OSK FY 2020 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2020 Earnings

Reported January 27, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$6.9B	—	$8.4B	—	-18.2%
Op. Income	$485M	—	$797M	—	-39.2%
Gross Margin	16.3%	—	18.1%	—	-1.8pp
Net Margin	4.7%	—	6.9%	—	-2.2pp
EPS (Diluted)	$4.72	—	$8.21	—	-42.5%
Free Cash Flow	$197M	—	$394M	—	-50.0%

Revenue Flow

Item	Amount
REVENUE	$6.9B
Cost of Revenue	$5.7B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$621M
Other Expenses	$11M
Operating Expenses	$632M
Cost & Expenses	$6.4B
OPERATING INCOME	$485M
Interest Income	$8M
Interest Expense	$59M
Other Income/Expenses	-$51M
INCOME BEFORE TAX	$433M
Income Tax Expense	$112M
Net Income from Continuing Ops	$322M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$322M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$322M
D&A	$104M
EBIT	$495M
EBITDA	$599M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$6.9B
Cost of Revenue	$5.7B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$621M
Other Expenses	$11M
Operating Expenses	$632M
Cost & Expenses	$6.4B
OPERATING INCOME	$485M
Interest Income	$8M
Interest Expense	$59M
Other Income/Expenses	-$51M
INCOME BEFORE TAX	$433M
Income Tax Expense	$112M
Net Income from Continuing Ops	$322M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$322M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$322M
D&A	$104M
EBIT	$495M
EBITDA	$599M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$322M
Depreciation & Amortization	$104M
Stock-Based Compensation	$29M
Deferred Income Tax	$22M
Other Non-Cash Items	-$5M
Change in Working Capital	-$145M
OPERATING CASH FLOW	$327M
Capital Expenditure	-$130M
Acquisitions (Net)	-$3M
Purchases of Investments	-$3M
Sales/Maturities of Investments	$0
Other Investing Activities	$58M
NET CASH FROM INVESTING	-$78M
Net Debt Issuance	$4M
Common Stock Repurchased	-$52M
Common Dividends Paid	-$82M
Other Financing Activities	$14M
NET CASH FROM FINANCING	-$116M
FREE CASH FLOW	$197M
Net Change in Cash	$135M

Balance Sheet

Item	Amount
Cash & Equivalents	$583M
Short-Term Investments	$0
Net Receivables	$1.3B
Inventory	$1.5B
Other Current Assets	$106M
TOTAL CURRENT ASSETS	$3.5B
PP&E (Net)	$728M
Goodwill	$1.0B
Intangible Assets	$418M
Long-Term Investments	$31M
Tax Assets	$79M
Other Non-Current Assets	$15M
TOTAL NON-CURRENT ASSETS	$2.3B
TOTAL ASSETS	$5.8B
Account Payables	$578M
Short-Term Debt	$5M
Deferred Revenue	$491M
Other Current Liabilities	$345M
TOTAL CURRENT LIABILITIES	$1.6B
Long-Term Debt	$818M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$562M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$3.0B
Common Stock	$700.0K
Additional Paid-In Capital	$801M
Retained Earnings	$2.7B
Treasury Stock	-$500M
Accum. Other Comp. Income	-$198M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.9B
Minority Interest	$0
TOTAL EQUITY	$2.9B
TOTAL LIABILITIES & EQUITY	$5.8B
Total Debt	$823M
Net Debt	$240M