GXO Logistics Inc (GXO)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 229,000 | 202,000 | 199,000 | 185,000 | 197,000 | 207,000 | 216,000 | 176,000 |
| 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 |
| Net profit margin | 2.35% | 2.10% | 2.11% | 2.01% | 2.20% | 2.36% | 2.56% | 2.15% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $229,000K ÷ $9,725,000K
= 2.35%
The net profit margin of GXO Logistics Inc has shown stability over the past five quarters, ranging from 2.00% to 2.34%. This indicates that, on average, the company has been able to generate profit equivalent to approximately 2% to 2.3% of its revenues. While there was a slight increase in Q4 2023 compared to the previous quarter, the fluctuations have been relatively small. This stable performance suggests that GXO Logistics Inc has been effectively managing its expenses and generating profit relative to its revenue levels. However, it is important to further analyze the company's operating efficiency and cost management strategies to understand the factors influencing its net profit margin in more depth.
Peer comparison
Dec 31, 2023