GXO Logistics vs RXO
GXO Logistics is the larger business, with $13.18bn of revenue in fiscal 2025 against $5.74bn for RXO (2.3 times as much). RXO grew faster (26.2% against 12.5%). GXO Logistics kept more of each dollar of sales as profit: a net margin of 0.2% against -1.7%. RXO carries less debt relative to equity (26.2% against 102.7%).
| Latest fiscal year | GXO LogisticsGXO, 2025 | RXORXO, 2025 |
|---|---|---|
| Revenue | $13.18bn | $5.74bn |
| Revenue growth | 12.5% | 26.2% |
| Net income | $32.0m | −$100m |
| Operating margin | 1.9% | -1.4% |
| Net margin | 0.2% | -1.7% |
| Return on equity | 1.1% | -6.3% |
| Free cash flow | $110m | −$8.0m |
| Cash | $854m | $17.0m |
| Total debt | $3.06bn | $404m |
| Debt to equity | 102.7% | 26.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $200m | $0 |
| Employees | 154,000 | — |
| Market value | $6.01bn | $4.67bn |
| Price vs our value range | Within our value range | — |
| Moat score | 29 (Weak) | 18 (Weak) |
| Insider trades, 12 months | 1 buys, 0 sales | 7 buys, 1 sales |