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Side-by-side financial comparison of Northern Trust (NTRS) and OSHKOSH CORP (OSK). Click either name above to swap in a different company.

OSHKOSH CORP is the larger business by last-quarter revenue ($2.3B vs $2.2B, roughly 1.0× Northern Trust). Northern Trust runs the higher net margin — 23.7% vs 1.9%, a 21.9% gap on every dollar of revenue. On growth, Northern Trust posted the faster year-over-year revenue change (13.8% vs 0.2%). Over the past eight quarters, Northern Trust's revenue compounded faster (37.8% CAGR vs -9.8%).

Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody.

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.

NTRS vs OSK — Head-to-Head

Bigger by revenue
OSK
OSK
1.0× larger
OSK
$2.3B
$2.2B
NTRS
Growing faster (revenue YoY)
NTRS
NTRS
+13.5% gap
NTRS
13.8%
0.2%
OSK
Higher net margin
NTRS
NTRS
21.9% more per $
NTRS
23.7%
1.9%
OSK
Faster 2-yr revenue CAGR
NTRS
NTRS
Annualised
NTRS
37.8%
-9.8%
OSK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NTRS
NTRS
OSK
OSK
Revenue
$2.2B
$2.3B
Net Profit
$525.5M
$43.1M
Gross Margin
13.5%
Operating Margin
3.5%
Net Margin
23.7%
1.9%
Revenue YoY
13.8%
0.2%
Net Profit YoY
13.0%
-61.6%
EPS (diluted)
$2.71
$0.68

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
NTRS
NTRS
OSK
OSK
Q1 26
$2.2B
$2.3B
Q4 25
$1.3B
$2.7B
Q3 25
$1.3B
$2.7B
Q2 25
$1.2B
$2.7B
Q1 25
$1.2B
$2.3B
Q4 24
$1.2B
$2.6B
Q3 24
$1.2B
$2.7B
Q2 24
$1.2B
$2.8B
Net Profit
NTRS
NTRS
OSK
OSK
Q1 26
$525.5M
$43.1M
Q4 25
$466.0M
$133.8M
Q3 25
$457.6M
$196.2M
Q2 25
$421.3M
$204.8M
Q1 25
$392.0M
$112.2M
Q4 24
$455.4M
$153.1M
Q3 24
$464.9M
$180.3M
Q2 24
$896.1M
$168.6M
Gross Margin
NTRS
NTRS
OSK
OSK
Q1 26
13.5%
Q4 25
15.8%
Q3 25
17.5%
Q2 25
19.2%
Q1 25
17.3%
Q4 24
17.2%
Q3 24
18.5%
Q2 24
19.2%
Operating Margin
NTRS
NTRS
OSK
OSK
Q1 26
3.5%
Q4 25
48.5%
7.9%
Q3 25
49.0%
9.7%
Q2 25
45.9%
10.7%
Q1 25
43.0%
7.6%
Q4 24
48.6%
8.6%
Q3 24
50.2%
9.7%
Q2 24
9.2%
Net Margin
NTRS
NTRS
OSK
OSK
Q1 26
23.7%
1.9%
Q4 25
35.6%
5.0%
Q3 25
36.2%
7.3%
Q2 25
34.2%
7.5%
Q1 25
32.3%
4.9%
Q4 24
37.3%
5.9%
Q3 24
38.9%
6.6%
Q2 24
76.8%
5.9%
EPS (diluted)
NTRS
NTRS
OSK
OSK
Q1 26
$2.71
$0.68
Q4 25
$2.42
Q3 25
$2.29
Q2 25
$2.13
Q1 25
$1.90
Q4 24
$2.25
Q3 24
$2.22
Q2 24
$4.34

Balance Sheet & Financial Strength

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

Metric
NTRS
NTRS
OSK
OSK
Cash + ST InvestmentsLiquidity on hand
$250.3M
Total DebtLower is stronger
$2.9B
$600.6M
Stockholders' EquityBook value
$13.0B
Total Assets
$174.6B
$10.0B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTRS
NTRS
OSK
OSK
Q1 26
$250.3M
Q4 25
$479.8M
Q3 25
$211.8M
Q2 25
$191.7M
Q1 25
$210.3M
Q4 24
$204.9M
Q3 24
$160.9M
Q2 24
$141.4M
Total Debt
NTRS
NTRS
OSK
OSK
Q1 26
$2.9B
$600.6M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$602.3M
Q2 24
$599.1M
Stockholders' Equity
NTRS
NTRS
OSK
OSK
Q1 26
$13.0B
Q4 25
$13.0B
$4.5B
Q3 25
$13.0B
$4.5B
Q2 25
$12.9B
$4.5B
Q1 25
$12.9B
$4.2B
Q4 24
$12.8B
$4.2B
Q3 24
$12.7B
$4.1B
Q2 24
$12.7B
$3.9B
Total Assets
NTRS
NTRS
OSK
OSK
Q1 26
$174.6B
$10.0B
Q4 25
$177.1B
$10.1B
Q3 25
$170.3B
$9.8B
Q2 25
$171.9B
$10.0B
Q1 25
$165.1B
$9.8B
Q4 24
$155.5B
$9.4B
Q3 24
$155.8B
$9.9B
Q2 24
$156.8B
$9.7B
Debt / Equity
NTRS
NTRS
OSK
OSK
Q1 26
0.22×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.15×
Q2 24
0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NTRS
NTRS

Trust, Investment and Other Servicing Fees$1.3B61%
Other$871.8M39%

OSK
OSK

Segment breakdown not available.

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