NYSE$GXO
GXO Logistics Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
GXO Logistics reported record organic revenue growth and highest-ever new business wins, reflecting the value brought to customers.
GXO Logistics reported a strong second quarter with a 15% increase in revenue to $2.2 billion and organic revenue growth of 20%. Net income attributable to GXO was $51 million, and adjusted EBITDA was $176 million. The company also raised its full-year guidance for organic revenue growth and adjusted EBITDA.
- Second quarter revenue increased by 15% year-over-year to $2.2 billion, with organic revenue growth of 20%.
- Net income attributable to GXO was $51 million, with diluted EPS of $0.44 and adjusted diluted EPS of $0.68, a 55% growth.
- Adjusted EBITDA increased to $176 million.
- Highest-ever quarterly new business wins of $475 million were achieved.
Headline financials
Revenue & EPS history
GXO Logistics · Revenue · Quarterly
$2.16B
Revenue by segment
GXO Logistics · $2.02B total across 4 segments · Q2 2022
- Omnichannel retail$1.19B—59.0%
- Food and beverage$336M+7.7%16.6%
- Industrial and manufacturing$269M+7.2%13.3%
- Consumer packaged goods$224M+21.7%11.1%
Forward guidance
GXO is updating its full-year 2022 guidance.
Tailwinds
- Organic revenue growth of 12%-16% (previously 11%-15%)
- Adjusted diluted earnings per share of $2.70-$2.90 (unchanged)
- Adjusted EBITDA of $715 million to $750 million (previously $707 million to $742 million)
- Return on invested capital of greater than 30% (unchanged)
- Free cash flow of approximately 30% of adjusted EBITDA (unchanged)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+1.0%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+2.8%
Avg return
30 days after
63%
15 / 24 earnings
Positive
+9.2%
Q4 2025
Best reaction
-15.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.0% | +0.8% | -2.6% | |
| Q4 2025 | +9.2% | +12.9% | -9.5% | |
| Q3 2025 | -5.0% | -7.9% | -5.1% | |
| Q1 2025 | +4.1% | +6.5% | +10.8% | |
| Q4 2024 | -15.1% | -3.7% | -6.1% | |
| Q3 2024 | -1.5% | +2.0% | -13.2% | |
| Q2 2024 | -3.9% | -3.2% | -3.4% | |
| Q1 2024 | -1.0% | +3.5% | -1.1% | |
| Q4 2023 | -4.6% | -3.4% | -12.1% | |
| Q3 2023 | +3.1% | +1.4% | +8.7% | |
| Q2 2023 | -4.0% | -2.2% | -1.5% | |
| Q1 2023 | +2.8% | +5.5% | +16.4% | |
| Q4 2022 | -5.3% | -6.6% | -13.6% | |
| Q3 2022 | +2.2% | +24.1% | +21.2% | |
| Q2 2022 | +4.5% | -3.6% | -12.8% | |
| Q1 2021 | -2.1% | -8.2% | -11.8% | |
| Q1 2022 | +4.1% | -7.8% | -9.1% | |
| Q4 2021 | +4.3% | -1.3% | -8.9% | |
| Q3 2020 | +8.8% | +2.9% | +1.4% | |
| Q3 2021 | +6.8% | +5.3% | +3.6% | |
| Q2 2020 | +3.0% | +22.6% | +29.1% | |
| Q2 2021 | +3.0% | +22.6% | +29.1% | |
| Q4 2020 | +3.0% | +22.6% | +29.1% | |
| Q4 2019 | +3.0% | +22.6% | +29.1% | |
| Q1 2020 | — | — | — |
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