Agricultural - Machinery
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OSK vs TEX
Revenue, margins, valuation, and 5-year total return — side by side.
Agricultural - Machinery
OSK vs TEX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Agricultural - Machinery | Agricultural - Machinery |
| Market Cap | $9.70B | $4.13B |
| Revenue (TTM) | $10.80B | $5.93B |
| Net Income (TTM) | $731M | $111M |
| Gross Margin | 17.5% | 17.3% |
| Operating Margin | 9.5% | 5.5% |
| Forward P/E | 13.7x | 13.1x |
| Total Debt | $1.10B | $2.81B |
| Cash & Equiv. | $480M | $772M |
OSK vs TEX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Oshkosh Corporation (OSK) | 100 | 213.5 | +113.5% |
| Terex Corporation (TEX) | 100 | 399.7 | +299.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OSK vs TEX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OSK carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 11 yrs, beta 1.49, yield 0.2%
- Rev growth -2.9%, EPS growth -3.5%, 3Y rev CAGR 11.5%
- 268.2% 10Y total return vs TEX's 188.3%
TEX is the clearest fit if your priority is valuation efficiency and defensive.
- PEG 0.14 vs OSK's 2.86
- Beta 2.13, yield 1.1%, current ratio 2.30x
- 5.7% revenue growth vs OSK's -2.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 5.7% revenue growth vs OSK's -2.9% | |
| Value | Lower P/E (13.1x vs 13.7x), PEG 0.14 vs 2.86 | |
| Quality / Margins | 6.8% margin vs TEX's 1.9% | |
| Stability / Safety | Beta 1.49 vs TEX's 2.13, lower leverage | |
| Dividends | 1.1% yield, vs OSK's 0.2% | |
| Momentum (1Y) | +75.4% vs TEX's +63.0% | |
| Efficiency (ROA) | 7.3% ROA vs TEX's 1.6%, ROIC 14.1% vs 8.6% |
OSK vs TEX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
OSK vs TEX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
OSK leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
OSK is the larger business by revenue, generating $10.8B annually — 1.8x TEX's $5.9B. Profitability is closely matched — net margins range from 6.8% (OSK) to 1.9% (TEX). On growth, TEX holds the edge at +41.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $10.8B | $5.9B |
| EBITDAEarnings before interest/tax | $1.2B | $444M |
| Net IncomeAfter-tax profit | $731M | $111M |
| Free Cash FlowCash after capex | $1.5B | $322M |
| Gross MarginGross profit ÷ Revenue | +17.5% | +17.3% |
| Operating MarginEBIT ÷ Revenue | +9.5% | +5.5% |
| Net MarginNet income ÷ Revenue | +6.8% | +1.9% |
| FCF MarginFCF ÷ Revenue | +13.9% | +5.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.5% | +41.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -9.9% | +309.0% |
Valuation Metrics
TEX leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 15.3x trailing earnings, OSK trades at a 19% valuation discount to TEX's 18.9x P/E. Adjusting for growth (PEG ratio), TEX offers better value at 0.21x vs OSK's 3.19x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $9.7B | $4.1B |
| Enterprise ValueMkt cap + debt − cash | $10.3B | $6.2B |
| Trailing P/EPrice ÷ TTM EPS | 15.31x | 18.87x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.74x | 13.05x |
| PEG RatioP/E ÷ EPS growth rate | 3.19x | 0.21x |
| EV / EBITDAEnterprise value multiple | 8.83x | 9.75x |
| Price / SalesMarket cap ÷ Revenue | 0.93x | 0.76x |
| Price / BookPrice ÷ Book value/share | 12.65x | 1.99x |
| Price / FCFMarket cap ÷ FCF | 15.70x | 12.84x |
Profitability & Efficiency
OSK leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
OSK delivers a 16.1% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $4 for TEX. OSK carries lower financial leverage with a 0.24x debt-to-equity ratio, signaling a more conservative balance sheet compared to TEX's 1.34x. On the Piotroski fundamental quality scale (0–9), OSK scores 7/9 vs TEX's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +16.1% | +4.1% |
| ROA (TTM)Return on assets | +7.3% | +1.6% |
| ROICReturn on invested capital | +14.1% | +8.6% |
| ROCEReturn on capital employed | +13.7% | +9.9% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 6 |
| Debt / EquityFinancial leverage | 0.24x | 1.34x |
| Net DebtTotal debt minus cash | $621M | $2.0B |
| Cash & Equiv.Liquid assets | $480M | $772M |
| Total DebtShort + long-term debt | $1.1B | $2.8B |
| Interest CoverageEBIT ÷ Interest expense | 8.69x | 4.74x |
Total Returns (Dividends Reinvested)
OSK leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in OSK five years ago would be worth $12,088 today (with dividends reinvested), compared to $12,053 for TEX. Over the past 12 months, OSK leads with a +75.4% total return vs TEX's +63.0%. The 3-year compound annual growth rate (CAGR) favors OSK at 27.9% vs TEX's 10.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +16.4% | +14.5% |
| 1-Year ReturnPast 12 months | +75.4% | +63.0% |
| 3-Year ReturnCumulative with dividends | +109.2% | +36.5% |
| 5-Year ReturnCumulative with dividends | +20.9% | +20.5% |
| 10-Year ReturnCumulative with dividends | +268.2% | +188.3% |
| CAGR (3Y)Annualised 3-year return | +27.9% | +10.9% |
Risk & Volatility
Evenly matched — OSK and TEX each lead in 1 of 2 comparable metrics.
Risk & Volatility
OSK is the less volatile stock with a 1.49 beta — it tends to amplify market swings less than TEX's 2.13 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.49x | 2.13x |
| 52-Week HighHighest price in past year | $180.49 | $71.50 |
| 52-Week LowLowest price in past year | $87.70 | $38.52 |
| % of 52W HighCurrent price vs 52-week peak | +85.0% | +87.9% |
| RSI (14)Momentum oscillator 0–100 | 56.3 | 57.1 |
| Avg Volume (50D)Average daily shares traded | 581K | 1.3M |
Analyst Outlook
Evenly matched — OSK and TEX each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates OSK as "Buy" and TEX as "Hold". Consensus price targets imply 27.7% upside for TEX (target: $80) vs 9.5% for OSK (target: $168). For income investors, TEX offers the higher dividend yield at 1.08% vs OSK's 0.23%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $168.00 | $80.25 |
| # AnalystsCovering analysts | 37 | 31 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | +1.1% |
| Dividend StreakConsecutive years of raises | 11 | 0 |
| Dividend / ShareAnnual DPS | $0.35 | $0.68 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.9% | +1.4% |
OSK leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TEX leads in 1 (Valuation Metrics). 2 tied.
OSK vs TEX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is OSK or TEX a better buy right now?
For growth investors, Terex Corporation (TEX) is the stronger pick with 5.
7% revenue growth year-over-year, versus -2. 9% for Oshkosh Corporation (OSK). 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.
02Which has the better valuation — OSK or TEX?
On trailing P/E, Oshkosh Corporation (OSK) is the cheapest at 15.
3x versus Terex Corporation at 18. 9x. On forward P/E, Terex Corporation is actually cheaper at 13. 1x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Terex Corporation wins at 0. 14x versus Oshkosh Corporation's 2. 86x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — OSK or TEX?
Over the past 5 years, Oshkosh Corporation (OSK) delivered a total return of +20.
9%, compared to +20. 5% for Terex Corporation (TEX). Over 10 years, the gap is even starker: OSK returned +268. 2% versus TEX's +188. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — OSK or TEX?
By beta (market sensitivity over 5 years), Oshkosh Corporation (OSK) is the lower-risk stock at 1.
49β versus Terex Corporation's 2. 13β — meaning TEX is approximately 44% more volatile than OSK relative to the S&P 500. On balance sheet safety, Oshkosh Corporation (OSK) carries a lower debt/equity ratio of 24% versus 134% for Terex Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — OSK or TEX?
By revenue growth (latest reported year), Terex Corporation (TEX) is pulling ahead at 5.
7% versus -2. 9% for Oshkosh Corporation (OSK). On earnings-per-share growth, the picture is similar: Oshkosh Corporation grew EPS -3. 5% year-over-year, compared to -32. 9% for Terex Corporation. 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.
06Which has better profit margins — OSK or TEX?
Oshkosh Corporation (OSK) is the more profitable company, earning 6.
2% net margin versus 4. 1% for Terex Corporation — meaning it keeps 6. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: OSK leads at 9. 1% versus 8. 8% for TEX. At the gross margin level — before operating expenses — TEX leads at 19. 4%, 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.
07Is OSK or TEX more undervalued right now?
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, Terex Corporation (TEX) is the more undervalued stock at a PEG of 0. 14x versus Oshkosh Corporation's 2. 86x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Terex Corporation (TEX) trades at 13. 1x forward P/E versus 13. 7x for Oshkosh Corporation — 0. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TEX: 27. 7% to $80. 25.
08Which pays a better dividend — OSK or TEX?
All stocks in this comparison pay dividends.
Terex Corporation (TEX) offers the highest yield at 1. 1%, versus 0. 2% for Oshkosh Corporation (OSK).
09Is OSK or TEX better for a retirement portfolio?
For long-horizon retirement investors, Oshkosh Corporation (OSK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+268.
2% 10Y return). Terex Corporation (TEX) carries a higher beta of 2. 13 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (OSK: +268. 2%, TEX: +188. 3%), 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.
10What are the main differences between OSK and TEX?
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; TEX is a small-cap quality compounder stock. TEX pays 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.
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