Oshkosh Corporation (OSK)

Pretax margin

		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	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	888,100	890,200	899,400	788,000	697,200	549,700	360,700	256,700	242,900	343,400	433,900	497,900	532,400	448,600	422,700	436,400	503,200	640,600	698,400	750,700
Revenue (ttm)	US$ in thousands	10,500,700	10,283,200	9,871,600	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
Pretax margin		8.46%	8.66%	9.11%	8.21%	7.46%	6.17%	4.21%	3.11%	3.00%	4.17%	5.38%	6.47%	7.17%	6.60%	6.31%	6.40%	6.96%	7.97%	8.46%	8.97%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $888,100K ÷ $10,500,700K
= 8.46%

The pretax margin of Oshkosh Corporation has shown fluctuations over the past several quarters. The pretax margin increased from 6.31% in March 2021 to 9.11% in March 2024, indicating a positive trend in profitability efficiency. However, there was a slight decline in the pretax margin in the most recent quarter, dropping to 8.46%.

Despite the fluctuation, the overall trend suggests that the company has been able to effectively manage its costs and generate higher levels of profitability over time. The upward trajectory from 2019 to 2024 demonstrates improved operational efficiency and profitability for Oshkosh Corporation.

It is essential for the company to continue monitoring and managing its costs effectively to sustain and potentially improve the pretax margin in the future, maintaining a balance between revenue generation and cost control efforts.