Oshkosh Corporation (OSK)

Return on equity (ROE)

		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	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
Net income (ttm)	US$ in thousands	679,100	682,500	688,900	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
Total stockholders’ equity	US$ in thousands	4,102,000	3,924,900	3,826,000	3,705,300	3,543,300	3,396,800	3,247,200	3,185,700	2,891,300	2,877,000	2,968,000	3,357,700	3,228,700	3,018,200	2,932,600	2,850,700	2,768,900	2,689,000	2,681,100	2,599,800
ROE		16.56%	17.39%	18.01%	16.14%	14.74%	11.71%	7.69%	5.00%	6.01%	11.41%	13.51%	14.08%	14.96%	11.57%	10.85%	11.38%	13.53%	18.08%	20.37%	22.29%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $679,100K ÷ $4,102,000K
= 16.56%

Oshkosh Corporation's return on equity (ROE) has shown fluctuating trends over the past few quarters. In the most recent quarter, ending September 30, 2024, the ROE stood at 16.56%, which is slightly lower compared to the previous quarter's 17.39%. Despite this slight decrease, the ROE remains at a respectable level, indicating the company's ability to generate profit from shareholders' equity.

Looking further back, ROE has generally been on an upward trajectory since the end of 2020. The company experienced a significant improvement in ROE from the low of 5.00% in December 2022 to the peak of 22.29% in September 2019, reflecting a positive trend in the company's profitability and efficiency in utilizing equity.

It is important to note that ROE is a key financial metric that measures a company's ability to generate profits from shareholders' investments. A higher ROE indicates better performance, as the company is effectively utilizing shareholders' funds to generate earnings. Oshkosh Corporation's ROE has shown variability but generally demonstrates the company's ability to generate returns on shareholders' equity.