OSHKOSH CORP OSK
Oshkosh Corporation is a global industrial technology company that designs and deploys advanced technologies to empower everyday heroes who build, serve and protect communities around the world. Across construction, firefighting, aviation, refuse collection, defense and delivery industries, we create purpose-built vehicles, equipment and integrated ecosystems that are safe, intuitive and highly productive. As an innovator and integrator, we work directly with our customers to solve real-world challenges – developing and applying breakthrough technologies in autonomy, artificial intelligence, connectivity and electrification. Through these advancements, we make some of the world's toughest jobs safe, efficient, sustainable and connected — delivering measurable impact for the people who depend on us every day.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| R&D | $173.7M | $169.1M | $133.6M | $113.4M | $103.1M | $103.9M | $99.0M | $99.3M | $98.0M | $103.1M |
| SG&A | $818.7M | $852.4M | $810.4M | $662.8M | $666.5M | $620.6M | $683.5M | $664.3M | $664.7M | $612.4M |
| Total operating expenses | $879.5M | $958.7M | $843.2M | $682.1M | $676.1M | $631.6M | $720.4M | $702.6M | $710.5M | $691.8M |
| Operating income | $939.5M | $1.01B | $837.6M | $372.3M | $592.1M | $484.8M | $797.0M | $656.0M | $470.3M | $364.0M |
| Interest expense | $108.9M | $111.9M | $53.8M | $43.9M | $44.7M | $51.8M | $47.6M | $55.6M | $54.9M | $58.3M |
| Pre-tax income | $842.0M | $903.0M | $797.6M | $275.6M | $545.3M | $435.2M | $750.7M | $594.6M | $411.3M | $307.0M |
| Income tax | $191.5M | $210.0M | $190.0M | $97.5M | $36.4M | $111.9M | $171.3M | $123.8M | $127.2M | $92.4M |
| Net income | $647.0M | $681.4M | $598.0M | $173.9M | $508.9M | $321.5M | $579.4M | $471.9M | $285.6M | $216.4M |
| EPS, basic | — | — | — | — | — | — | — | 6.38 | 3.82 | 2.94 |
| EPS, diluted | — | — | — | — | — | — | — | 6.29 | 3.77 | 2.91 |
| Shares, diluted (wtd. avg.) | $64.6M | $65.8M | $65.9M | $66.1M | $69.2M | $68.8M | $70.6M | $75.0M | $75.8M | $74.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $479.8M | $204.9M | $125.4M | $805.9M | $995.7M | $582.9M | $448.4M | $454.6M | $447.0M | $321.9M |
| Receivables | $1.46B | $1.25B | $1.32B | $1.16B | $1.02B | $857.6M | $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 | $979.8M |
| Total current assets | $5.17B | $4.53B | $4.48B | $4.53B | $4.56B | $3.54B | $3.41B | $3.27B | $3.04B | $2.42B |
| Property, plant and equipment | $1.27B | $1.22B | $1.07B | $826.2M | $595.9M | $565.9M | $573.6M | $481.1M | $469.9M | $452.1M |
| Goodwill | $1.45B | $1.41B | $1.42B | $1.04B | $1.05B | $1.01B | $995.7M | $1.01B | $1.01B | $1.00B |
| Other intangibles | $734.8M | $777.6M | $830.2M | $457.0M | $466.8M | $418.2M | $432.3M | $469.4M | $507.8M | $553.5M |
| Total assets | $10.07B | $9.42B | $9.13B | $7.73B | $7.04B | $5.82B | $5.57B | $5.29B | $5.10B | $4.51B |
| Accounts payable | $1.07B | $1.14B | $1.21B | $1.13B | $860.4M | $577.8M | $795.5M | $776.9M | $651.0M | $466.1M |
| Short-term debt | $600.0K | $362.3M | $175.0M | $9.7M | — | $5.2M | — | $0 | $20.0M | $20.0M |
| Total current liabilities | $2.66B | $2.99B | $3.09B | $2.43B | $2.15B | $1.59B | $1.74B | $1.69B | $1.68B | $1.37B |
| Long-term debt | $1.10B | $599.5M | $597.5M | $595.0M | $818.8M | $817.9M | $819.0M | $818.0M | $807.9M | $826.2M |
| Retained earnings | $4.88B | $4.37B | $3.81B | $3.31B | $3.24B | $2.75B | $76.6M | $2.01B | $2.40B | $2.18B |
| Total equity | $4.53B | $4.15B | $3.71B | $3.19B | $3.20B | $2.92B | $2.60B | $2.51B | $2.31B | $1.98B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $783.4M | $550.1M | $599.6M | $601.3M | $1.22B | $327.3M | $568.3M | $436.3M | $246.5M | $583.9M |
| Depreciation and amortisation | $224.1M | $200.1M | $159.9M | $107.6M | $104.0M | $104.2M | $115.2M | $120.5M | $130.3M | $128.8M |
| Stock-based compensation | $38.0M | $38.1M | $31.9M | $28.6M | $27.2M | $29.3M | $29.0M | $26.7M | $22.4M | $18.7M |
| Capital expenditure | $165.4M | $281.0M | $325.3M | $269.5M | $104.4M | $112.3M | $147.6M | $95.3M | $85.8M | $92.5M |
| Investing cash flow | -$204.9M | -$388.8M | -$1.29B | -$300.4M | -$245.6M | -$77.6M | -$153.0M | -$90.4M | -$65.2M | -$89.2M |
| Financing cash flow | -$315.9M | -$75.1M | $3.4M | -$485.0M | -$180.4M | -$115.5M | -$421.6M | -$338.9M | -$44.8M | -$222.0M |
| Dividends paid | $130.4M | $120.0M | $107.2M | $97.3M | $90.4M | $81.8M | $75.5M | $71.2M | $62.8M | $55.9M |
| Buybacks | $278.0M | $116.0M | $22.5M | $155.0M | $107.8M | $40.8M | $357.4M | $257.0M | $4.8M | $106.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-054061.
Others in SIC 3711
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|---|---|---|---|---|
| TSLA | Tesla, Inc. | $1.40T | 327.9x | -2.9% |
| GM | General Motors Co | $77.01B | 26.8x | -2.1% |
| PCAR | PACCAR INC | $65.64B | 27.6x | -15.5% |
| F | FORD MOTOR CO | $58.35B | — | 1.2% |
| RIVN | Rivian Automotive, Inc. / DE | $20.86B | — | 8.4% |
| FSS | FEDERAL SIGNAL CORP /DE/ | $7.28B | 29.7x | 17.1% |
| LCID | Lucid Group, Inc. | $1.84B | — | 67.6% |
| SEV | Aptera Motors Corp | $65.7M | — | — |