Allison Q4 2022 Earnings Report
Key Takeaways
Allison Transmission reported record fourth quarter net sales of $718 million, up 11% year over year, and diluted EPS of $1.52, up 32% year over year. The company's performance was driven by strong customer demand across its Global On-highway and Off-highway end markets.
Net sales for the quarter were $718 million, up 11% year over year.
Diluted EPS for the quarter was $1.52, up 32% year over year.
Net income for the quarter was $141 million.
Adjusted EBITDA for the quarter was $245 million.
Allison
Allison
Allison Revenue by Segment
Forward Guidance
Allison expects 2023 Net Sales in the range of $2,825 to $2,925 million, Net Income in the range of $500 to $550 million, Adjusted EBITDA in the range of $965 to $1,025 million, Net Cash Provided by Operating Activities in the range of $605 to $665 million, Capital Expenditures in the range of $125 to $135 million, and Adjusted Free Cash Flow in the range of $480 to $530 million.
Positive Outlook
- Higher net sales across all end markets
- Driven by price increases on certain products
- Continued execution of growth initiatives
Revenue & Expenses
Visualization of income flow from segment revenue to net income