Cash flow GXO Logistics, Inc.

Equities

GXO

US36262G1013

Air Freight & Logistics

Market Closed - Nyse Other stock markets 21:00:02 18/09/2024 BST			5-day change	1st Jan Change
51.76 ^USD	+0.54%		+5.74%	-15.37%

09-18	GXO Logistics Signs Agreement to Test Reflex Robot for Warehouse Automation	MT
09-18	GXO Logistics, Inc. Partners with Reflex Robotics to Deploy New Warehouse Automation	CI

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Published financial data: GXO LOGISTICS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	6.09B	6.2B	7.94B	8.99B	9.78B
Total Revenues	6.09B	6.2B	7.94B	8.99B	9.78B
Cost of Goods Sold, Total	5.11B	5.17B	6.64B	7.44B	8.04B
Gross Profit	982M	1.03B	1.3B	1.55B	1.74B
Selling General & Admin Expenses, Total	514M	611M	714M	853M	990M
Depreciation & Amortization - (IS)	302M	323M	335M	329M	361M
Other Operating Expenses, Total	816M	934M	1.05B	1.18B	1.35B
Operating Income	166M	92M	254M	368M	392M
Interest Expense, Total	-33M	-24M	-21M	-29M	-96M
Interest And Investment Income	-	-	-	-	10M
Net Interest Expenses	-33M	-24M	-21M	-29M	-86M
Currency Exchange Gains (Loss)	-	-	2M	14M	24M
Other Non Operating Income (Expenses)	1M	2M	21M	4M	2M
EBT, Excl. Unusual Items	134M	70M	256M	357M	332M
Restructuring Charges	-15M	-29M	-4M	-24M	-32M
Merger & Related Restructuring Charges	-	-	-	-46M	-32M
Gain (Loss) On Sale Of Investments	-	-	-	-8M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1M	-47M	-99M	-15M	-2M
EBT, Incl. Unusual Items	118M	-6M	153M	264M	266M
Income Tax Expense	37M	16M	-8M	64M	33M
Earnings From Continuing Operations	81M	-22M	161M	200M	233M
Net Income to Company	81M	-22M	161M	200M	233M
Minority Interest	-21M	-9M	-8M	-3M	-4M
Net Income - (IS)	60M	-31M	153M	197M	229M
Net Income to Common Incl Extra Items	60M	-31M	153M	197M	229M
Net Income to Common Excl. Extra Items	60M	-31M	153M	197M	229M
Per Share Items
Net EPS - Basic	-	-	1.33	1.68	1.93
Basic EPS - Continuing Operations	-	-	1.33	1.68	1.93
Basic Weighted Average Shares Outstanding	-	-	115M	117M	119M
Net EPS - Diluted	-	-	1.32	1.67	1.92
Diluted EPS - Continuing Operations	-	-	1.32	1.67	1.92
Diluted Weighted Average Shares Outstanding	-	-	116M	118M	119M
Normalized Basic EPS	-	-	1.33	1.88	1.71
Normalized Diluted EPS	-	-	1.31	1.87	1.7
Supplemental Items
EBITDA	468M	415M	589M	697M	753M
EBITA	231M	153M	315M	436M	463M
EBIT	166M	92M	254M	368M	392M
EBITDAR	1.09B	1.07B	1.4B	1.62B	1.86B
Effective Tax Rate - (Ratio)	31.36	-266.67	-5.23	24.24	12.41
Current Domestic Taxes	3M	-3M	14M	42M	31M
Current Foreign Taxes	36M	45M	26M	29M	43M
Total Current Taxes	39M	42M	40M	71M	74M
Deferred Domestic Taxes	-2M	-21M	-25M	-12M	-5M
Deferred Foreign Taxes	-	-5M	-23M	5M	-36M
Total Deferred Taxes	-2M	-26M	-48M	-7M	-41M
Normalized Net Income	62.75M	34.75M	152M	220M	204M
Interest on Long-Term Debt	2M	4M	6M	5M	5M
Non-Cash Pension Expense	-	-	-19M	-33M	-8M
Supplemental Operating Expense Items
Net Rental Expense, Total	622M	652M	812M	921M	1.1B
Imputed Operating Lease Interest Expense	-	59.09M	55.27M	60.84M	204M
Imputed Operating Lease Depreciation	-	593M	757M	860M	901M
Stock-Based Comp., SG&A Exp. (Total)	-	-	28M	33M	35M
Total Stock-Based Compensation	-	-	28M	33M	35M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	200M	328M	333M	495M	468M
Trading Asset Securities, Total	-	-	-	-	2M
Total Cash And Short Term Investments	200M	328M	333M	495M	470M
Accounts Receivable, Total	1.13B	1.33B	1.51B	1.65B	1.77B
Total Receivables	1.13B	1.33B	1.51B	1.65B	1.77B
Other Current Assets, Total	154M	179M	259M	286M	324M
Total Current Assets	1.49B	1.84B	2.1B	2.43B	2.57B
Gross Property Plant And Equipment	2.88B	3.13B	3.76B	4.48B	4.7B
Accumulated Depreciation	-685M	-922M	-1.13B	-1.3B	-1.54B
Net Property Plant And Equipment	2.2B	2.2B	2.64B	3.19B	3.15B
Long-term Investments	-	-	-	9M	3M
Goodwill	1.98B	2.06B	2.02B	2.73B	2.89B
Other Intangibles, Total	343M	299M	257M	570M	567M
Accounts Receivable Long-Term	-	-	-	-	160M
Deferred Tax Assets Long-Term	-	-	48M	43M	74M
Other Long-Term Assets, Total	136M	146M	215M	254M	90M
Total Assets	6.15B	6.55B	7.27B	9.22B	9.51B
Liabilities
Accounts Payable, Total	413M	415M	624M	717M	709M
Accrued Expenses, Total	609M	784M	998M	995M	966M
Current Portion of Long-Term Debt	20M	27M	-	32M	1M
Current Portion of Leases	347M	363M	487M	595M	623M
Unearned Revenue Current, Total	72M	97M	-	-	210M
Other Current Liabilities	22M	52M	220M	193M	117M
Total Current Liabilities	1.48B	1.74B	2.33B	2.53B	2.63B
Long-Term Debt	558M	488M	794M	1.64B	1.53B
Long-Term Leases	1.21B	1.23B	1.52B	1.95B	1.93B
Unearned Revenue Non Current	-	-	-	-	115M
Deferred Tax Liability Non Current	85M	54M	71M	160M	141M
Other Non Current Liabilities	120M	94M	163M	257M	217M
Total Liabilities	3.45B	3.6B	4.88B	6.54B	6.56B
Common Stock, Total	2.63B	2.76B	1M	1M	1M
Additional Paid In Capital	-	-	2.35B	2.58B	2.6B
Retained Earnings	-	-	126M	323M	552M
Comprehensive Income and Other	-66M	58M	-130M	-254M	-239M
Total Common Equity	2.57B	2.82B	2.35B	2.64B	2.91B
Minority Interest	130M	125M	39M	33M	34M
Total Equity	2.7B	2.95B	2.39B	2.68B	2.95B
Total Liabilities And Equity	6.15B	6.55B	7.27B	9.22B	9.51B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	115M	119M	119M
ECS Total Common Shares Outstanding	-	-	115M	119M	119M
Book Value / Share	-	-	20.5	22.28	24.46
Tangible Book Value	240M	461M	77M	-653M	-546M
Tangible Book Value Per Share	-	-	0.67	-5.5	-4.59
Total Debt	2.13B	2.1B	2.8B	4.22B	4.09B
Net Debt	1.93B	1.78B	2.47B	3.72B	3.62B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-60M	-38M	-53M
Debt Equivalent Oper. Leases	4.98B	5.22B	6.5B	7.37B	8.84B
Minority Interest, Total (Incl. Fin. Div)	130M	125M	39M	33M	34M
Account Code - Inventory Valuation	-	-	3	3	3
Land - (BS)	5M	6M	7M	-	440M
Buildings, Total	270M	273M	326M	364M	-
Machinery, Total	749M	914M	1.44B	1.67B	1.82B
Full Time Employees	-	66K	75K	89K	87K
Accumulated Allowance for Doubtful Accounts (Supple)	20M	18M	13M	12M	11M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	60M	-31M	153M	197M	229M
Depreciation & Amortization - CF	237M	262M	274M	261M	290M
Amortization of Goodwill and Intangible Assets - (CF)	65M	61M	61M	68M	71M
Depreciation & Amortization, Total	302M	323M	335M	329M	361M
Stock-Based Compensation (CF)	-	-	28M	33M	35M
Other Operating Activities, Total	59M	7M	-64M	-21M	-14M
Change In Accounts Receivable	-173M	-122M	-243M	-71M	-17M
Change In Accounts Payable	-41M	-13M	114M	45M	-3M
Change in Other Net Operating Assets	-62M	169M	132M	30M	-33M
Cash from Operations	145M	333M	455M	542M	558M
Capital Expenditure	-222M	-222M	-250M	-342M	-274M
Sale of Property, Plant, and Equipment	15M	12M	11M	40M	18M
Cash Acquisitions	-	-	32M	-876M	-149M
Other Investing Activities, Total	60M	-70M	-	29M	-5M
Cash from Investing	-147M	-280M	-207M	-1.15B	-410M
Short Term Debt Issued, Total	-	24M	-	-	-
Long-Term Debt Issued, Total	261M	-	794M	917M	-
Total Debt Issued	261M	24M	794M	917M	-
Short Term Debt Repaid, Total	-	-	-26M	-	-
Long-Term Debt Repaid, Total	-376M	-123M	-72M	-115M	-169M
Total Debt Repaid	-376M	-123M	-98M	-115M	-169M
Repurchase of Common Stock	-	-	-	-16M	-12M
Other Financing Activities, Total	13M	166M	-937M	1M	-5M
Cash from Financing	-102M	67M	-241M	787M	-186M
Foreign Exchange Rate Adjustments	3M	8M	-2M	-18M	13M
Net Change in Cash	-101M	128M	5M	162M	-25M
Supplemental Items
Cash Interest Paid	29M	32M	22M	-	-
Cash Income Tax Paid (Refund)	40M	27M	75M	111M	84M
Levered Free Cash Flow	-	156M	522M	128M	239M
Unlevered Free Cash Flow	-	170M	535M	146M	299M
Change In Net Working Capital	-	-12M	-263M	104M	68M
Net Debt Issued / Repaid	-115M	-99M	696M	802M	-169M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	0.91	2.3	2.79	2.62
Return on Total Capital	-	1.16	3.09	3.8	3.52
Return On Equity %	-	-0.78	6.03	7.89	8.29
Return on Common Equity	-	-1.15	5.91	7.89	8.24
Margin Analysis
Gross Profit Margin %	16.11	16.56	16.41	17.24	17.83
SG&A Margin	8.43	9.86	8.99	9.49	10.12
EBITDA Margin %	7.68	6.7	7.42	7.75	7.7
EBITA Margin %	3.79	2.47	3.97	4.85	4.74
EBIT Margin %	2.72	1.48	3.2	4.09	4.01
Income From Continuing Operations Margin %	1.33	-0.36	2.03	2.22	2.38
Net Income Margin %	0.98	-0.5	1.93	2.19	2.34
Net Avail. For Common Margin %	0.98	-0.5	1.93	2.19	2.34
Normalized Net Income Margin	1.03	0.56	1.91	2.45	2.08
Levered Free Cash Flow Margin	-	2.51	6.57	1.42	2.44
Unlevered Free Cash Flow Margin	-	2.75	6.73	1.62	3.06
Asset Turnover
Asset Turnover	-	0.98	1.15	1.09	1.04
Fixed Assets Turnover	-	2.81	3.28	3.09	3.08
Receivables Turnover (Average Receivables)	-	5.03	5.6	5.7	5.67
Short Term Liquidity
Current Ratio	1	1.06	0.9	0.96	0.98
Quick Ratio	0.9	0.95	0.79	0.85	0.85
Operating Cash Flow to Current Liabilities	0.1	0.19	0.2	0.21	0.21
Days Sales Outstanding (Average Receivables)	-	72.76	65.18	64.01	64.32
Average Days Payable Outstanding	-	29.31	28.57	32.88	32.39
Long Term Solvency
Total Debt/Equity	79.09	71.37	117.36	157.54	138.7
Total Debt / Total Capital	44.16	41.65	53.99	61.17	58.11
LT Debt/Equity	65.48	58.14	96.99	134.13	117.52
Long-Term Debt / Total Capital	36.56	33.93	44.62	52.08	49.23
Total Liabilities / Total Assets	56.15	54.98	67.13	70.95	69.01
EBIT / Interest Expense	5.03	3.83	12.1	12.69	4.08
EBITDA / Interest Expense	33.03	44.46	66.71	55.79	19.35
(EBITDA - Capex) / Interest Expense	26.3	35.21	54.81	44	16.5
Total Debt / EBITDA	1.96	1.97	2	2.61	2.2
Net Debt / EBITDA	1.77	1.66	1.76	2.3	1.95
Total Debt / (EBITDA - Capex)	2.46	2.49	2.44	3.31	2.58
Net Debt / (EBITDA - Capex)	2.23	2.1	2.15	2.92	2.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.48	1.66	28.17	13.26	8.73
Gross Profit, 1 Yr. Growth %	3.59	4.48	27	18.96	12.45
EBITDA, 1 Yr. Growth %	11.43	-11.32	41.93	14.64	8.03
EBITA, 1 Yr. Growth %	0.43	-33.77	105.88	30.54	6.19
EBIT, 1 Yr. Growth %	4.4	-44.58	176.09	34.8	6.52
Earnings From Cont. Operations, 1 Yr. Growth %	-10	-127.16	-831.82	24.22	16.5
Net Income, 1 Yr. Growth %	-14.29	-151.67	-593.55	28.76	16.24
Normalized Net Income, 1 Yr. Growth %	-8.73	-44.62	337.41	44.82	-7.55
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-588.09	26.52	14.97
Accounts Receivable, 1 Yr. Growth %	-	17.2	13.39	9.29	6.1
Net Property, Plant and Equip., 1 Yr. Growth %	-	0.18	19.56	20.95	-1.04
Total Assets, 1 Yr. Growth %	-	6.45	11.04	26.79	3.12
Tangible Book Value, 1 Yr. Growth %	-	92.08	-83.3	-948.05	-16.39
Common Equity, 1 Yr. Growth %	-	9.97	-16.72	12.51	10.09
Cash From Operations, 1 Yr. Growth %	-56.72	129.66	36.64	19.12	2.95
Capital Expenditures, 1 Yr. Growth %	-17.78	0	12.61	36.8	-19.88
Levered Free Cash Flow, 1 Yr. Growth %	-	-	239.82	-76.03	119.01
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	217.36	-73.29	104.79
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	1.07	14.15	20.48	10.97
Gross Profit, 2 Yr. CAGR %	-	4.03	15.19	22.91	15.66
EBITDA, 2 Yr. CAGR %	-	-0.6	12.18	29.6	13.07
EBITA, 2 Yr. CAGR %	-	-18.44	16.77	68.81	21.24
EBIT, 2 Yr. CAGR %	-	-23.93	23.7	100	24.23
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-50.56	40.98	201.51	20.3
Net Income, 2 Yr. CAGR %	-	-33.45	59.69	152.09	22.34
Normalized Net Income, 2 Yr. CAGR %	-	-28.9	55.64	151.68	15.71
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	59.33	148.5	20.6
Accounts Receivable, 2 Yr. CAGR %	-	-	15.28	11.32	8.5
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	9.44	20.25	9.41
Total Assets, 2 Yr. CAGR %	-	-	8.72	18.66	14.35
Tangible Book Value, 2 Yr. CAGR %	-	-	-43.36	19.02	166.29
Common Equity, 2 Yr. CAGR %	-	-	-4.3	-3.2	11.29
Cash From Operations, 2 Yr. CAGR %	-	-0.3	77.14	27.58