JLG Revenue Leaps 27.2 Percent in Fiscal Fourth Quarter

JLG Industries, the access equipment segment of Oshkosh Corp. posted $1.06 billion in fiscal fourth quarter revenue compared to $833.8 million for the fiscal fourth quarter of 2017, a 27.2-percent increase.
Nov. 3, 2018
2 min read

JLG Industries, the access equipment segment of Oshkosh Corp. posted $1.06 billion in fiscal fourth quarter revenue compared to $833.8 million for the fiscal fourth quarter of 2017, a 27.2-percent increase. For the full fiscal year, access equipment sales totaled $3.777 billion compared to $3.026 billion in fiscal 2017, a 24.8-percent leap.

JLG posted $284.3 million in fiscal fourth quarter aerial work platform sales, compared to $204 million in fiscal Q417, a 39.3-percent hike. Telehandler sales totaled $220.6 million for the quarter, compared to $186.4 million a year ago, an 18.3-percent rise.

For the full fiscal year, AWP revenues totaled $2.017 billion compared to $1.63 billion in the previous year, a 23.8-percent climb. Telehandlers totaled $948.9 million for the fiscal year compared to $661.8 million a year ago, a 43.4-percent jump.

Oshkosh Corp. as a whole recorded fourth quarter net income of $151.3 million or $2.05 per diluted share compared to $93.5 million or $1.23 per diluted share for the fiscal fourth quarter of 2017. The company posted net sales of $2.057 billion in the fiscal fourth quarter compared to $1.963 billion a year ago, a 4.7-percent increase. For the full year, Oshkosh Corp. reported $7.705 billion compared to $6.83 billion a year ago, a 12.8-percent jump.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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