GXO Logistics (FRA:93N) Piotroski F-Score: 8 (As of Jun. 28, 2026) — 33% Above Median


FRA:93N GXO Logistics Inc FRA:93N
84 GF Score
Price €40.53
GF Value €54.98
! 2 Warning Signs
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What is GXO Logistics Piotroski F-Score?

GXO Logistics FRA:93N -6.16% 84 Piotroski F-Score is 8 as of Jun. 28, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FRA:93N with a GF Score™ of 84/100 and a GF Value™ of €54.98. The stock has 2 warning signs investors should review. Among 979 Transportation companies, GXO Logistics ranks better than 97.45% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

GXO Logistics has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for GXO Logistics's Piotroski F-Score or its related term are showing as below:

FRA:93N' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 8 years, the highest Piotroski F-Score of GXO Logistics was 8. The lowest was 4. And the median was 6.

GXO Logistics  (FRA:93N) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


GXO Logistics Piotroski F-Score Related Terms


GXO Logistics Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for GXO Logistics's Piotroski F-Score 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.

GXO Logistics Piotroski F-Score Chart

GXO Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 6.00 7.00 6.00 4.00 6.00

GXO Logistics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 5.00 5.00 6.00 8.00

FRA:93N vs LSTR, HUBG, PBI: Piotroski F-Score Comparison

For the Integrated Freight & Logistics subindustry, GXO Logistics's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, GXO Logistics's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where GXO Logistics's Piotroski F-Score falls into.


FRA:93N
84GF Score
GXO Logistics Inc FRA:93N
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 22.542 + 50.268 + 36.722 + 3.46 = €113 Mil.
Cash Flow from Operations was 2.601 + 197.664 + 145.18 + 26.815 = €372 Mil.
Revenue was 2860.233 + 2892.54 + 2994.978 + 2852.77 = €11,601 Mil.
Gross Profit was 325.992 + 357.84 + 362.95 + 324.375 = €1,371 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(10472.85 + 10339.842 + 10144.764 + 10471.748 + 10547.81) / 5 = €10395.4028 Mil.
Total Assets at the begining of this year (Mar25) was €10,473 Mil.
Long-Term Debt & Capital Lease Obligation was €4,107 Mil.
Total Current Assets was €2,778 Mil.
Total Current Liabilities was €3,265 Mil.
Net Income was 35.302 + 29.733 + 95.5 + -88.8 = €72 Mil.

Revenue was 2643.934 + 2844.457 + 3103.75 + 2753.725 = €11,346 Mil.
Gross Profit was 332.582 + 337.875 + 382 + 286.75 = €1,339 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(8629.6 + 10553.44 + 10721.9 + 10759.03 + 10472.85) / 5 = €10227.364 Mil.
Total Assets at the begining of last year (Mar24) was €8,630 Mil.
Long-Term Debt & Capital Lease Obligation was €4,119 Mil.
Total Current Assets was €2,432 Mil.
Total Current Liabilities was €3,117 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

GXO Logistics's current Net Income (TTM) was 113. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

GXO Logistics's current Cash Flow from Operations (TTM) was 372. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=112.992/10472.85
=0.01078904

ROA (Last Year)=Net Income/Total Assets (Mar24)
=71.735/8629.6
=0.00831267

GXO Logistics's return on assets of this year was 0.01078904. GXO Logistics's return on assets of last year was 0.00831267. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

GXO Logistics's current Net Income (TTM) was 113. GXO Logistics's current Cash Flow from Operations (TTM) was 372. ==> 372 > 113 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=4107.02/10395.4028
=0.39508041

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4119.025/10227.364
=0.40274552

GXO Logistics's gearing of this year was 0.39508041. GXO Logistics's gearing of last year was 0.40274552. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2777.515/3265.375
=0.85059603

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2431.825/3117.25
=0.78011869

GXO Logistics's current ratio of this year was 0.85059603. GXO Logistics's current ratio of last year was 0.78011869. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

GXO Logistics's number of shares in issue this year was 115.84. GXO Logistics's number of shares in issue last year was 118.991. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1371.157/11600.521
=0.11819788

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1339.207/11345.866
=0.1180348

GXO Logistics's gross margin of this year was 0.11819788. GXO Logistics's gross margin of last year was 0.1180348. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=11600.521/10472.85
=1.10767566

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=11345.866/8629.6
=1.31476152

GXO Logistics's asset turnover of this year was 1.10767566. GXO Logistics's asset turnover of last year was 1.31476152. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+1+1+0
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

GXO Logistics has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
GXO Logistics (FRA:93N) has a Piotroski F-Score of 8 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on GXO Logistics and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, GXO Logistics' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, GXO Logistics ranks #25 out of 979 companies in the Transportation industry, placing it in the top 2.6%.
Is GXO Logistics' Piotroski F-Score too high?
GXO Logistics' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. GXO Logistics' value of 8 is 33.3% above this industry median. Based on the distribution chart, GXO Logistics ranks #25 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, GXO Logistics has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does GXO Logistics' Piotroski F-Score compare to LSTR and HUBG?
According to the Transportation industry distribution chart, GXO Logistics ranks #25 out of 979 companies for Piotroski F-Score. This places GXO Logistics in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. GXO Logistics' value of 8 is 33.3% above this benchmark. Historically, GXO Logistics' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, GXO Logistics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GXO Logistics's current Piotroski F-Score of 8 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on GXO Logistics and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GXO Logistics's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GXO Logistics stock overvalued right now?
GXO Logistics (FRA:93N) has a current Piotroski F-Score of 8. The stock's GF Value™ is €54.98, compared to a current price of €40.53 — trading 26.3% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Transportation industry median of 6.00. GXO Logistics' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For GXO Logistics (FRA:93N), the current Piotroski F-Score is 8 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GXO Logistics (FRA:93N) Overvalued in 2026?

Based on GuruFocus' analysis, GXO Logistics stock appears to be undervalued. The current stock price of €40.53 is trading 26.3% below its estimated GF Value™ of €54.98.

Key valuation signals for FRA:93N:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: €54.98 vs. price of €40.53 (26.3% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 33.3% above the Transportation median (#25 of 979)

No single metric tells the full story. See the FRA:93N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GXO Logistics Business Description

Other Exchanges GXO:USA
Address Two American Lane, Greenwich, CT, USA, 06831
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, reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it generates revenue from the United Kingdom, the United States, the Netherlands, France, Spain, Italy, and other countries, and derives the majority of its revenue from the United Kingdom.
84GF Score

Get the complete analysis for FRA:93N

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.53
Price
€54.98
GF Value