RXO Inc (RXO)
27.93
-0.26
(-0.92%)
USD |
NYSE |
Nov 01, 16:00
27.91
-0.02
(-0.07%)
After-Hours: 20:00
RXO Gross Profit Margin (Quarterly): 17.53% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 17.53% |
| March 31, 2024 | 15.88% |
| December 31, 2023 | 16.77% |
| September 30, 2023 | 16.29% |
| June 30, 2023 | 16.93% |
| March 31, 2023 | 17.03% |
| December 31, 2022 | 17.68% |
| Date | Value |
|---|---|
| September 30, 2022 | 17.75% |
| June 30, 2022 | 19.98% |
| March 31, 2022 | 16.39% |
| December 31, 2021 | 15.67% |
| September 30, 2021 | 14.19% |
| June 30, 2021 | 15.56% |
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
14.19%
Minimum
Sep 2021
19.98%
Maximum
Jun 2022
16.74%
Average
16.77%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| C.H. Robinson Worldwide Inc | 8.05% |
| Expeditors International of Washington Inc | 12.24% |
| Forward Air Corp | 12.01% |
| Hub Group Inc | 7.25% |
| Radiant Logistics Inc | 17.72% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -3.58% |
| Return on Assets | -1.13% |
| Return on Invested Capital | -2.12% |
| Profit Margin (Quarterly) | -0.75% |
| Operating Margin (Quarterly) | 0.97% |
| Return on Net Operating Assets | -1.20% |