OSK
IndustrialsOshkosh Corporation · Industrial - Machinery · $8B
What is Oshkosh Corporation?
Oshkosh Corporation is a global designer and manufacturer of specialty vehicles and vehicle bodies, serving defense, construction, emergency response, and commercial markets. Headquartered in Oshkosh, Wisconsin, the company operates across four distinct business segments.
Oshkosh generates revenue by engineering and selling purpose-built vehicles across four segments. Its Access Equipment segment produces aerial work platforms and telehandlers for construction and industrial use. The Defense segment supplies tactical wheeled vehicles to the U.S. Department of Defense. Fire & Emergency delivers custom firefighting apparatus and emergency response vehicles to municipalities and airports. The Commercial segment rounds out the portfolio with concrete mixers, refuse collection vehicles, and field service equipment.
Oshkosh Corporation was incorporated in 1985 and is headquartered in Oshkosh, Wisconsin.
- Aerial work platforms and telehandlers for construction and industrial applications
- Heavy and medium tactical wheeled vehicles for defense customers
- Custom firefighting trucks and emergency response apparatus
- Concrete mixers and refuse collection vehicles for commercial fleets
- Aircraft rescue, snow removal, and specialty airport vehicles
Is OSK a Good Stock to Buy?
UQS Score rates OSK as Good overall, reflecting a balanced profile across its five analytical pillars.
The Risk pillar stands out as a relative strength, suggesting the business carries a manageable financial and operational risk profile compared to many industrial peers. Valuation is rated Attractive, meaning the market may not be fully pricing in the company's fundamentals — a notable signal for value-oriented investors.
Quality, Moat, and Growth are each rated Neutral, indicating that while Oshkosh is a capable operator, it does not yet demonstrate a commanding competitive advantage or standout earnings trajectory relative to sector leaders.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does OSK pay dividends?
Yes — Oshkosh Corporation pays a dividend.
Oshkosh pays a regular dividend, making it relevant for income-oriented investors within the industrials sector. The company's relatively stable government and municipal contract base provides a degree of cash flow predictability that supports ongoing distributions. Investors should review the current yield and payout schedule directly on Oshkosh's investor relations page, as rates can change.
When does OSK report earnings?
Oshkosh Corporation reports earnings on a quarterly cadence, consistent with standard practice for U.S.-listed industrial companies.
Results across Oshkosh's segments can vary meaningfully depending on defense contract timing, municipal budget cycles, and construction activity levels. The Access Equipment segment in particular tends to reflect broader capital spending trends in the construction industry.
For the most recent quarter's results and guidance, visit Oshkosh Corporation's official investor relations page.
OSK Price History
+23.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Oshkosh Corporation?
Based on Oshkosh Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
OSK Long-term Outlook
With Growth and Quality both rated Neutral, Oshkosh's near-term trajectory appears steady rather than accelerating. The Attractive Valuation rating suggests the stock may offer a reasonable entry point relative to its fundamentals. The Good Risk rating provides some confidence that the business is not carrying outsized financial strain, which supports a more stable fundamental outlook even in a slower-growth environment.
Growth drivers
- Ongoing U.S. defense modernization programs supporting tactical vehicle demand
- Infrastructure investment trends driving access equipment and concrete mixer volumes
- Municipal fleet replacement cycles benefiting fire and emergency apparatus sales
Key risks
- Defense budget uncertainty and contract timing variability
- Cyclical exposure in construction-linked access equipment demand
- Input cost pressures and supply chain complexity across multiple vehicle platforms
OSK vs Peers
Oshkosh competes across several industrial niches, with its closest publicly traded peers spanning agricultural equipment, construction machinery, and lifting solutions.
AGCO focuses primarily on agricultural machinery and precision farming technology, a market largely distinct from Oshkosh's defense and emergency vehicle focus.
CNH Industrial operates across both agricultural and construction equipment globally, giving it broader geographic and end-market exposure than Oshkosh.
Terex competes most directly with Oshkosh in aerial work platforms and lifting equipment, making it the closest peer in the access equipment segment.
Frequently Asked Questions
What does Oshkosh Corporation do?
Oshkosh Corporation designs and manufactures specialty vehicles across four segments: Access Equipment (aerial platforms and telehandlers), Defense (tactical military vehicles), Fire & Emergency (firefighting and rescue apparatus), and Commercial (concrete mixers and refuse trucks). The company serves government, municipal, and commercial customers worldwide.
Does OSK pay dividends?
Yes, Oshkosh Corporation pays a regular dividend. The company's mix of government contracts and municipal customers provides a degree of cash flow stability that supports ongoing dividend payments. For the current yield and payment schedule, check Oshkosh's investor relations page directly.
When does OSK report earnings?
Oshkosh reports earnings on a quarterly basis, in line with standard U.S. equity market practice. Exact dates shift each quarter, so investors should monitor the company's investor relations page or financial calendars for upcoming announcements.
Is OSK a good stock to buy?
UQS Score rates OSK as Good overall. The Attractive Valuation and Good Risk ratings are notable positives, while Quality, Moat, and Growth are each Neutral. Whether it fits your portfolio depends on your investment goals — the full pillar breakdown is available to UQS Pro members.
Is OSK overvalued?
UQS Score's Valuation pillar rates OSK as Attractive, suggesting the stock is not considered overpriced relative to its fundamentals at the time of scoring. Valuation assessments can shift with market conditions, so reviewing the full analysis regularly is worthwhile.
How does OSK compare to its competitors?
Oshkosh's closest peers include Terex in aerial work platforms, AGCO in industrial equipment, and CNH Industrial across construction machinery. Oshkosh's unique combination of defense contracts and emergency vehicle manufacturing sets it apart from pure-play construction equipment companies. See the competitor comparison section for more detail.
What is OSK's market cap bracket?
Oshkosh Corporation is classified as a mid-cap company. This places it in a segment of the market that typically offers more growth potential than mega-cap industrials while carrying more institutional coverage and liquidity than small-cap peers.
Who founded Oshkosh Corporation?
Oshkosh Corporation has roots going back to the early twentieth century as a Wisconsin-based vehicle manufacturer, though its current corporate structure was formalized in 1985. Detailed founding history is widely available through the company's official website and public filings.
Is OSK a long-term quality stock?
As a long-term quality indicator, OSK's Good UQS Score reflects a stable but not exceptional profile. The Good Risk rating and Attractive Valuation are encouraging for patient investors, while the Neutral readings on Quality and Moat suggest the company has room to strengthen its competitive position over time.
What is the main competitive advantage of Oshkosh Corporation?
Oshkosh benefits from deep specialization in purpose-built vehicles for demanding applications — defense, firefighting, and construction — where regulatory requirements, safety standards, and long procurement cycles create meaningful barriers for new entrants. Its established relationships with the U.S. Department of Defense and municipal buyers add further durability.
What sector does OSK belong to?
Oshkosh Corporation belongs to the Industrials sector, specifically within specialty vehicle manufacturing. Its revenue is tied to government defense spending, municipal infrastructure budgets, and private construction activity — giving it a diversified but cyclically sensitive revenue base.
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Pro Analysis
OSK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 58.8 | 56.4 | 42.0 | 49.4 | 65.4 | 97.0 | +0.2 |
| May 7, 2026 | 58.6 | 56.4 | 42.0 | 48.8 | 68.5 | 93.3 | -0.1 |
| May 3, 2026 | 58.7 | 56.4 | 42.0 | 48.8 | 68.5 | 93.7 | -0.1 |
| Apr 26, 2026 | 58.8 | 56.4 | 42.0 | 48.8 | 68.5 | 94.8 | -0.1 |
| Apr 21, 2026 | 58.9 | 56.4 | 42.0 | 48.8 | 68.5 | 95.4 | -0.1 |
| Apr 19, 2026 | 59.0 | 56.4 | 42.0 | 48.9 | 68.5 | 95.5 | +0.2 |
| Apr 15, 2026 | 58.8 | 56.4 | 42.0 | 48.9 | 68.5 | 94.7 | +0.2 |
| Apr 14, 2026 | 58.6 | 56.4 | 42.0 | 47.8 | 68.5 | 94.7 | 0.0 |
| Apr 12, 2026 | 58.6 | 56.4 | 42.0 | 47.8 | 68.5 | 94.5 | -0.2 |
| Apr 11, 2026 | 58.8 | 56.4 | 42.0 | 47.8 | 68.5 | 95.8 | +0.1 |
OSK — Pillar Breakdown
Quality
— 56.4/100 (25%)Oshkosh Corporation shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 49.4/100 (20%)Oshkosh Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 65.4/100 (15%)Oshkosh Corporation maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 96.9/100 (15%)Oshkosh Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 42/100 (25%)Oshkosh Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for OSK.
Score Composition
Financial Data
More Stock Analysis
How is the OSK UQS Score Calculated?
The UQS (Unified Quality Score) for Oshkosh Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Oshkosh Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Oshkosh Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.