GXO Logistics, Inc.

Listed Company

GXOCIK 0001852244NYSELarge AcceleratedTransportation ServicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

$13.18B

Net Income

$32.00M

Total Assets

$12.26B

Equity

$2.98B

Shares Out

114.71M

Op. Cash Flow

$434.00M

Business

GXO Logistics, Inc. provides contract logistics services, operating as a technology-enabled warehousing and distribution provider for large corporations worldwide. It offers high-value services including warehousing and distribution, order fulfillment, e-commerce fulfillment, reverse logistics and other supply chain solutions integrated with proprietary warehouse management, automation and predictive analytics. The company organizes operations around technology-driven site-level productivity, intelligent warehouse automation and analytic capabilities to serve core verticals such as omnichannel retail, technology, industrial, food and consumer packaged goods. GXO serves customers primarily across North America and Europe through a global network of facilities and integrated service contracts.

Summary from filing dated 2025-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	13,178	11,709	9,778	8,993	7,940
Direct operating expense	11,190	9,853	8,035	7,443	6,637
Selling, general and administrative expense	1,106	1,061	998	886	714
Depreciation and amortization expense	457	415	361	329	335
Transaction and integration costs	54	76	34	61	99
Restructuring costs and other	27	25	25	32	4
Regulatory Matter and Legal Fees	65	59	0	—	—
Net loss on divestiture of business	34	2	7	—	—
Operating income	245	218	318	242	151
Other income (expense), net	−8	31	1	51	—
Interest expense, net	−133	−103	−53	−29	—
Income before income taxes	104	146	266	264	153
Income tax expense	−68	−8	−33	−64	8
Net income	36	138	233	200	161
Net income attributable to Noncontrolling Interests (NCI)	−4	−4	−4	−3	−8
Net income attributable to GXO	32	134	229	197	153
Basic (in dollars per share)	0.28	1.12	1.93	1.68	1.33
Diluted (in dollars per share)	0.28	1.12	1.92	1.67	1.32
Basic (in shares)	116	119	119	117	115
Diluted (in shares)	116	120	119	118	116

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	854	413	468	495	333
Accounts receivable, net of allowance of $15 and $15	2,028	1,799	1,753	1,647	1,507
Other current assets	406	429	347	286	259
Total current assets	3,288	2,641	2,568	2,428	2,099
Property and equipment, net of accumulated depreciation of $2,126 and $1,732	1,151	1,160	953	960	863
Operating lease assets	2,563	2,329	2,201	2,227	1,772
Goodwill	3,781	3,549	2,891	2,728	2,017
Intangible assets, net of accumulated amortization of $781 and $618	909	986	567	570	257
Other long-term assets	570	601	327	306	263
Total long-term assets	8,974	8,625	6,939	6,791	5,172
Total assets	12,262	11,266	9,507	9,219	7,271
Accounts payable	758	776	709	717	624
Accrued expenses	1,492	1,271	966	995	998
Current debt	446	110	27	67	34
Current operating lease liabilities	745	647	597	560	453
Other current liabilities	434	385	327	193	220
Total current liabilities	3,875	3,189	2,626	2,532	2,329
Long-term debt	2,619	2,521	1,620	1,739	927
Long-term operating lease liabilities	2,044	1,898	1,842	1,853	1,391
Other long-term liabilities	709	623	473	417	234
Total long-term liabilities	5,372	5,042	3,935	4,009	2,552
Commitments and Contingencies (Note 18)	—	—	—	—	—
Common Stock, $0.01 par value per share; 300,000 shares authorized, 119,868 and 119,496 shares issued and 114,512 and 119,496 shares outstanding, respectively	1	1	1	1	1
Treasury stock, at cost; 5,356 and 0 shares, respectively	−202	0	—	—	—
Preferred Stock, $0.01 par value per share; 10,000 shares authorized, 0 issued and outstanding	0	0	0	0	0
Additional Paid-In Capital (APIC)	2,667	2,629	2,598	2,575	2,354
Retained earnings	718	686	552	323	126
Accumulated Other Comprehensive Income (Loss) (AOCIL)	−201	−313	−239	−254	−130
Total stockholders equity before NCI	2,983	3,003	2,912	2,645	2,351
NCI	32	32	34	33	39
Total equity	3,015	3,035	2,946	2,678	2,390
Total liabilities and equity	12,262	11,266	9,507	9,219	7,271

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Goodwill and intangibles write-down loss held for sale	25	0	0	—	—
Stock-based compensation expense	47	39	35	33	28
Deferred tax benefit	−29	−38	−41	−7	−48
Other	10	1	23	−17	−24
Accounts receivable	−88	118	−17	−71	−243
Other assets	21	−54	28	24	−57
Accounts payable	−61	23	−3	45	114
Accrued expenses and other liabilities	16	−93	−61	6	189
Net cash provided by operating activities	434	549	558	542	455
Capital expenditures	−324	−359	−274	−342	−250
Proceeds from sale of property and equipment	149	61	18	40	11
Acquisition of business, net of cash acquired	0	−863	−149	−876	32
Net investment hedges settlement	−24	4	−3	21	0
Other	3	0	−2	8	0
Net cash used in investing activities	−196	−1,157	−410	−1,149	−207
Common stock repurchased	−200	0	0	—	—
Proceeds from long-term debt, net of issuance discount	577	1,096	0	—	—
Payments for debt issue costs	−2	−9	0	—	—
Net borrowings under revolving credit facilities	−25	−122	−18	—	—
Repayments of debt	−180	−286	−122	−82	−47
Repayments of finance lease obligations	−50	−45	−29	−33	−25
Taxes paid related to net share settlement of equity awards	−9	−8	−12	−16	−1
Other	0	10	−5	1	−34
Net cash provided by (used in) financing activities	111	636	−186	787	−241
Effect of exchange rates on cash and cash equivalents	23	−13	13	−18	−2
Net increase (decrease) in cash, restricted cash and cash equivalents	372	15	−25	162	5
Cash paid for interest, net	128	97	57	34	22
Cash paid for income taxes, net	59	43	84	111	75
Excise tax liability related to stock repurchases	2	0	0	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro