Oshkosh Corporation (OSK)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 598,000 | 522,300 | 397,900 | 249,800 | 159,200 | 173,800 | 328,400 | 401,100 | 472,700 | 483,000 | 349,300 | 318,300 | 324,500 | 374,500 | 486,200 | 546,100 | 579,400 | 580,700 | 542,200 | 524,500 |
| Total assets | US$ in thousands | 9,129,200 | 8,855,100 | 8,044,300 | 7,916,400 | 7,729,000 | 6,964,400 | 6,859,900 | 6,974,500 | 7,035,700 | 6,706,300 | 6,343,800 | 6,016,400 | 5,815,900 | 5,760,300 | 5,861,900 | 5,556,200 | 5,566,300 | 5,446,400 | 5,469,400 | 5,030,100 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $598,000K ÷ $9,129,200K
= 6.55%
The return on assets (ROA) of Oshkosh Corp has been fluctuating over the past eight quarters, ranging from 2.25% to 6.55%. There has been a general increasing trend in ROA from Q4 2022 to Q4 2023, indicating an improvement in the company's ability to generate profits from its assets. The highest recorded ROA of 6.55% in Q4 2023 suggests that Oshkosh Corp was able to generate $0.0655 in net income for every dollar of assets it possesses during that quarter. This improvement in ROA could signify more efficient asset utilization, better cost management, or increased revenue generation. However, it is crucial to further investigate the underlying reasons for these variations in ROA to determine the sustainability and effectiveness of Oshkosh Corp's current business operations and financial performance.
Peer comparison
Dec 31, 2023