Gxo Logistics Incorporated Financials
Gxo Logistics Incorporated (GXO) reported $13.2B in revenue for fiscal year 2025, up 12.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
GXO is adding revenue faster than earnings because thin operating margins and rising financing costs absorb most of the scale benefit.
Across recent years, operating margin fell from3.3% to1.9% even as revenue kept expanding. At the same time, interest expense jumped from$53M to$133M , which helps explain why extra volume produced little additional bottom-line profit.
Cash conversion is better than profit suggests: operating cash flow of
The balance sheet is getting more debt-funded, with debt-to-equity rising from 0.6x to 0.9x. Meanwhile the current ratio stayed below 1.0x, so the business appears to run with tight short-term liquidity and relies on routine liability turnover rather than a large working-capital cushion.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gxo Logistics Incorporated's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gxo Logistics Incorporated has an operating margin of 1.9%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 53/100, indicating healthy but not exceptional operating efficiency. This is unchanged from the prior year.
Gxo Logistics Incorporated's revenue grew 12.5% year-over-year to $13.2B, a solid pace of expansion. This earns a growth score of 77/100.
Gxo Logistics Incorporated has elevated debt relative to equity (D/E of 0.88), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.
Gxo Logistics Incorporated's current ratio of 0.85 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Gxo Logistics Incorporated generated $434.0M in operating cash flow, capex of $324.0M consumed most of it, leaving $110.0M in free cash flow. This results in a low score of 34/100, reflecting heavy capital investment rather than weak cash generation.
Gxo Logistics Incorporated's ROE of 1.2% shows moderate profitability relative to equity, earning a score of 56/100. This is down from 4.6% the prior year.
Gxo Logistics Incorporated scores 1.50, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Gxo Logistics Incorporated passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Gxo Logistics Incorporated generates $12.06 in operating cash flow ($434.0M OCF vs $36.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Gxo Logistics Incorporated earns $1.84 in operating income for every $1 of interest expense ($245.0M vs $133.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Gxo Logistics Incorporated generated $13.2B in revenue in fiscal year 2025. This represents an increase of 12.5% from the prior year.
Gxo Logistics Incorporated's EBITDA was $702.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.9% from the prior year.
Gxo Logistics Incorporated reported $36.0M in net income in fiscal year 2025. This represents a decrease of 73.9% from the prior year.
Gxo Logistics Incorporated earned $0.28 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 75.0% from the prior year.
Cash & Balance Sheet
Gxo Logistics Incorporated generated $110.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 42.1% from the prior year.
Gxo Logistics Incorporated held $854.0M in cash against $2.6B in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Gxo Logistics Incorporated's operating margin was 1.9% in fiscal year 2025, reflecting core business profitability. That is unchanged from the prior year.
Gxo Logistics Incorporated's net profit margin was 0.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.
Gxo Logistics Incorporated's ROE was 1.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Gxo Logistics Incorporated spent $200.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Gxo Logistics Incorporated invested $324.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 9.7% from the prior year.
Not reported for fiscal year 2025.
GXO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.6B | $13.2B+12.5% | $11.7B+19.7% | $9.8B+8.7% | $9.0B+13.3% | $7.9B+28.2% | $6.2B+1.7% | $6.1B |
| SG&A Expenses | $1.2B | $1.1B+4.2% | $1.1B+6.3% | $998.0M+12.6% | $886.0M+24.1% | $714.0M+16.9% | $611.0M+18.9% | $514.0M |
| Operating Income | $328.0M | $245.0M+12.4% | $218.0M-31.4% | $318.0M+31.4% | $242.0M+60.3% | $151.0M+843.8% | $16.0M-89.3% | $150.0M |
| Interest Expense | $132.0M | $133.0M+29.1% | $103.0M+94.3% | $53.0M+82.8% | $29.0M+38.1% | $21.0M-12.5% | $24.0M-27.3% | $33.0M |
| Income Tax | $84.0M | $68.0M+750.0% | $8.0M-75.8% | $33.0M-48.4% | $64.0M+900.0% | -$8.0M-150.0% | $16.0M-56.8% | $37.0M |
| Net Income | $135.0M | $36.0M-73.9% | $138.0M-40.8% | $233.0M+16.5% | $200.0M+24.2% | $161.0M+619.4% | -$31.0M-151.7% | $60.0M |
| EPS (Diluted) | — | $0.28-75.0% | $1.12-41.7% | $1.92+15.0% | $1.67+26.5% | $1.32+588.9% | -$0.27-151.9% | $0.52 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GXO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $12.3B+8.8% | $11.3B+18.5% | $9.5B+3.1% | $9.2B+26.8% | $7.3B+11.0% | $6.5B | N/A |
| Current Assets | $3.3B+24.5% | $2.6B+2.8% | $2.6B+5.8% | $2.4B+15.7% | $2.1B+14.3% | $1.8B | N/A |
| Cash & Equivalents | $854.0M+106.8% | $413.0M-11.8% | $468.0M-5.5% | $495.0M+48.6% | $333.0M+1.5% | $328.0M+64.0% | $200.0M |
| Accounts Receivable | $2.0B+12.7% | $1.8B+2.6% | $1.8B+6.4% | $1.6B+9.3% | $1.5B+23.1% | $1.2B | N/A |
| Goodwill | $3.8B+6.5% | $3.5B+22.8% | $2.9B+6.0% | $2.7B+35.3% | $2.0B-2.2% | $2.1B+4.0% | $2.0B |
| Total Liabilities | $9.3B+12.3% | $8.3B+25.3% | $6.6B+0.3% | $6.6B+33.6% | $4.9B+32.1% | $3.7B | N/A |
| Current Liabilities | $3.9B+21.5% | $3.2B+21.4% | $2.6B+3.7% | $2.5B+8.7% | $2.3B+34.0% | $1.7B | N/A |
| Long-Term Debt | $2.6B+3.9% | $2.5B+55.6% | $1.6B-6.8% | $1.7B+87.6% | $927.0M+50.7% | $615.0M | N/A |
| Total Equity | $3.0B-0.7% | $3.0B+3.1% | $2.9B+10.1% | $2.6B+12.5% | $2.4B-16.7% | $2.8B+4.7% | $2.7B |
| Retained Earnings | $718.0M+4.7% | $686.0M+24.3% | $552.0M+70.9% | $323.0M+156.3% | $126.0M | $0 | N/A |
Not reported in any period shown, so not listed: Inventory.
GXO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $509.0M | $434.0M-20.9% | $549.0M-1.6% | $558.0M+3.0% | $542.0M+19.1% | $455.0M+36.6% | $333.0M+129.7% | $145.0M |
| Capital Expenditures | $329.0M | $324.0M-9.7% | $359.0M+31.0% | $274.0M-19.9% | $342.0M+36.8% | $250.0M+12.6% | $222.0M0.0% | $222.0M |
| Free Cash Flow | $180.0M | $110.0M-42.1% | $190.0M-33.1% | $284.0M+42.0% | $200.0M-2.4% | $205.0M+84.7% | $111.0M+244.2% | -$77.0M |
| Investing Cash Flow | -$199.0M | -$196.0M+83.1% | -$1.2B-182.2% | -$410.0M+64.3% | -$1.1B-455.1% | -$207.0M+26.1% | -$280.0M-90.5% | -$147.0M |
| Financing Cash Flow | $276.0M | $111.0M-82.5% | $636.0M+441.9% | -$186.0M-123.6% | $787.0M+426.6% | -$241.0M-459.7% | $67.0M+165.7% | -$102.0M |
| Share Buybacks | $18.0M | $200.0M | $0 | $0 | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GXO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Operating Margin | 1.9%0.0pp | 1.9%-1.4pp | 3.3%+0.6pp | 2.7%+0.8pp | 1.9%+1.6pp | 0.3%-2.2pp | 2.5% |
| Net Margin | 0.3%-0.9pp | 1.2%-1.2pp | 2.4%+0.2pp | 2.2%+0.2pp | 2.0%+2.5pp | -0.5%-1.5pp | 1.0% |
| Return on Equity | 1.2%-3.4pp | 4.6%-3.4pp | 8.0%+0.4pp | 7.6%+0.7pp | 6.9%+8.0pp | -1.1%-3.3pp | 2.2% |
| Return on Assets | 0.3%-0.9pp | 1.2%-1.2pp | 2.5%+0.3pp | 2.2%0.0pp | 2.2%+2.7pp | -0.5% | N/A |
| Current Ratio | 0.850.0x | 0.83-0.1x | 0.980.0x | 0.96+0.1x | 0.90-0.2x | 1.06 | N/A |
| Debt-to-Equity | 0.880.0x | 0.84+0.3x | 0.56-0.1x | 0.66+0.3x | 0.39+0.2x | 0.22 | N/A |
| FCF Margin | 0.8%-0.8pp | 1.6%-1.3pp | 2.9%+0.7pp | 2.2%-0.4pp | 2.6%+0.8pp | 1.8%+3.0pp | -1.3% |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Gxo Logistics Incorporated Ranks
Frequently Asked Questions
What is Gxo Logistics Incorporated's annual revenue?
Gxo Logistics Incorporated (GXO) reported $13.2B in total revenue for fiscal year 2025. This represents a 12.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gxo Logistics Incorporated's revenue growing?
Gxo Logistics Incorporated (GXO) revenue grew by 12.5% year-over-year, from $11.7B to $13.2B in fiscal year 2025.
Is Gxo Logistics Incorporated profitable?
Yes, Gxo Logistics Incorporated (GXO) reported a net income of $36.0M in fiscal year 2025, with a net profit margin of 0.3%.
What is Gxo Logistics Incorporated's EBITDA?
Gxo Logistics Incorporated (GXO) had EBITDA of $702.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gxo Logistics Incorporated have?
As of fiscal year 2025, Gxo Logistics Incorporated (GXO) had $854.0M in cash and equivalents against $2.6B in long-term debt.
What is Gxo Logistics Incorporated's operating margin?
Gxo Logistics Incorporated (GXO) had an operating margin of 1.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gxo Logistics Incorporated's net profit margin?
Gxo Logistics Incorporated (GXO) had a net profit margin of 0.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gxo Logistics Incorporated's return on equity (ROE)?
Gxo Logistics Incorporated (GXO) has a return on equity of 1.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gxo Logistics Incorporated's free cash flow?
Gxo Logistics Incorporated (GXO) generated $110.0M in free cash flow during fiscal year 2025. This represents a -42.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gxo Logistics Incorporated's operating cash flow?
Gxo Logistics Incorporated (GXO) generated $434.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gxo Logistics Incorporated's total assets?
Gxo Logistics Incorporated (GXO) had $12.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gxo Logistics Incorporated's capital expenditures?
Gxo Logistics Incorporated (GXO) invested $324.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gxo Logistics Incorporated's current ratio?
Gxo Logistics Incorporated (GXO) had a current ratio of 0.85 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Gxo Logistics Incorporated's debt-to-equity ratio?
Gxo Logistics Incorporated (GXO) had a debt-to-equity ratio of 0.88 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gxo Logistics Incorporated's return on assets (ROA)?
Gxo Logistics Incorporated (GXO) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gxo Logistics Incorporated's Altman Z-Score?
Gxo Logistics Incorporated (GXO) has an Altman Z-Score of 1.50, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Gxo Logistics Incorporated's Piotroski F-Score?
Gxo Logistics Incorporated (GXO) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gxo Logistics Incorporated's earnings high quality?
Gxo Logistics Incorporated (GXO) has an earnings quality ratio of 12.06x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Gxo Logistics Incorporated cover its interest payments?
Gxo Logistics Incorporated (GXO) has an interest coverage ratio of 1.84x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gxo Logistics Incorporated?
Gxo Logistics Incorporated (GXO) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.