Oshkosh Corporation (OSK)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,152,100 | 3,705,300 | 3,705,300 | 3,185,700 | 3,185,700 |
| ROE | 16.41% | 16.14% | 16.14% | 5.46% | 5.46% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $681,400K ÷ $4,152,100K
= 16.41%
The return on equity (ROE) for Oshkosh Corporation has shown a notable improvement over the periods under consideration. The ROE was 5.46% as of September 2022 and remained consistent at the same level as of December 2022. However, there was a significant increase in ROE to 16.14% as of September 2023, maintaining the same level by December 2023. The trend continued to improve with ROE reaching 16.41% by December 2024.
This positive trend in ROE indicates that Oshkosh Corporation has been able to generate increasing profits relative to shareholders' equity over time, reflecting efficient utilization of equity capital. The company's ability to enhance its ROE signifies improved profitability and effectiveness in utilizing shareholder funds to drive earnings growth. It suggests that Oshkosh Corporation's management is effectively managing its assets and liabilities to generate higher returns for shareholders, which may be attractive to investors seeking strong returns on their equity investments.
Peer comparison
Dec 31, 2024