“Net margin is calculated as Net Income divided by its Revenue. Xerox Holdings's Net Income for the three months ended in Sep. 2020 was $90 Mil. Xerox Holdings's Revenue for the three months ended in Sep. 2020 was $1,767 Mil. Therefore, Xerox Holdings's net margin for the quarter that ended in Sep. 2020 was 5.09%.“
As of end 2019, it was almost 15%.
Looks like there’s serious issue here!