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Oshkosh OSK Q1 2024 earnings

Reported April 25, 2024 · Before market open

Revenue$2.5BMiss by $173.1M
EPS$2.89Beat by $0.64
Revenue estimate$2.7B
EPS estimate$2.25

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$2.9B
EPS estimate$3.41

Financials

Q1 2024

Income statement

See full
Revenue$2.5B+12.2%
Gross profit$470.0M+40.8%
Operating income$259.7M+98.5%
Net income$179.4M+103%
EPS (diluted)$2.71+102%

Balance sheet

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Cash & equivalents$69.9M-87.0%
Total debt$1.2B+108%
Total equity$3.8B+17.8%
Total assets$9.5B+19.6%

Cash flow

See full
Operating cash flow-$355.8M-546%
CapEx$100.1M-10.2%
Free cash flow-$455.9M-1,338%

Valuation & ratios

Valuation

as of 03/31/24
See full
Market cap$8.15B+50.0%
Enterprise value$9.32B+69.7%
P/E11.8×-8.9×
P/S0.8×+0.2×

Profitability

See full
Gross margin18.3%+4.7pp
Operating margin9.7%+4.3pp
Net margin6.9%+3.9pp
FCF margin-1.5%-1.5pp

Returns & leverage

See full
Return on equity19.5%+11.0pp
Debt / equity0.3×+0.1×
Current ratio1.4×-0.4×

Segments

By product

See full
Aerial Works Platforms$591.0M-1.8%
Telehandlers$373.4M+9.4%
Other Vocational$297.9M+125%
Other Access Equipment$273.1M+9.3%

By segment

See full
Access$1.2B+3.7%
Vocational$772.4M+37.3%

By geography

See full
EMEA$192.0M-14.2%
Rest Of World$107.9M-6.7%

Versus estimates

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Questions, answered.

When did Oshkosh report Q1 2024 earnings?
Oshkosh (OSK) reported Q1 2024 earnings on April 25, 2024 before market open.
What were Oshkosh's Q1 2024 revenue and EPS?
Oshkosh reported revenue of $2.5B and eps of $2.89 for Q1 2024.
Did Oshkosh beat estimates in Q1 2024?
Revenue missed the consensus estimate of $2.7B by $173.1M. EPS beat the consensus estimate of $2.25 by $0.64.
Where can I find Oshkosh's Q1 2024 SEC filings?
You can read the 10-Q periodic report (0000950170-24-048137) directly on SEC EDGAR. The filing index links above go to sec.gov.