XPO, Inc.

XPO Industrials Trucking

XPO, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 1.05% from fiscal 2024.

Revenue
+12.4%
EPS
+124.6%
Free cash flow
+31.7%
Total debt
−6.66%

Quarter to September 2026, against a year earlier

177.03 11.03 −5.87%
Market cap
$20.6B
P/E
41.2×
Fwd P/E
37.4×
Dividend yield
—
F-score
4/9
Altman Z
2.94
Beneish M
−2.80
Dividend safety
n/a

XPO, Inc. (XPO) Debt to equity

Alert me on Debt to equity

XPO, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.6×, down 0.2× from fiscal 2025 (1.8×). Over the past ten years it has ranged from 1.1× (fiscal 2018) to 3.1× (fiscal 2021); the current reading is higher than 45% of that period. That is above the Trucking industry median of 0.2× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.8× (15.85%)
FY2024 2.1× (21.32%)
FY2023 2.7× 7.47%
FY2022 2.5× (20.27%)
FY2021 3.1× 37.10%
FY2020 2.3× 25.87%
FY2019 1.8× 69.11%
FY2018 1.1× (4.65%)
FY2017 1.1× (29.63%)
FY2016 1.6× (9.29%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.6× (3.10%)
Jun 2026 1.6× (7.68%)
Mar 2026 1.8× (0.58%)
Dec 2025 1.8× (3.36%)
43 more quarters

Against its own ten years

Low 1.1× High 3.1×
Ten-year median 1.8×
Current reading's percentile 45

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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