GXO Logistics Inc (GXO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 134,000 | 229,000 | 197,000 | 153,000 | -22,000 |
| Revenue | US$ in thousands | 11,709,000 | 9,778,000 | 8,993,000 | 7,940,000 | 6,195,000 |
| Net profit margin | 1.14% | 2.34% | 2.19% | 1.93% | -0.36% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $134,000K ÷ $11,709,000K
= 1.14%
Based on the provided data, GXO Logistics Inc's net profit margin has shown variability over the past five years. In December 2020, the net profit margin was at a negative 0.36%, indicating that the company experienced a loss relative to its revenue. However, there has been a positive trend since then, with the net profit margin improving to 1.93% in December 2021, 2.19% in December 2022, and further increasing to 2.34% in December 2023.
While the net profit margin peaked at 2.34% in December 2023, there was a slight decline in profitability as of December 2024, with the net profit margin dropping to 1.14%. This decrease suggests a potential decrease in profitability relative to revenue in that period.
Overall, GXO Logistics Inc's net profit margin has shown improvement over the years, signifying better efficiency in managing costs and generating profits. However, the slight decline in the most recent year indicates the importance of monitoring and analyzing financial performance to ensure continued profitability in the future.
Peer comparison
Dec 31, 2024