GXO Logistics
GXO
$51.18
Share price
-0.49%
Change (1 day)
-3.80%
Change (1 year)
Operating Margin for GXO Logistics (GXO)
Operating Margin as of May 2024 (TTM): 3.16%
According to GXO Logistics's latest financial reports and stock price the company's current Operating Margin is 3.16%. At the end of 2022 the company had an Operating Margin of 2.94%.
Operating Margin history for GXO Logistics from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.94% | 52.35% |
| 2021 | 1.93% | -2089.58% |
| 2020 | -0.10% | -105% |
| 2019 | 1.94% | -6.79% |
| 2018 | 2.08% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.