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

Synchrony Financial is the larger business by last-quarter revenue ($4.8B vs $2.7B, roughly 1.8× OSHKOSH CORP). Synchrony Financial runs the higher net margin — 15.8% vs 5.0%, a 10.8% gap on every dollar of revenue. On growth, Synchrony Financial posted the faster year-over-year revenue change (3.7% vs 3.5%). Over the past eight quarters, Synchrony Financial's revenue compounded faster (4.0% 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.

Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries and consumers through Synchrony Bank, its wholly owned online bank subsidiary.

OSK vs SYF — Head-to-Head

Bigger by revenue
SYF
SYF
1.8× larger
SYF
$4.8B
$2.7B
OSK
Growing faster (revenue YoY)
SYF
SYF
+0.2% gap
SYF
3.7%
3.5%
OSK
Higher net margin
SYF
SYF
10.8% more per $
SYF
15.8%
5.0%
OSK
Faster 2-yr revenue CAGR
SYF
SYF
Annualised
SYF
4.0%
2.8%
OSK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OSK
OSK
SYF
SYF
Revenue
$2.7B
$4.8B
Net Profit
$133.8M
$751.0M
Gross Margin
15.8%
Operating Margin
7.9%
20.0%
Net Margin
5.0%
15.8%
Revenue YoY
3.5%
3.7%
Net Profit YoY
-12.6%
-3.0%
EPS (diluted)
$2.03

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
SYF
SYF
Q4 25
$2.7B
$4.8B
Q3 25
$2.7B
$4.7B
Q2 25
$2.7B
$4.5B
Q1 25
$2.3B
$4.5B
Q4 24
$2.6B
$4.6B
Q3 24
$2.7B
$4.6B
Q2 24
$2.8B
$4.4B
Q1 24
$2.5B
$4.4B
Net Profit
OSK
OSK
SYF
SYF
Q4 25
$133.8M
$751.0M
Q3 25
$196.2M
$1.1B
Q2 25
$204.8M
$967.0M
Q1 25
$112.2M
$757.0M
Q4 24
$153.1M
$774.0M
Q3 24
$180.3M
$789.0M
Q2 24
$168.6M
$643.0M
Q1 24
$179.4M
$1.3B
Gross Margin
OSK
OSK
SYF
SYF
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%
Q1 24
18.5%
Operating Margin
OSK
OSK
SYF
SYF
Q4 25
7.9%
20.0%
Q3 25
9.7%
30.3%
Q2 25
10.7%
27.8%
Q1 25
7.6%
22.0%
Q4 24
8.6%
21.2%
Q3 24
9.7%
22.3%
Q2 24
9.2%
19.2%
Q1 24
10.2%
38.8%
Net Margin
OSK
OSK
SYF
SYF
Q4 25
5.0%
15.8%
Q3 25
7.3%
22.8%
Q2 25
7.5%
21.4%
Q1 25
4.9%
17.0%
Q4 24
5.9%
16.9%
Q3 24
6.6%
17.1%
Q2 24
5.9%
14.6%
Q1 24
7.1%
29.4%
EPS (diluted)
OSK
OSK
SYF
SYF
Q4 25
$2.03
Q3 25
$2.86
Q2 25
$2.50
Q1 25
$1.89
Q4 24
$1.92
Q3 24
$1.94
Q2 24
$1.55
Q1 24
$3.14

Balance Sheet & Financial Strength

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

Metric
OSK
OSK
SYF
SYF
Cash + ST InvestmentsLiquidity on hand
$479.8M
$15.0B
Total DebtLower is stronger
$15.2B
Stockholders' EquityBook value
$4.5B
$16.8B
Total Assets
$10.1B
$119.1B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSK
OSK
SYF
SYF
Q4 25
$479.8M
$15.0B
Q3 25
$211.8M
$16.2B
Q2 25
$191.7M
$19.5B
Q1 25
$210.3M
$21.6B
Q4 24
$204.9M
$14.7B
Q3 24
$160.9M
$17.9B
Q2 24
$141.4M
$18.6B
Q1 24
$69.9M
$20.0B
Total Debt
OSK
OSK
SYF
SYF
Q4 25
$15.2B
Q3 25
$14.4B
Q2 25
$16.0B
Q1 25
$17.0B
Q4 24
$15.5B
Q3 24
$602.3M
$15.6B
Q2 24
$599.1M
$15.6B
Q1 24
$598.9M
$16.1B
Stockholders' Equity
OSK
OSK
SYF
SYF
Q4 25
$4.5B
$16.8B
Q3 25
$4.5B
$17.1B
Q2 25
$4.5B
$17.0B
Q1 25
$4.2B
$16.6B
Q4 24
$4.2B
$16.6B
Q3 24
$4.1B
$16.0B
Q2 24
$3.9B
$15.5B
Q1 24
$3.8B
$15.3B
Total Assets
OSK
OSK
SYF
SYF
Q4 25
$10.1B
$119.1B
Q3 25
$9.8B
$117.0B
Q2 25
$10.0B
$120.5B
Q1 25
$9.8B
$122.0B
Q4 24
$9.4B
$119.5B
Q3 24
$9.9B
$119.2B
Q2 24
$9.7B
$120.5B
Q1 24
$9.5B
$121.2B
Debt / Equity
OSK
OSK
SYF
SYF
Q4 25
0.91×
Q3 25
0.85×
Q2 25
0.94×
Q1 25
1.03×
Q4 24
0.93×
Q3 24
0.15×
0.98×
Q2 24
0.15×
1.01×
Q1 24
0.16×
1.06×

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
SYF
SYF
Operating Cash FlowLast quarter
$600.1M
$2.5B
Free Cash FlowOCF − Capex
$540.3M
FCF MarginFCF / Revenue
20.1%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
4.49×
3.27×
TTM Free Cash FlowTrailing 4 quarters
$618.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSK
OSK
SYF
SYF
Q4 25
$600.1M
$2.5B
Q3 25
$489.0M
$2.6B
Q2 25
$89.2M
$2.6B
Q1 25
$-394.9M
$2.2B
Q4 24
$790.8M
$2.4B
Q3 24
$326.1M
$2.8B
Q2 24
$-211.0M
$2.5B
Q1 24
$-355.8M
$2.2B
Free Cash Flow
OSK
OSK
SYF
SYF
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
Q1 24
$-455.9M
FCF Margin
OSK
OSK
SYF
SYF
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%
Q1 24
-17.9%
Capex Intensity
OSK
OSK
SYF
SYF
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%
Q1 24
3.9%
Cash Conversion
OSK
OSK
SYF
SYF
Q4 25
4.49×
3.27×
Q3 25
2.49×
2.45×
Q2 25
0.44×
2.65×
Q1 25
-3.52×
2.91×
Q4 24
5.17×
3.04×
Q3 24
1.81×
3.50×
Q2 24
-1.25×
3.86×
Q1 24
-1.98×
1.74×

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%

SYF
SYF

Segment breakdown not available.

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