RXO INC
RXO Industrials Trucking
RXO INC’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, up 26.2% from fiscal 2024. In the quarter to June 2026, revenue grew 25.0%, EPS was flat, free cash flow fell 620.0% and total debt rose 22.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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RXO INC (RXO) Piotroski F-score
RXO INC's Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, up from 3 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | 2.00 |
| FY2024 | 3 | (1.00) |
| FY2023 | 4 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (2.99%) | (11.07%) | Fail | 0 |
| Positive operating cash flow | 51.00m | (12.00m) | Pass | 1 |
| Rising return on assets | (2.99%) | (11.07%) | Pass | 1 |
| Cash flow above net income | 151.00m | 278.00m | Pass | 1 |
| Falling long-term leverage | 0.12 | 0.13 | Pass | 1 |
| Rising current ratio | 1.27 | 1.26 | Pass | 1 |
| No new shares issued | 168,462,000 | 133,412,000 | Fail | 0 |
| Rising gross margin | 16.39% | 17.21% | Fail | 0 |
| Rising asset turnover | 1.72 | 1.74 | Fail | 0 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| SNDR Schneider National, Inc. compare | 8 |
| TFII TFI International Inc. compare | 7 |
| MRTN Marten Transport, Ltd. compare | 6 |
| KNX Knight-Swift Transportation Holdings Inc. compare | 6 |
| RXO RXO INC | 5 |
| WERN Werner Enterprises, Inc. compare | 5 |
| SAIA Saia, Inc. compare | 5 |
| ARCB ArcBest Corporation compare | 4 |
| XPO XPO, Inc. compare | 4 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover