$GXO
GXO Logistics, Inc. Stock $gxo

$gxo Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000185224424000028 Filed on August 06, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$3.157B	$2.846B
YoY Change	27.76%	18.88%
Cost Of Revenue	$2.671B	$2.389B
YoY Change	32.75%	22.07%
Gross Profit	$486.0M	$457.0M
YoY Change	5.88%	4.58%
Gross Profit Margin	15.39%	16.06%
Selling, General & Admin	$265.0M	$270.0M
YoY Change	2.71%	10.2%
% of Gross Profit	54.53%	59.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$111.0M	$99.00M
YoY Change	9.9%	17.86%
% of Gross Profit	22.84%	21.66%
Operating Expenses	$265.0M	$270.0M
YoY Change	2.71%	-17.93%
Operating Profit	$81.00M	$75.00M
YoY Change	-10.0%	-30.56%
Interest Expense	-$33.00M	-$23.00M
YoY Change	-335.71%	64.29%
% of Operating Profit	-40.74%	-30.67%
Other Income/Expense, Net	-$6.000M	$1.000M
YoY Change	-185.71%	0.0%
Pretax Income	$42.00M	$53.00M
YoY Change	-49.4%	-38.37%
Income Tax	$7.000M	$14.00M
% Of Pretax Income	16.67%	26.42%
Net Earnings	$33.00M	$38.00M
YoY Change	-50.0%	-41.54%
Net Earnings / Revenue	1.05%	1.34%
Basic Earnings Per Share	$0.28	$0.32
Diluted Earnings Per Share	$0.28	$0.32
COMMON SHARES
Basic Shares Outstanding	119.5M shares	119.4M shares
Diluted Shares Outstanding	119.8M shares	119.7M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$548.0M	$469.0M
YoY Change	15.86%	53.77%
Cash & Equivalents	$548.0M	$469.0M
Short-Term Investments
Other Short-Term Assets	$443.0M	$419.0M
YoY Change	33.43%	48.58%
Inventory
Prepaid Expenses
Receivables	$1.968B	$1.909B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.959B	$2.797B
YoY Change	19.99%	21.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.662B	$3.437B
YoY Change	19.83%	8.8%
Goodwill	$3.676B	$3.664B
YoY Change	34.46%	30.76%
Intangibles	$1.061B	$942.0M
YoY Change	109.27%	73.16%
Long-Term Investments
YoY Change
Other Assets	$542.0M	$520.0M
YoY Change	65.24%	65.08%
Total Long-Term Assets	$8.941B	$8.563B
YoY Change	34.96%	25.56%
TOTAL ASSETS
Total Short-Term Assets	$2.959B	$2.797B
Total Long-Term Assets	$8.941B	$8.563B
Total Assets	$11.90B	$11.36B
YoY Change	30.9%	24.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$748.0M	$690.0M
YoY Change	25.29%	21.91%
Accrued Expenses	$1.411B	$1.286B
YoY Change	44.72%	-15.28%
Deferred Revenue	$255.0M	$308.0M
YoY Change	39.34%	57.14%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$223.0M	$219.0M
YoY Change	757.69%	525.71%
Total Short-Term Liabilities	$3.432B	$3.269B
YoY Change	41.0%	36.04%
LONG-TERM LIABILITIES
Long-Term Debt	$2.556B	$2.551B
YoY Change	57.68%	56.98%
Other Long-Term Liabilities	$704.0M	$626.0M
YoY Change	68.02%	-72.63%
Total Long-Term Liabilities	$5.327B	$5.158B
YoY Change	38.72%	31.85%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.432B	$3.269B
Total Long-Term Liabilities	$5.327B	$5.158B
Total Liabilities	$8.759B	$8.427B
YoY Change	39.61%	32.75%
SHAREHOLDERS EQUITY
Retained Earnings	$586.0M	$553.0M
YoY Change	22.34%	33.9%
Common Stock	$1.000M	$1.000M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.106B	$2.901B
YoY Change
Total Liabilities & Shareholders Equity	$11.90B	$11.36B
YoY Change	30.9%	24.48%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$33.00M	$38.00M
YoY Change	-50.0%	-41.54%
Depreciation, Depletion And Amortization	$111.0M	$99.00M
YoY Change	9.9%	17.86%
Cash From Operating Activities	$198.0M	$115.0M
YoY Change	-18.52%	88.52%
INVESTING ACTIVITIES
Capital Expenditures	$94.00M	$88.00M
YoY Change	70.91%	49.15%
Acquisitions
YoY Change
Other Investing Activities	$1.000M	-$844.0M
YoY Change	-66.67%	-84500.0%
Cash From Investing Activities	-$93.00M	-$932.0M
YoY Change	78.85%	1506.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-28.00M	865.0M
YoY Change	86.67%	-786.51%
NET CHANGE
Cash From Operating Activities	198.0M	115.0M
Cash From Investing Activities	-93.00M	-932.0M
Cash From Financing Activities	-28.00M	865.0M
Net Change In Cash	77.00M	48.00M
YoY Change	-56.25%	-139.02%
FREE CASH FLOW
Cash From Operating Activities	$198.0M	$115.0M
Capital Expenditures	$94.00M	$88.00M
Free Cash Flow	$104.0M	$27.00M
YoY Change	-44.68%	1250.0%

Facts In Submission

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	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	119350000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	118854000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	119683000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	119415000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	119680000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	119323000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.76
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.75
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1087000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1604000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1074000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1711000	shares
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	14000000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20000000	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.254
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.230
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23000000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.523
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.199
CY2024Q2	us-gaap	Loss Contingency Damages Awarded Value LossContingencyDamagesAwardedValue	45000000	usd
	us-gaap	Legal Fees LegalFees	60000000	usd
CY2024Q2	gxo	Loss Contingency Range Of Possible Loss Alleged Amount LossContingencyRangeOfPossibleLossAllegedAmount	90000000	usd

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$GXO
GXO Logistics, Inc. Stock $gxo

2024 Q3 Form 10-Q Financial Statement

#000185224424000028 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GXO GXO Logistics, Inc. Stock $gxo

2024 Q3 Form 10-Q Financial Statement

#000185224424000028 Filed on August 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GXO
GXO Logistics, Inc. Stock $gxo