Oshkosh Corporation (OSK)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	598,000	173,900	472,700	324,500	579,400
Revenue	US$ in thousands	9,608,800	8,231,100	7,695,300	6,803,800	8,333,600
Net profit margin		6.22%	2.11%	6.14%	4.77%	6.95%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $598,000K ÷ $9,608,800K
= 6.22%

The net profit margin of Oshkosh Corp has fluctuated over the past five years, ranging from 2.10% in December 2022 to 6.91% in September 2019. The net profit margin measures the profitability of the company by indicating how much of each dollar of revenue translates into profit after all expenses are deducted. The improvement in the net profit margin from 2.10% in December 2022 to 6.19% in December 2023 suggests that the company has been able to effectively manage its costs and increase profitability. However, the fluctuation in the net profit margin over the years may indicate variations in the company's efficiency in generating profits. Further analysis of the company's financial performance and cost structure would provide more insights into the factors driving these fluctuations in net profit margin.