Oshkosh (OSK)
Market Price (12/28/2025): $130.5 | Market Cap: $8.4 BilSector: Industrials | Industry: Construction Machinery & Heavy Transportation Equipment
Oshkosh (OSK)
Market Price (12/28/2025): $130.5Market Cap: $8.4 BilSector: IndustrialsIndustry: Construction Machinery & Heavy Transportation Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 9.0% | Weak multi-year price returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -23% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.5%, Rev Chg QQuarterly Revenue Change % is -1.9% |
| Low stock price volatilityVol 12M is 40% | Key risksOSK key risks include [1] the cyclicality of its Access Equipment segment and [2] a significant reliance on U.S. Show more. | |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, and Sustainable Infrastructure. Themes include EV Manufacturing, Autonomous Driving Technology, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 9.0% |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, and Sustainable Infrastructure. Themes include EV Manufacturing, Autonomous Driving Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -20%, 3Y Excs Rtn is -23% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.5%, Rev Chg QQuarterly Revenue Change % is -1.9% |
| Key risksOSK key risks include [1] the cyclicality of its Access Equipment segment and [2] a significant reliance on U.S. Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are five key points explaining the stock movement for Oshkosh (OSK) during the approximate time period from August 31, 2025, to today:
<b>1. Missed Revenue Estimates in Q3 2025 Earnings</b><br><br>
On October 29, 2025, Oshkosh reported its third-quarter 2025 earnings, revealing that while its earnings per share (EPS) surpassed analyst expectations, quarterly revenue of $2.69 billion fell short of the consensus estimate of $2.84 billion. This represented a 1.9% decline year-over-year. The market reacted negatively to this revenue miss, contributing to a significant drop in the stock price.
<b>2. Lowered Fiscal Year 2025 EPS Guidance</b><br><br>
Following the Q3 2025 earnings report, Oshkosh revised its earnings per share (EPS) guidance for fiscal year 2025 downwards, setting a new range of $10.50-$11.00. This was a reduction from its previous guidance of $11.00 and below the analyst consensus of $11.03. Such a reduction in future profitability projections can lead to decreased investor confidence and stock price decline.
<b>3. Significant Decline in Defense Segment Operating Income</b><br><br>
Although reported for Q4 2024, the Defense segment's operating income experienced a substantial decrease of 75.8% to $15.0 million, or 2.7% of sales, compared to the fourth quarter of 2023. This decline was primarily attributed to changes in cumulative catch-up adjustments on contracts and an unfavorable product mix. Concerns about the profitability of a key segment can exert sustained downward pressure on the stock.
<b>4. Immediate Negative Market Reaction to Q3 2025 Earnings</b><br><br>
The day following the announcement of its Q3 2025 earnings on October 29, 2025, Oshkosh's stock experienced a notable one-day decline of 9.2%. This sharp negative reaction from investors indicates strong dissatisfaction with the financial results and outlook presented by the company.
<b>5. Analyst Price Target Reductions and Neutral Ratings</b><br><br>
In the period surrounding the earnings announcements, several financial analysts adjusted their outlooks on Oshkosh. Some analysts maintained neutral ("Hold") ratings, while others, such as Argus, lowered their price targets for OSK, for instance, to $160 from $175. These adjustments and cautious ratings can influence investor sentiment and contribute to a downward trend in the stock's value.
Show moreStock Movement Drivers
Fundamental Drivers
The 0.9% change in OSK stock from 9/27/2025 to 12/27/2025 was primarily driven by a 3.0% change in the company's Net Income Margin (%).| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 129.44 | 130.55 | 0.86% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 10384.40 | 10331.60 | -0.51% |
| Net Income Margin (%) | 6.26% | 6.45% | 2.97% |
| P/E Multiple | 12.84 | 12.56 | -2.17% |
| Shares Outstanding (Mil) | 64.53 | 64.12 | 0.63% |
| Cumulative Contribution | 0.86% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| OSK | 0.9% | |
| Market (SPY) | 4.3% | 51.9% |
| Sector (XLI) | 3.0% | 58.7% |
Fundamental Drivers
The 15.8% change in OSK stock from 6/28/2025 to 12/27/2025 was primarily driven by a 10.2% change in the company's Net Income Margin (%).| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 112.74 | 130.55 | 15.79% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 10499.20 | 10331.60 | -1.60% |
| Net Income Margin (%) | 5.85% | 6.45% | 10.24% |
| P/E Multiple | 11.89 | 12.56 | 5.63% |
| Shares Outstanding (Mil) | 64.80 | 64.12 | 1.04% |
| Cumulative Contribution | 15.78% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| OSK | 15.8% | |
| Market (SPY) | 12.6% | 46.5% |
| Sector (XLI) | 7.5% | 56.2% |
Fundamental Drivers
The 40.8% change in OSK stock from 12/27/2024 to 12/27/2025 was primarily driven by a 40.9% change in the company's P/E Multiple.| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 92.71 | 130.55 | 40.82% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 10598.90 | 10331.60 | -2.52% |
| Net Income Margin (%) | 6.41% | 6.45% | 0.65% |
| P/E Multiple | 8.92 | 12.56 | 40.88% |
| Shares Outstanding (Mil) | 65.33 | 64.12 | 1.85% |
| Cumulative Contribution | 40.77% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| OSK | 40.8% | |
| Market (SPY) | 17.0% | 59.6% |
| Sector (XLI) | 19.2% | 65.6% |
Fundamental Drivers
The 59.0% change in OSK stock from 12/28/2022 to 12/27/2025 was primarily driven by a 462.1% change in the company's Net Income Margin (%).| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 82.11 | 130.55 | 58.98% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 7870.10 | 10331.60 | 31.28% |
| Net Income Margin (%) | 1.15% | 6.45% | 462.08% |
| P/E Multiple | 59.45 | 12.56 | -78.87% |
| Shares Outstanding (Mil) | 65.38 | 64.12 | 1.91% |
| Cumulative Contribution | 58.93% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| OSK | 23.7% | |
| Market (SPY) | 48.0% | 56.4% |
| Sector (XLI) | 41.2% | 66.7% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OSK Return | -8% | 33% | -20% | 25% | -11% | 40% | 52% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| OSK Win Rate | 42% | 67% | 42% | 50% | 58% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| OSK Max Drawdown | -48% | -1% | -37% | -17% | -12% | -16% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See OSK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | OSK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -48.7% | -25.4% |
| % Gain to Breakeven | 94.8% | 34.1% |
| Time to Breakeven | 1,040 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -48.5% | -33.9% |
| % Gain to Breakeven | 94.1% | 51.3% |
| Time to Breakeven | 295 days | 148 days |
| 2018 Correction | ||
| % Loss | -45.1% | -19.8% |
| % Gain to Breakeven | 82.1% | 24.7% |
| Time to Breakeven | 832 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -94.0% | -56.8% |
| % Gain to Breakeven | 1577.6% | 131.3% |
| Time to Breakeven | 2,916 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Oshkosh's stock fell -48.7% during the 2022 Inflation Shock from a high on 5/17/2021. A -48.7% loss requires a 94.8% gain to breakeven.
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AI Analysis | Feedback
Here are 1-3 brief analogies for Oshkosh (OSK):- Oshkosh is like a specialized Caterpillar that focuses on military vehicles, fire trucks, and construction lifts.
- Oshkosh is like Terex (known for its Genie lifts and industrial equipment), but with a major defense manufacturing arm for military vehicles.
- Oshkosh is like PACCAR (maker of Kenworth and Peterbilt trucks) for highly specialized vehicles, also including military transport and fire apparatus.
AI Analysis | Feedback
Oshkosh Corporation's major products include:
- Access Equipment: A diverse range of aerial work platforms, telehandlers, and material handling equipment for construction, industrial, and maintenance applications.
- Defense Vehicles: Specialized tactical wheeled vehicles and integrated logistics support for military forces globally.
- Fire & Emergency Vehicles: Custom fire apparatus, airport rescue and firefighting (ARFF) vehicles, and ambulances for emergency services.
- Commercial Vehicles: Severe-duty vocational chassis, concrete mixers, and refuse collection vehicles for municipal and commercial fleets.
AI Analysis | Feedback
Oshkosh (OSK) primarily sells its specialized vehicles and equipment to other companies (B2B) and government entities (B2G) across various sectors.
Its major customers include:
- United States Department of Defense: A significant customer for Oshkosh Defense, purchasing a wide range of military vehicles, including Joint Light Tactical Vehicles (JLTVs) and Heavy Expanded Mobility Tactical Trucks (HEMTTs).
- United Rentals, Inc. (NYSE: URI): One of the largest equipment rental companies globally, a key customer for Oshkosh's JLG access equipment segment (e.g., boom lifts, scissor lifts, telehandlers).
- Herc Holdings Inc. (NYSE: HRI): Another major equipment rental company that purchases access equipment from Oshkosh's JLG segment.
While Oshkosh also serves numerous other businesses such as construction companies, waste management firms, and various municipal departments (e.g., fire departments, public works) with its vocational and commercial vehicles, the entities listed above represent some of its most substantial and identifiable customer relationships.
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```htmlJohn C. Pfeifer, President and Chief Executive Officer
John C. Pfeifer has served as Oshkosh Corporation's President and Chief Executive Officer and a board member since April 2021. He joined Oshkosh in 2019 as President and Chief Operating Officer. Prior to joining Oshkosh, Mr. Pfeifer spent 13 years with Brunswick Corporation, where his roles included Senior Vice President and President of Mercury Marine, a global leader in marine propulsion systems, parts and accessories. He also served as President of Brunswick Marine in Europe, the Middle East and Africa, and President of the Brunswick Asia Pacific Group. Earlier in his career, he held executive and general management positions with ITT Corporation and Milacron, Inc.
Matthew Field, Executive Vice President and Chief Financial Officer
Matthew Field was appointed Executive Vice President and Chief Financial Officer of Oshkosh Corporation, effective December 16, 2024. He succeeds Michael Pack in this role. Mr. Field brings extensive experience from the automotive and aerospace industries, having most recently served as CFO and Treasurer at Joby Aviation, Inc., where he played a key role in the company's public listing in 2021. Before Joby Aviation, he spent over two decades at Ford Motor Company, including serving as CFO for North America and Corporate General Auditor.
Michael Pack, Executive Vice President and President, Vocational Segment
Michael Pack was appointed Executive Vice President and President of Oshkosh's Vocational segment in June 2024. Prior to this, he served as the Executive Vice President and Chief Financial Officer of Oshkosh Corporation from April 2020 until December 2024. He joined Oshkosh Corporation in 2006 and has held various finance roles with increasing responsibility across the Fire & Emergency, Access Equipment, and Commercial segments, as well as in Corporate Finance. Before joining Oshkosh, he was a senior audit manager at Grant Thornton LLP. Mr. Pack also serves on the board of directors for Winnebago Industries, Inc.
Ignacio A. Cortina, Executive Vice President, Chief Legal and Administrative Officer
Ignacio Cortina serves as Executive Vice President, Chief Legal and Administrative Officer, a position he has held since November 2024. Previously, he was Executive Vice President, General Counsel and Secretary since November 2016. He is responsible for all legal, regulatory, government relations, human resources, ethics and compliance, environmental, and sustainability matters for the company. Mr. Cortina joined Oshkosh Corporation in 2003 and held various roles of increasing responsibility. Prior to joining Oshkosh, he worked in private practice in Washington, D.C.
Mahesh Narang, Executive Vice President and President, Access
Mahesh Narang is Oshkosh Corporation's Executive Vice President and President, Access, a position he has held since November 2023. In this role, Mr. Narang is responsible for leading all aspects of the company's Access segment, which includes the JLG and Jerr-Dan brands. He previously served as Vice President and President of Components at Cummins Inc. from 2021 to October 2023. At Cummins, he was responsible for strategic direction and led operational aspects of the global Components business, including the acquisition and integration of several companies.
AI Analysis | Feedback
The key risks to Oshkosh Corporation (OSK) are primarily centered around the cyclical nature of its markets, its significant reliance on government contracts, and vulnerabilities within its supply chain.
- Cyclicality of the Access Equipment Segment: The Access Equipment segment, particularly its JLG business, is highly sensitive to the inherent cyclicality of the construction and equipment rental markets. Fluctuations in these markets can lead to sharp declines in sales volume and operating income for Oshkosh. For example, in the first quarter of 2025, the Access segment experienced a significant drop in sales and operating income due to reduced demand in North America.
- High Dependence on U.S. Government Contracts: Oshkosh derives a substantial portion of its revenue from contracts with the U.S. government, including its Defense segment and the Next Generation Delivery Vehicle (NGDV) contract with the USPS. This concentration creates a risk where budget cuts, contract losses, or the unpredictable nature of government procurement can lead to significant revenue and income volatility. The loss of follow-on contracts, such as the Joint Light Tactical Vehicle (JLTV) contract, has demonstrated the impact of this risk.
- Dependence on Third-Party Suppliers and Supply Chain Disruptions: Oshkosh relies on a wide network of third-party suppliers for a large portion of its materials and components. This dependence makes the company vulnerable to supply shortages, price increases, and production inefficiencies, which can disrupt manufacturing and negatively impact financial performance.
AI Analysis | Feedback
The rapid emergence of highly competitive, specialized pure-play electric vehicle manufacturers focusing on vocational and access equipment segments.
AI Analysis | Feedback
Oshkosh Corporation (OSK) operates across several key segments, each addressing distinct global markets for their specialized products and services.
Access Equipment
- Aerial Work Platforms (AWPs) and Telehandlers: The global aerial work platforms market was estimated at USD 12.22 billion in 2023 and is projected to reach approximately USD 29.90 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2033. North America holds the largest market share, accounting for 38.13% in 2023, with the U.S. market specifically valued at USD 3.83 billion in 2023, anticipated to reach around USD 10.19 billion by 2033. Other estimates for the global AWP market include USD 17.46 billion in 2022, projected to reach USD 33.78 billion by 2030, and USD 10.46 billion in 2023, projected to grow to USD 20.47 billion by 2032. The global telehandler market was valued at USD 7.27 billion in 2024 and is estimated to reach USD 11.29 billion by 2033, exhibiting a CAGR of 4.77% from 2025-2033. Asia Pacific currently dominates the telehandler market, holding a 35.0% share in 2024. Other estimates for the global telehandler market include USD 9.2 billion in 2024, expected to reach USD 26.47 billion by 2032.
Defense
- Military Vehicles (Tactical Trucks, Armored Vehicles, etc.): The global military vehicle market is projected to grow from USD 23.64 billion in 2024 to USD 38.07 billion by 2032, at a CAGR of 6.14% during 2025-2032. The global armored vehicle market size was estimated at USD 32.41 billion in 2024 and is projected to reach USD 44.56 billion by 2030, with a CAGR of 5.4% from 2025 to 2030. North America holds over 25% of the armored vehicle market in 2024. The Global Defense Light Tactical Vehicle (DLTV) Market was valued at approximately USD 8.09 billion in 2024 and is projected to reach about USD 16.54 billion by 2035, with a CAGR of 6.72% from 2025 to 2035. North America was the largest regional market, capturing 37% of the market share in 2022. The global Oshkosh FMTV A2 market size was valued at USD 2.7 billion in 2024 and is projected to reach USD 4.1 billion by 2033, expanding at a CAGR of 4.8% during 2024–2033, with North America commanding nearly 45% of the total revenue in 2024.
Fire & Emergency
- Fire Apparatus and Emergency Vehicles: The global fire truck market size was valued at USD 11.42 billion in 2024 and is projected to reach USD 16.72 billion by 2033, exhibiting a CAGR of 4.3% during the forecast period (2025–2033). Europe remained the global leader in the fire truck market in 2024, with a market share of 34.6%. The global market for emergency response and recovery vehicles (a broader category including fire trucks) was valued at USD 16.2 billion in 2023 and is projected to reach USD 25.6 billion by 2032, growing at a CAGR of 5.2% during the forecast period. North America holds a significant share of this market.
Commercial/Vocational
- Refuse Collection Vehicles (Garbage Trucks): The global waste or garbage collection vehicle market size was valued at US$ 8.9 billion in 2024 and is projected to reach US$ 14.1 billion by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. The Asia Pacific region dominated this market in 2024, holding a revenue share of 40%. Other sources indicate the global garbage truck market is projected to reach USD 22.0 billion by 2034, from USD 13.9 billion in 2024.
- Concrete Mixers: The global concrete mixer market was valued at USD 8.2 billion in 2023 and is expected to reach USD 13.1 billion by 2030, expanding at a CAGR of 6%. Another source indicates the global concrete mixer market expanded from USD 16.20 billion in 2024 and is projected to reach USD 23.24 billion by 2032. Asia-Pacific holds the largest market share.
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Oshkosh Corporation (OSK) is anticipated to drive future revenue growth over the next 2-3 years through a combination of strategic initiatives and favorable market dynamics. Key expected drivers include:
- Robust Backlog and Execution of Existing Contracts: Oshkosh has a strong backlog, particularly in its Vocational and Transport segments, which provides long-term revenue visibility. Multi-year backlogs and existing contracts are expected to support a significant portion of the company's targeted revenue growth through 2028.
- Advancements in Technology (Electrification, Autonomy, Digital Solutions): The company is making substantial investments in and leveraging leading technologies such as electrification, autonomy, active safety, intelligent products, and advanced analytics. The Access segment, led by the JLG brand, is a key focus for electrification and is projected to be a significant "engine of growth."
- Expansion into New Markets and Geographies: Oshkosh's "Innovate. Serve. Advance." strategy includes expanding its presence into new markets and geographies. This involves actively growing its dealer footprint to support international growth, particularly for telehandlers and agricultural applications, and developing region-specific products.
- Favorable Market Dynamics and Demand: Several positive market trends are expected to sustain demand for Oshkosh's products. These include increasing infrastructure spending, onshoring efforts in North America, healthy U.S. municipal budgets, growth in air travel, and the ongoing need for customers to refresh aged fleets.
- Strategic Acquisitions (Programmatic M&A): As part of its disciplined capital allocation approach, Oshkosh plans to pursue programmatic mergers and acquisitions. These strategic M&A activities are aimed at driving further growth in its attractive target markets.
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Share Repurchases
- Oshkosh repurchased approximately $155 million in shares in 2022 and $116 million in 2024.
- In May 2022, the Board of Directors increased the share repurchase authorization by approximately 8 million shares, bringing the total authorization to 12 million shares.
- During the third quarter of 2025, the company repurchased $90.6 million worth of common stock, bringing year-to-date repurchases to $159 million.
Share Issuance
- For the trailing twelve months ended June 2025, Oshkosh reported $0 million in issuance of stock.
Outbound Investments
- In 2021, Oshkosh acquired Pratt Miller and made strategic investments in Microvast and Carnegie Foundry to enhance electrification and autonomy capabilities.
- Oshkosh acquired Maxi-Métal Inc. and entered into an agreement to acquire Hinowa S.p.A. in 2022.
- In September 2024, the company acquired AUSA, a privately held Spanish company, and in the same year, announced an $800 million deal to acquire John Bean Technologies' Aerotech business.
Capital Expenditures
- Capital expenditures were $325 million in 2023 and $281 million in 2024.
- For the full-year 2025, Oshkosh expects capital expenditures to be approximately $250 million.
- These investments are primarily focused on enhancing production capabilities, advancing technology, and supporting the "Innovate. Serve. Advance." strategy to drive future growth and improve operating margins.
Latest Trefis Analyses
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| ARTICLES |
Trade Ideas
Select ideas related to OSK. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Oshkosh
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 104.36 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 13.5% |
| Op Mgn 3Y Avg | 12.8% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 15.0% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 12.7% |
| FCF/Rev 3Y Avg | 12.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 158.8 |
| P/S | 2.7 |
| P/EBIT | 21.2 |
| P/E | 33.0 |
| P/CFO | 16.2 |
| Total Yield | 5.2% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.7% |
| 3M Rtn | 4.9% |
| 6M Rtn | 15.5% |
| 12M Rtn | 25.3% |
| 3Y Rtn | 76.2% |
| 1M Excs Rtn | -1.2% |
| 3M Excs Rtn | 0.6% |
| 6M Excs Rtn | 3.3% |
| 12M Excs Rtn | 9.6% |
| 3Y Excs Rtn | -6.2% |
Comparison Analyses
Price Behavior
| Market Price | $130.55 | |
| Market Cap ($ Bil) | 8.4 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -8.6% | |
| 50 Days | 200 Days | |
| DMA Price | $128.04 | $117.38 |
| DMA Trend | up | down |
| Distance from DMA | 2.0% | 11.2% |
| 3M | 1YR | |
| Volatility | 38.1% | 40.7% |
| Downside Capture | 131.50 | 107.90 |
| Upside Capture | 109.11 | 125.11 |
| Correlation (SPY) | 52.0% | 59.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.07 | 1.49 | 1.49 | 1.23 | 1.22 | 1.20 |
| Up Beta | 1.79 | 2.77 | 2.94 | 2.37 | 1.34 | 1.28 |
| Down Beta | 1.08 | 2.08 | 1.69 | 1.20 | 1.19 | 1.24 |
| Up Capture | 122% | 76% | 56% | 107% | 118% | 124% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 12 | 22 | 29 | 61 | 118 | 384 |
| Down Capture | 71% | 99% | 128% | 68% | 107% | 104% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 8 | 20 | 34 | 65 | 130 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of OSK With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| OSK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 41.6% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 40.4% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.95 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 65.6% | 59.5% | 5.8% | 28.2% | 50.8% | 24.7% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of OSK With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| OSK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 10.4% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 33.0% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.36 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 70.3% | 58.3% | 6.2% | 20.9% | 46.2% | 23.5% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of OSK With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| OSK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 14.8% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 35.0% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.49 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 71.1% | 60.2% | 1.0% | 28.1% | 46.2% | 13.3% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2025 | -9.2% | -12.4% | -7.2% |
| 8/1/2025 | 3.2% | 6.9% | 10.5% |
| 4/30/2025 | -5.1% | 0.0% | 14.3% |
| 1/30/2025 | 18.4% | 15.7% | 7.5% |
| 10/30/2024 | -1.3% | -2.5% | 5.0% |
| 7/31/2024 | -5.0% | -13.6% | -6.8% |
| 4/25/2024 | -2.1% | -7.0% | -4.2% |
| 1/30/2024 | 1.0% | -0.6% | -2.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 13 | 12 |
| # Negative | 14 | 11 | 12 |
| Median Positive | 3.3% | 2.4% | 10.9% |
| Median Negative | -2.3% | -5.5% | -4.9% |
| Max Positive | 18.4% | 15.7% | 17.8% |
| Max Negative | -9.2% | -13.6% | -16.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10292025 | 10-Q 9/30/2025 |
| 6302025 | 8012025 | 10-Q 6/30/2025 |
| 3312025 | 4302025 | 10-Q 3/31/2025 |
| 12312024 | 2202025 | 10-K 12/31/2024 |
| 9302024 | 10302024 | 10-Q 9/30/2024 |
| 6302024 | 7312024 | 10-Q 6/30/2024 |
| 3312024 | 4252024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 10262023 | 10-Q 9/30/2023 |
| 6302023 | 8012023 | 10-Q 6/30/2023 |
| 3312023 | 4272023 | 10-Q 3/31/2023 |
| 12312022 | 2212023 | 10-K 12/31/2022 |
| 9302022 | 10272022 | 10-Q 9/30/2022 |
| 6302022 | 7282022 | 10-Q 6/30/2022 |
| 3312022 | 4272022 | 10-Q 3/31/2022 |
| 12312021 | 1262022 | 10-QT 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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