Transportation & Logistics Systems (TLSS) Gross Margin (2017 - 2023)
Transportation & Logistics Systems' quarterly Gross Margin came in at 32.05% in Q3 2023, up 476.0% year-on-year from 5.56% in Q3 2022, and up 24.56% quarter-over-quarter from 25.73% in Q2 2023.
Transportation & Logistics Systems has reported Gross Margin for 7 years, with the latest figure at 32.05% in Q3 2023.
- For the quarter ending Q3 2023, Gross Margin rose 476.0% year-over-year to 32.05%; the trailing twelve-month figure through Sep 2023 stood at 32.88% (up 818.0% YoY), and the FY2022 full-year result was 32.64%, up 3105.0% from the prior year.
- Gross Margin for Q3 2023 stood at 32.05%, up from 25.73% in the prior quarter.
- The five-year high for Gross Margin was 40.95% in Q4 2022, with the low at 27.29% in Q1 2021.
- Average Gross Margin over 5 years is 14.99%, with a median of 18.24% recorded in 2020.
- Year-over-year, Gross Margin slumped 3631 bps in 2021 and jumped 5019 bps in 2022.
- Tracing TLSS's Gross Margin over 5 years: stood at 3.15% in 2019, then sank by 276 bps to 5.56% in 2020, then jumped by 447 bps to 19.31% in 2021, then surged by 112 bps to 40.95% in 2022, then dropped by 22 bps to 32.05% in 2023.
- The last three Gross Margin figures came in at 32.05% (Q3 2023), 25.73% (Q2 2023), and 35.18% (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 99.64% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 79.82% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 84.94% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 91.13% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 17.82% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 95.31% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 89.80% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 96.70% |
| 10 | Transportation & Logistics Systems | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 32.05% |
| Jun 30, 2023 | 25.73% |
| Mar 31, 2023 | 35.18% |
| Dec 31, 2022 | 40.95% |
| Sep 30, 2022 | 27.29% |
| Jun 30, 2022 | 27.84% |
| Mar 31, 2022 | 22.90% |
| Dec 31, 2021 | 19.31% |
| Sep 30, 2021 | 2.42% |
| Jun 30, 2021 | 14.54% |
| Mar 31, 2021 | -27.29% |
| Dec 31, 2020 | -5.56% |
| Sep 30, 2020 | 5.25% |
| Jun 30, 2020 | 18.24% |
| Mar 31, 2020 | 9.02% |
| Dec 31, 2019 | 3.15% |
| Sep 30, 2019 | 18.89% |
| Jun 30, 2019 | 7.14% |
| Mar 31, 2019 | 7.70% |
| Dec 31, 2018 | 8.80% |
| Sep 30, 2018 | 0.52% |
| Jun 30, 2018 | 14.50% |
| Mar 31, 2018 | 23.88% |
| Dec 31, 2017 | 23.51% |
| Sep 30, 2017 | 22.49% |
| Jun 30, 2017 | 27.06% |