Between Oshkosh and Cummins, Which Stock Looks Set to Break Out?
Cummins surged 18% during the past Month. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Oshkosh gives you more. Oshkosh (OSK) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Cummins (CMI) stock, suggesting you may be better off investing in OSK
- OSK’s quarterly revenue growth was 3.5%, vs. CMI’s 1.1%.
- In addition, its Last 3-Year Average revenue growth came in at 8.3%, ahead of CMI’s 6.7%.
- OSK’s 3-year average margin is stronger: 9.2% vs. CMI’s 8.4%.
These differences become even clearer when you look at the financials side by side. The table highlights how CMI’s fundamentals stack up against those of OSK on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| CMI | OSK | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 23.5 | 10.2 | OSK |
| Revenue Growth | |||
| Last Quarter | 1.1% | 3.5% | OSK |
| Last 12 Months | -1.3% | -2.9% | CMI |
| Last 3 Year Average | 6.7% | 8.3% | OSK |
| Operating Margins | |||
| Last 12 Months | 11.5% | 9.1% | CMI |
| Last 3 Year Average | 8.4% | 9.2% | OSK |
| Momentum | |||
| Last 3 Year Return | 202.1% | 105.6% | CMI |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See detailed fundamentals on Buy or Sell OSK Stock and Buy or Sell CMI Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| CMI Return | -2% | 14% | 2% | 49% | 49% | 26% | 219% | <=== | |
| OSK Return | 33% | -20% | 25% | -11% | 34% | 19% | 87% | ||
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 4% | 90% | ||
| Monthly Win Rates [3] | |||||||||
| CMI Win Rate | 58% | 50% | 42% | 67% | 83% | 75% | 63% | <=== | |
| OSK Win Rate | 67% | 42% | 50% | 58% | 50% | 75% | 57% | ||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | 62% | ||
| Max Drawdowns [4] | |||||||||
| CMI Max Drawdown | -7% | -14% | -14% | -4% | -23% | 0% | -10% | ||
| OSK Max Drawdown | -1% | -37% | -17% | -12% | -16% | 0% | -14% | ||
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | -9% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 4/23/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read OSK Dip Buyer Analyses and CMI Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about CMI or OSK? Consider portfolio approach.
Portfolios Win When Stock Picks Fall Short
Individual stocks can soar or tank, but one thing matters: staying invested. The right portfolio can help you stay invested, capture upside, and mitigate the downside associated with any individual stock.
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? HQ Portfolio has posted more than 105% in cumulative return since inception, with less risk versus the benchmark index, as evident in HQ Portfolio performance metrics.