OSK FY 2017 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2017 Earnings

Reported November 21, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$6.8B	—	$6.3B	—	8.8%
Op. Income	$470M	—	$364M	—	29.2%
Gross Margin	17.3%	—	16.8%	—	0.5pp
Net Margin	4.2%	—	3.4%	—	0.7pp
EPS (Diluted)	$3.77	—	$2.91	—	29.6%
Free Cash Flow	$133M	—	$457M	—	-70.8%

Revenue Flow

Item	Amount
REVENUE	$6.8B
Cost of Revenue	$5.6B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$665M
Other Expenses	$46M
Operating Expenses	$711M
Cost & Expenses	$6.4B
OPERATING INCOME	$470M
Interest Income	$5M
Interest Expense	$60M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$413M
Income Tax Expense	$127M
Net Income from Continuing Ops	$286M
Net Income from Discontinued Ops	$0
NET INCOME	$286M
BOTTOM LINE NET INCOME	$286M
D&A	$130M
EBIT	$471M
EBITDA	$601M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$6.8B
Cost of Revenue	$5.6B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$665M
Other Expenses	$46M
Operating Expenses	$711M
Cost & Expenses	$6.4B
OPERATING INCOME	$470M
Interest Income	$5M
Interest Expense	$60M
Other Income/Expenses	-$58M
INCOME BEFORE TAX	$413M
Income Tax Expense	$127M
Net Income from Continuing Ops	$286M
Net Income from Discontinued Ops	$0
NET INCOME	$286M
BOTTOM LINE NET INCOME	$286M
D&A	$130M
EBIT	$471M
EBITDA	$601M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$286M
Depreciation & Amortization	$130M
Stock-Based Compensation	$22M
Deferred Income Tax	$8M
Other Non-Cash Items	-$5M
Change in Working Capital	-$195M
OPERATING CASH FLOW	$247M
Capital Expenditure	-$113M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$48M
NET CASH FROM INVESTING	-$65M
Net Debt Issuance	-$17M
Common Stock Repurchased	-$5M
Common Dividends Paid	-$63M
Other Financing Activities	$40M
NET CASH FROM FINANCING	-$45M
FREE CASH FLOW	$133M
Net Change in Cash	$125M

Balance Sheet

Item	Amount
Cash & Equivalents	$447M
Short-Term Investments	$0
Net Receivables	$1.3B
Inventory	$1.2B
Other Current Assets	$88M
TOTAL CURRENT ASSETS	$3.0B
PP&E (Net)	$470M
Goodwill	$1.0B
Intangible Assets	$508M
Long-Term Investments	$36M
Tax Assets	$4M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$5.1B
Account Payables	$651M
Short-Term Debt	$23M
Deferred Revenue	$513M
Other Current Liabilities	$304M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$808M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$301M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$2.8B
Common Stock	$900.0K
Additional Paid-In Capital	$802M
Retained Earnings	$2.4B
Treasury Stock	-$771M
Accum. Other Comp. Income	-$125M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$0
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$5.1B
Total Debt	$831M
Net Debt	$384M