XPO Logistics Inc (XPO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 387,000 | 189,000 | 666,000 | 336,000 | 110,000 |
| Revenue | US$ in thousands | 8,112,000 | 7,744,000 | 7,718,000 | 7,202,000 | 6,168,000 |
| Net profit margin | 4.77% | 2.44% | 8.63% | 4.67% | 1.78% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $387,000K ÷ $8,112,000K
= 4.77%
Based on the provided data, the net profit margin of XPO Logistics Inc has demonstrated fluctuations over the past five years. The net profit margin was 1.78% as of December 31, 2020, indicating that the company was generating $1.78 in profit for every $100 in revenue.
By December 31, 2021, the net profit margin had increased significantly to 4.67%, suggesting an improvement in the company's profitability. This trend continued into 2022, with the net profit margin reaching 8.63%, showcasing a substantial increase in profitability.
However, in December 31, 2023, there was a notable decline in the net profit margin to 2.44%, indicating a decrease in profitability. This dip was followed by a rebound in December 31, 2024, where the net profit margin rose to 4.77%, albeit not reaching the peak seen in 2022.
Overall, XPO Logistics Inc's net profit margin has shown variability, with periods of both growth and decline. It is essential for the company to continue monitoring and managing its expenses, revenue, and operational efficiency to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024