RXO Inc (RXO)
19.00
+0.09
(+0.48%)
USD |
NYSE |
May 01, 16:00
19.45
+0.45
(+2.37%)
Pre-Market: 20:00
RXO Gross Profit Margin (Quarterly): 24.03% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 24.03% |
September 30, 2023 | 23.98% |
June 30, 2023 | 24.92% |
March 31, 2023 | 24.85% |
December 31, 2022 | 24.82% |
September 30, 2022 | 24.69% |
Date | Value |
---|---|
June 30, 2022 | 26.26% |
March 31, 2022 | 22.18% |
December 31, 2021 | 20.80% |
September 30, 2021 | 20.03% |
June 30, 2021 | 21.75% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
20.03%
Minimum
Sep 2021
26.26%
Maximum
Jun 2022
23.48%
Average
24.03%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
C.H. Robinson Worldwide Inc | 6.08% |
Forward Air Corp | 28.25% |
Hub Group Inc | 21.72% |
Singularity Future Technology Ltd | -1.63% |
Radiant Logistics Inc | 18.83% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 0.68% |
Return on Assets | 0.21% |
Return on Invested Capital | 0.39% |
Profit Margin (Quarterly) | 0.20% |
Operating Margin (Quarterly) | 1.84% |
Return on Net Operating Assets | 0.22% |