Xerox Corp (XRX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,321,000 | 1,000 | -322,000 | -455,000 | 192,000 |
| Revenue | US$ in thousands | 6,524,000 | 7,035,000 | 7,251,000 | 7,296,000 | 7,264,000 |
| Net profit margin | -20.25% | 0.01% | -4.44% | -6.24% | 2.64% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-1,321,000K ÷ $6,524,000K
= -20.25%
The net profit margin of Xerox Corp has shown significant fluctuations over the past five years, with values ranging from positive to negative percentages.
In December 2020, the net profit margin was 2.64%, indicating that Xerox was able to retain about 2.64% of its revenue as profit. However, there was a sharp decline in profitability in December 2021, with a negative net profit margin of -6.24%, suggesting that Xerox experienced a loss in that period.
Although there was a slight improvement in December 2023, with a net profit margin of 0.01%, the company's performance worsened in December 2024, recording a significant decrease to -20.25%.
Overall, the negative net profit margins in recent years indicate that Xerox Corp has been facing challenges in generating profits relative to its revenue. It may be important for stakeholders to investigate the reasons behind these fluctuations and assess the company's strategies to improve profitability in the future.
Peer comparison
Dec 31, 2024