canadian channels; reporting classification changed in 2025 as part of a reorganization.
The company operates across the United States and international markets, reporting net sales as Total U.S...
Management is executing a business transformation that included a new organizational structure implemented on January...
Customers are pushing purchases closer to time of use, raising inventory risk if production is not adjusted.
Organizational changes are intended to improve execution and customer servicing across regions and product lines.
Credit agreement timing and classification could affect liquidity perception and potentially going-concern conclusions if not extended or replaced.
Demand risk is elevated because distributors and other channel partners can rapidly adjust inventory purchases based on...
If not extended or replaced by reporting deadlines, long-term debt may be classified as current and could contribute to a going-concern conclusion, harming partner relationships and access to capital.
Federal and state actions could impose limitations or labeling requirements that reduce pesticide use in food production, lowering demand for the company’s crop inputs.
Accrued liabilities from the voluntary global withdrawal reduced working capital in 2024 and were paid during 2025, demonstrating potential for material cash impacts from product actions.
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: 11/08/2026