GXO Logistics Inc (GXO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,003,000 | 3,106,000 | 2,901,000 | 2,869,000 | 2,912,000 | 2,784,000 | 2,778,000 | 2,685,000 | 2,645,000 | 2,569,000 | 2,530,000 | 2,341,000 | 2,351,000 | 2,296,000 | 2,874,000 | 2,919,000 | 2,823,000 |
| ROE | 4.46% | 3.44% | 4.83% | 5.82% | 7.86% | 7.26% | 7.16% | 6.89% | 7.45% | 8.06% | 8.54% | 7.52% | 6.51% | 5.44% | 2.47% | -0.17% | -1.10% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $134,000K ÷ $3,003,000K
= 4.46%
The return on equity (ROE) of GXO Logistics Inc has shown a fluctuating trend over the past few years, starting at a negative -1.10% on December 31, 2020, and gradually improving. From June 2022 to December 2022, there was a steady increase in ROE, reaching a peak of 8.54% on June 30, 2022. However, there was a slight decline in ROE in the following quarters, with a dip to 3.44% on September 30, 2024. The ROE recovered slightly to 4.46% on December 31, 2024.
Overall, GXO Logistics Inc's ROE has shown some volatility but has generally trended upwards over the period under review. It is important to further investigate the factors contributing to the fluctuations in ROE to assess the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024