XPO Logistics, Inc. (XPO) 10-Year Financial Performance & Capital Metrics

XPO • • Industrial / General

IndustrialsFreight & LogisticsIntermodal & Truckload TransportationIntermodal & LTL Specialists

AboutXPO Logistics, Inc. provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services. This segment also offers cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. The Brokerage and Other Services segment offers last mile logistics for heavy goods sold through e-commerce, omnichannel retail, and direct-to-consumer channels, as well as other non-core brokered freight transportation modes. It provides its services to customers in various industries, such as industrial and manufacturing, retail and e-commerce, food and beverage, logistics and transportation, and consumer goods. The company was incorporated in 2000 and is based in Greenwich, Connecticut.Show more

Revenue $8.07B +4.2%
EBITDA $1.15B +32.2%
Net Income $387M +104.8%
EPS (Diluted) 3.23 +101.9%
Gross Margin 11.34% +14.0%
EBITDA Margin 14.25% +26.8%
Operating Margin 8.18% +44.6%
Net Margin 4.79% +96.4%
ROE 27.01% +62.8%
ROIC 9.48% +26.5%
Debt/Equity 2.57 -20.8%
Interest Coverage 2.96 +13.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 35.2%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗High debt to equity ratio of 2.6x
✗Sales declining 5.4% over 5 years
✗Expensive at 11.6x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.1%

5Y-5.45%

3Y3.87%

TTM-0.28%

Profit (Net Income) CAGR

10Y-

5Y-1.58%

3Y4.82%

TTM-10.27%

EPS CAGR

10Y-

5Y-1.98%

3Y3.07%

TTM-10.06%

ROCE

10Y Avg5.44%

5Y Avg6.09%

3Y Avg8.65%

Latest10.82%

Peer Comparison

Intermodal & LTL Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
XPOXPO Logistics, Inc.	18.13B	154.42	47.81	4.24%	4.12%	18.27%	0.08%	2.57
JBHTJ.B. Hunt Transport Services, Inc.	19.66B	206.52	37.14	-5.79%	4.75%	16.03%	3.14%	0.45
HUBGHub Group, Inc.	2.87B	47.44	27.91	-6.1%	2.82%	5.98%	5%	0.30
FWRDForward Air Corporation	917.76M	29.37	-0.99	80.51%	-4.64%	-59.17%		7.51

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	7.62B	14.62B	15.38B	17.28B	10.68B	6.17B	7.2B	7.72B	7.74B	8.07B
Revenue Growth %	2.23%	0.92%	0.05%	0.12%	-0.38%	-0.42%	0.17%	0.07%	0%	0.04%
Cost of Goods Sold+	6.54B	12.5B	13.14B	14.74B	9.01B	5.24B	6.68B	6.99B	6.97B	7.16B
COGS % of Revenue	0.86%	0.86%	0.85%	0.85%	0.84%	0.85%	0.93%	0.91%	0.9%	0.89%
Gross Profit+	1.08B	2.12B	2.24B	2.54B	1.67B	932M	525M	730M	770M	915M
Gross Margin %	0.14%	0.14%	0.15%	0.15%	0.16%	0.15%	0.07%	0.09%	0.1%	0.11%
Gross Profit Growth %	1.84%	0.95%	0.06%	0.13%	-0.34%	-0.44%	-0.44%	0.39%	0.05%	0.19%
Operating Expenses+	1.11B	1.65B	1.66B	1.84B	1.11B	835M	213M	353M	332M	255M
OpEx % of Revenue	0.15%	0.11%	0.11%	0.11%	0.1%	0.14%	0.03%	0.05%	0.04%	0.03%
Selling, General & Admin	1.11B	1.65B	1.66B	1.84B	1.07B	746M	174M	183M	167M	134M
SG&A % of Revenue	0.15%	0.11%	0.11%	0.11%	0.1%	0.12%	0.02%	0.02%	0.02%	0.02%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	40M	89M	39M	170M	165M	121M
Operating Income+	-28.6M	464M	582M	704M	561M	97M	312M	377M	438M	660M
Operating Margin %	-0%	0.03%	0.04%	0.04%	0.05%	0.02%	0.04%	0.05%	0.06%	0.08%
Operating Income Growth %	0.3%	17.22%	0.25%	0.21%	-0.2%	-0.83%	2.22%	0.21%	0.16%	0.51%
EBITDA+	336.3M	1.11B	1.24B	1.42B	1.03B	475M	697M	769M	870M	1.15B
EBITDA Margin %	0.04%	0.08%	0.08%	0.08%	0.1%	0.08%	0.1%	0.1%	0.11%	0.14%
EBITDA Growth %	4.86%	2.29%	0.12%	0.15%	-0.28%	-0.54%	0.47%	0.1%	0.13%	0.32%
D&A (Non-Cash Add-back)	364.9M	643M	658M	716M	467M	378M	385M	392M	432M	490M
EBIT	-65.8M	468M	545M	783M	569M	144M	318M	393M	428M	696M
Net Interest Income+	-216.7M	-361M	-284M	-217M	-268M	-308M	-211M	-135M	-168M	-223M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	216.7M	361M	284M	217M	268M	308M	211M	135M	168M	223M
Other Income/Expense	-253.9M	-357M	-321M	-138M	-260M	-261M	-205M	-119M	-178M	-187M
Pretax Income+	-282.5M	107M	261M	566M	301M	-164M	107M	258M	260M	473M
Pretax Margin %	-0.04%	0.01%	0.02%	0.03%	0.03%	-0.03%	0.01%	0.03%	0.03%	0.06%
Income Tax+	-90.9M	22M	-99M	122M	60M	-54M	11M	74M	68M	86M
Effective Tax Rate %	0.68%	0.64%	1.3%	0.75%	1.39%	-0.67%	3.14%	2.58%	0.73%	0.82%
Net Income+	-191.1M	69M	340M	422M	419M	110M	336M	666M	189M	387M
Net Margin %	-0.03%	0%	0.02%	0.02%	0.04%	0.02%	0.05%	0.09%	0.02%	0.05%
Net Income Growth %	-2%	1.36%	3.93%	0.24%	-0.01%	-0.74%	2.05%	0.98%	-0.72%	1.05%
Net Income (Continuing)	-191.6M	85M	360M	444M	241M	-110M	96M	184M	192M	387M
Discontinued Operations	0	0	0	0	199M	227M	245M	482M	-3M	0
Minority Interest	343.7M	337.6M	405.6M	395M	153M	140M	0	0	0	0
EPS (Diluted)+	-2.65	0.53	2.45	2.88	3.57	0.78	2.95	5.76	1.60	3.23
EPS Growth %	-0.33%	1.2%	3.62%	0.18%	0.24%	-0.78%	2.78%	0.95%	-0.72%	1.02%
EPS (Basic)	-2.65	0.57	2.72	3.17	3.95	0.87	3.00	5.79	1.63	3.34
Diluted Shares Outstanding	92.8M	122.8M	127.8M	135M	106M	102M	114M	116M	118M	120M
Basic Shares Outstanding	92.8M	110.2M	114.9M	123M	96M	92M	112M	115M	116M	116M
Dividend Payout Ratio	-	0.03%	0%	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.96B	3.07B	3.59B	3.69B	3.34B	5.38B	2.69B	1.63B	1.59B	1.5B
Cash & Short-Term Investments	289.8M	373.4M	397M	502M	377M	1.73B	228M	460M	412M	246M
Cash Only	289.8M	373.4M	397M	502M	377M	1.73B	228M	460M	412M	246M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.43B	2.31B	2.73B	2.6B	2.5B	1.68B	908M	954M	973M	977M
Days Sales Outstanding	116.4	57.76	64.67	54.84	85.43	99.42	46.02	45.12	45.86	44.18
Inventory	48.9M	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	2.73	-	-	-	-	-	-	-	-	-
Other Current Assets	45.1M	276.4M	466M	590M	465M	1.97B	1.55B	216M	208M	282M
Total Non-Current Assets+	9.69B	8.62B	9.01B	8.58B	10.79B	10.8B	6.03B	4.64B	5.9B	6.21B
Property, Plant & Equipment	2.85B	2.54B	2.66B	2.6B	4.95B	2.73B	2.37B	2.55B	3.78B	4.13B
Fixed Asset Turnover	2.67x	5.76x	5.77x	6.63x	2.16x	2.26x	3.04x	3.03x	2.05x	1.95x
Goodwill	4.61B	4.33B	4.56B	4.47B	4.45B	2.54B	1.59B	1.47B	1.5B	1.46B
Intangible Assets	1.88B	1.53B	1.44B	1.25B	1.09B	675M	470M	407M	422M	360M
Long-Term Investments	0	0	0	0	0	0	0	0	0	60M
Other Non-Current Assets	233.1M	224.2M	351M	257M	296M	4.85B	1.59B	209M	196M	194M
Total Assets+	12.64B	11.7B	12.6B	12.27B	14.13B	16.18B	8.72B	6.27B	7.49B	7.71B
Asset Turnover	0.60x	1.25x	1.22x	1.41x	0.76x	0.38x	0.83x	1.23x	1.03x	1.05x
Asset Growth %	3.6%	-0.07%	0.08%	-0.03%	0.15%	0.15%	-0.46%	-0.28%	0.2%	0.03%
Total Current Liabilities+	2.69B	2.73B	3B	3.31B	3.26B	5.16B	2.55B	1.51B	1.59B	1.42B
Accounts Payable	1.06B	1.06B	1.25B	1.26B	1.16B	854M	519M	521M	532M	477M
Days Payables Outstanding	59.38	30.84	34.76	31.16	46.86	59.53	28.37	27.21	27.84	24.33
Short-Term Debt	164.8M	136.5M	104M	367M	84M	1.28B	58M	59M	69M	62M
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	0	0
Other Current Liabilities	111.7M	109.4M	116M	208M	135M	1.83B	1.04B	46M	93M	46M
Current Ratio	1.10x	1.13x	1.20x	1.11x	1.03x	1.04x	1.05x	1.08x	1.00x	1.06x
Quick Ratio	1.08x	1.13x	1.20x	1.11x	1.03x	1.04x	1.05x	1.08x	1.00x	1.06x
Cash Conversion Cycle	59.75	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	6.89B	5.93B	5.59B	4.99B	7.97B	8.17B	5.03B	3.75B	4.64B	4.69B
Long-Term Debt	5.27B	4.73B	4.42B	3.9B	5.18B	5.24B	3.51B	2.47B	3.33B	3.33B
Capital Lease Obligations	0	0	0	0	1.78B	696M	596M	606M	588M	603M
Deferred Tax Liabilities	933.3M	572.4M	419M	444M	495M	286M	247M	319M	337M	393M
Other Non-Current Liabilities	682.1M	625.3M	758M	641M	521M	1.95B	675M	352M	376M	370M
Total Liabilities	9.58B	8.66B	8.59B	8.3B	11.23B	13.33B	7.58B	5.26B	6.23B	6.11B
Total Debt+	5.44B	4.87B	4.52B	4.27B	7.51B	7.37B	4.27B	3.25B	4.11B	4.12B
Net Debt	5.15B	4.49B	4.13B	3.77B	7.13B	5.64B	4.05B	2.79B	3.7B	3.87B
Debt / Equity	1.78x	1.60x	1.13x	1.08x	2.59x	2.59x	3.76x	3.21x	3.25x	2.57x
Debt / EBITDA	16.17x	4.40x	3.65x	3.01x	7.31x	15.51x	6.13x	4.22x	4.73x	3.58x
Net Debt / EBITDA	15.31x	4.06x	3.33x	2.65x	6.94x	11.87x	5.80x	3.62x	4.25x	3.37x
Interest Coverage	-0.13x	1.29x	2.05x	3.24x	2.09x	0.31x	1.48x	2.79x	2.61x	2.96x
Total Equity+	3.06B	3.04B	4.01B	3.97B	2.9B	2.85B	1.14B	1.01B	1.27B	1.6B
Equity Growth %	0.85%	-0.01%	0.32%	-0.01%	-0.27%	-0.02%	-0.6%	-0.11%	0.25%	0.26%
Book Value per Share	32.98	24.74	31.38	29.41	27.32	27.93	9.98	8.72	10.73	13.33
Total Shareholders' Equity	2.72B	2.7B	3.6B	3.58B	2.74B	2.71B	1.14B	1.01B	1.27B	1.6B
Common Stock	100K	100K	100K	0	0	0	0	0	0	0
Retained Earnings	-457.9M	-392.9M	-42.6M	377M	786M	868M	43M	-4M	185M	572M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-72.3M	-193.7M	15.7M	-154M	-145M	-158M	-84M	-222M	-217M	-246M
Minority Interest	343.7M	337.6M	405.6M	395M	153M	140M	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	90.8M	625.4M	798.6M	1.1B	791M	885M	721M	832M	682M	804M
Operating CF Margin %	0.01%	0.04%	0.05%	0.06%	0.07%	0.14%	0.1%	0.11%	0.09%	0.1%
Operating CF Growth %	5.26%	5.89%	0.28%	0.38%	-0.28%	0.12%	-0.19%	0.15%	-0.18%	0.18%
Net Income	-191.6M	84.5M	360.2M	444M	440M	-110M	96M	184M	192M	387M
Depreciation & Amortization	364.9M	643.4M	658.4M	716M	739M	378M	385M	392M	432M	490M
Stock-Based Compensation	27.9M	54.5M	79.2M	49M	67M	37M	31M	77M	78M	0
Deferred Taxes	-134M	-20.9M	-157.7M	45M	46M	-64M	7M	80M	31M	57M
Other Non-Cash Items	16.8M	54.4M	116.4M	-2M	-54M	552M	232M	98M	48M	64M
Working Capital Changes	6.8M	-190.5M	-257.9M	-150M	-447M	92M	-30M	1M	-99M	-194M
Change in Receivables	7.8M	-153.7M	-320.1M	-13M	-67M	0	-171M	-100M	-46M	-47M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	-51.3M	1.7M	140.1M	35M	-120M	-2M	98M	62M	-48M	-8M
Cash from Investing+	-4.09B	142M	-424.7M	-400M	-161M	-357M	-277M	245M	-1.5B	-702M
Capital Expenditures	-249M	-483.4M	-503.8M	-551M	-601M	-249M	-269M	-521M	-1.53B	-789M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.06%	0.04%	0.04%	0.07%	0.2%	0.1%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	60.3M	77.7M	79.1M	175M	188M	-108M	-8M	737M	32M	12M
Cash from Financing+	3.64B	-680.8M	-366M	-620M	-759M	1.14B	-2.23B	-862M	761M	-222M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.8M	-5.4M	-3M	-8M	-8M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-536.2M	10.7M	281.4M	294M	-570M	-62M	455M	287M	-47M	-131M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-158.2M	142M	294.8M	551M	190M	636M	452M	311M	-851M	15M
FCF Margin %	-0.02%	0.01%	0.02%	0.03%	0.02%	0.1%	0.06%	0.04%	-0.11%	0%
FCF Growth %	-1.4%	1.9%	1.08%	0.87%	-0.66%	2.35%	-0.29%	-0.31%	-3.74%	1.02%
FCF per Share	-1.70	1.16	2.31	4.08	1.79	6.24	3.96	2.68	-7.21	0.13
FCF Conversion (FCF/Net Income)	-0.48x	9.06x	2.35x	2.61x	1.89x	8.05x	2.15x	1.25x	3.61x	2.08x
Interest Paid	168.2M	363.1M	274.2M	233M	281M	314M	253M	145M	185M	0
Taxes Paid	14.5M	40.7M	78.5M	70M	82M	37M	78M	87M	34M	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-8.1%	2.26%	9.65%	10.58%	12.21%	3.83%	16.85%	61.95%	16.59%	27.01%
Return on Invested Capital (ROIC)	-0.44%	4.42%	5.57%	6.65%	4.74%	0.79%	3.42%	6.3%	7.5%	9.48%
Gross Margin	14.23%	14.47%	14.58%	14.71%	15.63%	15.11%	7.29%	9.46%	9.94%	11.34%
Net Margin	-2.51%	0.47%	2.21%	2.44%	3.92%	1.78%	4.67%	8.63%	2.44%	4.79%
Debt / Equity	1.78x	1.60x	1.13x	1.08x	2.59x	2.59x	3.76x	3.21x	3.25x	2.57x
Interest Coverage	-0.13x	1.29x	2.05x	3.24x	2.09x	0.31x	1.48x	2.79x	2.61x	2.96x
FCF Conversion	-0.48x	9.06x	2.35x	2.61x	1.89x	8.05x	2.15x	1.25x	3.61x	2.08x
Revenue Growth	223.48%	91.77%	5.21%	12.34%	-38.19%	-42.25%	16.76%	7.16%	0.34%	4.24%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Transportation	-	-	-	11.34B	-	10.2B	4.19B	4.64B	4.67B	-
Transportation Growth	-	-	-	-	-	-	-58.90%	10.81%	0.56%	-
Brokerage and Other Services	-	-	-	-	-	-	8.91B	-	-	-
Brokerage and Other Services Growth	-	-	-	-	-	-	-	-	-	-
Other Brokerage	-	-	-	-	-	-	2.02B	-	-	-
Other Brokerage Growth	-	-	-	-	-	-	-	-	-	-
Last Mile	-	-	-	-	-	-	1.02B	-	-	-
Last Mile Growth	-	-	-	-	-	-	-	-	-	-
Contract Logistics	2.77B	5.32B	5.72B	6.07B	6.09B	6.18B	-	-	-	-
Contract Logistics Growth	-	92.31%	7.49%	5.98%	0.46%	1.46%	-	-	-	-
Expedited Transportation	-	-	-	-	10.69B	-	-	-	-	-
Expedited Transportation Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	4.28B	8.76B	9.16B	-	-	9.4B	9.2B	4.55B	4.57B	4.79B
UNITED STATES Growth	-	104.70%	4.62%	-	-	-	-2.13%	-50.54%	0.51%	4.81%
FRANCE	-	1.9B	2.01B	-	-	1.83B	1.35B	1.33B	1.29B	1.28B
FRANCE Growth	-	-	5.43%	-	-	-	-26.21%	-1.92%	-2.79%	-1.08%
UNITED KINGDOM	-	-	-	-	-	2.15B	879M	878M	905M	1.02B
UNITED KINGDOM Growth	-	-	-	-	-	-	-59.12%	-0.11%	3.08%	13.04%
Europe, Excluding France And United Kingdom	-	-	-	-	-	2.38B	843M	867M	877M	873M
Europe, Excluding France And United Kingdom Growth	-	-	-	-	-	-	-64.52%	2.85%	1.15%	-0.46%
North America, Excluding United States	-	-	-	-	-	361M	400M	96M	99M	107M
North America, Excluding United States Growth	-	-	-	-	-	-	10.80%	-76.00%	3.13%	8.08%
Europe	2.99B	1.64B	1.93B	-	-	-	-	-	-	-
Europe Growth	-	-44.94%	17.38%	-	-	-	-	-	-	-
North America	166.3M	322M	297.9M	-	-	-	-	-	-	-
North America Growth	-	93.63%	-7.48%	-	-	-	-	-	-	-
Asia	171.9M	264.3M	170.3M	-	-	-	-	-	-	-
Asia Growth	-	53.75%	-35.57%	-	-	-	-	-	-	-
Other Geographical Areas	19.6M	27M	14.7M	-	-	-	-	-	-	-
Other Geographical Areas Growth	-	37.76%	-45.56%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

XPO Logistics, Inc. (XPO) has a price-to-earnings (P/E) ratio of 47.8x. This suggests investors expect higher future growth.

Growth & Financials

XPO Logistics, Inc. (XPO) reported $8.07B in revenue for fiscal year 2024. This represents a 4456% increase from $177.1M in 2011.

XPO Logistics, Inc. (XPO) grew revenue by 4.2% over the past year. Growth has been modest.

Yes, XPO Logistics, Inc. (XPO) is profitable, generating $332.0M in net income for fiscal year 2024 (4.8% net margin).

Dividend & Returns

XPO Logistics, Inc. (XPO) has a return on equity (ROE) of 27.0%. This is excellent, indicating efficient use of shareholder capital.

XPO Logistics, Inc. (XPO) generated $229.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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XPO Logistics, Inc. (XPO) 10-Year Financial Performance & Capital Metrics

XPO • • Industrial / General

IndustrialsFreight & LogisticsIntermodal & Truckload TransportationIntermodal & LTL Specialists

Revenue $8.07B +4.2%
EBITDA $1.15B +32.2%
Net Income $387M +104.8%
EPS (Diluted) 3.23 +101.9%
Gross Margin 11.34% +14.0%
EBITDA Margin 14.25% +26.8%
Operating Margin 8.18% +44.6%
Net Margin 4.79% +96.4%
ROE 27.01% +62.8%
ROIC 9.48% +26.5%
Debt/Equity 2.57 -20.8%
Interest Coverage 2.96 +13.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 35.2%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

✗High debt to equity ratio of 2.6x
✗Sales declining 5.4% over 5 years
✗Expensive at 11.6x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.1%

5Y-5.45%

3Y3.87%

TTM-0.28%

Profit (Net Income) CAGR

10Y-

5Y-1.58%

3Y4.82%

TTM-10.27%

EPS CAGR

10Y-

5Y-1.98%

3Y3.07%

TTM-10.06%

ROCE

10Y Avg5.44%

5Y Avg6.09%

3Y Avg8.65%

Latest10.82%

Peer Comparison

Intermodal & LTL Specialists

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
XPOXPO Logistics, Inc.	18.13B	154.42	47.81	4.24%	4.12%	18.27%	0.08%	2.57
JBHTJ.B. Hunt Transport Services, Inc.	19.66B	206.52	37.14	-5.79%	4.75%	16.03%	3.14%	0.45
HUBGHub Group, Inc.	2.87B	47.44	27.91	-6.1%	2.82%	5.98%	5%	0.30
FWRDForward Air Corporation	917.76M	29.37	-0.99	80.51%	-4.64%	-59.17%		7.51

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	7.62B	14.62B	15.38B	17.28B	10.68B	6.17B	7.2B	7.72B	7.74B	8.07B
Revenue Growth %	2.23%	0.92%	0.05%	0.12%	-0.38%	-0.42%	0.17%	0.07%	0%	0.04%
Cost of Goods Sold+	6.54B	12.5B	13.14B	14.74B	9.01B	5.24B	6.68B	6.99B	6.97B	7.16B
COGS % of Revenue	0.86%	0.86%	0.85%	0.85%	0.84%	0.85%	0.93%	0.91%	0.9%	0.89%
Gross Profit+	1.08B	2.12B	2.24B	2.54B	1.67B	932M	525M	730M	770M	915M
Gross Margin %	0.14%	0.14%	0.15%	0.15%	0.16%	0.15%	0.07%	0.09%	0.1%	0.11%
Gross Profit Growth %	1.84%	0.95%	0.06%	0.13%	-0.34%	-0.44%	-0.44%	0.39%	0.05%	0.19%
Operating Expenses+	1.11B	1.65B	1.66B	1.84B	1.11B	835M	213M	353M	332M	255M
OpEx % of Revenue	0.15%	0.11%	0.11%	0.11%	0.1%	0.14%	0.03%	0.05%	0.04%	0.03%
Selling, General & Admin	1.11B	1.65B	1.66B	1.84B	1.07B	746M	174M	183M	167M	134M
SG&A % of Revenue	0.15%	0.11%	0.11%	0.11%	0.1%	0.12%	0.02%	0.02%	0.02%	0.02%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	40M	89M	39M	170M	165M	121M
Operating Income+	-28.6M	464M	582M	704M	561M	97M	312M	377M	438M	660M
Operating Margin %	-0%	0.03%	0.04%	0.04%	0.05%	0.02%	0.04%	0.05%	0.06%	0.08%
Operating Income Growth %	0.3%	17.22%	0.25%	0.21%	-0.2%	-0.83%	2.22%	0.21%	0.16%	0.51%
EBITDA+	336.3M	1.11B	1.24B	1.42B	1.03B	475M	697M	769M	870M	1.15B
EBITDA Margin %	0.04%	0.08%	0.08%	0.08%	0.1%	0.08%	0.1%	0.1%	0.11%	0.14%
EBITDA Growth %	4.86%	2.29%	0.12%	0.15%	-0.28%	-0.54%	0.47%	0.1%	0.13%	0.32%
D&A (Non-Cash Add-back)	364.9M	643M	658M	716M	467M	378M	385M	392M	432M	490M
EBIT	-65.8M	468M	545M	783M	569M	144M	318M	393M	428M	696M
Net Interest Income+	-216.7M	-361M	-284M	-217M	-268M	-308M	-211M	-135M	-168M	-223M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	216.7M	361M	284M	217M	268M	308M	211M	135M	168M	223M
Other Income/Expense	-253.9M	-357M	-321M	-138M	-260M	-261M	-205M	-119M	-178M	-187M
Pretax Income+	-282.5M	107M	261M	566M	301M	-164M	107M	258M	260M	473M
Pretax Margin %	-0.04%	0.01%	0.02%	0.03%	0.03%	-0.03%	0.01%	0.03%	0.03%	0.06%
Income Tax+	-90.9M	22M	-99M	122M	60M	-54M	11M	74M	68M	86M
Effective Tax Rate %	0.68%	0.64%	1.3%	0.75%	1.39%	-0.67%	3.14%	2.58%	0.73%	0.82%
Net Income+	-191.1M	69M	340M	422M	419M	110M	336M	666M	189M	387M
Net Margin %	-0.03%	0%	0.02%	0.02%	0.04%	0.02%	0.05%	0.09%	0.02%	0.05%
Net Income Growth %	-2%	1.36%	3.93%	0.24%	-0.01%	-0.74%	2.05%	0.98%	-0.72%	1.05%
Net Income (Continuing)	-191.6M	85M	360M	444M	241M	-110M	96M	184M	192M	387M
Discontinued Operations	0	0	0	0	199M	227M	245M	482M	-3M	0
Minority Interest	343.7M	337.6M	405.6M	395M	153M	140M	0	0	0	0
EPS (Diluted)+	-2.65	0.53	2.45	2.88	3.57	0.78	2.95	5.76	1.60	3.23
EPS Growth %	-0.33%	1.2%	3.62%	0.18%	0.24%	-0.78%	2.78%	0.95%	-0.72%	1.02%
EPS (Basic)	-2.65	0.57	2.72	3.17	3.95	0.87	3.00	5.79	1.63	3.34
Diluted Shares Outstanding	92.8M	122.8M	127.8M	135M	106M	102M	114M	116M	118M	120M
Basic Shares Outstanding	92.8M	110.2M	114.9M	123M	96M	92M	112M	115M	116M	116M
Dividend Payout Ratio	-	0.03%	0%	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.96B	3.07B	3.59B	3.69B	3.34B	5.38B	2.69B	1.63B	1.59B	1.5B
Cash & Short-Term Investments	289.8M	373.4M	397M	502M	377M	1.73B	228M	460M	412M	246M
Cash Only	289.8M	373.4M	397M	502M	377M	1.73B	228M	460M	412M	246M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.43B	2.31B	2.73B	2.6B	2.5B	1.68B	908M	954M	973M	977M
Days Sales Outstanding	116.4	57.76	64.67	54.84	85.43	99.42	46.02	45.12	45.86	44.18
Inventory	48.9M	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	2.73	-	-	-	-	-	-	-	-	-
Other Current Assets	45.1M	276.4M	466M	590M	465M	1.97B	1.55B	216M	208M	282M
Total Non-Current Assets+	9.69B	8.62B	9.01B	8.58B	10.79B	10.8B	6.03B	4.64B	5.9B	6.21B
Property, Plant & Equipment	2.85B	2.54B	2.66B	2.6B	4.95B	2.73B	2.37B	2.55B	3.78B	4.13B
Fixed Asset Turnover	2.67x	5.76x	5.77x	6.63x	2.16x	2.26x	3.04x	3.03x	2.05x	1.95x
Goodwill	4.61B	4.33B	4.56B	4.47B	4.45B	2.54B	1.59B	1.47B	1.5B	1.46B
Intangible Assets	1.88B	1.53B	1.44B	1.25B	1.09B	675M	470M	407M	422M	360M
Long-Term Investments	0	0	0	0	0	0	0	0	0	60M
Other Non-Current Assets	233.1M	224.2M	351M	257M	296M	4.85B	1.59B	209M	196M	194M
Total Assets+	12.64B	11.7B	12.6B	12.27B	14.13B	16.18B	8.72B	6.27B	7.49B	7.71B
Asset Turnover	0.60x	1.25x	1.22x	1.41x	0.76x	0.38x	0.83x	1.23x	1.03x	1.05x
Asset Growth %	3.6%	-0.07%	0.08%	-0.03%	0.15%	0.15%	-0.46%	-0.28%	0.2%	0.03%
Total Current Liabilities+	2.69B	2.73B	3B	3.31B	3.26B	5.16B	2.55B	1.51B	1.59B	1.42B
Accounts Payable	1.06B	1.06B	1.25B	1.26B	1.16B	854M	519M	521M	532M	477M
Days Payables Outstanding	59.38	30.84	34.76	31.16	46.86	59.53	28.37	27.21	27.84	24.33
Short-Term Debt	164.8M	136.5M	104M	367M	84M	1.28B	58M	59M	69M	62M
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	0	0
Other Current Liabilities	111.7M	109.4M	116M	208M	135M	1.83B	1.04B	46M	93M	46M
Current Ratio	1.10x	1.13x	1.20x	1.11x	1.03x	1.04x	1.05x	1.08x	1.00x	1.06x
Quick Ratio	1.08x	1.13x	1.20x	1.11x	1.03x	1.04x	1.05x	1.08x	1.00x	1.06x
Cash Conversion Cycle	59.75	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	6.89B	5.93B	5.59B	4.99B	7.97B	8.17B	5.03B	3.75B	4.64B	4.69B
Long-Term Debt	5.27B	4.73B	4.42B	3.9B	5.18B	5.24B	3.51B	2.47B	3.33B	3.33B
Capital Lease Obligations	0	0	0	0	1.78B	696M	596M	606M	588M	603M
Deferred Tax Liabilities	933.3M	572.4M	419M	444M	495M	286M	247M	319M	337M	393M
Other Non-Current Liabilities	682.1M	625.3M	758M	641M	521M	1.95B	675M	352M	376M	370M
Total Liabilities	9.58B	8.66B	8.59B	8.3B	11.23B	13.33B	7.58B	5.26B	6.23B	6.11B
Total Debt+	5.44B	4.87B	4.52B	4.27B	7.51B	7.37B	4.27B	3.25B	4.11B	4.12B
Net Debt	5.15B	4.49B	4.13B	3.77B	7.13B	5.64B	4.05B	2.79B	3.7B	3.87B
Debt / Equity	1.78x	1.60x	1.13x	1.08x	2.59x	2.59x	3.76x	3.21x	3.25x	2.57x
Debt / EBITDA	16.17x	4.40x	3.65x	3.01x	7.31x	15.51x	6.13x	4.22x	4.73x	3.58x
Net Debt / EBITDA	15.31x	4.06x	3.33x	2.65x	6.94x	11.87x	5.80x	3.62x	4.25x	3.37x
Interest Coverage	-0.13x	1.29x	2.05x	3.24x	2.09x	0.31x	1.48x	2.79x	2.61x	2.96x
Total Equity+	3.06B	3.04B	4.01B	3.97B	2.9B	2.85B	1.14B	1.01B	1.27B	1.6B
Equity Growth %	0.85%	-0.01%	0.32%	-0.01%	-0.27%	-0.02%	-0.6%	-0.11%	0.25%	0.26%
Book Value per Share	32.98	24.74	31.38	29.41	27.32	27.93	9.98	8.72	10.73	13.33
Total Shareholders' Equity	2.72B	2.7B	3.6B	3.58B	2.74B	2.71B	1.14B	1.01B	1.27B	1.6B
Common Stock	100K	100K	100K	0	0	0	0	0	0	0
Retained Earnings	-457.9M	-392.9M	-42.6M	377M	786M	868M	43M	-4M	185M	572M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-72.3M	-193.7M	15.7M	-154M	-145M	-158M	-84M	-222M	-217M	-246M
Minority Interest	343.7M	337.6M	405.6M	395M	153M	140M	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	90.8M	625.4M	798.6M	1.1B	791M	885M	721M	832M	682M	804M
Operating CF Margin %	0.01%	0.04%	0.05%	0.06%	0.07%	0.14%	0.1%	0.11%	0.09%	0.1%
Operating CF Growth %	5.26%	5.89%	0.28%	0.38%	-0.28%	0.12%	-0.19%	0.15%	-0.18%	0.18%
Net Income	-191.6M	84.5M	360.2M	444M	440M	-110M	96M	184M	192M	387M
Depreciation & Amortization	364.9M	643.4M	658.4M	716M	739M	378M	385M	392M	432M	490M
Stock-Based Compensation	27.9M	54.5M	79.2M	49M	67M	37M	31M	77M	78M	0
Deferred Taxes	-134M	-20.9M	-157.7M	45M	46M	-64M	7M	80M	31M	57M
Other Non-Cash Items	16.8M	54.4M	116.4M	-2M	-54M	552M	232M	98M	48M	64M
Working Capital Changes	6.8M	-190.5M	-257.9M	-150M	-447M	92M	-30M	1M	-99M	-194M
Change in Receivables	7.8M	-153.7M	-320.1M	-13M	-67M	0	-171M	-100M	-46M	-47M
Change in Inventory	0	0	0	0	0	0	0	0	0	0
Change in Payables	-51.3M	1.7M	140.1M	35M	-120M	-2M	98M	62M	-48M	-8M
Cash from Investing+	-4.09B	142M	-424.7M	-400M	-161M	-357M	-277M	245M	-1.5B	-702M
Capital Expenditures	-249M	-483.4M	-503.8M	-551M	-601M	-249M	-269M	-521M	-1.53B	-789M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.06%	0.04%	0.04%	0.07%	0.2%	0.1%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	60.3M	77.7M	79.1M	175M	188M	-108M	-8M	737M	32M	12M
Cash from Financing+	3.64B	-680.8M	-366M	-620M	-759M	1.14B	-2.23B	-862M	761M	-222M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.8M	-5.4M	-3M	-8M	-8M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-536.2M	10.7M	281.4M	294M	-570M	-62M	455M	287M	-47M	-131M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-158.2M	142M	294.8M	551M	190M	636M	452M	311M	-851M	15M
FCF Margin %	-0.02%	0.01%	0.02%	0.03%	0.02%	0.1%	0.06%	0.04%	-0.11%	0%
FCF Growth %	-1.4%	1.9%	1.08%	0.87%	-0.66%	2.35%	-0.29%	-0.31%	-3.74%	1.02%
FCF per Share	-1.70	1.16	2.31	4.08	1.79	6.24	3.96	2.68	-7.21	0.13
FCF Conversion (FCF/Net Income)	-0.48x	9.06x	2.35x	2.61x	1.89x	8.05x	2.15x	1.25x	3.61x	2.08x
Interest Paid	168.2M	363.1M	274.2M	233M	281M	314M	253M	145M	185M	0
Taxes Paid	14.5M	40.7M	78.5M	70M	82M	37M	78M	87M	34M	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-8.1%	2.26%	9.65%	10.58%	12.21%	3.83%	16.85%	61.95%	16.59%	27.01%
Return on Invested Capital (ROIC)	-0.44%	4.42%	5.57%	6.65%	4.74%	0.79%	3.42%	6.3%	7.5%	9.48%
Gross Margin	14.23%	14.47%	14.58%	14.71%	15.63%	15.11%	7.29%	9.46%	9.94%	11.34%
Net Margin	-2.51%	0.47%	2.21%	2.44%	3.92%	1.78%	4.67%	8.63%	2.44%	4.79%
Debt / Equity	1.78x	1.60x	1.13x	1.08x	2.59x	2.59x	3.76x	3.21x	3.25x	2.57x
Interest Coverage	-0.13x	1.29x	2.05x	3.24x	2.09x	0.31x	1.48x	2.79x	2.61x	2.96x
FCF Conversion	-0.48x	9.06x	2.35x	2.61x	1.89x	8.05x	2.15x	1.25x	3.61x	2.08x
Revenue Growth	223.48%	91.77%	5.21%	12.34%	-38.19%	-42.25%	16.76%	7.16%	0.34%	4.24%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Transportation	-	-	-	11.34B	-	10.2B	4.19B	4.64B	4.67B	-
Transportation Growth	-	-	-	-	-	-	-58.90%	10.81%	0.56%	-
Brokerage and Other Services	-	-	-	-	-	-	8.91B	-	-	-
Brokerage and Other Services Growth	-	-	-	-	-	-	-	-	-	-
Other Brokerage	-	-	-	-	-	-	2.02B	-	-	-
Other Brokerage Growth	-	-	-	-	-	-	-	-	-	-
Last Mile	-	-	-	-	-	-	1.02B	-	-	-
Last Mile Growth	-	-	-	-	-	-	-	-	-	-
Contract Logistics	2.77B	5.32B	5.72B	6.07B	6.09B	6.18B	-	-	-	-
Contract Logistics Growth	-	92.31%	7.49%	5.98%	0.46%	1.46%	-	-	-	-
Expedited Transportation	-	-	-	-	10.69B	-	-	-	-	-
Expedited Transportation Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	4.28B	8.76B	9.16B	-	-	9.4B	9.2B	4.55B	4.57B	4.79B
UNITED STATES Growth	-	104.70%	4.62%	-	-	-	-2.13%	-50.54%	0.51%	4.81%
FRANCE	-	1.9B	2.01B	-	-	1.83B	1.35B	1.33B	1.29B	1.28B
FRANCE Growth	-	-	5.43%	-	-	-	-26.21%	-1.92%	-2.79%	-1.08%
UNITED KINGDOM	-	-	-	-	-	2.15B	879M	878M	905M	1.02B
UNITED KINGDOM Growth	-	-	-	-	-	-	-59.12%	-0.11%	3.08%	13.04%
Europe, Excluding France And United Kingdom	-	-	-	-	-	2.38B	843M	867M	877M	873M
Europe, Excluding France And United Kingdom Growth	-	-	-	-	-	-	-64.52%	2.85%	1.15%	-0.46%
North America, Excluding United States	-	-	-	-	-	361M	400M	96M	99M	107M
North America, Excluding United States Growth	-	-	-	-	-	-	10.80%	-76.00%	3.13%	8.08%
Europe	2.99B	1.64B	1.93B	-	-	-	-	-	-	-
Europe Growth	-	-44.94%	17.38%	-	-	-	-	-	-	-
North America	166.3M	322M	297.9M	-	-	-	-	-	-	-
North America Growth	-	93.63%	-7.48%	-	-	-	-	-	-	-
Asia	171.9M	264.3M	170.3M	-	-	-	-	-	-	-
Asia Growth	-	53.75%	-35.57%	-	-	-	-	-	-	-
Other Geographical Areas	19.6M	27M	14.7M	-	-	-	-	-	-	-
Other Geographical Areas Growth	-	37.76%	-45.56%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

XPO Logistics, Inc. (XPO) has a price-to-earnings (P/E) ratio of 47.8x. This suggests investors expect higher future growth.

Growth & Financials

XPO Logistics, Inc. (XPO) reported $8.07B in revenue for fiscal year 2024. This represents a 4456% increase from $177.1M in 2011.

XPO Logistics, Inc. (XPO) grew revenue by 4.2% over the past year. Growth has been modest.

Yes, XPO Logistics, Inc. (XPO) is profitable, generating $332.0M in net income for fiscal year 2024 (4.8% net margin).

Dividend & Returns

XPO Logistics, Inc. (XPO) has a return on equity (ROE) of 27.0%. This is excellent, indicating efficient use of shareholder capital.

XPO Logistics, Inc. (XPO) generated $229.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.