Oshkosh Management
Management criteria checks 3/4
Oshkosh's CEO is John Pfeifer, appointed in May 2020, has a tenure of 6.08 years. total yearly compensation is $12.94M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $19.89M. The average tenure of the management team and the board of directors is 3.5 years and 5.9 years respectively.
Key information
John Pfeifer
Chief executive officer
US$12.9m
Total compensation
| CEO salary percentage | 9.62% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.5yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Narrative Update • Jun 01
OSK: Tariff Headwinds And Execution Risks Will Test Backlog Driven Outlook
Oshkosh's analyst fair value estimate shifts to $138 from $125, as analysts adjust assumptions around revenue growth, profit margins, discount rate, and future P/E in light of a recent wave of reduced price targets across the Street. Analyst Commentary Recent Street research on Oshkosh has leaned more cautious, with several firms trimming price targets and one high profile downgrade.
Narrative Update • May 15
OSK: AI Waste Tech And Mega Projects Will Support Future Upswing
Oshkosh's updated analyst price target has shifted to $164.79 from $172.67. This reflects a series of target reductions across firms as analysts incorporate a higher discount rate alongside assumptions for steadier revenue growth, profit margins, and a lower future P/E multiple.Seeking Alpha • May 11
Oshkosh: A Tough Start And Uncertain End-Markets Weigh On Sentiment
Summary Oshkosh faces near-term pressure after a weak Q1, but I remain bullish on long-term upside potential from a broader non-residential construction recovery. Current guidance is heavily back-end weighted, requiring strong H2 execution amid macro and sector uncertainties. OSK should benefit from healthy backlogs, pricing actions, and exposure to data centers, power, and mega-projects, with automation offering some competitive differentiation. Valuation appears attractive below $150–$160, with upside if non-residential construction rebounds more quickly. Read the full article on Seeking Alpha
Narrative Update • Apr 28
OSK: Non Residential Construction And AI Systems Will Support Medium Term Earnings Power
Oshkosh's analyst price target framework is unchanged at $204, as analysts balance modest tweaks to growth, margin, and P/E assumptions with mixed recent research that includes both target increases driven by stronger non-residential construction and several target cuts that cite more cautious views. Analyst Commentary Recent Street research around Oshkosh reflects a mix of enthusiasm tied to construction end markets and more cautious moves on individual price targets.Narrative Update • Apr 14
OSK: Non Residential Construction Demand Will Support Medium Term Earnings Power
The analyst fair value estimate for Oshkosh has shifted to $204 from $183, as analysts incorporate updated price targets that reflect mixed recent revisions but continued support from firms citing stronger non residential construction and rental equipment demand. Analyst Commentary Recent research on Oshkosh reflects a mix of recalibrated targets and ratings, with several firms adjusting their views as they update assumptions around construction activity and rental equipment demand.Narrative Update • Mar 31
OSK: AI And Autonomy Will Ride Mega Project Construction Upswing
Oshkosh’s analyst price targets have shifted higher, with several firms now in the $175 to $204 range. Analysts cite stronger confidence in U.S. non-residential construction, healthier rental equipment trends, and a solid pipeline of large construction projects.Narrative Update • Mar 17
OSK: Autonomy And AI Will Leverage Rebound In Non Residential Construction
The updated analyst price target for Oshkosh edges higher to about $173, reflecting slightly stronger assumptions around revenue growth, profit margins, and future P/E multiples, as analysts in recent research point to improving U.S. non residential construction trends and equipment rental demand. Analyst Commentary Recent research on Oshkosh reflects a generally constructive tone, with multiple firms adjusting price targets and ratings as they reassess construction exposure, rental equipment trends, and private non residential spending assumptions.Narrative Update • Mar 03
OSK: Autonomy And AI Set To Meet Construction Cycle Reassessment
The analyst price target for Oshkosh in our model has shifted from $160.53 to $168.73, reflecting updated Street research that cites adjusted construction forecasts and a series of recent target changes following reassessments of demand across non residential construction and related end markets. Analyst Commentary Street research on Oshkosh has been active, with several firms revising price targets and ratings as they reassess non residential construction demand, capital spending in areas like data centers and power, and the company’s ability to execute against that backdrop.Narrative Update • Feb 17
OSK: Medium Term Earnings Power Will Offset Mixed Expectations For Access Demand
The analyst price target for Oshkosh has eased by $2 to $183, reflecting a mix of recent target raises and cuts as analysts adjust their views on revenue growth, margins, and the appropriate future P/E multiple. Analyst Commentary Recent research on Oshkosh shows a mix of higher and lower price targets, with several bullish analysts highlighting potential for execution on current initiatives and support for the current valuation framework.Narrative Update • Feb 02
OSK: Autonomy And AI Technologies Will Drive Future Upside Potential
The analyst price target for Oshkosh has moved higher to reflect a fair value estimate of about $160.53, with analysts pointing to updated assumptions for revenue growth, profit margins and future P/E multiples informed by their recent target changes across firms such as DA Davidson, Citi, Truist, UBS, Baird, JPMorgan, Wells Fargo and BofA. Analyst Commentary Bullish and bearish analysts have both been active on Oshkosh, updating price targets in quick succession and contributing to the current blended fair value view around $160.53.Analysis Article • Feb 01
Oshkosh's (NYSE:OSK) Dividend Will Be Increased To $0.57
Oshkosh Corporation's ( NYSE:OSK ) dividend will be increasing from last year's payment of the same period to $0.57 on...Narrative Update • Jan 19
OSK: Fair Value View Balances Autonomy Push With Tariff And Demand Risks
Analysts have raised their Oshkosh fair value estimate by about $3 to $156.51, citing higher price targets from multiple firms and updated assumptions that combine slightly lower revenue growth with a stronger profit margin profile and a modestly lower future P/E. Analyst Commentary Recent research on Oshkosh has been active, with several firms adjusting their price targets and reacting to the latest earnings print.Narrative Update • Jan 04
OSK: Tariff Uncertainty And Access Demand Weakness Will Shape Earnings Outlook
Analysts have raised their Oshkosh fair value estimate from $90.00 to $125.00 per share, reflecting slightly higher assumed discount and growth rates as they balance near term weakness in Access equipment demand with a still constructive longer term earnings outlook. Analyst Commentary Bearish analysts have recently tempered their expectations for Oshkosh, pointing to a more challenging demand backdrop and execution risks that could cap upside to the newly raised fair value estimate.Narrative Update • Dec 14
OSK: Medium Term Earnings Power Will Outweigh Access Demand Headwinds
Analysts have modestly reduced their price target on Oshkosh to approximately $185 from about $188, reflecting slightly softer revenue growth expectations, a higher perceived risk profile, and tempered valuation multiples following recent earnings and demand headwinds. Analyst Commentary Bullish analysts acknowledge that the near term outlook has been clouded by softer demand in certain end markets, but they continue to view Oshkosh as fundamentally well positioned to execute on its long term strategy.Analysis Article • Nov 01
Oshkosh Corporation Recorded A 5.1% Miss On Revenue: Analysts Are Revisiting Their Models
There's been a notable change in appetite for Oshkosh Corporation ( NYSE:OSK ) shares in the week since its quarterly...Narrative Update • Oct 29
Earnings Estimate Revisions Will Drive Additional Momentum Despite Tariff Headwinds
Oshkosh's price target has been raised from $147 to $171 per share, as analysts point to upward earnings estimate revisions and expectations for multiple expansion in the machinery sector. Analyst Commentary Bullish and bearish analyst viewpoints have emerged in response to recent macroeconomic shifts and company-specific developments impacting Oshkosh and its sector.Narrative Update • Oct 14
Infrastructure Expansion And Electric Mobility Will Define Future Markets
Oshkosh's analyst price target has increased to $153.08 from $150.54, as analysts cite strong sector earnings momentum and expectations for modest multiple expansion. This comes despite ongoing tariff headwinds impacting heavy equipment manufacturers.Analysis Article • Sep 10
Oshkosh Corporation (NYSE:OSK) Might Not Be As Mispriced As It Looks
With a price-to-earnings (or "P/E") ratio of 13.4x Oshkosh Corporation ( NYSE:OSK ) may be sending bullish signals at...Narrative Update • Aug 27
Infrastructure Expansion And Electric Mobility Will Define Future Markets
Oshkosh's consensus price target was raised following upward earnings revisions, stronger Q2 results, and improved outlook on margins and tariff risks, leading analysts to lift fair value from $144.34 to $147.19. Analyst Commentary Bullish analysts see upwardly revised earnings estimates and the potential for further multiple expansion in the machinery sector following strong Q2 results.Analysis Article • Aug 04
Earnings Beat: Oshkosh Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
As you might know, Oshkosh Corporation ( NYSE:OSK ) just kicked off its latest quarterly results with some very strong...Analysis Article • Jun 10
Oshkosh Corporation (NYSE:OSK) Shares Could Be 46% Below Their Intrinsic Value Estimate
Key Insights Oshkosh's estimated fair value is US$204 based on 2 Stage Free Cash Flow to Equity Oshkosh is estimated to...Seeking Alpha • Mar 11
Oshkosh Expected To Slip This Year, Rebound In 2026
Summary Oshkosh Corporation's earnings have plateaued despite steady revenue growth, with a forecasted dip in 2025, leading to a 'Hold' rating. The company specializes in purpose-built vehicles for various industries and is recognized for innovation and advanced technologies. OSK's Q4-2024 earnings beat estimates, but profitability is expected to decline in 2025, with potential growth resuming in 2026. Oshkosh's dividend yield is 2.09%, with consistent increases over the past decade, making it appealing for long-term investors. Read the full article on Seeking AlphaSeeking Alpha • Dec 27
Oshkosh Corporation: Price-Informed Sell-Off Opens A High-Risk Value Opportunity
Summary Oshkosh is oversold due to overreaction on USPS contract issues, but is suitable for experienced traders or long-term investors. Segment diversification protects OSK during demand cycles, with access, vocational, and defense segments showing varied growth. The USPS contract is crucial for OSK, but investors are prematurely re-rating the company on a failure scenario. Valuation suggests a 21.5% upside to $116 per share, contingent on successful USPS contract execution and improvement in the order backlog after stagnation in the next 2 quarters. Read the full article on Seeking AlphaSeeking Alpha • Oct 25
Oshkosh's Stable Dividend Driven By Long-Term Contract Wins
Summary Oshkosh has a strong growth outlook with a 1.8% dividend yield, driven by major contracts, municipal spending, and European expansion. The estimated fair value for Oshkosh is $165.2, based on a 14.0x P/E ratio and projected EPS of $11.80 for 2025. Key segments like vocational and access equipment show robust backlog and revenue growth, despite short-term defense segment challenges. Oshkosh's financial health is solid with low leverage and consistent dividend increases, positioning it well for future shareholder returns. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$578m |
| Dec 31 2025 | US$13m | US$1m | US$647m |
| Sep 30 2025 | n/a | n/a | US$666m |
| Jun 30 2025 | n/a | n/a | US$650m |
| Mar 31 2025 | n/a | n/a | US$614m |
| Dec 31 2024 | US$13m | US$1m | US$681m |
| Sep 30 2024 | n/a | n/a | US$679m |
| Jun 30 2024 | n/a | n/a | US$683m |
| Mar 31 2024 | n/a | n/a | US$689m |
| Dec 31 2023 | US$10m | US$1m | US$598m |
| Sep 30 2023 | n/a | n/a | US$522m |
| Jun 30 2023 | n/a | n/a | US$406m |
| Mar 31 2023 | n/a | n/a | US$263m |
| Dec 31 2022 | US$6m | US$1m | US$174m |
| Sep 30 2022 | n/a | n/a | US$123m |
| Jun 30 2022 | n/a | n/a | US$146m |
| Mar 31 2022 | n/a | n/a | US$328m |
| Dec 31 2021 | US$2m | US$256k | US$427m |
| Sep 30 2021 | n/a | n/a | US$509m |
| Jun 30 2021 | n/a | n/a | US$483m |
| Mar 31 2021 | n/a | n/a | US$349m |
| Dec 31 2020 | n/a | n/a | US$318m |
| Sep 30 2020 | US$3m | US$666k | US$322m |
| Jun 30 2020 | n/a | n/a | US$375m |
| Mar 31 2020 | n/a | n/a | US$486m |
| Dec 31 2019 | n/a | n/a | US$546m |
| Sep 30 2019 | US$5m | US$277k | US$579m |
Compensation vs Market: John's total compensation ($USD12.94M) is above average for companies of similar size in the US market ($USD8.38M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Pfeifer (61 yo)
6.1yrs
Tenure
US$12,935,995
Compensation
Mr. John C. Pfeifer is Independent Non-Executive Director of James Hardie Industries plc from May 16, 2024. Mr. Pfeifer is Chief Executive Officer and Director of Oshkosh Corporation since April 02, 2021 a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.1yrs | US$12.94m | 0.24% $ 19.9m | |
| Executive VP & Chief Financial Officer | 1.5yrs | US$3.08m | 0.016% $ 1.3m | |
| Executive VP | 10.7yrs | US$2.79m | 0.088% $ 7.2m | |
| Executive VP & President of Vocational Segment | 1.5yrs | US$3.42m | 0.067% $ 5.5m | |
| Executive VP & President of the Access Segment | 2.6yrs | US$2.93m | 0.039% $ 3.2m | |
| Executive VP and Chief Technology & Strategic Sourcing Officer | 4.4yrs | US$2.29m | 0.043% $ 3.5m | |
| Senior VP & Chief Information Officer | 8.2yrs | no data | 0.022% $ 1.8m | |
| Senior Vice President of Investor Relations | 19.8yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | 7.8yrs | no data | 0.020% $ 1.6m | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | 0.0056% $ 458.8k | |
| President of Oshkosh AeroTech | 1.2yrs | no data | no data | |
| Executive VP & President of Transport Segment | less than a year | no data | no data |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Management: OSK's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.2yrs | US$12.94m | 0.24% $ 19.9m | |
| Independent Director | 2.1yrs | US$304.47k | no data | |
| Independent Director | 1.9yrs | US$294.70k | no data | |
| Independent Director | 4.9yrs | US$306.70k | no data | |
| Independent Director | 14.9yrs | US$311.08k | no data | |
| Independent Chairman of the Board | 10.8yrs | US$449.71k | 0.0022% $ 181.1k | |
| Independent Director | 10.1yrs | US$324.61k | 0.0051% $ 417.0k | |
| Independent Director | 7.8yrs | US$304.58k | 0.022% $ 1.8m | |
| Independent Director | 6.6yrs | US$304.58k | 0.019% $ 1.6m | |
| Independent Director | 4.1yrs | US$304.58k | no data |
5.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: OSK's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 04:11 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Oshkosh Corporation is covered by 35 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |