GXO Logistics Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	9,778	8,993	7,940	6,195	6,094	6,065
Revenue Growth (YoY)	8.73%	13.26%	28.17%	1.66%	0.48%	-
Cost of Revenue	8,035	7,443	6,637	5,169	5,112	5,117
Gross Profit	1,743	1,550	1,303	1,026	982	948
Selling, General & Admin	998	886	714	611	514	528
Other Operating Expenses	427	422	438	399	318	277
Operating Expenses	1,425	1,308	1,152	1,010	832	805
Operating Income	318	242	151	16	150	143
Interest Expense / Income	53	29	21	24	33	30
Other Expense / Income	3	-48	-15	7	20	7
Pretax Income	262	261	145	-15	97	106
Income Tax	33	64	-8	16	37	36
Net Income	229	197	153	-31	60	70
Net Income Growth	16.24%	28.76%	-	-	-14.29%	-
Shares Outstanding (Basic)	119	117	115	115	115	-
Shares Outstanding (Diluted)	119	118	116	115	115	-
Shares Change	1.59%	1.75%	0.85%	-	-	-
EPS (Basic)	1.93	1.68	1.33	-0.27	0.52	-
EPS (Diluted)	1.92	1.67	1.32	-0.27	0.52	-
EPS Growth	14.97%	26.52%	-	-	-	-
Free Cash Flow	302	240	216	123	-62	95
Free Cash Flow Per Share	2.54	2.05	1.88	1.07	-0.54	-
Gross Margin	17.83%	17.24%	16.41%	16.56%	16.11%	15.63%
Operating Margin	3.25%	2.69%	1.90%	0.26%	2.46%	2.36%
Profit Margin	2.34%	2.19%	1.93%	-0.50%	0.98%	1.15%
Free Cash Flow Margin	3.09%	2.67%	2.72%	1.99%	-1.02%	1.57%
Effective Tax Rate	12.60%	24.52%	-5.52%	-	38.14%	33.96%
EBITDA	676	619	501	332	432	397
EBITDA Margin	6.91%	6.88%	6.31%	5.36%	7.09%	6.55%
Depreciation & Amortization	361	329	335	323	302	261
EBIT	315	290	166	9	130	136
EBIT Margin	3.22%	3.22%	2.09%	0.15%	2.13%	2.24%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).