$GXO
GXO Logistics, Inc.

2024 Q4 Form 10-Q Financial Statement

#000185224424000033 Filed on November 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $3.157B
YoY Change 27.76%
Cost Of Revenue $2.671B
YoY Change 32.75%
Gross Profit $486.0M
YoY Change 5.88%
Gross Profit Margin 15.39%
Selling, General & Admin $265.0M
YoY Change 2.71%
% of Gross Profit 54.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $111.0M
YoY Change 9.9%
% of Gross Profit 22.84%
Operating Expenses $265.0M
YoY Change 2.71%
Operating Profit $81.00M
YoY Change -10.0%
Interest Expense -$33.00M
YoY Change -335.71%
% of Operating Profit -40.74%
Other Income/Expense, Net -$6.000M
YoY Change -185.71%
Pretax Income $42.00M
YoY Change -49.4%
Income Tax $7.000M
% Of Pretax Income 16.67%
Net Earnings $33.00M
YoY Change -50.0%
Net Earnings / Revenue 1.05%
Basic Earnings Per Share $0.28
Diluted Earnings Per Share $0.28
COMMON SHARES
Basic Shares Outstanding 119.5M shares 119.5M shares
Diluted Shares Outstanding 119.8M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $548.0M
YoY Change 15.86%
Cash & Equivalents $548.0M
Short-Term Investments
Other Short-Term Assets $443.0M
YoY Change 33.43%
Inventory
Prepaid Expenses
Receivables $1.968B
Other Receivables $0.00
Total Short-Term Assets $2.959B
YoY Change 19.99%
LONG-TERM ASSETS
Property, Plant & Equipment $3.662B
YoY Change 19.83%
Goodwill $3.676B
YoY Change 34.46%
Intangibles $1.061B
YoY Change 109.27%
Long-Term Investments
YoY Change
Other Assets $542.0M
YoY Change 65.24%
Total Long-Term Assets $8.941B
YoY Change 34.96%
TOTAL ASSETS
Total Short-Term Assets $2.959B
Total Long-Term Assets $8.941B
Total Assets $11.90B
YoY Change 30.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $748.0M
YoY Change 25.29%
Accrued Expenses $1.411B
YoY Change 44.72%
Deferred Revenue $255.0M
YoY Change 39.34%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $223.0M
YoY Change 757.69%
Total Short-Term Liabilities $3.432B
YoY Change 41.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.556B
YoY Change 57.68%
Other Long-Term Liabilities $704.0M
YoY Change 68.02%
Total Long-Term Liabilities $5.327B
YoY Change 38.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.432B
Total Long-Term Liabilities $5.327B
Total Liabilities $8.759B
YoY Change 39.61%
SHAREHOLDERS EQUITY
Retained Earnings $586.0M
YoY Change 22.34%
Common Stock $1.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.106B
YoY Change
Total Liabilities & Shareholders Equity $11.90B
YoY Change 30.9%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $33.00M
YoY Change -50.0%
Depreciation, Depletion And Amortization $111.0M
YoY Change 9.9%
Cash From Operating Activities $198.0M
YoY Change -18.52%
INVESTING ACTIVITIES
Capital Expenditures $94.00M
YoY Change 70.91%
Acquisitions
YoY Change
Other Investing Activities $1.000M
YoY Change -66.67%
Cash From Investing Activities -$93.00M
YoY Change 78.85%
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
YoY Change 86.67%
NET CHANGE
Cash From Operating Activities 198.0M
Cash From Investing Activities -93.00M
Cash From Financing Activities -28.00M
Net Change In Cash 77.00M
YoY Change -56.25%
FREE CASH FLOW
Cash From Operating Activities $198.0M
Capital Expenditures $94.00M
Free Cash Flow $104.0M
YoY Change -44.68%

Facts In Submission

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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2024Q3 us-gaap Restricted Cash
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CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2024Q3 us-gaap Profit Loss
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CY2024Q3 us-gaap Proceeds From Sale Of Finance Receivables
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CY2023Q3 us-gaap Proceeds From Sale Of Finance Receivables
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CY2024Q3 us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
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CY2023Q3 us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2024Q3 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent
CY2024Q3 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent
CY2023Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations
CY2024Q3 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-2098312
dei Entity Address Address Line1
EntityAddressAddressLine1
Two American Lane
dei Entity Address City Or Town
EntityAddressCityOrTown
Greenwich
dei Entity Address State Or Province
EntityAddressStateOrProvince
CT
dei City Area Code
CityAreaCode
203
dei Local Phone Number
LocalPhoneNumber
489-1287
dei Security12b Title
Security12bTitle
Common stock, par value $0.01 per share
dei Trading Symbol
TradingSymbol
GXO
CY2023Q3 gxo Spinoff Transaction And Integration Costs
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gxo Spinoff Transaction And Integration Costs
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gxo Spinoff Transaction And Integration Costs
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CY2024Q3 us-gaap Legal Fees
LegalFees
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CY2023Q3 us-gaap Legal Fees
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us-gaap Legal Fees
LegalFees
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us-gaap Legal Fees
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CY2024Q3 us-gaap Operating Income Loss
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CY2023Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Other Nonoperating Income Expense
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CY2024Q3 us-gaap Interest Expense Nonoperating
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CY2023Q3 us-gaap Interest Expense Nonoperating
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us-gaap Interest Expense Nonoperating
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us-gaap Interest Expense Nonoperating
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CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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119430000 shares
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
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CY2024Q3 us-gaap Assets Noncurrent
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CY2023Q4 us-gaap Assets Noncurrent
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CY2024Q3 us-gaap Preferred Stock Shares Outstanding
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CY2024Q3 us-gaap Preferred Stock Shares Issued
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CY2023Q4 us-gaap Stockholders Equity
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CY2023Q4 us-gaap Minority Interest
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us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Debt
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2023Q3 us-gaap Restricted Cash
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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11000000 usd
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Stock Issued During Period Value Other
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Profit Loss
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CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Stock Issued During Period Value Other
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain amounts reported for prior periods have been reclassified to conform to the current period’s presentation.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2024Q3 us-gaap Contract With Customer Asset Net Current
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CY2023Q4 us-gaap Contract With Customer Asset Net Current
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CY2023Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
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CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2024Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2024Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
3900000000 usd
CY2024Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.77
CY2024Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3Y
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
681000000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
597000000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2748000000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2439000000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
198000000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
107000000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
26000000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
205000000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
90000000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
242000000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
116000000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
239000000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
163000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
616000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
561000000 usd
CY2024Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
53000000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
78000000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
153000000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
170000000 usd
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
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CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
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us-gaap Variable Lease Cost
VariableLeaseCost
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us-gaap Variable Lease Cost
VariableLeaseCost
93000000 usd
CY2024Q3 gxo Total Operating Lease Costs
TotalOperatingLeaseCosts
319000000 usd
CY2023Q3 gxo Total Operating Lease Costs
TotalOperatingLeaseCosts
277000000 usd
gxo Total Operating Lease Costs
TotalOperatingLeaseCosts
882000000 usd
gxo Total Operating Lease Costs
TotalOperatingLeaseCosts
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CY2024Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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CY2024Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2024Q3 gxo Finance Lease Cost
FinanceLeaseCost
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CY2023Q3 gxo Finance Lease Cost
FinanceLeaseCost
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gxo Finance Lease Cost
FinanceLeaseCost
29000000 usd
gxo Finance Lease Cost
FinanceLeaseCost
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CY2024Q3 us-gaap Lease Cost
LeaseCost
332000000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
LeaseCost
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us-gaap Lease Cost
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
150000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
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CY2023Q4 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2024Q3 us-gaap Goodwill
Goodwill
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CY2024Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2779000000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1647000000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
223000000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
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CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1620000000 usd
CY2024Q3 gxo Accounts Receivable Sold In Factoring Programs
AccountsReceivableSoldInFactoringPrograms
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gxo Accounts Receivable Sold In Factoring Programs
AccountsReceivableSoldInFactoringPrograms
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gxo Accounts Receivable Sold In Factoring Programs
AccountsReceivableSoldInFactoringPrograms
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us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
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us-gaap Proceeds From Sale Of Finance Receivables
ProceedsFromSaleOfFinanceReceivables
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us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
158000000 usd
us-gaap Proceeds From Repayments Of Accounts Receivable Securitization
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33000000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
156000000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119461000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118941000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119387000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118883000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119793000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119645000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119718000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119430000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1138000 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1306000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1095000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1576000 shares
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15000000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.165
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38000000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.191
CY2024Q2 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
45000000 usd
us-gaap Legal Fees
LegalFees
59000000 usd
CY2024Q3 gxo Loss Contingency Range Of Possible Loss Alleged Amount
LossContingencyRangeOfPossibleLossAllegedAmount
84000000 eur
CY2024Q3 gxo Loss Contingency Range Of Possible Loss Alleged Amount
LossContingencyRangeOfPossibleLossAllegedAmount
93000000 usd

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