Recent News
On April 1, 2026 GXO appointed Mark Suchinski as Chief Financial Officer. The company earlier named Bart Beeks as its first Chief Operating Officer effective January 2, 2026. GXO began a multi-year B2B logistics partnership with Hunkemöller that launched January 1, 2026, using a highly automated European site. The Chief Accounting Officer announced resignation with an April 24, 2026 last day.
Technical Analysis
The ADX at 32.95 signals a strong trend environment; trend strength supports a near-term directional bias without implying direction on its own.
Directional indicators show DI+ at 15.85 with a dip-and-reversal, which reads as bullish, while DI- at 31.0 trending lower also reads as bullish; the paired signals favor upside pressure within the current strong-trend regime.
MACD sits negative at -1.89 but shows a dip-and-reversal pattern and an improving momentum slope; MACD remains marginally below its signal line (-1.87), so momentum improving but no confirmed MACD crossover.
MRO at -6.94 indicates the price trades below the model target and therefore carries potential for upward mean reversion; the recent dip-and-reversal in MRO aligns with the improving MACD.
RSI at 46.65 with a dip-and-reversal reflects building buying interest without overbought conditions, supporting controlled upside rather than a momentum extreme.
Price relationships provide context: the close at $53.48 sits slightly above the 1x Bollinger upper band ($53.37) and just above the 12-day EMA ($52.12, dip-and-reversal), while remaining below the 50-day average ($57.48) and the Ichimoku Kijun ($57.24) and cloud components—this mix implies short-term strength but overhead resistance toward the 50-day and cloud levels.
Volatility and beta remain elevated (42-day beta 1.74; 52-week beta 1.41), which magnifies swing potential and increases sensitivity to company-level catalysts; volume near recent averages offers modest conviction for the present move.
Fundamental Analysis
Revenue and cash flow show resilience: total revenue reached $3,507,000,000 with YoY revenue growth of 11.98% and QoQ growth of 13.37%, supporting operating scale. Operating income of $137,000,000 and EBITDA of $185,000,000 accompany free cash flow of $115,000,000 and a free-cash-flow yield of 1.83% (slightly below the industry peer mean of 2.17%).
Profitability compressions appear significant: EBIT of $65,000,000 yields an EBIT margin of 1.85%, down 53.05% QoQ and down 37.92% YoY, leaving the margin below the industry peer mean (8.13%) and median (8.10%). Operating margin at 3.91% shows positive YoY improvement but negative QoQ movement in absolute terms.
Earnings and analyst details present mixed signals. Reported EPS of $0.37 missed the $0.60 estimate, an EPS surprise of -38.33%. Forward EPS embeds a lower multiple (forward PE ~60.25) versus trailing PE of 148.38, reflecting compressed trailing earnings and a market discounting of near-term earnings power. Guidance commentary and synergy targets tied to recent integration efforts factor into the near-term earnings path.
Leverage and interest dynamics require attention: total debt $5,854,000,000 with net debt ~$2,211,000,000, debt-to-EBITDA near 31.64, and debt-to-equity ~1.96 (above the industry peer mean of 1.35). Interest coverage reads negative (about -65), reflecting interest and non-operating items that depress coverage—balance-sheet repair and cash generation therefore drive the valuation sensitivity.
Key operating efficiency metrics present a mixed picture: asset turnover at 0.290 (below the industry peer mean of 0.376) and receivables days aligning with working-capital pressure (net working capital negative). Cash conversion shows a negative cash conversion ratio near -5.97, while cash flow to earnings sits above parity at ~267% indicating strong cash conversion from certain working-capital movements.
Valuation context: WMDST values the stock as over-valued. Trailing multiples (PE 148.38, EV multiple ~61.01) and elevated leverage weigh against the modest profit margins and the company’s strong revenue growth; the market appears to price a recovery that depends on margin expansion and debt metrics improving.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-02-10 |
| NEXT REPORT DATE: | 2026-05-12 |
| CASH FLOW | Begin Period Cash Flow | $ 344.0 M |
| Operating Cash Flow | $ 170.0 M | |
| Capital Expenditures | $ -55.00 M | |
| Change In Working Capital | $ -25.00 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 513.0 M | |
| End Period Cash Flow | $ 857.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 3.5 B | |
| Forward Revenue | $ 2.0 B | |
| COSTS | ||
| Cost Of Revenue | $ 3.1 B | |
| Depreciation | $ 91.0 M | |
| Depreciation and Amortization | $ 120.0 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 3.4 B | |
| PROFITABILITY | ||
| Gross Profit | $ 425.0 M | |
| EBITDA | $ 185.0 M | |
| EBIT | $ 65.0 M | |
| Operating Income | $ 137.0 M | |
| Interest Income | $ -31.00 M | |
| Interest Expense | $ -1.00 M | |
| Net Interest Income | $ -30.00 M | |
| Income Before Tax | $ 66.0 M | |
| Tax Provision | $ 23.0 M | |
| Tax Rate | 34.849 % | |
| Net Income | $ 43.0 M | |
| Net Income From Continuing Operations | $ 43.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.60 | |
| EPS Actual | $ 0.37 | |
| EPS Difference | $ -0.23 | |
| EPS Surprise | -38.333 % | |
| Forward EPS | $ 0.87 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 12.3 B | |
| Intangible Assets | $ 4.7 B | |
| Net Tangible Assets | $ -1.71 B | |
| Total Current Assets | $ 3.3 B | |
| Cash and Short-Term Investments | $ 854.0 M | |
| Cash | $ 854.0 M | |
| Net Receivables | $ 2.0 B | |
| Inventory | — | |
| Long-Term Investments | $ 570.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 758.0 M | |
| Short-Term Debt | $ 446.0 M | |
| Total Current Liabilities | $ 3.9 B | |
| Net Debt | $ 2.2 B | |
| Total Debt | $ 5.9 B | |
| Total Liabilities | $ 9.2 B | |
| EQUITY | ||
| Total Equity | $ 3.0 B | |
| Retained Earnings | $ 718.0 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 26.05 | |
| Shares Outstanding | 114.512 M | |
| Revenue Per-Share | $ 30.63 | |
| VALUATION | Market Capitalization | $ 6.3 B |
| Enterprise Value | $ 11.3 B | |
| Enterprise Multiple | 61.009 | |
| Enterprise Multiple QoQ | 37.684 % | |
| Enterprise Multiple YoY | 137.531 % | |
| Enterprise Multiple IPRWA | high: 115.89 GXO: 61.009 mean: 46.257 median: 34.234 low: -35.353 |
|
| EV/R | 3.218 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 4.111 | |
| Asset To Liability | 1.326 | |
| Debt To Capital | 0.662 | |
| Debt To Assets | 0.477 | |
| Debt To Assets QoQ | 3.335 % | |
| Debt To Assets YoY | 4791.496 % | |
| Debt To Assets IPRWA | high: 0.794 GXO: 0.477 median: 0.391 mean: 0.355 low: 0.033 |
|
| Debt To Equity | 1.962 | |
| Debt To Equity QoQ | 5.418 % | |
| Debt To Equity YoY | 5257.494 % | |
| Debt To Equity IPRWA | high: 2.844 GXO: 1.962 mean: 1.351 median: 1.342 low: 0.043 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 2.107 | |
| Price To Book QoQ | 3.72 % | |
| Price To Book YoY | 11.095 % | |
| Price To Book IPRWA | high: 10.221 mean: 5.236 median: 5.223 GXO: 2.107 low: 0.232 |
|
| Price To Earnings (P/E) | 148.377 | |
| Price To Earnings QoQ | 123.503 % | |
| Price To Earnings YoY | 211.237 % | |
| Price To Earnings IPRWA | high: 219.55 GXO: 148.377 mean: 72.996 median: 41.949 low: -140.344 |
|
| PE/G Ratio | -2.791 | |
| Price To Sales (P/S) | 1.793 | |
| Price To Sales QoQ | 1.359 % | |
| Price To Sales YoY | 2.268 % | |
| Price To Sales IPRWA | high: 17.053 mean: 4.113 median: 3.462 GXO: 1.793 low: 0.815 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 60.25 | |
| Forward PE/G | -1.133 | |
| Forward P/S | 3.105 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -15.609 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.29 | |
| Asset Turnover Ratio QoQ | 1.864 % | |
| Asset Turnover Ratio YoY | 3.432 % | |
| Asset Turnover Ratio IPRWA | high: 0.761 mean: 0.376 median: 0.339 GXO: 0.29 low: 0.008 |
|
| Receivables Turnover | 1.735 | |
| Receivables Turnover Ratio QoQ | 1.306 % | |
| Receivables Turnover Ratio YoY | 0.541 % | |
| Receivables Turnover Ratio IPRWA | high: 2.589 mean: 2.04 median: 1.983 GXO: 1.735 low: 1.171 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 52.598 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 27.149 median: 25.694 mean: 5.164 GXO: 0 low: -28.004 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -5.974 | |
| CapEx To Revenue | -0.016 | |
| CapEx To Depreciation | -0.604 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 5.6 B | |
| Net Invested Capital | $ 6.0 B | |
| Invested Capital | $ 6.0 B | |
| Net Tangible Assets | $ -1.71 B | |
| Net Working Capital | $ -587.00 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.22 | |
| Current Ratio | 0.849 | |
| Current Ratio QoQ | 18.962 % | |
| Current Ratio YoY | 2.458 % | |
| Current Ratio IPRWA | high: 2.155 mean: 1.267 median: 1.219 GXO: 0.849 low: 0.829 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 31.643 | |
| Cost Of Debt | 0.572 % | |
| Interest Coverage Ratio | -65.0 | |
| Interest Coverage Ratio QoQ | -2331.346 % | |
| Interest Coverage Ratio YoY | -3115.458 % | |
| Interest Coverage Ratio IPRWA | high: 24.425 mean: 11.616 median: 9.917 low: -7.955 GXO: -65.0 |
|
| Operating Cash Flow Ratio | 0.05 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 22.605 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 2.981 % | |
| Revenue Growth | 3.299 % | |
| Revenue Growth QoQ | 13.368 % | |
| Revenue Growth YoY | 11.982 % | |
| Revenue Growth IPRWA | high: 18.902 % mean: 5.679 % median: 5.507 % GXO: 3.299 % low: -7.198 % |
|
| Earnings Growth | -53.165 % | |
| Earnings Growth QoQ | -237.747 % | |
| Earnings Growth YoY | -300.004 % | |
| Earnings Growth IPRWA | high: 88.889 % mean: 16.369 % median: 8.17 % GXO: -53.165 % low: -75.342 % |
|
| MARGINS | ||
| Gross Margin | 12.119 % | |
| Gross Margin QoQ | -2.037 % | |
| Gross Margin YoY | -1.536 % | |
| Gross Margin IPRWA | high: 30.222 % median: 20.769 % mean: 17.719 % GXO: 12.119 % low: 5.091 % |
|
| EBIT Margin | 1.853 % | |
| EBIT Margin QoQ | -53.053 % | |
| EBIT Margin YoY | -37.923 % | |
| EBIT Margin IPRWA | high: 10.777 % mean: 8.127 % median: 8.096 % GXO: 1.853 % low: -49.872 % |
|
| Return On Sales (ROS) | 3.906 % | |
| Return On Sales QoQ | -1.761 % | |
| Return On Sales YoY | 30.854 % | |
| Return On Sales IPRWA | high: 10.519 % mean: 8.163 % median: 8.056 % GXO: 3.906 % low: -7.05 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 115.0 M | |
| Free Cash Flow Yield | 1.829 % | |
| Free Cash Flow Yield QoQ | 24.761 % | |
| Free Cash Flow Yield YoY | 27.102 % | |
| Free Cash Flow Yield IPRWA | high: 4.561 % mean: 2.166 % median: 1.962 % GXO: 1.829 % low: -3.721 % |
|
| Free Cash Growth | 30.682 % | |
| Free Cash Growth QoQ | -110.227 % | |
| Free Cash Growth YoY | -245.041 % | |
| Free Cash Growth IPRWA | high: 585.318 % GXO: 30.682 % median: 12.813 % mean: 7.964 % low: -504.706 % |
|
| Free Cash To Net Income | 2.674 | |
| Cash Flow Margin | 5.475 % | |
| Cash Flow To Earnings | 4.465 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 0.356 % | |
| Return On Assets QoQ | -28.081 % | |
| Return On Assets YoY | -58.749 % | |
| Return On Assets IPRWA | high: 4.15 % median: 2.479 % mean: 1.971 % GXO: 0.356 % low: -5.819 % |
|
| Return On Capital Employed (ROCE) | 0.775 % | |
| Return On Equity (ROE) | 0.014 | |
| Return On Equity QoQ | -27.792 % | |
| Return On Equity YoY | -56.697 % | |
| Return On Equity IPRWA | high: 0.11 median: 0.074 mean: 0.068 GXO: 0.014 low: -0.25 |
|
| DuPont ROE | 1.448 % | |
| Return On Invested Capital (ROIC) | 0.7 % | |
| Return On Invested Capital QoQ | -57.082 % | |
| Return On Invested Capital YoY | -102.768 % | |
| Return On Invested Capital IPRWA | high: 8.168 % median: 4.936 % mean: 4.004 % GXO: 0.7 % low: -6.797 % |
|