Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GXO Logistics's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-46 Mil. GXO Logistics's Revenue for the
three
months ended in Mar. 2024 was $2,456 Mil. Therefore, GXO Logistics's pretax margin for the quarter that ended in Mar. 2024 was -1.87%.
The historical rank and industry rank for GXO Logistics's Pretax Margin % or its related term are showing as below:
GXO'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.1 Med: 2.01 Max: 2.94
Current: 1.93
GXO's Pretax Margin % is ranked worse than 74.69% of 972
companies
in the Transportation industry
Industry Median: 7.115
vs GXO: 1.93
GXO Logistics Pretax Margin % Historical Data
The historical data trend for GXO Logistics's Pretax Margin % 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.
Competitive Comparison of GXO Logistics's Pretax Margin %
For the Integrated Freight & Logistics subindustry, GXO Logistics's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
GXO Logistics's Pretax Margin % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, GXO Logistics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where GXO Logistics's Pretax Margin % falls into.
GXO Logistics Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
GXO Logistics's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
GXO Logistics Pretax Margin % Related Terms
Thank you for viewing the detailed overview of GXO Logistics's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
GXO Logistics (GXO Logistics) Business Description
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.
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