Oshkosh Corporation (OSK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,969,400 | 1,774,300 | 1,680,800 | 1,054,400 | 1,054,400 |
| Revenue | US$ in thousands | 10,730,200 | 9,648,300 | 9,657,900 | 8,282,000 | 8,282,000 |
| Gross profit margin | 18.35% | 18.39% | 17.40% | 12.73% | 12.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,969,400K ÷ $10,730,200K
= 18.35%
The gross profit margin of Oshkosh Corporation has shown a positive trend over the years, indicating improvements in the company's profitability from its core business operations.
As of September 30, 2022, the gross profit margin was reported at 12.73%. This figure remained consistent through December 31, 2022. However, by September 30, 2023, there was a notable increase to 17.40%, suggesting enhanced efficiency in production and cost management.
By the end of December 31, 2023, the gross profit margin further improved to 18.39%, reflecting a sustained positive trajectory. The latest data available, as of December 31, 2024, shows a slight decrease to 18.35%.
Overall, the trend indicates that Oshkosh Corporation has been successful in optimizing its cost structures and enhancing its pricing strategies to generate higher margins from its sales. This consistent improvement in gross profit margin suggests a positive outlook for the company's financial performance.
Peer comparison
Dec 31, 2024