RXO Inc. (RXO)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -285 | 4,000 | 92,000 | 150,000 | 43,000 |
Revenue | US$ in thousands | 4,550,000 | 3,927,000 | 4,796,000 | 4,689,000 | 3,357,000 |
Net profit margin | -0.01% | 0.10% | 1.92% | 3.20% | 1.28% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-285K ÷ $4,550,000K
= -0.01%
The net profit margin of RXO Inc. has shown volatility over the years, fluctuating between 1.28% in December 2020 to -0.01% by December 2024. In 2021, the company experienced a significant increase in net profit margin to 3.20%, indicating improved profitability. However, this performance was not sustained, as the margin dropped to 1.92% in 2022 and further decreased to 0.10% in 2023. The negative net profit margin by the end of 2024 raises concerns about the company's ability to generate profits relative to its revenue. It is essential to closely analyze the factors contributing to these fluctuations to assess the overall financial health and sustainability of RXO Inc.
Peer comparison
Dec 31, 2024