Oshkosh Corporation (OSK) vs PACCAR Inc. (PCAR)

Oshkosh Corporation and PACCAR Inc. are both Farm & Heavy Construction Machinery companies. PACCAR Inc. is the larger, with a market value of $58.3B against $8.0B — 7.3× the size. Oshkosh Corporation trades at the lower P/E: 14.5× against 23.3×. Oshkosh Corporation grew revenue faster over the last twelve months: 2.18% against −10.6%. PACCAR Inc. has the higher net margin (9.00% vs 5.24%) and the lower return on invested capital (8.85% vs 10.6%). Both pay a dividend; PACCAR Inc. yields more (2.49% vs 1.75%). Across the 23 metrics below, Oshkosh Corporation leads on 13 and PACCAR Inc. on 10.

Valuation

Metric OSK PCAR Farm & Heavy Construction Machinery median
P/E 14.45 23.28 23.28
P/S 0.75 2.10 0.75
P/B 1.75 2.87 1.43
Price to free cash flow 7.26 15.86 22.25
EV/EBITDA 7.85 14.16 11.41
EV/Sales 0.77 2.31 1.14
Earnings yield 6.92% 4.30% 2.83%
Free cash flow yield 13.77% 6.31% 2.91%

Profitability

Metric OSK PCAR Farm & Heavy Construction Machinery median
Gross margin 15.90% 19.99% 24.21%
Operating margin 7.52% 13.33% 4.47%
Net margin 5.24% 9.00% 1.49%
Free cash flow margin 10.29% 13.24% 2.15%
Return on equity 12.39% 12.76% 3.99%
Return on assets 5.54% 5.69% 1.31%
Return on invested capital 10.55% 8.85% 3.36%

Growth

Metric OSK PCAR Farm & Heavy Construction Machinery median
Revenue growth (TTM) 2.18% (10.56%) 2.18%
EPS growth (last fiscal year) (3.19%) (42.91%) (27.79%)
Revenue growth, 5-year CAGR 6.14% 8.72% 7.34%
Net income growth, 5-year CAGR 4.92% 12.80% 0.00%

Health

Metric OSK PCAR Farm & Heavy Construction Machinery median
Debt to equity 0.13 0.72 0.67
Current ratio 1.72 3.12 1.98
Net debt to EBITDA 0.53 1.30 1.12

Dividend

Metric OSK PCAR Farm & Heavy Construction Machinery median
Dividend yield 1.75% 2.49% 1.34%
Payout ratio 0.25 0.58 0.30

Size

Metric OSK PCAR Farm & Heavy Construction Machinery median
Market cap 7.95b 58.33b 808.87m

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