XPO Logistics Inc (XPO)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 7,492,000 | 6,428,000 | 6,352,000 | 6,348,000 | 6,269,000 | 8,503,000 | 8,640,000 | 9,320,000 | 8,717,000 | 8,533,000 | 15,564,000 | 15,369,000 | 16,177,000 | 15,745,000 | 15,641,000 | 14,562,000 | 14,128,000 | 13,916,000 | 14,314,000 | 14,196,000 |
| ROA | 2.52% | 0.58% | 1.32% | 3.02% | 10.62% | 10.37% | 8.03% | 7.61% | 3.85% | 3.97% | 3.14% | 1.31% | 0.68% | 0.58% | 0.82% | 2.71% | 2.97% | 2.90% | 2.67% | 2.79% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $189,000K ÷ $7,492,000K
= 2.52%
XPO Inc's return on assets (ROA) has exhibited significant variability over the past eight quarters. In Q4 2022 and Q3 2022, the company achieved ROA values of 10.62% and 10.37% respectively, indicating strong efficiency in generating profits relative to its assets. However, there was a notable decline in ROA in subsequent quarters, with values of 8.03% in Q2 2022 and 7.61% in Q1 2022.
The ROA continued to decrease further in the following quarters, reaching a low of 0.58% in Q3 2023. This suggests a potential decrease in the company's profitability relative to its assets during that period. However, there was a slight improvement in Q4 2023, with ROA rising to 2.52%.
Overall, XPO Inc's ROA has experienced fluctuations, with periods of both strong profitability and potential challenges in efficiently utilizing its assets to generate earnings. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the underlying factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2023