XPO (XPO) Stock Analysis

June 23, 2026

This is a peer-relative look at XPO (XPO): its performance, risk, profitability, financial strength, dividend, and valuation are each measured against its Transportation peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for XPO (XPO)
Profile Item	XPO
Name	XPO Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Transportation
GICS Industry	Ground Transportation
GICS Sub-Industry	Cargo Ground Transportation
Market Capitalization	23.62 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 7, 2003
Security Type	Common Stock

Performance

Cumulative Growth

XPO

GSPC

XPO (XPO) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for XPO (XPO) and S&P 500 (GSPC). Returns over one year are annualized.

Performance at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
Total Return (1Y)	67.87%	47.90%

Risk

Drawdown

XPO

GSPC

XPO (XPO) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
Volatility (1Y, Annualized)	44.39%	39.75%
Beta (5Y)	1.89	1.16

Profitability

ROE (TTM)

XPO (XPO) posts ROE of 19.94%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

XPO

Transportation industry group

19.94%

Group distribution

Max: 43.37%
Q3: 20.89%
XPO: 19.94%
Median: 10.45%
Q1: 1.90%
Min: -18.46%

Largest peers

UNP: 40.69%
UBER: 35.31%
UPS: 33.35%
CSX: 23.68%
XPO: 19.94%
FDX: 15.87%
CP: 8.43%

Where XPO (XPO) stands on ROE within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

XPO (XPO) keeps 4.19% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

XPO

Transportation industry group

4.19%

Group distribution

Max: 43.82%
Q3: 19.52%
Median: 5.13%
XPO: 4.19%
Q1: 1.18%
Min: -9.62%

Largest peers

UNP: 29.20%
CP: 27.21%
CSX: 21.55%
UBER: 15.91%
UPS: 5.94%
FDX: 4.88%
XPO: 4.19%

Where XPO (XPO) stands on net margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

XPO (XPO) turns 8.78% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

XPO

Transportation industry group

8.78%

Group distribution

Max: 54.53%
Q3: 25.12%
XPO: 8.78%
Median: 6.35%
Q1: 1.27%
Min: -33.27%

Largest peers

UNP: 40.36%
CP: 37.56%
CSX: 36.16%
UBER: 14.57%
XPO: 8.78%
FDX: 6.94%
UPS: 6.33%

Where XPO (XPO) stands on operating margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Profitability at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
ROE (TTM)	19.94%	10.45%
ROA (TTM)	5.96%	4.14%
Net Margin (TTM)	4.19%	5.13%
Operating Margin (TTM)	8.78%	6.35%
Gross Margin (TTM)	18.56%	28.10%

Financial Strength

Current Ratio (MRQ)

XPO (XPO) has current ratio of 0.99, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

XPO

Transportation industry group

0.99

Group distribution

Max: 2.26
Q3: 1.59
Median: 1.15
XPO: 0.99
Q1: 0.83
Min: 0.42

Largest peers

FDX: 1.47
UPS: 1.21
UBER: 1.07
XPO: 0.99
CSX: 0.97
UNP: 0.92
CP: 0.67

Where XPO (XPO) stands on current ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

XPO (XPO) has debt-to-equity ratio of 2.21, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

XPO

Transportation industry group

2.21

Group distribution

Max: 3.37
XPO: 2.21
Q3: 1.66
Median: 0.76
Q1: 0.36
Min: 0.00

Largest peers

XPO: 2.21
UPS: 1.82
UNP: 1.62
CSX: 1.43
FDX: 1.41
CP: 0.51
UBER: 0.48

Where XPO (XPO) stands on debt-to-equity ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
Current Ratio (MRQ)	0.99	1.15
Debt / Equity (MRQ)	2.21	0.76
Net Debt / EBITDA	2.98	2.13

Dividends

Dividend Yield (TTM)

XPO (XPO) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

XPO

Transportation industry group

0.00%

Group distribution

Max: 4.86%
Q3: 1.97%
Median: 0.65%
XPO: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 6.26%
UNP: 2.13%
FDX: 1.78%
CSX: 1.16%
CP: 1.06%
XPO: 0.00%
UBER: 0.00%

Where XPO (XPO) stands on dividend yield within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

XPO (XPO) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

XPO

Transportation industry group

0.00%

Group distribution

Max: 106.15%
Q3: 45.30%
Median: 20.55%
XPO: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 106.15%
UNP: 45.10%
CSX: 32.52%
FDX: 30.59%
CP: 20.36%
XPO: 0.00%
UBER: 0.00%

Where XPO (XPO) stands on payout ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividends at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
Dividend Yield (TTM)	0.00%	0.65%
Dividend Payout Ratio (TTM)	0.00%	20.55%

Valuation

P/E Ratio (TTM)

XPO (XPO) trades at P/E ratio of 68.90, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

XPO

Transportation industry group

68.90

Group distribution

Max: 94.00
XPO: 68.90
Q3: 45.83
Median: 21.74
Q1: 13.37
Min: 0.00

Largest peers

XPO: 68.90
CSX: 28.34
CP: 27.11
UNP: 21.41
UBER: 17.72
FDX: 17.54
UPS: 17.35

Where XPO (XPO) stands on P/E ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

XPO (XPO) trades at 2.85 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

XPO

Transportation industry group

2.85

Group distribution

Max: 4.02
XPO: 2.85
Q3: 2.17
Median: 1.10
Q1: 0.62
Min: 0.08

Largest peers

UNP: 6.25
CSX: 6.07
CP: 5.08
XPO: 2.85
UBER: 2.71
UPS: 1.03
FDX: 0.85

Where XPO (XPO) stands on P/S ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

XPO (XPO) trades at 12.64 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

XPO

Transportation industry group

12.64

Group distribution

XPO: 12.64
Max: 8.88
Q3: 4.31
Median: 2.18
Q1: 1.19
Min: -2.61

Largest peers

XPO: 12.64
UNP: 7.95
CSX: 6.32
UBER: 5.88
UPS: 5.61
FDX: 2.64
CP: 2.33

Where XPO (XPO) stands on P/B ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Valuation at a Glance

XPO (XPO) metric values compared with Transportation industry-group medians
Metric	Current stock: XPO	Industry group median
P/E Ratio (TTM)	68.90	21.74
P/S Ratio (TTM)	2.85	1.10
P/B Ratio (MRQ)	12.64	2.18
Free Cash Flow Yield (TTM)	1.37%	2.61%