Oshkosh (LTS:0KDI) Debt-to-EBITDA : 0.88 (As of Jun. 2026) — 21% Below Median

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LTS:0KDI Oshkosh Corp LTS:0KDI
91 GF Score
Price $143.29
GF Value $125.55
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Oshkosh Debt-to-EBITDA?

Oshkosh LTS:0KDI -5.07% 91 Debt-to-EBITDA is 0.88 as of Jun. 2026, which is 21% below its 10-year median of 1.11. GuruFocus rates LTS:0KDI with a GF Score™ of 91/100 and a GF Value™ of $125.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 174 Farm & Heavy Construction Machinery companies, Oshkosh ranks better than 66.09% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Oshkosh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $502 Mil. Oshkosh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $601 Mil. Oshkosh's annualized EBITDA for the quarter that ended in Jun. 2026 was $1,250 Mil. Oshkosh's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.88.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Oshkosh's Debt-to-EBITDA or its related term are showing as below:

LTS:0KDI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.75   Med: 1.11   Max: 1.71
Current: 1.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oshkosh was 1.71. The lowest was 0.75. And the median was 1.11.

LTS:0KDI's Debt-to-EBITDA is ranked better than
66.09% of 174 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.695 vs LTS:0KDI: 1.05

Oshkosh  (LTS:0KDI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Oshkosh Debt-to-EBITDA Related Terms


Oshkosh Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Oshkosh's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oshkosh Debt-to-EBITDA Chart

Oshkosh Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.39 0.75 0.79 0.93

Oshkosh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.93 1.02 1.98 0.88

LTS:0KDI vs AGCO, TEX, FSS: Debt-to-EBITDA Comparison

For the Farm & Heavy Construction Machinery subindustry, Oshkosh's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oshkosh Debt-to-EBITDA vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Oshkosh's Debt-to-EBITDA falls into.


LTS:0KDI
91GF Score
Oshkosh Corp LTS:0KDI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oshkosh Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Oshkosh's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.6 + 1100.3) / 1183.7
=0.93

Oshkosh's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(502.2 + 600.6) / 1250.4
=0.88

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.88 mean?
Oshkosh (LTS:0KDI) has a Debt-to-EBITDA of 0.88 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Oshkosh. This is 21% below median its historical median of 1.11. Over the past decade, Oshkosh's Debt-to-EBITDA has ranged from 0.75 to 1.71. According to the industry distribution chart, Oshkosh ranks #59 out of 174 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 33.9%.
Is Oshkosh's Debt-to-EBITDA too high?
Oshkosh's current Debt-to-EBITDA of 0.88 is 21% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.71. The Farm & Heavy Construction Machinery industry median Debt-to-EBITDA is 1.70. Oshkosh's value of 0.88 is 48.1% below this industry median. Based on the distribution chart, Oshkosh ranks #59 out of 174 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Oshkosh has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oshkosh's Debt-to-EBITDA compare to AGCO and TEX?
According to the Farm & Heavy Construction Machinery industry distribution chart, Oshkosh ranks #59 out of 174 companies for Debt-to-EBITDA. This puts Oshkosh in the upper half of its industry. The industry median Debt-to-EBITDA is 1.70. Oshkosh's value of 0.88 is 48.1% below this benchmark. Historically, Oshkosh's own Debt-to-EBITDA has ranged from 0.75 to 1.71 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.70, Oshkosh has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Farm & Heavy Construction Machinery company?
The median Debt-to-EBITDA among Farm & Heavy Construction Machinery companies is 1.70, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oshkosh's current Debt-to-EBITDA of 0.88 is 48.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Oshkosh. For the Farm & Heavy Construction Machinery industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oshkosh's current Debt-to-EBITDA is 0.88, which is 21% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oshkosh stock overvalued right now?
Based on GuruFocus' analysis, Oshkosh (LTS:0KDI) is currently considered Modestly Overvalued. The stock's GF Value™ is $125.55, compared to a current price of $143.29 — trading 14.1% above its estimated fair value. The current Debt-to-EBITDA is 0.88, which is 21% below median its 10-year median of 1.11 and 48.1% below the Farm & Heavy Construction Machinery industry median of 1.70. Oshkosh's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Oshkosh (LTS:0KDI), the current Debt-to-EBITDA is 0.88 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Oshkosh (LTS:0KDI) Overvalued in 2026?

Based on GuruFocus' analysis, Oshkosh stock appears to be overvalued. The current stock price of $143.29 is trading 14.1% above its estimated GF Value™ of $125.55. GuruFocus considers Oshkosh to be Modestly Overvalued.

Key valuation signals for LTS:0KDI:

  • Debt-to-EBITDA: 0.88 (21% below median its 10-year median of 1.11)
  • GF Value™: $125.55 vs. price of $143.29 (14.1% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 48.1% below the Farm & Heavy Construction Machinery median (#59 of 174)

No single metric tells the full story. See the LTS:0KDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oshkosh Business Description

Other Exchanges OSK:USAOK3:Germany
Address 1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is a leading maker of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, including postal, firefighting, refuse/recycling collection, aviation, and construction. It is typically the market share leader or No. 2 player in North America, or even the global leader in the case of its JLG aerial work platform business. The transport segment is a leading provider of light trucks to the military and vehicles to the Postal Service. The vocational segment, featuring brands such as Pierce, AeroTech, and Volterra, offers purpose-built vehicles and equipment to municipalities. The company reports three segments—Access equipment (45% of revenue), Vocational (35%), and Transport (20%) on 2025 revenue of $10.4 billion.
91GF Score

Get the complete analysis for LTS:0KDI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$143.29
Price
$125.55
GF Value