Oshkosh vs Wabtec
Oshkosh and Wabtec are similar in size: $10.42bn and $11.17bn of revenue in their latest fiscal years. Wabtec grew faster (7.5% against -2.9%). Wabtec kept more of each dollar of sales as profit: a net margin of 10.5% against 6.2%.
| Latest fiscal year | OshkoshOSK, 2025 | WabtecWAB, 2025 |
|---|---|---|
| Revenue | $10.42bn | $11.17bn |
| Revenue growth | -2.9% | 7.5% |
| Net income | $647m | $1.17bn |
| Operating margin | — | — |
| Net margin | 6.2% | 10.5% |
| Return on equity | 14.9% | 11.0% |
| Free cash flow | $618m | $1.50bn |
| Cash | $480m | $789m |
| Total debt | $1.10bn | $5.57bn |
| Debt to equity | — | — |
| Dividend per share | $2.04 | $1.00 |
| Dividend yield | 1.6% | 0.4% |
| Share buybacks | $278m | $223m |
| Employees | 18,400 | 31,000 |
| Market value | $8.72bn | $49.03bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 57 (Moderate) | 66 (Moderate) |
| Insider trades, 12 months | 0 buys, 5 sales | 0 buys, 132 sales |