Mission Statement, Vision, & Core Values of Oshkosh Corporation (OSK)

What drives a company like Oshkosh Corporation (OSK), which reported net sales of $9.66 billion in fiscal year 2024, and how does it maintain its focus and direction in a competitive market?

Understanding the mission statement, vision, and core values of Oshkosh Corporation provides insight into its strategic objectives and operational principles. Have you ever wondered how these elements translate into the company's everyday actions and long-term goals?

Exploring these foundational statements will help you grasp the essence of Oshkosh Corporation's identity and its approach to delivering innovative solutions across various industries. Keep reading to find out more.

Oshkosh Corporation (OSK) An Overview of

Oshkosh Corporation, a prominent specialty vehicle and equipment manufacturer, has a rich history spanning over a century. Founded in 1917, the company initially focused on building durable four-wheel-drive vehicles. Today, Oshkosh Corporation designs and manufactures a wide range of products, including:

• Access equipment
• Defense vehicles
• Fire & emergency vehicles
• Commercial vehicles

These products are utilized across various sectors, including construction, defense, emergency services, and commercial transportation. As of April 2025, Oshkosh Corporation continues to be a key player in these industries, known for its innovative designs and reliable performance.

In the fiscal year 2024, Oshkosh Corporation achieved record-breaking revenue, driven significantly by strong sales in its access equipment and defense segments. The company's financial performance reflects its strategic focus on innovation and market expansion. Oshkosh has demonstrated substantial growth in key markets, reinforcing its position as a leader in the specialty vehicle industry. For detailed insights into the company's financial results, refer to the latest investor reports and financial releases.

Oshkosh Corporation stands as one of the leading companies in the specialty vehicle and equipment industry, with a legacy of innovation and a commitment to quality. To delve deeper into understanding the factors behind Oshkosh Corporation's success, explore Oshkosh Corporation (OSK): History, Ownership, Mission, How It Works & Makes Money.

Oshkosh Corporation (OSK) Mission Statement

Oshkosh Corporation's mission statement reflects its commitment to building and supporting communities worldwide by providing innovative solutions. While a specific, concise mission statement publicly available can be challenging to pinpoint, the company's actions, values, and strategic priorities provide a clear understanding of what drives Oshkosh. Their focus is on delivering differentiated products and services that meet the evolving needs of their customers, while also emphasizing safety, sustainability, and community engagement.

The core components of Oshkosh Corporation's mission, as evidenced by their operations and communications, can be broken down into three key areas:

• Innovation: Oshkosh strives to be at the forefront of technology and design, constantly seeking new ways to improve its products and services.
• Customer Focus: The company is dedicated to understanding and meeting the unique needs of its diverse customer base.
• Community and Sustainability: Oshkosh aims to operate responsibly, contributing to the well-being of the communities it serves and minimizing its environmental impact.

Innovation

Oshkosh Corporation demonstrates its commitment to innovation through significant investments in research and development. For example, in fiscal year 2024, Oshkosh allocated $148 million to research and development, reflecting its dedication to creating cutting-edge solutions. These investments support the development of advanced technologies in areas such as electrification, autonomy, and advanced materials. Oshkosh's innovative spirit is evident in its development of electric and hybrid vehicles, designed to reduce emissions and improve efficiency. Their strides in autonomous technology also showcase their forward-thinking approach, aiming to enhance safety and productivity across various applications.

Oshkosh's pursuit of innovation is further highlighted by its strategic partnerships and collaborations with technology leaders. These alliances enable Oshkosh to integrate the latest advancements into its products, ensuring they remain competitive and meet the evolving demands of the market. The company's focus on innovation not only drives its own growth but also contributes to the advancement of the industries it serves.

Customer Focus

Oshkosh Corporation places a high priority on understanding and responding to the diverse needs of its customers. This commitment is reflected in its wide range of products and services, tailored to specific industries and applications. Whether it's providing specialized vehicles for the defense sector, developing advanced fire and emergency equipment, or offering innovative access solutions, Oshkosh strives to deliver solutions that meet the unique challenges faced by its customers.

The company's customer-centric approach is also evident in its emphasis on building long-term relationships. Oshkosh works closely with its customers to understand their evolving needs, providing ongoing support and service to ensure their success. This dedication to customer satisfaction has helped Oshkosh establish a strong reputation for reliability and quality, fostering trust and loyalty among its customer base. According to the fiscal year 2024 results, Oshkosh Corporation reported a backlog of $12.79 billion, indicating strong customer demand and confidence in the company's products and services.

To learn more about the financial health of Oshkosh Corporation, visit: Breaking Down Oshkosh Corporation (OSK) Financial Health: Key Insights for Investors

Community and Sustainability

Oshkosh Corporation is dedicated to operating responsibly and contributing to the well-being of the communities it serves. This commitment is reflected in its sustainability initiatives, which aim to minimize the company's environmental impact and promote social responsibility. Oshkosh has set ambitious goals for reducing greenhouse gas emissions, conserving resources, and promoting ethical business practices.

The company's sustainability efforts extend beyond its own operations to include its supply chain and product lifecycle. Oshkosh works with its suppliers to promote sustainable practices, ensuring that its products are manufactured and sourced responsibly. The company also designs its products with sustainability in mind, focusing on energy efficiency, durability, and recyclability. In 2024, Oshkosh was named as one of America's Most Responsible Companies by Newsweek, achieving a score of 76.7. This recognition reflects Oshkosh's ongoing efforts to create a more sustainable and equitable future.

Oshkosh's commitment to community engagement is evident in its support for local initiatives and organizations. The company invests in programs that promote education, health, and economic development, helping to build stronger and more vibrant communities. Through its philanthropic efforts and volunteer programs, Oshkosh strives to make a positive impact on the lives of those around it.

Oshkosh Corporation (OSK) Vision Statement of

A vision statement serves as a roadmap, outlining a company's aspirations and its desired future state. While I don't have direct access to Oshkosh Corporation's official vision statement as of today, April 16, 2025, I can create a chapter discussing what is generally known about the company's strategic direction and how it reflects in their actions and reported goals. This analysis is based on publicly available information, including their mission, values, and recent strategic moves.

Oshkosh Corporation, a leading innovator of purpose-built vehicles and equipment, likely envisions a future where it continues to lead in providing solutions that improve people's lives. This vision is likely built on several key pillars:

Innovation and Technology Leadership

Oshkosh is likely committed to being at the forefront of technological advancements in its industry. This includes:

• Developing and integrating advanced technologies into their products, such as electric and autonomous vehicles. For instance, Oshkosh Defense was selected to manufacture the U.S. Postal Service's Next Generation Delivery Vehicle (NGDV), a contract valued at over $6 billion, which includes both internal combustion engine and battery-electric vehicles.
• Investing in research and development to create cutting-edge solutions that meet the evolving needs of their customers. In fiscal year 2024, Oshkosh Corporation's investment in engineering and product development totaled $321.7 million.
• Driving sustainability through innovative designs and alternative fuel technologies.

Customer-Centric Solutions

A core aspect of Oshkosh's vision probably revolves around deeply understanding and addressing the unique challenges faced by its customers. This involves:

• Providing customized solutions that enhance productivity, safety, and efficiency.
• Building strong, long-term relationships with customers based on trust and collaboration.
• Expanding their service and support network to ensure customers receive timely and effective assistance.

Global Expansion and Market Penetration

Oshkosh likely aims to expand its global footprint and strengthen its presence in key markets. This includes:

• Pursuing strategic acquisitions and partnerships to broaden their product portfolio and market reach. For example, the acquisition of JLG Industries in 2006 significantly expanded Oshkosh's access equipment business.
• Investing in international manufacturing and distribution capabilities to better serve customers worldwide.
• Adapting their products and services to meet the specific requirements of different regions and cultures.

Sustainability and Social Responsibility

Oshkosh likely recognizes the importance of operating in a sustainable and socially responsible manner. This includes:

• Reducing their environmental impact through energy-efficient operations and the development of eco-friendly products.
• Promoting diversity and inclusion within their workforce and communities.
• Adhering to the highest ethical standards in all their business dealings.

Financial Performance and Shareholder Value

Ultimately, Oshkosh's vision is likely linked to delivering strong financial performance and creating value for its shareholders. This involves:

• Achieving sustainable revenue growth and profitability. In fiscal year 2024, Oshkosh Corporation reported net sales of $9.66 billion and net income of $614.9 million.
• Maintaining a strong balance sheet and efficient capital allocation.
• Returning capital to shareholders through dividends and share repurchases. In fiscal year 2024, the company's dividends paid totaled $106.1 million.

For further insights into Oshkosh Corporation's financial standing, consider exploring: Breaking Down Oshkosh Corporation (OSK) Financial Health: Key Insights for Investors

Oshkosh Corporation (OSK) Core Values of

Company's core values are integral to its identity and guide its actions, influencing its relationships with customers, employees, and shareholders. These values reflect a commitment to not only achieving business success but also to operating responsibly and ethically.

Company's core values appear to center around:

• Integrity
• Teamwork
• Customer Focus
• Excellence
• Accountability

These values collectively drive Company's operations and strategic decisions.

Integrity:

Integrity at Company means conducting business ethically and transparently. This includes adhering to the highest standards of corporate governance and compliance. For example, Company maintains a comprehensive code of conduct that outlines expected behaviors for all employees. Integrity is also reflected in Company's commitment to fair competition and honest communication with stakeholders.

Teamwork:

Teamwork is essential to Company's collaborative culture, where diverse teams work together to achieve common goals. This value promotes knowledge sharing, mutual support, and collective problem-solving. Company encourages teamwork through various initiatives, such as cross-functional project teams and collaborative workspaces, fostering an environment where every team member's contribution is valued.

Customer Focus:

Company places a high priority on understanding and meeting customer needs. This involves actively listening to customer feedback, providing tailored solutions, and ensuring customer satisfaction. Company demonstrates its customer focus through dedicated customer service teams, continuous product improvement based on customer input, and building long-term relationships with its clients. This ensures that Company’s offerings align with and exceed customer expectations.

Excellence:

Company strives for excellence in all aspects of its business, from product development to operational efficiency. This commitment is evident in Company's investments in research and development, its focus on continuous improvement, and its dedication to delivering high-quality products and services. For instance, Company's innovation labs are designed to foster cutting-edge technologies and solutions, ensuring that Company remains at the forefront of its industry.

Accountability:

Accountability is a cornerstone of Company's operational philosophy, ensuring that individuals and teams take ownership of their responsibilities and outcomes. This value is reinforced through clear performance metrics, regular performance evaluations, and a culture that encourages transparency and ownership. Company's commitment to accountability is evident in its rigorous project management processes and its emphasis on data-driven decision-making, which ensures that actions are aligned with strategic objectives.

To explore related content, visit: Oshkosh Corporation (OSK): History, Ownership, Mission, How It Works & Makes Money