XPO Logistics, Inc. (XPO)

XPO Logistics Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	7,744	7,718	7,202	10,199	10,681
Revenue Growth (YoY)	0.34%	7.16%	-29.39%	-4.51%	-38.19%
Cost of Revenue	3,383	3,651	3,426	8,185	8,545
Gross Profit	4,361	4,067	3,776	2,014	2,136
Selling, General & Admin	3,159	2,945	2,866	1,210	1,068
Other Operating Expenses	764	745	598	576	507
Operating Expenses	3,923	3,690	3,464	1,786	1,575
Operating Income	438	377	312	228	561
Interest Expense / Income	168	135	211	307	268
Other Expense / Income	13	-498	-246	-167	-186
Pretax Income	257	740	347	88	479
Income Tax	68	74	11	-22	60
Net Income	189	666	336	110	419
Preferred Dividends	0	0	0	31	40
Net Income Common	189	666	336	79	379
Net Income Growth	-71.62%	98.21%	325.32%	-79.16%	-2.82%
Shares Outstanding (Basic)	116	115	112	92	96
Shares Outstanding (Diluted)	118	116	114	92	106
Shares Change	1.72%	1.75%	23.91%	-13.21%	-21.48%
EPS (Basic)	1.64	5.79	2.99	0.87	3.95
EPS (Diluted)	1.60	5.76	2.93	0.87	3.57
EPS Growth	-72.22%	96.59%	236.78%	-75.63%	23.96%
Free Cash Flow	-822	399	583	765	649
Free Cash Flow Per Share	-7.09	3.47	5.21	8.31	6.76
Gross Margin	56.31%	52.69%	52.43%	19.75%	20.00%
Operating Margin	5.66%	4.88%	4.33%	2.24%	5.25%
Profit Margin	2.44%	8.63%	4.67%	0.77%	3.55%
Free Cash Flow Margin	-10.61%	5.17%	8.09%	7.50%	6.08%
Effective Tax Rate	26.46%	10.00%	3.17%	-25.00%	12.53%
EBITDA	857	1,267	943	865	1,214
EBITDA Margin	11.07%	16.42%	13.09%	8.48%	11.37%
Depreciation & Amortization	432	392	385	470	467
EBIT	425	875	558	395	747
EBIT Margin	5.49%	11.34%	7.75%	3.87%	6.99%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).