RXO Inc. (RXO)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,000 | -2,000 | 12,000 |
| Revenue (ttm) | US$ in thousands | 3,926,000 | 4,070,000 | 4,231,000 |
| Net profit margin | 0.10% | -0.05% | 0.28% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,000K ÷ $3,926,000K
= 0.10%
RXO Inc.'s net profit margin has fluctuated over the last three quarters of the year. In the fourth quarter of 2023, the net profit margin stood at 0.10%, indicating that for every dollar of revenue generated, the company has a net profit of $0.001. This suggests a slight improvement compared to the previous quarter's negative net profit margin of -0.05%, where the company incurred losses.
In the second quarter of 2023, RXO Inc. exhibited a stronger performance with a net profit margin of 0.28%, signaling that the company was able to retain $0.0028 of profit for every dollar of revenue generated. This highlights a positive trend in the company's profitability during that period.
Overall, while the recent uptick in net profit margin is encouraging, it is essential for RXO Inc. to sustain and potentially enhance this metric to ensure long-term financial viability and growth. Tracking and analyzing the factors contributing to these fluctuations can provide valuable insights for the company’s strategic decision-making.
Peer comparison
Dec 31, 2023