Stocks · Industrials · Agricultural - Machinery

Oshkosh Corp OSK

$133.85 +2.32% Close, Oct 2, 2026 · NYSE · Market cap $8.26B

Inexpensive vs sector

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Revenue over the last four quarters was $10.61B, up 2.2% from a year earlier, accelerating from -0.7% a quarter earlier.
  2. Diluted EPS over the last four quarters was $8.74, down 12.2% year over year.
  3. The diluted share count fell 3.1% in a year, mainly through buybacks.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth59Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 26%
  • EPS growth (TTM, YoY)Bottom 32%
  • FCF growth (TTM, YoY)Top 15%
  • Revenue growth, 3-year CAGRTop 36%
  • Revenue growth accelerationTop 36%
Quality75Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 29%
  • Gross marginBottom 21%
  • Operating marginTop 48%
  • Cash conversion (OCF / net income)Top 24%
  • Accruals (lower is better)Top 26%
  • Net debt / EBITDA (lower is better)Top 28%
  • Interest coverTop 34%
Value97Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 8%
  • Free-cash-flow yieldTop 4%
  • EBITDA / enterprise valueTop 11%
  • Sales / enterprise valueTop 17%
  • P/E vs own 5-year history (lower is better)Top 36%
Momentum43Weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 40%
  • 6-month returnBottom 32%
  • 1-year return vs S&P 500Bottom 47%
  • Distance from 52-week highBottom 49%
  • Trend checklist (0–4)Bottom 40%
Revisions34Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 29%
  • Consecutive EPS beatsBottom 39%
  • Share of analysts rating BuyTop 46%
  • Upside to consensus price targetBottom 43%
Stability72Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 33%
  • Maximum drawdown, 3 yearsTop 28%
  • Beta vs S&P 500 (lower is better)Bottom 47%
  • Net debt / EBITDA (lower is better)Top 28%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-0.7%2.2%↑
EPS growth (YoY)-4.1%-12.2%↓
Gross margin18.1%15.9%↓
Operating margin9.3%7.5%↓
FCF margin5.5%10.8%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)2.2%-0.7%↑Bottom 26%
EPS growth (TTM, YoY)-12.2%-4.1%↓Bottom 32%
Gross margin15.9%18.1%↓Bottom 21%
Operating margin7.5%9.3%↓Top 48%
Net margin5.2%6.3%↓—
Free-cash-flow margin10.8%5.5%↑—
Return on invested capital9.1%—Top 29%
Revenue growth, 3-year CAGR8.0%—Top 36%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.34×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-7.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+7.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
0.66×
Interest cover (operating income / interest)How many times operating profit covers interest.
6.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.64%
Net buyback yield (TTM)
4.21%
Shareholder yield
5.86%
Share count change, 1 year
-3.1%
Share count change, 3-year CAGR
-1.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
-2.2%
Average 2-day reaction, last 8
-0.7%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$169.29
Target vs current price
+26.5%
Analysts with a rating
38
Share rating Buy or Strong Buy
61%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026+9.1%-1.6%-4.3%+0.9%—
May 8, 2026-18.3%-9.9%-17.6%-14.7%+2.4%
Jan 29, 2026-3.0%-0.6%+14.2%+17.7%+2.9%
Oct 29, 2025+3.2%-9.2%-12.4%-7.2%+11.2%
Aug 1, 2025+14.4%+3.2%+6.9%+13.1%+10.2%
Apr 30, 2025-5.0%-5.1%+0.0%+13.4%+45.9%
Jan 30, 2025+18.3%+18.4%+15.7%+6.0%-7.2%
Oct 30, 2024+0.3%-1.3%-2.5%+5.3%-11.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$2.87$2.63+9.1%$2.92B
May 8, 2026$0.85$1.04-18.3%$2.32B
Jan 29, 2026$2.26$2.33-3.0%$2.69B
Oct 29, 2025$3.20$3.10+3.2%$2.69B
Aug 1, 2025$3.41$2.98+14.4%$2.73B
Apr 30, 2025$1.92$2.02-5.0%$2.31B
Jan 30, 2025$2.58$2.18+18.3%$2.62B
Oct 30, 2024$2.93$2.92+0.3%$2.74B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)15.3×16.8×43thTop 8%
P/E (forward)12.5×———
EV / EBITDA8.5×——Top 11%
EV / Sales0.84×——Top 17%
Free-cash-flow yield13.90%——Top 4%
Earnings yield6.53%——Top 8%

P/E over the past five years

Range 8.9× – 61.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+3.9%
Earnings per share growth (TTM)
-12.2%
Change in P/E multiple
+33.1%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-1.5%
200-day average slope (20 days)
+1.0%
Distance from 50-day average
-9.5%
Distance from 200-day average
-8.9%
RSI (14)
38.7
Relative volume
1.18×

Risk and drawdowns

Volatility, 60 days (annualized)
35.1%
Volatility vs own 5-year history
66th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.08
Correlation with S&P 500
0.40
Current drawdown from 1-year high
-24.8%
Maximum drawdown, 3 years
-37.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
May 17, 2021Sep 30, 2022-48.7%347 days712 days (Aug 5, 2025)
Feb 24, 2026May 19, 2026-33.1%59 daysNot yet recovered
Aug 27, 2025Nov 20, 2025-17.3%60 days30 days (Jan 6, 2026)
Oct 19, 2020Oct 30, 2020-16.5%9 days16 days (Nov 23, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$8.26B
P/E (TTM)
15.3
EPS, diluted (TTM)
$8.74
Revenue (TTM)
$10.61B
Dividend yield
1.66%
52-week range
$116.77 – $180.49
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$7.74B$8.28B$9.66B$10.73B$10.42B
Gross profit$1.27B$1.05B$1.68B$1.97B$1.82B
Operating income$592.1M$372.3M$837.6M$1.01B$945.2M
Net income$508.9M$173.9M$598.0M$681.4M$647.0M
EPS (diluted)$7.35$2.63$9.08$10.38$10.02
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$2.74B$2.60B$2.31B$2.73B$2.69B$2.69B$2.32B$2.92B
Net income$180.3M$153.1M$112.2M$204.8M$196.2M$133.8M$43.1M$183.2M
EPS (diluted)$2.75$2.33$1.72$3.16$3.04$2.10$0.68$2.92
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$1.22B$601.3M$599.6M$550.1M$783.4M
Capital expenditure-$114.8M-$269.5M-$325.3M-$281.0M-$165.4M
Free cash flow$1.11B$331.8M$274.3M$269.1M$618.0M
Dividends paid-$90.4M-$97.3M-$107.2M-$120.0M-$130.4M
Net share buybacks-$122.1M-$151.9M-$22.5M-$116.0M-$278.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$403.6M
Total assets
$10.05B
Total liabilities
$5.52B
Total debt
$1.10B
Net debt
$699.2M
Shareholders’ equity
$4.53B

As of Jun 30, 2026 (filed Jul 28, 2026).

Dividends

Ex-dateAmountPaid
Aug 13, 2026$0.57Aug 27, 2026
May 26, 2026$0.57Jun 9, 2026
Feb 17, 2026$0.57Mar 3, 2026
Nov 17, 2025$0.51Dec 1, 2025
Aug 19, 2025$0.51Sep 2, 2025
May 16, 2025$0.51May 30, 2025
Feb 14, 2025$0.51Mar 3, 2025
Nov 15, 2024$0.46Nov 29, 2024

Short interest

Shares sold short
1,992,493
Days to cover
4.67
Change vs previous report
+7.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Aug 29, 2005
2-for-1
Aug 14, 2003
2-for-1
Aug 20, 1999
3-for-2