CluenexOshkosh Corporation OSK
Oshkosh Corporation scores weak on business quality (4.2 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Oshkosh Corporation does
Oshkosh builds specialty access equipment, commercial vehicles, and defense trucks, selling directly to municipalities, construction firms, and the U.S. government. Revenue sits at $10.6B as the company focuses on scaling its vocational vehicle production and defense contract execution.
- What it does best
Oshkosh dominates niche specialty vehicle manufacturing, backed by a gross margin of 15.9% and deep defense integration. High switching costs and specialized government certifications protect its contracts from standard commercial rivals.
- The main risk
A revenue contraction of 2.87% highlights vulnerability to slowing municipal and commercial spending cycles, threatening volume absorption across its primary assembly lines.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin rests at 7.5% and net margin at 5.2%, reflecting thin buffers that make profitability highly sensitive to raw material cost inflation.
Its narrow moat relies on regulatory and defense switching costs, though a gross margin in the bottom quartile of its sector at 8th percentile limits pricing power against larger peers.
Revenue declined 2.87% to $10.6B, showing a fading top-line trend compared to historical periods as demand cools across core segments.
Total debt of $1.2B is manageable against $480M in cash and $1.1B in free cash flow, supported by a 6.6x interest coverage ratio, keeping the balance sheet stable.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on OSK
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Oshkosh Corporation scores weak on the Cluenex quality check (4.2 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 22, 2026, before the open.
See OSK today
- Today's verdict on OSK, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Oshkosh Corporation (OSK)”, https://cluenex.com/stocks/osk/, data as of Oct 10, 2026.