Oshkosh Corporation (OSK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.51% | 16.48% | 15.28% | 13.83% | 12.78% | 12.94% | 14.00% | 15.21% | 16.49% | 16.71% | 16.24% | 16.08% | 16.44% | 17.12% | 17.58% | 17.92% | 18.13% | 18.17% | 18.26% | 18.23% |
| Operating profit margin | 8.73% | 8.23% | 7.07% | 5.50% | 4.51% | 4.44% | 5.53% | 6.51% | 7.70% | 7.88% | 7.22% | 7.15% | 7.17% | 7.81% | 8.75% | 9.04% | 9.52% | 9.67% | 9.48% | 9.37% |
| Pretax margin | 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% | 9.09% | 8.73% | 8.62% |
| 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% |
Oshkosh Corp's profitability ratios have generally shown improvement over the quarters, indicating a positive trend in the company's profitability. The gross profit margin, which indicates the percentage of revenue that exceeds the cost of goods sold, has been increasing steadily from 12.73% in Q4 2022 to 17.40% in Q4 2023. This suggests that the company has been more efficient in managing its production costs.
Similarly, the operating profit margin, which reveals the proportion of revenue that translates into operating income after operating expenses are deducted, has also exhibited a positive trend, climbing from 4.59% in Q4 2022 to 8.67% in Q4 2023. This suggests that Oshkosh Corp has been successful in controlling its operating expenses and improving operational efficiency.
The pretax margin, which is a measure of a company's profitability before taxes are deducted, has shown consistent improvement, indicating better overall financial performance. The pretax margin increased from 3.33% in Q4 2022 to 8.26% in Q4 2023, reflecting enhanced revenue generation and cost management practices.
Furthermore, the net profit margin, which reflects the percentage of revenue that remains as net income after all expenses have been deducted, has demonstrated a positive trajectory, rising from 2.10% in Q4 2022 to 6.19% in Q4 2023. This indicates that Oshkosh Corp has been effectively managing both its operating and non-operating expenses to generate higher profits for its shareholders.
Overall, the improving trend in Oshkosh Corp's profitability ratios suggests that the company has been implementing effective strategies to enhance its financial performance and generate value for its stakeholders.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.17% | 8.69% | 7.83% | 5.95% | 4.82% | 5.16% | 6.64% | 7.52% | 8.42% | 8.72% | 7.73% | 7.96% | 8.40% | 9.80% | 12.00% | 13.42% | 14.32% | 14.61% | 13.92% | 14.75% |
| Return on assets (ROA) | 6.55% | 5.90% | 4.95% | 3.16% | 2.06% | 2.50% | 4.79% | 5.75% | 6.72% | 7.20% | 5.51% | 5.29% | 5.58% | 6.50% | 8.29% | 9.83% | 10.41% | 10.66% | 9.91% | 10.43% |
| Return on total capital | 19.47% | 18.58% | 15.77% | 12.27% | 9.85% | 10.32% | 13.13% | 14.73% | 14.18% | 14.46% | 12.78% | 12.76% | 13.32% | 15.74% | 20.07% | 21.30% | 23.31% | 23.30% | 22.94% | 22.98% |
| Return on equity (ROE) | 16.14% | 14.74% | 11.71% | 7.69% | 5.00% | 6.01% | 11.41% | 13.51% | 14.08% | 14.96% | 11.57% | 10.85% | 11.38% | 13.53% | 18.08% | 20.37% | 22.29% | 22.36% | 21.69% | 21.75% |
Oshkosh Corp's profitability ratios have generally shown improvement over the quarters. Operating return on assets (Operating ROA) has consistently increased from 4.48% in Q3 2022 to 9.17% in Q4 2023, indicating that the company is generating more income from its assets through operations. Return on assets (ROA) has followed a similar trend, rising from 2.25% in Q4 2022 to 6.55% in Q4 2023, reflecting improved efficiency in asset utilization to generate profits.
Return on total capital has also shown an upward trend, increasing from 10.03% in Q4 2022 to 18.71% in Q4 2023. This indicates that Oshkosh Corp is effective in generating returns from the total capital invested in the business. Return on equity (ROE) has exhibited growth as well, climbing from 5.46% in Q4 2022 to 16.14% in Q4 2023, indicating that the company is becoming more profitable for its equity shareholders.
Overall, the increasing profitability ratios suggest that Oshkosh Corp has been successful in enhancing its operational efficiency, asset utilization, and profitability over the analyzed quarters.