Oshkosh Corporation (OSK)

Gross profit margin

		Dec 31, 2024	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	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,942,300	1,934,700	1,896,800	1,788,800	1,666,100	1,541,400	1,352,000	1,167,600	1,035,100	891,800	891,600	1,036,100	1,149,900	1,220,800	1,223,200	1,096,100	1,073,400	1,120,300	1,236,700	1,413,100
Revenue (ttm)	US$ in thousands	10,730,200	10,598,900	10,367,400	9,933,600	9,657,900	9,394,700	8,951,500	8,604,400	8,282,000	7,870,100	7,866,400	8,009,200	7,952,500	7,737,300	7,458,500	6,830,500	6,738,200	6,856,800	7,268,300	8,080,200
Gross profit margin		18.10%	18.25%	18.30%	18.01%	17.25%	16.41%	15.10%	13.57%	12.50%	11.33%	11.33%	12.94%	14.46%	15.78%	16.40%	16.05%	15.93%	16.34%	17.01%	17.49%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,942,300K ÷ $10,730,200K
= 18.10%

The gross profit margin of Oshkosh Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend began at 17.49% in March 2020, relatively high, and gradually decreased to 11.33% by June 30, 2022, reaching its lowest point during this period.

However, from that low point, the gross profit margin started to recover, showing an upward trend. By December 31, 2024, the gross profit margin had improved to 18.10%, surpassing its initial level. This improvement indicates that the company may have implemented cost-cutting measures or achieved better pricing strategies to enhance profitability.

Overall, the gross profit margin of Oshkosh Corporation has displayed volatility in the short term, but the long-term trend shows a positive trajectory. It is essential for the company to continue monitoring and managing its cost of goods sold and revenue generation to sustain and improve its profitability in the future.