OSK FY 2022 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2022 Earnings

Reported February 21, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$8.3B	—	$7.7B	—	7.0%
Op. Income	$372M	—	$592M	—	-37.1%
Gross Margin	12.7%	—	16.4%	—	-3.7pp
Net Margin	2.1%	—	6.6%	—	-4.5pp
EPS (Diluted)	$2.63	—	$7.35	—	-64.2%
Free Cash Flow	$332M	—	$1.1B	—	-70.0%

Revenue Flow

Item	Amount
REVENUE	$8.3B
Cost of Revenue	$7.2B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$663M
Other Expenses	$19M
Operating Expenses	$682M
Cost & Expenses	$7.9B
OPERATING INCOME	$372M
Interest Income	$10M
Interest Expense	$53M
Other Income/Expenses	-$101M
INCOME BEFORE TAX	$271M
Income Tax Expense	$98M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$174M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$174M
D&A	$108M
EBIT	$329M
EBITDA	$437M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$8.3B
Cost of Revenue	$7.2B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$663M
Other Expenses	$19M
Operating Expenses	$682M
Cost & Expenses	$7.9B
OPERATING INCOME	$372M
Interest Income	$10M
Interest Expense	$53M
Other Income/Expenses	-$101M
INCOME BEFORE TAX	$271M
Income Tax Expense	$98M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$174M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$174M
D&A	$108M
EBIT	$329M
EBITDA	$437M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$174M
Depreciation & Amortization	$108M
Stock-Based Compensation	$29M
Deferred Income Tax	-$54M
Other Non-Cash Items	$28M
Change in Working Capital	$317M
OPERATING CASH FLOW	$601M
Capital Expenditure	-$270M
Acquisitions (Net)	-$20M
Purchases of Investments	-$17M
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$300M
Net Debt Issuance	-$217M
Common Stock Repurchased	-$155M
Common Dividends Paid	-$97M
Other Financing Activities	-$19M
NET CASH FROM FINANCING	-$485M
FREE CASH FLOW	$332M
Net Change in Cash	-$190M

Balance Sheet

Item	Amount
Cash & Equivalents	$806M
Short-Term Investments	$0
Net Receivables	$1.8B
Inventory	$1.9B
Other Current Assets	$91M
TOTAL CURRENT ASSETS	$4.5B
PP&E (Net)	$1.1B
Goodwill	$1.0B
Intangible Assets	$457M
Long-Term Investments	$63M
Tax Assets	$135M
Other Non-Current Assets	$437M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$7.7B
Account Payables	$1.1B
Short-Term Debt	$10M
Deferred Revenue	$697M
Other Current Liabilities	$373M
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$595M
Deferred Revenue NC	$1.0B
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$499M
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$4.5B
Common Stock	$700.0K
Additional Paid-In Capital	$806M
Retained Earnings	$3.3B
Treasury Stock	-$844M
Accum. Other Comp. Income	-$92M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$605M
Net Debt	-$201M