RXO Inc. (RXO)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands -47,000 -9,000 17,000 22,000 39,000 28,000 49,000 93,000 139,000 191,000 202,000 191,000 193,000
Total assets US$ in thousands 2,077 3,392,000 1,813,000 1,799,000 1,825,000 1,946,000 1,912,000 2,018,000 2,038,000 2,237,000 2,372,000 2,296,000 2,068,000
Operating ROA -2,262.88% -0.27% 0.94% 1.22% 2.14% 1.44% 2.56% 4.61% 6.82% 8.54% 8.52% 8.32% 9.33%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-47,000K ÷ $2,077K
= -2,262.88%

RXO Inc.'s operating return on assets (operating ROA) exhibited a downward trend from December 31, 2021 (9.33%) to a significant decline of -2,262.88% by December 31, 2024. This indicates decreasing profitability generated from the company's operating assets over the period analyzed. The sharp drop in the operating ROA signals potential financial distress or operational inefficiencies within RXO Inc. that may require immediate attention and corrective actions to improve the company's financial performance and long-term viability.