Allison Q2 2024 Earnings Report
Key Takeaways
Allison Transmission announced record second-quarter net sales of $816 million, driven by strong demand in the North America On-Highway end market. Diluted EPS was $2.13, and the company raised its full-year 2024 revenue, earnings, and cash flow guidance.
Record quarterly net sales of $816 million, up 4% year over year.
Diluted EPS of $2.13, up 11% year over year.
North America On-Highway end market achieved all-time high quarterly net sales of $456 million.
Full year 2024 revenue, earnings and cash flow guidance increased.
Allison
Allison
Allison Revenue by Segment
Forward Guidance
Allison expects 2024 Net Sales in the range of $3,090 to $3,170 million, Net Income in the range of $650 to $700 million, Adjusted EBITDA in the range of $1,085 to $1,145 million, Net Cash Provided by Operating Activities in the range of $715 to $775 million, Capital Expenditures in the range of $125 to $135 million, and Adjusted Free Cash Flow in the range of $590 to $640 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income