Maersk reported a 59% increase in full-year profits in 2024 but continues to lag behind industry peers in financial returns, EBIT margin, and volume growth.
Although Maersk recorded its third-best annual performance in company history, its financial returns (based on annualized RoE and RoA) slipped ranked to seventh since 2002, hindered by excessive cash reserves and underperformance in its logistics business segment. Maersk is sitting on net cash of $7.6bn as at end of 2024, equivalent to abou