Oshkosh Corp (OSK)

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Vocational, and Transport segment. The Access segment designs and manufactures aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides financing and leasing solutions, including rental fleet loans, leases, and floor plan and retail financing. This segment also offers equipment installation and sale of chassis and service parts, as well as offers parts and accessories. The Transport segment engages in the manufacture and sale of heavy, medium, and light tactical wheeled vehicles and related services for defense; and hauling combat vehicles, missile systems, ammunition, fuel, and troops and cargos. The 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 other emergency response vehicles. This segment also produces and sells aircraft rescue and firefighting vehicles; airport ground support equipment; baggage, airport facility and operations, and equipment-monitoring technology services; refuse and recycling collection vehicles and components; and IMT-branded field service vehicles and truck-mounted cranes, frontline communications-branded simulators, command vehicles and other communication vehicles, and front-discharge concrete mixer vehicles. The company sells its products through direct sales representatives, dealers, and distributors. The company was formerly known as Oshkosh Truck Corporation. Oshkosh Corporation was founded in 1915 and is headquartered in Oshkosh, Wisconsin.

Symbol
OSK
Exchange
NYSE
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Market cap
$8.63B
52 week range
116.77 - 180.49

Valuation

Share price
$135.49 (close of 2026-09-23)
P/E (TTM)
15.33x
Price to book
1.93x
Price to free cash flow
9.99x
Enterprise value
$9.52B
Book value per share
$71.45

Price performance

PeriodChange
1 day-5.50%
5 days-5.36%
1 month-13.75%
3 months-2.89%
6 months-6.47%
Year to date+7.85%
1 year+3.00%
3 years+41.91%
5 years+28.68%
10 years+166.30%
All time+4756.27%

Profitability and growth

Return on equity
14.28%
Return on invested capital
14.52%
Return on assets
6.42%
Return on capital employed
12.68%
Gross margin
17.45%
Net margin
6.21%
EBITDA margin
11.16%
Revenue growth
-2.87%
Net income growth
-5.05%
Free cash flow growth
129.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
10.01%
Current ratio
1.63x
Net debt to EBITDA
0.82x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$10.42B
Cost of revenue
$8.60B
Gross profit
$1.82B
EBITDA
$1.16B
Net income
$647.00M
Earnings per share
$10.08
Research and development
$173.70M
Interest expense
$117.60M
Shares outstanding
64.18M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$10.42B$1.82B$647.00M$10.08
2024-12-31$10.73B$1.97B$681.40M$10.41
2023-12-31$9.66B$1.68B$598.00M$9.15
2022-12-31$8.28B$1.05B$173.90M$2.65
2021-09-30$7.74B$1.27B$508.90M$7.43
2020-09-30$6.86B$1.12B$321.50M$4.72
2019-09-30$8.38B$1.52B$579.40M$8.30
2018-09-30$7.71B$1.36B$471.90M$6.38
2017-09-30$6.83B$1.18B$285.60M$3.82
2016-09-30$6.28B$1.06B$216.40M$2.94

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3117.45%6.21%14.28%14.52%
2024-12-3118.35%6.35%16.41%16.31%
2023-12-3117.40%6.19%16.14%14.88%
2022-12-3112.73%2.10%5.46%9.21%
2021-09-3016.39%6.58%15.16%18.38%
2020-09-3016.28%4.69%10.99%11.20%
2019-09-3018.10%6.91%22.29%21.06%
2018-09-3017.63%6.12%18.77%18.50%
2017-09-3017.29%4.18%12.38%12.75%
2016-09-3016.81%3.45%10.95%10.86%

Cash and debt by year

Period endCashDebt
2025-12-31$479.80M$1.10B
2024-12-31$204.90M$599.50M
2023-12-31$125.40M$597.50M
2022-12-31$805.90M$595.00M
2021-09-30$1.38B$818.80M
2020-09-30$582.90M$817.90M
2019-09-30$448.40M$819.00M
2018-09-30$454.60M$818.00M
2017-09-30$447.00M$807.90M
2016-09-30$321.90M$826.20M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$618.00M$38.00M
2024-12-31$269.10M$38.10M
2023-12-31$274.30M$31.90M
2022-12-31$331.80M$28.60M
2021-09-30$1.12B$27.20M
2020-09-30$215.00M$29.30M
2019-09-30$420.70M$29.00M
2018-09-30$341.00M$26.70M
2017-09-30$160.70M$22.40M
2016-09-30$491.40M$18.70M

Dividend history

Most recent payment
2026-08-13
Paid in the last twelve months
$2.22
Payment dateDividend per share
2026-08-13$0.57
2026-05-26$0.57
2026-02-17$0.57
2025-11-17$0.51
2025-08-19$0.51
2025-05-16$0.51
2025-02-14$0.51
2024-11-15$0.46

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$3.14

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-28Jun/2026$2.60
2026-05-08--
2026-01-29--
2025-10-29--
2025-08-01--
2025-04-30--
2025-01-30--
2024-10-30--

Filings and sources

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

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