Oshkosh Corporation (OSK)
Gross profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,496,000 | 1,465,800 | 1,443,900 |
| Revenue (ttm) | US$ in thousands | 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 | 8,231,100 | 8,026,400 | 7,922,600 |
| Gross profit margin | 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% | 18.17% | 18.26% | 18.23% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,680,800K ÷ $9,599,300K
= 17.51%
The gross profit margin of Oshkosh Corp has been showing an improving trend over the past eight quarters. From Q1 2022 to Q4 2023, the gross profit margin has increased steadily from 13.79% to 17.40%. This indicates that Oshkosh Corp has been able to efficiently manage its cost of goods sold and generate more gross profit from its revenue.
The consistent improvement in the gross profit margin suggests that Oshkosh Corp may have implemented cost-saving measures, improved pricing strategies, or increased operational efficiency. This indicates a positive trend in the company's profitability, as a higher gross profit margin signifies that the company is retaining a larger portion of its revenue after accounting for the cost of goods sold.
Overall, the upward trajectory of Oshkosh Corp's gross profit margin demonstrates the company's ability to effectively manage its production costs and generate more profit from each dollar of sales, which could lead to improved financial performance and shareholder value.
Peer comparison
Dec 31, 2023