vs

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

Targa Resources is the larger business by last-quarter revenue ($4.1B vs $2.3B, roughly 1.8× OSHKOSH CORP). Targa Resources runs the higher net margin — 11.9% vs 1.9%, a 10.0% gap on every dollar of revenue. On growth, OSHKOSH CORP posted the faster year-over-year revenue change (0.2% vs -10.2%). Over the past eight quarters, Targa Resources's revenue compounded faster (15.9% CAGR vs -9.8%).

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.

Targa Resources Corp. is a Fortune 500 company based in Houston, Texas. Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States. Their operations are based largely, though not entirely, on the Gulf Coast, particularly in Texas and Louisiana. Matthew J. Meloy has been Chief Executive Officer since 2020.

OSK vs TRGP — Head-to-Head

Bigger by revenue
TRGP
TRGP
1.8× larger
TRGP
$4.1B
$2.3B
OSK
Growing faster (revenue YoY)
OSK
OSK
+10.4% gap
OSK
0.2%
-10.2%
TRGP
Higher net margin
TRGP
TRGP
10.0% more per $
TRGP
11.9%
1.9%
OSK
Faster 2-yr revenue CAGR
TRGP
TRGP
Annualised
TRGP
15.9%
-9.8%
OSK

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OSK
OSK
TRGP
TRGP
Revenue
$2.3B
$4.1B
Net Profit
$43.1M
$487.4M
Gross Margin
13.5%
Operating Margin
3.5%
Net Margin
1.9%
11.9%
Revenue YoY
0.2%
-10.2%
Net Profit YoY
-61.6%
74.2%
EPS (diluted)
$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
OSK
OSK
TRGP
TRGP
Q1 26
$2.3B
$4.1B
Q4 25
$2.7B
$4.1B
Q3 25
$2.7B
$4.2B
Q2 25
$2.7B
$4.3B
Q1 25
$2.3B
$4.6B
Q4 24
$2.6B
$4.4B
Q3 24
$2.7B
$3.9B
Q2 24
$2.8B
$3.0B
Net Profit
OSK
OSK
TRGP
TRGP
Q1 26
$43.1M
$487.4M
Q4 25
$133.8M
$545.0M
Q3 25
$196.2M
$478.4M
Q2 25
$204.8M
$629.1M
Q1 25
$112.2M
$270.5M
Q4 24
$153.1M
$350.9M
Q3 24
$180.3M
$387.4M
Q2 24
$168.6M
$298.5M
Gross Margin
OSK
OSK
TRGP
TRGP
Q1 26
13.5%
Q4 25
15.8%
43.1%
Q3 25
17.5%
39.6%
Q2 25
19.2%
42.8%
Q1 25
17.3%
28.6%
Q4 24
17.2%
33.7%
Q3 24
18.5%
38.6%
Q2 24
19.2%
27.9%
Operating Margin
OSK
OSK
TRGP
TRGP
Q1 26
3.5%
Q4 25
7.9%
22.6%
Q3 25
9.7%
20.2%
Q2 25
10.7%
24.3%
Q1 25
7.6%
11.9%
Q4 24
8.6%
15.9%
Q3 24
9.7%
18.9%
Q2 24
9.2%
20.6%
Net Margin
OSK
OSK
TRGP
TRGP
Q1 26
1.9%
11.9%
Q4 25
5.0%
13.4%
Q3 25
7.3%
11.5%
Q2 25
7.5%
14.8%
Q1 25
4.9%
5.9%
Q4 24
5.9%
8.0%
Q3 24
6.6%
10.1%
Q2 24
5.9%
9.8%
EPS (diluted)
OSK
OSK
TRGP
TRGP
Q1 26
$0.68
Q4 25
$2.51
Q3 25
$2.20
Q2 25
$2.87
Q1 25
$0.91
Q4 24
$1.44
Q3 24
$1.75
Q2 24
$1.33

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSK
OSK
TRGP
TRGP
Q1 26
$250.3M
Q4 25
$479.8M
$166.1M
Q3 25
$211.8M
$124.1M
Q2 25
$191.7M
$113.1M
Q1 25
$210.3M
$151.4M
Q4 24
$204.9M
$157.3M
Q3 24
$160.9M
$127.2M
Q2 24
$141.4M
$166.4M
Total Debt
OSK
OSK
TRGP
TRGP
Q1 26
$600.6M
Q4 25
$16.7B
Q3 25
$16.7B
Q2 25
$16.1B
Q1 25
$15.5B
Q4 24
$13.8B
Q3 24
$602.3M
$13.6B
Q2 24
$599.1M
$13.0B
Stockholders' Equity
OSK
OSK
TRGP
TRGP
Q1 26
Q4 25
$4.5B
$3.1B
Q3 25
$4.5B
$2.7B
Q2 25
$4.5B
$2.6B
Q1 25
$4.2B
$2.5B
Q4 24
$4.2B
$2.6B
Q3 24
$4.1B
$2.6B
Q2 24
$3.9B
$2.5B
Total Assets
OSK
OSK
TRGP
TRGP
Q1 26
$10.0B
Q4 25
$10.1B
$25.2B
Q3 25
$9.8B
$24.2B
Q2 25
$10.0B
$23.5B
Q1 25
$9.8B
$22.8B
Q4 24
$9.4B
$22.7B
Q3 24
$9.9B
$21.9B
Q2 24
$9.7B
$21.3B
Debt / Equity
OSK
OSK
TRGP
TRGP
Q1 26
Q4 25
5.43×
Q3 25
6.19×
Q2 25
6.21×
Q1 25
6.34×
Q4 24
5.32×
Q3 24
0.15×
5.28×
Q2 24
0.15×
5.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OSK
OSK

Segment breakdown not available.

TRGP
TRGP

Sales of commodities$3.3B82%
Fees from midstream services$750.1M18%

Related Comparisons