Allison Transmission (ALSN) financial statements

Consumer Cyclical · Auto Parts · Market cap $8.7B

Allison Transmission reported revenue of $3.0B in fiscal 2025, up 5.6% a year over 9 years.

Net income was $623M and the operating margin 29.2%, against 24.6% in 2016.

Free cash flow was $661M, and the company returned $91M in dividends and $328M in net buybacks.

The diluted share count fell 50% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

012342016201720182019202020212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, from Allison Transmission's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue$1.8B$2.3B$2.7B$2.7B$2.1B$2.4B$2.8B$3.0B$3.2B$3.0B
Cost of revenue$976M$1.1B$1.3B$1.3B$1.1B$1.3B$1.5B$1.6B$1.7B$1.5B
Gross profit$864M$1.1B$1.4B$1.4B$998M$1.1B$1.3B$1.5B$1.5B$1.5B
Research and development$88M$105M$131M$154M$147M$171M$185M$194M$200M$174M
Selling, general and admin$324M$342M$368M$356M$317M$305M$328M$357M$336M$380M
Operating income$452M$652M$923M$892M$534M$669M$784M$919M$992M$880M
Pre-tax income$341M$527M$805M$768M$393M$572M$645M$827M$897M$804M
Income tax$126M$23M$166M$164M$94M$130M$114M$154M$166M$181M
Net income$215M$504M$639M$604M$299M$442M$531M$673M$731M$623M
EPS (diluted)$1.27$3.36$4.78$4.91$2.62$4.13$5.53$7.40$8.31$7.33
Diluted shares169M150M134M123M114M107M96M91M88M85M
Gross margin47.0%50.0%52.4%51.7%48.0%47.7%46.8%48.4%47.4%48.6%
Operating margin24.6%28.8%34.0%33.1%25.7%27.9%28.3%30.3%30.8%29.2%
Net margin11.7%22.3%23.6%22.4%14.4%18.4%19.2%22.2%22.7%20.7%

Balance sheet

Fiscal years, from Allison Transmission's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments$205M$199M$231M$192M$310M$127M$232M$555M$781M$1.5B
Receivables$197M$221M$279M$253M$228M$301M$363M$356M$360M$333M
Inventory$126M$154M$170M$199M$181M$204M$224M$276M$315M$316M
Total current assets$548M$632M$725M$686M$756M$671M$866M$1.2B$1.5B$2.2B
Property, plant and equipment$464M$448M$466M$616M$638M$706M$763M$774M$803M$862M
Goodwill$1.9B$1.9B$1.9B$2.0B$2.1B$2.1B$2.1B$2.1B$2.1B$2.1B
Total assets$4.2B$4.2B$4.2B$4.5B$4.5B$4.5B$4.7B$5.0B$5.3B$6.1B
Total current liabilities$342M$417M$426M$417M$373M$459M$480M$501M$506M$460M
Long-term debt$2.1B$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B$2.4B$2.9B
Total liabilities$3.1B$3.5B$3.6B$3.7B$3.7B$3.8B$3.8B$3.8B$3.7B$4.2B
Shareholders' equity$1.1B$689M$659M$781M$756M$634M$874M$1.2B$1.7B$1.9B
Net debt$2.0B$2.3B$2.3B$2.3B$2.2B$2.4B$2.3B$1.9B$1.6B$1.4B

Cash flow

Fiscal years, from Allison Transmission's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow$591M$658M$837M$847M$561M$635M$657M$784M$801M$836M
Capital spending$71M$91M$100M$172M$115M$175M$167M$125M$143M$175M
Free cash flow$520M$567M$737M$675M$446M$460M$490M$659M$658M$661M
Stock-based compensation$9M$12M$13M$13M$17M$14M$18M$22M$26M$27M
Dividends paid$100M$89M$80M$73M$78M$81M$80M$83M$87M$91M
Share buybacks (net)-$256M-$885M-$609M-$393M-$225M-$513M-$278M-$263M-$254M-$328M
Net borrowing$1.0B$400M$0————$0$0$500M
Free cash flow margin28.3%25.1%27.2%25.0%21.4%19.2%17.7%21.7%20.4%22.0%
Dividends per share$0.59$0.59$0.60$0.59$0.68$0.76$0.83$0.91$0.99$1.07
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Questions

What was Allison Transmission's revenue in 2025?

$3.0B in fiscal 2025, from its 10-K filing.

How much free cash flow does Allison Transmission generate?

$661M in fiscal 2025 (operating cash flow minus capital spending).

From Allison Transmission's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.