XPO, Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	316	387	189	666	336
Depreciation & Amortization	521	490	432	392	385
Loss (Gain) From Sale of Assets	-17	-40	-5	-60	-72
Asset Writedown & Restructuring Costs	-	-	-	64	-
Stock-Based Compensation	77	87	78	77	31
Other Operating Activities	134	78	99	-316	-160
Change in Accounts Receivable	-47	-47	-46	-100	-171
Change in Accounts Payable	-22	-8	-48	62	98
Change in Other Net Operating Assets	24	-139	-5	39	43
Operating Cash Flow	986	808	682	832	721
Operating Cash Flow Growth	22.03%	18.48%	-18.03%	15.39%	-18.53%
Capital Expenditures	-657	-789	-1,533	-521	-269
Sale of Property, Plant & Equipment	41	75	29	88	131
Investment in Securities	-	12	-	-	-
Other Investing Activities	-	-	5	678	-139
Investing Cash Flow	-616	-702	-1,499	245	-277
Short-Term Debt Issued	23	-	34	275	-
Long-Term Debt Issued	-	-	2,962	-	-
Total Debt Issued	23	-	2,996	275	-
Short-Term Debt Repaid	-	-9	-	-295	-
Long-Term Debt Repaid	-188	-82	-2,188	-1,129	-3,073
Total Debt Repaid	-188	-91	-2,188	-1,424	-3,073
Net Debt Issued (Repaid)	-165	-91	808	-1,149	-3,073
Issuance of Common Stock	-	-	-	-	384
Repurchase of Common Stock	-175	-129	-19	-27	-28
Other Financing Activities	1	-6	-28	314	483
Financing Cash Flow	-339	-226	761	-862	-2,234
Foreign Exchange Rate Adjustments	-1	-	5	-18	-2
Miscellaneous Cash Flow Adjustments	1	-	-	-	-
Net Cash Flow	31	-120	-51	197	-1,792
Free Cash Flow	329	19	-851	311	452
Free Cash Flow Growth	1631.58%	-	-	-31.20%	-28.93%
Free Cash Flow Margin	4.03%	0.24%	-10.99%	4.03%	6.28%
Free Cash Flow Per Share	2.77	0.16	-7.21	2.68	3.96
Cash Interest Paid	229	223	185	145	253
Cash Income Tax Paid	-4	90	34	87	78
Levered Free Cash Flow	266.5	-108.63	-753.38	408.25	124.63
Unlevered Free Cash Flow	403.38	30.75	-648.38	492.63	256.5
Change in Working Capital	-45	-194	-99	1	-30

Source: S&P Global Market Intelligence. Standard template. Financial Sources.