GXO Logistics, Inc. (GXO)

GXO Logistics Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	12,230	11,709	9,778	8,993	7,940	6,195
Revenue Growth (YoY)	23.40%	19.75%	8.73%	13.26%	28.17%	1.66%
Cost of Revenue	10,355	9,853	8,035	7,443	6,637	5,169
Gross Profit	1,875	1,856	1,743	1,550	1,303	1,026
Selling, General & Admin	1,052	1,040	990	853	714	611
Operating Expenses	1,484	1,455	1,351	1,182	1,049	934
Operating Income	391	401	392	368	254	92
Interest Expense	-167	-148	-96	-29	-21	-24
Interest & Investment Income	6	6	10	-	-	-
Currency Exchange Gain (Loss)	42	42	24	17	-	-
Other Non Operating Income (Expenses)	-4	7	2	1	23	2
EBT Excluding Unusual Items	268	308	332	357	256	70
Merger & Restructuring Charges	-100	-96	-64	-32	-4	-29
Legal Settlements	-62	-59	-	-	-	-
Other Unusual Items	-7	-7	-2	-61	-99	-47
Pretax Income	99	146	266	264	153	-6
Income Tax Expense	20	8	33	64	-8	16
Earnings From Continuing Operations	79	138	233	200	161	-22
Minority Interest in Earnings	-4	-4	-4	-3	-8	-9
Net Income	75	134	229	197	153	-31
Net Income to Common	75	134	229	197	153	-31
Net Income Growth	-55.09%	-41.48%	16.24%	28.76%	-	-
Shares Outstanding (Basic)	119	119	119	117	115	115
Shares Outstanding (Diluted)	120	120	119	118	116	115
Shares Change (YoY)	0.19%	0.26%	1.59%	1.75%	0.85%	-
EPS (Basic)	0.63	1.12	1.93	1.68	1.33	-0.27
EPS (Diluted)	0.62	1.12	1.92	1.67	1.32	-0.27
EPS Growth	-55.42%	-41.67%	14.97%	26.52%	-	-
Free Cash Flow	164	190	284	200	205	111
Free Cash Flow Per Share	1.37	1.59	2.38	1.70	1.77	0.97
Gross Margin	15.33%	15.85%	17.83%	17.24%	16.41%	16.56%
Operating Margin	3.20%	3.43%	4.01%	4.09%	3.20%	1.49%
Profit Margin	0.61%	1.14%	2.34%	2.19%	1.93%	-0.50%
Free Cash Flow Margin	1.34%	1.62%	2.90%	2.22%	2.58%	1.79%
EBITDA	820	813	753	697	589	415
EBITDA Margin	6.71%	6.94%	7.70%	7.75%	7.42%	6.70%
D&A For EBITDA	429	412	361	329	335	323
EBIT	391	401	392	368	254	92
EBIT Margin	3.20%	3.43%	4.01%	4.09%	3.20%	1.49%
Effective Tax Rate	20.20%	5.48%	12.41%	24.24%	-	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q