Oshkosh Corporation (OSK)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,730,200 | 9,648,300 | 9,657,900 | 8,282,000 | 8,282,000 |
| Total assets | US$ in thousands | 9,423,100 | 9,129,200 | 9,129,200 | 7,729,000 | 7,729,000 |
| Total asset turnover | 1.14 | 1.06 | 1.06 | 1.07 | 1.07 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $10,730,200K ÷ $9,423,100K
= 1.14
Total asset turnover is a key efficiency ratio that measures how well a company utilizes its assets to generate revenue. Oshkosh Corporation's total asset turnover has been relatively consistent over the past few quarters, ranging from 1.06 to 1.14.
A total asset turnover ratio of 1.07 in both September and December 2022 indicates that for every dollar of assets Oshkosh had on its books, it generated $1.07 in revenue during those periods. The slight decrease to 1.06 in September and December 2023 suggests a small decline in asset utilization efficiency.
However, the ratio increased to 1.14 by the end of December 2024, which could indicate that Oshkosh was able to generate more revenue per dollar of assets during that period. Overall, Oshkosh Corporation's total asset turnover shows stable performance with some fluctuations, and the increasing trend by the end of 2024 may signify improved asset efficiency.
Peer comparison
Dec 31, 2024