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Stock Comparison · Industry comparison · Farm & Heavy Construction Mach

Caterpillar vs Oshkosh: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Oshkosh carrying a narrow edge on valuation. Caterpillar still leads on growth and stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in valuation, while stability remains the main counterforce.

INDUSTRY COMPARISON

Both operate in: Farm & Heavy Construction Machinery

This comparison is based on industry proximity, not on functional trajectory similarity. CAT and OSK share the same industry classification.

For a similarity-based comparison, see how Caterpillar and Oshkosh each position within their functional peer groups in AssetNext.

Peer-Relative Score
CAT
Caterpillar Inc.
49
Peer-Score
Signal qualityMedium
vs
OSK
Oshkosh Corporation
51
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: CAT vs OSK Profitability 38 35 Stability 52 22 Valuation 47 88 Growth 63 46 CAT OSK
Gap Ranking
#1 Valuation +41
#2 Stability +30
#3 Growth +17
#4 Profitability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for CAT and OSK Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer CATOSK Relative valuation Structural strength

Caterpillar Inc. still looks stronger overall, though current pricing looks more supportive for Oshkosh Corporation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Oshkosh Corporation leads clearly.
Stability
On stability, Caterpillar Inc. is positioned higher in the group, while Oshkosh Corporation is closer to the middle.
Valuation — Dominant Gap
CAT
47
OSK
88
Gap+41in favour of OSK

The multiple-based pricing edge comes from a forward P/E that is 13.5 turns lower.

What keeps the gap from being one-sided

There is still a strong counterforce in stability, so the lead stays clear without becoming a sweep.

What this means for the comparison

The main read on valuation is clearer than the broader score gap.

Explore full peer positioning in AssetNext

Break down the CAT vs OSK comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how CAT and OSK each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.