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Oshkosh (Oshkosh) EBIT : $983 Mil (TTM As of Mar. 2024)


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What is Oshkosh EBIT?

Oshkosh's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $259 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $983 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Oshkosh's annualized ROC % for the quarter that ended in Mar. 2024 was 10.59%. Oshkosh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Oshkosh's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.98%.


Oshkosh EBIT Historical Data

The historical data trend for Oshkosh's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oshkosh EBIT Chart

Oshkosh Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 805.10 494.50 593.50 329.00 866.20

Oshkosh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.80 244.90 261.00 217.50 259.30

Competitive Comparison of Oshkosh's EBIT

For the Farm & Heavy Construction Machinery subindustry, Oshkosh's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oshkosh's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Oshkosh's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Oshkosh's EV-to-EBIT falls into.



Oshkosh EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $983 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oshkosh  (NYSE:OSK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Oshkosh's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1038.8 * ( 1 - 23.09% )/( (7238.8 + 7854.7)/ 2 )
=798.94108/7546.75
=10.59 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Oshkosh's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1037.2/( ( (1333.8 + max(627, 0)) + (1102.9 + max(1154.6, 0)) )/ 2 )
=1037.2/( ( 1960.8 + 2257.5 )/ 2 )
=1037.2/2109.15
=49.18 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1316.4 + 2131.6 + 93.600000000001) - (1765 + 706.9 + 442.7)
=627

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1533 + 2208.4 + 91.700000000001) - (1546.4 + 703.8 + 428.3)
=1154.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Oshkosh's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=982.7/8953.359
=10.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oshkosh EBIT Related Terms

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Oshkosh (Oshkosh) Business Description

Traded in Other Exchanges
Address
1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. In recent years, the company has manufactured joint light tactical vehicles, or JLTV, for the U.S. Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing its U.S. Postal Service contract into focus, which calls for the electrification of U.S. postal vehicles. The company reports four segments—access equipment (48% of revenue), defense (26%), fire and emergency (13%), and commercial (13%)—and generated $8.3 billion in revenue in 2022.
Executives
Bryan K Brandt officer: SVP & Chief Marketing Officer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
James W. Johnson officer: Exec. VP & Pres., Fire & Emerg C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
John S Verich officer: SVP and Treasurer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Michael E Pack officer: Exec. VP and CFO 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Frank R. Nerenhausen officer: EVP & Pres. Commercial Segment C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jason P Baab officer: SVP, Corp. Develop. & Strategy 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Timothy S Bleck officer: SVP & Pres. Defense Segment 1917 FOUR WHEEL DR, OSHKOSH WI 54902
David G Perkins director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Thomas P Hawkins officer: SVP, Government Relations 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Jayanthi Iyengar officer: EVP, Chief Tech & Strategic C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
John J Bryant officer: SVP and Pres, Defense Segment 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Douglas Lee Davis director 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
James C Freeders officer: Senior VP and Controller 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Bradley M. Nelson officer: SVP & Pres. Commercial Segment C/O OSHKOSH CORPORATION, 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54903-2566
Anupam Khare officer: SVP/Chief Information Officer 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902