RXO Inc. (RXO)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 696,000 | 658,000 | 1,172,000 | 1,008,000 | 789,000 |
| Revenue | US$ in thousands | 4,550,000 | 3,927,000 | 4,796,000 | 4,689,000 | 3,357,000 |
| Gross profit margin | 15.30% | 16.76% | 24.44% | 21.50% | 23.50% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $696,000K ÷ $4,550,000K
= 15.30%
The gross profit margin of RXO Inc. has shown some fluctuations over the five years from 2020 to 2024.
- In 2020, the gross profit margin was 23.50%, reflecting a relatively healthy profit margin.
- By 2021, the gross profit margin declined slightly to 21.50%, which may indicate some challenges in maintaining profitability.
- In 2022, there was an improvement in the gross profit margin to 24.44%, suggesting a positive trend.
- However, in 2023, the gross profit margin dropped significantly to 16.76%, which could be a cause for concern.
- Finally, by 2024, the gross profit margin decreased further to 15.30%, indicating a continued decline in profitability.
Overall, the trend in RXO Inc.'s gross profit margin shows a mix of positive and negative movements, with a general downward trajectory in recent years. Further analysis of the company's cost structure and pricing strategies may be warranted to understand the factors contributing to these fluctuations.
Peer comparison
Dec 31, 2024