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GXO

GXO Logistics, Inc.

GXO

GXO Logistics, Inc. • NYSE
$50.74 ▲ 0.48% (+0.24)
Market Cap $5.81 B
52w High $61.15
52w Low $30.46
Dividend Yield 0%
P/E 67.65
Volume 407.08K
Outstanding Shares 114.49M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.395B ▲ $420M ▲ $59M ▲ 1.738% ▲ $0.52 ▲ $241M ▲
Q2-2025 $3.299B ▲ $287M ▼ $26M ▲ 0.788% ▲ $0.23 ▲ $198M ▲
Q1-2025 $2.977B ▼ $366M ▲ $-96M ▼ -3.225% ▼ $-0.81 ▼ $59M ▼
Q4-2024 $3.25B ▲ $299M ▲ $100M ▲ 3.077% ▲ $0.84 ▲ $210M ▲
Q3-2024 $3.157B $294M $33M 1.045% $0.28 $198M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $339M ▲ $11.907B ▼ $8.919B ▼ $2.955B ▲
Q2-2025 $205M ▼ $11.926B ▲ $8.951B ▲ $2.94B ▲
Q1-2025 $288M ▼ $11.322B ▲ $8.418B ▲ $2.87B ▼
Q4-2024 $413M ▼ $11.266B ▼ $8.231B ▼ $3.003B ▼
Q3-2024 $548M $11.9B $8.759B $3.106B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $66.993M ▲ $232M ▲ $-46M $-39M ▲ $134M ▲ $356.731M ▲
Q2-2025 $28M ▲ $3M ▼ $-46M ▲ $-161M ▼ $-175M ▼ $-44M ▲
Q1-2025 $-95M ▼ $29M ▼ $-77M ▼ $-66M ▲ $-103M ▼ $-49M ▼
Q4-2024 $100M ▲ $186M ▼ $-50M ▲ $-193M ▼ $-84M ▼ $82M ▼
Q3-2024 $35M $198M $-93M $-28M $98M $104M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Consumer Packaged Goods
Consumer Packaged Goods
 $650.00M ▲$280.00M ▼$290.00M ▲$320.00M ▲
ECommerce Omnichannel and Consumer Technology
ECommerce Omnichannel and Consumer Technology
 $0 ▲$1.42Bn ▲$1.63Bn ▲$1.65Bn ▲
Food and Beverage
Food and Beverage
 $670.00M ▲$310.00M ▼$360.00M ▲$370.00M ▲
Industrial And Manufacturing
Industrial And Manufacturing
 $700.00M ▲$360.00M ▼$400.00M ▲$390.00M ▼
Product and Service Other
Product and Service Other
 $450.00M ▲$200.00M ▼$220.00M ▲$250.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, showing that GXO is winning new business and expanding with existing customers. Gross profit has risen as well, so the core operations are scaling, but operating profit and net income have not kept pace with sales. Profit margins look fairly thin for the level of activity, and the most recent year shows some pressure on profitability compared with the prior couple of years. That suggests higher costs, integration expenses, or pricing pressure are weighing on earnings even as the business grows. Overall, it is a healthy growth story with room for improvement in how much profit is kept from each dollar of revenue.

Balance Sheet

Balance Sheet The balance sheet shows a company that has grown its asset base quickly, likely through expansion and acquisitions. Debt has climbed faster than equity, which means leverage has increased and the business is relying more on borrowing to fund growth. Cash on hand has remained fairly modest relative to the size of the company, so liquidity is adequate but not especially conservative. Equity has edged up over time but not as fast as total assets, hinting that a meaningful part of growth is financed with debt rather than retained profits. This structure can amplify returns in good times but also raises sensitivity to interest costs and downturns.

Cash Flow

Cash Flow Operating cash flow has moved up over time, broadly in line with the expansion of the business, which supports the quality of reported earnings. Free cash flow has stayed positive but not especially large, reflecting significant ongoing investment in facilities, automation, and technology. Capital spending has been consistently high, which fits a logistics model focused on advanced warehouses and robotics, but it does limit short‑term cash flexibility. The company appears able to fund its investments largely from internal cash generation, supplemented by debt, but there is not a big surplus buffer. Sustaining and growing free cash flow will be important as interest costs and technology needs evolve.

Competitive Edge

Competitive Edge GXO holds a strong position as a large, focused contract logistics provider with a global footprint and a roster of blue‑chip customers. Its scale, long contract lengths, and deep integration into clients’ operations create high switching costs, which can translate into stable, recurring revenue. The company’s expertise in complex, high‑value logistics—especially for e‑commerce, returns, and omnichannel fulfillment—differentiates it from more traditional warehouse and transportation players. At the same time, the industry is competitive and cyclical, with pressure from global logistics giants and potential customer insourcing, so GXO must keep proving its value through service quality, innovation, and cost efficiency.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point, centered on robotics, automation, and an AI‑driven software platform that optimizes warehouse and labor performance. The company uses a wide mix of advanced technologies—autonomous robots, automated storage systems, vision tools, and data analytics—to boost accuracy and throughput for customers. Offerings like GXO IQ, GXO Direct, and strong reverse‑logistics capabilities help turn technology into tangible, differentiated services rather than just equipment in a building. Acquisitions have also been used to add new capabilities and expand into high‑touch e‑commerce services. The main opportunity is to convert this innovation edge into structurally higher margins and stickier customer relationships, while the key risk is execution and the ongoing capital and integration required to stay ahead.

Summary

GXO looks like a fast‑growing logistics specialist with a strong technology story, but with profits and free cash flow that are still catching up to its scale. The business has built a sizeable asset base and taken on more debt to support expansion, which raises both growth potential and financial risk. Cash generation is positive and improving, yet constrained by heavy investment needs. Competitively, GXO benefits from scale, long‑term contracts, high switching costs, and a clear emphasis on automation and AI, which together form a meaningful moat. The key things to watch going forward are margin improvement, discipline around leverage and investment, and the company’s ability to keep turning its innovation efforts into durable, higher‑value customer relationships.

NEWS

November 24, 2025 · 7:30 AM UTC

GXO Announces Completion of Inaugural European Bond Offering

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November 18, 2025 · 7:00 AM UTC

GXO's State-of-the-Art Distribution Center in Germany Earns Aerospace Certification

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November 4, 2025 · 4:30 PM UTC

GXO Reports Third Quarter 2025 Results

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October 29, 2025 · 7:30 AM UTC

GXO Announces Organizational Changes to Accelerate Growth

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October 7, 2025 · 7:00 AM UTC

GXO Renews Partnership with Dolce&Gabbana Beauty

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