OSK vs CNH vs DE vs CMI

For growth investors, Cummins Inc.

(CMI) is the stronger pick with -1. 3% revenue growth year-over-year, versus -8. 8% for CNH Industrial N. V. (CNH). Oshkosh Corporation (OSK) offers the better valuation at 15. 3x trailing P/E (13. 7x forward), making it the more compelling value choice. Analysts rate Oshkosh Corporation (OSK) a "Buy" — based on 37 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Oshkosh Corporation (OSK) is the cheapest at 15.

3x versus Cummins Inc. at 33. 3x. On forward P/E, Oshkosh Corporation is actually cheaper at 13. 7x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Deere & Company wins at 1. 99x versus Oshkosh Corporation's 2. 86x — a reasonable growth-adjusted valuation.

Over the past 5 years, Cummins Inc.

(CMI) delivered a total return of +168. 7%, compared to -27. 3% for CNH Industrial N. V. (CNH). Over 10 years, the gap is even starker: DE returned +671. 0% versus CNH's +87. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Deere & Company (DE) is the lower-risk stock at 0.

56β versus Cummins Inc. 's 1. 57β — meaning CMI is approximately 179% more volatile than DE relative to the S&P 500. On balance sheet safety, Oshkosh Corporation (OSK) carries a lower debt/equity ratio of 24% versus 3% for CNH Industrial N. V. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Cummins Inc.

(CMI) is pulling ahead at -1. 3% versus -8. 8% for CNH Industrial N. V. (CNH). On earnings-per-share growth, the picture is similar: Deere & Company grew EPS 0. 0% year-over-year, compared to -58. 6% for CNH Industrial N. V.. Over a 3-year CAGR, OSK leads at 11. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Deere & Company (DE) is the more profitable company, earning 11.

3% net margin versus 2. 8% for CNH Industrial N. V. — meaning it keeps 11. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DE leads at 18. 8% versus 9. 1% for OSK. At the gross margin level — before operating expenses — DE leads at 36. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Deere & Company (DE) is the more undervalued stock at a PEG of 1. 99x versus Oshkosh Corporation's 2. 86x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Oshkosh Corporation (OSK) trades at 13. 7x forward P/E versus 32. 5x for Deere & Company — 18. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CNH: 22. 2% to $13. 25.

All stocks in this comparison pay dividends.

CNH Industrial N. V. (CNH) offers the highest yield at 2. 5%, versus 0. 2% for Oshkosh Corporation (OSK).

For long-horizon retirement investors, Deere & Company (DE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

56), 1. 1% yield, +671. 0% 10Y return). Both have compounded well over 10 years (DE: +671. 0%, OSK: +268. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: OSK is a small-cap deep-value stock; CNH is a mid-cap quality compounder stock; DE is a mid-cap quality compounder stock; CMI is a mid-cap quality compounder stock. CNH, DE, CMI pay a dividend while OSK does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.