GXO Logistics Inc (GXO)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,003,000 | 3,106,000 | 2,901,000 | 2,869,000 | 2,912,000 | 2,784,000 | 2,778,000 | 2,685,000 | 2,645,000 | 2,569,000 | 2,530,000 | 2,341,000 | 2,351,000 | 2,296,000 | 2,874,000 | 2,919,000 | 2,823,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,003,000K)
= 0.00
The debt-to-capital ratio of GXO Logistics Inc has consistently remained at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations or expansions during this period. A debt-to-capital ratio of 0.00 reflects that the company's capital structure primarily consists of equity rather than debt.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-capital ratio
GXO Logistics Inc
GXO
0.00
Booking Holdings Inc
BKNG
—
Expedia Group Inc.
EXPE
0.77
GATX Corporation
GATX
0.00
RXO Inc.
RXO
0.00
Verra Mobility Corp
VRRM
0.00
XPO Logistics Inc
XPO
0.67