Can GXO Logistics cover its short-term obligations?

Its current ratio is 0.85 — current liabilities exceed current assets.

Where does GXO Logistics's balance sheet data come from?

Every line is extracted from GXO Logistics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

GXO Logistics GXO Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$797M-7.0%	$857M+149%	$344M+66.2%	$207M-45.8%	$382M-21.2%
Restricted cash	$2M0.0%	$2M—	——	——	——
Accounts receivable, net	$8.01B+1.6%	$7.89B+3.0%	$7.66B+0.6%	$7.61B+0.5%	$7.57B+3.1%
Prepaid expenses and other current assets	$397M-2.2%	$406M-10.2%	$452M+4.1%	$434M-2.7%	$446M+4.0%
Contract assets	$32M-11.1%	$36M+12.5%	$32M-31.9%	$47M+46.9%	$32M-13.5%
Total current assets	$3.21B-2.3%	$3.29B+17.2%	$2.81B+8.4%	$2.59B-1.5%	$2.63B-0.5%
Property and equipment, net	$1.18B+2.6%	$1.15B-3.8%	$1.2B-5.3%	$1.26B+3.9%	$1.22B+4.8%
Accumulated depreciation	$2.18B+2.5%	$2.13B+4.9%	$2.03B+2.7%	$1.97B+7.2%	$1.84B+6.4%
Operating lease right-of-use assets	$2.63B+2.6%	$2.56B-1.0%	$2.59B-2.2%	$2.65B+11.8%	$2.37B+1.6%
Goodwill	$3.73B-1.3%	$3.78B+0.1%	$3.78B-1.3%	$3.83B+5.6%	$3.62B+2.1%
Intangible assets, net	$865M-4.8%	$909M-5.2%	$959M-4.9%	$1.01B+3.2%	$977M-0.9%
Deferred tax assets	-$3M+40.0%	-$5M—	$0+100%	-$15M-50.0%	-$10M-900%
Other non-current assets	$238M+1.3%	$235M+11.9%	$210M-1.4%	$213M+6.5%	$200M-66.7%
Total noncurrent assets	$8.98B+0.1%	$8.97B-1.4%	$9.1B-2.5%	$9.34B+7.4%	$8.69B+0.8%
Total assets	$12.19B-0.6%	$12.26B+3.0%	$11.91B-0.2%	$11.93B+5.3%	$11.32B+0.5%
Accounts payable	$2.88B-0.2%	$2.89B-0.6%	$2.9B-1.1%	$2.94B0.0%	$2.93B+3.7%
Accrued expenses	$413M-4.8%	$434M+0.9%	$430M-16.7%	$516M+30.3%	$396M+2.9%
Deferred revenue	$267M-4.3%	$279M+5.7%	$264M-8.0%	$287M+4.0%	$276M+1.5%
Current portion of long-term debt	$463M+3.8%	$446M-14.6%	$522M+480%	$90M-48.6%	$175M+59.1%
Operating lease liabilities, current	$749M+0.5%	$745M+0.3%	$743M+1.5%	$732M+7.5%	$681M+5.3%
Finance Lease Liability, Current	——	——	——	——	——
Contract liabilities	$104M+3.0%	$101M-1.9%	$103M-6.4%	$110M+27.9%	$86M-32.8%
Total current liabilities	$3.78B-2.6%	$3.88B-1.5%	$3.93B+15.4%	$3.41B+1.2%	$3.37B+5.7%
Long-term debt	$3.11B+1.4%	$3.07B+13.6%	$2.7B+0.4%	$2.69B-1.3%	$2.72B+3.4%
Operating lease liabilities, non-current	$2.1B+2.8%	$2.04B-0.8%	$2.06B-3.7%	$2.14B+12.1%	$1.91B+0.5%
Finance Lease Liabilities (Total)	$375M+15.0%	$326M-7.1%	$351M-4.9%	$369M+18.3%	$312M+13.0%
Operating Lease Liabilities (Total)	$2.85B+2.2%	$2.79B-0.5%	$2.8B-2.4%	$2.87B+10.9%	$2.59B+1.7%
Finance lease liabilities	$314M+11.7%	$281M-4.4%	$294M-7.0%	$316M+19.2%	$265M+11.8%
Other non-current liabilities	$668M-5.8%	$709M-5.3%	$749M-7.1%	$806M+35.5%	$595M-4.5%
Total noncurrent liabilities	$5.42B+0.8%	$5.37B+7.8%	$4.99B-10.0%	$5.54B+9.8%	$5.05B+0.1%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	300M0.0%	300M0.0%	300M0.0%	300M0.0%	300M+29,900%
Additional paid-in capital	$2.67B+0.1%	$2.67B+0.5%	$2.66B+0.4%	$2.65B+0.4%	$2.64B+0.2%
Retained earnings	$722M+0.6%	$718M+6.4%	$675M+9.6%	$616M+4.4%	$590M-14.0%
Accumulated other comprehensive income (loss)	-$222M-10.4%	-$201M-15.5%	-$174M-45.0%	-$120M+51.0%	-$245M+21.7%
Treasury stock	$202M0.0%	$202M0.0%	$202M—	——	——
Noncontrolling interests	$35M+9.4%	$32M-3.0%	$33M-5.7%	$35M+2.9%	$34M+6.3%
Total stockholders' equity	$2.97B-0.5%	$2.98B+0.9%	$2.96B+0.5%	$2.94B+2.4%	$2.87B-4.4%
Total liabilities and stockholders' equity	$12.19B-0.6%	$12.26B+3.0%	$11.91B-0.2%	$11.93B+5.3%	$11.32B+0.5%
Allowance for Doubtful Accounts	$15M0.0%	$15M+25.0%	$12M+9.1%	$11M-45.0%	$20M+33.3%
Allowance for Doubtful Accounts Receivable (Current)	$15M0.0%	$15M+25.0%	$12M+9.1%	$11M-45.0%	$20M+33.3%
Other current assets	$397M-2.2%	$406M-10.2%	$452M+4.1%	$434M-2.7%	$446M+4.0%
Accumulated Goodwill Impairment Losses	$4M0.0%	$4M—	$0—	$0—	$0—
Contract Assets, Non-Current	$238M+1.3%	$235M+11.9%	$210M-1.4%	$213M+6.5%	$200M+2.0%
Deferred Tax Assets and Other Non-Current Assets	$577M+1.2%	$570M-1.2%	$577M-2.5%	$592M+15.9%	$511M-15.0%
Finite Lived Intangible Assets - Gross	——	——	——	——	——
Net Investment in Lease	$2.63B+2.6%	$2.56B-1.0%	$2.59B-2.2%	$2.65B+11.8%	$2.37B+1.6%
Intangible assets — net	——	——	——	——	——
Other intangible assets—net	$865M-4.8%	$909M-5.2%	$959M-4.9%	$1.01B+3.2%	$977M-0.9%
Operating lease right-of-use assets	$2.63B+2.6%	$2.56B-1.0%	$2.59B-2.2%	$2.65B+11.8%	$2.37B+1.6%
Other non-current assets	$577M+1.2%	$570M-1.2%	$577M-2.5%	$592M+15.9%	$511M-15.0%
Property, plant and equipment, net	$1.18B+2.6%	$1.15B-3.8%	$1.2B-5.3%	$1.26B+3.9%	$1.22B+4.8%
Operating Lease Right-of-Use Assets in Other Assets	$2.63B+2.6%	$2.56B-1.0%	$2.59B-2.2%	$2.65B+11.8%	$2.37B+1.6%
Software and Technology Licenses, Net	$577M+1.2%	$570M-1.2%	$577M-2.5%	$592M+15.9%	$511M-15.0%
Accrued Progress Collections and Price Adjustments	$104M+3.0%	$101M-1.9%	$103M-6.4%	$110M+27.9%	$86M-32.8%
Other Commercial Liabilities	$1.44B-3.7%	$1.49B-2.0%	$1.52B+10.3%	$1.38B-1.2%	$1.4B+10.0%
Commercial Paper Outstanding	——	——	——	——	——
Accrued Liabilities, Current	$1.44B-3.7%	$1.49B-2.0%	$1.52B+10.3%	$1.38B-1.2%	$1.4B+10.0%
Other accrued liabilities	$413M-4.8%	$434M+0.9%	$430M-16.7%	$516M+30.3%	$396M+2.9%
Current Portion of Long-Term Debt and Finance Lease Obligations	$463M+3.8%	$446M-14.6%	$522M+480%	$90M-48.6%	$175M+59.1%
Contract Liabilities, Non-Current	$104M+3.0%	$101M-1.9%	$103M-6.4%	$110M+27.9%	$86M-32.8%
Long-Term Debt and Finance Lease Obligations	$2.65B+1.0%	$2.62B+20.4%	$2.18B-16.2%	$2.6B+2.0%	$2.55B+1.0%
Deferred revenue, net of current portion	$104M+3.0%	$101M-1.9%	$103M-6.4%	$110M+27.9%	$86M-32.8%
Total debt	$6.8B+2.6%	$6.63B+4.0%	$6.37B+6.0%	$6.02B+3.8%	$5.8B+4.2%
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	120.4M+0.4%	119.9M0.0%	119.8M0.0%	119.8M+0.1%	119.7M+0.2%
Convertible Preferred Stock Authorized Shares	10M0.0%	10M0.0%	10M0.0%	10M0.0%	10M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Cumulative Gross Losses and Impairments	$4M0.0%	$4M—	$0—	$0—	$0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share Repurchase Authorization Limit	——	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——	——
Allowance for doubtful accounts	$15M0.0%	$15M+25.0%	$12M+9.1%	$11M-45.0%	$20M+33.3%
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$300M0.0%	$300M0.0%	$300M0.0%	$300M0.0%	$300M0.0%
Common stock, shares issued (in shares)	$120.38M+0.4%	$119.87M0.0%	$119.84M0.0%	$119.81M+0.1%	$119.72M+0.2%
Common Stock, Shares, Outstanding	$115.02M+0.4%	$114.51M0.0%	$114.49M0.0%	$114.45M-2.1%	$116.96M-2.1%
Contract with Customer, Asset, after Allowance for Credit Loss	$270M-0.4%	$271M+12.0%	$242M-6.9%	$260M+12.1%	$232M-0.4%
Contract with Customer, Liability	$371M-2.4%	$380M+3.5%	$367M-7.6%	$397M+9.7%	$362M-9.5%
Current maturities of long-term debt	$61M+35.6%	$45M-21.1%	$57M+7.5%	$53M+12.8%	$47M+20.5%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$347M+13.4%	$306M-4.1%	$319M-8.3%	$348M+27.0%	$274M+14.6%
Finite-Lived Intangible Assets, Accumulated Amortization	$780M-0.1%	$781M+4.3%	$749M+3.5%	$724M+9.9%	$659M+6.6%
Gross Carrying Amount	——	——	——	——	——
Goodwill accumulated impairment losses	$4M0.0%	$4M—	$0—	$0—	$0—
Letters of Credit Outstanding, Amount	——	——	——	——	——
Long-Term Debt and Lease Obligation	$2.65B+1.0%	$2.62B+20.4%	$2.18B-16.2%	$2.6B+2.0%	$2.55B+1.0%
Less: current maturities	$463M+3.8%	$446M-14.6%	$522M+480%	$90M-48.6%	$175M+59.1%
Noncontrolling interests in subsidiaries	$35M+9.4%	$32M-3.0%	$33M-5.7%	$35M+2.9%	$34M+6.3%
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%	$10M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Share Repurchase Program, Authorized, Amount	——	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——	——
Treasury stock, shares (in shares)	$5.36M0.0%	$5.36M0.0%	$5.36M—	——	——

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Questions, answered.

Can GXO Logistics cover its short-term obligations?: Its current ratio is 0.85 — current liabilities exceed current assets.
Where does GXO Logistics's balance sheet data come from?: Every line is extracted from GXO Logistics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.