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Side-by-side financial comparison of OSHKOSH CORP (OSK) and Rocket Companies, Inc. (RKT). Click either name above to swap in a different company.

Rocket Companies, Inc. is the larger business by last-quarter revenue ($2.7B vs $2.7B, roughly 1.0× OSHKOSH CORP). OSHKOSH CORP runs the higher net margin — 5.0% vs 2.5%, a 2.4% gap on every dollar of revenue. On growth, Rocket Companies, Inc. posted the faster year-over-year revenue change (52.2% vs 3.5%). OSHKOSH CORP produced more free cash flow last quarter ($540.3M vs $-1.3B). Over the past eight quarters, Rocket Companies, Inc.'s revenue compounded faster (39.5% CAGR vs 2.8%).

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.

Rocket Companies, Inc., is an American fintech and homeownership services company. Founded by Dan Gilbert and based in Downtown Detroit, Michigan, the company is one of the largest mortgage lenders in the United States through its flagship subsidiary Rocket Mortgage. Its subsidiaries include Redfin, Forsalebyowner.com, and Rocket Money.

OSK vs RKT — Head-to-Head

Bigger by revenue
RKT
RKT
1.0× larger
RKT
$2.7B
$2.7B
OSK
Growing faster (revenue YoY)
RKT
RKT
+48.7% gap
RKT
52.2%
3.5%
OSK
Higher net margin
OSK
OSK
2.4% more per $
OSK
5.0%
2.5%
RKT
More free cash flow
OSK
OSK
$1.8B more FCF
OSK
$540.3M
$-1.3B
RKT
Faster 2-yr revenue CAGR
RKT
RKT
Annualised
RKT
39.5%
2.8%
OSK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OSK
OSK
RKT
RKT
Revenue
$2.7B
$2.7B
Net Profit
$133.8M
$68.0M
Gross Margin
15.8%
Operating Margin
7.9%
6.3%
Net Margin
5.0%
2.5%
Revenue YoY
3.5%
52.2%
Net Profit YoY
-12.6%
100.8%
EPS (diluted)
$0.10

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
OSK
OSK
RKT
RKT
Q4 25
$2.7B
$2.7B
Q3 25
$2.7B
$1.6B
Q2 25
$2.7B
$1.4B
Q1 25
$2.3B
$1.0B
Q4 24
$2.6B
$1.8B
Q3 24
$2.7B
$646.9M
Q2 24
$2.8B
$1.3B
Q1 24
$2.5B
$1.4B
Net Profit
OSK
OSK
RKT
RKT
Q4 25
$133.8M
$68.0M
Q3 25
$196.2M
$-123.9M
Q2 25
$204.8M
$-1.8M
Q1 25
$112.2M
$-10.4M
Q4 24
$153.1M
$33.9M
Q3 24
$180.3M
$-22.0M
Q2 24
$168.6M
$1.3M
Q1 24
$179.4M
$16.2M
Gross Margin
OSK
OSK
RKT
RKT
Q4 25
15.8%
Q3 25
17.5%
Q2 25
19.2%
Q1 25
17.3%
Q4 24
17.2%
58.9%
Q3 24
18.5%
-8.4%
Q2 24
19.2%
47.4%
Q1 24
18.5%
51.2%
Operating Margin
OSK
OSK
RKT
RKT
Q4 25
7.9%
6.3%
Q3 25
9.7%
-11.5%
Q2 25
10.7%
1.8%
Q1 25
7.6%
-21.5%
Q4 24
8.6%
38.1%
Q3 24
9.7%
-76.9%
Q2 24
9.2%
14.8%
Q1 24
10.2%
21.6%
Net Margin
OSK
OSK
RKT
RKT
Q4 25
5.0%
2.5%
Q3 25
7.3%
-7.7%
Q2 25
7.5%
-0.1%
Q1 25
4.9%
-1.0%
Q4 24
5.9%
1.9%
Q3 24
6.6%
-3.4%
Q2 24
5.9%
0.1%
Q1 24
7.1%
1.2%
EPS (diluted)
OSK
OSK
RKT
RKT
Q4 25
$0.10
Q3 25
$-0.06
Q2 25
$-0.01
Q1 25
$-0.08
Q4 24
$0.28
Q3 24
$-0.19
Q2 24
$0.01
Q1 24
$0.11

Balance Sheet & Financial Strength

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

Metric
OSK
OSK
RKT
RKT
Cash + ST InvestmentsLiquidity on hand
$479.8M
$2.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.5B
$22.9B
Total Assets
$10.1B
$60.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSK
OSK
RKT
RKT
Q4 25
$479.8M
$2.7B
Q3 25
$211.8M
$5.8B
Q2 25
$191.7M
$5.1B
Q1 25
$210.3M
$1.4B
Q4 24
$204.9M
$1.3B
Q3 24
$160.9M
$1.2B
Q2 24
$141.4M
$1.3B
Q1 24
$69.9M
$861.4M
Total Debt
OSK
OSK
RKT
RKT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$602.3M
Q2 24
$599.1M
Q1 24
$598.9M
Stockholders' Equity
OSK
OSK
RKT
RKT
Q4 25
$4.5B
$22.9B
Q3 25
$4.5B
$8.9B
Q2 25
$4.5B
$7.4B
Q1 25
$4.2B
$8.6B
Q4 24
$4.2B
$9.0B
Q3 24
$4.1B
$8.4B
Q2 24
$3.9B
$8.8B
Q1 24
$3.8B
$8.6B
Total Assets
OSK
OSK
RKT
RKT
Q4 25
$10.1B
$60.7B
Q3 25
$9.8B
$33.6B
Q2 25
$10.0B
$30.4B
Q1 25
$9.8B
$25.3B
Q4 24
$9.4B
$24.5B
Q3 24
$9.9B
$25.1B
Q2 24
$9.7B
$23.6B
Q1 24
$9.5B
$22.2B
Debt / Equity
OSK
OSK
RKT
RKT
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
OSK
OSK
RKT
RKT
Operating Cash FlowLast quarter
$600.1M
$-1.2B
Free Cash FlowOCF − Capex
$540.3M
$-1.3B
FCF MarginFCF / Revenue
20.1%
-47.2%
Capex IntensityCapex / Revenue
2.2%
1.5%
Cash ConversionOCF / Net Profit
4.49×
-18.08×
TTM Free Cash FlowTrailing 4 quarters
$618.0M
$-4.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSK
OSK
RKT
RKT
Q4 25
$600.1M
$-1.2B
Q3 25
$489.0M
$-50.3M
Q2 25
$89.2M
$-1.9B
Q1 25
$-394.9M
$-797.0M
Q4 24
$790.8M
$1.8B
Q3 24
$326.1M
$-1.3B
Q2 24
$-211.0M
$-122.3M
Q1 24
$-355.8M
$-3.0B
Free Cash Flow
OSK
OSK
RKT
RKT
Q4 25
$540.3M
$-1.3B
Q3 25
$464.3M
$-71.8M
Q2 25
$48.6M
$-1.9B
Q1 25
$-435.2M
$-811.0M
Q4 24
$703.3M
$1.8B
Q3 24
$272.2M
$-1.4B
Q2 24
$-250.5M
$-138.3M
Q1 24
$-455.9M
$-3.0B
FCF Margin
OSK
OSK
RKT
RKT
Q4 25
20.1%
-47.2%
Q3 25
17.3%
-4.5%
Q2 25
1.8%
-137.2%
Q1 25
-18.8%
-78.2%
Q4 24
27.1%
103.1%
Q3 24
9.9%
-209.6%
Q2 24
-8.8%
-10.6%
Q1 24
-17.9%
-218.7%
Capex Intensity
OSK
OSK
RKT
RKT
Q4 25
2.2%
1.5%
Q3 25
0.9%
1.3%
Q2 25
1.5%
1.1%
Q1 25
1.7%
1.4%
Q4 24
3.4%
1.1%
Q3 24
2.0%
2.9%
Q2 24
1.4%
1.2%
Q1 24
3.9%
1.0%
Cash Conversion
OSK
OSK
RKT
RKT
Q4 25
4.49×
-18.08×
Q3 25
2.49×
Q2 25
0.44×
Q1 25
-3.52×
Q4 24
5.17×
54.42×
Q3 24
1.81×
Q2 24
-1.25×
-94.46×
Q1 24
-1.98×
-185.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RKT
RKT

Other$1.4B51%
Direct To Customer Segment$945.8M35%
Partner Network Segment$216.7M8%
Subscription Revenue$91.3M3%
Closing Fees$47.1M2%
Appraisal Revenue$10.7M0%

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