# GXO Logistics, Inc. (GXO)

> Source: Nexqual · https://nexqual.com/GXO · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, GXO Logistics, Inc. (GXO), nexqual.com/GXO" · informational, not investment advice.

**Price:** USD 48.91 (+0.99% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 48.43 · day 48.04–49.3 · 52w 43.61–66.85 · market cap $5.61B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $13.6B, net income $131M (1.0% margin), free cash flow $180M (SEC filings).
- Valuation: P/E 42.8x (avg 87.4x at the last 3 fiscal year-ends), EV/EBITDA 10.1x, net debt $2.43B.
- 1 of 80 tracked superinvestors hold GXO (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.76 on a 1–5 scale) (17 analysts), mean target USD 68.47 (range 55–90).
- Total return with dividends: 1Y -9.0% vs S&P 500 +14.9%; 5Y -42.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.85, revenue estimate $3.54B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.94B | $8.99B | $9.78B | $11.7B | $13.2B | $13.6B |
| Operating income | $151M | $242M | $318M | $218M | $245M | $328M |
| Net income | $153M | $197M | $229M | $134M | $32.0M | $131M |
| EPS (diluted) | $1.32 | $1.67 | $1.92 | $1.12 | $0.28 | — |
| Free cash flow | $205M | $200M | $284M | $190M | $110M | $180M |
| Operating margin | 1.9% | 2.7% | 3.3% | 1.9% | 1.9% | 2.4% |
| Net margin | 1.9% | 2.2% | 2.3% | 1.1% | 0.2% | 1.0% |
| Revenue growth | +28.2% | +13.3% | +8.7% | +19.7% | +12.5% | — |
| Cash + short-term investments | $333M | $495M | $468M | $413M | $854M | — |
| Total debt | $961M | $1.81B | $1.65B | $2.63B | $3.06B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 42.8x · P/S 0.4x · EV/EBITDA 10.1x · EV/Sales 0.6x · P/FCF 31.2x · P/B 1.9x · FCF yield 3.21% · Earnings yield 2.34% · Buyback yield (TTM) 0.32% · Net debt $2.43B · EV $8.04B
P/E at fiscal year-ends: Dec 2025 191.3x, Dec 2024 38.9x, Dec 2023 31.9x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold GXO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Glenn Welling | Engaged Capital | 15.46% | $49.9M | Added +19.8% |

## Analysts
Consensus Buy (mean 1.76 on a 1–5 scale), 17 analysts; mean target USD 68.47 (low 55, high 90).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | Goldman Sachs | Upgrade | Neutral → Buy | $61 |
| 2026-10-02 | Susquehanna | Target lowered | Positive | $62 → $60 |
| 2026-08-06 | UBS | Target lowered | Buy | $74 → $64 |
| 2026-08-06 | Susquehanna | Target lowered | Positive | $75 → $62 |
| 2026-07-15 | Truist Securities | Target lowered | Buy | $70 → $55 |
| 2026-07-15 | Stifel | Target lowered | Buy | $71 → $70 |
| 2026-07-08 | Stephens & Co. | Initiated | Overweight | $75 |
| 2026-07-06 | Morgan Stanley | Target raised | Overweight | $75 → $78 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -9.0% | -42.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -9.0% | -10.6% |
| Volatility (annualized) | 40.6% | 41.4% |
| Max drawdown | -32.7% (Feb 2026→Sep 2026) | -66.5% (Nov 2021→Apr 2025) |

## Peers (Integrated Freight & Logistics)
LSTR (Landstar System, Inc.) USD 169.39 -1.10% · PBI (Pitney Bowes Inc.) USD 17.54 +0.80% · ZTO (ZTO Express (Cayman) Inc.) USD 20.06 +0.96% · FDXF (FedEx Freight Holding Company, ) USD 111.02 +2.84% · CHRW (C.H. Robinson Worldwide, Inc.) USD 142.31 +0.96% · HUBG (Hub Group, Inc.) USD 26.47 +1.61%

## More
Full page: https://nexqual.com/GXO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GXO's own 10-K filed 2026-02-25 (https://www.sec.gov/Archives/edgar/data/1852244/000185224426000007/gxo-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | SAP (SAP) | "Our connection management software module facilitates integration with SAP, Oracle and other external systems, enabling our customers to get the maximum benefit from our technology." |
| Customer | Oracle (ORCL) | "Our connection management software module facilitates integration with SAP, Oracle and other external systems, enabling our customers to get the maximum benefit from our technology." |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| E-Commerce, Omnichannel and Consumer Technology | $1.64B | 47.6% | +0.7% |
| Technology and consumer electronics | $439.0M | 12.8% | +9.2% |
| Industrial And Manufacturing | $408.0M | 11.9% | +1.2% |
| Food and beverage | $341.0M | 9.9% | -5.0% |
| Consumer packaged goods | $331.0M | 9.6% | +14.1% |
| Other | $285.0M | 8.3% | +30.1% |
| Total revenue | $3.44B | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United Kingdom | $1.68B | 48.9% | +5.9% |
| United States | $782.0M | 22.7% | +2.0% |
| Netherlands | $256.0M | 7.4% | +1.2% |
| France | $213.0M | 6.2% | -1.4% |
| Other | $213.0M | 6.2% | +5.4% |
| Spain | $181.0M | 5.3% | +9.0% |
| Italy | $112.0M | 3.3% | +6.7% |
| Total revenue | $3.44B | 100% | — |

## Company outlook (8-K filed 2026-08-04)

- "Guidance 2 The Company updated guidance for the full year 2026 as follows: • Organic revenue growth 1 of 4% to 5%; • Adjusted EBITDA 1 of $945 million to $965 million (previously $935 million to $975 million); • Adjusted diluted EPS 1 of $2.95 to $3.15 (previously $2.90 to $3.20); and • Free cash flow conversion 1 of 30% to 40%."
- "Use participant passcode 13761436. 1 For definitions of non-GAAP measures see the "Non-GAAP Financial Measures" section in this press release. 2 Our guidance reflects current FX rates. 2 About GXO Logistics GXO Logistics, Inc."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.85 | $0.92 | -7.4% | $3.54B | 16 |
| Next quarter (ends 2026-12-31) | $1.08 | $1.04 | +4.0% | $3.65B | 16 |
| Current fiscal year (ends 2026-12-31) | $3.02 | $3.04 | -0.7% | $13.94B | 15 |
| Next fiscal year (ends 2027-12-31) | $3.52 | $3.53 | -0.4% | $14.62B | 16 |