Allison Transmission Holdings Inc (ALSN)

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction of off-highway vehicles and equipment; and wheeled and tracked defense vehicles. The company also provides its transmissions and electric propulsion solutions under the Allison Transmission brand name; and remanufactured transmissions under the ReTran brand name. In addition, it sells branded replacement parts, support equipment, aluminum die cast components, and other products necessary to service the installed base of vehicles utilizing its solutions, as well as defense kits, engineering services, and extended transmission coverage services to various original equipment manufacturers, distributors, and the U.S. government. The company was formerly known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana.

Symbol
ALSN
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Auto Parts
Market cap
$9.51B
52 week range
76.01 - 137.62

Valuation

Share price
$114.59 (close of 2026-09-23)
P/E (TTM)
17.99x
Price to book
4.81x
Price to free cash flow
12.90x
Enterprise value
$13.23B
Book value per share
$23.84

Price performance

PeriodChange
1 day-3.59%
5 days-6.38%
1 month-13.99%
3 months-2.06%
6 months-0.06%
Year to date+17.05%
1 year+31.14%
3 years+93.83%
5 years+219.46%
10 years+312.94%
All time+389.70%

Profitability and growth

Return on equity
33.37%
Return on invested capital
21.43%
Return on assets
10.24%
Return on capital employed
15.65%
Gross margin
48.60%
Net margin
20.70%
EBITDA margin
33.12%
Revenue growth
-6.67%
Net income growth
-14.77%
Free cash flow growth
0.46%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.75%
Current ratio
1.81x
Net debt to EBITDA
3.43x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.01B
Cost of revenue
$1.55B
Gross profit
$1.46B
EBITDA
$997.00M
Net income
$623.00M
Earnings per share
$7.42
Research and development
$174.00M
Shares outstanding
84.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.01B$1.46B$623.00M$7.42
2024-12-31$3.23B$1.53B$731.00M$8.40
2023-12-31$3.04B$1.47B$673.00M$7.48
2022-12-31$2.77B$1.30B$531.00M$5.53
2021-12-31$2.40B$1.15B$442.00M$4.13
2020-12-31$2.08B$998.00M$299.00M$2.62
2019-12-31$2.70B$1.39B$604.00M$4.95
2018-12-31$2.71B$1.42B$639.00M$4.81
2017-12-31$2.26B$1.13B$504.00M$3.38
2016-12-31$1.84B$864.00M$215.00M$1.28

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3148.60%20.70%33.37%21.43%
2024-12-3147.41%22.67%44.28%25.26%
2023-12-3148.43%22.17%54.58%24.02%
2022-12-3146.84%19.18%60.76%21.25%
2021-12-3147.67%18.40%69.72%17.77%
2020-12-3147.96%14.37%39.55%14.77%
2019-12-3151.67%22.39%77.34%23.26%
2018-12-3152.41%23.55%96.97%25.54%
2017-12-3150.00%22.28%73.15%20.72%
2016-12-3146.96%11.68%19.89%10.74%

Cash and debt by year

Period endCashDebt
2025-12-31$1.50B$2.88B
2024-12-31$781.00M$2.40B
2023-12-31$555.00M$2.50B
2022-12-31$232.00M$2.50B
2021-12-31$127.00M$2.50B
2020-12-31$310.00M$2.51B
2019-12-31$192.00M$2.51B
2018-12-31$231.00M$2.52B
2017-12-31$199.00M$2.53B
2016-12-31$205.00M$2.15B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$661.00M$27.00M
2024-12-31$658.00M$26.00M
2023-12-31$659.00M$22.00M
2022-12-31$490.00M$18.00M
2021-12-31$460.00M$14.00M
2020-12-31$446.00M$17.00M
2019-12-31$675.00M$13.00M
2018-12-31$737.00M$13.00M
2017-12-31$567.00M$12.00M
2016-12-31$520.00M$9.00M

Dividend history

Most recent payment
2026-08-21
Paid in the last twelve months
$1.14
Payment dateDividend per share
2026-08-21$0.29
2026-05-18$0.29
2026-03-09$0.29
2025-11-21$0.27
2025-08-20$0.27
2025-05-19$0.27
2025-03-03$0.27
2024-11-18$0.25

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.42

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-03Jun/2026$2.60
2026-05-04--
2026-02-23--
2026-02-10--
2025-10-29--
2025-08-04--
2025-07-23--
2025-05-01--

Filings and sources

Company website
allisontransmission.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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