XPO (XPO) Gross Profit : $770 Mil (TTM As of Dec. 2023)

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What is XPO Gross Profit?

XPO's gross profit for the three months ended in Dec. 2023 was $199 Mil. XPO's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $770 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. XPO's gross profit for the three months ended in Dec. 2023 was $199 Mil. XPO's Revenue for the three months ended in Dec. 2023 was $1,940 Mil. Therefore, XPO's Gross Margin % for the quarter that ended in Dec. 2023 was 10.26%.

XPO had a gross margin of 10.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of XPO was 16.19%. The lowest was 7.29%. And the median was 14.53%.

Warning Sign:

XPO Inc gross margin has been in long-term decline. The average rate of decline per year is -11.3%.

XPO Gross Profit Historical Data

The historical data trend for XPO's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XPO Gross Profit Chart

XPO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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1,669.00

932.00

525.00

730.00

770.00

XPO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															140.00	160.00	193.00	218.00	199.00

Competitive Comparison of XPO's Gross Profit

For the Trucking subindustry, XPO's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

XPO's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XPO's Gross Profit distribution charts can be found below:

* The bar in red indicates where XPO's Gross Profit falls into.

XPO Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

XPO's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	7744	-	6974
	=	770

XPO's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1940	-	1741
	=	199

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $770 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

XPO's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	199	/	1940
	=	10.26 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

XPO (NYSE:XPO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

XPO had a gross margin of 10.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

XPO Gross Profit Related Terms

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XPO (XPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (NYSE:XPO) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

XPO:Mexico UX2A:Germany

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.xpo.com

Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.

Executives

Mario A Harik	officer: Chief Information Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates	officer: Chief Operating Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity	officer: Chief Legal Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire	director	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley	director, officer: Chief Executive Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116