Alico, Inc. (NASDAQ:ALCO) reported a significant revenue beat with $935,000 in Q4 2024, far exceeding the estimated $400,000.
The company achieved a net income of $7 million and an EBITDA of $29.7 million, with strategic land sales contributing significantly to its financial results.
Alico maintained a strong liquidity position and showcased robust financial metrics, including a low debt-to-equity ratio of 0.039 and a current ratio of 3.81.

Alico, Inc. (NASDAQ:ALCO) is a company involved in agribusiness, primarily focusing on citrus production and land management. On December 2, 2024, ALCO reported its earnings, revealing a revenue of $935,000, which surpassed the estimated $400,000. This significant revenue beat highlights the company’s strong performance in the fourth quarter of 2024.
During the Q4 2024 earnings call, key figures such as John Kiernan, the President and CEO, and Brad Heine, the CFO, provided insights into the company’s financial performance. ALCO reported a net income of $7 million attributable to its common stockholders for the fiscal year. The company also achieved an EBITDA of $29.7 million, although the Adjusted EBITDA was a negative $3.8 million after accounting for non-recurring items.
Alico’s strategic land sales contributed significantly to its financial results. The company sold approximately 18,354 acres, generating around $86.2 million in gross proceeds. This move aligns with Alico’s strategy to optimize its asset portfolio and strengthen its financial position. Additionally, the company maintained a strong liquidity position with about $86.6 million of undrawn credit available under its revolving line of credit.
ALCO’s financial metrics provide further insights into its market valuation. The company’s price-to-earnings (P/E) ratio is approximately 28.89, indicating the price investors are willing to pay for each dollar of earnings. The price-to-sales ratio stands at about 4.32, suggesting the market values its sales at over four times its revenue. The enterprise value to sales ratio is around 4.47, reflecting the company’s total valuation relative to its sales.
The company’s financial health is further supported by a low debt-to-equity ratio of 0.039, indicating a conservative use of debt in its capital structure. Additionally, ALCO’s current ratio of 3.81 suggests a strong liquidity position, enabling the company to cover its short-term liabilities effectively. These financial metrics highlight Alico’s robust financial standing and its ability to navigate market challenges.