Oshkosh Q4 sales rise 6% to $2.62 billion; 2025 adjusted EPS guided to about $11.00
Oshkosh reported fourth-quarter 2024 net sales of $2.62 billion, up 6.3 percent, and diluted EPS of $2.33 versus $2.28 a year earlier. It initiated 2025 EPS guidance of about $10.30 (adjusted about $11.00) and raised its quarterly dividend 11 percent to $0.51 per share. Defense segment operating income fell 75.8 percent on contract catch-up adjustments, and the company expects Access demand to soften in the first half of 2025.
Key points
- Q4 2024 sales were $2.62 billion, up 6.3 percent; Vocational sales rose 19.8 percent to $880.6 million.
- Q4 2024 diluted EPS was $2.33 (GAAP) and $2.58 (adjusted), versus $2.28 and $2.56 a year earlier.
- Defense segment operating income fell 75.8 percent to $15.0 million, reflecting cumulative catch-up adjustments on contracts.
- 2025 guidance: diluted EPS of about $10.30 and adjusted EPS of about $11.00 on projected net sales of about $10.6 billion; quarterly dividend of $0.51 payable March 3, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.