Radiant Logistics, Inc., operates as a third-party logistics company, provides technology-enabled global transportation and value-added logistics services in the United States and Canada. The company offers domestic and international freight forwarding, and freight brokerage services, including air, ocean, truckload, less-than-truckload, and intermodal. It also provides logistics and supply chain services, such as materials management and distribution, customs house brokerage, and global trade management, as well as arranging shipments, and heavyweight and small package air services. The company serves the consumer goods, food and beverage, electronics, high-tech, aviation, automotive, military, government, manufacturing, and retail industries. The company was formerly known as Golf Two Inc. and changed its name to Radiant Logistics, Inc. in October 2005. Radiant Logistics, Inc. was incorporated in 2001 and is headquartered in Renton, Washington.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $903M | $41M | $17M | $8M | 7.6% | 12.5% | 125.0% |
| 2024 | $802M | $29M | $8M | $9M | 3.7% | -26.1% | -62.7% |
| 2023 | $1.1B | $54M | $21M | $90M | 10.0% | -25.6% | -53.7% |
| 2022 | $1.5B | $80M | $44M | $17M | 22.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 1,459.42 | 1,085.49 | 802.47 | 902.70 |
| Cost Of Revenue | 1,244.09 | 903.86 | 662.25 | 763.16 |
| Gross Profit | 215.33 | 181.63 | 140.22 | 139.53 |
| Operating Expense | 155.94 | 154.15 | 131.37 | 120.96 |
| Operating Income | 59.39 | 27.48 | 8.85 | 18.57 |
| EBITDA | 80.11 | 53.52 | 28.87 | 40.92 |
| EBIT | 61.40 | 30.82 | 10.78 | 22.55 |
| Pretax Income | 58.18 | 27.55 | 9.72 | 21.20 |
| Tax Provision | 12.69 | 6.30 | 1.52 | 3.77 |
| Net Income | 44.46 | 20.59 | 7.68 | 17.29 |
| Net Income Common Stockholders | 44.46 | 20.59 | 7.68 | 17.29 |
| Total Expenses | 1,400.03 | 1,058.01 | 793.62 | 884.13 |
| Interest Expense | 3.21 | 3.27 | 1.06 | 1.34 |
| Interest Income | 0.02 | 1.38 | 2.33 | 1.30 |
| Selling General And Administration | 155.94 | 154.15 | 38.70 | 42.47 |
| Normalized EBITDA | 78.32 | 51.73 | 29.48 | 39.30 |
| Normalized Income | 43.06 | 19.22 | 8.19 | 15.96 |
| Basic EPS | 0.90 | 0.43 | 0.16 | 0.37 |
| Diluted EPS | 0.88 | 0.42 | 0.16 | 0.35 |
| Tax Effect Of Unusual Items | 0.39 | 0.41 | -0.09 | 0.29 |
| Tax Rate For Calcs | 0.22 | 0.23 | 0.16 | 0.18 |
| Total Unusual Items | 1.79 | 1.78 | -0.60 | 1.62 |
| Total Unusual Items Excluding Goodwill | 1.79 | 1.78 | -0.60 | 1.62 |
| Net Income From Continuing Operation Net Minority Interest | 44.46 | 20.59 | 7.68 | 17.29 |
| Reconciled Depreciation | 18.72 | 22.70 | 18.09 | 18.38 |
| Reconciled Cost Of Revenue | 1,244.09 | 903.86 | 662.25 | 763.16 |
| Net Interest Income | -3.19 | -1.89 | 1.28 | -0.04 |
| Net Income From Continuing And Discontinued Operation | 44.46 | 20.59 | 7.68 | 17.29 |
| Rent Expense Supplemental | 0 | 0.03 | 0 | 0 |
| Total Operating Income As Reported | 58.62 | 28.12 | 9.30 | 21.06 |
| Diluted Average Shares | 50.74 | 49.55 | 48.82 | 48.73 |
| Basic Average Shares | 49.57 | 48.19 | 47.05 | 46.97 |
| Diluted NI Availto Com Stockholders | 44.46 | 20.59 | 7.68 | 17.29 |
| Minority Interests | -1.03 | -0.65 | -0.51 | -0.15 |
| Net Income Including Noncontrolling Interests | 45.49 | 21.24 | 8.20 | 17.44 |
| Net Income Continuous Operations | 45.49 | 21.24 | 8.20 | 17.44 |
| Other Income Expense | 1.98 | 1.96 | -0.41 | 2.67 |
| Other Non Operating Income Expenses | 0.19 | 0.18 | 0.20 | 1.05 |
| Special Income Charges | -0.77 | 0.65 | 0.45 | 2.49 |
| Other Special Charges | 0 | 0.03 | 0 | 0 |
| Restructuring And Mergern Acquisition | 0.77 | -0.65 | -0.45 | -2.49 |
| Gain On Sale Of Security | 2.56 | 1.14 | -1.05 | -0.87 |
| Net Non Operating Interest Income Expense | -3.19 | -1.89 | 1.28 | -0.04 |
| Interest Expense Non Operating | 3.21 | 3.27 | 1.06 | 1.34 |
| Interest Income Non Operating | 0.02 | 1.38 | 2.33 | 1.30 |
| Other Operating Expenses | 0 | 0 | 92.67 | 78.49 |
| Selling And Marketing Expense | 121.94 | 115.61 | 92.67 | 0 |
| General And Administrative Expense | 34 | 38.55 | 38.70 | 0 |
| Other Gand A | 34 | 38.55 | 38.70 | 0 |
| Operating Revenue | 1,459.42 | 1,085.49 | 802.47 | 902.70 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Radiant Logistics, Inc.this co. | RLGT | $392M | 28.86β discount | 1.65 | 7.6% | 13.55 |
| BlueLinx Holdings Inc. | BXC | $415M | 2640.50 | 0.67 | 0.0% | 9.98 |
| Costamare Bulkers Holdings Limited | CMDB | $412M | - | 0.62 | -5.6% | 41.33 |
| American Battery Technology Company | ABAT | $406M | - | 3.39 | -66.2% | -10.81 |
| Public Policy Holding Company, Inc. | PPHC |
| $404M |
| - |
| 4.62 |
| -52.1% |
| -35.39 |
| Concrete Pumping Holdings, Inc. | BBCP | $394M | 86.78 | 1.51 | 2.4% | 8.43 |
| Luxfer Holdings PLC | LXFR | $381M | 33.90 | 1.68 | 3.4% | 8.60 |
| Lightbridge Corporation | LTBR | $375M | - | 1.76 | -9.6% | - |
| Boston Omaha Corporation | BOC | $374M | - | 0.73 | -2.3% | 20.16 |
| Peer Median | - | 86.78 | 1.59 | -4.0% | 8.60 | |