GXO Logistics Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	11,709	9,778	8,993	7,940	6,195	Upgrade
Revenue Growth (YoY)	19.75%	8.73%	13.26%	28.17%	1.66%	Upgrade
Cost of Revenue	9,853	8,035	7,443	6,637	5,169	Upgrade
Gross Profit	1,856	1,743	1,550	1,303	1,026	Upgrade
Selling, General & Admin	1,040	990	853	714	611	Upgrade
Operating Expenses	1,455	1,351	1,182	1,049	934	Upgrade
Operating Income	401	392	368	254	92	Upgrade
Interest Expense	-148	-96	-29	-21	-24	Upgrade
Interest & Investment Income	6	10	-	-	-	Upgrade
Currency Exchange Gain (Loss)	42	24	17	-	-	Upgrade
Other Non Operating Income (Expenses)	7	2	1	23	2	Upgrade
EBT Excluding Unusual Items	308	332	357	256	70	Upgrade
Merger & Restructuring Charges	-96	-64	-32	-4	-29	Upgrade
Legal Settlements	-59	-	-	-	-	Upgrade
Other Unusual Items	-7	-2	-61	-99	-47	Upgrade
Pretax Income	146	266	264	153	-6	Upgrade
Income Tax Expense	8	33	64	-8	16	Upgrade
Earnings From Continuing Operations	138	233	200	161	-22	Upgrade
Minority Interest in Earnings	-4	-4	-3	-8	-9	Upgrade
Net Income	134	229	197	153	-31	Upgrade
Net Income to Common	134	229	197	153	-31	Upgrade
Net Income Growth	-41.48%	16.24%	28.76%	-	-	Upgrade
Shares Outstanding (Basic)	119	119	117	115	115	Upgrade
Shares Outstanding (Diluted)	120	119	118	116	115	Upgrade
Shares Change (YoY)	0.26%	1.59%	1.75%	0.85%	-	Upgrade
EPS (Basic)	1.12	1.93	1.68	1.33	-0.27	Upgrade
EPS (Diluted)	1.12	1.92	1.67	1.32	-0.27	Upgrade
EPS Growth	-41.67%	14.97%	26.52%	-	-	Upgrade
Free Cash Flow	190	284	200	205	111	Upgrade
Free Cash Flow Per Share	1.59	2.38	1.70	1.77	0.97	Upgrade
Gross Margin	15.85%	17.83%	17.24%	16.41%	16.56%	Upgrade
Operating Margin	3.43%	4.01%	4.09%	3.20%	1.49%	Upgrade
Profit Margin	1.14%	2.34%	2.19%	1.93%	-0.50%	Upgrade
Free Cash Flow Margin	1.62%	2.90%	2.22%	2.58%	1.79%	Upgrade
EBITDA	816	753	697	589	415	Upgrade
EBITDA Margin	6.97%	7.70%	7.75%	7.42%	6.70%	Upgrade
D&A For EBITDA	415	361	329	335	323	Upgrade
EBIT	401	392	368	254	92	Upgrade
EBIT Margin	3.43%	4.01%	4.09%	3.20%	1.49%	Upgrade
Effective Tax Rate	5.48%	12.41%	24.24%	-	-	Upgrade

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q