Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). GXO Logistics's share price for the quarter that ended in Mar. 2024 was $53.76. GXO Logistics's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 119 Mil. Therefore, GXO Logistics's market cap for the quarter that ended in Mar. 2024 was $6,417 Mil.
GXO Logistics's quarterly market cap
increased
from Sep. 2023 ($6,976 Mil) to Dec. 2023 ($7,282 Mil) but then
declined
from Dec. 2023 ($7,282 Mil) to Mar. 2024 ($6,417 Mil).
GXO Logistics's annual market cap
declined
from Dec. 2021 ($10,414 Mil) to Dec. 2022 ($5,068 Mil) but then
increased
from Dec. 2022 ($5,068 Mil) to Dec. 2023 ($7,282 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. GXO Logistics's Enterprise Value for Today is $9,681 Mil.
GXO Logistics Market Cap Historical Data
The historical data trend for GXO Logistics's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of GXO Logistics's Market Cap
For the Integrated Freight & Logistics subindustry, GXO Logistics's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GXO Logistics's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, GXO Logistics's Market Cap distribution charts can be found below:
* The bar in red indicates where GXO Logistics's Market Cap falls into.
GXO Logistics Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
GXO Logistics's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GXO Logistics (NYSE:GXO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
GXO Logistics Market Cap Related Terms
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GXO Logistics (GXO Logistics) Business Description
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.
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