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Sep 30, 2022
GXO Logistics Q3 2022 Earnings Report
GXO Logistics reported strong operating and financial results, achieving its highest-ever quarterly revenue and significant year-over-year growth in adjusted EBITDA.
Key Takeaways
GXO Logistics reported a revenue increase to $2.3 billion, a net income of $63 million, and an adjusted EBITDA of $192 million. The company reiterated its full-year guidance and highlighted the ongoing integration of Clipper Logistics.
Third quarter revenue reached $2.3 billion, up 16% year-over-year, with 16% organic revenue growth.
Net income attributable to GXO was $63 million, with adjusted EBITDA at $192 million.
Diluted EPS was $0.53, and adjusted diluted EPS was $0.75.
Full-year 2022 guidance reiterated, including 12-16% organic revenue growth and adjusted EBITDA of $715-$750 million.
GXO Logistics
GXO Logistics
GXO Logistics Revenue by Segment
GXO Logistics Revenue by Geographic Location
Revenue by Segment
Omnichannel retail Revenue
CapyFin.comTechnology and consumer electronics Revenue
CapyFin.comIndustrial and manufacturing Revenue
CapyFin.comFood and beverage Revenue
CapyFin.comConsumer packaged goods Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
United Kingdom Revenue
CapyFin.comUnited States Revenue
CapyFin.comNetherlands Revenue
CapyFin.comFrance Revenue
CapyFin.comSpain Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
GXO is reiterating its full-year 2022 guidance, including 12%-16% organic revenue growth and adjusted diluted earnings per share of $2.70-$2.90.
Positive Outlook
- Organic revenue growth of 12%-16%.
- Adjusted diluted earnings per share of $2.70-$2.90.
- Adjusted EBITDA of $715 million to $750 million.
- Return on invested capital of greater than 30%.
- Free cash flow of approximately 30% of adjusted EBITDA.
Revenue & Expenses
Visualization of income flow from segment revenue to net income