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Oshkosh Truck - OSK STOCK NEWS

Welcome to our dedicated page for Oshkosh Truck news (Ticker: OSK), a resource for investors and traders seeking the latest updates and insights on Oshkosh Truck stock.

Oshkosh Corporation (symbol: OSK) is a renowned manufacturer and marketer specializing in access equipment, specialty vehicles, and truck bodies serving primary markets such as defense, concrete placement, refuse hauling, access equipment, and fire & emergency services. The company's leading brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Jerr-Dan, CON-E-CO, and London, each a leader in their respective industries.

Founded over a century ago, Oshkosh has built a solid reputation as a top producer of access equipment and specialty vehicles. JLG is celebrated for its diverse product portfolio, including JLG® aerial work platforms and SkyTrak® and Lull® telehandlers. The Pierce® brand positions Oshkosh as North America's foremost fire truck manufacturer. The company's defense vehicles are widely utilized, making it a global leader in this category.

Oshkosh's McNeilus® concrete mixers are the preferred choice among concrete producers, and its refuse collection bodies dominate the market. Jerr-Dan, another significant brand, is a top name in towing and recovery equipment. Additionally, CON-E-CO is a leading U.S. manufacturer of concrete batch plants, while London is Canada's preeminent concrete mixer manufacturer.

In recent years, Oshkosh has focused on innovation and sustainability, as seen in its US Postal Service contract to electrify postal vehicles. Despite losing the JLTV recompete for the U.S. Department of Defense, the company remains a pivotal player in the defense segment, accounting for 22% of its revenue. The access equipment segment contributes 52% of revenue, while the vocational segment, covering concrete mixers and refuse collection bodies, accounts for 27%.

Oshkosh's financial performance has been robust, generating $9.6 billion in revenue in 2023. The company continues to pursue strategic partnerships and projects that enhance its market position and meet evolving customer needs.

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Oshkosh (NYSE: OSK) has announced its participation in Citi's 2025 Global Industrial Tech and Mobility Conference. The company's president and CEO John Pfeifer, along with executive vice president and CFO Matthew Field, will engage in a fireside chat scheduled for February 19, 2025, at 1:00 p.m. EST.

The presentation will be accessible through a live webcast on the company's website at oshkoshcorp.com, with a replay available approximately 2 hours after the event concludes. Oshkosh , headquartered in Wisconsin, employs over 18,000 team members worldwide and operates in more than 150 countries through various brands including JLG®, Pierce®, MAXIMETAL, McNeilus®, and Oshkosh® Defense.

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Oshkosh (NYSE: OSK) reported strong Q4 2024 results with sales of $2.62 billion, up 6.3% year-over-year. The company achieved Q4 net income of $153.1 million ($2.33 per share) and adjusted earnings of $169.3 million ($2.58 per share).

The Vocational segment showed impressive growth with a 19.8% revenue increase, while Access segment remained flat and Defense segment maintained steady performance. Full-year 2024 results included net sales of $10.76 billion and net income of $681.4 million ($10.35 per share).

Looking ahead, Oshkosh initiated 2025 guidance with expected adjusted earnings of approximately $11.00 per share on projected sales of $10.6 billion. The company also announced an 11% increase in quarterly dividend to $0.51 per share.

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Oshkosh (NYSE: OSK) has been named to Fortune's World's Most Admired Companies list for 2025. The recognition comes from a comprehensive survey of top executives and financial analysts across 51 industry groups, evaluating companies on attributes including innovation, social responsibility, management quality, and global competitiveness.

The company, which specializes in purpose-built vehicles and equipment, has also received several other notable recognitions, including placement on the 2024 Dow Jones Sustainability World Index, Newsweek's Most Responsible and Most Trustworthy Companies lists, USA Today's Climate Leaders 2024, and Ethisphere's World's Most Ethical Companies for nine consecutive years.

Headquartered in Wisconsin, Oshkosh employs over 18,000 team members globally and operates in more than 150 countries through various brands including JLG, Pierce, MAXIMETAL, Oshkosh Defense, and McNeilus. The company focuses on manufacturing innovative, mission-critical equipment for everyday heroes advancing communities worldwide.

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Oshkosh (NYSE: OSK) has won a CES Picks Award for its innovative Hail-able Autonomous Refuse Robot – Electric (HARR-E). This autonomous, electric refuse collection robot offers on-demand trash and recycling pickup through a smartphone app or virtual home assistant.

HARR-E uses AI-enabled navigation and advanced sensors to autonomously collect trash and return to a central collection area. Developed by Oshkosh's Pratt Miller business unit, the system aims to complement traditional refuse collection services in modern communities and businesses.

At CES2025, Oshkosh also showcased other innovations including: an all-electric refuse front-loader vehicle, AI-enabled Collision Avoidance Mitigation System for emergency vehicles, and self-driving vehicles with connected solutions like iOPS® and ClearSky Smart Fleet™ technologies.

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Allegiance Trucks has announced an exclusive dealership agreement with McNeilus Truck and Manufacturing, an Oshkosh (NYSE: OSK) business, to distribute refuse and recycling collection vehicles across Vermont, New Hampshire, Maine, Rhode Island, and Massachusetts. The company's new headquarters at 2181 Providence Highway, Walpole, MA, will serve as the central hub for Allegiance Refuse Systems and Allegiance Fire and Rescue divisions.

This partnership expands Allegiance's portfolio of Oshkosh subsidiaries, which already includes Pierce Manufacturing, Jerr-Dan, and Oshkosh Airport Products. The agreement enables Allegiance to offer McNeilus' advanced refuse trucks along with comprehensive sales, parts, and service support through their nationwide service network.

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Oshkosh (NYSE: OSK) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, January 30, 2025. The company will host a live webcast at 9:30 a.m. EST to discuss the results, with presentation slides available on the morning of the event.

Oshkosh , headquartered in Wisconsin, employs over 18,000 team members worldwide and operates in more than 150 countries. The company manufactures mission-critical equipment under various brands including JLG®, Pierce®, MAXIMETAL, Oshkosh® Defense, McNeilus®, and others.

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Oshkosh Defense , a business of Oshkosh (NYSE: OSK), has secured a $29.9 million contract modification from the Marine Corps Systems Command to integrate next-generation autonomous technology into the Remotely Operated Ground Unit for Expeditionary Fires (ROGUE-Fires). Deliveries are set to begin in 2025.

This technology aims to enhance the Marine Corps' operational capabilities by providing increased flexibility, scalability, and resilience in contested environments. The autonomous features reduce the need for human drivers in high-risk combat zones, thereby improving battlefield lethality important for success in the United States Indo-Pacific Command.

Oshkosh Defense will collaborate with Forterra, a key partner in ground-based autonomy, to leverage cutting-edge technology integrated with existing platforms, advancing Force Design 2030 objectives. This partnership underscores Oshkosh's commitment to delivering innovative solutions that meet evolving threats and support the Marine Corps’ modernization priorities, including sea denial capabilities and optimized force design.

Oshkosh Defense is recognized globally for its best-in-class military vehicles and technology solutions, setting industry standards for sustaining fleet readiness.

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Oshkosh (NYSE: OSK) made its debut at CES 2025, showcasing innovative solutions in electrification, AI, autonomy, and connectivity. Key announcements include: an all-electric refuse front-loader vehicle, an autonomous refuse collection robot (HARR-E), and an AI-enabled Collision Avoidance Mitigation System for emergency vehicles.

The company introduced new McNeilus Volterra technologies, including AI-enabled bin detection, an electrified arm that saves up to 45 minutes per day in operation time, and AI-powered contamination detection for recyclables. Additionally, Oshkosh unveiled a driverless cargo handler for airports and the JLG Galileo, an all-electric machine combining boom lift and rotating telehandler functions.

The innovations target various sectors including firefighting, military, postal services, construction, and airport operations, focusing on improving safety, efficiency, and sustainability across these industries.

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Oshkosh (NYSE: OSK) has announced its schedule of Tech Talks for CES 2025, featuring executives from Delta Air Lines, Republic Services, and United Rentals. The 20-minute sessions will showcase how these companies are implementing electrification, AI, autonomy, and connectivity technology in purpose-built vehicles.

The Tech Talks will be held at Oshkosh's booth #5616 in the West Hall of the Las Vegas Convention Center, covering topics such as future airport operations, clean communities, and connected job sites. Key sessions include Delta Air Lines' presentation on ground operations (Jan. 7), Republic Services' discussion on clean communities (Jan. 8), and United Rentals' insights on intelligent job sites (Jan. 9).

Additionally, Oshkosh executives will participate in panel discussions about robotics, AI in automotive, and autonomous solutions. The company's CES booth will showcase innovations in electrification, AI, autonomy, and connectivity, demonstrating how these technologies transform airports, job sites, and neighborhoods.

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Oshkosh (NYSE: OSK) has been named to the 2024 Dow Jones Sustainability World Index (DJSI World) for the sixth consecutive year. This recognition places Oshkosh among the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on economic, environmental, and social criteria.

The company, which employs over 18,000 team members, recently achieved validation from the Science Based Targets initiative (SBTi) for its greenhouse gas emissions reduction targets. Oshkosh has also received multiple recognitions, including being named one of America's Most Responsible Companies by Newsweek and one of the World's Most Ethical Companies by Ethisphere for nine consecutive years.

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FAQ

What is the current stock price of Oshkosh Truck (OSK)?

The current stock price of Oshkosh Truck (OSK) is $103.17 as of February 21, 2025.

What is the market cap of Oshkosh Truck (OSK)?

The market cap of Oshkosh Truck (OSK) is approximately 7.2B.

What does Oshkosh Corporation do?

Oshkosh Corporation manufactures and markets access equipment, specialty vehicles, and truck bodies, serving markets like defense, concrete placement, refuse hauling, and fire & emergency.

What are some of Oshkosh's major brands?

Oshkosh's major brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Jerr-Dan, CON-E-CO, and London.

Which segment of Oshkosh generates the most revenue?

The access equipment segment generates the most revenue, contributing 52% of the total.

What recent projects is Oshkosh involved in?

Oshkosh is involved in the US Postal Service contract to electrify postal vehicles and continues to innovate in its defense and vocational segments.

How did Oshkosh perform financially in 2023?

Oshkosh generated $9.6 billion in revenue in 2023.

Who uses Oshkosh's products?

Oshkosh's products are used by customers in defense, concrete placement, refuse hauling, access equipment, and fire & emergency services.

What differentiates JLG products?

JLG is known for its diverse product portfolio, including JLG® aerial work platforms and SkyTrak® and Lull® telehandlers.

Why is Oshkosh a significant player in the defense market?

Oshkosh is a global leader in manufacturing defense vehicles, although it recently lost the JLTV recompete.

What is a key focus area for Oshkosh's future projects?

A key focus area is the electrification of postal vehicles as part of the US Postal Service contract.

What are some leading products under the McNeilus brand?

McNeilus is known for its concrete mixers and refuse collection bodies, leading the market in both categories.
Oshkosh Truck

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7.18B
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1.96%
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