Oshkosh Corporation (OSK)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Sep 30, 2023 Dec 31, 2022 Sep 30, 2022
Net income US$ in thousands 681,400 598,000 598,000 173,900 173,900
Total assets US$ in thousands 9,423,100 9,129,200 9,129,200 7,729,000 7,729,000
ROA 7.23% 6.55% 6.55% 2.25% 2.25%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $681,400K ÷ $9,423,100K
= 7.23%

Oshkosh Corporation's return on assets (ROA) has shown a positive trend over the period analyzed. The ROA was 2.25% for both September and December 2022, indicating a steady performance. Subsequently, the ROA increased significantly to 6.55% in September and December 2023, demonstrating improved efficiency in generating profits relative to its assets.

The most notable improvement was seen by the end of December 2024, where the ROA further increased to 7.23%. This suggests that Oshkosh Corporation has been effectively utilizing its assets to generate profits, reflecting positively on the company's operational performance and management's ability to generate returns for the shareholders.

Overall, the increasing trend in ROA indicates that Oshkosh Corporation has been successful in enhancing its profitability in relation to its asset base, which is a positive signal for investors and stakeholders.