XPO Logistics Inc (XPO)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 7,712,000 | 7,492,000 | 6,269,000 | 8,717,000 | 16,177,000 |
| ROA | 5.02% | 2.52% | 10.62% | 3.85% | 0.68% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $387,000K ÷ $7,712,000K
= 5.02%
XPO Logistics Inc's return on assets (ROA) has been showing a varying trend over the years based on the provided data.
- As of December 31, 2020, the ROA stood at 0.68%, indicating that for every dollar of assets the company held, it generated a return of 0.68 cents.
- By December 31, 2021, the ROA increased significantly to 3.85%, suggesting improved efficiency in asset utilization.
- The ROA further surged to 10.62% by December 31, 2022, indicating a substantial increase in the company's profitability relative to its assets.
- However, by December 31, 2023, the ROA decreased to 2.52%, signaling a decline in the company's ability to generate earnings from its assets.
- As of December 31, 2024, the ROA rebounded to 5.02%, showing a recovery in the company's profitability relative to its asset base.
Overall, XPO Logistics Inc's ROA has demonstrated fluctuations over the years, with periods of significant improvement followed by slight declines. It is important for investors and stakeholders to monitor this metric to assess the company's efficiency in utilizing its assets to generate profits effectively.
Peer comparison
Dec 31, 2024