Oshkosh Corporation (OSK)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Gross profit	US$ in thousands	1,680,800	1,054,400	1,268,200	1,116,400	1,517,400
Revenue	US$ in thousands	9,608,800	8,231,100	7,695,300	6,803,800	8,333,600
Gross profit margin		17.49%	12.81%	16.48%	16.41%	18.21%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,680,800K ÷ $9,608,800K
= 17.49%

The gross profit margin of Oshkosh Corp has shown fluctuations over the years, with a noticeable increase from 12.73% in 2022 to 17.40% in 2023. This improvement indicates that Oshkosh Corp has been able to effectively control its production costs and increase the markup on its products or services. While the margin is not at the highest level seen in 2019, the recent upward trend is a positive sign for the company's profitability. Further analysis into the factors contributing to the change in gross profit margin would be beneficial to understand the company's performance better.