GXO Historical Income Statement

GXO Stock  USD 40.37  0.32  0.79%   
Historical analysis of GXO Logistics income statement accounts such as Depreciation And Amortization of 368.2 M or Interest Expense of 97.8 K can show how well GXO Logistics performed in making a profits. Evaluating GXO Logistics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GXO Logistics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining GXO Logistics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether GXO Logistics is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GXO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in GXO Stock, please use our How to Invest in GXO Logistics guide.

About GXO Income Statement Analysis

GXO Logistics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to GXO Logistics shareholders. The income statement also shows GXO investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

GXO Logistics Income Statement Chart

At this time, GXO Logistics' Selling And Marketing Expenses is very stable compared to the past year. As of the 21st of March 2025, Operating Income is likely to grow to about 249.2 M, while Tax Provision is likely to drop about 7.6 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts GXO Logistics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of GXO Logistics minus its cost of goods sold. It is profit before GXO Logistics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from GXO Logistics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into GXO Logistics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GXO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in GXO Stock, please use our How to Invest in GXO Logistics guide.At this time, GXO Logistics' Selling And Marketing Expenses is very stable compared to the past year. As of the 21st of March 2025, Operating Income is likely to grow to about 249.2 M, while Tax Provision is likely to drop about 7.6 M.
 2022 2024 2025 (projected)
Depreciation And Amortization329M415M368.2M
Interest Income29M26.1M21.9M

GXO Logistics income statement Correlations

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0.380.39-0.740.69-0.7-0.58-0.77-0.78-0.77-0.3-0.32-0.64-0.72-0.76-0.82-0.75-0.240.88-0.360.430.62-0.68-0.71
0.790.39-0.590.62-0.49-0.81-0.47-0.42-0.47-0.33-0.12-0.31-0.44-0.48-0.42-0.630.070.36-0.180.820.62-0.23-0.25
-0.41-0.74-0.59-0.480.910.870.910.890.910.610.460.750.90.910.891.00.33-0.760.57-0.52-0.870.80.82
0.710.690.62-0.48-0.31-0.46-0.41-0.42-0.42-0.030.06-0.32-0.4-0.41-0.48-0.510.220.450.080.590.36-0.23-0.27
-0.15-0.7-0.490.91-0.310.890.980.960.970.770.660.90.960.980.930.920.58-0.630.74-0.3-0.930.950.95
-0.42-0.58-0.810.87-0.460.890.830.790.830.680.440.70.810.840.770.90.32-0.530.54-0.52-0.890.730.74
-0.22-0.77-0.470.91-0.410.980.831.01.00.740.690.940.991.00.970.930.58-0.650.75-0.34-0.920.940.95
-0.21-0.78-0.420.89-0.420.960.791.01.00.690.650.930.980.990.990.910.55-0.660.71-0.32-0.880.940.95
-0.24-0.77-0.470.91-0.420.970.831.01.00.720.670.930.981.00.980.930.56-0.660.73-0.35-0.920.930.95
0.13-0.3-0.330.61-0.030.770.680.740.690.720.910.850.810.750.580.620.87-0.140.940.02-0.880.770.75
0.19-0.32-0.120.460.060.660.440.690.650.670.910.850.750.690.540.460.96-0.140.980.06-0.780.70.69
-0.03-0.64-0.310.75-0.320.90.70.940.930.930.850.850.970.940.880.770.77-0.410.86-0.12-0.90.930.93
-0.18-0.72-0.440.9-0.40.960.810.990.980.980.810.750.970.990.940.910.65-0.580.8-0.28-0.940.940.94
-0.23-0.76-0.480.91-0.410.980.841.00.991.00.750.690.940.990.970.930.59-0.640.76-0.35-0.930.940.95
-0.27-0.82-0.420.89-0.480.930.770.970.990.980.580.540.880.940.970.910.43-0.710.6-0.37-0.820.90.92
-0.43-0.75-0.631.0-0.510.920.90.930.910.930.620.460.770.910.930.910.33-0.740.57-0.53-0.880.810.83
0.42-0.240.070.330.220.580.320.580.550.560.870.960.770.650.590.430.33-0.070.950.29-0.670.690.66
0.420.880.36-0.760.45-0.63-0.53-0.65-0.66-0.66-0.14-0.14-0.41-0.58-0.64-0.71-0.74-0.07-0.250.530.5-0.54-0.57
0.16-0.36-0.180.570.080.740.540.750.710.730.940.980.860.80.760.60.570.95-0.250.01-0.840.770.75
0.970.430.82-0.520.59-0.3-0.52-0.34-0.32-0.350.020.06-0.12-0.28-0.35-0.37-0.530.290.530.010.39-0.02-0.05
0.260.620.62-0.870.36-0.93-0.89-0.92-0.88-0.92-0.88-0.78-0.9-0.94-0.93-0.82-0.88-0.670.5-0.840.39-0.84-0.84
0.11-0.68-0.230.8-0.230.950.730.940.940.930.770.70.930.940.940.90.810.69-0.540.77-0.02-0.841.0
0.07-0.71-0.250.82-0.270.950.740.950.950.950.750.690.930.940.950.920.830.66-0.570.75-0.05-0.841.0
Click cells to compare fundamentals

GXO Logistics Account Relationship Matchups

GXO Logistics income statement Accounts

202020212022202320242025 (projected)
Tax Provision16M(8M)64M51M8M7.6M
Net Interest Income(24M)(21M)(29M)(51M)(103M)(97.9M)
Interest Income33M24M21M29M26.1M21.9M
Depreciation And Amortization323M335M329M361M415M368.2M
Interest Expense24M21M29M53M103K97.9K
Selling General Administrative658M714M886M1.0B1.1B845.6M
Total Revenue6.2B7.9B9.0B9.8B11.7B8.9B
Gross Profit703M968M1.2B1.4B1.9B1.2B
Other Operating Expenses6.1B7.7B8.7B9.5B11.5B8.7B
Operating Income94M277M386M318M218M249.2M
Net Income From Continuing Ops(22M)161M200M206M138M134.2M
Ebit92M254M368M319M401M275.9M
Ebitda415M589M697M680M816M644.1M
Cost Of Revenue5.5B7.0B7.8B8.4B9.9B7.7B
Total Operating Expenses611M714M886M1.1B1.6B935.8M
Reconciled Depreciation323M335M329M355M415M364.6M
Income Before Tax(6M)153M264M266M146M167.7M
Total Other Income Expense Net(22M)2M22M(52M)(72M)(68.4M)
Net Income Applicable To Common Shares60M(31M)153M197M226.6M237.9M
Net Income(22M)153M197M229M134M132.3M
Income Tax Expense16M(8M)64M33M8M7.6M
Minority Interest125M8M3M(4M)(3.6M)(3.4M)

Pair Trading with GXO Logistics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GXO Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GXO Logistics will appreciate offsetting losses from the drop in the long position's value.

Moving together with GXO Stock

  0.7FDX FedExPairCorr

Moving against GXO Stock

  0.74AIRTP Air T IncPairCorr
  0.63PBI Pitney BowesPairCorr
  0.62ATXG Addentax Group CorpPairCorr
  0.62PBI-PB Pitney Bowes NTPairCorr
  0.59ZTO ZTO ExpressPairCorr
The ability to find closely correlated positions to GXO Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GXO Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GXO Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GXO Logistics to buy it.
The correlation of GXO Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GXO Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GXO Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GXO Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether GXO Logistics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GXO Logistics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gxo Logistics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gxo Logistics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GXO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in GXO Stock, please use our How to Invest in GXO Logistics guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GXO Logistics. If investors know GXO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GXO Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Earnings Share
1.12
Revenue Per Share
98.055
Quarterly Revenue Growth
0.255
Return On Assets
0.0241
The market value of GXO Logistics is measured differently than its book value, which is the value of GXO that is recorded on the company's balance sheet. Investors also form their own opinion of GXO Logistics' value that differs from its market value or its book value, called intrinsic value, which is GXO Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GXO Logistics' market value can be influenced by many factors that don't directly affect GXO Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GXO Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GXO Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GXO Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.