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Dec 31, 2023
Allison Q4 2023 Earnings Report
Allison Transmission reported record fourth quarter and full year results, driven by strong demand in key end markets and effective operating performance.
Key Takeaways
Allison Transmission announced record fourth-quarter revenue of $775 million, an 8% increase year-over-year, contributing to a record full-year net sales of $3.04 billion. The company's diluted EPS for the quarter was $1.91, up 26% year-over-year, and a full-year diluted EPS of $7.40, up 34% from 2022. Strong demand in key end markets and effective management of operating performance drove the company's success.
Allison Transmission reported record fourth-quarter net sales of $775 million, an 8% increase year over year.
Full-year net sales reached a record $3.04 billion.
Fourth-quarter diluted EPS was $1.91, up 26% year over year.
Full-year diluted EPS increased by 34% to a record $7.40.
Revenue by Segment
Forward Guidance
Allison expects 2024 Net Sales in the range of $3,050 to $3,150 million, Net Income in the range of $635 to $685 million, Adjusted EBITDA in the range of $1,070 to $1,130 million, Net Cash Provided by Operating Activities in the range of $700 to $760 million, Capital Expenditures in the range of $125 to $135 million, and Adjusted Free Cash Flow in the range of $575 to $625 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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