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GXO Logistics (GXO) Financials

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$34.73 +0.23 (+0.66%)
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Annual Income Statements for GXO Logistics

Annual Income Statements for GXO Logistics

This table shows GXO Logistics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
60 -31 153 197 229 134
Consolidated Net Income / (Loss)
81 -22 161 200 233 138
Net Income / (Loss) Continuing Operations
81 -22 161 200 233 138
Total Pre-Tax Income
118 -6.00 153 264 266 146
Total Operating Income
150 16 151 242 318 218
Total Gross Profit
6,094 6,195 7,940 8,993 9,778 11,709
Total Revenue
6,094 6,195 7,940 8,993 9,778 11,709
Operating Revenue
6,094 6,195 7,940 8,993 9,778 11,709
Total Cost of Revenue
0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses
5,944 6,179 7,789 8,751 9,460 11,491
Selling, General & Admin Expense
514 611 714 886 998 1,061
Depreciation Expense
302 323 335 329 361 415
Other Operating Expenses / (Income)
5,112 5,169 6,637 7,443 8,035 9,853
Restructuring Charge
16 76 103 93 66 103
Other Special Charges / (Income)
- - - 0.00 0.00 59
Total Other Income / (Expense), net
-32 -22 2.00 22 -52 -72
Interest Expense
33 24 21 29 53 103
Other Income / (Expense), net
1.00 2.00 23 51 1.00 31
Income Tax Expense
37 16 -8.00 64 33 8.00
Net Income / (Loss) Attributable to Noncontrolling Interest
21 9.00 8.00 3.00 4.00 4.00
Basic Earnings per Share
$0.52 ($0.27) $1.33 $1.68 $1.93 $1.12
Weighted Average Basic Shares Outstanding
114.63M 114.63M 114.63M 117.05M 118.91M 119.41M
Diluted Earnings per Share
$0.52 ($0.27) $1.32 $1.67 $1.92 $1.12
Weighted Average Diluted Shares Outstanding
114.63M 114.63M 115.60M 117.62M 119.49M 119.80M
Weighted Average Basic & Diluted Shares Outstanding
- - 114.72M 118.78M 119.26M 119.52M

Quarterly Income Statements for GXO Logistics

This table shows GXO Logistics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
63 46 25 65 66 73 -37 38 33 100
Consolidated Net Income / (Loss)
64 46 26 66 68 73 -36 39 35 100
Net Income / (Loss) Continuing Operations
64 46 26 66 68 73 -36 39 35 100
Total Pre-Tax Income
83 59 29 86 83 68 -46 53 42 97
Total Operating Income
72 74 42 99 90 87 -39 75 81 101
Total Gross Profit
2,287 2,467 2,323 2,394 2,471 2,590 2,456 2,846 3,157 3,250
Total Revenue
2,287 2,467 2,323 2,394 2,471 2,590 2,456 2,846 3,157 3,250
Operating Revenue
2,287 2,467 2,323 2,394 2,471 2,590 2,456 2,846 3,157 3,250
Total Operating Expenses
2,215 2,393 2,281 2,295 2,381 2,503 2,495 2,771 3,076 3,149
Selling, General & Admin Expense
227 249 258 245 258 237 249 270 265 277
Depreciation Expense
89 87 83 84 101 93 92 99 111 113
Other Operating Expenses / (Income)
1,885 2,035 1,906 1,957 2,012 2,160 2,056 2,389 2,671 2,737
Restructuring Charge
14 22 34 9.00 10 13 35 16 30 22
Total Other Income / (Expense), net
11 -15 -13 -13 -7.00 -19 -7.00 -22 -39 -4.00
Interest Expense
6.00 10 13 14 14 12 13 23 33 34
Other Income / (Expense), net
17 -5.00 0.00 1.00 7.00 -7.00 6.00 1.00 -6.00 30
Income Tax Expense
19 13 3.00 20 15 -5.00 -10 14 7.00 -3.00
Basic Earnings per Share
$0.53 $0.39 $0.21 $0.55 $0.55 $0.62 ($0.31) $0.32 $0.28 $0.83
Weighted Average Basic Shares Outstanding
118.62M 117.05M 118.78M 118.93M 118.94M 118.91M 119.27M 119.43M 119.46M 119.41M
Diluted Earnings per Share
$0.53 $0.38 $0.21 $0.54 $0.55 $0.62 ($0.31) $0.32 $0.28 $0.83
Weighted Average Diluted Shares Outstanding
119.07M 117.62M 119.23M 119.42M 119.65M 119.49M 119.27M 119.68M 119.79M 119.80M
Weighted Average Basic & Diluted Shares Outstanding
118.64M 118.78M 181.07M 118.94M 118.95M 119.26M 119.43M 119.47M 119.48M 119.52M

Annual Cash Flow Statements for GXO Logistics

This table details how cash moves in and out of GXO Logistics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-101 128 5.00 162 -25 15
Net Cash From Operating Activities
145 333 455 542 558 549
Net Cash From Continuing Operating Activities
145 333 455 542 558 549
Net Income / (Loss) Continuing Operations
81 -22 161 200 233 138
Consolidated Net Income / (Loss)
81 -22 161 200 233 138
Depreciation Expense
302 323 335 329 361 415
Non-Cash Adjustments To Reconcile Net Income
40 25 4.00 16 58 2.00
Changes in Operating Assets and Liabilities, net
-278 7.00 -45 -3.00 -94 -6.00
Net Cash From Investing Activities
-147 -280 -207 -1,149 -410 -1,157
Net Cash From Continuing Investing Activities
-147 -280 -207 -1,149 -410 -1,157
Purchase of Property, Plant & Equipment
-222 -222 -250 -342 -274 -359
Acquisitions
0.00 -30 32 -876 -149 -863
Purchase of Investments
- - 0.00 21 -3.00 4.00
Sale of Property, Plant & Equipment
15 12 11 40 18 61
Other Investing Activities, net
60 -40 0.00 8.00 -2.00 0.00
Net Cash From Financing Activities
-102 67 -241 787 -186 636
Net Cash From Continuing Financing Activities
-102 67 -241 787 -186 636
Repayment of Debt
-122 -80 -132 -114 -174 -446
Issuance of Debt
0.00 0.00 794 917 0.00 1,090
Other Financing Activities, net
278 168 -775 -16 -12 -8.00
Effect of Exchange Rate Changes
3.00 8.00 -2.00 -18 13 -13
Cash Interest Paid
29 32 22 34 57 97
Cash Income Taxes Paid
40 27 75 111 84 43

Quarterly Cash Flow Statements for GXO Logistics

This table details how cash moves in and out of GXO Logistics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
50 61 -69 -121 169 -4.00 -45 46 98 -84
Net Cash From Operating Activities
116 226 39 61 243 215 50 115 198 186
Net Cash From Continuing Operating Activities
116 226 39 61 243 215 50 115 198 186
Net Income / (Loss) Continuing Operations
64 46 26 66 68 73 -36 39 35 100
Consolidated Net Income / (Loss)
64 46 26 66 68 73 -36 39 35 100
Depreciation Expense
89 87 83 84 101 93 92 99 111 113
Non-Cash Adjustments To Reconcile Net Income
3.00 -4.00 11 17 13 17 22 7.00 -25 -2.00
Changes in Operating Assets and Liabilities, net
-40 97 -81 -106 61 32 -28 -30 77 -25
Net Cash From Investing Activities
-53 -93 -82 -58 -52 -218 -82 -932 -93 -50
Net Cash From Continuing Investing Activities
-53 -93 -82 -58 -52 -218 -82 -932 -93 -50
Purchase of Property, Plant & Equipment
-85 -103 -91 -59 -55 -69 -73 -88 -94 -104
Purchase of Investments
- - - - - -3.00 - - - 9.00
Sale of Property, Plant & Equipment
16 18 9.00 1.00 3.00 5.00 6.00 4.00 6.00 45
Net Cash From Financing Activities
-6.00 -76 -29 -126 -15 -16 -8.00 865 -28 -193
Net Cash From Continuing Financing Activities
-6.00 -76 -29 -126 -15 -16 -8.00 865 -28 -193
Repayment of Debt
-6.00 -91 -25 -124 -14 -11 -4.00 -217 -27 -198
Issuance of Debt
- 19 - - - - - - - 5.00
Effect of Exchange Rate Changes
-7.00 4.00 3.00 2.00 -7.00 15 -5.00 -2.00 21 -27

Annual Balance Sheets for GXO Logistics

This table presents GXO Logistics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
6,548 7,271 9,219 9,507 11,266
Total Current Assets
1,836 2,099 2,428 2,568 2,641
Cash & Equivalents
328 333 495 468 413
Accounts Receivable
1,224 1,507 1,647 1,753 1,799
Other Current Assets
284 259 286 347 429
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
4,712 5,172 6,791 6,939 8,625
Goodwill
2,063 2,017 2,728 2,891 3,549
Intangible Assets
299 257 570 567 986
Other Noncurrent Operating Assets
2,350 2,898 3,493 3,481 4,090
Total Liabilities & Shareholders' Equity
6,548 7,271 9,219 9,507 11,266
Total Liabilities
3,600 4,881 6,541 6,561 8,231
Total Current Liabilities
1,738 2,329 2,532 2,626 3,189
Short-Term Debt
58 34 67 27 110
Accounts Payable
415 624 717 709 776
Accrued Expenses
784 998 995 966 1,271
Other Current Liabilities
481 673 753 924 1,032
Total Noncurrent Liabilities
1,862 2,552 4,009 3,935 5,042
Long-Term Debt
615 927 1,739 1,620 2,521
Other Noncurrent Operating Liabilities
1,247 1,625 2,270 2,315 2,521
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
2,948 2,390 2,678 2,946 3,035
Total Preferred & Common Equity
2,823 2,351 2,645 2,912 3,003
Preferred Stock
- 0.00 0.00 0.00 0.00
Total Common Equity
2,823 2,351 2,645 2,912 3,003
Common Stock
- 2,355 2,576 2,599 2,630
Retained Earnings
- 126 323 552 686
Accumulated Other Comprehensive Income / (Loss)
58 -130 -254 -239 -313
Noncontrolling Interest
125 39 33 34 32

Quarterly Balance Sheets for GXO Logistics

This table presents GXO Logistics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
8,806 9,090 9,126 9,091 9,380 11,360 11,900
Total Current Assets
2,242 2,311 2,306 2,466 2,463 2,797 2,959
Cash & Equivalents
434 426 305 473 423 469 548
Accounts Receivable
1,507 1,605 1,719 1,661 1,665 1,909 1,968
Other Current Assets
301 280 282 332 375 419 443
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
6,564 6,779 6,820 6,625 6,917 8,563 8,941
Goodwill
2,603 2,765 2,802 2,734 2,870 3,664 3,676
Intangible Assets
576 555 544 507 542 942 1,061
Other Noncurrent Operating Assets
3,385 3,459 3,474 3,384 3,505 3,957 4,204
Total Liabilities & Shareholders' Equity
8,806 9,090 9,126 9,091 9,380 11,360 11,900
Total Liabilities
6,207 6,371 6,315 6,274 6,477 8,427 8,759
Total Current Liabilities
2,275 2,421 2,403 2,434 2,625 3,269 3,432
Short-Term Debt
94 84 35 26 126 219 223
Accounts Payable
568 652 566 597 615 690 748
Accrued Expenses
952 908 950 975 976 1,286 1,411
Other Current Liabilities
661 777 852 836 908 1,074 1,050
Total Noncurrent Liabilities
3,932 3,950 3,912 3,840 3,852 5,158 5,327
Long-Term Debt
1,789 1,697 1,625 1,621 1,511 2,551 2,556
Other Noncurrent Operating Liabilities
2,143 2,253 2,287 2,219 2,341 2,607 2,771
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
2,599 2,719 2,811 2,817 2,903 2,933 3,141
Total Preferred & Common Equity
2,569 2,685 2,778 2,784 2,869 2,901 3,106
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
2,569 2,685 2,778 2,784 2,869 2,901 3,106
Common Stock
2,570 2,581 2,588 2,594 2,603 2,611 2,621
Retained Earnings
277 348 413 479 515 553 586
Accumulated Other Comprehensive Income / (Loss)
-278 -244 -223 -289 -249 -263 -101
Noncontrolling Interest
30 34 33 33 34 32 35

Annual Metrics and Ratios for GXO Logistics

This table displays calculated financial ratios and metrics derived from GXO Logistics' official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - -
Revenue Growth
0.00% 1.66% 28.17% 13.26% 8.73% 19.75%
EBITDA Growth
0.00% -24.72% 49.27% 22.20% 9.32% -2.35%
EBIT Growth
0.00% -88.08% 866.67% 68.39% 8.87% -21.94%
NOPAT Growth
0.00% -89.12% 1,318.71% 15.38% 51.94% -26.03%
Net Income Growth
0.00% -127.16% 831.82% 24.22% 16.50% -40.77%
EPS Growth
0.00% -151.92% 588.89% 26.52% 14.97% -41.67%
Operating Cash Flow Growth
0.00% 129.66% 36.64% 19.12% 2.95% -1.61%
Free Cash Flow Firm Growth
0.00% 0.00% 113.22% -281.53% 118.10% -746.76%
Invested Capital Growth
0.00% 0.00% -8.35% 32.17% 3.41% 27.35%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 2.33% 1.27% 5.97%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.81% 2.56% 11.97%
EBIT Q/Q Growth
0.00% 0.00% 0.00% -2.01% 3.57% 25.76%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 3.44% 13.94% 6.47%
Net Income Q/Q Growth
0.00% 0.00% 0.00% -5.21% 13.11% 24.32%
EPS Q/Q Growth
0.00% 0.00% 0.00% -5.65% 14.29% 23.08%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 90.38% 4.23% -1.93% -5.02%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% -52.72% 22.36%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% -1.46% 3.36% -2.22%
Profitability Metrics
- - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
7.43% 5.50% 6.41% 6.92% 6.95% 5.67%
Operating Margin
2.46% 0.26% 1.90% 2.69% 3.25% 1.86%
EBIT Margin
2.48% 0.29% 2.19% 3.26% 3.26% 2.13%
Profit (Net Income) Margin
1.33% -0.36% 2.03% 2.22% 2.38% 1.18%
Tax Burden Percent
68.64% 366.67% 105.23% 75.76% 87.59% 94.52%
Interest Burden Percent
78.15% -33.33% 87.93% 90.10% 83.39% 58.63%
Effective Tax Rate
31.36% 0.00% -5.23% 24.24% 12.41% 5.48%
Return on Invested Capital (ROIC)
0.00% 0.68% 5.04% 5.23% 6.87% 4.39%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -18.57% 5.47% 6.95% 3.21% 0.39%
Return on Net Nonoperating Assets (RNNOA)
0.00% -2.17% 1.00% 2.66% 1.42% 0.22%
Return on Equity (ROE)
0.00% -1.49% 6.03% 7.89% 8.29% 4.61%
Cash Return on Invested Capital (CROIC)
0.00% -199.32% 13.75% -22.48% 3.51% -19.66%
Operating Return on Assets (OROA)
0.00% 0.27% 2.52% 3.55% 3.41% 2.40%
Return on Assets (ROA)
0.00% -0.34% 2.33% 2.43% 2.49% 1.33%
Return on Common Equity (ROCE)
0.00% -1.43% 5.85% 7.78% 8.19% 4.56%
Return on Equity Simple (ROE_SIMPLE)
0.00% -0.78% 6.85% 7.56% 8.00% 4.60%
Net Operating Profit after Tax (NOPAT)
103 11 159 183 279 206
NOPAT Margin
1.69% 0.18% 2.00% 2.04% 2.85% 1.76%
Net Nonoperating Expense Percent (NNEP)
0.00% 19.25% -0.43% -1.72% 3.66% 4.01%
Return On Investment Capital (ROIC_SIMPLE)
- - - 4.09% 6.06% 3.64%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
8.43% 9.86% 8.99% 9.85% 10.21% 9.06%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
97.54% 99.74% 98.10% 97.31% 96.75% 98.14%
Earnings before Interest and Taxes (EBIT)
151 18 174 293 319 249
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
453 341 509 622 680 664
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 4.43 1.91 2.50 1.73
Price to Tangible Book Value (P/TBV)
0.00 0.00 135.23 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 1.31 0.56 0.74 0.44
Price to Earnings (P/E)
0.00 0.00 68.06 25.71 31.77 38.79
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 1.47% 3.89% 3.15% 2.58%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 3.67 1.61 2.06 1.42
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 1.40 0.71 0.87 0.64
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 21.77 10.30 12.48 11.22
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 63.68 21.87 26.61 29.91
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 69.73 34.96 30.47 36.14
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 24.35 11.82 15.21 13.57
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 25.54 0.00 59.55 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.23 0.40 0.67 0.56 0.87
Long-Term Debt to Equity
0.00 0.21 0.39 0.65 0.55 0.83
Financial Leverage
0.00 0.12 0.18 0.38 0.44 0.57
Leverage Ratio
0.00 2.22 2.59 3.25 3.33 3.47
Compound Leverage Factor
0.00 -0.74 2.28 2.93 2.78 2.04
Debt to Total Capital
0.00% 18.59% 28.68% 40.28% 35.86% 46.43%
Short-Term Debt to Total Capital
0.00% 1.60% 1.01% 1.49% 0.59% 1.94%
Long-Term Debt to Total Capital
0.00% 16.98% 27.66% 38.78% 35.27% 44.49%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 3.45% 1.16% 0.74% 0.74% 0.56%
Common Equity to Total Capital
0.00% 77.96% 70.16% 58.99% 63.40% 53.00%
Debt to EBITDA
0.00 1.97 1.89 2.90 2.42 3.96
Net Debt to EBITDA
0.00 1.01 1.23 2.11 1.73 3.34
Long-Term Debt to EBITDA
0.00 1.80 1.82 2.80 2.38 3.80
Debt to NOPAT
0.00 60.09 6.05 9.85 5.91 12.77
Net Debt to NOPAT
0.00 30.80 3.95 7.15 4.23 10.76
Long-Term Debt to NOPAT
0.00 54.91 5.83 9.49 5.82 12.23
Altman Z-Score
0.00 0.00 2.44 1.58 1.88 1.52
Noncontrolling Interest Sharing Ratio
0.00% 4.24% 3.07% 1.42% 1.19% 1.10%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 1.06 0.90 0.96 0.98 0.83
Quick Ratio
0.00 0.89 0.79 0.85 0.85 0.69
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -3,282 434 -788 143 -922
Operating Cash Flow to CapEx
70.05% 158.57% 190.38% 179.47% 217.97% 184.23%
Free Cash Flow to Firm to Interest Expense
0.00 -136.74 20.66 -27.16 2.69 -8.95
Operating Cash Flow to Interest Expense
4.39 13.88 21.67 18.69 10.53 5.33
Operating Cash Flow Less CapEx to Interest Expense
-1.88 5.13 10.29 8.28 5.70 2.44
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.95 1.15 1.09 1.04 1.13
Accounts Receivable Turnover
0.00 5.06 5.81 5.70 5.75 6.59
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 72.12 62.77 64.01 63.46 55.36
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 72.12 62.77 64.01 63.46 55.36
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 3,293 3,018 3,989 4,125 5,253
Invested Capital Turnover
0.00 3.76 2.52 2.57 2.41 2.50
Increase / (Decrease) in Invested Capital
0.00 3,293 -275 971 136 1,128
Enterprise Value (EV)
0.00 0.00 11,080 6,409 8,488 7,447
Market Capitalization
0.00 0.00 10,413 5,065 7,275 5,197
Book Value per Share
$0.00 $24.63 $20.51 $22.29 $24.48 $25.13
Tangible Book Value per Share
$0.00 $4.02 $0.67 ($5.50) ($4.59) ($12.82)
Total Capital
0.00 3,621 3,351 4,484 4,593 5,666
Total Debt
0.00 673 961 1,806 1,647 2,631
Total Long-Term Debt
0.00 615 927 1,739 1,620 2,521
Net Debt
0.00 345 628 1,311 1,179 2,218
Capital Expenditures (CapEx)
207 210 239 302 256 298
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -172 -529 -532 -499 -851
Debt-free Net Working Capital (DFNWC)
0.00 156 -196 -37 -31 -438
Net Working Capital (NWC)
0.00 98 -230 -104 -58 -548
Net Nonoperating Expense (NNE)
22 33 -2.10 -17 46 68
Net Nonoperating Obligations (NNO)
0.00 345 628 1,311 1,179 2,218
Total Depreciation and Amortization (D&A)
302 323 335 329 361 415
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -2.78% -6.66% -5.92% -5.10% -7.27%
Debt-free Net Working Capital to Revenue
0.00% 2.52% -2.47% -0.41% -0.32% -3.74%
Net Working Capital to Revenue
0.00% 1.58% -2.90% -1.16% -0.59% -4.68%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $1.33 $1.68 $1.93 $1.12
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 114.63M 117.05M 118.91M 119.41M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $1.32 $1.67 $1.92 $1.12
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 115.60M 117.62M 119.49M 119.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 114.72M 118.78M 119.26M 119.52M
Normalized Net Operating Profit after Tax (NOPAT)
114 64 178 254 336 359
Normalized NOPAT Margin
1.87% 1.04% 2.24% 2.82% 3.44% 3.07%
Pre Tax Income Margin
1.94% -0.10% 1.93% 2.94% 2.72% 1.25%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
4.58 0.75 8.29 10.10 6.02 2.42
NOPAT to Interest Expense
3.12 0.47 7.57 6.32 5.26 2.00
EBIT Less CapEx to Interest Expense
-1.70 -8.00 -3.10 -0.31 1.19 -0.48
NOPAT Less CapEx to Interest Expense
-3.15 -8.28 -3.81 -4.09 0.43 -0.89
Payout Ratios
- - - - - -
Dividend Payout Ratio
318.52% -95.45% 79.50% 0.00% 0.00% 0.00%
Augmented Payout Ratio
318.52% -95.45% 79.50% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for GXO Logistics

This table displays calculated financial ratios and metrics derived from GXO Logistics' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
15.86% 9.06% 11.52% 11.04% 8.05% 4.99% 5.73% 18.88% 27.76% 25.48%
EBITDA Growth
34.85% 3.31% -3.10% 15.72% 11.24% 10.90% -52.80% -4.89% -6.06% 41.04%
EBIT Growth
89.36% -8.00% -20.75% 21.95% 8.99% 15.94% -178.57% -24.00% -22.68% 63.75%
NOPAT Growth
-11.27% 12.47% 31.23% 80.78% 32.81% 61.88% -172.50% -27.36% -8.46% 11.49%
Net Income Growth
-12.33% -19.30% -31.58% 26.92% 6.25% 58.70% -238.46% -40.91% -48.53% 36.99%
EPS Growth
-14.52% -20.83% -34.38% 22.73% 3.77% 63.16% -247.62% -40.74% -49.09% 33.87%
Operating Cash Flow Growth
10.48% 10.78% -15.22% -60.39% 109.48% -4.87% 28.21% 88.52% -18.52% -13.49%
Free Cash Flow Firm Growth
67.83% 0.00% 65.21% 96.56% 113.67% 95.34% 93.20% -3,514.18% -1,104.70% -2,303.30%
Invested Capital Growth
33.33% 32.17% 35.71% 2.56% -1.41% 3.41% 1.06% 25.64% 34.60% 27.35%
Revenue Q/Q Growth
6.08% 7.87% -5.84% 3.06% 3.22% 4.82% -5.17% 15.88% 10.93% 2.95%
EBITDA Q/Q Growth
11.95% -12.36% -19.87% 47.20% 7.61% -12.63% -65.90% 196.61% 6.29% 31.18%
EBIT Q/Q Growth
8.54% -22.47% -39.13% 138.10% -3.00% -17.53% -141.25% 330.30% -1.32% 74.67%
NOPAT Q/Q Growth
32.10% 3.92% -34.73% 101.77% -2.95% 26.67% -129.23% 302.16% 22.31% 54.26%
Net Income Q/Q Growth
23.08% -28.13% -43.48% 153.85% 3.03% 7.35% -149.32% 208.33% -10.26% 185.71%
EPS Q/Q Growth
20.45% -28.30% -44.74% 157.14% 1.85% 12.73% -150.00% 203.23% -12.50% 196.43%
Operating Cash Flow Q/Q Growth
-24.68% 94.83% -82.74% 56.41% 298.36% -11.52% -76.74% 130.00% 72.17% -6.06%
Free Cash Flow Firm Q/Q Growth
-17.51% 4.51% -13.25% 97.29% 566.52% -132.59% -65.01% -1,340.70% -29.69% 22.05%
Invested Capital Q/Q Growth
-0.34% -1.46% 2.13% 2.26% -4.20% 3.36% -0.19% 27.13% 2.64% -2.22%
Profitability Metrics
- - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
7.78% 6.32% 5.38% 7.69% 8.01% 6.68% 2.40% 6.15% 5.89% 7.51%
Operating Margin
3.15% 3.00% 1.81% 4.14% 3.64% 3.36% -1.59% 2.64% 2.57% 3.11%
EBIT Margin
3.89% 2.80% 1.81% 4.18% 3.93% 3.09% -1.34% 2.67% 2.38% 4.03%
Profit (Net Income) Margin
2.80% 1.86% 1.12% 2.76% 2.75% 2.82% -1.47% 1.37% 1.11% 3.08%
Tax Burden Percent
77.11% 77.97% 89.66% 76.74% 81.93% 107.35% 78.26% 73.58% 83.33% 103.09%
Interest Burden Percent
93.26% 85.51% 69.05% 86.00% 85.57% 85.00% 139.39% 69.74% 56.00% 74.05%
Effective Tax Rate
22.89% 22.03% 10.34% 23.26% 18.07% -7.35% 0.00% 26.42% 16.67% -3.09%
Return on Invested Capital (ROIC)
6.02% 6.00% 4.23% 7.31% 7.17% 8.69% -2.69% 4.28% 5.05% 8.00%
ROIC Less NNEP Spread (ROIC-NNEP)
6.81% 4.80% 3.05% 6.61% 6.73% 7.05% -3.37% 3.39% 3.14% 7.76%
Return on Net Nonoperating Assets (RNNOA)
2.96% 1.84% 1.19% 3.51% 3.26% 3.12% -1.54% 2.16% 1.79% 4.41%
Return on Equity (ROE)
8.99% 7.84% 5.42% 10.82% 10.43% 11.81% -4.23% 6.43% 6.84% 12.41%
Cash Return on Invested Capital (CROIC)
0.00% -22.48% -24.92% 2.96% 7.50% 3.51% 4.13% -18.59% -25.37% -19.66%
Operating Return on Assets (OROA)
4.29% 3.05% 2.06% 4.44% 4.24% 3.23% -1.44% 2.70% 2.50% 4.54%
Return on Assets (ROA)
3.09% 2.03% 1.27% 2.93% 2.97% 2.94% -1.57% 1.39% 1.17% 3.47%
Return on Common Equity (ROCE)
8.86% 7.73% 5.35% 10.69% 10.31% 11.67% -4.18% 6.36% 6.76% 12.27%
Return on Equity Simple (ROE_SIMPLE)
8.21% 0.00% 7.00% 7.27% 7.40% 0.00% 5.96% 4.96% 3.57% 0.00%
Net Operating Profit after Tax (NOPAT)
56 58 38 76 74 93 -27 55 68 104
NOPAT Margin
2.43% 2.34% 1.62% 3.17% 2.98% 3.61% -1.11% 1.94% 2.14% 3.20%
Net Nonoperating Expense Percent (NNEP)
-0.79% 1.21% 1.18% 0.70% 0.44% 1.64% 0.68% 0.89% 1.91% 0.24%
Return On Investment Capital (ROIC_SIMPLE)
- 1.29% - - - 2.03% - - - 1.84%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
9.93% 10.09% 11.11% 10.23% 10.44% 9.15% 10.14% 9.49% 8.39% 8.52%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
96.85% 97.00% 98.19% 95.86% 96.36% 96.64% 101.59% 97.36% 97.43% 96.89%
Earnings before Interest and Taxes (EBIT)
89 69 42 100 97 80 -33 76 75 131
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
178 156 125 184 198 173 59 175 186 244
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.62 1.91 2.23 4.09 2.51 2.50 2.23 2.08 2.00 1.73
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.47 0.56 0.65 1.20 0.72 0.74 0.65 0.58 0.56 0.44
Price to Earnings (P/E)
20.09 25.71 32.40 57.16 34.53 31.77 38.29 43.08 58.14 38.79
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
4.98% 3.89% 3.09% 1.75% 2.90% 3.15% 2.61% 2.32% 1.72% 2.58%
Enterprise Value to Invested Capital (EV/IC)
1.39 1.61 1.81 3.06 2.05 2.06 1.86 1.60 1.58 1.42
Enterprise Value to Revenue (EV/Rev)
0.64 0.71 0.80 1.35 0.85 0.87 0.77 0.81 0.77 0.64
Enterprise Value to EBITDA (EV/EBITDA)
9.14 10.30 11.95 19.85 12.34 12.48 12.45 13.83 14.31 11.22
Enterprise Value to EBIT (EV/EBIT)
18.86 21.87 26.18 42.54 26.57 26.61 31.32 38.02 42.86 29.91
Enterprise Value to NOPAT (EV/NOPAT)
31.81 34.96 38.79 56.58 33.47 30.47 36.02 43.09 43.85 36.14
Enterprise Value to Operating Cash Flow (EV/OCF)
10.84 11.82 13.80 28.88 14.38 15.21 13.43 13.43 14.68 13.57
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 104.98 27.14 59.55 45.18 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.72 0.67 0.66 0.59 0.58 0.56 0.56 0.94 0.88 0.87
Long-Term Debt to Equity
0.69 0.65 0.62 0.58 0.58 0.55 0.52 0.87 0.81 0.83
Financial Leverage
0.44 0.38 0.39 0.53 0.48 0.44 0.46 0.64 0.57 0.57
Leverage Ratio
3.23 3.25 3.18 3.32 3.30 3.33 3.29 3.57 3.52 3.47
Compound Leverage Factor
3.01 2.78 2.20 2.85 2.83 2.83 4.58 2.49 1.97 2.57
Debt to Total Capital
42.01% 40.28% 39.58% 37.13% 36.90% 35.86% 36.06% 48.57% 46.94% 46.43%
Short-Term Debt to Total Capital
2.10% 1.49% 1.87% 0.78% 0.58% 0.59% 2.78% 3.84% 3.77% 1.94%
Long-Term Debt to Total Capital
39.92% 38.78% 37.71% 36.35% 36.31% 35.27% 33.28% 44.73% 43.18% 44.49%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.67% 0.74% 0.76% 0.74% 0.74% 0.74% 0.75% 0.56% 0.59% 0.56%
Common Equity to Total Capital
57.32% 58.99% 59.67% 62.13% 62.37% 63.40% 63.19% 50.87% 52.47% 53.00%
Debt to EBITDA
3.05 2.90 2.88 2.58 2.48 2.42 2.67 4.58 4.69 3.96
Net Debt to EBITDA
2.35 2.11 2.19 2.11 1.77 1.73 1.98 3.80 3.76 3.34
Long-Term Debt to EBITDA
2.90 2.80 2.75 2.53 2.44 2.38 2.46 4.22 4.31 3.80
Debt to NOPAT
10.62 9.85 9.36 7.36 6.74 5.91 7.72 14.27 14.36 12.77
Net Debt to NOPAT
8.18 7.15 7.12 6.01 4.80 4.23 5.72 11.85 11.53 10.76
Long-Term Debt to NOPAT
10.09 9.49 8.92 7.20 6.63 5.82 7.12 13.14 13.21 12.23
Altman Z-Score
1.47 1.50 1.63 2.21 1.84 1.80 1.69 1.38 1.40 1.48
Noncontrolling Interest Sharing Ratio
1.44% 1.42% 1.33% 1.19% 1.16% 1.19% 1.21% 1.13% 1.14% 1.10%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.99 0.96 0.95 0.96 1.01 0.98 0.94 0.86 0.86 0.83
Quick Ratio
0.85 0.85 0.84 0.84 0.88 0.85 0.80 0.73 0.73 0.69
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-956 -913 -1,034 -28 131 -43 -70 -1,013 -1,314 -1,024
Operating Cash Flow to CapEx
168.12% 265.88% 47.56% 105.17% 467.31% 335.94% 74.63% 136.90% 225.00% 315.25%
Free Cash Flow to Firm to Interest Expense
-159.41 -91.33 -79.57 -2.00 9.34 -3.55 -5.41 -44.04 -39.80 -30.11
Operating Cash Flow to Interest Expense
19.33 22.60 3.00 4.36 17.36 17.92 3.85 5.00 6.00 5.47
Operating Cash Flow Less CapEx to Interest Expense
7.83 14.10 -3.31 0.21 13.64 12.58 -1.31 1.35 3.33 3.74
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.10 1.09 1.14 1.06 1.08 1.04 1.07 1.01 1.05 1.13
Accounts Receivable Turnover
6.06 5.70 5.96 5.78 6.10 5.75 6.06 5.71 6.09 6.59
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
60.18 64.01 61.22 63.18 59.88 63.46 60.21 63.89 59.94 55.36
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
60.18 64.01 61.22 63.18 59.88 63.46 60.21 63.89 59.94 55.36
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
4,048 3,989 4,074 4,166 3,991 4,125 4,117 5,234 5,372 5,253
Invested Capital Turnover
2.48 2.57 2.61 2.30 2.40 2.41 2.42 2.20 2.36 2.50
Increase / (Decrease) in Invested Capital
1,012 971 1,072 104 -57 136 43 1,068 1,381 1,128
Enterprise Value (EV)
5,638 6,409 7,382 12,763 8,183 8,488 7,643 8,364 8,487 7,447
Market Capitalization
4,159 5,065 5,993 11,375 6,976 7,275 6,395 6,031 6,221 5,197
Book Value per Share
$21.66 $22.29 $22.61 $15.34 $23.41 $24.48 $24.05 $24.29 $26.00 $25.13
Tangible Book Value per Share
($5.14) ($5.50) ($5.35) ($3.14) ($3.84) ($4.59) ($4.55) ($14.28) ($13.65) ($12.82)
Total Capital
4,482 4,484 4,500 4,471 4,464 4,593 4,540 5,703 5,920 5,666
Total Debt
1,883 1,806 1,781 1,660 1,647 1,647 1,637 2,770 2,779 2,631
Total Long-Term Debt
1,789 1,739 1,697 1,625 1,621 1,620 1,511 2,551 2,556 2,521
Net Debt
1,449 1,311 1,355 1,355 1,174 1,179 1,214 2,301 2,231 2,218
Capital Expenditures (CapEx)
69 85 82 58 52 64 67 84 88 59
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-373 -532 -452 -367 -415 -499 -459 -722 -798 -851
Debt-free Net Working Capital (DFNWC)
61 -37 -26 -62 58 -31 -36 -253 -250 -438
Net Working Capital (NWC)
-33 -104 -110 -97 32 -58 -162 -472 -473 -548
Net Nonoperating Expense (NNE)
-8.48 12 12 9.98 5.73 20 8.70 16 33 4.12
Net Nonoperating Obligations (NNO)
1,449 1,311 1,355 1,355 1,174 1,179 1,214 2,301 2,231 2,218
Total Depreciation and Amortization (D&A)
89 87 83 84 101 93 92 99 111 113
Debt-free, Cash-free Net Working Capital to Revenue
-4.24% -5.92% -4.90% -3.88% -4.30% -5.10% -4.63% -6.97% -7.22% -7.27%
Debt-free Net Working Capital to Revenue
0.69% -0.41% -0.28% -0.65% 0.60% -0.32% -0.36% -2.44% -2.26% -3.74%
Net Working Capital to Revenue
-0.38% -1.16% -1.19% -1.02% 0.33% -0.59% -1.63% -4.55% -4.28% -4.68%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.53 $0.39 $0.21 $0.55 $0.55 $0.62 ($0.31) $0.32 $0.28 $0.83
Adjusted Weighted Average Basic Shares Outstanding
118.62M 117.05M 118.78M 118.93M 118.94M 118.91M 119.27M 119.43M 119.46M 119.41M
Adjusted Diluted Earnings per Share
$0.53 $0.38 $0.21 $0.54 $0.55 $0.62 ($0.31) $0.32 $0.28 $0.83
Adjusted Weighted Average Diluted Shares Outstanding
119.07M 117.62M 119.23M 119.42M 119.65M 119.49M 119.27M 119.68M 119.79M 119.80M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
118.64M 118.78M 181.07M 118.94M 118.95M 119.26M 119.43M 119.47M 119.48M 119.52M
Normalized Net Operating Profit after Tax (NOPAT)
66 75 68 83 82 70 41 65 92 86
Normalized NOPAT Margin
2.90% 3.03% 2.93% 3.46% 3.32% 2.70% 1.68% 2.28% 2.90% 2.65%
Pre Tax Income Margin
3.63% 2.39% 1.25% 3.59% 3.36% 2.63% -1.87% 1.86% 1.33% 2.98%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
14.83 6.90 3.23 7.14 6.93 6.67 -2.54 3.30 2.27 3.85
NOPAT to Interest Expense
9.25 5.77 2.90 5.43 5.27 7.78 -2.10 2.40 2.05 3.06
EBIT Less CapEx to Interest Expense
3.33 -1.60 -3.08 3.00 3.21 1.33 -7.69 -0.35 -0.39 2.12
NOPAT Less CapEx to Interest Expense
-2.25 -2.73 -3.41 1.28 1.55 2.45 -7.25 -1.25 -0.62 1.33
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About GXO Logistics' Financials

When does GXO Logistics's financial year end?

According to the most recent income statement we have on file, GXO Logistics' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has GXO Logistics' net income changed over the last 5 years?

GXO Logistics' net income appears to be on an upward trend, with a most recent value of $138 million in 2024, rising from $81 million in 2019. The previous period was $233 million in 2023.

What is GXO Logistics's operating income?
GXO Logistics's total operating income in 2024 was $218 million, based on the following breakdown:
  • Total Gross Profit: $11.71 billion
  • Total Operating Expenses: $11.49 billion
How has GXO Logistics revenue changed over the last 5 years?

Over the last 5 years, GXO Logistics' total revenue changed from $6.09 billion in 2019 to $11.71 billion in 2024, a change of 92.1%.

How much debt does GXO Logistics have?

GXO Logistics' total liabilities were at $8.23 billion at the end of 2024, a 25.5% increase from 2023, and a 128.6% increase since 2020.

How much cash does GXO Logistics have?

In the past 4 years, GXO Logistics' cash and equivalents has ranged from $328 million in 2020 to $495 million in 2022, and is currently $413 million as of their latest financial filing in 2024.

How has GXO Logistics' book value per share changed over the last 5 years?

Over the last 5 years, GXO Logistics' book value per share changed from 0.00 in 2019 to 25.13 in 2024, a change of 2,513.3%.

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This page (NYSE:GXO) was last updated on 4/15/2025 by MarketBeat.com Staff
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