Financials · OSK

Oshkosh Corporation (Holding Company) (OSK) financials

For the twelve months ended Sep 30, 2026, Oshkosh Corporation (Holding Company) reported $10.76B of revenue and $498.50M of net income.

Revenue, TTM
$10.76B
Revenue growth, YoY
+4.2%
Net income, TTM
$498.50M
Net income growth, YoY
-25.2%
Net margin
4.6%
Free cash flow, TTM
$973.50M
EPS, diluted, TTM
$7.92
EPS growth, YoY
-22.7%
Cash
$558.00M
Total debt
$1.10B
P/E
17.11
P/S
0.79
Market cap
$8.53B
Annual revenue$10.42B
FY2016FY2025
Annual net income$647.00M
FY2016FY2025
Annual free cash flow$618.00M
FY2016FY2025

OSK revenue and earnings growth

OSK revenueQ3 2026$2.84B

Quarter YoY
+5.7%
QoQ
-2.5%
FY YoY
-2.9%

OSK revenue was $2.84B in fiscal Q3 2026 (ended Sep 30, 2026), up 5.7% from a year earlier and down 2.5% from the prior quarter. For the full fiscal 2025 it was $10.42B, down 2.9% from fiscal 2024. It rose in 2 of the last 3 fiscal years.

OSK net incomeQ3 2026$138.40M

Quarter YoY
-29.5%
QoQ
-24.5%
FY YoY
-5.0%

OSK net income was $138.40M in fiscal Q3 2026 (ended Sep 30, 2026), down 29.5% from a year earlier and down 24.5% from the prior quarter. For the full fiscal 2025 it was $647.00M, down 5.0% from fiscal 2024. It rose in 2 of the last 3 fiscal years.

OSK EPSQ3 2026$2.22

Quarter YoY
-27.0%
QoQ
-24.0%
FY YoY
-3.2%

OSK diluted EPS was $2.22 in fiscal Q3 2026 (ended Sep 30, 2026), down 27.0% from a year earlier and down 24.0% from the prior quarter. For the full fiscal 2025 it was $10.02, down 3.2% from fiscal 2024.

OSK free cash flowQ3 2026$274.70M

Quarter YoY
-39.0%
QoQ
-21.0%
FY YoY
+129.7%

OSK free cash flow was $274.70M in fiscal Q3 2026 (ended Sep 30, 2026), down 39.0% from a year earlier and down 21.0% from the prior quarter. For the full fiscal 2025 it was $618.00M, up 129.7% from fiscal 2024. It rose in 1 of the last 3 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue$10.42B$10.73B$9.66B$8.28B$7.74B$6.86B$8.38B$7.71B$6.83B$6.28B
Cost of revenue$8.60B$8.76B$7.98B$7.23B$6.47B$5.74B$6.86B$6.35B$5.65B$5.22B
Gross profit$1.82B$1.97B$1.68B$1.05B$1.27B$1.12B$1.52B$1.36B$1.18B$1.06B
Research and development$173.70M$169.10M$133.60M$113.40M$103.10M$103.90M$99.00M$99.30M$98.00M$103.10M
Selling, general and admin$818.70M$852.40M$810.40M$662.80M$666.50M$620.60M$683.50M$664.30M$664.70M$612.40M
Operating income$939.50M$1.01B$837.60M$372.30M$592.10M$484.80M$797.00M$656.00M$470.30M$364.00M
Pre-tax income$842.00M$903.00M$797.60M$275.60M$545.30M$435.20M$750.70M$594.60M$411.30M$307.00M
Income tax$191.50M$210.00M$190.00M$97.50M$36.40M$111.90M$171.30M$123.80M$127.20M$92.40M
Net income$647.00M$681.40M$598.00M$173.90M$508.90M$321.50M$579.40M$471.90M$285.60M$216.40M
EPS, basic$10.08$10.41$9.15$2.65$7.43$4.72$8.30$6.38$3.82$2.94
EPS, diluted$10.02$10.35$9.08$2.63$7.35$4.67$8.21$6.29$3.77$2.91
Diluted shares64.6M65.8M65.9M66.1M69.2M68.8M70.6M75.0M75.8M74.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Cash and equivalents$479.80M$204.90M$125.40M$805.90M$1.38B$582.90M$448.40M$454.60M$447.00M$321.90M
Receivables$1.46B$1.25B$1.32B$1.16B$1.02B$857.60M$1.08B$1.29B$1.31B$1.02B
Inventory$2.38B$2.27B$2.13B$1.87B$1.41B$1.51B$1.25B$1.23B$1.20B$979.80M
Current assets$5.17B$4.53B$4.48B$4.53B$4.56B$3.54B$3.41B$3.27B$3.04B$2.42B
Goodwill$1.45B$1.41B$1.42B$1.04B$1.05B$1.01B$995.70M$1.01B$1.01B$1.00B
Total assets$10.07B$9.42B$9.13B$7.73B$7.04B$5.82B$5.57B$5.29B$5.10B$4.51B
Current liabilities$2.66B$2.99B$3.09B$2.43B$2.15B$1.59B$1.74B$1.69B$1.68B$1.37B
Short-term debt$600.0K$362.30M$175.00M$9.70M-$5.20M-$0$23.00M$20.00M
Long-term debt$1.10B$599.50M$597.50M$595.00M$818.80M$817.90M$819.00M$818.00M$807.90M$826.20M
Total debt$1.10B$961.80M$772.50M$604.70M$818.80M$823.10M$819.00M$818.00M$830.90M$846.20M
Total liabilities$5.54B$5.27B$5.42B$4.54B$3.68B$2.89B$2.97B$2.78B$2.79B$2.54B
Shareholders' equity$4.53B$4.15B$3.71B$3.19B$3.36B$2.92B$2.60B$2.51B$2.31B$1.98B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Operating cash flow$783.40M$550.10M$599.60M$601.30M$1.22B$327.30M$568.30M$436.30M$246.50M$583.90M
Capital expenditures$165.40M$281.00M$325.30M$269.50M$104.40M$112.30M$147.60M$95.30M$85.80M$92.50M
Free cash flow$618.00M$269.10M$274.30M$331.80M$1.12B$215.00M$420.70M$341.00M$160.70M$491.40M
Investing cash flow-$204.90M-$388.80M-$1.29B-$300.40M-$245.60M-$77.60M-$153.00M-$90.40M-$65.20M-$89.20M
Financing cash flow-$315.90M-$75.10M$3.40M-$485.00M-$180.40M-$115.50M-$421.60M-$338.90M-$44.80M-$222.00M
Dividends paid$130.40M$120.00M$107.20M$97.30M$90.40M$81.80M$75.50M$71.20M$62.80M$55.90M
Share repurchases$278.00M$116.00M$22.50M$155.00M$107.80M$40.80M$357.40M$257.00M$4.80M$106.30M
Stock-based compensation$38.00M$38.10M$31.90M$28.60M$27.20M$29.30M$29.00M$26.70M$22.40M$18.70M
Depreciation and amortization$224.10M$200.10M$159.90M$107.60M$104.00M$104.20M$115.20M$120.50M$130.30M$128.80M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue growth, YoY-2.9%11.1%16.6%7.0%12.8%-18.2%8.8%12.8%8.8%3.0%
Net income growth, YoY-5.0%13.9%243.9%-65.8%58.3%-44.5%22.8%65.2%32.0%-5.5%
EPS growth, YoY-3.2%14.0%245.2%-64.2%57.4%-43.1%30.5%66.8%29.6%0.3%
Gross margin17.5%18.4%17.4%12.7%16.4%16.3%18.1%17.6%17.3%16.8%
Operating margin9.0%9.4%8.7%4.5%7.7%7.1%9.5%8.5%6.9%5.8%
Net margin6.2%6.4%6.2%2.1%6.6%4.7%6.9%6.1%4.2%3.4%
Free cash flow margin5.9%2.5%2.8%4.0%14.4%3.1%5.0%4.4%2.4%7.8%
Return on equity14.3%16.4%16.1%5.5%15.2%11.0%22.3%18.8%12.4%10.9%
Return on assets6.4%7.2%6.6%2.2%7.2%5.5%10.4%8.9%5.6%4.8%
Current ratio1.941.521.451.872.122.231.961.931.811.77
Debt to equity0.240.230.210.190.240.280.320.330.360.43

Source: XBRL data Oshkosh Corporation (Holding Company) files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

OSK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
OSK$10.76B+4.2%$498.50M4.6%$8.53B
TSLA$103.57B+8.3%$3.22B3.1%$1.49T
TM¥50.68T+5.5%¥3.85T7.6%$284.80B
RACE€7.15B+7.0%€1.60B22.3%$98.00B
GM$186.95B-0.3%$4.08B2.2%$75.62B
PCAR$29.08B-1.5%$2.76B9.5%$55.67B
F$186.97B-1.4%-$7.79B-4.2%$50.00B
HMC¥21.80T+0.5%-¥423.94B-1.9%$46.50B
RIVN$6.48B+11.1%-$2.98B-45.9%$20.45B

OSK FAQ

9 questions
  • What is OSK revenue?
    Oshkosh Corporation (Holding Company) (OSK) reported $10.76B of revenue for the twelve months ended Sep 30, 2026. That is up 4.2% from the year before. Revenue for fiscal 2025 was $10.42B.
  • Is OSK profitable?
    Yes. Oshkosh Corporation (Holding Company) earned $498.50M in net income for the twelve months ended Sep 30, 2026, a net margin of 4.6%.
  • How much cash and debt does OSK have?
    Oshkosh Corporation (Holding Company) reported $558.00M in cash and cash equivalents and $1.10B of debt on its most recent balance sheet in SEC filings.
  • How fast is OSK revenue growing?
    Oshkosh Corporation (Holding Company)'s revenue changed -2.9% in fiscal 2025, to $10.42B.
  • What is OSK gross margin?
    Oshkosh Corporation (Holding Company)'s gross profit was $1.66B on $10.76B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 15.4%.
  • What is OSK free cash flow?
    Oshkosh Corporation (Holding Company) generated $973.50M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.13B less capital expenditures.
  • What is OSK earnings per share?
    Diluted earnings per share were $7.92 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did OSK last report financial results?
    The latest statements here come from Oshkosh Corporation (Holding Company)'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
  • Where does this OSK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Oshkosh Corporation (Holding Company) files with the SEC. It is provided for information only and is not investment advice.