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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and OSHKOSH CORP (OSK). Click either name above to swap in a different company.

OSHKOSH CORP is the larger business by last-quarter revenue ($2.7B vs $2.1B, roughly 1.3× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 5.0%, a 0.8% gap on every dollar of revenue. On growth, OSHKOSH CORP posted the faster year-over-year revenue change (3.5% vs -4.8%). OSHKOSH CORP produced more free cash flow last quarter ($540.3M vs $153.6M). Over the past eight quarters, OSHKOSH CORP's revenue compounded faster (2.8% CAGR vs -9.1%).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

Oshkosh Corporation, formerly Oshkosh Truck, is an American industrial company that designs and builds specialty trucks, military vehicles, truck bodies, airport fire apparatus, and access equipment. The corporation also owns Pierce Manufacturing, a fire apparatus manufacturer in Appleton, Wisconsin, and JLG Industries, a manufacturer of lift equipment, including aerial lifts, boom lifts, scissor lifts, telehandlers and low-level access lifts.

IPG vs OSK — Head-to-Head

Bigger by revenue
OSK
OSK
1.3× larger
OSK
$2.7B
$2.1B
IPG
Growing faster (revenue YoY)
OSK
OSK
+8.3% gap
OSK
3.5%
-4.8%
IPG
Higher net margin
IPG
IPG
0.8% more per $
IPG
5.8%
5.0%
OSK
More free cash flow
OSK
OSK
$386.7M more FCF
OSK
$540.3M
$153.6M
IPG
Faster 2-yr revenue CAGR
OSK
OSK
Annualised
OSK
2.8%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
OSK
OSK
Revenue
$2.1B
$2.7B
Net Profit
$124.2M
$133.8M
Gross Margin
15.8%
Operating Margin
10.3%
7.9%
Net Margin
5.8%
5.0%
Revenue YoY
-4.8%
3.5%
Net Profit YoY
517.9%
-12.6%
EPS (diluted)
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IPG
IPG
OSK
OSK
Q4 25
$2.7B
Q3 25
$2.1B
$2.7B
Q2 25
$2.2B
$2.7B
Q1 25
$2.0B
$2.3B
Q4 24
$2.4B
$2.6B
Q3 24
$2.2B
$2.7B
Q2 24
$2.3B
$2.8B
Q1 24
$2.2B
$2.5B
Net Profit
IPG
IPG
OSK
OSK
Q4 25
$133.8M
Q3 25
$124.2M
$196.2M
Q2 25
$162.5M
$204.8M
Q1 25
$-85.4M
$112.2M
Q4 24
$344.5M
$153.1M
Q3 24
$20.1M
$180.3M
Q2 24
$214.5M
$168.6M
Q1 24
$110.4M
$179.4M
Gross Margin
IPG
IPG
OSK
OSK
Q4 25
15.8%
Q3 25
17.5%
Q2 25
19.2%
Q1 25
-3.2%
17.3%
Q4 24
10.1%
17.2%
Q3 24
2.9%
18.5%
Q2 24
1.2%
19.2%
Q1 24
-1.1%
18.5%
Operating Margin
IPG
IPG
OSK
OSK
Q4 25
7.9%
Q3 25
10.3%
9.7%
Q2 25
11.2%
10.7%
Q1 25
-2.1%
7.6%
Q4 24
23.3%
8.6%
Q3 24
5.9%
9.7%
Q2 24
13.7%
9.2%
Q1 24
8.4%
10.2%
Net Margin
IPG
IPG
OSK
OSK
Q4 25
5.0%
Q3 25
5.8%
7.3%
Q2 25
7.5%
7.5%
Q1 25
-4.3%
4.9%
Q4 24
14.1%
5.9%
Q3 24
0.9%
6.6%
Q2 24
9.2%
5.9%
Q1 24
5.1%
7.1%
EPS (diluted)
IPG
IPG
OSK
OSK
Q4 25
Q3 25
$0.34
Q2 25
$0.44
Q1 25
$-0.23
Q4 24
$0.92
Q3 24
$0.05
Q2 24
$0.57
Q1 24
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IPG
IPG
OSK
OSK
Cash + ST InvestmentsLiquidity on hand
$1.5B
$479.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$4.5B
Total Assets
$17.0B
$10.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
OSK
OSK
Q4 25
$479.8M
Q3 25
$1.5B
$211.8M
Q2 25
$1.6B
$191.7M
Q1 25
$1.9B
$210.3M
Q4 24
$2.2B
$204.9M
Q3 24
$1.5B
$160.9M
Q2 24
$1.5B
$141.4M
Q1 24
$1.9B
$69.9M
Total Debt
IPG
IPG
OSK
OSK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$602.3M
Q2 24
$599.1M
Q1 24
$598.9M
Stockholders' Equity
IPG
IPG
OSK
OSK
Q4 25
$4.5B
Q3 25
$3.7B
$4.5B
Q2 25
$3.7B
$4.5B
Q1 25
$3.6B
$4.2B
Q4 24
$3.8B
$4.2B
Q3 24
$3.7B
$4.1B
Q2 24
$3.8B
$3.9B
Q1 24
$3.8B
$3.8B
Total Assets
IPG
IPG
OSK
OSK
Q4 25
$10.1B
Q3 25
$17.0B
$9.8B
Q2 25
$17.0B
$10.0B
Q1 25
$17.1B
$9.8B
Q4 24
$18.3B
$9.4B
Q3 24
$17.1B
$9.9B
Q2 24
$17.0B
$9.7B
Q1 24
$17.3B
$9.5B
Debt / Equity
IPG
IPG
OSK
OSK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IPG
IPG
OSK
OSK
Operating Cash FlowLast quarter
$180.1M
$600.1M
Free Cash FlowOCF − Capex
$153.6M
$540.3M
FCF MarginFCF / Revenue
7.2%
20.1%
Capex IntensityCapex / Revenue
1.2%
2.2%
Cash ConversionOCF / Net Profit
1.45×
4.49×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$618.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
OSK
OSK
Q4 25
$600.1M
Q3 25
$180.1M
$489.0M
Q2 25
$-96.0M
$89.2M
Q1 25
$-37.0M
$-394.9M
Q4 24
$868.1M
$790.8M
Q3 24
$223.8M
$326.1M
Q2 24
$120.7M
$-211.0M
Q1 24
$-157.4M
$-355.8M
Free Cash Flow
IPG
IPG
OSK
OSK
Q4 25
$540.3M
Q3 25
$153.6M
$464.3M
Q2 25
$-121.8M
$48.6M
Q1 25
$-58.5M
$-435.2M
Q4 24
$833.5M
$703.3M
Q3 24
$186.5M
$272.2M
Q2 24
$85.9M
$-250.5M
Q1 24
$-192.5M
$-455.9M
FCF Margin
IPG
IPG
OSK
OSK
Q4 25
20.1%
Q3 25
7.2%
17.3%
Q2 25
-5.6%
1.8%
Q1 25
-2.9%
-18.8%
Q4 24
34.2%
27.1%
Q3 24
8.3%
9.9%
Q2 24
3.7%
-8.8%
Q1 24
-8.8%
-17.9%
Capex Intensity
IPG
IPG
OSK
OSK
Q4 25
2.2%
Q3 25
1.2%
0.9%
Q2 25
1.2%
1.5%
Q1 25
1.1%
1.7%
Q4 24
1.4%
3.4%
Q3 24
1.7%
2.0%
Q2 24
1.5%
1.4%
Q1 24
1.6%
3.9%
Cash Conversion
IPG
IPG
OSK
OSK
Q4 25
4.49×
Q3 25
1.45×
2.49×
Q2 25
-0.59×
0.44×
Q1 25
-3.52×
Q4 24
2.52×
5.17×
Q3 24
11.13×
1.81×
Q2 24
0.56×
-1.25×
Q1 24
-1.43×
-1.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

OSK
OSK

Vocational Segment$922.4M34%
Aerial Works Platforms$548.6M20%
Other Access Equipment$311.8M12%
Telehandlers$311.2M12%
Airport Products$252.7M9%
Delivery Vehicles$165.0M6%
Other Vocational$130.7M5%
Transferred Over Time$23.5M1%

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