Oshkosh Corporation (OSK)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 4,152,100 | 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 | 3,076,400 | 3,247,800 | 3,228,700 | 3,018,200 | 2,932,600 | 2,850,700 | 2,768,900 | 2,689,000 |
ROE | 16.41% | 16.56% | 17.39% | 18.01% | 16.14% | 14.74% | 11.71% | 7.69% | 5.02% | 3.15% | 4.22% | 10.39% | 13.31% | 14.55% | 14.96% | 11.57% | 10.85% | 11.38% | 13.53% | 18.08% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $681,400K ÷ $4,152,100K
= 16.41%
Oshkosh Corporation's return on equity (ROE) has witnessed fluctuations over the past few years based on the provided data. The trend shows a gradual decrease in ROE from a high of 18.08% in March 2020 to a low of 3.15% in September 2022. This decline could be concerning as it indicates a decreasing ability of the company to generate profits from the equity investments made by its shareholders.
However, there seems to be a recovery in the ROE performance starting from March 2023 onwards, with the ROE steadily increasing to 16.41% by December 2024. This improvement suggests that Oshkosh Corporation is becoming more efficient in utilizing its shareholders' equity to generate profits.
It is essential for investors and stakeholders to closely monitor the company's ROE performance to assess its profitability and efficiency in generating returns on equity investments. Factors affecting ROE, such as net income, total equity, and financial leverage, should be analyzed to understand the underlying reasons behind the fluctuations in Oshkosh Corporation's ROE.
Peer comparison
Dec 31, 2024