Profit recovered from an unusually weak FY Dec 2022.Since FY Dec 2022 (an unusually weak year for operating profit): revenue +26%, operating profit +152%.Since FY Dec 2022: revenue +26%, operating profit +152%.
Since FY Dec 2022, Oshkosh's revenue grew 26% while operating profit grew 152%: each extra dollar of sales is adding more profit.
Share count shrinking. Shares outstanding down 5.7% from December 2022 to July 2026.
Oshkosh had 5.7% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Cash flow well above reported profit. Free cash flow is 2.1× reported profit.
Free cash flow is 2.1× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.
More volatile share price. Beta 1.26: tends to move more than the market.
Oshkosh's shares have swung more with the market than most peers' (beta 1.26, above the market's 1.0).
StockQuotient Score
54/ 100▼ 1 since Oct 27 closeOct 5 55 → Nov 4 54 (-1)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 80 → 77
Share price +6.4%-2
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Score 63 → 62
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Oshkosh
Is Oshkosh getting weaker?
Its latest SEC filing (Jul 28, 2026) showed no major changes. Its overall score is 54/100, down 1 since Oct 28, 2026.
How is Oshkosh valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 77/100 against 2,459 industrials peers.Free cash flow yield 13.2% vs a peer median of 3.7% (stronger than 88% of peers).Free cash flow yield 13.2% vs peers 3.7% (stronger than 88% of peers).
Is Oshkosh growing?
At about the same pace as its peers. Growth scores 41/100 against 2,459 industrials peers.Earnings per share growth -11.3% vs a peer median of 7.1% (weaker than 70% of peers).Earnings per share growth -11.3% vs peers 7.1% (weaker than 70% of peers).
How profitable is Oshkosh?
More profitable than most of its peers. Profitability scores 62/100 against 2,459 industrials peers.Return on assets 5.5% vs a peer median of 3.1% (stronger than 74% of peers).Return on assets 5.5% vs peers 3.1% (stronger than 74% of peers).
How risky is Oshkosh?
Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Debt / equity 0.24× vs a peer median of 0.40× (stronger than 64% of peers).Debt / equity 0.24× vs peers 0.40× (stronger than 64% of peers).Beta 1.26 vs a peer median of 0.64 (weaker than 87% of peers).Beta 1.26 vs peers 0.64 (weaker than 87% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 28, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
10.4B USD
10.6B USD
+1.8%
Net income (12 months)
577.9M USD
556.3M USD
−3.7%
Operating margin
8.1%
7.5%
−0.6 pts
Free cash flow (12 months)
864.1M USD
1.2B USD
+34.6%
Debt
1.1B USD
1.1B USD
−3.8%
Cash
250.3M USD
403.6M USD
+61.2%
Shares outstanding
62.4M
61.7M
−1.0%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
Oshkosh looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Farm & Heavy Construction Machinery companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY Sep 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
16.4%
12.7%
17.4%
18.4%
17.5%
▼ 0.9 pts
Operating margin
7.7%
4.5%
8.7%
9.4%
9.0%
▼ 0.4 pts
Net margin
6.6%
2.1%
6.2%
6.4%
6.2%
▼ 0.1 pts
Return on assets (ROA)
7.2%
2.2%
6.6%
7.2%
6.4%
▼ 0.8 pts
Return on equity (ROE)
15.2%
5.5%
16.1%
16.4%
14.3%
▼ 2.1 pts
Free cash flow margin
14.4%
4.0%
2.8%
2.5%
5.9%
▲ 3.4 pts
Current ratio
2.12×
1.87×
1.45×
1.52×
1.94×
▲ 28%
Quick ratio
1.46×
1.10×
0.76×
0.76×
1.05×
▲ 38%
Debt to equity
0.24×
0.19×
0.21×
0.23×
0.24×
▲ 4.9%
OSK price history
Price history is added with the daily price update and will appear after the next one.