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Side-by-side financial comparison of OSHKOSH CORP (OSK) and T. Rowe Price (TROW). Click either name above to swap in a different company.

OSHKOSH CORP is the larger business by last-quarter revenue ($2.7B vs $1.9B, roughly 1.4× T. Rowe Price). T. Rowe Price runs the higher net margin — 23.0% vs 5.0%, a 18.0% gap on every dollar of revenue. On growth, T. Rowe Price posted the faster year-over-year revenue change (6.0% vs 3.5%). OSHKOSH CORP produced more free cash flow last quarter ($540.3M vs $-85.4M). Over the past eight quarters, T. Rowe Price's revenue compounded faster (5.1% 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.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

OSK vs TROW — Head-to-Head

Bigger by revenue
OSK
OSK
1.4× larger
OSK
$2.7B
$1.9B
TROW
Growing faster (revenue YoY)
TROW
TROW
+2.5% gap
TROW
6.0%
3.5%
OSK
Higher net margin
TROW
TROW
18.0% more per $
TROW
23.0%
5.0%
OSK
More free cash flow
OSK
OSK
$625.7M more FCF
OSK
$540.3M
$-85.4M
TROW
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
5.1%
2.8%
OSK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OSK
OSK
TROW
TROW
Revenue
$2.7B
$1.9B
Net Profit
$133.8M
$445.3M
Gross Margin
15.8%
Operating Margin
7.9%
24.4%
Net Margin
5.0%
23.0%
Revenue YoY
3.5%
6.0%
Net Profit YoY
-12.6%
1.2%
EPS (diluted)
$1.98

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
TROW
TROW
Q4 25
$2.7B
$1.9B
Q3 25
$2.7B
$1.9B
Q2 25
$2.7B
$1.7B
Q1 25
$2.3B
$1.8B
Q4 24
$2.6B
$1.8B
Q3 24
$2.7B
$1.8B
Q2 24
$2.8B
$1.7B
Q1 24
$2.5B
$1.8B
Net Profit
OSK
OSK
TROW
TROW
Q4 25
$133.8M
$445.3M
Q3 25
$196.2M
$646.1M
Q2 25
$204.8M
$505.2M
Q1 25
$112.2M
$490.5M
Q4 24
$153.1M
$439.9M
Q3 24
$180.3M
$603.0M
Q2 24
$168.6M
$483.4M
Q1 24
$179.4M
$573.8M
Gross Margin
OSK
OSK
TROW
TROW
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
TROW
TROW
Q4 25
7.9%
24.4%
Q3 25
9.7%
34.0%
Q2 25
10.7%
27.8%
Q1 25
7.6%
33.8%
Q4 24
8.6%
31.2%
Q3 24
9.7%
34.4%
Q2 24
9.2%
32.6%
Q1 24
10.2%
33.5%
Net Margin
OSK
OSK
TROW
TROW
Q4 25
5.0%
23.0%
Q3 25
7.3%
34.1%
Q2 25
7.5%
29.3%
Q1 25
4.9%
27.8%
Q4 24
5.9%
24.1%
Q3 24
6.6%
33.8%
Q2 24
5.9%
27.9%
Q1 24
7.1%
32.8%
EPS (diluted)
OSK
OSK
TROW
TROW
Q4 25
$1.98
Q3 25
$2.87
Q2 25
$2.24
Q1 25
$2.15
Q4 24
$1.91
Q3 24
$2.64
Q2 24
$2.11
Q1 24
$2.49

Balance Sheet & Financial Strength

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

Metric
OSK
OSK
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$479.8M
$3.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.5B
$10.9B
Total Assets
$10.1B
$14.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSK
OSK
TROW
TROW
Q4 25
$479.8M
$3.4B
Q3 25
$211.8M
$3.6B
Q2 25
$191.7M
$3.1B
Q1 25
$210.3M
$2.8B
Q4 24
$204.9M
$2.6B
Q3 24
$160.9M
$3.2B
Q2 24
$141.4M
$2.7B
Q1 24
$69.9M
$2.4B
Total Debt
OSK
OSK
TROW
TROW
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
TROW
TROW
Q4 25
$4.5B
$10.9B
Q3 25
$4.5B
$10.8B
Q2 25
$4.5B
$10.6B
Q1 25
$4.2B
$10.4B
Q4 24
$4.2B
$10.3B
Q3 24
$4.1B
$10.2B
Q2 24
$3.9B
$9.9B
Q1 24
$3.8B
$9.8B
Total Assets
OSK
OSK
TROW
TROW
Q4 25
$10.1B
$14.3B
Q3 25
$9.8B
$14.7B
Q2 25
$10.0B
$14.3B
Q1 25
$9.8B
$14.0B
Q4 24
$9.4B
$13.5B
Q3 24
$9.9B
$13.7B
Q2 24
$9.7B
$13.1B
Q1 24
$9.5B
$12.9B
Debt / Equity
OSK
OSK
TROW
TROW
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
TROW
TROW
Operating Cash FlowLast quarter
$600.1M
$-18.7M
Free Cash FlowOCF − Capex
$540.3M
$-85.4M
FCF MarginFCF / Revenue
20.1%
-4.4%
Capex IntensityCapex / Revenue
2.2%
3.4%
Cash ConversionOCF / Net Profit
4.49×
-0.04×
TTM Free Cash FlowTrailing 4 quarters
$618.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSK
OSK
TROW
TROW
Q4 25
$600.1M
$-18.7M
Q3 25
$489.0M
$609.3M
Q2 25
$89.2M
$529.9M
Q1 25
$-394.9M
$632.9M
Q4 24
$790.8M
$-281.9M
Q3 24
$326.1M
$652.5M
Q2 24
$-211.0M
$677.7M
Q1 24
$-355.8M
$637.3M
Free Cash Flow
OSK
OSK
TROW
TROW
Q4 25
$540.3M
$-85.4M
Q3 25
$464.3M
$546.0M
Q2 25
$48.6M
$467.7M
Q1 25
$-435.2M
$550.9M
Q4 24
$703.3M
$-394.9M
Q3 24
$272.2M
$547.9M
Q2 24
$-250.5M
$574.4M
Q1 24
$-455.9M
$534.8M
FCF Margin
OSK
OSK
TROW
TROW
Q4 25
20.1%
-4.4%
Q3 25
17.3%
28.8%
Q2 25
1.8%
27.1%
Q1 25
-18.8%
31.2%
Q4 24
27.1%
-21.6%
Q3 24
9.9%
30.7%
Q2 24
-8.8%
33.1%
Q1 24
-17.9%
30.6%
Capex Intensity
OSK
OSK
TROW
TROW
Q4 25
2.2%
3.4%
Q3 25
0.9%
3.3%
Q2 25
1.5%
3.6%
Q1 25
1.7%
4.6%
Q4 24
3.4%
6.2%
Q3 24
2.0%
5.9%
Q2 24
1.4%
6.0%
Q1 24
3.9%
5.9%
Cash Conversion
OSK
OSK
TROW
TROW
Q4 25
4.49×
-0.04×
Q3 25
2.49×
0.94×
Q2 25
0.44×
1.05×
Q1 25
-3.52×
1.29×
Q4 24
5.17×
-0.64×
Q3 24
1.81×
1.08×
Q2 24
-1.25×
1.40×
Q1 24
-1.98×
1.11×

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%

TROW
TROW

Asset Management1$1.7B90%
Administrative Distribution Servicing And Other Fee Revenue$141.5M7%
Other$40.8M2%
Performance Based Advisory Fees$14.2M1%

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