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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 Corporation reports strong Q3 results with sales of $2.51 billion, up 21% and diluted earnings per share of $2.79. Raises expectations for fiscal 2023 sales and earnings.
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Frank Nerenhausen, executive vice president and president of the Access segment at Oshkosh Corporation, will retire effective November 13, 2023, after more than 37 years with the company. Mahesh Narang has been appointed as his successor. Narang is an accomplished global executive with experience in driving growth and operational excellence. He will be responsible for advancing strategic initiatives and developing purpose-built vehicles and equipment.
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Oshkosh Corporation to release Q3 2023 financial results on October 26, 2023
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Oshkosh Corporation announces strategic partnership with Manufacture 2030 to establish science-based targets.
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Oshkosh Defense selected for Phase I of the Robotic Combat Vehicle program by the U.S. Army
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Oshkosh Corporation named one of the World’s Most Trustworthy Companies by Newsweek, ranking No. 19 globally and No. 1 in the USA in the Vehicles & Components Services category.
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IperionX signs Test Services Agreement with U.S. Army; focuses on metal characterization and ballistic testing of high-strength titanium plate components. Aims to re-shore titanium supply chain to the U.S. and reduce reliance on imports. Positive impact on stock price expected.
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Oshkosh Corporation to participate in fireside chat at Jefferies 2023 Industrials Conference.
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JBT Corporation reports second quarter results, including a 9% increase in revenue from continuing operations and a 34% increase in adjusted EBITDA. The company completed the sale of AeroTech to Oshkosh Corporation for $800 million, positioning JBT as a pure-play food and beverage solutions provider.
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Oshkosh Corporation (NYSE: OSK) reported Q2 net income of $175.0 million, sales of $2.41 billion (up 17%), and diluted EPS of $2.67. The company raised fiscal 2023 sales and earnings expectations and completed the acquisition of JBT AeroTech.
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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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