Xpo Inc Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Xpo Inc has an operating margin of 8.0%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 40/100, indicating healthy but not exceptional operating efficiency. This is down from 8.2% the prior year.
Xpo Inc's revenue grew a modest 1.1% year-over-year to $8.2B. This slow but positive growth earns a score of 32/100.
Xpo Inc has a moderate D/E ratio of 1.75. This balance of debt and equity financing earns a leverage score of 46/100.
Xpo Inc's current ratio of 1.05 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 22/100, which could limit financial flexibility.
Xpo Inc's free cash flow margin of 4.0% results in a low score of 20/100. Capital expenditures of $657.0M absorb a large share of operating cash flow.
Xpo Inc earns a strong 17.0% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is down from 24.2% the prior year.
Xpo Inc scores 3.59, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($22.9B) relative to total liabilities ($6.3B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Xpo Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Xpo Inc generates $3.12 in operating cash flow ($986.0M OCF vs $316.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Xpo Inc earns $3.0 in operating income for every $1 of interest expense ($656.0M vs $219.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
This page shows Xpo Inc (XPO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Xpo Inc generated $8.2B in revenue in fiscal year 2025. This represents an increase of 1.1% from the prior year.
Xpo Inc's EBITDA was $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.8% from the prior year.
Xpo Inc generated $329.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 1631.6% from the prior year.
Xpo Inc reported $316.0M in net income in fiscal year 2025. This represents a decrease of 18.3% from the prior year.
Xpo Inc earned $2.64 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 18.3% from the prior year.
Xpo Inc held $310.0M in cash against $3.3B in long-term debt as of fiscal year 2025.
Xpo Inc had 117M shares outstanding in fiscal year 2025. This represents a decrease of 0.1% from the prior year.
Xpo Inc's operating margin was 8.0% in fiscal year 2025, reflecting core business profitability. This is down 0.1 percentage points from the prior year.
Xpo Inc's net profit margin was 3.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.
Xpo Inc's ROE was 17.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.2 percentage points from the prior year.
Xpo Inc spent $125.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Xpo Inc invested $657.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 16.7% from the prior year.
XPO Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B-4.7% | $2.1B+1.5% | $2.1B+6.4% | $2.0B+1.7% | $1.9B-6.4% | $2.1B-1.3% | $2.1B+3.0% | $2.0B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $143.0M-12.8% | $164.0M-17.2% | $198.0M+31.1% | $151.0M+1.3% | $149.0M-15.3% | $176.0M-10.7% | $197.0M+42.8% | $138.0M |
| Interest Expense | $53.0M-1.9% | $54.0M-3.6% | $56.0M0.0% | $56.0M+5.7% | $53.0M-5.4% | $56.0M0.0% | $56.0M-3.4% | $58.0M |
| Income Tax | $32.0M+6.7% | $30.0M-18.9% | $37.0M+68.2% | $22.0M-15.4% | $26.0M-35.0% | $40.0M+1433.3% | -$3.0M-113.0% | $23.0M |
| Net Income | $59.0M-28.0% | $82.0M-22.6% | $106.0M+53.6% | $69.0M-8.0% | $75.0M-21.1% | $95.0M-36.7% | $150.0M+123.9% | $67.0M |
| EPS (Diluted) | $0.49-27.9% | $0.68-23.6% | $0.89+53.4% | $0.58-7.9% | $0.63-20.3% | $0.79-36.8% | $1.25+123.2% | $0.56 |
XPO Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.2B+0.1% | $8.2B+0.7% | $8.1B+3.2% | $7.9B+2.2% | $7.7B-2.7% | $7.9B+2.5% | $7.7B+1.7% | $7.6B |
| Current Assets | $1.6B-4.1% | $1.7B+4.7% | $1.6B+2.7% | $1.6B+5.0% | $1.5B-9.0% | $1.7B+6.8% | $1.5B+1.3% | $1.5B |
| Cash & Equivalents | $310.0M-7.5% | $335.0M+48.9% | $225.0M+6.1% | $212.0M-13.8% | $246.0M-34.9% | $378.0M+51.2% | $250.0M+9.2% | $229.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.0B-6.2% | $1.1B-2.6% | $1.1B+4.5% | $1.1B+10.8% | $977.0M-8.2% | $1.1B-2.2% | $1.1B+1.0% | $1.1B |
| Goodwill | $1.5B+0.1% | $1.5B-0.5% | $1.6B+4.2% | $1.5B+2.1% | $1.5B-3.6% | $1.5B+2.4% | $1.5B-0.2% | $1.5B |
| Total Liabilities | $6.3B-0.6% | $6.4B+0.3% | $6.4B+1.8% | $6.2B+2.1% | $6.1B-2.7% | $6.3B+0.8% | $6.2B-0.7% | $6.3B |
| Current Liabilities | $1.6B-6.7% | $1.7B+4.3% | $1.6B+3.1% | $1.6B+9.2% | $1.4B-9.1% | $1.6B+1.4% | $1.5B-4.9% | $1.6B |
| Long-Term Debt | $3.3B+1.0% | $3.2B-3.6% | $3.3B+0.2% | $3.3B+0.3% | $3.3B-0.5% | $3.3B+0.4% | $3.3B+0.2% | $3.3B |
| Total Equity | $1.9B+2.4% | $1.8B+2.0% | $1.8B+8.6% | $1.6B+2.4% | $1.6B-2.4% | $1.6B+9.5% | $1.5B+12.5% | $1.3B |
| Retained Earnings | $888.0M+7.1% | $829.0M+11.0% | $747.0M+16.5% | $641.0M+12.1% | $572.0M+15.3% | $496.0M+23.4% | $402.0M+59.5% | $252.0M |
XPO Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $226.0M-39.1% | $371.0M+50.2% | $247.0M+73.9% | $142.0M-24.9% | $189.0M-28.4% | $264.0M+25.7% | $210.0M+44.8% | $145.0M |
| Capital Expenditures | $106.0M-32.1% | $156.0M-20.4% | $196.0M-1.5% | $199.0M+19.9% | $166.0M+30.7% | $127.0M-33.2% | $190.0M-37.9% | $306.0M |
| Free Cash Flow | $120.0M-44.2% | $215.0M+321.6% | $51.0M+189.5% | -$57.0M-347.8% | $23.0M-83.2% | $137.0M+585.0% | $20.0M+112.4% | -$161.0M |
| Investing Cash Flow | N/A | -$150.0M+21.5% | -$191.0M0.0% | -$191.0M | N/A | -$115.0M+37.5% | -$184.0M+38.5% | -$299.0M |
| Financing Cash Flow | N/A | -$111.0M-152.3% | -$44.0M-46.7% | -$30.0M | N/A | -$24.0M-300.0% | -$6.0M+79.3% | -$29.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $68.0M+44.7% | $47.0M | N/A | N/A | $0 | $0 | N/A | N/A |
XPO Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 7.1%-0.7pp | 7.8%-1.8pp | 9.5%+1.8pp | 7.7%-0.0pp | 7.8%-0.8pp | 8.6%-0.9pp | 9.5%+2.6pp | 6.8% |
| Net Margin | 2.9%-1.0pp | 3.9%-1.2pp | 5.1%+1.6pp | 3.5%-0.4pp | 3.9%-0.7pp | 4.6%-2.6pp | 7.2%+3.9pp | 3.3% |
| Return on Equity | 3.2%-1.3pp | 4.5%-1.4pp | 5.9%+1.7pp | 4.2%-0.5pp | 4.7%-1.1pp | 5.8%-4.2pp | 10.0%+5.0pp | 5.0% |
| Return on Assets | 0.7%-0.3pp | 1.0%-0.3pp | 1.3%+0.4pp | 0.9%-0.1pp | 1.0%-0.2pp | 1.2%-0.7pp | 1.9%+1.1pp | 0.9% |
| Current Ratio | 1.05+0.0 | 1.020.0 | 1.010.0 | 1.02-0.0 | 1.060.0 | 1.06+0.1 | 1.00+0.1 | 0.94 |
| Debt-to-Equity | 1.75-0.0 | 1.77-0.1 | 1.88-0.2 | 2.03-0.0 | 2.08+0.0 | 2.04-0.2 | 2.22-0.3 | 2.49 |
| FCF Margin | 6.0%-4.2pp | 10.2%+7.7pp | 2.5%+5.4pp | -2.9%-4.1pp | 1.2%-5.5pp | 6.7%+5.7pp | 1.0%+8.9pp | -8.0% |
Similar Companies
Frequently Asked Questions
What is Xpo Inc's annual revenue?
Xpo Inc (XPO) reported $8.2B in total revenue for fiscal year 2025. This represents a 1.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Xpo Inc's revenue growing?
Xpo Inc (XPO) revenue grew by 1.1% year-over-year, from $8.1B to $8.2B in fiscal year 2025.
Is Xpo Inc profitable?
Yes, Xpo Inc (XPO) reported a net income of $316.0M in fiscal year 2025, with a net profit margin of 3.9%.
What is Xpo Inc's earnings per share (EPS)?
Xpo Inc (XPO) reported diluted earnings per share of $2.64 for fiscal year 2025. This represents a -18.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Xpo Inc's EBITDA?
Xpo Inc (XPO) had EBITDA of $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Xpo Inc have?
As of fiscal year 2025, Xpo Inc (XPO) had $310.0M in cash and equivalents against $3.3B in long-term debt.
What is Xpo Inc's operating margin?
Xpo Inc (XPO) had an operating margin of 8.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Xpo Inc's net profit margin?
Xpo Inc (XPO) had a net profit margin of 3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Xpo Inc's return on equity (ROE)?
Xpo Inc (XPO) has a return on equity of 17.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Xpo Inc's free cash flow?
Xpo Inc (XPO) generated $329.0M in free cash flow during fiscal year 2025. This represents a 1631.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Xpo Inc's operating cash flow?
Xpo Inc (XPO) generated $986.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Xpo Inc's total assets?
Xpo Inc (XPO) had $8.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Xpo Inc's capital expenditures?
Xpo Inc (XPO) invested $657.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does Xpo Inc buy back shares?
Yes, Xpo Inc (XPO) spent $125.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Xpo Inc have outstanding?
Xpo Inc (XPO) had 117M shares outstanding as of fiscal year 2025.
What is Xpo Inc's current ratio?
Xpo Inc (XPO) had a current ratio of 1.05 as of fiscal year 2025, which is considered adequate.
What is Xpo Inc's debt-to-equity ratio?
Xpo Inc (XPO) had a debt-to-equity ratio of 1.75 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Xpo Inc's return on assets (ROA)?
Xpo Inc (XPO) had a return on assets of 3.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Xpo Inc's Altman Z-Score?
Xpo Inc (XPO) has an Altman Z-Score of 3.59, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Xpo Inc's Piotroski F-Score?
Xpo Inc (XPO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Xpo Inc's earnings high quality?
Xpo Inc (XPO) has an earnings quality ratio of 3.12x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Xpo Inc cover its interest payments?
Xpo Inc (XPO) has an interest coverage ratio of 3.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Xpo Inc?
Xpo Inc (XPO) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.