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Side-by-side financial comparison of GXO Logistics, Inc. (GXO) and Williams Companies (WMB). Click either name above to swap in a different company.

Williams Companies is the larger business by last-quarter revenue ($3.8B vs $3.5B, roughly 1.1× GXO Logistics, Inc.). Williams Companies runs the higher net margin — 19.1% vs 1.2%, a 17.9% gap on every dollar of revenue. On growth, Williams Companies posted the faster year-over-year revenue change (12.7% vs 7.9%). GXO Logistics, Inc. produced more free cash flow last quarter ($115.0M vs $-379.0M). Over the past eight quarters, GXO Logistics, Inc.'s revenue compounded faster (19.5% CAGR vs 7.3%).

GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. Its customers include Apple, Nike Inc., Boeing Co., Verizon, Whirlpool, Inditex SA, and Nestle SA.

The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

GXO vs WMB — Head-to-Head

Bigger by revenue
WMB
WMB
1.1× larger
WMB
$3.8B
$3.5B
GXO
Growing faster (revenue YoY)
WMB
WMB
+4.8% gap
WMB
12.7%
7.9%
GXO
Higher net margin
WMB
WMB
17.9% more per $
WMB
19.1%
1.2%
GXO
More free cash flow
GXO
GXO
$494.0M more FCF
GXO
$115.0M
$-379.0M
WMB
Faster 2-yr revenue CAGR
GXO
GXO
Annualised
GXO
19.5%
7.3%
WMB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GXO
GXO
WMB
WMB
Revenue
$3.5B
$3.8B
Net Profit
$43.0M
$734.0M
Gross Margin
Operating Margin
2.7%
27.3%
Net Margin
1.2%
19.1%
Revenue YoY
7.9%
12.7%
Net Profit YoY
-57.0%
51.0%
EPS (diluted)
$0.35
$0.60

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GXO
GXO
WMB
WMB
Q4 25
$3.5B
$3.8B
Q3 25
$3.4B
$3.5B
Q2 25
$3.3B
$3.4B
Q1 25
$3.0B
$4.2B
Q4 24
$3.3B
$3.4B
Q3 24
$3.2B
$3.0B
Q2 24
$2.8B
$2.8B
Q1 24
$2.5B
$3.3B
Net Profit
GXO
GXO
WMB
WMB
Q4 25
$43.0M
$734.0M
Q3 25
$59.0M
$647.0M
Q2 25
$26.0M
$546.0M
Q1 25
$-96.0M
$691.0M
Q4 24
$100.0M
$486.0M
Q3 24
$33.0M
$706.0M
Q2 24
$38.0M
$401.0M
Q1 24
$-37.0M
$632.0M
Operating Margin
GXO
GXO
WMB
WMB
Q4 25
2.7%
27.3%
Q3 25
3.5%
31.8%
Q2 25
2.7%
28.0%
Q1 25
-1.9%
26.1%
Q4 24
3.1%
23.2%
Q3 24
2.6%
27.6%
Q2 24
2.6%
24.4%
Q1 24
-1.6%
30.3%
Net Margin
GXO
GXO
WMB
WMB
Q4 25
1.2%
19.1%
Q3 25
1.7%
18.5%
Q2 25
0.8%
16.2%
Q1 25
-3.2%
16.5%
Q4 24
3.1%
14.2%
Q3 24
1.0%
23.3%
Q2 24
1.3%
14.1%
Q1 24
-1.5%
18.9%
EPS (diluted)
GXO
GXO
WMB
WMB
Q4 25
$0.35
$0.60
Q3 25
$0.51
$0.53
Q2 25
$0.23
$0.45
Q1 25
$-0.81
$0.56
Q4 24
$0.83
$0.39
Q3 24
$0.28
$0.58
Q2 24
$0.32
$0.33
Q1 24
$-0.31
$0.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GXO
GXO
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$854.0M
Total DebtLower is stronger
$2.6B
$27.3B
Stockholders' EquityBook value
$3.0B
$12.8B
Total Assets
$12.3B
$58.6B
Debt / EquityLower = less leverage
0.88×
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GXO
GXO
WMB
WMB
Q4 25
$854.0M
Q3 25
$339.0M
Q2 25
$205.0M
Q1 25
$288.0M
Q4 24
$413.0M
Q3 24
$548.0M
Q2 24
$469.0M
Q1 24
$423.0M
Total Debt
GXO
GXO
WMB
WMB
Q4 25
$2.6B
$27.3B
Q3 25
$2.2B
$25.6B
Q2 25
$2.6B
$25.6B
Q1 25
$2.5B
$24.1B
Q4 24
$2.5B
$24.7B
Q3 24
$2.6B
$24.8B
Q2 24
$2.6B
$24.1B
Q1 24
$1.5B
$24.1B
Stockholders' Equity
GXO
GXO
WMB
WMB
Q4 25
$3.0B
$12.8B
Q3 25
$3.0B
$12.5B
Q2 25
$2.9B
$12.4B
Q1 25
$2.9B
$12.5B
Q4 24
$3.0B
$12.4B
Q3 24
$3.1B
$12.4B
Q2 24
$2.9B
$12.3B
Q1 24
$2.9B
$12.4B
Total Assets
GXO
GXO
WMB
WMB
Q4 25
$12.3B
$58.6B
Q3 25
$11.9B
$55.7B
Q2 25
$11.9B
$56.1B
Q1 25
$11.3B
$54.9B
Q4 24
$11.3B
$54.5B
Q3 24
$11.9B
$53.8B
Q2 24
$11.4B
$52.4B
Q1 24
$9.4B
$52.7B
Debt / Equity
GXO
GXO
WMB
WMB
Q4 25
0.88×
2.13×
Q3 25
0.74×
2.04×
Q2 25
0.88×
2.06×
Q1 25
0.89×
1.93×
Q4 24
0.84×
1.99×
Q3 24
0.82×
2.00×
Q2 24
0.88×
1.96×
Q1 24
0.53×
1.94×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GXO
GXO
WMB
WMB
Operating Cash FlowLast quarter
$170.0M
$1.6B
Free Cash FlowOCF − Capex
$115.0M
$-379.0M
FCF MarginFCF / Revenue
3.3%
-9.9%
Capex IntensityCapex / Revenue
1.6%
50.9%
Cash ConversionOCF / Net Profit
3.95×
2.15×
TTM Free Cash FlowTrailing 4 quarters
$110.0M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GXO
GXO
WMB
WMB
Q4 25
$170.0M
$1.6B
Q3 25
$232.0M
$1.4B
Q2 25
$3.0M
$1.4B
Q1 25
$29.0M
$1.4B
Q4 24
$186.0M
$1.2B
Q3 24
$198.0M
$1.2B
Q2 24
$115.0M
$1.3B
Q1 24
$50.0M
$1.2B
Free Cash Flow
GXO
GXO
WMB
WMB
Q4 25
$115.0M
$-379.0M
Q3 25
$88.0M
$485.0M
Q2 25
$-44.0M
$478.0M
Q1 25
$-49.0M
$421.0M
Q4 24
$82.0M
$450.0M
Q3 24
$104.0M
$561.0M
Q2 24
$27.0M
$700.0M
Q1 24
$-23.0M
$690.0M
FCF Margin
GXO
GXO
WMB
WMB
Q4 25
3.3%
-9.9%
Q3 25
2.6%
13.9%
Q2 25
-1.3%
14.2%
Q1 25
-1.6%
10.1%
Q4 24
2.5%
13.2%
Q3 24
3.3%
18.5%
Q2 24
0.9%
24.6%
Q1 24
-0.9%
20.7%
Capex Intensity
GXO
GXO
WMB
WMB
Q4 25
1.6%
50.9%
Q3 25
4.2%
27.3%
Q2 25
1.4%
28.8%
Q1 25
2.6%
24.2%
Q4 24
3.2%
22.5%
Q3 24
3.0%
22.5%
Q2 24
3.1%
20.3%
Q1 24
3.0%
16.3%
Cash Conversion
GXO
GXO
WMB
WMB
Q4 25
3.95×
2.15×
Q3 25
3.93×
2.22×
Q2 25
0.12×
2.66×
Q1 25
2.07×
Q4 24
1.86×
2.51×
Q3 24
6.00×
1.76×
Q2 24
3.03×
3.19×
Q1 24
1.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GXO
GXO

Segment breakdown not available.

WMB
WMB

Services$2.2B57%
Natural Gas Us Regulated$740.0M19%
West$730.0M19%
Non Regulated Service Commodity Consideration$51.0M1%
Natural Gas Gathering Transportation Marketing And Processing$45.0M1%
Affiliated Entity$23.0M1%
Other$14.0M0%
Other Service$11.0M0%

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