Oshkosh Corp
NYSE:OSK

Watchlist Manager
Oshkosh Corp Logo
Oshkosh Corp
NYSE:OSK
Watchlist
Price: 128.65 USD -0.13%
Market Cap: 8.1B USD

Oshkosh Corp
Investor Relations

In the bustling world of specialized industrial manufacturing, Oshkosh Corporation has carved out a robust niche, evolving from its humble beginnings in Oshkosh, Wisconsin, to becoming a powerhouse in the production of heavy-duty vehicles and equipment. Founded in 1917, the company made its mark with innovations in four-wheel-drive technology, setting a precedent for durable and reliable performance. Over the decades, Oshkosh has strategically expanded its reach across defense, access equipment, fire and emergency, and commercial segments, ensuring a steady stream of diversified income. This diversification acts as a stabilizing force, insulating the company from sector-specific downturns while allowing it to capitalize on expansive markets such as defense contracts and construction equipment.

Oshkosh's revenue engine is powered by its strong commitment to producing high-quality, mission-critical vehicles and equipment, which serve a variety of industries. In defense, Oshkosh Defense is renowned for designing and manufacturing military vehicles, including the Joint Light Tactical Vehicle (JLTV), which meets rigorous demands for security and adaptability. Likewise, its access equipment segment, led by the JLG brand, supplies leading edge aerial work platforms and telehandlers that are indispensable to construction firms worldwide. The company’s expertise in customization and engineering prowess ensures that Oshkosh remains highly valuable to its clients, enabling the corporation to maintain significant market share across its diverse business lines. Through a blend of innovation and strategic acquisitions, Oshkosh continues to hone its competitive edge, securing its position as an indispensable player in the field of specialty vehicles and equipment.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

EPS Guidance Lowered: Oshkosh revised its 2025 adjusted EPS guidance down to $10.50–$11, citing softer demand in Access and Transport segments.

Revenue Down Slightly: Third quarter revenue was $2.7 billion, down 2% year-on-year due to weaker Access sales, partially offset by growth in Vocational and Transport.

Margins Remain Solid: Adjusted operating margin held steady at 10.2% despite lower sales, supported by strong Vocational and double-digit Access margins.

Tariff Headwinds: Tariffs impacted Q3 results and are expected to cost $30–$40 million in 2025, with mitigation strategies and price increases planned for 2026.

Strong Free Cash Flow: Free cash flow reached $464 million in Q3, up from $272 million last year, driven by working capital improvements.

NGDV Ramp Challenges: Production ramp for new postal vehicles (NGDV) was slower than expected, but full-rate production is still targeted by year-end.

Share Buybacks: Company repurchased $91 million in shares this quarter, bringing year-to-date buybacks to $159 million.

Long-Term Growth Target: Management reiterated its goal to nearly double EPS to $18–$22 by 2028.

Key Financials
Revenue
$2.7 billion
Adjusted Operating Margin
10.2%
Adjusted Operating Income
$274 million
Adjusted EPS
$3.20
Free Cash Flow
$464 million
Share Repurchases
$91 million in Q3; $159 million year-to-date
Access Segment Sales
$1.1 billion
Access Operating Margin
11%
Vocational Segment Sales
$968 million
Vocational Operating Margin
15.6%
Transport Segment Sales
$588 million
Transport Operating Margin
6.2%
Delivery Vehicle Revenue
$146 million
Vocational Segment Orders
$1.1 billion
Tariff Costs
$30 million to $40 million in 2025
Earnings Call Recording
Other Earnings Calls

Management

Mr. John C. Pfeifer
President, CEO & Director
No Bio Available
Mr. James Christopher Freeders
Principal Accounting Officer, Senior VP of Finance & Controller
No Bio Available
Ms. Jayanthi Iyengar
Executive VP and Chief Technology & Strategic Sourcing Officer
No Bio Available
Mr. Anupam Khare
Senior VP & Chief Information Officer
No Bio Available
Mr. Patrick N. Davidson
Senior Vice President of Investor Relations
No Bio Available
Mr. Bryan K. Brandt
Senior VP & Chief Marketing Officer
No Bio Available
Mr. Timothy S. Bleck
Senior VP & President of Defense
No Bio Available
Mr. John Verich
Senior VP & Treasurer
No Bio Available

Contacts

Address
WISCONSIN
Oshkosh
1917 Four Wheel Drive, 2307 Oregon St
Contacts
+19205023400.0
www.oshkoshcorp.com