Oshkosh vs Terex
Oshkosh is the larger business, with $10.42bn of revenue in fiscal 2025 against $5.42bn for Terex (1.9 times as much). Terex grew faster (5.7% against -2.9%). Oshkosh kept more of each dollar of sales as profit: a net margin of 6.2% against 4.1%.
| Latest fiscal year | OshkoshOSK, 2025 | TerexTEX, 2025 |
|---|---|---|
| Revenue | $10.42bn | $5.42bn |
| Revenue growth | -2.9% | 5.7% |
| Net income | $647m | $221m |
| Operating margin | — | 8.8% |
| Net margin | 6.2% | 4.1% |
| Return on equity | 14.9% | 11.3% |
| Free cash flow | $618m | $322m |
| Cash | $480m | $772m |
| Total debt | $1.10bn | $2.59bn |
| Debt to equity | — | 123.7% |
| Dividend per share | $2.04 | — |
| Dividend yield | 1.6% | 1.1% |
| Share buybacks | $278m | $56.0m |
| Employees | 18,400 | 10,700 |
| Market value | $8.72bn | $6.58bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 57 (Moderate) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 5 sales | 0 buys, 6 sales |