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GXO Logistics (GXO Logistics) Net Income : $229 Mil (TTM As of Dec. 2023)


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What is GXO Logistics Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. GXO Logistics's Net Income for the three months ended in Dec. 2023 was $73 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $229 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. GXO Logistics's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.61.


GXO Logistics Net Income Historical Data

The historical data trend for GXO Logistics's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GXO Logistics Net Income Chart

GXO Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 60.00 -31.00 153.00 197.00 229.00

GXO Logistics Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.00 25.00 65.00 66.00 73.00

GXO Logistics Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

GXO Logistics's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=266+-33+0+-4
=229

GXO Logistics's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=68+5+0+0
=73

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $229 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GXO Logistics  (NYSE:GXO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

GXO Logistics's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


GXO Logistics Net Income Related Terms

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GXO Logistics (GXO Logistics) Business Description

Traded in Other Exchanges
Address
Two American Lane, Greenwich, CT, USA, 06831
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.
Executives
Gena L Ashe director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Matthew J. Fassler director TWO AMERICAN LANE, GREENWICH CT 06831
Malcolm Wilson director, officer: Chief Executive Officer TWO AMERICAN LANE, GREENWICH CT 06831
S Jacobs Bradley director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Jacobs Private Equity, Llc director, 10 percent owner 350 ROUND HILL ROAD, GREENWICH CT 06831
Karlis Kirsis officer: Chief Legal Officer TWO AMERICAN LANE, GREENWICH CT 06831
Elizabeth Fogarty officer: Chief Communications Officer TWO AMERICAN LANE, GREENWICH CT 06831
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Oren Shaffer director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Marlene M Colucci director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Maryclaire Hammond officer: Chief Human Resources Officer TWO AMERICAN LANE, GREENWICH CT 06831
Joli L. Gross director TWO AMERICAN LANE, GREENWICH CT 06831
Paul Blanchett officer: Chief Accounting Officer TWO AMERICAN LANE, GREENWICH CT 06831
Clare Chatfield director TWO AMERICAN LANE, GREENWICH CT 06831
Xpo Logistics, Inc. 10 percent owner FIVE AMERICAN LANE, GREENWICH CT 06831