(OSK) Oshkosh - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6882392011

Stock: Vehicles, Platforms, Cranes, Trucks, Equipment

Total Rating 68
Risk 90
Buy Signal 1.16

EPS (Earnings per Share)

EPS (Earnings per Share) of OSK over the last years for every Quarter: "2020-12": 1.13, "2021-03": 1.48, "2021-06": 2.09, "2021-09": 1.05, "2021-12": 0.09, "2022-03": 0.24, "2022-06": 0.41, "2022-09": 1, "2022-12": 1.6, "2023-03": 1.59, "2023-06": 2.69, "2023-09": 3.04, "2023-12": 2.56, "2024-03": 2.89, "2024-06": 3.34, "2024-09": 2.93, "2024-12": 2.58, "2025-03": 1.92, "2025-06": 3.41, "2025-09": 3.2, "2025-12": 2.26,

Revenue

Revenue of OSK over the last years for every Quarter: 2020-12: 1576.5, 2021-03: 1889, 2021-06: 2208.8, 2021-09: 2063, 2021-12: 1791.7, 2022-03: 1945.7, 2022-06: 2066, 2022-09: 2066.7, 2022-12: 2203.6, 2023-03: 2268.1, 2023-06: 2413.1, 2023-09: 2509.9, 2023-12: 2466.8, 2024-03: 2543.8, 2024-06: 2846.9, 2024-09: 2741.4, 2024-12: 2598.1, 2025-03: 2312.8, 2025-06: 2732.1, 2025-09: 2688.6, 2025-12: 2688.8,

Dividends

Dividend Yield 1.76%
Yield on Cost 5y 2.93%
Yield CAGR 5y 10.67%
Payout Consistency 84.4%
Payout Ratio 18.9%
Risk 5d forecast
Volatility 39.2%
Relative Tail Risk -11.7%
Reward TTM
Sharpe Ratio 1.04
Alpha 20.31
Character TTM
Beta 1.261
Beta Downside 1.192
Drawdowns 3y
Max DD 36.66%
CAGR/Max DD 0.48

Description: OSK Oshkosh January 07, 2026

Oshkosh Corporation (NYSE:OSK) designs, manufactures, and sells purpose-built vehicles across three core segments: Access (aerial work platforms, telehandlers, and towing/recovery equipment with accompanying financing solutions), Defense (tactical wheeled vehicles ranging from light to heavy-weight for U.S. and allied militaries), and Vocational (custom fire-fighting apparatus, emergency-response trucks, refuse/recycling vehicles, and specialty field-service rigs). Sales are executed through a mix of direct representatives, dealer networks, and distributors.

Key economic drivers for OSK include U.S. infrastructure spending (the 2021 Infrastructure Investment and Jobs Act is projected to boost demand for construction-grade equipment by 3-5% annually through 2027), defense budget allocations (the FY2024 DoD appropriations bill earmarked $2 billion for new tactical wheeled platforms), and cyclical construction activity tied to housing starts and commercial real-estate development. The company’s exposure to both civilian and government contracts provides a partial hedge against sector-specific downturns.

Recent performance metrics show FY2023 revenue of approximately $3.4 billion, an operating margin of 8.2%, and a backlog of roughly $1.2 billion, indicating solid order flow across all segments. The GICS sub-industry classification is Construction Machinery & Heavy Transportation Equipment, where OSK’s market share is roughly 2.5% globally. For a deeper quantitative dive, the ValueRay platform offers a granular breakdown of OSK’s valuation levers and scenario analysis.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 647.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.08 > 1.0
NWC/Revenue: 24.03% < 20% (prev 14.35%; Δ 9.67% < -1%)
CFO/TA 0.10 > 3% & CFO 966.7m > Net Income 647.0m
Net Debt (621.1m) to EBITDA (1.13b): 0.55 < 3
Current Ratio: 1.94 > 1.5 & < 3
Outstanding Shares: last quarter (506.7m) vs 12m ago 671.7% < -2%
Gross Margin: 17.45% > 18% (prev 0.18%; Δ 1727 % > 0.5%)
Asset Turnover: 106.9% > 50% (prev 113.9%; Δ -6.95% > 0%)
Interest Coverage Ratio: 6.36 > 6 (EBITDA TTM 1.13b / Interest Expense TTM 117.6m)

Altman Z'' 6.48

A: 0.25 (Total Current Assets 5.17b - Total Current Liabilities 2.66b) / Total Assets 10.07b
B: 0.47 (Retained Earnings 4.78b / Total Assets 10.07b)
C: 0.08 (EBIT TTM 747.9m / Avg Total Assets 9.75b)
D: 2.66 (Book Value of Equity 10.07b / Total Liabilities 3.79b)
Altman-Z'' Score: 6.48 = AAA

Beneish M -3.13

DSRI: 1.14 (Receivables 2.16b/1.94b, Revenue 10.42b/10.73b)
GMI: 1.05 (GM 17.45% / 18.35%)
AQI: 0.64 (AQ_t 0.23 / AQ_t-1 0.36)
SGI: 0.97 (Revenue 10.42b / 10.73b)
TATA: -0.03 (NI 647.0m - CFO 966.7m) / TA 10.07b)
Beneish M-Score: -3.13 (Cap -4..+1) = AA

What is the price of OSK shares?

As of February 04, 2026, the stock is trading at USD 159.35 with a total of 1,203,484 shares traded.
Over the past week, the price has changed by +5.96%, over one month by +16.56%, over three months by +31.89% and over the past year by +43.71%.

Is OSK a buy, sell or hold?

Oshkosh has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy OSK.
  • StrongBuy: 8
  • Buy: 1
  • Hold: 6
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the OSK price?

Issuer Target Up/Down from current
Wallstreet Target Price 158.5 -0.6%
Analysts Target Price 158.5 -0.6%
ValueRay Target Price 179.7 12.8%

OSK Fundamental Data Overview February 01, 2026

P/E Trailing = 14.3533
P/E Forward = 11.4548
P/S = 0.8832
P/B = 2.008
P/EG = 6.5124
Revenue TTM = 10.42b USD
EBIT TTM = 747.9m USD
EBITDA TTM = 1.13b USD
Long Term Debt = 1.10b USD (from longTermDebt, last quarter)
Short Term Debt = 600.0k USD (from shortTermDebt, last quarter)
Debt = 1.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 621.1m USD (from netDebt column, last quarter)
Enterprise Value = 9.83b USD (9.20b + Debt 1.10b - CCE 479.8m)
Interest Coverage Ratio = 6.36 (Ebit TTM 747.9m / Interest Expense TTM 117.6m)
EV/FCF = 126.5x (Enterprise Value 9.83b / FCF TTM 77.7m)
FCF Yield = 0.79% (FCF TTM 77.7m / Enterprise Value 9.83b)
FCF Margin = 0.75% (FCF TTM 77.7m / Revenue TTM 10.42b)
Net Margin = 6.21% (Net Income TTM 647.0m / Revenue TTM 10.42b)
Gross Margin = 17.45% ((Revenue TTM 10.42b - Cost of Revenue TTM 8.60b) / Revenue TTM)
Gross Margin QoQ = 15.77% (prev 17.50%)
Tobins Q-Ratio = 0.98 (Enterprise Value 9.83b / Total Assets 10.07b)
Interest Expense / Debt = 2.72% (Interest Expense 29.9m / Debt 1.10b)
Taxrate = 25.89% (47.8m / 184.6m)
NOPAT = 554.2m (EBIT 747.9m * (1 - 25.89%))
Current Ratio = 1.94 (Total Current Assets 5.17b / Total Current Liabilities 2.66b)
Debt / Equity = 0.11 (Debt 1.10b / totalStockholderEquity, last quarter 10.07b)
Debt / EBITDA = 0.55 (Net Debt 621.1m / EBITDA 1.13b)
Debt / FCF = 7.99 (Net Debt 621.1m / FCF TTM 77.7m)
Total Stockholder Equity = 5.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.64% (Net Income 647.0m / Total Assets 10.07b)
RoE = 11.11% (Net Income TTM 647.0m / Total Stockholder Equity 5.82b)
RoCE = 10.80% (EBIT 747.9m / Capital Employed (Equity 5.82b + L.T.Debt 1.10b))
RoIC = 9.55% (NOPAT 554.2m / Invested Capital 5.80b)
WACC = 9.65% (E(9.20b)/V(10.31b) * Re(10.56%) + D(1.10b)/V(10.31b) * Rd(2.72%) * (1-Tc(0.26)))
Discount Rate = 10.56% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.76%
[DCF Debug] Terminal Value 63.16% ; FCFF base≈154.3m ; Y1≈101.3m ; Y5≈46.2m
Fair Price DCF = 1.31 (EV 704.0m - Net Debt 621.1m = Equity 82.9m / Shares 63.3m; r=9.65% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 72.28 | EPS CAGR: 81.85% | SUE: -0.20 | # QB: 0
Revenue Correlation: 83.50 | Revenue CAGR: 9.01% | SUE: 0.86 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.04 | Chg30d=-1.330 | Revisions Net=+0 | Analysts=7
EPS current Year (2026-12-31): EPS=11.12 | Chg30d=-1.287 | Revisions Net=-2 | Growth EPS=+3.1% | Growth Revenue=+4.9%
EPS next Year (2027-12-31): EPS=14.18 | Chg30d=-0.316 | Revisions Net=-1 | Growth EPS=+27.5% | Growth Revenue=+5.7%

Additional Sources for OSK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle