GXO Logistics Inc (GXO)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Net income US$ in thousands 229,000 197,000 153,000
Revenue US$ in thousands 9,725,000 8,964,000 7,919,000
Net profit margin 2.35% 2.20% 1.93%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $229,000K ÷ $9,725,000K
= 2.35%

The net profit margin of GXO Logistics Inc has shown a consistent improvement over the past four years. It increased from -0.23% in December 2020 to 2.34% in December 2023. This positive trend indicates that the company has been able to effectively control its expenses and generate higher profits relative to its total revenue. Overall, the upward trajectory of GXO Logistics Inc's net profit margin demonstrates the company's improving profitability and operational efficiency over the analyzed period.


Peer comparison

Dec 31, 2023