Summary of Oshkosh Corporation 2025 Investor Day Company Overview - **Company**: Oshkosh Corporation (OSK) - **Industry**: Industrial Technology - **Market Position**: Publicly traded with a market capitalization of approximately $11 billion, listed on the Fortune 500 list [doc id='17'] Core Points and Arguments Strategic Focus - **Vision**: Oshkosh aims to grow revenue, improve margins, and deliver shareholder value through innovation, culture, and disciplined execution [doc id='2'] - **Key Takeaways**: Strong revenue growth projected through 2028 and transformative margin expansion [doc id='14'] - **Backlog**: Existing backlog in vocational and transport segments is a major driver for top-line growth [doc id='14] Financial Performance - **Past Achievements**: Successfully met ambitious targets for top line, operating income, and earnings per share one year early [doc id='11'] - **Future Projections**: Expected revenue generation of $19 billion from a $3.1 billion investment in innovation and product development from 2022 to 2028 [doc id='101'] Innovation and Technology - **Core Technologies**: Focus on electrification, autonomy, and intelligent connected products [doc id='75'] - **Patents**: Over 1,300 patents, with a strong emphasis on electrification, autonomy, and connectivity [doc id='78'] - **Recognition**: Ranked as the number two company in the automotive sector for patent power by IEEE [doc id='79'] Market Segments - **Defense Segment Renaming**: The Defense segment has been renamed to Transport to better reflect its business focus [doc id='5'] - **Key Segments**: - **Access Segment**: Focus on resilience and performance [doc id='7'] - **Vocational Segment**: Addressing strong demand and capacity [doc id='7'] Customer-Centric Approach - **Voice of the Customer**: Innovations are driven by understanding customer needs and pain points [doc id='80'] - **Lifecycle Support**: Commitment to supporting customers throughout the entire product lifecycle, generating stable, high-margin, recurring revenue streams [doc id='60] Future Vision - **Airport of the Future**: Automation and connectivity to improve efficiency and reduce delays [doc id='33'] - **Neighborhood of the Future**: Focus on safety, comfort, and productivity for operators [doc id='36'] - **Job Site of the Future**: Enhanced connectivity and productivity through intelligent systems [doc id='40'] Additional Important Content - **Cultural Values**: Emphasis on making a difference in the lives of everyday heroes who serve communities [doc id='19'] - **Competitive Advantages**: Strong brand recognition, advanced manufacturing capabilities, and a talented workforce [doc id='46'][doc id='49'][doc id='51'] - **Investment in Innovation**: Commitment to significant investment in technology and product development to drive future growth [doc id='101] This summary encapsulates the key points discussed during the Oshkosh Corporation 2025 Investor Day, highlighting the company's strategic focus, financial performance, innovation, market segments, customer-centric approach, and future vision.

Financial Data and Key Metrics Changes - In 2024, the company returned $1.2 billion to shareholders and achieved revenue growth of 7.5% year over year in Q1 2025, or 8.2% in constant currency [7][8] - Adjusted earnings per share increased year over year for the sixth consecutive quarter in Q1 2025 [8] - The company expects to increase shareholder returns to $1.7 billion in 2025 [21] Business Line Data and Key Metrics Changes - The company signed 29 large deals in 2024, up from 17 the previous year, indicating a strong demand for its services [7] - Client Net Promoter scores are near all-time highs, and employee engagement scores are well above global and IT industry benchmarks [10] Market Data and Key Metrics Changes - The company reported that over 72% of its global employees are based in India, which may influence operational strategies [46] Company Strategy and Development Direction - The company is focusing on AI-powered software-led engineering and has invested in platforms like NeuroSuite and FlowSource [12] - A dual transformation strategy is being pursued, emphasizing hyper productivity from AI and innovation from intelligent systems [12] - The company aims to broaden its portfolio and deepen its industry focus while fostering a culture that attracts and develops talent [22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the near-term macro environment is uncertain but remains focused on building a long-term advantage [22] - The company is committed to investing in each geography based on growth needs and market conditions [48] Other Important Information - The company has launched a company-wide cost discipline initiative and modernized operations to better serve clients globally [9] - The Synapse program has trained over 400,000 individuals, with a goal of reaching 1 million [16] Q&A Session Summary Question: Will tariffs have any impact on CTSH? What percent of CTSH employees are in India? - The CFO stated that tariffs do not directly impact the services business, but there may be secondary effects on certain industries [45] - Over 72% of the company's employees are based in India [46] Question: Why did Zane Abdallah and Leo McKay receive more than 50 million against votes each in 2024? - The company does not have visibility into why shareholders vote against certain directors but noted that all directors received over 85% support [47] Question: How much investment will be in the US, and will the employee raise be better than the 1% policy from last year? - The CFO mentioned that investment decisions will be based on growth needs and market conditions, and the 2025 compensation raise approach has not yet been finalized [48][49]