GXO Logistics, Inc. GXO
GXO Logistics, Inc., together with its subsidiaries ("GXO," the "Company," "our," or "we"), is the largest pure-play contract logistics provider in the world and a foremost innovator in the industry. We provide our customers with high-value-added warehousing and distribution, order fulfillment, e-commerce, reverse logistics and other supply chain services differentiated by our ability to deliver technology-enabled, customized solutions at scale.
As of December 31, 2025, our approximately 154,000 team members operated in 1,043 facilities worldwide totaling approximately 221 million square feet of space, primarily on behalf of large corporations that have outsourced their warehousing, distribution and other related activities to us.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.18B | $11.71B | $9.78B | $8.99B | $7.94B | $6.20B | $6.09B | — |
| SG&A | $1.11B | $1.06B | $998.0M | $886.0M | $714.0M | $611.0M | $514.0M | — |
| Operating income | $245.0M | $218.0M | $318.0M | $242.0M | $151.0M | $16.0M | $150.0M | — |
| Interest expense | $133.0M | $103.0M | $53.0M | $29.0M | $21.0M | $24.0M | $33.0M | — |
| Pre-tax income | $104.0M | $146.0M | $266.0M | $264.0M | $153.0M | -$6.0M | $118.0M | — |
| Income tax | $68.0M | $8.0M | $33.0M | $64.0M | $8.0M | $16.0M | $37.0M | — |
| Net income | $36.0M | $138.0M | $233.0M | $200.0M | $161.0M | -$31.0M | $60.0M | — |
| EPS, basic | 0.28 | 1.12 | 1.93 | 1.68 | 1.33 | -0.27 | 0.52 | — |
| EPS, diluted | 0.28 | 1.12 | 1.92 | 1.67 | 1.32 | -0.27 | 0.52 | — |
| Shares, diluted (wtd. avg.) | $116.3M | $119.8M | $119.5M | $117.6M | $115.6M | $114.6M | $114.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $854.0M | $413.0M | $468.0M | $495.0M | $333.0M | $328.0M | $200.0M | $301.0M |
| Receivables | $2.03B | $1.80B | $1.75B | $1.65B | $1.51B | $1.22B | — | — |
| Total current assets | $3.29B | $2.64B | $2.57B | $2.43B | $2.10B | $1.84B | — | — |
| Goodwill | $3.78B | $3.55B | $2.89B | $2.73B | $2.02B | $2.06B | $1.98B | — |
| Other intangibles | $909.0M | $986.0M | $567.0M | $570.0M | $257.0M | $299.0M | — | — |
| Total assets | $12.26B | $11.27B | $9.51B | $9.22B | $7.27B | $6.55B | — | — |
| Accounts payable | $758.0M | $776.0M | $709.0M | $717.0M | $624.0M | $415.0M | — | — |
| Total current liabilities | $3.88B | $3.19B | $2.63B | $2.53B | $2.33B | $1.74B | — | — |
| Retained earnings | $718.0M | $686.0M | $552.0M | $323.0M | $126.0M | $0 | — | — |
| Total equity | $2.98B | $3.00B | $2.95B | $2.68B | $2.39B | $2.95B | $2.70B | $2.57B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $434.0M | $549.0M | $558.0M | $542.0M | $455.0M | $333.0M | $145.0M | — |
| Depreciation and amortisation | $457.0M | $415.0M | $361.0M | $329.0M | $335.0M | $323.0M | $302.0M | — |
| Stock-based compensation | $47.0M | $39.0M | $35.0M | $33.0M | $28.0M | $25.0M | $23.0M | — |
| Capital expenditure | $324.0M | $359.0M | $274.0M | $342.0M | $250.0M | $222.0M | $222.0M | — |
| Investing cash flow | -$196.0M | -$1.16B | -$410.0M | -$1.15B | -$207.0M | -$280.0M | -$147.0M | — |
| Financing cash flow | $111.0M | $636.0M | -$186.0M | $787.0M | -$241.0M | $67.0M | -$102.0M | — |
| Buybacks | $200.0M | $0 | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-046343.
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