Oshkosh Corporation

OSKNYSEIndustrials● Active

$131.96

+$1.43(+1.10%)

Market Cap$8.2B

P/E Ratio—

52W High$180.49

52W Low$103.13

Avg Volume712K

Open$131.42

Beta1.26

Free Cash Flow Financials Revenue

Oshkosh Corporation (OSK) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

OSK · free cash flow · updated Jun 8, 2026

Core FCF metrics

OSK · FCF · TTM · margin & CAGR

Free cash flow was $618.0M for FY2025 (fiscal year ending 2025-12-31), up 129.7% year-over-year The FCF margin was 5.9%. Five-year CAGR stands at +25.7%.

FY2025 Free Cash Flow$618.0M▲ +129.7% YoY

Trailing 12M (TTM)$848.5Mtrailing 4 quarters sum

FCF Margin5.9%$618.0M ÷ revenue

3-Year CAGR+23.0%FY2022 → FY2025

5-Year CAGR+25.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

OSK · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$783.4M(165M)$618.0M▲ +129.7%5.9%

FY2024$550.1M(281M)$269.1M▼ 1.9%2.5%

FY2023$599.6M(325M)$274.3M▼ 17.3%2.8%

FY2022$601.3M(270M)$331.8M▼ 70.0%4.0%

FY2021$1.22B(115M)$1.11B▲ +461.5%14.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

OSK · P/FCF · FCF yield · FCF per share

Oshkosh Corporation (OSK) trades at a FCF yield of 10.33% and a price-to-free-cash-flow ratio of 10.0x. FCF per share stands at $13.22, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

10.33%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$13.22

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x10.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

OSK · cash flow statement · operating / investing / financing

For FY2025, Oshkosh Corporation generated $783.4M in operating cash flow and spent 165M in capital expenditures, yielding $618.0M in free cash flow.

Operating Activities

+$783.4M

Cash from core business operations

2025-12-31

Investing Activities

−$204.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$315.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($783.4M) − |CapEx| (165M) = FCF ($618.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

OSK vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Oshkosh CorporationYOU

OSK

$618.0M+129.7%5.9%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Oshkosh Corporation (OSK) reported free cash flow of $618.0M for FY2025 (fiscal year ending 2025-12-31), up 129.7% year-over-year. The FCF margin was 5.9%.

Based on available data, Oshkosh Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.11B in FY2021. The 5-year CAGR stands at +25.7%.

Oshkosh Corporation's FCF yield is 10.33% and price-to-FCF ratio is 10.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

OSK free cash flow · 8 questions

Oshkosh Corporation free cash flow was $618.0M for FY2025, up 129.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $848.5M.

OSK free cash flowOSK FCFOSK FCF 2025OSK free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Oshkosh Corporation · Oshkosh Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026