
Oshkosh Corporation
NYSE•OSK
CEO: Mr. John C. Pfeifer
Sector: Industrials
Industry: Agricultural - Machinery
Listing Date: 1985-10-02
Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts. The Defense segment engages in the manufacture and sale of heavy, medium, and light tactical wheeled vehicles and related services for department of defense. Its Vocational segment offers custom and commercial firefighting equipment, fire apparatus, and emergency vehicles, including pumpers, aerial platform, ladder and tiller trucks, and tankers; light, medium, and heavy-duty rescue vehicles; and wildland rough terrain response, bomb squad, hazardous materials control vehicles, mobile command and control centers, and other emergency response vehicles. Additionally, this segment produces and sells custom and commercial firefighting vehicles, as well as command vehicles, ARFF vehicles; design and manufacture refuse collection vehicles for waste services industry; front discharge concrete mixers for the concrete ready-mix industry; and field service vehicles and truck-mounted cranes for construction, equipment dealer, building supply, utility, tire service, railroad, and mining industries. Further, the company provides its products through direct sales representatives, dealers, and distributors. Oshkosh Corporation was formerly known as Oshkosh Truck Corporation. The company was founded in 1917 and is headquartered in Oshkosh, Wisconsin.
Contact Information
Market Cap
$8.47B
P/E (TTM)
12.6
28.4
Dividend Yield
1.6%
52W High
$144.30
52W Low
$76.82
52W Range
Rank41Top 33.6%
4.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$2.69B-1.93%
4-Quarter Trend
EPS
$3.06+11.27%
4-Quarter Trend
FCF
$464.30M+70.57%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Q3 EPS Rises Diluted EPS $3.04 in Q3 2025, up from $2.75 in Q3 2024, aided by $21.5M tax benefit.
Operating Cash Flow Reverses Operating activities provided $183.3M cash for 9M 2025, reversing $240.7M usage in 9M 2024.
Vocational Segment Sales Growth Vocational segment sales increased 18.9% in Q3 2025 to $968.0M, driven by volume and pricing improvements.
Strong Liquidity Position Maintained Revolving Credit Facility available capacity remains strong at $1.41B as of September 30, 2025.
Risk Factors
Access Sales Volume Decline Access segment net sales fell 18.6% in Q3 2025 to $1.11B, reflecting lower demand and contract expiration.
Total Backlog Decreases Total backlog dropped 4.4% to $13.7B by September 30, 2025, driven by Access segment weakness.
Dynamic International Trade Risks Expanding tariffs on steel, aluminum, and truck chassis create economic uncertainties impacting customer spending decisions.
Goodwill Impairment Recorded $5.7M goodwill impairment charge recorded in 9M 2025, following $38.7M charge recorded in 9M 2024.
Outlook
2025 Guidance Lowered 2025 diluted EPS guidance lowered to $9.75–$10.25 range, reflecting lower projected sales volume expectations.
Capital Spending Moderated 2025 capital expenditures expected to be $200M, down from $250M previously expected, due to spending controls.
Long-Term Backlog Visibility Approximately 84% of September 30, 2025 backlog is not expected to be filled during the remainder of 2025.
Share Repurchase Plans Plans to modestly increase Common Stock repurchases in Q4 2025 versus Q3 2025 repurchase activity.
Peer Comparison
Revenue (TTM)
AAL$54.29B
OSK$10.33B
AGCO$10.05B
Gross Margin (Latest Quarter)
62.0%
WTS48.8%
42.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DCI | $10.92B | 28.6 | 25.6% | 22.3% |
| SPXC | $9.77B | 44.9 | 13.7% | 14.5% |
| AOS | $9.57B | 17.8 | 28.6% | 7.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.1%
Moderate Growth
4Q Net Income CAGR
8.6%
Profitability Improving
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 29, 2025|Revenue: $2.69B-1.9%|EPS: $3.06+11.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $2.73B-4.0%|EPS: $3.17+23.3%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 30, 2025|Revenue: $2.31B-9.1%|EPS: $1.73-36.6%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 20, 2025|Revenue: $10.73B+11.1%|EPS: $10.39+13.6%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 30, 2024|Revenue: $2.74B+9.2%|EPS: $2.75-2.1%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 31, 2024|Revenue: $2.85B+18.0%|EPS: $2.57-4.1%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 25, 2024|Revenue: $2.54B+12.2%|EPS: $2.73+102.2%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 29, 2024|Revenue: $9.65B+16.6%|EPS: $9.15+245.3%Miss