OSK vs TEX vs WCN Stock Comparison

Oshkosh, Terex and Waste Connections Prices as of Oct 27, 2026 Peers: Industry group
OSK Oshkosh Corp
$134.20 +1.0% 1M -3.6% 1Y
Market cap
$8.30B
P/E
15.1x
Revenue (TTM)
$10.61B
Div. yield
1.65%
Heavy Equipment Industrials
6 wins
TEX Terex Corp
$49.75 -13.2% 1M -14.9% 1Y
Market cap
$5.69B
P/E
37.9x
Revenue (TTM)
$6.68B
Div. yield
1.37%
Heavy Equipment Industrials
2 wins
WCN Waste Connections, Inc.
$181.92 +16.8% 1M +4.1% 1Y
Market cap
$45.87B
P/E
37.2x
Revenue (TTM)
$9.94B
Div. yield
0.77%
Solid Waste Industrials
4 wins

Head to Head

12 decided of 12

Oshkosh leads on 6 of the 12 questions below (Oshkosh 6, Waste Connections 4, Terex 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionOSKTEXWCNLeader
Larger companyMarket capitalisation $8.30B $5.69B $45.87B WCN
Cheaper on earningsLower P/E, profitable companies only 15.1x 37.9x 37.2x OSK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.4x 9.5x 33.7x TEX
Faster revenue growthRevenue growth, trailing twelve months +2.2% +29.2% +6.3% TEX
More profitableNet margin, trailing twelve months 5.2% 2.2% — OSK
Better return on capitalReturn on invested capital 11.4% 3.8% — OSK
Less leveragedLower net debt / EBITDA 0.7x 3.7x — OSK
Higher dividend yieldTrailing dividend yield 1.65% 1.37% 0.77% OSK
Better 1-year returnPrice return, last 12 months -3.6% -14.9% +4.1% WCN
Better 5-year returnAnnualised price return, 5 years +4.5%/yr +1.6%/yr +6.5%/yr WCN
Less volatileAnnualised volatility, 1 year 40.4% 49.0% 25.8% WCN
Higher overall scoreMean of the five percentile scores vs peers 72/100 49/100 46/100 OSK

Percentile Scorecard

OSKTEXWCN

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

AxisOSKTEXWCN
Valuation 95 #12 of 203 77 #47 of 203 27 #12 of 16
Growth 59 #78 of 188 42 #110 of 188 69 #5 of 14
Profitability 63 #69 of 183 33 #123 of 183 69 #5 of 14
Financial Health 52 #105 of 217 26 #160 of 217 20 #13 of 16
Shareholder Returns 91 #15 of 153 66 #53 of 153 –
Overall 72 49 46
  • OSK ranked among 222 companies in Machinery
  • TEX ranked among 222 companies in Machinery
  • WCN ranked among 16 companies in Waste Management

Price Performance

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

Returns

PeriodOSKTEXWCNSPY
1 month +1.0%-13.2%+16.8% -0.2%
3 months -11.9%-27.5%+7.5% +3.9%
6 months -10.3%-19.6%+11.2% +8.2%
Year to date +6.8%-6.8%+3.7% +12.9%
1 year -3.6%-14.9%+4.1% +12.3%
3 years +55.5%+13.6%+42.1% +87.4%
3 years, per year +15.9%+4.3%+12.4% +23.3%
5 years +24.4%+8.1%+37.0% +67.9%
5 years, per year +4.5%+1.6%+6.5% +10.9%
10 years +155.2%+110.5%+268.8% +261.1%
10 years, per year +9.8%+7.7%+13.9% +13.7%

Risk

MeasureOSKTEXWCNSPY
Volatility, 1Y 40.4%49.0%25.8% 12.7%
Downside volatility, 1Y 40.5%48.7%23.5% 12.7%
Beta vs S&P 500, 1Y 1.401.89-0.19 1.00
Return / volatility, 1Y -0.09-0.300.16 0.97
Max drawdown, 5Y -43.5%-51.8%-25.5% -25.4%
From 52-week high -24.6%-33.3%-2.5% -1.2%
52-week high $177.94$74.58$186.62 $779.14
52-week low $118.59$41.78$149.02 $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.

MultipleOSKTEXWCN
P/E now vs peer median 15.1xmedian 25.2x 37.9xmedian 25.2x 37.2xmedian 33.2x
P/S now vs peer median 0.8xmedian 1.9x 0.9xmedian 1.9x 4.6xmedian 3.3x
EV/EBITDA now vs peer median 8.7xmedian 14.0x 12.8xmedian 14.0x —median 14.5x
P/FCF now vs peer median 7.4xmedian 21.7x 16.8xmedian 21.7x 31.8xmedian 16.4x
P/B now vs peer median 1.8xmedian 2.3x 1.2xmedian 2.3x 5.8xmedian 3.0x
PEG now vs peer median 1.18median 1.32 -0.91median 1.32 —median 2.81

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 monthsOSKTEXWCN
Revenue $10.61B $6.68B $9.94B
Gross profit $1.69B $1.18B –
Operating income $797.60M $382.00M $1.76B
Net income $556.30M $149.00M $1.13B
Free cash flow $1.12B $339.00M –
EPS (diluted) $8.87 $1.30 –
Cash & equivalents $403.60M $407.00M $95.69M
Total debt $1.10B $2.69B –
Shares (diluted) 62.75M 114.20M 253.86M
Enterprise value $6.95B $3.61B $45.87B

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
MetricOSKTEXWCN
P/E 15.1x 37.9x 37.2x
P/FCF 7.4x 16.8x 31.8x
P/Operating cash flow 6.4x 12.5x 18.1x
P/S 0.8x 0.9x 4.6x
P/B 1.8x 1.2x 5.8x
P/Tangible book 2.2x 2.8x 7.8x
EV/EBITDA 8.7x 12.8x –
EV/EBIT 11.3x 20.9x –
EV/Revenue 0.8x 1.2x 4.6x
EV/FCF 8.0x 23.5x –
EV/Operating cash flow 6.9x 17.5x 18.1x
PEG (3Y EPS CAGR) 1.18 -0.91 –

Growth

14 metrics
MetricOSKTEXWCN
Revenue growth (1Y) 2.2% 29.2% 6.3%
Revenue CAGR (3Y) 5.8% 10.3% 8.2%
Gross profit growth (1Y) -10.2% 18.4% –
Gross profit CAGR (3Y) 7.4% 2.6% –
Operating income growth (1Y) -16.7% 2.4% 61.8%
Operating income CAGR (3Y) 8.2% -13.9% 10.0%
Net income growth (1Y) -14.5% -16.8% 82.2%
Net income CAGR (3Y) 11.1% -30.6% 10.9%
EPS growth (1Y) -11.7% -52.0% –
EPS CAGR (3Y) 12.8% -41.6% –
Operating cash flow growth (1Y) 60.6% 21.9% 4.2%
Operating cash flow CAGR (3Y) 57.0% 7.1% 6.5%
Free cash flow growth (1Y) 99.4% 43.6% –
Free cash flow CAGR (3Y) 49.8% 8.0% –

Profitability

14 metrics
MetricOSKTEXWCN
Gross margin 15.9% 17.7% –
EBITDA margin 9.8% 9.3% –
Operating margin 7.5% 5.7% –
Pretax margin 6.5% 2.8% –
Net margin 5.2% 2.2% –
FCF margin 10.6% 5.1% –
Operating cash flow margin 12.3% 6.8% 25.4%
Return on equity 12.4% 3.0% 14.3%
Return on assets 5.6% 1.4% 5.3%
Return on invested capital 11.4% 3.8% –
Return on capital employed 11.5% 4.5% –
Asset turnover 1.1x 0.7x 0.5x
Cash conversion (OCF / net income) 2.3x 3.1x 2.2x
Stock comp / revenue 0.4% 1.0% 0.8%

Financial Health

11 metrics
MetricOSKTEXWCN
Debt / assets 11.0% 26.0% –
Debt / equity 0.2x 0.5x –
Net debt / EBITDA 0.7x 3.7x –
Debt / FCF 1.0x 7.9x –
Liabilities / assets 55.0% 52.4% 63.3%
Equity / assets 45.0% 47.6% 36.7%
Interest coverage 6.6x 2.0x –
Current ratio 1.7x 1.8x 0.7x
Quick ratio 0.7x 0.9x –
Cash ratio 0.1x 0.2x –
Altman Z-score 3.18 1.86 –

Shareholder Returns

7 metrics
MetricOSKTEXWCN
Dividend yield 1.7% 1.4% 0.8%
Net buyback yield 4.2% 0.1% –
Shareholder yield 5.8% 1.4% 0.8%
Payout ratio (earnings) – 41.6% –
Payout ratio (FCF) – 18.3% –
Dividend growth (1Y) – 37.8% –
Dividend CAGR (3Y) – 17.4% –

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.

ConsensusOSKTEXWCN
Forward P/E 13.4xFY2026 9.5xFY2026 33.7xFY2026
EPS, next fiscal year $10.00FY2026 $5.26FY2026 $5.40FY2026
EPS growth, next FY -7.3%FY2026 +6.7%FY2026 +5.9%FY2026
EPS growth, the year after +46.4% +9.9% +18.7%
Revenue, next fiscal year $10.70BFY2026 $8.62BFY2026 $10.30BFY2026
Revenue growth, next FY +2.6%FY2026 +59.1%FY2026 +10.0%FY2026
Revenue growth, the year after +5.3% +8.2% 0.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersOSKTEXWCN
Held by institutions 100.0% 100.0% 85.2%
Institutions holding 598 482 829
Change in shares held, QoQ +5.1% +5.5% +1.3%
Institutions buying 309 240 410
Institutions selling 188 164 303
Buyers to sellers 1.64 1.46 1.35

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.

OSKTEXWCN
OSK 1.00 0.65 0.09
TEX 0.65 1.00 0.03
WCN 0.09 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, OSK, TEX and WCN?

Waste Connections (WCN) is the largest by market capitalisation: Oshkosh (OSK) $8.30B, Terex (TEX) $5.69B, Waste Connections (WCN) $45.87B.

Which stock is cheaper, OSK, TEX and WCN?

Oshkosh (OSK) trades on the lowest price-to-earnings ratio (Oshkosh (OSK) 15.1x, Terex (TEX) 37.9x, Waste Connections (WCN) 37.2x). On next year's consensus earnings, Terex (TEX) is cheapest (Oshkosh (OSK) 13.4x, Terex (TEX) 9.5x, Waste Connections (WCN) 33.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Terex (TEX) grew revenue fastest over the trailing twelve months: Oshkosh (OSK) +2.2%, Terex (TEX) +29.2%, Waste Connections (WCN) +6.3%.

Which company is more profitable?

Oshkosh (OSK) has the highest net margin (Oshkosh (OSK) 5.2%, Terex (TEX) 2.2%). On return on invested capital, Oshkosh (OSK) leads (Oshkosh (OSK) 11.4%, Terex (TEX) 3.8%).

Which stock has performed better?

Over the past year Waste Connections (WCN) returned the most: Oshkosh (OSK) -3.6%, Terex (TEX) -14.9%, Waste Connections (WCN) +4.1%. Over five years, Waste Connections (WCN) compounded fastest (Oshkosh (OSK) +4.5%/yr, Terex (TEX) +1.6%/yr, Waste Connections (WCN) +6.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Oshkosh (OSK) has the highest dividend yield: Oshkosh (OSK) 1.65%, Terex (TEX) 1.37%, Waste Connections (WCN) 0.77%.

Which stock is riskier?

By one-year price volatility, Waste Connections (WCN) has been the steadiest (Oshkosh (OSK) 40.4%, Terex (TEX) 49.0%, Waste Connections (WCN) 25.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, OSK, TEX and WCN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Oshkosh (OSK) leads on 6. 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.