Oshkosh Corporation ( (OSK) ) has released its Q1 earnings. Here is a breakdown of the information Oshkosh Corporation presented to its investors.
Oshkosh Corporation is a global leader in manufacturing purpose-built vehicles and equipment, serving various sectors including defense, access equipment, and vocational vehicles. The company is headquartered in Wisconsin and operates under multiple brand names across more than 150 countries.
In its first quarter of 2025, Oshkosh Corporation reported sales of $2.31 billion and earnings per share of $1.72, with adjusted earnings per share at $1.92. The company declared a quarterly cash dividend of $0.51 per share, reflecting its commitment to returning value to shareholders.
The company’s financial performance showed a decrease in sales and operating income compared to the same quarter in 2024. Sales were primarily impacted by a decline in the Access segment, although this was partially offset by improved pricing in the Vocational segment. The Vocational segment saw a 12.2% increase in sales, driven by higher demand for refuse and recycling vehicles. Conversely, the Defense segment experienced a decline due to reduced sales of tactical wheeled vehicles.
Despite these challenges, Oshkosh Corporation remains optimistic about its strategic direction. The company continues to focus on cost reduction initiatives to mitigate the impact of tariffs, which are expected to affect earnings by $1.00 per share in 2025. Management is confident in the company’s ability to deliver strong customer service and shareholder value amidst a dynamic international trade environment.