earnings
confidence high
sentiment positive
materiality 0.75
Allison Transmission reports record FY2023 net sales of $3.04B; diluted EPS $7.40, up 34% YoY
Allison Transmission Holdings Inc
2023-FY EPS reported
$7.40
revenue$3,035,000,000
- Record Q4 net sales $775M (+8% YoY); Q4 diluted EPS $1.91 (+26% YoY).
- Full year net sales $3,035M (+10% YoY); net income $673M; Adjusted EBITDA $1,108M.
- North America On-Highway net sales up 13% YoY; Service Parts segment record $696M (+18%).
- Repurchased over $260M of common stock (~6% of shares); dividend increased 4th consecutive year.
- Management guides to another record revenue year in 2024 at midpoint.