GXO Logistics
GXO
#2437
Rank
S$8.01 B
Marketcap
$67.09
Share price
-2.59%
Change (1 day)
-15.25%
Change (1 year)

Operating Margin for GXO Logistics (GXO)

Operating Margin as of September 2024 (TTM): 2.33%

According to GXO Logistics's latest financial reports and stock price the company's current Operating Margin is 2.33%. At the end of 2023 the company had an Operating Margin of 2.72%.

Operating Margin history for GXO Logistics from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.72%-7.33%
20222.94%52.35%
20211.93%-2089.58%
2020-0.10%-105%
20191.94%-6.79%
20182.08%

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.