Allison Transmission Holdings (ALSN) FY2021 results: revenue $2.4 billion, up 15.4% on the year
Allison Transmission Holdings Inc. (ALSN) reported revenue of $2.4 billion for fiscal 2021, the year ended 31 December 2021, up 15.4% on the year before. Net income was $442 million, up 47.8%, and diluted earnings per share $4.13. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$2.4 billion
+15.4% on the year
FY2014FY2021
Operating margin
27.9%
25.7% a year earlier
FY2014FY2021
Net income
$442 million
+47.8% on the year
FY2014FY2021
Diluted EPS
$4.13
+57.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
635
561
847
+13.2%
Capital expenditure
175
115
172
+52.2%
Free cash flow
460
446
675
+3.1%
Free cash flow margin
19.2%
21.4%
25.0%
Cash from investing
-212
-111
-405
Cash from financing
-604
-335
-480
Depreciation and amortisation
150
148
167
+1.4%
Share-based compensation
14.0
17.0
13.0
-17.6%
Buybacks
513
225
393
+128.0%
Dividends paid
81.0
78.0
73.0
+3.8%
Diluted shares, weighted
107m
114m
123m
-6.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
634
756
781
-16.1%
Debt
2,531
2,538
2,544
-0.3%
Operating lease liabilities
13.0
17.0
18.0
-23.5%
Other liabilities
1,279
1,166
1,107
+9.7%
Total liabilities and equity
4,457
4,477
4,450
-0.4%
Fixed assets
706
638
616
+10.7%
Goodwill
2,064
2,064
2,041
0.0%
Intangible assets
917
963
1,042
-4.8%
Investments
46.0
0.0
n/a
Cash and equivalents
127
310
192
-59.0%
Receivables
301
228
253
+32.0%
Inventory
204
181
199
+12.7%
Other assets
92.0
93.0
107
-1.1%
Total assets
4,457
4,477
4,450
-0.4%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.