XPO, Inc. (XPO)

XPO, Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,009	8,072	7,744	7,718	7,202	6,168
Revenue Growth (YoY)	-0.10%	4.24%	0.34%	7.17%	16.76%	-42.25%
Cost of Revenue	6,597	6,667	6,542	6,596	6,292	4,858
Gross Profit	1,412	1,405	1,202	1,122	910	1,310
Selling, General & Admin	113	109	149	183	113	698
Other Operating Expenses	80	80	60	58	56	-
Operating Expenses	698	679	641	633	554	1,076
Operating Income	714	726	561	489	356	234
Interest Expense	-221	-223	-168	-135	-211	-308
Other Non Operating Income (Expenses)	-13	-3	-3	55	-1	-1
EBT Excluding Unusual Items	480	500	390	409	144	-75
Merger & Restructuring Charges	-33	-27	-44	-50	-19	-22
Impairment of Goodwill	-	-	-	-64	-	-
Gain (Loss) on Sale of Investments	10	13	-	-	-	-
Gain (Loss) on Sale of Assets	38	40	5	60	72	-
Legal Settlements	13	-	-8	-	-	-
Other Unusual Items	-38	-53	-83	-97	-90	-67
Pretax Income	470	473	260	258	107	-164
Income Tax Expense	125	86	68	74	11	-54
Earnings From Continuing Operations	345	387	192	184	96	-110
Earnings From Discontinued Operations	-	-	-3	482	240	217
Net Income to Company	345	387	189	666	336	107
Minority Interest in Earnings	-	-	-	-	-	3
Net Income	345	387	189	666	336	110
Preferred Dividends & Other Adjustments	-	-	-	-	-	31
Net Income to Common	345	387	189	666	336	79
Net Income Growth	-3.90%	104.76%	-71.62%	98.21%	205.45%	-73.75%
Shares Outstanding (Basic)	117	116	116	115	112	92
Shares Outstanding (Diluted)	120	120	118	116	114	92
Shares Change (YoY)	-	1.70%	1.72%	1.75%	23.91%	-13.21%
EPS (Basic)	2.95	3.34	1.63	5.79	3.00	0.86
EPS (Diluted)	2.89	3.23	1.59	5.75	2.94	0.86
EPS Growth	-3.64%	102.56%	-72.25%	95.73%	241.83%	-75.94%
Free Cash Flow	154	19	-851	311	452	636
Free Cash Flow Per Share	1.29	0.16	-7.21	2.68	3.96	6.91
Gross Margin	17.63%	17.41%	15.52%	14.54%	12.63%	21.24%
Operating Margin	8.91%	8.99%	7.24%	6.34%	4.94%	3.79%
Profit Margin	4.31%	4.79%	2.44%	8.63%	4.67%	1.28%
Free Cash Flow Margin	1.92%	0.24%	-10.99%	4.03%	6.28%	10.31%
EBITDA	1,219	1,216	993	881	741	612
EBITDA Margin	15.22%	15.06%	12.82%	11.42%	10.29%	9.92%
D&A For EBITDA	505	490	432	392	385	378
EBIT	714	726	561	489	356	234
EBIT Margin	8.91%	8.99%	7.24%	6.34%	4.94%	3.79%
Effective Tax Rate	26.60%	18.18%	26.15%	28.68%	10.28%	-

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q