• Oshkosh average return on tangible equity for 2023 was 29.02, a 45.76% increase from 2022.
• Oshkosh average return on tangible equity for 2022 was 19.91, a 40.1% increase from 2021.
• Oshkosh average return on tangible equity for 2021 was 33.24, a 52.34% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.