Oshkosh Corp Files Q3 2024 10-Q
Ticker: OSK · Form: 10-Q · Filed: Oct 30, 2024 · CIK: 775158
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
OSK Q3 10-Q filed. Financials out.
AI Summary
Oshkosh Corporation filed its 10-Q for the period ending September 30, 2024. The company reported its financial results for the third quarter, detailing revenues, net income, and earnings per share. Specific figures for these metrics are available within the full filing.
Why It Matters
This filing provides investors with the latest financial performance data for Oshkosh Corporation, crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.
Key Numbers
- 20240930 — Period End Date (Indicates the end of the reporting quarter.)
- 20241030 — Filing Date (The date the report was officially submitted to the SEC.)
Key Players & Entities
- OSHKOSH CORP (company) — Filer
- 20240930 (date) — Period of Report
- 20241030 (date) — Filing Date
- 0000775158 (company) — Central Index Key
- WI (location) — State of Incorporation
FAQ
What were Oshkosh Corporation's total revenues for the quarter ending September 30, 2024?
The filing does not explicitly state the total revenues in the provided header information. Detailed financial statements within the 10-Q would contain this figure.
What was Oshkosh Corporation's net income for the third quarter of 2024?
The specific net income amount is not detailed in the header information of this filing. The full 10-Q document contains the complete financial statements.
What is Oshkosh Corporation's fiscal year end?
Oshkosh Corporation's fiscal year ends on December 31st.
When was Oshkosh Corporation previously known as Oshkosh Truck Corp?
The company changed its name from Oshkosh Truck Corp on July 3, 1992.
What is the Standard Industrial Classification code for Oshkosh Corporation?
The Standard Industrial Classification code for Oshkosh Corporation is 3711, which falls under MOTOR VEHICLES & PASSENGER CAR BODIES.
Filing Stats: 4,491 words · 18 min read · ~15 pages · Grade level 7.4 · Accepted 2024-10-30 15:24:01
Key Financial Figures
- $0.01 — ange on which registered Common Stock $0.01 par value OSK New York Stock Exchan
Filing Documents
- osk-20240930.htm (10-Q) — 4094KB
- osk-ex31_1.htm (EX-31.1) — 14KB
- osk-ex31_2.htm (EX-31.2) — 14KB
- osk-ex32_1.htm (EX-32.1) — 6KB
- osk-ex32_2.htm (EX-32.2) — 6KB
- 0000950170-24-118922.txt ( ) — 17478KB
- osk-20240930.xsd (EX-101.SCH) — 1511KB
- osk-20240930_htm.xml (XML) — 4600KB
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION ITEM 1.
FINANCIAL STATEMENTS (UNAUDITED)
FINANCIAL STATEMENTS (UNAUDITED) 3 Condensed Consolidated Statements of Income for the Three and Nine Months Ended September 30, 2024 and 2023 3 Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended September 30, 2024 and 2023 4 Condensed Consolidated Balance Sheets at September 30, 2024 and December 31, 2023 5 Condensed Consolidated Statements of Shareholders' Equity for the Three and Nine Months Ended September 30, 2024 and 2023 6 Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2024 and 2023 8 Notes to Condensed Consolidated Financial Statements 9 ITEM 2.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 31 ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 41 ITEM 4.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 42
- OTHER INFORMATION
PART II - OTHER INFORMATION ITEM 1.
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 43 ITEM 1A.
RISK FACTORS
RISK FACTORS 43 ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 43 ITEM 4. MINE SAFETY DISCLOSURES 43 ITEM 5. OTHER INFORMATION 43 ITEM 6. EXHIBITS 44
SIGNATURES
SIGNATURES 45 Table of Contents
- FINANCI AL INFORMATION
PART I - FINANCI AL INFORMATION
FINANCI AL STATEMENTS
ITEM 1. FINANCI AL STATEMENTS OSHKOSH CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Dollars in millions, except per share amounts; unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net sales $ 2,741.4 $ 2,509.9 $ 8,132.1 $ 7,191.1 Cost of sales 2,235.4 2,041.8 6,610.0 5,964.7 Gross income 506.0 468.1 1,522.1 1,226.4 Operating expenses: Selling, general and administrative 226.4 201.6 643.2 586.1 Amortization of purchased intangibles 13.4 10.0 40.5 18.1 Intangible asset impairments — — 51.6 — Total operating expenses 239.8 211.6 735.3 604.2 Operating income 266.2 256.5 786.8 622.2 Other income (expense): Interest expense ( 33.6 ) ( 19.6 ) ( 88.0 ) ( 46.3 ) Interest income 1.9 1.9 5.2 13.3 Miscellaneous, net 3.6 2.6 0.1 13.2 Income before income taxes and losses of unconsolidated affiliates 238.1 241.4 704.1 602.4 Provision for income taxes 56.6 55.3 164.8 145.8 Income before losses of unconsolidated affiliates 181.5 186.1 539.3 456.6 Losses of unconsolidated affiliates ( 1.2 ) ( 2.4 ) ( 11.0 ) ( 9.4 ) Net income $ 180.3 $ 183.7 $ 528.3 $ 447.2 Earnings per share: Basic $ 2.76 $ 2.81 $ 8.06 $ 6.84 Diluted 2.75 2.79 8.02 6.80 Cash dividends declared per share on Common Stock $ 0.46 $ 0.41 $ 1.38 $ 1.23 The accompanying notes are an integral part of these financial statements. 3 Table of Contents OSHKOSH CORPORATION CONDENSED CONSOLIDATED STATEM ENTS OF COMPREHENSIVE INCOME (Dollars in millions; unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net income $ 180.3 $ 183.7 $ 528.3 $ 447.2 Other comprehensive income (loss), net of tax: Pension and post-employment benefit