GXO Logistics Q4 2024 Earnings Report

Key Takeaways

GXO Logistics delivered record revenue of $3.25 billion in Q4 2024, reflecting a 25.48% YoY increase. Net income rose by 36.99% YoY, and adjusted EPS increased by 42.86%. Organic revenue growth was 3.9%, driven by strong performance in omnichannel retail and industrial manufacturing.

Total Revenue

$3.25B

Previous year: $2.59B

+25.5%

EPS

Previous year: $0.7

+42.9%

Operating Margin

3.11%

Previous year: 3.37%

-7.7%

Adjusted EBITDA

$251M

Previous year: $193M

+30.1%

Adjusted EBITDA Margin

7.72%

Previous year: 7.45%

+3.6%

Cash and Equivalents

$413M

Previous year: $468M

-11.8%

Free Cash Flow

$127M

Previous year: $146M

-13.0%

GXO Logistics Revenue

GXO Logistics EPS

GXO Logistics Revenue by Segment

GXO Logistics Revenue by Geographic Location

Forward Guidance

GXO expects organic revenue growth between 3% and 6% in 2025, supported by a strong sales pipeline and continued expansion in key markets. Adjusted EBITDA is projected between $840 million and $860 million, with a focus on automation and operational efficiencies.

Positive Outlook

Strong sales pipeline with 15% YoY increase
Expansion in health sciences with a $2.5B contract
Growth in key verticals and geographic markets like Germany
Continued momentum in automation and outsourcing trends
Improving customer satisfaction with high retention rates

Challenges Ahead

Foreign exchange rate volatility may impact revenue
Higher interest expenses due to increased debt levels
Regulatory review delays for the Wincanton acquisition
Lower free cash flow conversion compared to last year
Competitive pricing pressures in core markets