OSK vs WCN Stock Comparison

Oshkosh and Waste Connections Prices as of Oct 26, 2026 Peers: Industry group
OSK Oshkosh Corp
$133.29 +0.4% 1M -4.4% 1Y
Market cap
$8.38B
P/E
15.1x
Revenue (TTM)
$10.61B
Div. yield
–
Heavy Equipment Industrials
3 wins
WCN Waste Connections, Inc.
$186.62 +19.9% 1M +5.5% 1Y
Market cap
$46.13B
P/E
37.2x
Revenue (TTM)
$9.94B
Div. yield
–
Solid Waste Industrials
5 wins

Head to Head

8 decided of 12

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

QuestionOSKWCNLeader
Larger companyMarket capitalisation $8.38B $46.13B WCN
Cheaper on earningsLower P/E, profitable companies only 15.1x 37.2x OSK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.3x 34.6x OSK
Faster revenue growthRevenue growth, trailing twelve months +2.2% +6.3% WCN
More profitableNet margin, trailing twelve months 5.2% — –
Better return on capitalReturn on invested capital 11.4% — –
Less leveragedLower net debt / EBITDA 0.7x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -4.4% +5.5% WCN
Better 5-year returnAnnualised price return, 5 years +5.2%/yr +7.3%/yr WCN
Less volatileAnnualised volatility, 1 year 40.5% 25.7% WCN
Higher overall scoreMean of the five percentile scores vs peers 72/100 48/100 OSK

Percentile Scorecard

OSKWCN

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

AxisOSKWCN
Valuation 95 #12 of 203 27 #12 of 16
Growth 60 #76 of 187 77 #4 of 14
Profitability 64 #68 of 185 69 #5 of 14
Financial Health 52 #106 of 219 20 #13 of 16
Shareholder Returns 90 #16 of 153 –
Overall 72 48
  • OSK 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

PeriodOSKWCNSPY
1 month +0.4%+19.9% -0.8%
3 months -13.9%+10.2% +3.5%
6 months -11.6%+15.5% +7.0%
Year to date +6.1%+6.4% +12.2%
1 year -4.4%+5.5% +13.0%
3 years +54.4%+45.8% +86.3%
3 years, per year +15.6%+13.4% +23.1%
5 years +28.9%+42.4% +68.6%
5 years, per year +5.2%+7.3% +11.0%
10 years +149.5%+271.8% +258.0%
10 years, per year +9.6%+14.0% +13.6%

Risk

MeasureOSKWCNSPY
Volatility, 1Y 40.5%25.7% 12.7%
Downside volatility, 1Y 40.5%23.3% 12.7%
Beta vs S&P 500, 1Y 1.40-0.18 1.00
Return / volatility, 1Y -0.110.22 1.02
Max drawdown, 5Y -43.5%-25.5% -25.4%
From 52-week high -25.1%0.0% -1.8%
52-week high $177.94$186.62 $779.14
52-week low $118.59$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.

MultipleOSKWCN
P/E now vs peer median 15.0xmedian 26.0x 37.2xmedian 34.0x
P/S now vs peer median 0.8xmedian 1.9x 4.7xmedian 3.4x
EV/EBITDA now vs peer median 8.6xmedian 14.0x —median 15.3x
P/FCF now vs peer median 7.3xmedian 21.4x 31.8xmedian 18.5x
P/B now vs peer median 1.8xmedian 2.2x 6.0xmedian 3.0x
PEG now vs peer median 1.17median 1.26 —median 3.42

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 monthsOSKWCN
Revenue $10.61B $9.94B
Gross profit $1.69B –
Operating income $797.60M $1.76B
Net income $556.30M $1.13B
Free cash flow $1.12B –
EPS (diluted) $8.87 –
Cash & equivalents $403.60M $95.69M
Total debt $1.10B –
Shares (diluted) 62.75M 253.86M
Enterprise value $7.04B $46.13B

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
MetricOSKWCN
P/E 15.0x 37.2x
P/FCF 7.3x 31.8x
P/Operating cash flow 6.3x 18.6x
P/S 0.8x 4.7x
P/B 1.8x 6.0x
P/Tangible book 2.2x 8.0x
EV/EBITDA 8.6x –
EV/EBIT 11.2x –
EV/Revenue 0.8x 4.7x
EV/FCF 8.0x –
EV/Operating cash flow 6.9x 18.6x
PEG (3Y EPS CAGR) 1.17 –

Growth

14 metrics
MetricOSKWCN
Revenue growth (1Y) 2.2% 6.3%
Revenue CAGR (3Y) 5.8% 8.2%
Gross profit growth (1Y) -10.2% –
Gross profit CAGR (3Y) 7.4% –
Operating income growth (1Y) -16.7% 61.8%
Operating income CAGR (3Y) 8.2% 10.0%
Net income growth (1Y) -14.5% 82.2%
Net income CAGR (3Y) 11.1% 10.9%
EPS growth (1Y) -11.7% –
EPS CAGR (3Y) 12.8% –
Operating cash flow growth (1Y) 60.6% 4.2%
Operating cash flow CAGR (3Y) 57.0% 6.5%
Free cash flow growth (1Y) 99.4% –
Free cash flow CAGR (3Y) 49.8% –

Profitability

14 metrics
MetricOSKWCN
Gross margin 15.9% –
EBITDA margin 9.8% –
Operating margin 7.5% –
Pretax margin 6.5% –
Net margin 5.2% –
FCF margin 10.6% –
Operating cash flow margin 12.3% 25.4%
Return on equity 12.4% 14.3%
Return on assets 5.6% 5.3%
Return on invested capital 11.4% –
Return on capital employed 11.5% –
Asset turnover 1.1x 0.5x
Cash conversion (OCF / net income) 2.3x 2.2x
Stock comp / revenue 0.4% 0.8%

Financial Health

11 metrics
MetricOSKWCN
Debt / assets 11.0% –
Debt / equity 0.2x –
Net debt / EBITDA 0.7x –
Debt / FCF 1.0x –
Liabilities / assets 55.0% 63.3%
Equity / assets 45.0% 36.7%
Interest coverage 6.6x –
Current ratio 1.7x 0.7x
Quick ratio 0.7x –
Cash ratio 0.1x –
Altman Z-score 3.18 –

Shareholder Returns

7 metrics
MetricOSKWCN
Dividend yield 1.7% 0.8%
Net buyback yield 4.2% –
Shareholder yield 5.9% 0.8%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

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.

ConsensusOSKWCN
Forward P/E 13.3xFY2026 34.6xFY2026
EPS, next fiscal year $10.00FY2026 $5.40FY2026
EPS growth, next FY -7.3%FY2026 +5.9%FY2026
EPS growth, the year after +46.4% +18.7%
Revenue, next fiscal year $10.70BFY2026 $10.30BFY2026
Revenue growth, next FY +2.6%FY2026 +10.0%FY2026
Revenue growth, the year after +5.3% 0.0%

Institutional Ownership

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

OSKWCN
OSK 1.00 0.09
WCN 0.09 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, OSK and WCN?

Waste Connections (WCN) is the largest by market capitalisation: Oshkosh (OSK) $8.38B, Waste Connections (WCN) $46.13B.

Which stock is cheaper, OSK and WCN?

Oshkosh (OSK) trades on the lowest price-to-earnings ratio (Oshkosh (OSK) 15.1x, Waste Connections (WCN) 37.2x). On next year's consensus earnings, Oshkosh (OSK) is cheapest (Oshkosh (OSK) 13.3x, Waste Connections (WCN) 34.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

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

Which stock has performed better?

Over the past year Waste Connections (WCN) returned the most: Oshkosh (OSK) -4.4%, Waste Connections (WCN) +5.5%. Over five years, Waste Connections (WCN) compounded fastest (Oshkosh (OSK) +5.2%/yr, Waste Connections (WCN) +7.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Waste Connections (WCN) has been the steadiest (Oshkosh (OSK) 40.5%, Waste Connections (WCN) 25.7%). Volatility measures how widely the price swings, not the risk of the business.

Do OSK and WCN move together?

Their daily returns over the past year have a correlation of 0.09, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, OSK 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, Waste Connections (WCN) 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.