GXO Logistics Inc (GXO)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 559,000 | 525,000 | 435,000 | 340,000 | 274,000 | 281,000 | 261,000 | 238,000 |
| Revenue (ttm) | US$ in thousands | 9,725,000 | 9,604,000 | 9,428,000 | 9,195,000 | 8,964,000 | 8,764,000 | 8,452,000 | 8,181,000 |
| Gross profit margin | 5.75% | 5.47% | 4.61% | 3.70% | 3.06% | 3.21% | 3.09% | 2.91% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $559,000K ÷ $9,725,000K
= 5.75%
GXO Logistics Inc has consistently maintained a gross profit margin of 100% across the last five quarters. This indicates that the company is effectively controlling its production costs and generating a healthy level of profit from its primary business activities. A gross profit margin of 100% suggests that the company is able to sell its products or services at a price significantly higher than the cost of production. This is a strong indicator of operational efficiency and could potentially reflect a competitive advantage in the industry. However, it would be beneficial to investigate further to understand the underlying reasons behind this consistent performance and ensure its sustainability in the long term.
Peer comparison
Dec 31, 2023