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Oshkosh OSK Defense — Goodwill

Discontinued — last reported Q2 '24

Other segment segments

Access
$1.05B+2.3%
Vocational
$393.6M+0.1%
Corporate And Other
$44.4M0.0%

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$1.35B+0.4%

Other financials

Income statement

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Revenue$2.3B+0.2%
Gross profit$311.9M-22.0%
Operating income$82.0M-53.2%
Net income$43.1M-61.6%
EPS (diluted)$0.68-60.5%

Balance sheet

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Cash & equivalents$250.3M+19.0%
Total debt$1.1B-22.4%
Total equity$4.5B+5.5%
Total assets$10.0B+2.0%

Cash flow

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Operating cash flow-$161.0M+59.2%
CapEx$28.1M-30.3%
Free cash flow-$189.1M+56.5%

Valuation

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Market cap$8.7B+51.7%
Enterprise value$9.6B+37.7%
P/E15.1×+5.7×
P/S0.8×+0.3×

Profitability

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Gross margin16.6%-1.5pp
Operating margin8.1%-0.7pp
Net margin5.5%-0.3pp
FCF margin8.3%+5.5pp

Returns & leverage

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Return on equity13.3%-2.0pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Oshkosh in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Oshkosh’s 10-Q, filed July 31, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oshkosh's defense — goodwill?
Oshkosh (OSK) reported defense — goodwill of $5.7M in Q2 2024.
How has Oshkosh's defense — goodwill changed year-over-year?
Oshkosh's defense — goodwill decreased by 87.2% year-over-year, from $44.4M to $5.7M.
What is the long-term trend for Oshkosh's defense — goodwill?
Over 2 years (2021 to 2023), Oshkosh's defense — goodwill has grown at a -7.7% compound annual growth rate (CAGR), from $208.6M to $177.6M.
What does defense — goodwill mean?
The value of intangible assets like brand and customer base recorded after an acquisition.
How do you interpret defense — goodwill?
High levels indicate significant historical M&A activity, while changes reflect acquisitions, divestitures, or impairment charges.
How does defense — goodwill compare across companies?
Standard balance sheet item; peers with high goodwill are typically those that have grown aggressively through acquisitions.