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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) 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 $2.4B, roughly 1.1× OLD REPUBLIC INTERNATIONAL CORP). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 5.0%, a 8.8% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs 3.5%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs 2.8%).

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

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.

ORI vs OSK — Head-to-Head

Bigger by revenue
OSK
OSK
1.1× larger
OSK
$2.7B
$2.4B
ORI
Growing faster (revenue YoY)
ORI
ORI
+3.2% gap
ORI
6.7%
3.5%
OSK
Higher net margin
ORI
ORI
8.8% more per $
ORI
13.8%
5.0%
OSK
Faster 2-yr revenue CAGR
ORI
ORI
Annualised
ORI
13.2%
2.8%
OSK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORI
ORI
OSK
OSK
Revenue
$2.4B
$2.7B
Net Profit
$330.0M
$133.8M
Gross Margin
15.8%
Operating Margin
7.9%
Net Margin
13.8%
5.0%
Revenue YoY
6.7%
3.5%
Net Profit YoY
-145.5%
-12.6%
EPS (diluted)

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
ORI
ORI
OSK
OSK
Q1 26
$2.4B
Q4 25
$2.4B
$2.7B
Q3 25
$2.4B
$2.7B
Q2 25
$2.2B
$2.7B
Q1 25
$2.1B
$2.3B
Q4 24
$2.0B
$2.6B
Q3 24
$2.3B
$2.7B
Q2 24
$1.9B
$2.8B
Net Profit
ORI
ORI
OSK
OSK
Q1 26
$330.0M
Q4 25
$206.5M
$133.8M
Q3 25
$279.5M
$196.2M
Q2 25
$204.4M
$204.8M
Q1 25
$245.0M
$112.2M
Q4 24
$105.3M
$153.1M
Q3 24
$338.9M
$180.3M
Q2 24
$91.8M
$168.6M
Gross Margin
ORI
ORI
OSK
OSK
Q1 26
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
ORI
ORI
OSK
OSK
Q1 26
Q4 25
7.9%
Q3 25
14.6%
9.7%
Q2 25
11.8%
10.7%
Q1 25
14.6%
7.6%
Q4 24
8.6%
Q3 24
18.2%
9.7%
Q2 24
6.1%
9.2%
Net Margin
ORI
ORI
OSK
OSK
Q1 26
13.8%
Q4 25
8.6%
5.0%
Q3 25
11.5%
7.3%
Q2 25
9.3%
7.5%
Q1 25
11.6%
4.9%
Q4 24
5.3%
5.9%
Q3 24
14.5%
6.6%
Q2 24
4.9%
5.9%
EPS (diluted)
ORI
ORI
OSK
OSK
Q1 26
Q4 25
$0.82
Q3 25
$1.11
Q2 25
$0.81
Q1 25
$0.98
Q4 24
$0.42
Q3 24
$1.32
Q2 24
$0.35

Balance Sheet & Financial Strength

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

Metric
ORI
ORI
OSK
OSK
Cash + ST InvestmentsLiquidity on hand
$479.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.9M
$4.5B
Total Assets
$29.6M
$10.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORI
ORI
OSK
OSK
Q1 26
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
ORI
ORI
OSK
OSK
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$602.3M
Q2 24
$599.1M
Stockholders' Equity
ORI
ORI
OSK
OSK
Q1 26
$5.9M
Q4 25
$5.9B
$4.5B
Q3 25
$6.4B
$4.5B
Q2 25
$6.2B
$4.5B
Q1 25
$5.9B
$4.2B
Q4 24
$5.6B
$4.2B
Q3 24
$6.4B
$4.1B
Q2 24
$6.0B
$3.9B
Total Assets
ORI
ORI
OSK
OSK
Q1 26
$29.6M
Q4 25
$29.9B
$10.1B
Q3 25
$30.3B
$9.8B
Q2 25
$29.3B
$10.0B
Q1 25
$28.0B
$9.8B
Q4 24
$27.8B
$9.4B
Q3 24
$28.8B
$9.9B
Q2 24
$27.5B
$9.7B
Debt / Equity
ORI
ORI
OSK
OSK
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.15×
Q2 24
0.15×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORI
ORI
OSK
OSK
Q1 26
Q4 25
$234.9M
$600.1M
Q3 25
$563.9M
$489.0M
Q2 25
$133.8M
$89.2M
Q1 25
$231.7M
$-394.9M
Q4 24
$361.7M
$790.8M
Q3 24
$474.8M
$326.1M
Q2 24
$236.5M
$-211.0M
Free Cash Flow
ORI
ORI
OSK
OSK
Q1 26
Q4 25
$540.3M
Q3 25
$464.3M
Q2 25
$48.6M
Q1 25
$-435.2M
Q4 24
$703.3M
Q3 24
$272.2M
Q2 24
$-250.5M
FCF Margin
ORI
ORI
OSK
OSK
Q1 26
Q4 25
20.1%
Q3 25
17.3%
Q2 25
1.8%
Q1 25
-18.8%
Q4 24
27.1%
Q3 24
9.9%
Q2 24
-8.8%
Capex Intensity
ORI
ORI
OSK
OSK
Q1 26
Q4 25
2.2%
Q3 25
0.9%
Q2 25
1.5%
Q1 25
1.7%
Q4 24
3.4%
Q3 24
2.0%
Q2 24
1.4%
Cash Conversion
ORI
ORI
OSK
OSK
Q1 26
Q4 25
1.14×
4.49×
Q3 25
2.02×
2.49×
Q2 25
0.65×
0.44×
Q1 25
0.95×
-3.52×
Q4 24
3.43×
5.17×
Q3 24
1.40×
1.81×
Q2 24
2.58×
-1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORI
ORI

operating$2.2B92%
net investment gains$201.8M8%

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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