GXO Logistics (GXO) Interest Coverage Ratio (2020 - 2026)
GXO Logistics' (GXO) Interest Coverage Ratio was 2.20 for Q2 2026, down 11.0% from 2.47 a year earlier but up 80.5% from the prior quarter.
GXO Logistics (GXO) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GXO Logistics' Interest Coverage Ratio came in at 2.48, up 56.0% year-over-year; for FY2025, it came in at 1.84, down 13.0% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 2.12 in FY2024 (-64.7%), 6.00 in FY2023 (-28.1%), 8.34 in FY2022 (+16.1%) and 7.19 in FY2021 (+978.6%).
- Five-year quarterly Interest Coverage Ratio spans a low of -3.00 in Q1 2024 and a high of 12.60 in Q4 2021.
- Year over year, Interest Coverage Ratio gained in two of the last six quarters, with an average decline of 18.9%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q2 2022 (growth of 78.8%); the low point was Q1 2023 (a decline of 65.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.22 (Q1 2026), 3.13 (Q4 2025) and 3.37 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.79 Bn | 165.32 Bn | - | 8.83 |
| 2 | Csx | 89.23 Bn | 85.44 Bn | - | 7.14 |
| 3 | United Parcel Service | 84.36 Bn | 61.26 Bn | - | 3.42 |
| 4 | Canadian Pacific Kansas City | 77.74 Bn | 76.76 Bn | - | - |
| 5 | Norfolk Southern | 73.16 Bn | 67.80 Bn | - | 5.71 |
| 6 | Fedex | 70.93 Bn | 36.88 Bn | - | - |
| 7 | Delta Air Lines | 51.40 Bn | 33.59 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.22 Bn | 38.48 Bn | - | 6,122.38 |
| 9 | United Airlines Holdings | 32.72 Bn | -23.65 Bn | - | 3.20 |
| 10 | GXO Logistics | 5.58 Bn | 2.82 Bn | 508.00 Mn | 2.20 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 |
| Mar 31, 2026 | 1.22 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | 3.37 |
| Jun 30, 2025 | 2.47 |
| Mar 31, 2025 | -1.75 |
| Dec 31, 2024 | 2.97 |
| Sep 30, 2024 | 2.45 |
| Jun 30, 2024 | 3.26 |
| Mar 31, 2024 | -3.00 |
| Dec 31, 2023 | 7.25 |
| Sep 30, 2023 | 6.43 |
| Jun 30, 2023 | 7.07 |
| Mar 31, 2023 | 3.23 |
| Dec 31, 2022 | 7.40 |
| Sep 30, 2022 | 12.00 |
| Jun 30, 2022 | 6.56 |
| Mar 31, 2022 | 9.25 |
| Dec 31, 2021 | 12.60 |
| Sep 30, 2021 | 7.20 |
GXO Logistics Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();