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Companies / Industrials / XPO, Inc.
XPO

XPO, Inc.

IndustrialsTransportation & Utilities
Ticker XPOGREENWICH, CTFiscal year ends DecemberBook value per share $16.49Diluted shares 119.0M

XPO, Inc. (NYSE: XPO) operates as a leading provider of freight transportation services with a global footprint spanning North America and Europe. The company maintains its corporate website at www.xpo.com and serves approximately 55,000 customers ranging from small businesses to Fortune 500 companies across every… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.16B
+1.1% year over year
Last 12 mo $8.57B
8.04%
−0.1 percentage points
Last 12 mo 8.77%
$316.00M
−18.3% year over year
Last 12 mo $404.00M
19.27%
−6.3 percentage points
Last 12 mo 20.59%
Cash & financing
$986.00M
+22.0% year over year
Last 12 mo $1.09B
$329.00M
+1631.6% year over year
Last 12 mo $588.00M
1.78
Was 2.12× a year earlier
Last 12 mo 1.63
119.0M
−0.8% year over year
Last 12 mo 119.0M

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 XPO, Inc. does

In the company’s own words

XPO, Inc. (NYSE: XPO) operates as a leading provider of freight transportation services with a global footprint spanning North America and Europe. The company maintains its corporate website at www.xpo.com and serves approximately 55,000 customers ranging from small businesses to Fortune 500 companies across every major industry vertical.

The company operates through two primary reportable segments: North American Less-Than-Truckload (LTL) and European Transportation. The North American LTL segment represents the largest component of the business and commands approximately nine percent market share of the estimated fifty-three billion dollar U.S. LTL market. This segment moved approximately sixteen billion pounds of freight through its network in 2025, serving approximately 37,000 shippers with day-definite domestic services to roughly ninety-nine percent of U.S. zip codes, plus cross-border services to Mexico, Canada and the Caribbean. The European Transportation segment maintains leading positions across key geographies, including the number one full truckload broker and pallet network provider in France, the number one full truckload broker and LTL provider in Iberia, and a market-leading position in U.K. warehousing and dedicated truckload services.

As of December 31, 2025, XPO employed approximately 37,000 people across 592 locations in 17 countries. The North American workforce comprises approximately 22,500 employees while Europe accounts for 14,400 employees. The company generated approximately fifty-nine percent of revenue in North America, sixteen percent in France, fourteen percent in the United Kingdom and eleven percent in the rest of Europe during 2025.

XPO differentiates itself through proprietary technology and artificial intelligence capabilities that optimize pricing, linehaul operations, pickup-and-delivery services and dock operations. The company operates its own trailer manufacturing facility and commercial truck driver training schools, providing competitive advantages particularly during constrained industry conditions. The company has invested substantially in fleet modernization, purchasing over 1,200 tractors in 2025 and reducing average tractor age to approximately 3.7 years. XPO's strategy emphasizes best-in-class service delivery, network capacity expansion, yield growth acceleration and cost efficiency improvements through technology-driven innovation.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
GREENWICH, CT
Fiscal year end
December
CIK
1166003
SIC
4700

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.94B$3.30B$8.54B$13.78B$19.03B2013201420152016201720182019202020212022202320242025Last 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 XPO, Inc. — and what changed

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

539
funds hold it
1 of 35
superinvestors hold it
$11.07B
held by funds, at market
45.0%
of shares held by funds
4
bond issues held by funds

Superinvestors in XPO, 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 · XPO, Inc.’s weight in each

0.95%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.66%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.28%of fund net assets
0.14%of fund net assets

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

XPO, Inc.’s bonds, as funds hold them

Funds report holding 4 issues of XPO, Inc.’s debt, $590.90M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.75%, maturing 2028 to 2034.

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 XPO, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of XPO, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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