GXO Logistics Inc (GXO)
Operating profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Operating income | US$ in thousands | 318,000 | 242,000 | 151,000 |
Revenue | US$ in thousands | 9,725,000 | 8,964,000 | 7,919,000 |
Operating profit margin | 3.27% | 2.70% | 1.91% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $318,000K ÷ $9,725,000K
= 3.27%
GXO Logistics Inc's operating profit margin has shown a consistent improvement over the past four years, increasing from 1.35% in 2020 to 3.93% in 2023. This upward trend indicates the company's ability to generate more profit from its operations relative to its revenue. The steady growth in operating profit margin reflects operational efficiency and effective cost management strategies implemented by the company. Overall, the increasing trend in operating profit margin signifies a positive performance for GXO Logistics Inc in terms of profitability and operational effectiveness.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating profit margin
GXO Logistics Inc
GXO
3.27%
Booking Holdings Inc
BKNG
27.31%
Expedia Group Inc.
EXPE
8.24%
GATX Corporation
GATX
-14.56%
RXO Inc.
RXO
0.99%
Verra Mobility Corp
VRRM
182.31%
XPO Logistics Inc
XPO
5.66%