GXO Logistics Inc (GXO)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 134,000 | 107,000 | 140,000 | 167,000 | 229,000 | 202,000 | 199,000 | 185,000 | 197,000 | 207,000 | 216,000 | 176,000 | 153,000 | 125,000 | 71,000 | -5,000 | -31,000 |
| Total assets | US$ in thousands | 11,266,000 | 11,900,000 | 11,360,000 | 9,380,000 | 9,507,000 | 9,091,000 | 9,126,000 | 9,090,000 | 9,219,000 | 8,806,000 | 8,706,000 | 7,126,000 | 7,271,000 | 7,133,000 | 7,068,000 | 7,120,000 | 6,548,000 |
| ROA | 1.19% | 0.90% | 1.23% | 1.78% | 2.41% | 2.22% | 2.18% | 2.04% | 2.14% | 2.35% | 2.48% | 2.47% | 2.10% | 1.75% | 1.00% | -0.07% | -0.47% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $134,000K ÷ $11,266,000K
= 1.19%
The return on assets (ROA) for GXO Logistics Inc has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The ROA started at a negative value of -0.47% on December 31, 2020, indicating inefficient utilization of assets to generate profits. However, the ROA improved gradually over time, reaching a positive value of 2.41% by December 31, 2023.
From December 31, 2023, to December 31, 2024, there was a slight decrease in ROA from 2.41% to 1.19%. Despite this decrease, the company maintained a positive ROA, suggesting better asset utilization to generate profits compared to the initial period.
Overall, the trend indicates a positive improvement in the company's ability to generate profits relative to its total assets. This indicates management efficiency in generating earnings from assets, which is a key aspect of evaluating the company's operational performance and financial health.
Peer comparison
Dec 31, 2024