Last 48 quarters of trend data · Technology · Information Technology Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has compressed 52.2% YoY to 8.1x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -0.37 | — | — | — | — | — | — | — | 24.21 | — | — | 13.53 | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.06 | 0.02 | 0.04 | 0.06 | 0.11 | 0.10 | 0.16 | 0.21 | 0.23 | 0.37 | 0.32 | 0.37 | 0.33 |
| — | -78.3% | -77.0% | -71.2% | -54.5% | -71.9% | -49.1% | -43.4% | -30.6% | +4.3% | +8.8% | +28.4% | +1.1% | |
| P/B Ratio | 0.57 | 0.53 | 0.45 | 0.80 | 0.49 | 0.47 | 0.80 | 0.84 | 0.56 | 0.85 | 0.81 | 0.82 | 0.65 |
| — | +11.9% | -43.9% | -4.7% | -12.9% | -44.6% | -1.2% | +3.3% | -12.8% | +21.9% | +27.7% | +39.3% | +15.2% | |
| P/FCF | 1.52 | — | 0.24 | 0.91 | — | — | 0.78 | 3.02 | 3.17 | — | 1.49 | 5.50 | 6.64 |
| — | — | -68.8% | -69.8% | — | — | -47.2% | -45.2% | -52.2% | — | -56.1% | — | — | |
| EV / EBITDA | 15.02 | 8.05 | 6.82 | — | 12.67 | 16.86 | 7.69 | 8.17 | 8.84 | 28.93 | 8.78 | 11.17 | 8.61 |
| — | -52.2% | -11.3% | — | +43.4% | -41.7% | -12.4% | -26.8% | +2.7% | +273.1% | +56.9% | +15.9% | -52.7% | |
| EV / EBIT | — | 40.27 | 24.62 | — | 37.59 | — | 37.60 | — | 19.89 | — | — | 18.42 | 14.92 |
| — | — | -34.5% | — | +88.9% | — | — | — | +33.4% | — | — | — | -79.5% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Xerox Holdings Corporation's operating margin was 1.4% in Q1 2026, down 0.7 pp QoQ and up 1.6 pp YoY. The trailing four-quarter average of -0.4% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.1% | 28.1% | 26.8% | 21.2% | 27.2% | 27.7% | 31.1% | 32.4% | 33.0% | 29.5% | 33.5% | 34.3% | 34.0% |
| — | +1.6% | -14.0% | -34.7% | -17.6% | -6.2% | -7.2% | -5.4% | -3.2% | -9.7% | -3.6% | +10.5% | +6.8% | |
| Operating Margin | -0.8% | 1.4% | 2.0% | -6.9% | 1.8% | -0.3% | 2.2% | 4.6% | 4.2% | -0.9% | 4.9% | 3.8% | 5.5% |
| — | +593.4% | -6.8% | -251.4% | -56.7% | +68.3% | -55.5% | +20.1% | -22.4% | -114.7% | -43.4% | +1.2% | +2290.0% | |
| Net Margin | -14.7% | -5.7% | -3.6% | -38.8% | -6.7% | -6.2% | -1.3% | -78.9% | 1.1% | -7.5% | -3.3% | 3.0% | -3.5% |
| — | +7.9% | -176.5% | +50.9% | -689.6% | +17.9% | +60.4% | -2758.8% | +132.8% | -281.7% | -152.7% | +113.6% | -1418.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -104.1% | -21.3% | -11.5% | -78.1% | -8.1% | -7.0% | -1.5% | -58.5% | 0.7% | -4.2% | -2.0% | 1.5% | -1.7% |
| — | -205.2% | -677.8% | -33.6% | -1262.1% | -65.7% | +26.0% | -4062.3% | +140.3% | -308.8% | -158.4% | +114.6% | -1731.7% | |
| ROA | -11.3% | -1.1% | -0.7% | -8.0% | -1.2% | -1.1% | -0.3% | -13.5% | 0.2% | -1.1% | -0.6% | 0.5% | -0.6% |
| — | +1.9% | -191.7% | +40.7% | -770.0% | +4.1% | +55.6% | -3000.8% | +132.8% | -280.2% | -153.8% | +114.4% | -1686.1% | |
| ROIC | -1.0% | 0.4% | 0.7% | -2.1% | 0.5% | -0.1% | 0.6% | 1.0% | 0.9% | -0.2% | 1.1% | 0.7% | 1.1% |
| — | +738.7% | +15.1% | -303.9% | -48.5% | +59.9% | -44.6% | +39.8% | -22.3% | -114.3% | -44.0% | +2.2% | +2582.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Xerox Holdings Corporation's Debt/EBITDA ratio is 35.6x, up from 28.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 8.7% YoY to 1.18x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 6.31 | 14.11 | 6.31 | 7.42 | 3.07 | 2.74 | 2.75 | 2.25 | 1.34 | 1.45 | 1.25 | 1.26 | 0.92 |
| — | +415.4% | +129.3% | +229.4% | +128.2% | +88.2% | +120.5% | +79.2% | +46.5% | +54.3% | +12.9% | +9.9% | -8.6% | |
| Debt / EBITDA | 15.44 | 35.57 | 28.70 | — | 48.21 | 62.64 | 27.18 | 26.73 | 27.63 | 82.39 | 23.37 | 29.91 | 22.28 |
| — | -43.2% | +5.6% | — | +74.5% | -24.0% | +16.3% | -10.6% | +24.1% | +314.6% | +37.1% | -1.5% | -61.1% | |
| Current Ratio | 1.12 | 1.18 | 1.12 | 1.10 | 1.46 | 1.09 | 1.12 | 1.26 | 1.49 | 1.37 | 1.14 | 1.12 | 1.15 |
| — | +8.7% | -0.3% | -12.2% | -2.1% | -20.9% | -2.0% | +12.8% | +29.7% | +8.6% | -7.3% | -4.2% | -4.3% | |
| Quick Ratio | 0.80 | 0.85 | 0.80 | 0.77 | 1.10 | 0.77 | 0.86 | 0.95 | 1.13 | 1.07 | 0.91 | 0.87 | 0.88 |
| — | +11.1% | -6.1% | -19.4% | -2.6% | -28.2% | -5.5% | +9.0% | +27.9% | +11.1% | -8.9% | -6.3% | -9.5% | |
| Interest Coverage | -0.97 | 0.30 | 0.51 | -1.70 | 0.53 | -0.12 | 0.87 | -34.06 | 1.81 | -4.77 | -2.11 | 5.50 | 7.17 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying XRX stock.
Xerox Holdings Corporation's current P/E is -0.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Xerox Holdings Corporation's current operating margin is -0.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Xerox Holdings Corporation's business trajectory between earnings reports.