Allison Transmission

Automotive Manufacturing & Industrial automation engineering components hardware

Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles, and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,700 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide.

Revenue(Q1, 2017)

$499 M

Market capitalization(2017-08-15)

$5.6 B

Company Growth (employees)

Type

Public

Indianapolis, US

Founded

1915

Size (employees)

2,600 (est)

Website

allisontransmission.com

Allison Transmission was founded in 1915 and is headquartered in Indianapolis, US

Allison Transmission Office Locations

Allison Transmission has an office in Indianapolis

Indianapolis, US (HQ)

1 Allison Way

Allison Transmission Data and Metrics

Allison Transmission Financial Metrics

Allison Transmission's revenue was reported to be $499 m in Q1, 2017

Summary

USD

Allison Transmission's current market capitalization is $5.6 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	1.9 b	2.1 b	2 b	1.8 b
Revenue growth, %		10%	(7%)	(7%)
Cost of goods sold	1.1 b	1.2 b	1.1 b	976 m
Gross profit	841.9 m	975.9 m	933.8 m	864.2 m
Gross profit Margin, %	44%	46%	47%	47%
General and administrative expense				323.9 m
Operating expense total				323.9 m
EBIT	409.9 m	512.1 m	428.9 m	451.5 m
EBIT margin, %	21%	24%	22%	25%
Interest expense	133.7 m	139.3 m	115.2 m	101.6 m
Interest income	800 k	900 k	700 k	700 k
Pre tax profit	266.1 m	368.1 m	288.8 m	341.3 m
Income tax expense	100.7 m	139.5 m	106.5 m	126.4 m
Net Income	165.4 m	228.6 m	182.3 m	214.9 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	536.1 m	553.3 m	503.6 m	511 m	493 m	462.1 m	474.9 m	434.3 m	499 m
Cost of goods sold	297.6 m	294 m	264.4 m	274.7 m	256.9 m	247 m	248.2 m	229.6 m	248 m
Gross profit	238.5 m	259.3 m	239.2 m	236.3 m	236.1 m	215.1 m	226.7 m	204.7 m	251 m
Gross profit Margin, %	44%	47%	47%	46%	48%	47%	48%	47%	50%
General and administrative expense	85.1 m	87.5 m	73.4 m	75.6 m	86.6 m	82.6 m	77.8 m	80 m	79 m
Operating expense total	85.1 m	87.5 m	73.4 m	75.6 m	86.6 m	82.6 m	77.8 m	80 m	79 m
EBIT	132.2 m	147.3 m	142.3 m	137.5 m	111.9 m	110.7 m	127.1 m	104 m	149 m
EBIT margin, %	25%	27%	28%	27%	23%	24%	27%	24%	30%
Interest expense	(36.8 m)	(29.6 m)	(37.1 m)	(23.3 m)	(33.8 m)	(34.3 m)	(28 m)	(22.4 m)	(25 m)
Interest income	200 k	300 k	200 k	200 k	100 k	200 k	200 k	200 k
Pre tax profit	94.7 m	116.3 m	108.2 m	87.1 m	73.8 m	76.5 m	99.1 m	71 m	127 m
Income tax expense	(37.5 m)	(47.5 m)	(39.8 m)	(32.7 m)	(27.3 m)	(28.2 m)	(38.3 m)	(26.4 m)	(44 m)
Net Income	57.2 m	68.8 m	68.4 m	54.4 m	46.5 m	48.3 m	60.8 m	44.6 m	83 m

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	184.7 m	263 m	251.6 m	204.7 m
Accounts Receivable				20.5 m
Inventories	160.4 m	143.5 m	141.4 m	125.6 m
Current Assets	606.9 m	758 m	616.8 m	547.6 m
PP&E	563.4 m	514.6 m	479.7 m	464.1 m
Goodwill	1.9 b	1.9 b	1.9 b	1.9 b
Total Assets	4.8 b	4.8 b	4.4 b	4.2 b
Accounts Payable	150.4 m	151.7 m	126.2 m	127.9 m
Total Debt	2.7 b	2.5 b	2.4 b	2.2 b
Current Liabilities	387.2 m	345.9 m	304.6 m	342.2 m
Total Liabilities				3.1 b
Common Stock			1.7 m	1.6 m
Additional Paid-in Capital	1.6 b	1.7 b	1.7 b	1.7 b
Retained Earnings	(173.8 m)	(215.5 m)	(444.5 m)	(586.4 m)
Total Equity	1.4 b	1.4 b	1.2 b	1.1 b
Debt to Equity Ratio	1.9 x	1.8 x	2 x	2 x
Debt to Assets Ratio	0.6 x	0.5 x	0.5 x	0.5 x
Financial Leverage	3.3 x	3.4 x	3.7 x	3.9 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	126.7 m	208.1 m	265.1 m	216.8 m	148.4 m	299.1 m	364.4 m	164.7 m	120 m
Accounts Receivable									250 m
Inventories	169.5 m	161.5 m	160.9 m	155.3 m	155.3 m	142.7 m	150.4 m	155.8 m	144 m
Current Assets	647.5 m	742.9 m	795.3 m	725.5 m	641.8 m	690.3 m	744.1 m	549.9 m	537 m
PP&E	538.2 m	526.7 m	495.6 m	485.4 m	479.1 m	466.3 m	460.1 m	454.6 m	457 m
Goodwill	1.9 b	1.9 b	1.9 b	1.9 b	1.9 b	1.9 b	1.9 b	1.9 b	1.9 b
Total Assets	4.8 b	4.8 b	4.8 b	4.7 b	4.6 b	4.4 b	4.5 b	4.2 b	4.2 b
Accounts Payable	174.4 m	182.9 m	157.1 m	142.4 m	140.9 m	134.1 m	138.6 m	134.6 m	158 m
Current Liabilities	378.3 m	386.8 m	334.2 m	321.8 m	316 m	319.5 m	340.8 m	335.7 m	378 m
Common Stock			1.8 m	1.8 m	1.8 m	1.7 m	1.7 m	1.7 m	2 m
Additional Paid-in Capital	1.6 b	1.6 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b	1.7 b
Retained Earnings	(286.7 m)	(239.1 m)	(212.9 m)	(270.7 m)	(422.4 m)	(455.2 m)	(478.6 m)	(535.7 m)	(941 m)
Total Equity	1.3 b	1.4 b	1.4 b	1.4 b	1.2 b	1.2 b	1.2 b	1.1 b	737 m
Financial Leverage	3.7 x	3.6 x	3.4 x	3.4 x	3.8 x	3.8 x	3.8 x	3.8 x	5.7 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	165.4 m	228.6 m	182.3 m	214.9 m
Accounts Receivable	(9.9 m)		9 m	(3.7 m)
Inventories	(4.4 m)	144 m	(2.2 m)	15.4 m
Accounts Payable	17.6 m	151.7 m	(25.1 m)	1.9 m
Cash From Operating Activities	453.5 m	78.3 m	579.9 m	590.8 m
Cash From Investing Activities	(81.5 m)		(59.7 m)	(71.4 m)
Long-term Borrowings			(116.5 m)	(1.2 b)
Dividends Paid	(77.1 m)		(105.6 m)	(100.6 m)
Cash From Financing Activities	(277.5 m)		(528.7 m)	(564.7 m)
Interest Paid	159.2 m		97.1 m	78.3 m
Income Taxes Paid	3.8 m		5.2 m	12.8 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	57.2 m	68.8 m	68.4 m	54.4 m	46.5 m	48.3 m	60.8 m	44.6 m	83 m
Accounts Receivable									250 m
Inventories	169.5 m	161.5 m	160.9 m	155.3 m	155.3 m	142.7 m	150.4 m	155.8 m	144 m
Accounts Payable	174.4 m	182.9 m	157.1 m	142.4 m	140.9 m	134.1 m	138.6 m	134.6 m	158 m

Ratios

USD	Y, 2017
Revenue/Employee	191.9 k
Financial Leverage	5.7 x

Allison Transmission Market Value History

Market Position of Allison Transmission

Competitors

Clearpath Robotics

Automotive - Private

Conbelts

Manufacturing & Industrial - Private

Nordson Corporation

Manufacturing & Industrial - Public

LoneStar Group

Manufacturing & Industrial - Private

Compare competitors

Allison Transmission

Company Growth (employees)

Allison Transmission Office Locations

Allison Transmission Data and Metrics

Allison Transmission Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (15-Aug-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Interest income

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Common Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Common Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities