RXO Inc. (RXO)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 573,667 | 807,000 | 880,000 | 907,000 | 881,000 | 924,000 | 971,000 | 1,053,000 | 1,172,000 | 1,170,000 | 1,129,000 | 1,046,000 | 988,000 |
| Revenue (ttm) | US$ in thousands | 2,884,667 | 3,861,000 | 3,797,000 | 3,830,000 | 3,927,000 | 4,069,000 | 4,231,000 | 4,494,000 | 4,796,000 | 5,003,000 | 5,063,000 | 4,936,000 | 4,689,000 |
| Gross profit margin | 19.89% | 20.90% | 23.18% | 23.68% | 22.43% | 22.71% | 22.95% | 23.43% | 24.44% | 23.39% | 22.30% | 21.19% | 21.07% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $573,667K ÷ $2,884,667K
= 19.89%
RXO Inc.'s gross profit margin has displayed some fluctuation over the analyzed periods, ranging from a low of 19.89% on December 31, 2024, to a peak of 24.44% on December 31, 2022. The trend indicates a general improvement in the gross profit margin from 2021 to 2023, with a slight decrease in the following periods. It is important to note that the company experienced a notable decline in the gross profit margin from September 30, 2024, to December 31, 2024, which may warrant further investigation into potential causes. Overall, the gross profit margin of RXO Inc. demonstrates variability but with an average level maintained above 20%, signifying a moderate level of profitability in its core operations.
Peer comparison
Dec 31, 2024