Oshkosh (MEX:OSK) Altman Z-Score: 3.28 (As of Jun. 27, 2026) — Near Median


MEX:OSK Oshkosh Corp MEX:OSK
88 GF Score
Price MXN1,983.00
GF Value MXN1,577.37
! 6 Warning Signs
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What is Oshkosh Altman Z-Score?

Oshkosh MEX:OSK 88 Altman Z-Score is 3.28 as of Jun. 27, 2026, which is 8% below its 10-year median of 3.56. GuruFocus rates MEX:OSK with a GF Score™ of 88/100 and a GF Value™ of MXN1,577.37. The stock has 6 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Oshkosh ranks better than 64.9% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 3.29 is strong.

Oshkosh has a Altman Z-Score of 3.28, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Oshkosh's Altman Z-Score or its related term are showing as below:

MEX:OSK' s Altman Z-Score Range Over the Past 10 Years
Min: 2.83   Med: 3.56   Max: 4.33
Current: 3.29

During the past 13 years, Oshkosh's highest Altman Z-Score was 4.33. The lowest was 2.83. And the median was 3.56.


Oshkosh  (MEX:OSK) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Oshkosh Altman Z-Score Related Terms


Oshkosh Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Oshkosh's Altman Z-Score 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 Altman Z-Score Chart

Oshkosh Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 2.90 2.92 3.04 3.18

Oshkosh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 2.95 3.06 3.29 3.18 3.26

MEX:OSK vs AGCO, TEX, FSS: Altman Z-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, Oshkosh's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Oshkosh's Altman Z-Score falls into.


MEX:OSK
88GF Score
Oshkosh Corp MEX:OSK
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oshkosh Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Oshkosh's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.1989+1.4*0.491+3.3*0.0887+0.6*1.6712+1.0*1.0632
=3.28

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was MXN179,626 Mil.
Total Current Assets was MXN92,082 Mil.
Total Current Liabilities was MXN56,359 Mil.
Retained Earnings was MXN88,203 Mil.
Pre-Tax Income was 986.389 + 3273.436 + 4373.257 + 5100.83 = MXN13,734 Mil.
Interest Expense was -537.374 + -538.37 + -561.333 + -566.759 = MXN-2,204 Mil.
Revenue was 41796.192 + 48413.726 + 49320.216 + 51443.257 = MXN190,973 Mil.
Market Cap (Today) was MXN165,591 Mil.
Total Liabilities was MXN99,086 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(92082.179 - 56359.401)/179625.528
=0.1989

X2=Retained Earnings/Total Assets
=88203.346/179625.528
=0.491

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(13733.912 - -2203.836)/179625.528
=0.0887

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=165591.097/99086.08
=1.6712

X5=Revenue/Total Assets
=190973.391/179625.528
=1.0632

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Oshkosh has a Altman Z-Score of 3.28 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 3.28 mean?
Oshkosh (MEX:OSK) has a Altman Z-Score of 3.28 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oshkosh and its competitors. This is near median its historical median of 3.56. Over the past decade, Oshkosh's Altman Z-Score has ranged from 2.83 to 4.33. According to the industry distribution chart, Oshkosh ranks #73 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 35.1%.
Is Oshkosh's Altman Z-Score too high?
Oshkosh's current Altman Z-Score of 3.28 is near median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 4.33. The Farm & Heavy Construction Machinery industry median Altman Z-Score is 2.63. Oshkosh's value of 3.28 is 25% above this industry median. Based on the distribution chart, Oshkosh ranks #73 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Oshkosh has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Oshkosh's Altman Z-Score compare to AGCO and TEX?
According to the Farm & Heavy Construction Machinery industry distribution chart, Oshkosh ranks #73 out of 208 companies for Altman Z-Score. This puts Oshkosh in the upper half of its industry. The industry median Altman Z-Score is 2.63. Oshkosh's value of 3.28 is 25% above this benchmark. Historically, Oshkosh's own Altman Z-Score has ranged from 2.83 to 4.33 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 2.63, Oshkosh has consistently been above 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 Altman Z-Score for a Farm & Heavy Construction Machinery company?
The median Altman Z-Score among Farm & Heavy Construction Machinery companies is 2.63, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oshkosh's current Altman Z-Score of 3.28 is 25% above 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Oshkosh and its competitors. For the Farm & Heavy Construction Machinery industry, the median Altman Z-Score is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oshkosh's current Altman Z-Score is 3.28, which is near median its own 10-year median of 3.56. 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?
Oshkosh (MEX:OSK) has a current Altman Z-Score of 3.28. The stock's GF Value™ is MXN1,577.37, compared to a current price of MXN1,983.00 — trading 25.7% above its estimated fair value. The current Altman Z-Score is 3.28, which is near median its 10-year median of 3.56 and 25% above the Farm & Heavy Construction Machinery industry median of 2.63. Oshkosh's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Oshkosh (MEX:OSK), the current Altman Z-Score is 3.28 as of Jun. 27, 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 (MEX:OSK) Overvalued in 2026?

Based on GuruFocus' analysis, Oshkosh stock appears to be overvalued. The current stock price of MXN1,983.00 is trading 25.7% above its estimated GF Value™ of MXN1,577.37.

Key valuation signals for MEX:OSK:

  • Altman Z-Score: 3.28 (near median its 10-year median of 3.56)
  • GF Value™: MXN1,577.37 vs. price of MXN1,983.00 (25.7% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 25% above the Farm & Heavy Construction Machinery median (#73 of 208)

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


Oshkosh Business Description

Other Exchanges OSK:USA0KDI:UKOK3: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.
88GF Score

Get the complete analysis for MEX:OSK

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,983.00
Price
MXN1,577.37
GF Value