XPO, Inc. (XPO)
XPO, Inc., together with its subsidiaries, provides freight transportation services in the United States, North America, France, the United Kingdom, and rest of Europe. The company operates in two segments, North American Less-Than-Truckload (LTL) and European Transportation. The North American LTL segment provides shippers with geographic density and day-definite domestic and cross-border services to the U.S., Mexico, Canada, and the Caribbean. The European Transportation segment offers dedicated truckload, LTL, truck brokerage, managed transportation, last mile, freight forwarding, and warehousing and multimodal solutions to an extensive base of customers within the consumer, trade, and industrial markets. The company was formerly known as XPO Logistics, Inc. and changed its name to XPO, Inc. in December 2022. The company was founded in 1989 and is based in Greenwich, Connecticut.
- Symbol
- XPO
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Trucking
- Market cap
- $20.79B
- 52 week range
- 121.48 - 232.05
Valuation
- Share price
- $179.92 (close of 2026-09-23)
- P/E (TTM)
- 51.50x
- Price to book
- 10.59x
- Price to free cash flow
- 35.35x
- Enterprise value
- $24.48B
- Book value per share
- $16.77
Price performance
| Period | Change |
|---|
| 1 day | +3.20% |
| 5 days | +0.94% |
| 1 month | -9.01% |
| 3 months | -9.69% |
| 6 months | -3.06% |
| Year to date | +32.38% |
| 1 year | +34.99% |
| 3 years | +162.24% |
| 5 years | +252.17% |
| 10 years | +1372.34% |
| All time | +10300.00% |
Profitability and growth
- Return on equity
- 16.98%
- Return on invested capital
- 9.48%
- Return on assets
- 3.86%
- Return on capital employed
- 9.88%
- Gross margin
- 8.04%
- Net margin
- 3.87%
- EBITDA margin
- 14.43%
- Revenue growth
- 1.05%
- Net income growth
- -18.35%
- Free cash flow growth
- 1631.58%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 2.83%
- Current ratio
- 1.01x
- Net debt to EBITDA
- 2.86x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $8.16B
- Cost of revenue
- $7.50B
- Gross profit
- $656.00M
- EBITDA
- $1.18B
- Net income
- $316.00M
- Earnings per share
- $2.69
- Shares outstanding
- 118.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $8.16B | $656.00M | $316.00M | $2.69 |
| 2024-12-31 | $8.07B | $660.00M | $387.00M | $3.33 |
| 2023-12-31 | $7.74B | $438.00M | $189.00M | $1.64 |
| 2022-12-31 | $7.72B | $1.05B | $666.00M | $5.79 |
| 2021-12-31 | $7.20B | $1.07B | $336.00M | $2.99 |
| 2020-12-31 | $6.17B | $-1.68B | $110.00M | $0.87 |
| 2019-12-31 | $10.68B | $2.38B | $419.00M | $2.35 |
| 2018-12-31 | $17.28B | $8.27B | $422.00M | $1.10 |
| 2017-12-31 | $15.38B | $7.25B | $340.00M | $0.94 |
| 2016-12-31 | $14.62B | $6.73B | $69.00M | $0.20 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 8.04% | 3.87% | 16.98% | 9.48% |
| 2024-12-31 | 8.18% | 4.79% | 24.17% | 10.49% |
| 2023-12-31 | 5.66% | 2.44% | 14.93% | 7.45% |
| 2022-12-31 | 13.67% | 8.63% | 65.81% | 7.98% |
| 2021-12-31 | 14.83% | 4.67% | 29.53% | 5.61% |
| 2020-12-31 | -27.30% | 1.78% | 3.86% | 1.30% |
| 2019-12-31 | 22.26% | 3.92% | 14.47% | 4.87% |
| 2018-12-31 | 47.84% | 2.44% | 10.63% | 7.52% |
| 2017-12-31 | 47.13% | 2.21% | 8.48% | 7.15% |
| 2016-12-31 | 46.05% | 0.47% | 2.27% | 5.87% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $310.00M | $3.25B |
| 2024-12-31 | $246.00M | $3.33B |
| 2023-12-31 | $412.00M | $3.33B |
| 2022-12-31 | $460.00M | $2.47B |
| 2021-12-31 | $228.00M | $3.51B |
| 2020-12-31 | $1.73B | $5.24B |
| 2019-12-31 | $377.00M | $5.18B |
| 2018-12-31 | $502.00M | $3.90B |
| 2017-12-31 | $397.00M | $4.42B |
| 2016-12-31 | $373.40M | $4.73B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $329.00M | $77.00M |
| 2024-12-31 | $19.00M | $87.00M |
| 2023-12-31 | $-839.00M | $78.00M |
| 2022-12-31 | $303.00M | $77.00M |
| 2021-12-31 | $387.00M | $31.00M |
| 2020-12-31 | $139.00M | $37.00M |
| 2019-12-31 | $250.00M | $56.00M |
| 2018-12-31 | $551.00M | $49.00M |
| 2017-12-31 | $281.00M | $79.00M |
| 2016-12-31 | $139.00M | $55.00M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-29
- Consensus EPS estimate
- $1.54
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-30 | Jun/2026 | $1.49 |
| 2026-04-30 | - | - |
| 2026-02-05 | - | - |
| 2025-10-30 | - | - |
| 2025-07-31 | - | - |
| 2025-04-30 | - | - |
| 2025-02-06 | - | - |
| 2024-10-30 | - | - |
Filings and sources
- Company website
- xpo.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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