OSK vs FSS vs PHIN Stock Comparison

Oshkosh, Federal Signal and Phinia Prices as of Oct 28, 2026 Peers: Industry group
OSK Oshkosh Corp
$138.12 +3.9% 1M +0.4% 1Y
Market cap
$8.54B
P/E
15.5x
Revenue (TTM)
$10.61B
Div. yield
1.61%
Heavy Equipment Industrials
3 wins
FSS Federal Signal Corp /De/
$113.43 -1.4% 1M -9.9% 1Y
Market cap
$6.92B
P/E
24.2x
Revenue (TTM)
$2.45B
Div. yield
0.52%
Heavy Equipment Industrials
5 wins
PHIN Phinia Inc.
$57.65 -5.1% 1M +7.0% 1Y
Market cap
$2.11B
P/E
15.8x
Revenue (TTM)
$3.62B
Div. yield
2.03%
Heavy Equipment Industrials
4 wins

Head to Head

12 decided of 12

Federal Signal leads on 5 of the 12 questions below (Federal Signal 5, Phinia 4, Oshkosh 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionOSKFSSPHINLeader
Larger companyMarket capitalisation $8.54B $6.92B $2.11B OSK
Cheaper on earningsLower P/E, profitable companies only 15.5x 24.2x 15.8x OSK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.8x 23.1x 10.4x PHIN
Faster revenue growthRevenue growth, trailing twelve months +2.2% +24.0% +7.7% FSS
More profitableNet margin, trailing twelve months 5.2% 11.7% 3.7% FSS
Better return on capitalReturn on invested capital 11.4% 15.3% 6.8% FSS
Less leveragedLower net debt / EBITDA 0.7x 0.8x — OSK
Higher dividend yieldTrailing dividend yield 1.61% 0.52% 2.03% PHIN
Better 1-year returnPrice return, last 12 months +0.4% -9.9% +7.0% PHIN
Better 5-year returnAnnualised price return, 5 years +5.2%/yr +21.5%/yr — FSS
Less volatileAnnualised volatility, 1 year 40.5% 35.0% 34.6% PHIN
Higher overall scoreMean of the five percentile scores vs peers 72/100 76/100 61/100 FSS

Percentile Scorecard

OSKFSSPHIN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisOSKFSSPHIN
Valuation 95 #12 of 203 54 #95 of 203 96 #9 of 203
Growth 60 #75 of 188 94 #13 of 188 45 #104 of 188
Profitability 62 #71 of 184 91 #18 of 184 48 #96 of 184
Financial Health 53 #103 of 217 76 #53 of 217 35 #141 of 217
Shareholder Returns 90 #17 of 153 66 #53 of 153 82 #29 of 153
Overall 72 76 61
  • OSK ranked among 222 companies in Machinery
  • FSS ranked among 222 companies in Machinery
  • PHIN ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodOSKFSSPHINSPY
1 month +3.9%-1.4%-5.1% +0.9%
3 months -3.4%+1.3%-29.9% +5.9%
6 months -6.3%-6.6%-20.1% +8.5%
Year to date +9.9%+4.5%-8.0% +13.3%
1 year +0.4%-9.9%+7.0% +12.4%
3 years +60.0%+98.1%+126.0% +88.1%
3 years, per year +17.0%+25.6%+31.3% +23.5%
5 years +29.1%+165.0%— +68.2%
5 years, per year +5.2%+21.5%— +11.0%
10 years +160.0%+834.3%— +263.4%
10 years, per year +10.0%+25.0%— +13.8%

Risk

MeasureOSKFSSPHINSPY
Volatility, 1Y 40.5%35.0%34.6% 12.7%
Downside volatility, 1Y 40.6%35.9%36.6% 12.7%
Beta vs S&P 500, 1Y 1.411.281.06 1.00
Return / volatility, 1Y 0.01-0.280.20 0.98
Max drawdown, 5Y -43.5%-33.3%-35.3% -25.4%
From 52-week high -22.4%-15.2%-32.3% -0.9%
52-week high $177.94$133.73$85.16 $779.14
52-week low $118.59$104.77$51.54 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleOSKFSSPHIN
P/E now vs peer median 15.5xmedian 25.4x 24.2xmedian 25.4x 15.8xmedian 25.4x
P/S now vs peer median 0.8xmedian 1.9x 2.8xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median 8.9xmedian 14.3x 15.1xmedian 14.3x —median 14.3x
P/FCF now vs peer median 7.6xmedian 21.8x 20.4xmedian 21.8x 8.4xmedian 21.8x
P/B now vs peer median 1.9xmedian 2.2x 4.6xmedian 2.2x 1.4xmedian 2.2x
PEG now vs peer median 1.21median 1.41 0.85median 1.41 -1.49median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsOSKFSSPHIN
Revenue $10.61B $2.45B $3.62B
Gross profit $1.69B $714.00M $797.00M
Operating income $797.60M $395.40M $252.00M
Net income $556.30M $285.40M $135.00M
Free cash flow $1.12B $339.20M $250.00M
EPS (diluted) $8.87 $4.64 $3.55
Cash & equivalents $403.60M $62.80M $370.00M
Total debt $1.10B $453.60M $1.02B
Shares (diluted) 62.75M 61.50M 38.00M
Enterprise value $7.20B $6.67B $706.19M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricOSKFSSPHIN
P/E 15.5x 24.2x 15.8x
P/FCF 7.6x 20.4x 8.4x
P/Operating cash flow 6.6x 18.6x 5.9x
P/S 0.8x 2.8x 0.6x
P/B 1.9x 4.6x 1.4x
P/Tangible book 2.2x 6.2x 1.8x
EV/EBITDA 8.9x 15.1x –
EV/EBIT 11.6x 18.5x 11.0x
EV/Revenue 0.9x 3.0x 0.8x
EV/FCF 8.2x 21.6x 11.0x
EV/Operating cash flow 7.1x 19.6x 7.7x
PEG (3Y EPS CAGR) 1.21 0.85 -1.49

Growth

14 metrics
MetricOSKFSSPHIN
Revenue growth (1Y) 2.2% 24.0% 7.7%
Revenue CAGR (3Y) 5.8% 16.1% 1.7%
Gross profit growth (1Y) -10.2% 24.5% 7.0%
Gross profit CAGR (3Y) 7.4% 22.1% 2.0%
Operating income growth (1Y) -16.7% 27.8% -6.0%
Operating income CAGR (3Y) 8.2% 28.8% -6.9%
Net income growth (1Y) -14.5% 28.8% 25.0%
Net income CAGR (3Y) 11.1% 28.6% -16.8%
EPS growth (1Y) -11.7% 28.4% 32.2%
EPS CAGR (3Y) 12.8% 28.6% -10.6%
Operating cash flow growth (1Y) 60.6% 45.6% 35.5%
Operating cash flow CAGR (3Y) 57.0% 59.2% 11.5%
Free cash flow growth (1Y) 99.4% 49.8% 65.6%
Free cash flow CAGR (3Y) 49.8% 73.3% 23.7%

Profitability

14 metrics
MetricOSKFSSPHIN
Gross margin 15.9% 29.2% 22.0%
EBITDA margin 9.8% 19.8% –
Operating margin 7.5% 16.2% 7.0%
Pretax margin 6.5% 15.2% 5.4%
Net margin 5.2% 11.7% 3.7%
FCF margin 10.6% 13.9% 6.9%
Operating cash flow margin 12.3% 15.2% 9.9%
Return on equity 12.4% 19.4% 8.7%
Return on assets 5.6% 11.7% 3.5%
Return on invested capital 11.4% 15.3% 6.8%
Return on capital employed 11.5% 18.5% 9.0%
Asset turnover 1.1x 1.0x 0.9x
Cash conversion (OCF / net income) 2.3x 1.3x 2.7x
Stock comp / revenue 0.4% 0.6% –

Financial Health

11 metrics
MetricOSKFSSPHIN
Debt / assets 11.0% 18.6% 26.5%
Debt / equity 0.2x 0.3x 0.7x
Net debt / EBITDA 0.7x 0.8x –
Debt / FCF 1.0x 1.3x 4.1x
Liabilities / assets 55.0% 38.2% 59.9%
Equity / assets 45.0% 61.8% 40.1%
Interest coverage 6.6x 19.3x 3.1x
Current ratio 1.7x 2.7x 1.8x
Quick ratio 0.7x 1.1x 1.3x
Cash ratio 0.1x 0.2x 0.4x
Altman Z-score 3.21 7.10 2.03

Shareholder Returns

7 metrics
MetricOSKFSSPHIN
Dividend yield 1.6% 0.5% 2.0%
Net buyback yield 4.1% 0.0% 7.6%
Shareholder yield 5.7% 0.5% 9.6%
Payout ratio (earnings) – 12.6% 31.9%
Payout ratio (FCF) – 10.6% 17.2%
Dividend growth (1Y) – 13.6% 2.4%
Dividend CAGR (3Y) – 17.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusOSKFSSPHIN
Forward P/E 13.8xFY2026 23.1xFY2026 10.4xFY2026
EPS, next fiscal year $10.00FY2026 $4.92FY2026 $5.54FY2026
EPS growth, next FY -7.3%FY2026 +16.3%FY2026 +11.7%FY2026
EPS growth, the year after +46.4% +10.0% +29.8%
Revenue, next fiscal year $10.70BFY2026 $2.79BFY2026 $3.54BFY2026
Revenue growth, next FY +2.6%FY2026 +28.1%FY2026 +1.8%FY2026
Revenue growth, the year after +5.3% -5.3% +9.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersOSKFSSPHIN
Held by institutions 100.0% 100.0% 100.0%
Institutions holding 598 474 391
Change in shares held, QoQ +5.1% +3.9% -7.1%
Institutions buying 309 249 166
Institutions selling 188 152 126
Buyers to sellers 1.64 1.64 1.32

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

OSKFSSPHIN
OSK 1.00 0.49 0.48
FSS 0.49 1.00 0.24
PHIN 0.48 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, OSK, FSS and PHIN?

Oshkosh (OSK) is the largest by market capitalisation: Oshkosh (OSK) $8.54B, Federal Signal (FSS) $6.92B, Phinia (PHIN) $2.11B.

Which stock is cheaper, OSK, FSS and PHIN?

Oshkosh (OSK) trades on the lowest price-to-earnings ratio (Oshkosh (OSK) 15.5x, Federal Signal (FSS) 24.2x, Phinia (PHIN) 15.8x). On next year's consensus earnings, Phinia (PHIN) is cheapest (Oshkosh (OSK) 13.8x, Federal Signal (FSS) 23.1x, Phinia (PHIN) 10.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Federal Signal (FSS) grew revenue fastest over the trailing twelve months: Oshkosh (OSK) +2.2%, Federal Signal (FSS) +24.0%, Phinia (PHIN) +7.7%.

Which company is more profitable?

Federal Signal (FSS) has the highest net margin (Oshkosh (OSK) 5.2%, Federal Signal (FSS) 11.7%, Phinia (PHIN) 3.7%). On return on invested capital, Federal Signal (FSS) leads (Oshkosh (OSK) 11.4%, Federal Signal (FSS) 15.3%, Phinia (PHIN) 6.8%).

Which stock has performed better?

Over the past year Phinia (PHIN) returned the most: Oshkosh (OSK) +0.4%, Federal Signal (FSS) -9.9%, Phinia (PHIN) +7.0%. Over five years, Federal Signal (FSS) compounded fastest (Oshkosh (OSK) +5.2%/yr, Federal Signal (FSS) +21.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Phinia (PHIN) has the highest dividend yield: Oshkosh (OSK) 1.61%, Federal Signal (FSS) 0.52%, Phinia (PHIN) 2.03%.

Which stock is riskier?

By one-year price volatility, Phinia (PHIN) has been the steadiest (Oshkosh (OSK) 40.5%, Federal Signal (FSS) 35.0%, Phinia (PHIN) 34.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, OSK, FSS and PHIN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Federal Signal (FSS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.