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GXO Logistics vs XPO: revenue, profit, margins and growth compared

GXO Logistics brought in $13.2B of revenue in fiscal 2025, XPO $8.2B in fiscal 2025. Revenue changed by +12.5% at GXO Logistics and +1.1% at XPO on the year before, so GXO Logistics grew faster. GXO Logistics kept 0.2% of its revenue as net profit, XPO 3.9%. Free cash flow was $110M at GXO Logistics and $329M at XPO.

Side by side, latest fiscal year

GXOXPO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$13.2B$8.2B
Revenue growth+12.5%+1.1%
Net income$32M$316M
Net margin0.2%3.9%
Free cash flow$110M$329M
Free cash flow margin0.8%4.0%
Earnings per share (diluted)$0.28$2.64
Cash$854M$310M
Debt$3.1B$3.4B
Price to earnings161.465.6
Market value$5.2B$20.3B
Dividend yieldn/an/a
Rank by revenue in sector#99 of 778 · Consumer discretionary#138 of 778 · Consumer discretionary

Over the years

Revenue
GXO FY2019: $6.1BGXO FY2021: $6.2BGXO FY2021: $7.9BGXO FY2022: $9BGXO FY2023: $9.8BGXO FY2024: $11.7BGXO FY2025: $13.2BXPO FY2018: $17.3BXPO FY2019: $10.7BXPO FY2020: $6.2BXPO FY2021: $7.2BXPO FY2022: $7.7BXPO FY2023: $7.7BXPO FY2024: $8.1BXPO FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
GXO $13.2BXPO $8.2B
Net income
GXO FY2019: $60MGXO FY2021: -$31MGXO FY2021: $153MGXO FY2022: $197MGXO FY2023: $229MGXO FY2024: $134MGXO FY2025: $32MXPO FY2018: $422MXPO FY2019: $419MXPO FY2020: $110MXPO FY2021: $336MXPO FY2022: $666MXPO FY2023: $189MXPO FY2024: $387MXPO FY2025: $316MFY18FY19FY20FY21FY22FY23FY24FY25
GXO $32MXPO $316M
Net margin
GXO FY2019: 1.0%GXO FY2021: -0.5%GXO FY2021: 1.9%GXO FY2022: 2.2%GXO FY2023: 2.3%GXO FY2024: 1.1%GXO FY2025: 0.2%XPO FY2018: 2.4%XPO FY2019: 3.9%XPO FY2020: 1.8%XPO FY2021: 4.7%XPO FY2022: 8.6%XPO FY2023: 2.4%XPO FY2024: 4.8%XPO FY2025: 3.9%FY18FY19FY20FY21FY22FY23FY24FY25
GXO 0.2%XPO 3.9%
Revenue growth
GXO FY2021: +1.7%GXO FY2021: +28.2%GXO FY2022: +13.3%GXO FY2023: +8.7%GXO FY2024: +19.7%GXO FY2025: +12.5%XPO FY2019: -38.2%XPO FY2020: -42.3%XPO FY2021: +16.8%XPO FY2022: +7.2%XPO FY2023: +0.3%XPO FY2024: +4.2%XPO FY2025: +1.1%FY19FY20FY21FY22FY23FY24FY25
GXO +12.5%XPO +1.1%
Free cash flow
GXO FY2019: -$77MGXO FY2021: $111MGXO FY2021: $205MGXO FY2022: $200MGXO FY2023: $284MGXO FY2024: $190MGXO FY2025: $110MXPO FY2018: $551MXPO FY2019: $250MXPO FY2020: $139MXPO FY2021: $387MXPO FY2022: $303MXPO FY2023: -$839MXPO FY2024: $19MXPO FY2025: $329MFY18FY19FY20FY21FY22FY23FY24FY25
GXO $110MXPO $329M

Fiscal years as each company reports them; the two may end in different months.

Questions about GXO Logistics and XPO

Which is bigger by revenue, GXO Logistics or XPO?

GXO Logistics is bigger by revenue: $13.2B in fiscal 2025, against $8.2B for XPO in fiscal 2025.

Which keeps more of its revenue as profit, GXO Logistics or XPO?

GXO Logistics had a net margin of 0.2% in fiscal 2025; XPO had 3.9% in fiscal 2025.

Which grew revenue faster, GXO Logistics or XPO?

In their latest fiscal years revenue changed by +12.5% at GXO Logistics and +1.1% at XPO.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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