XPO Logistics Inc (XPO)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 387,000 370,000 359,000 242,000 189,000 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
Total stockholders’ equity US$ in thousands 1,601,000 1,641,000 1,499,000 1,332,000 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
ROE 24.17% 22.55% 23.95% 18.17% 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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $387,000K ÷ $1,601,000K
= 24.17%

The return on equity (ROE) of XPO Logistics Inc has shown fluctuation over the analyzed period from March 31, 2020, to December 31, 2024. The ROE started at 15.32% in March 2020, decreased significantly to 3.47% in September 2020, and remained low around 4-7% until June 2021.

From September 2021 onwards, the ROE began to show a strong upward trend, reaching 65.81% in December 2022. This significant improvement in ROE indicates that the company was effectively utilizing its equity to generate higher profits for shareholders.

However, there was a decline in ROE in the first half of 2023, hitting a low of 3.09% in September 2023, before recovering to 24.17% by December 2024. Overall, the ROE of XPO Logistics Inc has displayed both positive and negative trends during the period under consideration, reflecting changes in the company's profitability and efficiency in generating returns for its shareholders.