OSHKOSH CORPORATION Reports Strong Q2 Results for FY2023

August 16, 2023

☀️Earnings Overview

Oshkosh Corporation ($NYSE:OSK) reported total revenues of USD 2413.1 million for the second quarter of their 2023 fiscal year, ending June 30, 2023 – a 16.8% increase from the same period in the prior year. Net income also grew significantly to USD 175.0 million, up from the 26.9 million reported in the same quarter the year before.

Price History

On Tuesday, OSHKOSH CORPORATION announced its Q2 results for the fiscal year 2023, revealing a strong performance for the company. The stock opened at $99.0 and closed at $101.4, representing a 10.1% surge from the last closing price of 92.1. This is a significant jump in the stock price and it is likely to continue to rise if the financial performance of OSHKOSH CORPORATION remains robust. Moreover, the company was able to maintain its cost structure and improve its margins, which is another positive sign.

Overall, OSHKOSH CORPORATION reported a very strong second quarter performance that should encourage investors to stay bullish on the stock. The company’s strong sales of its trucks and military vehicles was the main factor behind the strong financial results, and if this trend continues then OSHKOSH CORPORATION should continue to have a successful fiscal year 2023. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Oshkosh Corporation. More…

    Total Revenues Net Income Net Margin
    8.95k 405.5 4.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Oshkosh Corporation. More…

    Operations Investing Financing
    577.6 -456.6 -168.7
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Oshkosh Corporation. More…

    Total Assets Total Liabilities Book Value Per Share
    8.04k 4.65k 52.02
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Oshkosh Corporation are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    3.5% -3.2% 6.9%
    FCF Margin ROE ROA
    3.1% 11.7% 4.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we provide an in-depth financial analysis of OSHKOSH CORPORATION. Our Risk Rating system offers an impartial assessment of the company’s financial and business aspects. According to our rating, OSHKOSH CORPORATION is a medium risk investment. We believe that analyzing financials is the key to making informed decisions. That’s why we offer an in-depth look into the business and financial areas where potential risks may arise. With our risk rating system, you can make informed decisions about investments and get peace of mind. If you want to learn more about OSHKOSH CORPORATION’s financials, sign up with us and get started today. You can use our system to evaluate the risks associated with each company and make informed decisions about your investments. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company has a strong competitive position in the market, with a wide range of products and a strong brand.

    However, the company faces competition from a number of other companies, including PACCAR Inc, Tadano Ltd, and Wacker Neuson SE.


    PACCAR Inc is a global technology leader in the design, manufacture and customer support of high-performance, energy-efficient diesel engines and electric vehicles. The company’s products are used in a variety of applications including trucking, construction, mining, agriculture, logging and other commercial and industrial applications. PACCAR Inc also provides financial services through its subsidiary, PACCAR Financial Corporation, which offers financing for the purchase of PACCAR products and services.

    – Tadano Ltd ($TSE:6395)

    Tadano Ltd is a Japanese multinational corporation that manufactures and sells construction machinery, cranes, and other equipment. The company has a market cap of 114.35B as of 2022 and a return on equity of 3.54%. Tadano is a leading manufacturer of construction machinery and cranes, and has a strong global presence. The company’s products are used in a variety of industries including construction, mining, forestry, and material handling.

    – Wacker Neuson SE ($OTCPK:WKRCF)

    Wacker Neuson SE is a German company that manufactures construction equipment. The company has a market capitalization of 979.39 million as of 2022 and a return on equity of 9.24%. The company’s products include excavators, loaders, and pavers.


    Oshkosh Corporation has reported strong financial results for the second quarter of FY2023, with total revenue increasing 16.8% compared to the same period in the previous year. Net income also saw a large growth, rising from 26.9 million to 175 million year-on-year. On the same day, the company’s stock price reacted positively to the news, highlighting investor confidence in the company’s performance. With strong indicators like these, Oshkosh Corporation looks to be an attractive investment opportunity for investors, setting up a solid foundation for continued growth in the future.

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