Oshkosh Corporation (OSK) vs Terex Corporation (TEX)

Oshkosh Corporation and Terex Corporation are both Farm & Heavy Construction Machinery companies. Oshkosh Corporation is the larger, with a market value of $8.0B against $6.5B — 1.2× the size. Oshkosh Corporation trades at the lower P/E: 15.1× against 28.8×. Terex Corporation grew revenue faster over the last twelve months: 29.2% against 2.18%. Oshkosh Corporation has the higher net margin (5.24% vs 2.23%) and the higher return on invested capital (10.6% vs 3.31%). Both pay a dividend; Oshkosh Corporation yields more (1.61% vs 1.02%). Across the 23 metrics below, Oshkosh Corporation leads on 18 and Terex Corporation on 5.

Valuation

Metric OSK TEX Farm & Heavy Construction Machinery median
P/E 15.10 28.81 23.38
P/S 0.78 0.98 0.81
P/B 1.83 1.32 1.43
Price to free cash flow 7.59 19.04 25.31
EV/EBITDA 8.20 14.09 12.13
EV/Sales 0.80 1.32 1.20
Earnings yield 6.62% 3.47% 2.73%
Free cash flow yield 13.17% 5.25% 3.02%

Profitability

Metric OSK TEX Farm & Heavy Construction Machinery median
Gross margin 15.90% 17.16% 24.21%
Operating margin 7.52% 5.72% 4.47%
Net margin 5.24% 2.23% 1.49%
Free cash flow margin 10.29% 5.12% 2.15%
Return on equity 12.39% 4.33% 4.16%
Return on assets 5.54% 1.81% 1.45%
Return on invested capital 10.55% 3.31% 3.36%

Growth

Metric OSK TEX Farm & Heavy Construction Machinery median
Revenue growth (TTM) 2.18% 29.17% 2.18%
EPS growth (last fiscal year) (3.19%) (32.86%) —
Revenue growth, 5-year CAGR 6.14% 12.00% 7.34%
Net income growth, 5-year CAGR 4.92% 0.00% 0.00%

Health

Metric OSK TEX Farm & Heavy Construction Machinery median
Debt to equity 0.13 0.55 0.67
Current ratio 1.72 1.82 1.98
Net debt to EBITDA 0.53 2.86 1.12

Dividend

Metric OSK TEX Farm & Heavy Construction Machinery median
Dividend yield 1.61% 1.02% 1.45%
Payout ratio 0.25 0.09 0.08

Size

Metric OSK TEX Farm & Heavy Construction Machinery median
Market cap 8.04b 6.47b 772.81m

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