Recent Updates — ALSN
Allison Transmission Holdings reported second quarter 2026 net sales of $1,566 million, a 92% year-over-year increase driven by the January 1 acquisition of the Allison Off-Highway business unit. The company achieved record quarterly net sales of $860 million for its legacy Allison Transmission segment and reported diluted EPS of $2.15, with adjusted diluted EPS of $2.73, up 8% year-over-year. Adjusted EBITDA reached $404 million, representing a 26% margin. Management raised full-year 2026 consolidated net sales guidance to $5,800–$6,000 million and adjusted EBITDA guidance to $1,465–$1,575 million. During the quarter, the company paid a quarterly dividend of $0.29 per share, repurchased $46 million in common stock, and repaid the remaining $150 million on its revolving credit facility. Allison Transmission Holdings manufactures high-performance mobility and work solutions for industrial sectors including defense, mining, construction, and agriculture.
On June 11, 2026, Allison Transmission Holdings, Inc. entered into an amendment to its credit agreement to refinance approximately $508 million of term loan debt due in 2031. The amendment, involving Citibank, N.A. as administrative agent, lowered the interest rate margin on the refinanced loans by 0.25%, resulting in an interest rate margin of either 1.50% per annum for SOFR Loans or 0.50% per annum for Base Rate Loans. Allison Transmission Holdings, Inc. operates in the automotive industry, manufacturing and providing transmission and power train components for commercial vehicles.