Recent News
May 5, 2026: GXO released first-quarter 2026 results and guidance updates reporting revenue growth and reiterating targets. March 18, 2026: GXO launched an AI-driven autonomous-vehicle pilot in warehouses in collaboration with KION, NVIDIA and Accenture. March 30, 2026: GXO expanded logistics services for NHS England. March 12, 2026: GXO joined Amentum, Accenture and Maersk in a UK defence‑sector supply‑chain alliance. February 25, 2026: GXO began a multi‑year B2B logistics partnership with Hunkemöller in the Netherlands.
Technical Analysis
The ADX sits at 20.82, indicating an emerging trend rather than a clear directional move; DI+ at 19.41 is decreasing while DI‑ at 30.4 shows a dip-and-reversal, both signaling directional weakness that aligns with the valuation pressure noted above.
MACD reads -0.94 with a peak‑and‑reversal pattern and the signal line at -0.25; that configuration indicates bearish momentum and suggests momentum must stabilize before price can re-align with WMDST’s valuation context.
MRO equals 11.23 and shows a peak‑and‑reversal; because MRO sits positive, price sits above the model target and this implies downward pressure that would need resolution before the recent operational wins translate into sustained upside.
RSI at 48.2 with a peak‑and‑reversal indicates faded buying pressure and a neutral-to-negative short-term momentum profile; the indicator supports a cautious near-term outlook until RSI reclaims higher ground.
Price sits below most short- and long-term averages (close $51.88 vs 200‑day average $54.10 and 20‑day average $54.90) and near the lower Bollinger band ($50.58 lower 1σ), implying the market currently prices in limited upside despite active volume above the 10‑day average. Elevated short‑term beta (42‑day 1.93) and higher 10‑day vs 200‑day volume reinforce the potential for volatile, range‑bound moves until MACD or DI cross back to bullish behavior.
Fundamental Analysis
Revenue growth shows a healthy trajectory: YoY revenue growth near 11.98% and QoQ growth about 13.37%, supporting the revenue line in the context of recent contract wins and automation deployments. Total revenue stands at $3,507,000,000 with gross profit $425,000,000 and gross margin of 12.12% (gross margin YoY down ~1.54 percentage points).
Profitability compresses: EBIT equals $65,000,000 for an EBIT margin of 1.85%, down 53.05% QoQ and down 37.92% YoY. That margin sits well below the industry peer mean EBIT margin of 19.60% and industry peer median of 10.78%, signaling materially lower operating profit per dollar of sales versus peers despite revenue expansion.
Operating margin registers 3.91%, which improved YoY by roughly 30.85% but remains modest in absolute terms; operating income totals $137,000,000. Net income reached $43,000,000 while EPS beat estimates ($0.50 actual vs $0.37 estimate), producing an EPS surprise ratio of about 35.14%, which supports confidence in near-term earning delivery though margins remain thin.
Leverage and coverage pose constraints: total debt $5,854,000,000 with net debt $2,211,000,000 and debt/EBITDA of ~31.64x, indicating elevated leverage relative to cash flow. Interest coverage reads -65.0 (negative), which, together with debt metrics, increases financial rigidity and weighs on valuation multiples (enterprise multiple ~61.01).
Liquidity mixes cash of $854,000,000 against total current liabilities $3,875,000,000 and a current ratio of 0.85 (below the industry peer mean current ratio of 1.28); free cash flow of $115,000,000 produces a free cash flow yield of ~1.83%, a modest cash return given the capital structure. Book value per share near $26.05 and P/B about 2.11 sit below the industry peer mean P/B of 5.05 and median of 5.25.
Valuation summary: forward EPS about $0.869 and forward P/E roughly 60.25, while trailing P/E sits near 148.38—multiples reflect growth expectations but also the stretched margin and leverage profile. The current valuation as determined by WMDST: over‑valued, driven by modest cash yields, thin current margins relative to industry peer mean/median, and elevated leverage that constrains upside until margin recovery or leverage reduction materializes.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-05-05 |
| NEXT REPORT DATE: | 2026-08-04 |
| 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 | $ 0.37 | |
| EPS Actual | $ 0.50 | |
| EPS Difference | $ 0.13 | |
| EPS Surprise | 35.135 % | |
| 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: 187.936 mean: 108.796 median: 96.707 GXO: 61.009 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 mean: 0.187 median: 0.117 low: 0.001 |
|
| 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: 0.695 median: 0.173 low: 0.001 |
|
| 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 median: 5.252 mean: 5.051 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: 41.999 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: 3.91 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 GXO: 0.29 mean: 0.23 median: 0.194 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: 1.283 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: 22.302 % GXO: 3.299 % mean: 1.532 % median: -4.737 % low: -7.198 % |
|
| Earnings Growth | -53.165 % | |
| Earnings Growth QoQ | -237.747 % | |
| Earnings Growth YoY | -300.004 % | |
| Earnings Growth IPRWA | high: 88.889 % mean: 12.513 % median: 8.602 % 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: 18.26 % GXO: 12.119 % low: 5.091 % |
|
| EBIT Margin | 1.853 % | |
| EBIT Margin QoQ | -53.053 % | |
| EBIT Margin YoY | -37.923 % | |
| EBIT Margin IPRWA | high: 32.197 % mean: 19.603 % median: 10.777 % GXO: 1.853 % low: -5.813 % |
|
| Return On Sales (ROS) | 3.906 % | |
| Return On Sales QoQ | -1.761 % | |
| Return On Sales YoY | 30.854 % | |
| Return On Sales IPRWA | high: 32.197 % mean: 19.551 % median: 10.519 % 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 % median: 1.962 % GXO: 1.829 % mean: 1.29 % low: -10.249 % |
|
| Free Cash Growth | 30.682 % | |
| Free Cash Growth QoQ | -110.227 % | |
| Free Cash Growth YoY | -245.041 % | |
| Free Cash Growth IPRWA | high: 242.921 % GXO: 30.682 % median: 9.241 % mean: -3.747 % 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: 2.234 % mean: 2.126 % 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 mean: 0.047 median: 0.032 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 % mean: 3.083 % median: 2.015 % GXO: 0.7 % low: -6.797 % |
|