Oshkosh Corporation (OSK)

Operating 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
Operating income (ttm)	US$ in thousands	1,062,300	1,053,800	1,044,100	966,500	837,600	769,200	620,000	454,500	353,000	224,000	220,900	355,300	466,800	544,700	567,900	482,700	475,500	488,700	564,400	703,600
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
Operating profit margin		9.90%	9.94%	10.07%	9.73%	8.67%	8.19%	6.93%	5.28%	4.26%	2.85%	2.81%	4.44%	5.87%	7.04%	7.61%	7.07%	7.06%	7.13%	7.77%	8.71%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,062,300K ÷ $10,730,200K
= 9.90%

The operating profit margin of Oshkosh Corporation has shown fluctuations over the periods analyzed. Starting at 8.71% on March 31, 2020, the margin gradually decreased to its lowest point of 2.81% on June 30, 2022, before rebounding. From September 30, 2023 onwards, the margin began to show consistent improvement, reaching its highest level of 10.07% on June 30, 2024. This upward trend continued until December 31, 2024, where it settled at 9.90%.

Overall, while there were periods of decline in the operating profit margin, Oshkosh Corporation managed to demonstrate resilience and improve profitability over the analyzed timeframe, ending with a strong operating profit margin of 9.90% by the end of December 31, 2024. This indicates effective management of operating expenses and an ability to generate profits from core operations.