XPO Logistics Inc (XPO)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 438,000 | 377,000 | 312,000 | 97,000 | 561,000 |
| Revenue | US$ in thousands | 7,744,000 | 7,718,000 | 7,202,000 | 6,168,000 | 10,681,000 |
| Operating profit margin | 5.66% | 4.88% | 4.33% | 1.57% | 5.25% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $438,000K ÷ $7,744,000K
= 5.66%
The operating profit margin of XPO Inc has displayed fluctuations over the past five years. The margin increased to 7.11% in 2022 from 5.25% in 2021, showing improvement in operational efficiency. However, in 2023, it slightly dropped to 7.01%. Notably, the operating profit margin was significantly lower in 2020 at 2.41% compared to the surrounding years. In 2019, the margin was higher at 4.93%. Overall, despite some fluctuations, XPO Inc has managed to maintain a positive operating profit margin in the range of 2.41% to 7.11% over the past five years, indicating effective cost management and revenue generation strategies.
Peer comparison
Dec 31, 2023