Oshkosh Corporation (OSK)

Gross profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	1,976,500	1,938,600	1,817,000	1,680,800	1,541,400	1,361,900	1,184,400	1,054,400	1,048,100	1,153,600	1,226,200	1,268,200	1,240,400	1,103,800	1,076,600	1,120,300	1,236,700	1,413,100	1,478,600	1,517,400
Revenue (ttm)	US$ in thousands	10,500,700	10,283,200	9,871,600	9,599,300	9,351,500	8,915,100	8,564,200	8,249,100	8,098,100	8,239,400	8,063,100	7,692,100	7,423,700	6,795,700	6,693,900	6,813,900	7,225,400	8,036,800	8,251,000	8,369,800
Gross profit margin		18.82%	18.85%	18.41%	17.51%	16.48%	15.28%	13.83%	12.78%	12.94%	14.00%	15.21%	16.49%	16.71%	16.24%	16.08%	16.44%	17.12%	17.58%	17.92%	18.13%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,976,500K ÷ $10,500,700K
= 18.82%

The gross profit margin of Oshkosh Corporation has shown a fluctuating trend over the past several quarters. From September 2019 to September 2020, the gross profit margin remained relatively stable, ranging between 16.44% and 18.13%. However, there was a notable increase in the gross profit margin from March 2021 to December 2021, peaking at 18.82%. Subsequently, there was a slight decline in the margin in the following quarters.

Overall, the company's gross profit margin has generally improved over the period, indicating an effective control over the cost of goods sold relative to revenue. Despite the fluctuations, Oshkosh Corporation has maintained a gross profit margin above 12%, reflecting a healthy level of profitability in its core operations. This trend suggests that the company has been effectively managing its production costs and pricing strategies during the period under observation.