NYSEAMERICAN : AWX
Avalon Holdings Corporation — Financial statements
Industrials · Waste Management · United States
Last price 2.5302 USD (Oct 30, 2026, 9:46 AM EDT) · Market cap 9.87M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Avalon Holdings Corporation (AWX) reported revenue of 85.78M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 85.78M | 83.55M | 83.80M | 80.90M | 81.18M | 70.38M |
| Cost of Revenue | 68.23M | 67.21M | 66.57M | 66.73M | 67.22M | 56.83M |
| Gross Profit | 17.55M | 16.33M | 17.23M | 14.16M | 13.96M | 13.55M |
| Selling, General & Admin | 10.78M | 10.50M | 10.25M | 10.23M | 10.13M | 9.88M |
| Operating Expenses | 14.51M | 14.31M | 14.15M | 14.05M | 13.62M | 12.99M |
| Operating Income | 3.05M | 2.02M | 3.08M | 111.00K | 347.00K | 561.00K |
| Interest Expense | -2.03M | -2.04M | -2.04M | -2.10M | -1.46M | -1.16M |
| Other Non Operating Income (Expenses) | 7.00K | 231.00K | 359.00K | |||
| EBT Excluding Unusual Items | 1.02M | -17.00K | 1.04M | -1.99M | -886.00K | -238.00K |
| Gain (Loss) on Sale of Assets | -15.00K | 10.00K | ||||
| Other Unusual Items | 1.96M | |||||
| Pretax Income | 1.00M | -17.00K | 1.04M | -1.99M | -886.00K | 1.74M |
| Income Tax Expense | 99.00K | 82.00K | 90.00K | 57.00K | 94.00K | 89.00K |
| Earnings From Continuing Operations | 904.00K | -99.00K | 952.00K | -2.04M | -980.00K | 1.65M |
| Minority Interest in Earnings | 291.00K | 420.00K | 366.00K | 269.00K | 397.00K | 324.00K |
| Net Income | 1.20M | 321.00K | 1.32M | -1.77M | -583.00K | 1.97M |
| Net Income to Common | 1.20M | 321.00K | 1.32M | -1.77M | -583.00K | 1.97M |
| Shares Outstanding (Basic) | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M |
| Shares Outstanding (Diluted) | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.93M |
| EPS (Basic) | 0.31 | 0.08 | 0.34 | -0.46 | -0.15 | 0.51 |
| EPS (Diluted) | 0.31 | 0.08 | 0.34 | -0.46 | -0.15 | 0.50 |
| Free Cash Flow | 1.27M | 2.06M | 1.12M | -1.54M | -4.13M | -2.06M |
| Free Cash Flow Per Share | 0.33 | 0.53 | 0.29 | -0.40 | -1.06 | -0.52 |
| Gross Margin | 20.46% | 19.55% | 20.56% | 17.51% | 17.20% | 19.25% |
| Operating Margin | 3.55% | 2.42% | 3.67% | 0.14% | 0.43% | 0.80% |
| Profit Margin | 1.39% | 0.38% | 1.57% | -2.19% | -0.72% | 2.80% |
| Free Cash Flow Margin | 1.49% | 2.46% | 1.34% | -1.91% | -5.09% | -2.93% |
| EBITDA | 6.77M | 5.83M | 6.98M | 3.94M | 3.83M | 3.67M |
| EBITDA Margin | 7.89% | 6.98% | 8.33% | 4.87% | 4.72% | 5.22% |
| D&A For EBITDA | 3.72M | 3.80M | 3.91M | 3.83M | 3.48M | 3.11M |
| EBIT | 3.05M | 2.02M | 3.08M | 111.00K | 347.00K | 561.00K |
| EBIT Margin | 3.55% | 2.42% | 3.67% | 0.14% | 0.43% | 0.80% |
| Effective Tax Rate | 9.87% | 8.64% | 5.13% | |||
| Revenue as Reported | 85.78M | 83.55M | 83.80M | 80.90M | 81.18M | 70.38M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.79M | 4.11M | 2.80M | 1.19M | 1.62M | 3.25M |
| Cash & Short-Term Investments | 4.79M | 4.11M | 2.80M | 1.19M | 1.62M | 3.25M |
| Accounts Receivable | 11.17M | 10.36M | 9.18M | 10.07M | 11.73M | 10.51M |
| Receivables | 11.17M | 10.36M | 9.18M | 10.07M | 11.73M | 10.51M |
| Inventory | 1.84M | 1.55M | 1.56M | 1.66M | 1.46M | 1.10M |
| Prepaid Expenses | 677.00K | 919.00K | 1.00M | 1.12M | 1.17M | 996.00K |
| Other Current Assets | 15.00K | 15.00K | 15.00K | 14.00K | 105.00K | 105.00K |
| Total Current Assets | 18.50M | 16.96M | 14.56M | 14.04M | 16.09M | 15.97M |
| Property, Plant & Equipment | 60.90M | 61.63M | 62.61M | 63.61M | 63.19M | 60.33M |
| Long-Term Deferred Tax Assets | 32.00K | 32.00K | 27.00K | 8.00K | 8.00K | 8.00K |
| Other Long-Term Assets | 8.19M | 8.76M | 8.99M | 10.30M | 10.46M | 1.73M |
| Total Assets | 87.62M | 87.38M | 86.19M | 87.97M | 89.75M | 78.04M |
| Accounts Payable | 6.60M | 7.98M | 7.12M | 9.66M | 10.99M | 10.16M |
| Accrued Expenses | 1.62M | 1.24M | 1.06M | 1.28M | 989.00K | 1.34M |
| Current Portion of Long-Term Debt | 634.00K | 614.00K | 575.00K | 538.00K | 503.00K | 1.13M |
| Current Portion of Leases | 748.00K | 746.00K | 566.00K | 630.00K | 539.00K | 701.00K |
| Current Income Taxes Payable | 660.00K | 660.00K | 594.00K | 539.00K | 643.00K | 67.00K |
| Current Unearned Revenue | 7.42M | 5.22M | 5.09M | 4.67M | 4.61M | 4.16M |
| Other Current Liabilities | 434.00K | 366.00K | 459.00K | 602.00K | 579.00K | 470.00K |
| Total Current Liabilities | 18.12M | 16.83M | 15.46M | 17.91M | 18.86M | 18.02M |
| Long-Term Debt | 30.91M | 31.23M | 31.85M | 32.42M | 31.31M | 19.38M |
| Long-Term Leases | 2.02M | 2.27M | 1.73M | 1.44M | 1.34M | 1.56M |
| Other Long-Term Liabilities | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K |
| Total Liabilities | 51.14M | 50.43M | 49.13M | 51.87M | 51.61M | 39.06M |
| Common Stock | 39.00K | 39.00K | 39.00K | 39.00K | 39.00K | 39.00K |
| Additional Paid-In Capital | 59.21M | 59.21M | 59.21M | 59.21M | 59.20M | 59.20M |
| Retained Earnings | -21.24M | -20.89M | -21.21M | -22.53M | -20.75M | -20.17M |
| Total Common Equity | 38.00M | 38.35M | 38.03M | 36.72M | 38.49M | 39.07M |
| Minority Interest | -1.52M | -1.40M | -982.00K | -616.00K | -347.00K | -92.00K |
| Shareholders' Equity | 36.48M | 36.95M | 37.05M | 36.10M | 38.14M | 38.98M |
| Total Liabilities & Equity | 87.62M | 87.38M | 86.19M | 87.97M | 89.75M | 78.04M |
| Total Debt | 34.31M | 34.86M | 34.71M | 35.02M | 33.69M | 22.76M |
| Net Cash (Debt) | -29.51M | -30.74M | -31.91M | -33.84M | -32.07M | -19.51M |
| Net Cash Per Share | -7.57 | -7.88 | -8.18 | -8.68 | -8.22 | -4.96 |
| Filing Date Shares Outstanding | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M |
| Total Common Shares Outstanding | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M |
| Working Capital | 380.00K | 132.00K | -907.00K | -3.86M | -2.77M | -2.05M |
| Book Value Per Share | 9.75 | 9.84 | 9.75 | 9.42 | 9.87 | 10.02 |
| Tangible Book Value | 38.00M | 38.35M | 38.03M | 36.72M | 38.49M | 39.07M |
| Tangible Book Value Per Share | 9.75 | 9.84 | 9.75 | 9.42 | 9.87 | 10.02 |
| Land | 16.84M | 17.17M | 17.07M | 17.05M | 16.76M | 15.59M |
| Buildings | 55.44M | 55.09M | 54.67M | 54.17M | 52.97M | 48.60M |
| Machinery | 23.84M | 23.98M | 21.50M | 20.81M | 19.07M | 16.69M |
| Construction In Progress | 45.00K | 60.00K | 1.14M | 10.00K | 11.00K | 1.45M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.20M | 321.00K | 1.32M | -1.77M | -583.00K | 1.97M |
| Depreciation & Amortization | 3.72M | 3.80M | 3.91M | 3.83M | 3.48M | 3.11M |
| Other Amortization | 60.00K | 60.00K | 60.00K | 60.00K | 50.00K | 42.00K |
| Loss (Gain) From Sale of Assets | 15.00K | -7.00K | -10.00K | |||
| Stock-Based Compensation | 1.00K | 4.00K | 5.00K | |||
| Provision & Write-off of Bad Debts | 244.00K | 175.00K | 64.00K | 56.00K | 32.00K | 36.00K |
| Other Operating Activities | -296.00K | -425.00K | -385.00K | -269.00K | -397.00K | -2.29M |
| Change in Accounts Receivable | -471.00K | -1.36M | 825.00K | 1.60M | -1.25M | -1.22M |
| Change in Inventory | -31.00K | 3.00K | 104.00K | -201.00K | -356.00K | -195.00K |
| Change in Accounts Payable | -1.17M | 834.00K | -2.75M | -1.36M | 663.00K | 796.00K |
| Change in Unearned Revenue | 32.00K | 5.00K | 81.00K | -200.00K | 280.00K | 167.00K |
| Change in Income Taxes | 209.00K | 66.00K | 55.00K | -104.00K | 35.00K | 24.00K |
| Change in Other Net Operating Assets | -26.00K | 299.00K | 101.00K | 716.00K | 295.00K | -79.00K |
| Operating Cash Flow | 3.48M | 3.78M | 3.37M | 2.35M | 2.26M | 2.36M |
| Capital Expenditures | -2.21M | -1.73M | -2.25M | -3.90M | -6.39M | -4.42M |
| Sale of Property, Plant & Equipment | 7.00K | 3.00K | ||||
| Investing Cash Flow | -2.21M | -1.73M | -2.25M | -3.90M | -6.39M | -4.42M |
| Long-Term Debt Issued | 1.65M | 32.55M | ||||
| Long-Term Debt Repaid | -973.00K | -818.00K | -706.00K | -21.18M | -1.45M | |
| Net Debt Issued (Repaid) | -998.00K | -973.00K | -818.00K | 944.00K | 11.37M | -1.45M |
| Other Financing Activities | -135.00K | 358.00K | ||||
| Financing Cash Flow | -998.00K | -973.00K | -818.00K | 944.00K | 11.23M | -1.09M |
| Net Cash Flow | 276.00K | 1.08M | 309.00K | -598.00K | 7.10M | -3.15M |
| Free Cash Flow | 1.27M | 2.06M | 1.12M | -1.54M | -4.13M | -2.06M |
| Free Cash Flow Margin | 1.49% | 2.46% | 1.34% | -1.91% | -5.09% | -2.93% |
| Free Cash Flow Per Share | 0.33 | 0.53 | 0.29 | -0.40 | -1.06 | -0.52 |
| Levered Free Cash Flow | 1.11M | 2.18M | 1.05M | -718.88K | -3.68M | -1.84M |
| Unlevered Free Cash Flow | 2.32M | 3.39M | 2.26M | 532.38K | -2.82M | -1.15M |
| Cash Interest Paid | 1.91M | 1.99M | 2.18M | 2.01M | 1.31M | 1.13M |
| Cash Income Tax Paid | 147.00K | 93.00K | 54.00K | 162.00K | 58.00K | 65.00K |
| Change in Working Capital | -1.46M | -151.00K | -1.58M | 456.00K | -330.00K | -505.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.87M | 10.49M | 15.09M | 9.32M | 10.72M | 14.08M |
| Enterprise Value | 39.38M | 39.25M | 45.07M | 42.06M | 42.04M | 32.74M |
| Last Close Price | 2.59 | 2.69 | 3.87 | 2.39 | 2.75 | 3.61 |
| PE Ratio | 8.25 | 32.68 | 11.45 | 7.14 | ||
| PS Ratio | 0.12 | 0.13 | 0.18 | 0.12 | 0.13 | 0.20 |
| PB Ratio | 0.27 | 0.28 | 0.41 | 0.26 | 0.28 | 0.36 |
| P/TBV Ratio | 0.27 | 0.27 | 0.40 | 0.25 | 0.28 | 0.36 |
| P/FCF Ratio | 7.93 | 5.10 | 13.47 | |||
| P/OCF Ratio | 2.90 | 2.77 | 4.47 | 3.96 | 4.75 | 5.96 |
| EV/Sales Ratio | 0.46 | 0.47 | 0.54 | 0.52 | 0.52 | 0.47 |
| EV/EBITDA Ratio | 5.85 | 6.73 | 6.46 | 10.68 | 10.97 | 8.91 |
| EV/EBIT Ratio | 13.00 | 19.38 | 14.66 | 378.90 | 121.14 | 58.36 |
| EV/FCF Ratio | 31.09 | 19.09 | 40.24 | |||
| Debt / Equity Ratio | 0.94 | 0.94 | 0.94 | 0.97 | 0.88 | 0.58 |
| Debt / EBITDA Ratio | 4.67 | 5.45 | 4.56 | 7.49 | 7.33 | 5.14 |
| Debt / FCF Ratio | 26.93 | 16.95 | 30.99 | |||
| Net Debt / Equity Ratio | 0.81 | 0.83 | 0.86 | 0.94 | 0.84 | 0.50 |
| Net Debt / EBITDA Ratio | 4.36 | 5.28 | 4.57 | 8.60 | 8.37 | 5.31 |
| Net Debt / FCF Ratio | 23.16 | 14.95 | 28.49 | -21.94 | -7.76 | -9.47 |
| Asset Turnover | 0.98 | 0.96 | 0.96 | 0.91 | 0.97 | 0.90 |
| Inventory Turnover | 37.44 | 43.18 | 41.34 | 42.74 | 52.39 | 56.41 |
| Quick Ratio | 0.88 | 0.86 | 0.78 | 0.63 | 0.71 | 0.76 |
| Current Ratio | 1.02 | 1.01 | 0.94 | 0.78 | 0.85 | 0.89 |
| Return on Equity (ROE) | 2.51% | -0.27% | 2.60% | -5.51% | -2.54% | 4.34% |
| Return on Assets (ROA) | 2.17% | 1.46% | 2.21% | 0.08% | 0.26% | 0.45% |
| Return on Invested Capital (ROIC) | 4.10% | 2.96% | 4.04% | 0.16% | 0.54% | 0.91% |
| Return on Capital Employed (ROCE) | 4.40% | 2.90% | 4.30% | 0.20% | 0.50% | 0.90% |
| Earnings Yield | 12.11% | 3.06% | 8.73% | -19.05% | -5.44% | 14.00% |
| FCF Yield | 12.61% | 19.60% | 7.42% | -16.55% | -38.55% | -14.64% |
| Buyback Yield / Dilution | 0.86% | -1.42% |