XPO Logistics Inc (XPO)

Net profit margin

		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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	189,000	37,000	84,000	192,000	666,000	882,000	694,000	709,000	336,000	339,000	489,000	202,000	110,000	92,000	129,000	395,000	419,000	403,000	382,000	396,000
Revenue (ttm)	US$ in thousands	7,744,000	7,635,000	7,601,000	7,731,000	7,718,000	9,283,000	10,607,000	11,746,000	12,841,000	12,465,000	11,870,000	12,186,000	13,061,000	14,227,000	15,706,000	16,442,000	16,698,000	16,901,000	17,082,000	17,207,000
Net profit margin		2.44%	0.48%	1.11%	2.48%	8.63%	9.50%	6.54%	6.04%	2.62%	2.72%	4.12%	1.66%	0.84%	0.65%	0.82%	2.40%	2.51%	2.38%	2.24%	2.30%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $189,000K ÷ $7,744,000K
= 2.44%

The net profit margin of XPO Inc has exhibited fluctuation over the past eight quarters, as evidenced by the following figures:

- In Q4 2023, the net profit margin was 2.44%, increasing from the previous quarter's 0.98%.
- The net profit margin in Q3 2023 was 0.98%, a decrease from the preceding quarter's 1.74%.
- In Q2 2023, the net profit margin stood at 1.74%, showing an increase compared to the Q1 2023 figure of 3.12%.
- The highest net profit margin of the past eight quarters was in Q4 2022 at 8.63%, followed by Q3 2022 at 9.31%.
- The net profit margin in Q2 2022 was 7.15%, while in Q1 2022, it was 6.16%.

Overall, the net profit margin of XPO Inc has displayed variability in recent quarters, possibly influenced by factors such as changes in revenue, expenses, and operational efficiency. It is essential for stakeholders to closely monitor these fluctuations and assess their underlying causes to make informed decisions regarding the company's financial performance and future prospects.