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General Motors vs Oshkosh: revenue, profit, margins and growth compared

General Motors brought in $185B of revenue in fiscal 2025, Oshkosh $10.4B in fiscal 2025. Revenue changed by -1.3% at General Motors and -2.9% at Oshkosh on the year before, so General Motors grew faster. General Motors kept 1.5% of its revenue as net profit, Oshkosh 6.2%. Free cash flow was $17.6B at General Motors and $618M at Oshkosh.

Side by side, latest fiscal year

GMOSK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$185B$10.4B
Revenue growth-1.3%-2.9%
Net income$2.7B$647M
Net margin1.5%6.2%
Free cash flow$17.6B$618M
Free cash flow margin9.5%5.9%
Earnings per share (diluted)$3.27n/a
Cash$20.9B$479.8M
Debtn/a$1.1B
Price to earnings25.3n/a
Market value$72.5B$8.2B
Dividend yield0.69%1.54%
Rank by revenue in sector#2 of 451 · Industrials#63 of 451 · Industrials

Over the years

Revenue
GM FY2018: $147BGM FY2019: $137.2BGM FY2020: $122.5BGM FY2021: $127BGM FY2022: $156.7BGM FY2023: $171.8BGM FY2024: $187.4BGM FY2025: $185BOSK FY2018: $7.7BOSK FY2019: $8.4BOSK FY2020: $6.9BOSK FY2021: $7.7BOSK FY2022: $8.3BOSK FY2023: $9.7BOSK FY2024: $10.7BOSK FY2025: $10.4BFY18FY19FY20FY21FY22FY23FY24FY25
GM $185BOSK $10.4B
Net income
GM FY2018: $8BGM FY2019: $6.7BGM FY2020: $6.4BGM FY2021: $10BGM FY2022: $9.9BGM FY2023: $10.1BGM FY2024: $6BGM FY2025: $2.7BOSK FY2018: $471.9MOSK FY2019: $579.4MOSK FY2020: $321.5MOSK FY2021: $508.9MOSK FY2022: $173.9MOSK FY2023: $598MOSK FY2024: $681.4MOSK FY2025: $647MFY18FY19FY20FY21FY22FY23FY24FY25
GM $2.7BOSK $647M
Net margin
GM FY2018: 5.4%GM FY2019: 4.9%GM FY2020: 5.2%GM FY2021: 7.9%GM FY2022: 6.3%GM FY2023: 5.9%GM FY2024: 3.2%GM FY2025: 1.5%OSK FY2018: 6.1%OSK FY2019: 6.9%OSK FY2020: 4.7%OSK FY2021: 6.6%OSK FY2022: 2.1%OSK FY2023: 6.2%OSK FY2024: 6.4%OSK FY2025: 6.2%FY18FY19FY20FY21FY22FY23FY24FY25
GM 1.5%OSK 6.2%
Revenue growth
GM FY2019: -6.7%GM FY2020: -10.7%GM FY2021: +3.7%GM FY2022: +23.4%GM FY2023: +9.6%GM FY2024: +9.1%GM FY2025: -1.3%OSK FY2019: +8.8%OSK FY2020: -18.2%OSK FY2021: +12.8%OSK FY2023: +16.6%OSK FY2024: +11.1%OSK FY2025: -2.9%FY19FY20FY21FY22FY23FY24FY25
GM -1.3%OSK -2.9%
Free cash flow
GM FY2018: $6.5BGM FY2019: $7.4BGM FY2020: $11.4BGM FY2021: $7.7BGM FY2022: $6.8BGM FY2023: $10BGM FY2024: $9.3BGM FY2025: $17.6BOSK FY2018: $341MOSK FY2019: $420.7MOSK FY2020: $215MOSK FY2021: $1.1BOSK FY2022: $331.8MOSK FY2023: $274.3MOSK FY2024: $269.1MOSK FY2025: $618MFY18FY19FY20FY21FY22FY23FY24FY25
GM $17.6BOSK $618M

Fiscal years as each company reports them; the two may end in different months.

Questions about General Motors and Oshkosh

Which is bigger by revenue, General Motors or Oshkosh?

General Motors is bigger by revenue: $185B in fiscal 2025, against $10.4B for Oshkosh in fiscal 2025.

Which keeps more of its revenue as profit, General Motors or Oshkosh?

General Motors had a net margin of 1.5% in fiscal 2025; Oshkosh had 6.2% in fiscal 2025.

Which grew revenue faster, General Motors or Oshkosh?

In their latest fiscal years revenue changed by -1.3% at General Motors and -2.9% at Oshkosh.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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