OSK · Oshkosh Corp · Financials

$133.67 -4.26 (-3.09%) Earnings today Q2 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$8.60B

62.35M

Volume · Oct 29 549.32K Avg daily vol (3M) 653.03K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$10.42B -2.9%

FY2025

Net Income

$647M -5%

FY2025

Gross Margin

17.45% -0.9pp

FY2025

Operating Margin

9.01% -0.4pp

FY2025

Diluted EPS

$6.29 +66.8%

FY2018

Operating Cash Flow

$783.4M +42.4%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2028 (G)	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenue	+8.0%	+8.7%	+5.5%	—	$11.2B	$10.43B	$10.42B^G	$10.73B^G	$9.66B^G	$8.28B^G	$7.74B^G	$6.86B	$8.38B	$7.71B	$6.83B	$6.28B	$6.1B	$6.81B	$7.67B	$8.18B	$7.58B	$9.84B
Net Interest Income	—	—	—	—	—	-$109.2M	-$108.9M	-$111.9M	-$53.8M	-$43.9M	-$44.7M	-$51.8M	-$47.6M	-$55.6M	-$54.9M	-$58.3M	-$67.6M	-$69.4M	-$54.6M	-$74.1M	-$86M	—
Cost of Revenue	+6.0%	+8.4%	+5.5%	—	—	$8.7B	$8.6B	$8.76B	$7.98B	$7.23B	$6.47B	$5.74B	$6.86B	$6.35B	$5.66B	$5.22B	$5.06B	$5.63B	$6.47B	$7.19B	$6.51B	$7.87B
Gross Profit	+19.9%	+10.3%	+5.8%	—	—	$1.73B	$1.82B	$1.97B	$1.68B	$1.05B	$1.27B	$1.12B	$1.52B	$1.36B	$1.17B	$1.06B	$1.04B	$1.18B	$1.19B	$991M	$1.08B	$1.97B
Gross Margin	—	—	—	—	—	—	17.45%	18.35%	17.4%	12.73%	16.39%	16.28%	18.1%	17.59%	17.2%	16.81%	17.04%	17.37%	15.55%	12.11%	14.24%	20.02%
Research & Development	+15.3%	+10.8%	+1.6%	—	—	$164M	$173.7M	$169.1M	$133.6M	$113.4M	$103.1M	$103.9M	$99M	$99.3M	$98M	$103.1M	$147.9M	$142M	$112.9M	$109.1M	$142M	—
Selling, General & Administrative	+7.3%	+5.7%	+3.4%	—	—	$823.3M	$818.7M	$852.4M	$810.4M	$662.8M	$666.5M	$620.6M	$683.5M	$663.9M	$665.6M	$612.4M	$587.4M	$624.1M	$620.5M	$567.3M	$513.2M	$489.8M
Amortization of Intangibles	+72.7%	+40.3%	+1.2%	—	—	$57.6M	$59.7M	$64.9M	$41.7M	$11.6M	$9.6M	$11M	$36.9M	$38.3M	$45.8M	$52.5M	$53.2M	$55.3M	$56.6M	—	—	$60.5M
Depreciation & Amortization	+27.7%	+16.6%	+6.1%	—	—	$231.1M	$224.1M	$200.1M	$159.9M	$107.6M	$104M	$104.2M	$115.2M	$120.5M	$130.3M	$128.8M	$124.5M	$126.8M	$126.8M	$130.9M	$144.4M	$172.9M
Restructuring Charges	—	—	—	—	—	—	—	—	—	—	$2.8M	$14.4M	—	$10.1M	$35.8M	$27.8M	—	—	$2.7M	$4.3M	$7.7M	—
Total Operating Expenses	+8.8%	+6.8%	+3.2%	—	—	$884.9M	$879.5M	$958.7M	$843.2M	$682.1M	$676.1M	$631.6M	$720.4M	$702.2M	$711.4M	$691.8M	$640.6M	$679.4M	$686.1M	$625M	$578.8M	$575.9M
Operating Income	+36.1%	+14.1%	+9.0%	—	—	$846.1M	$939.5M	$1.01B	$837.6M	$372.3M	$592.1M	$484.8M	$797M	$653.5M	$463M	$364M	$398.6M	$503.3M	$505.7M	$366M	$500.9M	$1.39B
Operating Margin	—	—	—	—	—	—	9.01%	9.42%	8.67%	4.5%	7.65%	7.07%	9.51%	8.48%	6.78%	5.8%	6.54%	7.39%	6.6%	4.47%	6.6%	14.16%
EBITDA	+34.3%	+14.6%	+8.3%	—	—	$1.08B	$1.16B	$1.21B	$997.5M	$479.9M	$696.1M	$589M	$912.2M	$774M	$593.3M	$492.8M	$523.1M	$630.1M	$632.5M	$496.9M	$645.3M	$1.57B
Interest Income	-2.9%	+3.0%	+13.3%	—	—	$11.2M	$8.7M	$7.6M	$14.8M	$9.5M	$3.5M	$7.5M	$6.8M	$15.3M	$4.9M	$2.1M	$2.5M	$2M	$11.4M	$1.9M	$4.7M	$3.5M
Other Non-Operating Income	—	+39.0%	—	—	—	$8.9M	$11.4M	$4.2M	$13.8M	-$52.8M	-$2.1M	$2.2M	$1.3M	-$3.3M	$3.2M	$1.3M	-$4.9M	-$2M	-$6.1M	-$5.2M	$1.6M	$1M
Equity in Earnings of Unconsolidated Entities	—	—	—	—	—	-$2.7M	-$3.5M	-$11.6M	-$9.6M	-$4.2M	—	-$1.8M	$1.1M	—	—	—	—	-$2M	$3M	$3.6M	$500K	-$4.3M
Pretax Income	+45.1%	+14.1%	+10.0%	—	—	$745.8M	$842M	$903M	$797.6M	$275.6M	$545.3M	$435.2M	$750.7M	$594.6M	$411.3M	$307M	$326.1M	$431.9M	$445M	$286.7M	$416.5M	$1.21B
Income Tax	+25.2%	+11.3%	+6.8%	—	—	$165.2M	$191.5M	$210M	$190M	$97.5M	$36.4M	$111.9M	$171.3M	$123.8M	$127.2M	$92.4M	$99.2M	$125M	$131.7M	$57.4M	$143.6M	$414.3M
Net Income	+55.0%	+15.0%	+10.9%	—	—	$577.9M	$647M	$681.4M	$598M	$173.9M	$508.9M	$321.5M	$579.4M	$471.9M	$285.6M	$216.4M	$229.5M	$309.3M	$318M	$230.8M	$273.4M	$790M
Net Margin	—	—	—	—	—	—	6.21%	6.35%	6.19%	2.1%	6.58%	4.69%	6.91%	6.12%	4.18%	3.45%	3.76%	4.54%	4.15%	2.82%	3.6%	8.03%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0	$0	$1.1M	-$900K	$0
Net Income Available to Common Stockholders	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$285.6M	$216.4M	$229M	$308.1M	$316M	$229.9M	—	—
Comprehensive Income	+53.3%	+18.4%	+17.2%	—	—	$641M	$756.6M	$650.2M	$618.3M	$210.2M	$576.3M	$324.7M	$493.7M	$490.1M	$335.6M	$185.8M	$154.3M	$254.7M	$404.8M	—	—	—
EPS (Basic) USD/shares	—	—	—	—	—	—	—	—	—	—	—	—	—	$6.38	$3.82	$2.94	$2.94	$3.66	$3.60	$2.52	$3.01	$8.78
EPS (Diluted) USD/shares	—	—	—	$18.00 – $22.00*	$10.50	—	—	—	—	—	—	—	—	$6.29	$3.77	$2.91	$2.90	$3.61	$3.55	$2.51	$2.99	$8.69
Shares Outstanding (Basic Avg) shares	-0.8%	-1.2%	-1.9%	—	—	—	64.18M	65.46M	65.38M	65.7M	68.48M	68.15M	69.82M	74M	74.67M	73.57M	77.99M	84.12M	87.73M	91.33M	90.89M	—
Shares Outstanding (Diluted Avg) shares	-0.8%	-1.3%	-2.0%	—	—	—	64.55M	65.83M	65.86M	66.13M	69.21M	68.79M	70.56M	74.98M	75.79M	74.43M	78.98M	85.46M	88.95M	91.89M	91.57M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $2.26B in buybacks, $1.03B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Current debt and lease obligations	2026-03-31	USD 546,200,000	10-Q filed 2026-05-08
Line of credit borrowings, including current maturities	2026-03-31	USD 45,800,000	10-Q filed 2026-05-08
Noncurrent debt carrying amount	2026-03-31	USD 600,600,000	10-Q filed 2026-05-08

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

0.91×

Peer median 1.10×

EV/EBIT

11.22×

Peer median 15.80×

P/E (TTM)

—

Peer median 19.53×

Peer medians compare against the 10 similar-size Farm & Heavy Construction Machinery companies (of 26 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Access	$4,494,400,000	$5,164,700,000	$4,990,000,000	$3,972,100,000	$3,067,300,000	—	—	—
Vocational Segment	$3,726,900,000	$3,310,300,000	$2,578,100,000	$2,175,700,000	$2,164,200,000	—	—	—
Transport	$2,096,700,000	$2,155,200,000	$2,001,400,000	$2,059,100,000	$2,525,600,000	$2,311,500,000	$2,097,500,000	$1,827,300,000
Corporate And Other	$104,300,000	$100,000,000	$88,400,000	$75,100,000	—	—	—	—
Access Equipment	—	—	—	—	$3,072,100,000	$2,515,100,000	$4,079,700,000	$3,776,800,000
Commercial	—	—	—	—	$937,600,000	$957,800,000	$1,022,200,000	$1,046,800,000
Fire and Emergency	—	—	—	—	$1,226,600,000	$1,107,000,000	$1,210,700,000	$1,053,600,000
Corporate	—	—	—	—	$700,000	$1,400,000	$2,100,000	$1,000,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$8,563,300,000	$9,001,600,000	$7,830,200,000	$7,094,700,000	—	—	—	—
EMEA	$1,116,600,000	$837,400,000	$948,600,000	$455,200,000	$504,800,000	$413,700,000	$664,200,000	$851,800,000
Rest of World	$376,500,000	$422,600,000	$492,500,000	$358,600,000	$484,000,000	$419,400,000	$501,200,000	$364,100,000
Other North America	$365,900,000	$468,600,000	$386,600,000	$373,500,000	—	—	—	—
North America	—	—	—	—	$6,748,500,000	$6,023,700,000	$7,216,600,000	$6,489,600,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Aerial Works Platforms	$2,193,900,000	$2,443,900,000	$2,461,600,000	$3,898,000,000	$2,942,800,000	$1,101,700,000	$1,944,400,000	$2,017,200,000
Defense Product	$1,628,000,000	$4,103,000,000	$4,002,800,000	$2,059,100,000	—	—	—	—
Municipal Fire Apparatus	$1,516,200,000	$1,290,500,000	$1,102,100,000	$993,500,000	—	—	—	—
Other Access Equipment	$1,158,900,000	$1,151,800,000	$1,048,200,000	$1,696,400,000	$1,662,600,000	$723,600,000	$880,400,000	$810,700,000
Telehandlers	$1,141,600,000	$1,569,000,000	$1,480,200,000	$2,349,600,000	$1,538,800,000	$680,400,000	$1,254,900,000	$948,900,000
Airport Products	$975,300,000	$862,500,000	$376,700,000	$92,500,000	—	—	—	—
Refuse and Recycling Vehicles	$743,900,000	$686,200,000	$590,700,000	$536,400,000	—	—	—	—
Other Vocational	$491,500,000	$471,100,000	$508,600,000	$553,300,000	$480,100,000	—	—	—
Delivery Vehicles	$468,700,000	$207,400,000	$0	$0	—	—	—	—
Concrete	—	—	—	$419,200,000	$364,800,000	$403,500,000	$439,900,000	$491,800,000
Fire Apparatus	—	—	$1,186,600,000	$1,086,000,000	$1,199,200,000	—	—	—
Other Commercial	—	—	—	$106,200,000	$102,900,000	$110,600,000	$128,300,000	$116,700,000
Refuse Collection	—	—	$590,700,000	$1,072,800,000	$931,800,000	$437,200,000	$451,900,000	$438,300,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Vocational Segment	$547,100,000	$397,100,000	$185,500,000	$154,400,000	$260,600,000	—	—	—
Access	$502,000,000	$805,400,000	$738,800,000	$313,200,000	$278,200,000	$198,200,000	$502,600,000	$387,500,000
Transport	$77,800,000	$51,400,000	$87,700,000	$53,200,000	$200,700,000	$186,200,000	$207,800,000	$225,400,000
Corporate And Other	-$187,400,000	-$243,200,000	-$174,400,000	-$148,500,000	—	—	—	—
Commercial	—	—	—	—	$81,700,000	$79,000,000	$66,800,000	$67,500,000
Fire and Emergency	—	—	—	—	$178,900,000	$147,100,000	$172,000,000	$137,600,000

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Access	11.2%	15.6%	14.8%	7.9%	9.1%	—	—	—
Vocational Segment	14.7%	12%	7.2%	7.1%	12%	—	—	—
Transport	3.7%	2.4%	4.4%	2.6%	7.9%	8.1%	9.9%	12.3%
Corporate And Other	-179.7%	-243.2%	-197.3%	-197.7%	—	—	—	—
Commercial	—	—	—	—	8.7%	8.2%	6.5%	6.4%
Fire and Emergency	—	—	—	—	14.6%	13.3%	14.2%	13.1%

Key facts CIK 775158 CUSIP 688239201 13F (30d) 171 filings 161 filers Visit website Investor relations