Oshkosh (OSK) Operating Margin (2009 - 2026)
Oshkosh (OSK) recorded quarterly Operating Margin of 3.54% in Q1 2026, up 117.27% quarter-over-quarter from 20.48% in Q4 2025, and down 405.0% on a YoY basis from 1.16% in Q1 2025.
Oshkosh (OSK) Operating Margin (2009 - 2026) Analysis & Trends
Oshkosh's Operating Margin history runs 18 years deep, the most recent figure standing at 3.54% for Q1 2026.
- In Q1 2026, Operating Margin fell 405.0% year-over-year to 3.54%; the TTM figure through Mar 2026 stood at 0.8% (down 20.0% YoY), while the FY2025 annual figure was 1.7%, down 7.0% from the prior year.
- Operating Margin was 3.54% for Q1 2026 at Oshkosh, up from 20.48% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 10.68% in Q2 2025 to a low of 22.99% in Q4 2024.
- Historically, Operating Margin has averaged 2.27% across 5 years, with a median of 7.13% in 2022.
- Biggest YoY gain for Operating Margin was 604 bps in 2023; the steepest drop was 2510 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 6.67% in 2022, then sank by 376 bps to 18.43% in 2023, then fell by 25 bps to 22.99% in 2024, then rose by 11 bps to 20.48% in 2025, then jumped by 117 bps to 3.54% in 2026.
- The last three Operating Margin figures came in at 3.54% (Q1 2026), 20.48% (Q4 2025), and 9.69% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 17.71% |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 16.73% |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | -63.36% |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 3.54% |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | -4.73% |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 11.09% |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 10.11% |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 8.41% |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 2.27% |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | -3.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.54% |
| Dec 31, 2025 | -20.48% |
| Sep 30, 2025 | 9.69% |
| Jun 30, 2025 | 10.68% |
| Mar 31, 2025 | 7.58% |
| Dec 31, 2024 | -22.99% |
| Sep 30, 2024 | 9.71% |
| Jun 30, 2024 | 9.16% |
| Mar 31, 2024 | 10.21% |
| Dec 31, 2023 | -18.43% |
| Sep 30, 2023 | 10.22% |
| Jun 30, 2023 | 9.73% |
| Mar 31, 2023 | 5.77% |
| Dec 31, 2022 | 6.67% |
| Jun 30, 2022 | 3.69% |
| Mar 31, 2022 | 1.63% |
| Sep 30, 2021 | 6.51% |
| Jun 30, 2021 | 9.66% |
| Mar 31, 2021 | 7.69% |
| Dec 31, 2020 | 6.29% |