OSK vs. NOC

Last updated Apr 1, 2026

Compare and contrast key facts about Oshkosh Corporation (OSK) and Northrop Grumman Corporation (NOC).

Performance

OSK vs. NOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oshkosh Corporation (OSK) and Northrop Grumman Corporation (NOC). The values are adjusted to include any dividend payments, if applicable.

OSK vs. NOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OSK Oshkosh Corporation	17.57%	34.49%	-10.83%	25.23%	-20.49%	32.52%	-7.53%	56.59%	-31.62%	42.35%
NOC Northrop Grumman Corporation	20.03%	23.61%	1.93%	-12.79%	43.02%	29.29%	-9.92%	42.69%	-18.95%	33.88%

Fundamentals

Market Cap OSK : $74.59B NOC : $97.49B
EPS OSK : $3.05 NOC : $29.15
PE Ratio OSK : 48.24 NOC : 23.40
PEG Ratio OSK : 1.01 NOC : 3.45
PS Ratio OSK : 2.99 NOC : 2.33
PB Ratio OSK : 7.41 NOC : 5.85
Total Revenue (TTM) OSK : $10.42B NOC : $41.95B
Gross Profit (TTM) OSK : $1.39B NOC : $6.02B
EBITDA (TTM) OSK : $1.13B NOC : $6.43B

Returns By Period

In the year-to-date period, OSK achieves a 17.57% return, which is significantly lower than NOC's 20.03% return. Both investments have delivered pretty close results over the past 10 years, with OSK having a 15.64% annualized return and NOC not far behind at 14.86%.

OSK

• 1D: 6.95%
• 1M: -13.42%
• YTD: 17.57%
• 6M: 14.35%
• 1Y: 59.03%
• 3Y*: 23.06%
• 5Y*: 5.95%
• 10Y*: 15.64%

NOC

• 1D: 1.59%
• 1M: -5.82%
• YTD: 20.03%
• 6M: 12.78%
• 1Y: 35.39%
• 3Y*: 15.80%
• 5Y*: 18.08%
• 10Y*: 14.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OSK vs. NOC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OSK

OSK Risk / Return Rank: 82
OSK Sharpe Ratio Rank: 84
OSK Sortino Ratio Rank: 82
OSK Omega Ratio Rank: 79
OSK Calmar Ratio Rank: 83
OSK Martin Ratio Rank: 83

NOC

NOC Risk / Return Rank: 78
NOC Sharpe Ratio Rank: 80
NOC Sortino Ratio Rank: 73
NOC Omega Ratio Rank: 78
NOC Calmar Ratio Rank: 81
NOC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OSK vs. NOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oshkosh Corporation (OSK) and Northrop Grumman Corporation (NOC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OSK	NOC	Difference
Sharpe ratio Return per unit of total volatility	1.50	1.23	+0.27
Sortino ratio Return per unit of downside risk	2.21	1.71	+0.51
Omega ratio Gain probability vs. loss probability	1.28	1.26	+0.02
Calmar ratio Return relative to maximum drawdown	2.59	2.27	+0.32
Martin ratio Return relative to average drawdown	7.05	4.89	+2.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSK vs. NOC - Sharpe Ratio Comparison

The current OSK Sharpe Ratio is 1.50, which is comparable to the NOC Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of OSK and NOC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OSK	NOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	1.23	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.18	0.73	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.59	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.48	-0.13

Correlation

The correlation between OSK and NOC is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OSK vs. NOC - Dividend Comparison

OSK's dividend yield for the trailing twelve months is around 1.43%, more than NOC's 1.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OSK Oshkosh Corporation	1.43%	1.62%	1.94%	1.51%	1.68%	1.21%	1.43%	1.17%	1.61%	0.96%	1.21%	1.74%
NOC Northrop Grumman Corporation	1.35%	1.58%	1.72%	1.57%	1.24%	1.59%	1.86%	1.50%	1.92%	1.27%	1.50%	1.64%

Drawdowns

OSK vs. NOC - Drawdown Comparison

The maximum OSK drawdown since its inception was -93.84%, which is greater than NOC's maximum drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for OSK and NOC.

Drawdown Indicators

	OSK	NOC	Difference
Max Drawdown Largest peak-to-trough decline	-93.84%	-71.12%	-22.72%
Max Drawdown (1Y) Largest decline over 1 year	-22.65%	-15.56%	-7.09%
Max Drawdown (5Y) Largest decline over 5 years	-47.75%	-22.28%	-25.47%
Max Drawdown (10Y) Largest decline over 10 years	-48.68%	-36.38%	-12.30%
Current Drawdown Current decline from peak	-17.27%	-11.17%	-6.10%
Average Drawdown Average peak-to-trough decline	-23.22%	-18.38%	-4.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	7.22%	+1.10%

Volatility

OSK vs. NOC - Volatility Comparison

Oshkosh Corporation (OSK) has a higher volatility of 11.50% compared to Northrop Grumman Corporation (NOC) at 6.32%. This indicates that OSK's price experiences larger fluctuations and is considered to be riskier than NOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OSK	NOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.50%	6.32%	+5.18%
Volatility (6M) Calculated over the trailing 6-month period	28.41%	19.31%	+9.10%
Volatility (1Y) Calculated over the trailing 1-year period	39.58%	28.91%	+10.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.28%	24.94%	+8.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.04%	25.18%	+9.86%

Financials

OSK vs. NOC - Profitability Comparison

The chart below illustrates the profitability comparison between Oshkosh Corporation and Northrop Grumman Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OSK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Oshkosh Corporation reported a gross profit of 0.00 and revenue of 2.69B. Therefore, the gross margin over that period was 0.0%.

NOC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northrop Grumman Corporation reported a gross profit of 0.00 and revenue of 11.71B. Therefore, the gross margin over that period was 0.0%.

OSK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Oshkosh Corporation reported an operating income of 212.00M and revenue of 2.69B, resulting in an operating margin of 7.9%.

NOC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northrop Grumman Corporation reported an operating income of 1.27B and revenue of 11.71B, resulting in an operating margin of 10.9%.

OSK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Oshkosh Corporation reported a net income of 133.80M and revenue of 2.69B, resulting in a net margin of 5.0%.

NOC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northrop Grumman Corporation reported a net income of 1.43B and revenue of 11.71B, resulting in a net margin of 12.2%.