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Oshkosh Corp. - OSK STOCK NEWS

Welcome to our dedicated page for Oshkosh news (Ticker: OSK), a resource for investors and traders seeking the latest updates and insights on Oshkosh 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 been named to Fast Company’s list of the World’s Most Innovative Companies of 2024 for its electrification efforts, introducing industry-altering zero-emission vehicles and developing advanced delivery vehicles. Fast Company recognized Oshkosh's focus on customer-centric innovation and technological capabilities in electrification, autonomy, and IoT.
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Oshkosh (NYSE: OSK) has been honored with Foundry’s 2024 CIO 100 Awards for the sixth consecutive year, recognizing its excellence in information technology. The company is among 100 global organizations acknowledged for delivering business value through competitive advantages, process optimization, growth facilitation, and customer relationship enhancement.
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Oshkosh Corporation (NYSE: OSK) will participate in a fireside chat at J.P. Morgan’s 2024 Industrials Conference on March 13, 2024. The event will be webcasted, and interested parties can access it through the company's website.
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Oshkosh Corporation (NYSE: OSK) has been recognized as one of the 2024 World’s Most Ethical Companies® by Ethisphere for the ninth consecutive year. The company's ethical practices, sustainability efforts, and commitment to diversity have earned it this prestigious recognition.
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Oshkosh Corporation (NYSE: OSK) invests in Eatron Technologies, a developer of AI-powered Battery Management Software (BMS) for lithium-ion batteries. The investment aims to enhance safety and optimize performance in Oshkosh's electric vehicle product line.
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Oshkosh Corporation (NYSE: OSK) will participate in a fireside chat at Raymond James’ 45th Annual Institutional Investors Conference on March 4, 2024, at 9:15 a.m. EST. The event will be webcast on www.oshkoshcorp.com.
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Oshkosh Corporation (NYSE: OSK) will participate in a fireside chat at Citi’s 2024 Global Industrial Tech and Mobility Conference. The event is scheduled to start at 1:00 p.m. EST on February 21, 2024, and will be webcast. To access the webcast, please visit www.oshkoshcorp.com prior to the start of the event.
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Oshkosh Corporation (OSK) reports strong fourth-quarter sales of $2.47 billion, a 12% increase from the previous year. The company also announced a 12% increase in quarterly cash dividend to $0.46 per share. The 2023 diluted earnings per share stood at $9.08, with an adjusted earnings per share of $9.98. The company initiated 2024 earnings per share guidance in the range of $9.45 to $10.25. Oshkosh Corporation's president and CEO, John Pfeifer, highlighted strong performance, solid demand, record backlog, and improved supply chains as key factors contributing to the positive outlook for 2024.
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Allison Transmission has been selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle. The Allison eGen Power® 100S e-Axle has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, designed to minimize environmental impact and reduce noise in communities worldwide. Oshkosh recognized the performance, packaging efficiency, reliability, durability, and customer support of Allison's eGen Power 100S architecture, which will extend the range of the electric refuse collection vehicle. This collaboration marks the first time the eGen Power electric axles will be implemented into a vehicle serving refuse collection applications, showcasing Allison's ability to deliver innovative propulsion solutions for various electric applications.
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Oshkosh Corporation (NYSE: OSK) has been recognized as one of America’s Most Responsible Companies by Newsweek for the fifth consecutive year. The company's exceptional track record of corporate responsibility and strong governance has earned it this recognition. Oshkosh has also been named to the Dow Jones Sustainability World Index for five consecutive years and has been recognized as one of America's Greenest and One of the World’s Most Trustworthy Companies by Newsweek, as well as one of FORTUNE’s World’s Most Admired Companies and one of the World’s Most Ethical companies by Ethisphere.
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FAQ

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

The current stock price of Oshkosh (OSK) is $93.84 as of December 20, 2024.

What is the market cap of Oshkosh (OSK)?

The market cap of Oshkosh (OSK) is approximately 6.2B.

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 Corp.

NYSE:OSK

OSK Rankings

OSK Stock Data

6.15B
64.52M
0.76%
93.91%
2.26%
Farm & Heavy Construction Machinery
Motor Vehicles & Passenger Car Bodies
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United States of America
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