XPO's revenue has reaccelerated to 12.4% year-over-year growth in 2026Q3 to roughly $2.4B, and operating margin has held between 8.1% and 12.1%, suggesting a cyclical recovery in freight demand is taking hold.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue grew 12.4% year-over-year to roughly $2.4B in 2026Q3 and operating margin reached 12.1%, though gross margin volatility from 11.4% to 46.9% across quarters suggests presentation issues warrant investigation.
XPO is one of the largest providers of asset-based less-than-truckload (LTL) freight transportation in North America, offering optimized shipping with fast transit times.
Recent institutional activity, including selling $115 strike puts expiring in 2026, indicates strong confidence with a ~22% margin of safety at current stock prices.
The stock presents a bullish opportunity due to strong fundamentals and a significant margin of safety, as highlighted by recent trades and market analysis.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $1.70+7.6% vs $1.58 | $2.4B-0.3% vs $2.4B |
Q3 2026 Jul 30, 2026 | $1.70+14.9% vs $1.48 | $2.4B+3.4% vs $2.3B |
Q2 2026 Apr 30, 2026 | $1.01+14.9% vs $0.88 | $2.1B+2.8% vs $2.0B |
Q1 2026 Feb 5, 2026 | $0.88+15.2% vs $0.76 | $2.0B+2.8% vs $2.0B |
XPO saw 5% tonnage growth in the third quarter, its best performance in years. Including a fuel surcharge, North American LTL revenue was up by 17%.
XPO, Inc. (XPO) Q3 2026 Earnings Call Transcript
The headline numbers for XPO (XPO) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
XPO (XPO) came out with quarterly earnings of $1.7 per share, beating the Zacks Consensus Estimate of $1.56 per share. This compares to earnings of $1.07 per share a year ago.
Benchmark XPO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for XPO Logistics, Inc. (XPO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $176.95 | $20.78B | 41.51 | 1.05% | 5.69% | 26.31% | — | |
| $164.92 | $34.3B | 29.54 | -5.48% | 20.08% | 25.92% | 0.68% | |
| $331.90 | $8.85B | 31.44 | 0.79% | 8.01% | 10.53% | — | |
| $127.91 | $2.85B | 100.02 | -4.04% | 0.66% | 2.23% | 0.37% | |
| $94.94 | $7.8B | 20.32 | 31.1% | 4.21% | 14.16% | 2.66% | |
| $108.30 | $92B | 20.87 | -2.46% | 4.84% | 28.45% | 5.86% |
XPO Logistics, Inc. (XPO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
XPO Logistics, Inc. (XPO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Oct 29, 2026·SEC
Jul 30, 2026·SEC
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XPO Logistics, Inc. (XPO) stock FAQ — growth, dividends, profitability & financials explained
XPO Logistics, Inc. (XPO) reported $8.84B in revenue over the trailing twelve months. Revenue was $8.16B in fiscal year 2025. That is 96236% more than the $8.5M of fiscal year 2001.
XPO Logistics, Inc. (XPO) grew revenue by 9.5% over the trailing twelve months, compared with the twelve months before.
Yes. XPO Logistics, Inc. (XPO) earned $503.0M in net income over the trailing twelve months (a 5.7% net margin).
XPO Logistics, Inc. (XPO) had a return on equity (ROE) of 26.3% over the trailing twelve months. That is well above the market's typical 10-15%.
XPO Logistics, Inc. (XPO) generated $657.0M in free cash flow over the trailing twelve months.
