Xerox Corp (XRX)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,000 | 180,000 | -252,000 | -195,000 | -322,000 | -1,118,000 | -645,000 | -550,000 | -455,000 | 297,000 | 297,000 | 233,000 | 192,000 | 933,000 | 1,064,000 |
| Revenue (ttm) | US$ in thousands | 7,029,000 | 7,162,000 | 7,264,000 | 7,275,000 | 7,228,000 | 7,131,000 | 7,170,000 | 7,234,000 | 7,299,000 | 7,375,000 | 7,384,000 | 7,080,000 | 7,189,000 | 7,720,000 | 8,175,000 |
| Net profit margin | 0.01% | 2.51% | -3.47% | -2.68% | -4.45% | -15.68% | -9.00% | -7.60% | -6.23% | 4.03% | 4.02% | 3.29% | 2.67% | 12.09% | 13.02% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,000K ÷ $7,029,000K
= 0.01%
Xerox Holdings Corp's net profit margin has shown fluctuations over the past eight quarters. In Q4 2023, the company reported a net profit margin of -0.19%, indicating that its net profit was negative relative to its revenue. This was a slight improvement from the previous quarter, where the net profit margin was 2.35%.
Looking back further, in Q2 and Q3 2023, the net profit margins were -3.71% and -2.92%, respectively, showing a negative trend in profitability during that period. Comparing to the same quarter in the previous year, Q4 2022 had a net profit margin of -4.73%, suggesting a slight improvement in profitability year over year.
The most significant decline in net profit margin was observed in Q3 2022 when it reached -16.30%. This was followed by improvements in Q2 and Q1 2022, with net profit margins of -9.48% and -8.06%, respectively.
Overall, Xerox Holdings Corp's net profit margin has been volatile, with periods of negative profitability interspersed with slight improvements. Further analysis of the company's financial performance and operating efficiency would be necessary to understand the factors driving these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023