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.