CAT vs OSK

Caterpillar Inc. and Oshkosh Corporation, both Industrials

Caterpillar Inc. is the larger company at $454B against $8.7B. On trailing earnings OSK is the cheaper of the two at a P/E of 17.5 against 35.4, a gap that is only a bargain if the two are growing at similar rates. Over the past year CAT returned +93% against +18% for OSK. Ryufin's sector-relative Smart Score puts CAT ahead, 9/10 against 7/10.

Caterpillar Inc. and Oshkosh Corporationcompared on valuation, return and Ryufin’s Smart Score
FigureCATOSK
Last close$822$157
Market cap$454B$8.7B
Trailing P/Elower is cheaper for the same earnings, not automatically better35.417.5
Dividend yield0.7%1.3%
1-year return+93%+18%
5-year return+332%+45%
Ryufin Smart Scoresector-relative, 1–109/107/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Caterpillar Inc.

Revenue of $21B in Q2 2026, net income $3.6B. Its largest reported line is Reportable Segment Aggregation Before Other Operating, 60% of the disclosed total.

Oshkosh Corporation

Revenue of $2.3B in Q1 2027, net income $43M. Its largest reported line is Aerial Works Platforms, 19% of the disclosed total.

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