Oshkosh Corporation (OSK)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 681,400 | 679,100 | 682,500 | 688,900 | 598,000 | 522,300 | 397,900 | 249,800 | 159,900 | 91,000 | 121,400 | 308,400 | 409,400 | 472,700 | 483,000 | 349,300 | 318,300 | 324,500 | 374,500 | 486,200 |
Total assets | US$ in thousands | 9,423,100 | 9,875,900 | 9,721,500 | 9,471,000 | 9,129,200 | 8,855,100 | 8,044,300 | 7,916,400 | 7,729,000 | 6,964,400 | 6,859,900 | 6,974,500 | 6,721,800 | 6,891,600 | 6,706,300 | 6,343,800 | 6,016,400 | 5,815,900 | 5,760,300 | 5,861,900 |
ROA | 7.23% | 6.88% | 7.02% | 7.27% | 6.55% | 5.90% | 4.95% | 3.16% | 2.07% | 1.31% | 1.77% | 4.42% | 6.09% | 6.86% | 7.20% | 5.51% | 5.29% | 5.58% | 6.50% | 8.29% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $681,400K ÷ $9,423,100K
= 7.23%
The return on assets (ROA) for Oshkosh Corporation has varied over the past few years, reflecting fluctuations in the company's profitability relative to its total assets.
From the data provided, we can observe that the ROA has generally trended downwards from March 2020 to December 2022, indicating a decline in the company's ability to generate profits from its assets during this period. However, there has been a slight increase in ROA starting from March 2023, with the percentage gradually climbing up to December 2024.
The ROA stood at its highest level of 7.27% as of March 31, 2024, suggesting that Oshkosh Corporation was able to generate a respectable return on its assets during that period. This improvement indicates enhanced efficiency in utilizing its assets to generate profits.
It is important to note that fluctuations in ROA can be influenced by various factors, such as changes in net income, asset utilization, or asset base. Therefore, it would be beneficial to further analyze the company's financial performance and operational efficiency to gain a comprehensive understanding of the trends in its return on assets.
Peer comparison
Dec 31, 2024