Oshkosh Corporation (OSK)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,010,700 | 843,800 | 837,600 | 372,300 | 372,300 |
| Total assets | US$ in thousands | 9,423,100 | 9,129,200 | 9,129,200 | 7,729,000 | 7,729,000 |
| Operating ROA | 10.73% | 9.24% | 9.17% | 4.82% | 4.82% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,010,700K ÷ $9,423,100K
= 10.73%
Operating return on assets (operating ROA) measures the efficiency of Oshkosh Corporation in generating operating profits from its total assets. The trend analysis of Oshkosh Corporation's operating ROA reveals a consistent improvement over the years.
Starting at 4.82% as of September 30, 2022, the operating ROA remained stable at the same level by the end of December 31, 2022. This indicates a period of operational steadiness. Subsequently, there was a noticeable uptick in performance, with the operating ROA increasing to 9.17% by September 30, 2023, and further to 9.24% by December 31, 2023. This improvement suggests that the company was able to more effectively utilize its assets to generate operating income.
The most significant increase in operating ROA was observed by the end of December 31, 2024, reaching 10.73%. This surge indicates that Oshkosh Corporation significantly enhanced its operational efficiency and profitability relative to its asset base. Overall, the trend in operating ROA reflects a positive trajectory for Oshkosh Corporation, showcasing its ability to generate higher operating returns from its asset investments over time.
Peer comparison
Dec 31, 2024