Transportation & Logistics Systems (TLSS) Gross Margin (2017 - 2023)
Transportation & Logistics Systems (TLSS) posted quarterly Gross Margin of 32.05% for Q3 2023, up 476.0% year-over-year from 5.56% in Q3 2022, and up 24.56% on a QoQ basis from 25.73% in Q2 2023.
Transportation & Logistics Systems (TLSS) Gross Margin (2017 - 2023) Analysis & Trends
Transportation & Logistics Systems (TLSS) has reported Gross Margin for 7 consecutive years, with 32.05% the latest figure, recorded in Q3 2023.
- In Q3 2023, Gross Margin rose 476.0% year-over-year to 32.05%; the TTM figure through Sep 2023 stood at 32.88% (up 818.0% YoY), while the FY2022 annual figure was 32.64%, up 3105.0% from the prior year.
- Gross Margin came in at 32.05% for Q3 2023 at Transportation & Logistics Systems, 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.
- Across the five-year window, Gross Margin tumbled 3631 bps in 2021 and surged 5019 bps in 2022, its largest moves.
- Year by year, Gross Margin stood at 3.15% in 2019, then tumbled by 276 bps to 5.56% in 2020, then soared by 447 bps to 19.31% in 2021, then jumped by 112 bps to 40.95% in 2022, then fell by 22 bps to 32.05% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 32.05%, 25.73%, and 35.18% for Q3 2023, Q2 2023, and Q1 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Transportation & Logistics Systems | 0.00 | -15,835.00 | - | - |
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% |
| 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% |