OSK FY 2019 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2019 Earnings

Reported November 19, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$8.4B	—	$7.7B	—	8.8%
Op. Income	$797M	—	$656M	—	21.5%
Gross Margin	18.1%	—	17.6%	—	0.5pp
Net Margin	6.9%	—	6.1%	—	0.8pp
EPS (Diluted)	$8.21	—	$6.29	—	30.5%
Free Cash Flow	$394M	—	$336M	—	17.2%

Revenue Flow

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$6.9B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$684M
Other Expenses	$37M
Operating Expenses	$720M
Cost & Expenses	$7.6B
OPERATING INCOME	$797M
Interest Income	$7M
Interest Expense	$54M
Other Income/Expenses	-$46M
INCOME BEFORE TAX	$751M
Income Tax Expense	$171M
Net Income from Continuing Ops	$579M
Net Income from Discontinued Ops	$0
NET INCOME	$579M
BOTTOM LINE NET INCOME	$579M
D&A	$115M
EBIT	$805M
EBITDA	$920M
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$6.9B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$684M
Other Expenses	$37M
Operating Expenses	$720M
Cost & Expenses	$7.6B
OPERATING INCOME	$797M
Interest Income	$7M
Interest Expense	$54M
Other Income/Expenses	-$46M
INCOME BEFORE TAX	$751M
Income Tax Expense	$171M
Net Income from Continuing Ops	$579M
Net Income from Discontinued Ops	$0
NET INCOME	$579M
BOTTOM LINE NET INCOME	$579M
D&A	$115M
EBIT	$805M
EBITDA	$920M
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$579M
Depreciation & Amortization	$115M
Stock-Based Compensation	$29M
Deferred Income Tax	$10M
Other Non-Cash Items	-$2M
Change in Working Capital	-$164M
OPERATING CASH FLOW	$568M
Capital Expenditure	-$174M
Acquisitions (Net)	$500.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$21M
NET CASH FROM INVESTING	-$153M
Common Stock Repurchased	-$357M
Common Dividends Paid	-$76M
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$422M
FREE CASH FLOW	$394M
Net Change in Cash	-$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$448M
Short-Term Investments	$0
Net Receivables	$1.6B
Inventory	$1.2B
Other Current Assets	$79M
TOTAL CURRENT ASSETS	$3.4B
PP&E (Net)	$574M
Goodwill	$996M
Intangible Assets	$432M
Long-Term Investments	$31M
Tax Assets	$108M
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$2.2B
TOTAL ASSETS	$5.6B
Account Payables	$796M
Short-Term Debt	$0
Deferred Revenue	$382M
Other Current Liabilities	$307M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$819M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$406M
TOTAL NON-CURRENT LIABILITIES	$1.2B
TOTAL LIABILITIES	$3.0B
Common Stock	$700.0K
Additional Paid-In Capital	$809M
Retained Earnings	$2.5B
Treasury Stock	-$513M
Accum. Other Comp. Income	-$202M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$0
TOTAL EQUITY	$2.6B
TOTAL LIABILITIES & EQUITY	$5.6B
Total Debt	$819M
Net Debt	$371M