OSK FY 2016 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2016 Earnings

Reported November 22, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$6.3B	—	$6.1B	—	3.0%
Op. Income	$364M	—	$399M	—	-8.7%
Gross Margin	16.8%	—	17.0%	—	-0.2pp
Net Margin	3.4%	—	3.8%	—	-0.3pp
EPS (Diluted)	$2.91	—	$2.90	—	0.3%
Free Cash Flow	$457M	—	-$67M	—	785.6%

Revenue Flow

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$5.2B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$612M
Other Expenses	$79M
Operating Expenses	$692M
Cost & Expenses	$5.9B
OPERATING INCOME	$364M
Interest Income	$2M
Interest Expense	$60M
Other Income/Expenses	-$55M
INCOME BEFORE TAX	$309M
Income Tax Expense	$92M
Net Income from Continuing Ops	$216M
Net Income from Discontinued Ops	$0
NET INCOME	$216M
BOTTOM LINE NET INCOME	$216M
D&A	$129M
EBIT	$367M
EBITDA	$496M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$6.3B
Cost of Revenue	$5.2B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$612M
Other Expenses	$79M
Operating Expenses	$692M
Cost & Expenses	$5.9B
OPERATING INCOME	$364M
Interest Income	$2M
Interest Expense	$60M
Other Income/Expenses	-$55M
INCOME BEFORE TAX	$309M
Income Tax Expense	$92M
Net Income from Continuing Ops	$216M
Net Income from Discontinued Ops	$0
NET INCOME	$216M
BOTTOM LINE NET INCOME	$216M
D&A	$129M
EBIT	$367M
EBITDA	$496M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$216M
Depreciation & Amortization	$129M
Stock-Based Compensation	$19M
Deferred Income Tax	-$17M
Other Non-Cash Items	$7M
Change in Working Capital	$224M
OPERATING CASH FLOW	$578M
Capital Expenditure	-$127M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$38M
NET CASH FROM INVESTING	-$89M
Net Debt Issuance	-$84M
Common Stock Repurchased	-$100M
Common Dividends Paid	-$56M
Other Financing Activities	$24M
NET CASH FROM FINANCING	-$216M
FREE CASH FLOW	$457M
Net Change in Cash	$279M

Balance Sheet

Item	Amount
Cash & Equivalents	$322M
Short-Term Investments	$0
Net Receivables	$1.0B
Inventory	$980M
Other Current Assets	$94M
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$452M
Goodwill	$1.0B
Intangible Assets	$554M
Long-Term Investments	$35M
Tax Assets	$8M
Other Non-Current Assets	$43M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$4.5B
Account Payables	$466M
Short-Term Debt	$20M
Deferred Revenue	$472M
Other Current Liabilities	$262M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$826M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$11M
Other Non-Current Liabilities	$332M
TOTAL NON-CURRENT LIABILITIES	$1.2B
TOTAL LIABILITIES	$2.5B
Common Stock	$900.0K
Additional Paid-In Capital	$782M
Retained Earnings	$2.2B
Treasury Stock	-$809M
Accum. Other Comp. Income	-$175M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.0B
Minority Interest	$0
TOTAL EQUITY	$2.0B
TOTAL LIABILITIES & EQUITY	$4.5B
Total Debt	$846M
Net Debt	$524M