GXO Logistics Inc (GXO)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 146,000 | 266,000 | 264,000 | 153,000 | -6,000 |
| Revenue | US$ in thousands | 11,709,000 | 9,778,000 | 8,993,000 | 7,940,000 | 6,195,000 |
| Pretax margin | 1.25% | 2.72% | 2.94% | 1.93% | -0.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $146,000K ÷ $11,709,000K
= 1.25%
GXO Logistics Inc's pretax margin has shown an upward trend over the past five years, starting at a negative margin of -0.10% in December 2020 and steadily increasing to 1.93% in December 2021, 2.94% in December 2022, and 2.72% in December 2023. However, there was a slight decline in the pretax margin to 1.25% in December 2024.
The positive pretax margins indicate that GXO Logistics Inc is generating more income before taxes relative to its total revenue. This improvement suggests that the company has been effectively managing its operating expenses and generating higher profits over the period analyzed. However, the slight dip in the pretax margin in 2024 may warrant further investigation to understand the factors contributing to this decrease. Overall, the increasing trend in the pretax margin demonstrates the company's ability to enhance profitability and efficiency in its operations.
Peer comparison
Dec 31, 2024