Oshkosh Q4 Earnings Miss Estimates, Revenues Increase Y/Y

Core Insights - Oshkosh Corporation (OSK) reported fourth-quarter 2025 adjusted earnings of $2.26 per share, missing the Zacks Consensus Estimate of $2.33 and down from $2.58 in the same quarter last year. However, consolidated net sales increased by 3.5% year over year to $2.69 billion, surpassing the Zacks Consensus Estimate of $2.56 billion [1]. Segment Performance - Access Segment: Sales increased by 1.3% year over year to $1.17 billion, driven by higher sales volume in North America, exceeding the Zacks Consensus Estimate of $981 million [2]. - Vocational Segment: This segment reported sales of $922.4 million, up 4.7% year over year, attributed to improved pricing, but fell short of the estimate of $1 billion [3]. - Transport Segment: Sales reached $566.7 million, a 6.2% increase year over year, benefiting from the ramp-up of the U.S. Postal Service's Next Generation Delivery Vehicle production and higher international sales, beating the estimate of $532 million [5]. Financial Overview - As of December 31, 2025, Oshkosh had cash and cash equivalents of $479.8 million, up from $204.9 million a year earlier. Long-term debt increased to $1.10 billion from $599.5 million [7]. - The company declared a quarterly cash dividend of 57 cents per share, payable on March 3, 2026, to shareholders on record as of February 17, 2026 [7]. 2026 Guidance - Oshkosh expects adjusted earnings per share for 2026 to be approximately $11.50, with full-year net sales projected to be around $11 billion [8]. Zacks Rank & Comparisons - Oshkosh currently holds a Zacks Rank 3 (Hold). In comparison, Ford Motor (F), REV Group (REVG), and PHINIA Inc. (PHIN) are better-ranked stocks in the auto sector, each holding a Zacks Rank 1 (Strong Buy) [9].