Oshkosh Corporation (OSK)

Net 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
Net income (ttm)	US$ in thousands	598,000	522,300	397,900	249,800	159,200	173,800	328,400	401,100	472,700	483,000	349,300	318,300	324,500	374,500	486,200	546,100	579,400	580,700	542,200	524,500
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
Net profit margin		6.23%	5.59%	4.46%	2.92%	1.93%	2.15%	3.99%	4.97%	6.15%	6.51%	5.14%	4.76%	4.76%	5.18%	6.05%	6.62%	6.92%	7.05%	6.76%	6.62%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $598,000K ÷ $9,599,300K
= 6.23%

The net profit margin of Oshkosh Corp has shown variability over the past eight quarters. The trend indicates an improvement in profitability, as the net profit margin has been increasing steadily from Q1 2022 to Q4 2023. The company's net profit margin reached a high of 6.19% in Q4 2023, showing a significant improvement from the 2.10% in Q4 2022.

This increasing trend suggests that Oshkosh Corp has been able to effectively control its costs and generate more profits from its revenue over time. It indicates that the company is becoming more efficient in converting its sales into profits. However, the lower net profit margins in earlier quarters, such as Q1 and Q2 2023, indicate potential challenges in managing expenses or facing competitive pressures during those periods.

Overall, the improving net profit margin of Oshkosh Corp is a positive sign for the company's financial performance and its ability to generate sustainable profits.