Below are the financial statements of GXO Logistics, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 11,709a | 9,778a | 8,993a |
| Direct operating expense | -9,853a | -8,035a | -7,443a |
| Selling, general and administrative expense | -1,061a | -998a | -886a |
| Depreciation and amortization expense | -415a | -361a | -329a |
| Transaction and integration costs | -76a | -34a | -61a |
| Restructuring costs and other | -27a | -32a | -32a |
| Litigation expense | -59a | 0a | 0a |
| Operating income | 218a | 318a | 242a |
| Other income, net | 31a | 1a | 51a |
| Interest expense, net | -103a | -53a | -29a |
| Income before income taxes | 146a | 266a | 264a |
| Income tax expense | -8a | -33a | -64a |
| Net income | 138a | 233a | 200a |
| Net income attributable to noncontrolling interests (NCI) | -4a | -4a | -3a |
| Net income attributable to GXO | 134a | 229a | 197a |
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