OSK · Oshkosh Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.32B | - | $2.69B | $2.73B | $2.31B | - | $2.74B | $2.85B | $2.54B | - |
| Cost of Revenue | $2.01B | - | $2.22B | $2.21B | $1.91B | - | $2.24B | $2.30B | $2.07B | - |
| Gross Profit | $311.90M | - | $470.50M | $524.50M | $399.90M | - | $506.00M | $546.10M | $470.00M | - |
| R&D | $39.10M | - | $39.40M | $45.00M | $39.30M | - | - | - | - | - |
| SG&A | $215.60M | - | $196.20M | $213.30M | $211.00M | - | $226.40M | $220.00M | $196.80M | - |
| Total Operating Expenses | $229.90M | - | $210.10M | $232.80M | $224.50M | - | $239.80M | $285.20M | $210.30M | - |
| D&A | $60.60M | - | $51.90M | $47.90M | $53.60M | - | $31.30M | $27.20M | $46.60M | - |
| Operating Income | $82.00M | - | $260.40M | $291.70M | $175.40M | - | $266.20M | $260.90M | $259.70M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $10.50M | - | $41.70M | $65.20M | $36.80M | - | $56.60M | $53.50M | $54.70M | - |
| Net Income | $43.10M | - | $196.20M | $204.80M | $112.20M | - | $180.30M | $168.60M | $179.40M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $250.30M | $479.80M | $211.80M | $191.70M | $210.30M | $204.90M | $160.90M | $141.40M | $69.90M | $125.40M |
| Accounts Receivable | $1.50B | $1.46B | $1.45B | $1.51B | $1.41B | $1.25B | $1.58B | $1.62B | $1.53B | $1.32B |
| Inventory | $2.52B | $2.38B | $2.46B | $2.50B | $2.50B | $2.27B | $2.32B | $2.22B | $2.21B | $2.13B |
| Accounts Payable | $992.50M | $1.07B | $962.10M | $975.70M | $970.10M | $1.14B | $1.05B | $1.05B | $1.06B | $1.21B |
| Current Assets | $5.11B | $5.17B | $4.94B | $5.01B | $4.85B | $4.53B | $5.06B | $5.04B | $4.73B | $4.48B |
| Total Assets | $9.96B | $10.07B | $9.84B | $10.02B | $9.76B | $9.42B | $9.88B | $9.72B | $9.47B | $9.13B |
| Current Liabilities | $3.13B | $2.66B | $2.50B | $2.73B | $2.75B | $2.99B | $3.46B | $3.49B | $3.32B | $3.09B |
| Long-term Debt | $600.60M | $1.10B | $1.10B | $1.10B | $1.10B | $599.50M | $602.30M | $599.10M | $598.90M | $597.50M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $4.47B | $4.53B | $4.54B | $4.45B | $4.23B | $4.15B | $4.10B | $3.92B | $3.83B | $3.71B |
| Retained Earnings | $4.89B | $4.88B | $4.78B | $4.62B | $4.45B | $4.37B | $4.24B | $4.09B | $3.96B | $3.81B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($161.00M) | - | - | - | ($394.90M) | - | - | - | ($355.80M) | - |
| Investing Cash Flow | $1.10M | - | - | - | ($43.10M) | - | - | - | ($111.20M) | - |
| Financing Cash Flow | ($68.50M) | - | - | - | $438.10M | - | - | - | $412.50M | - |
| CapEx | $28.10M | - | $38.90M | $41.50M | $40.30M | - | - | - | $100.10M | - |
| Free Cash Flow | ($189.10M) | - | - | - | ($435.20M) | - | - | - | ($455.90M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 13.5% | - | 17.5% | 19.2% | 17.3% | - | 18.5% | 19.2% | 18.5% | - |
| Operating margin | 3.5% | - | 9.7% | 10.7% | 7.6% | - | 9.7% | 9.2% | 10.2% | - |
| EBITDA margin | 6.2% | - | 11.6% | 12.4% | 9.9% | - | 10.9% | 10.1% | 12.0% | - |
| Net margin | 1.9% | - | 7.3% | 7.5% | 4.9% | - | 6.6% | 5.9% | 7.1% | - |
| Free cash flow margin | -8.2% | - | - | - | -18.8% | - | - | - | -17.9% | - |
| FCF / Net income | -4.39 | - | - | - | -3.88 | - | - | - | -2.54 | - |
| R&D / Revenue | 1.7% | - | 1.5% | 1.6% | 1.7% | - | - | - | - | - |
| SG&A / Revenue | 9.3% | - | 7.3% | 7.8% | 9.1% | - | 8.3% | 7.7% | 7.7% | - |
| Effective tax rate | 19.6% | - | 17.5% | 24.1% | 24.7% | - | 23.9% | 24.1% | 23.4% | - |
| Return on assets | 0.4% | - | 2.0% | 2.0% | 1.1% | - | 1.8% | 1.7% | 1.9% | - |
| Return on equity | 1.0% | - | 4.3% | 4.6% | 2.6% | - | 4.4% | 4.3% | 4.7% | - |
| Return on invested capital | 1.3% | - | 3.8% | 4.0% | 2.5% | - | 4.3% | 4.4% | 4.5% | - |
| Liquidity | ||||||||||
| Current ratio | 1.63 | 1.94 | 1.98 | 1.84 | 1.77 | 1.52 | 1.46 | 1.44 | 1.43 | 1.45 |
| Quick ratio | 0.83 | 1.05 | 0.99 | 0.92 | 0.86 | 0.76 | 0.79 | 0.81 | 0.76 | 0.76 |
| Cash ratio | 0.08 | 0.18 | 0.08 | 0.07 | 0.08 | 0.07 | 0.05 | 0.04 | 0.02 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | 0.13 | 0.24 | 0.24 | 0.25 | 0.26 | 0.14 | 0.15 | 0.15 | 0.16 | 0.16 |
| Debt / Assets | 0.06 | 0.11 | 0.11 | 0.11 | 0.11 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 |
| Debt / EBITDA | 4.21 | - | 3.52 | 3.24 | 4.80 | - | 2.02 | 2.08 | 1.96 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.23 | 2.22 | 2.17 | 2.25 | 2.31 | 2.27 | 2.41 | 2.48 | 2.48 | 2.46 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | - | 0.27 | 0.27 | 0.24 | - | 0.28 | 0.29 | 0.27 | - |
| Inventory turnover | 0.80 | - | 0.90 | 0.88 | 0.76 | - | 0.96 | 1.04 | 0.94 | - |
| Days sales outstanding | 237d | - | 197d | 202d | 222d | - | 210d | 208d | 220d | - |
| Days inventory outstanding | 458d | - | 404d | 413d | 477d | - | 379d | 352d | 389d | - |
| Days payable outstanding | 181d | - | 158d | 161d | 185d | - | 172d | 166d | 186d | - |
| Cash conversion cycle | 514d | - | 443d | 453d | 514d | - | 417d | 393d | 422d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 2.1x | - | 1.8x | 1.7x | 1.4x | - | 1.6x | 1.8x | 2.2x | - |
| P / S | 4.0x | - | 3.1x | 2.7x | 2.6x | - | 2.4x | 2.5x | 3.2x | - |
| EV / EBITDA | 67.8x | - | 29.7x | 24.3x | 30.6x | - | 23.6x | 26.3x | 28.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.2% | - | -1.9% | -4.0% | -9.1% | - | 9.2% | 18.0% | 12.2% | - |
| Revenue CAGR (3y) | 0.7% | - | 9.2% | 9.8% | 5.9% | - | 7.5% | 14.7% | 12.4% | - |
| Revenue CAGR (5y) | 5.3% | - | 11.2% | 8.7% | 6.4% | - | 2.8% | 7.4% | 7.1% | - |
| Gross profit growth (YoY) | -22.0% | - | -7.0% | -4.0% | -14.9% | - | 8.1% | 28.6% | 40.8% | - |
| Operating income growth (YoY) | -53.2% | - | -2.2% | 11.8% | -32.5% | - | 3.8% | 11.1% | 98.5% | - |
| Net income growth (YoY) | -61.6% | - | 8.8% | 21.5% | -37.5% | - | -1.9% | -3.7% | 102.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 56.5% | - | - | - | 4.5% | - | - | - | -1338.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.5% | 9.1% | 10.6% | 13.5% | 10.7% | 12.1% | 15.8% | 15.5% | 17.8% | 16.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$7.32B totalAccess$4.42B · 60.4%
Vocational Segment$2.81B · 38.5%
Transport$67.00M · 0.9%
Corporate And Other$19.20M · 0.3%
Product / service
$10.32B totalAerial Works Platforms$2.19B · 21.3%
Defense Product$1.63B · 15.8%
Municipal Fire Apparatus$1.52B · 14.7%
Other Access Equipment$1.16B · 11.2%
Telehandlers$1.14B · 11.1%
Airport Products$975.30M · 9.5%
Refuse And Recycling Vehicles$743.90M · 7.2%
Other Vocational$491.50M · 4.8%
Delivery Vehicles$468.70M · 4.5%
Geographic
$4.49B totalUS$3.49B · 77.6%
EMEA$595.50M · 13.2%
Rest Of World$221.30M · 4.9%
Other North America$191.40M · 4.3%
Peer comparison
Same SIC group: Motor Vehicles & Passenger Car Bodies
Comparing OSHKOSH CORP against the 5 most active filers in the same SIC group.
Dividends
$2.16/share trailing 12 months · +11.3% YoY
| Ex-date | Per share |
|---|---|
| May 26, 2026 | $0.5700 |
| Feb 17, 2026 | $0.5700 |
| Nov 17, 2025 | $0.5100 |
| Aug 19, 2025 | $0.5100 |
| May 16, 2025 | $0.5100 |
| Feb 14, 2025 | $0.5100 |
| Nov 15, 2024 | $0.4600 |
| Aug 16, 2024 | $0.4600 |
| May 10, 2024 | $0.4600 |
| Feb 14, 2024 | $0.4600 |
| Nov 10, 2023 | $0.4100 |
| Aug 16, 2023 | $0.4100 |
| May 12, 2023 | $0.4100 |
| Feb 15, 2023 | $0.4100 |
| Nov 10, 2022 | $0.3700 |
| Aug 12, 2022 | $0.3700 |
| May 12, 2022 | $0.3700 |
| Feb 10, 2022 | $0.3700 |
| Nov 12, 2021 | $0.3700 |
| Aug 13, 2021 | $0.3300 |
| May 13, 2021 | $0.3300 |
| Feb 11, 2021 | $0.3300 |
| Nov 13, 2020 | $0.3300 |
| Aug 14, 2020 | $0.3000 |