XPO Logistics Inc (XPO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,266,000 | 1,197,000 | 1,119,000 | 1,055,000 | 1,012,000 | 1,786,000 | 1,707,000 | 1,598,000 | 1,138,000 | 1,016,000 | 2,927,000 | 2,776,000 | 2,709,000 | 2,649,000 | 2,484,000 | 2,578,000 | 2,743,000 | 2,572,000 | 2,505,000 | 2,438,000 |
| ROE | 14.93% | 3.09% | 7.51% | 18.20% | 65.81% | 49.38% | 40.66% | 44.37% | 29.53% | 33.37% | 16.71% | 7.28% | 4.06% | 3.47% | 5.19% | 15.32% | 15.28% | 15.67% | 15.25% | 16.24% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $189,000K ÷ $1,266,000K
= 14.93%
XPO Inc's return on equity (ROE) has shown fluctuations over the past eight quarters. In Q4 2023, the ROE was 14.93%, indicating a moderate return on equity compared to previous quarters. The company experienced a significant decline in ROE in Q3 2023 to 3.09%, suggesting lower profitability and efficiency. However, in Q2 2023, the ROE improved to 7.51% but was still below the levels seen in the previous year.
The highest ROE was observed in Q4 2022 at 65.81%, indicating strong profitability and efficiency during that period. The following quarters of Q3 and Q2 2022 also showed relatively high ROE figures of 49.38% and 40.66%, respectively. In Q1 2022, the ROE was 44.37%, reflecting continued solid performance.
Overall, XPO Inc's ROE has experienced variability, with the company achieving exceptionally high ROE in some quarters while facing challenges in others. It is essential for investors and stakeholders to monitor these fluctuations to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2023