GXO Logistics Inc (GXO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 218,000 | 318,000 | 386,000 | 277,000 | 94,000 |
| Revenue | US$ in thousands | 11,709,000 | 9,778,000 | 8,993,000 | 7,940,000 | 6,195,000 |
| Operating profit margin | 1.86% | 3.25% | 4.29% | 3.49% | 1.52% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $218,000K ÷ $11,709,000K
= 1.86%
GXO Logistics Inc's operating profit margin has shown fluctuations over the past five years. Starting at 1.52% on December 31, 2020, the margin increased to 3.49% by December 31, 2021, indicating an improvement in profitability. The trend continued in 2022 with a further increase to 4.29%, reflecting a strong performance. However, on December 31, 2023, the operating profit margin decreased to 3.25%, suggesting a relative decline in profitability. This decrease continued into 2024, with the margin falling to 1.86%, indicating a significant drop in operating profitability compared to the previous year. Overall, while there have been periods of growth in operating profit margin, the company experienced a decline in profitability in the most recent year, which may warrant further investigation into the factors impacting GXO Logistics Inc's operations.
Peer comparison
Dec 31, 2024