OSK Stock - Oshkosh Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $10.73B | $9.66B | $8.28B | $7.74B | $6.86B |
| Gross Profit | $1.97B | $1.68B | $1.05B | $1.27B | $1.12B |
| Gross Margin | 18.4% | 17.4% | 12.7% | 16.4% | 16.3% |
| Operating Income | $1.01B | $837.60M | $372.30M | $592.10M | $484.80M |
| Net Income | $681.40M | $598.00M | $173.90M | $508.90M | $321.50M |
| Net Margin | 6.4% | 6.2% | 2.1% | 6.6% | 4.7% |
| EPS | $10.39 | $9.15 | $2.65 | $7.43 | $4.76 |
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales. Its Defense segment provides heavy, medium, and light tactical wheeled vehicles and related services for the department of defense. The company's Fire & Emergency segment offers custom and commercial firefighting vehicles and equipment; and commercial fire apparatus and emergency vehicles, such as pumpers, aerial platform, ladder and tiller trucks, tankers, rescue vehicles, wild land rough terrain response vehicles, mobile command and control centers, bomb squad vehicles, hazardous materials control vehicles, and other emergency response vehicles. This segment also provides aircraft rescue and firefighting, snow removal, and broadcast vehicles, as well as command trucks, and military simulator shelters and trailers. Its Commercial segment offers front-and rear-discharge concrete mixers for the concrete ready-mix industry; refuse collection vehicles and related components to commercial and municipal waste haulers; and field service vehicles and truck-mounted cranes for the construction, equipment dealer, building supply, utility, tire service, railroad, and mining industries. Oshkosh Corporation provides its products through direct sales representatives, dealers, and distributors. The company was formerly known as Oshkosh Truck Corporation and changed its name to Oshkosh Corporation in February 2008. Oshkosh Corporation was founded in 1917 and is headquartered in Oshkosh, Wisconsin.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 14th 2025 | Wells Fargo | Initiation | Overweight | - |
| July 1st 2025 | Goldman | Upgrade | Buy | $131 |
| June 3rd 2025 | Truist | Upgrade | Buy | $127 |
| January 24th 2025 | KeyBanc Capital Markets | Upgrade | Overweight | $113 |
| June 28th 2024 | Raymond James | Initiation | Outperform | $125 |
| June 26th 2024 | Citigroup | Initiation | Buy | $130 |
| March 14th 2024 | Truist | Initiation | Hold | $121 |
| March 1st 2024 | DA Davidson | Upgrade | Buy | $130← $122 |
| January 8th 2024 | Morgan Stanley | Initiation | Equal Weight | $102 |
| November 13th 2023 | Evercore ISI | Upgrade | Outperform | $122← $115 |
| October 13th 2023 | Citigroup | Upgrade | Buy | $115← $110 |
| September 28th 2023 | KeyBanc Capital Markets | Downgrade | Sector Weight | - |
| August 31st 2023 | Argus | Upgrade | Buy | $115 |
| August 2nd 2023 | Robert W. Baird | Upgrade | Outperform | $137← $92 |
| April 3rd 2023 | Goldman | Downgrade | Neutral | $94 |
Earnings History & Surprises
OSKEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Jan 29, 2026 | $2.29 | — | — | — |
Q4 2025 | Oct 29, 2025 | $3.12 | $3.20 | +2.6% | ✓ BEAT |
Q3 2025 | Aug 1, 2025 | $2.98 | $3.41 | +14.4% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $2.02 | $1.92 | -5.0% | ✗ MISS |
Q1 2025 | Jan 30, 2025 | $2.22 | $2.58 | +16.2% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $2.92 | $2.93 | +0.3% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $2.98 | $3.34 | +12.1% | ✓ BEAT |
Q2 2024 | Apr 25, 2024 | $2.25 | $2.89 | +28.4% | ✓ BEAT |
Q1 2024 | Jan 30, 2024 | $2.24 | $2.56 | +14.3% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $2.20 | $3.04 | +38.2% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $1.62 | $2.69 | +66.0% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $1.02 | $1.59 | +55.9% | ✓ BEAT |
Q1 2023 | Jan 31, 2023 | $1.73 | $1.60 | -7.5% | ✗ MISS |
Q4 2022 | Oct 27, 2022 | $1.23 | $1.00 | -18.7% | ✗ MISS |
Q3 2022 | Jul 28, 2022 | $0.89 | $0.41 | -53.9% | ✗ MISS |
Q2 2022 | Apr 27, 2022 | $0.17 | $0.24 | +41.2% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $0.41 | $0.09 | -78.0% | ✗ MISS |
Q4 2021 | Oct 28, 2021 | $0.75 | $1.05 | +40.0% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $2.23 | $2.09 | -6.3% | ✗ MISS |
Latest News
Bernstein Maintains Market Perform on Oshkosh, Raises Price Target to $140
➖ NeutralShares of machinery companies are trading higher after the Fed cut rates by 25 basis points.
📈 PositiveArgus Research Maintains Buy on Oshkosh, Lowers Price Target to $160
➖ NeutralMorgan Stanley Maintains Equal-Weight on Oshkosh, Raises Price Target to $147
➖ NeutralBarclays Initiates Coverage On Oshkosh with Overweight Rating, Announces Price Target of $150
📈 PositiveShares of companies in the broader machinery sector are trading higher. Stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveWells Fargo Initiates Coverage On Oshkosh with Overweight Rating, Announces Price Target of $144
📈 PositiveUBS Maintains Buy on Oshkosh, Raises Price Target to $165
📈 PositiveCitigroup Maintains Buy on Oshkosh, Lowers Price Target to $150
📈 PositiveTruist Securities Maintains Buy on Oshkosh, Lowers Price Target to $158
➖ NeutralOshkosh shares are trading lower after the company reported Q3 revenue miss and lowered FY25 revenue and EPS outlook.
📉 NegativeOshkosh Lowers FY2025 GAAP EPS Guidance from $10.30 to $9.75-$10.25 vs $10.43 Est
📉 NegativeOshkosh Widens FY2025 Adj EPS Guidance from $11.00 to $10.50-$11.00 vs $11.03 Est; Lowers FY2025 Sales Guidance from $10.600B to $10.300B-$10.400B vs $10.551B Est
📉 NegativeOshkosh Q3 Adj. EPS $3.20 Beats $3.07 Estimate, Sales $2.686B Miss $2.836B Estimate
➖ NeutralJP Morgan Maintains Neutral on Oshkosh, Raises Price Target to $140
➖ NeutralOshkosh Defense Demonstrates Autonomous-Capable Launcher Solutions And Payload Flexibility With FMAV Lineup At AUSA 2025
📈 PositiveTruist Securities Maintains Buy on Oshkosh, Raises Price Target to $171
📈 PositiveOshkosh's Unit Gets $89M US Army Contracting Command - Detroit Arsenal's Contract For Palletized Load System A2 Vehicles, Kits
📈 PositiveCitigroup Maintains Buy on Oshkosh, Raises Price Target to $160
📈 PositiveKeybanc Maintains Overweight on Oshkosh, Raises Price Target to $180
📈 PositiveFrequently Asked Questions about OSK
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