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Companies / Industrials / RXO, Inc.
RXO

RXO, Inc.

IndustrialsTransportation & Utilities
Ticker RXOCHARLOTTE, NCFiscal year ends DecemberBook value per share $8.95Diluted shares 169.5M

RXO, Inc. (NYSE: RXO) operates an asset-light, technology-enabled transportation brokerage platform that connects shippers with independent carriers. Its core truck brokerage business arranges contract and spot truckload freight, while complementary services include managed transportation, last mile delivery,… From the company’s description.

Over the twelve months to Sep 30, 2026, RXO, Inc. reported revenue of $6.54B, up 10.1% from a year earlier, and a net loss of $88.00M. Its operating margin was −0.8%, and operations used $15.00M in cash. In fiscal 2025, it reported revenue of $5.74B, up 26.2% from fiscal 2024, and a net loss of $100.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$5.74BFY2025
+26.2% year over year
Last 12 mo $6.54B
-1.38%FY2025
−0.1 percentage points
Last 12 mo -0.80%
$-100.00MFY2025
+65.5% year over year
Last 12 mo $-88.00M
-2.82%FY2025
+13 percentage points
Last 12 mo -2.13%
Cash & financing
$51.00MFY2025
+525.0% year over year
Last 12 mo $-15.00M
$-8.00MFY2025
+86.0% year over year
Last 12 mo $-73.00M
0.26FY2025
Was 0.23× a year earlier
Last 12 mo 0.33
168.5MFY2025
+26.3% year over year
Last 12 mo 169.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What RXO, Inc. does

In the company’s own words

RXO, Inc. (NYSE: RXO) operates an asset-light, technology-enabled transportation brokerage platform that connects shippers with independent carriers. Its core truck brokerage business arranges contract and spot truckload freight, while complementary services include managed transportation, last mile delivery, expedited shipping, freight forwarding, customs brokerage and middle-mile transportation. Managed transportation serves shippers that outsource freight planning and procurement; last mile customers include omnichannel and e-commerce retailers and direct-to-consumer manufacturers. RXO uses its RXO Connect digital platform to match loads with capacity and support booking, pricing, tracking and shipment visibility. The company reports one operating segment, brokered transportation. In 2025, revenue was approximately $5.7 billion, and its workforce totaled 9,218 team members. RXO became an independent public company in 2022 through its spin-off from XPO and expanded its truck brokerage operations with its 2024 acquisition of Coyote from UPS. Its website is www.rxo.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
CHARLOTTE, NC
Fiscal year end
December
CIK
1929561
SIC
4700

Financial performance, year by year

Fiscal 2022–2025 · USD
$-972.90M$1.08B$3.12B$5.17B$7.22B2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns RXO, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

256
funds hold it
1 of 35
superinvestors hold it
$1.56B
held by funds, at market
36.0%
of shares held by funds
1
bond issues held by funds

Superinvestors in RXO, Inc. · what they did last quarter

Polen CapitalNEW
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · RXO, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.25%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.14%of fund net assets
Hood River Small-Cap Growth Fund
HRSMX · Manager Directed Portfolios
1.78%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

RXO, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of RXO, Inc.’s debt, $161.75M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.38%, maturing 2031 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do RXO, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of RXO, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in RXO, Inc.'s last four quarterly filings that the numbers alone won't show?”
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