Earnings summaries and quarterly performance for XPO.
Executive leadership at XPO.
Board of directors at XPO.
Research analysts who have asked questions during XPO earnings calls.
Brian Ossenbeck
JPMorgan Chase & Co.
7 questions for XPO
Also covers: ARCB, CHRW, CNI +18 more
Christian Wetherbee
Wells Fargo
7 questions for XPO
Also covers: ARCB, CHRW, CNI +14 more
Fadi Chamoun
BMO Capital Markets
6 questions for XPO
Also covers: CAE, CNI, CP +2 more
Jason Seidl
TD Cowen
6 questions for XPO
Also covers: ARCB, CHRW, CSX +17 more
Jonathan Chappell
Evercore ISI
6 questions for XPO
Also covers: ASC, CHRW, CNI +20 more
Jordan Alliger
Goldman Sachs
6 questions for XPO
Also covers: ARCB, CSX, FDX +12 more
Ken Hoexter
BofA Securities
6 questions for XPO
Also covers: ARCB, CHRW, CNI +21 more
Scott Group
Wolfe Research
6 questions for XPO
Also covers: AAL, ALGT, ALK +35 more
Stephanie Moore
Jefferies
5 questions for XPO
Also covers: APG, ARCB, ARMK +30 more
Ravi Shanker
Morgan Stanley
4 questions for XPO
Also covers: AAL, ALGT, ALK +27 more
Scott Schneeberger
Oppenheimer & Co. Inc.
4 questions for XPO
Also covers: CSV, CTAS, CTOS +11 more
Bascome Majors
Susquehanna Financial Group
3 questions for XPO
Also covers: CHRW, CNI, CSX +20 more
Richa Harnain
Deutsche Bank
3 questions for XPO
Also covers: CHRW, CSX, FDX +6 more
Tom Wadewitz
UBS Group
3 questions for XPO
Also covers: ARCB, CHRW, CNI +19 more
Ariel Rosa
Citigroup
2 questions for XPO
Also covers: ARCB, CHRW, CNI +16 more
Christopher Kuhn
The Benchmark Company
2 questions for XPO
Also covers: FWRD, HUBG, SAIA
Daniel Imbro
Stephens Inc.
2 questions for XPO
Also covers: ARCB, CHRW, CNI +23 more
J. Bruce Chan
Stifel
2 questions for XPO
Also covers: ARCB, CENN, CHRW +14 more
Thomas Wadewitz
UBS
2 questions for XPO
Also covers: ALK, ARCB, CHRW +20 more
Eric Morgan
Barclays
1 question for XPO
Also covers: CSX, JBHT, KNX +3 more
Joseph Lawrence Hafling
Jefferies
1 question for XPO
Also covers: FWRD, GXO, RXO +3 more
Recent press releases and 8-K filings for XPO.
XPO Reports North American LTL Operating Data for October and November 2025
XPO
Demand Weakening
- XPO, Inc. reported preliminary North American Less-Than-Truckload (LTL) operating metrics for November 2025 and final metrics for October 2025 on December 1, 2025.
- For November 2025, LTL tonnage per day decreased by 5.4% compared to November 2024, attributed to a 2.2% decrease in shipments per day and a 3.2% decrease in weight per shipment.
- For October 2025, weight per day decreased by 3.8% compared to October 2024, due to a 1.4% decrease in shipments per day and a 2.4% decrease in weight per shipment.
5 days ago
XPO Reports Strong Q3 2025 Financial Results with Record LTL Profitability
XPO
Earnings
Guidance Update
Revenue Acceleration/Inflection
- XPO reported strong Q3 2025 results, with total company adjusted EBITDA of $342 million and adjusted diluted EPS of $1.07, both exceeding expectations.
- The North American LTL segment achieved record adjusted EBITDA of $308 million and adjusted operating income of $217 million, improving its adjusted operating ratio by 150 basis points year-over-year to 82.7%.
- The company continued to drive above-market yield growth, with LTL yield excluding fuel increasing 5.9% year-over-year and 3.1% sequentially, supported by investments in network, equipment, and proprietary AI technology.
- XPO generated $371 million in cash flow from operating activities, ending the quarter with $935 million in total liquidity after repurchasing $50 million of common stock and paying down $50 million on its term loan.
- Management expects to materially outperform seasonality in Q4 2025 with approximately 250 basis points of year-over-year OR expansion and anticipates continued OR improvement and earnings growth in 2026, even without a macro recovery.
Oct 30, 2025, 12:30 PM
XPO Reports Strong Q3 2025 Results with Record LTL Performance and Positive Outlook
XPO
Earnings
Guidance Update
New Projects/Investments
- XPO reported strong Q3 2025 financial results, with adjusted EBITDA of $342 million and adjusted diluted EPS of $1.07, both exceeding expectations. Total company revenue increased 3% year over year to $2.1 billion.
- The Less-Than-Truckload (LTL) segment achieved record performance, with adjusted EBITDA up 9% to $308 million and adjusted operating income up 10% to $217 million. The LTL adjusted operating ratio improved by 150 basis points to 82.7%.
- Operational efficiency was a key driver, with yield excluding fuel growing 5.9% year over year and productivity improving by 2.5 points due to AI-driven tools and reduced reliance on purchased transportation.
- The company expects to materially outperform seasonality in Q4, with year-over-year operating ratio expansion potentially accelerating to around 250 basis points, and anticipates strong OR improvement and earnings growth in 2026.
- XPO projects free cash flow to grow north of $400 million this year, with CapEx expected to moderate and free cash flow conversion to increase in the future.
Oct 30, 2025, 12:30 PM
XPO announces Q3 2025 results
XPO
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- XPO reported strong financial results for Q3 2025, with adjusted EBITDA of $342 million, up 6% year-over-year, and adjusted diluted EPS of $1.07, an 11% increase year-over-year.
- The North American LTL segment achieved record-high adjusted operating income of $217 million and adjusted EBITDA of $308 million in Q3 2025.
- The LTL segment's adjusted operating ratio improved by 150 basis points year-over-year to 82.7%.
- Operational highlights for LTL include a 5.9% year-over-year increase in yield (excluding fuel), a damage claims ratio of 0.3%, and a 770 basis point year-over-year reduction in linehaul miles outsourced to third-party carriers.
Oct 30, 2025, 12:30 PM
XPO Reports Strong Q3 2025 Results with Record LTL Profitability
XPO
Earnings
Guidance Update
New Projects/Investments
- XPO reported Q3 2025 adjusted EBITDA of $342 million and adjusted diluted EPS of $1.07, both exceeding expectations. Total company revenue grew 3% year-over-year to $2.1 billion.
- The North American LTL segment achieved record profitability with adjusted EBITDA of $308 million (up 9% year-over-year) and an adjusted operating income of $217 million (up 10% year-over-year). The LTL adjusted operating ratio improved by 150 basis points to 82.7%.
- Operational improvements included a 10% reduction in maintenance cost per mile and a 48% decrease in purchased transportation expense due to insourcing. The company also reduced damage frequency to its best level in history and improved on-time performance for the 14th consecutive quarter.
- XPO generated $371 million in cash flow from operating activities and ended the quarter with $935 million of total liquidity.
- The company expects to materially outperform typical seasonality for its operating ratio in Q4 2025 and anticipates a strong year of OR improvement and earnings growth in 2026, driven by continued yield growth, AI-driven cost savings, and network optimization.
Oct 30, 2025, 12:30 PM
XPO Reports Strong Q3 2025 Results and Provides Full Year 2025 Guidance
XPO
Earnings
Guidance Update
Revenue Acceleration/Inflection
- XPO reported Q3 2025 adjusted EBITDA of $342 million, a 6% year-over-year increase, and adjusted diluted EPS of $1.07, up 11% year-over-year.
- The North American LTL segment achieved record-high adjusted operating income and EBITDA, with adjusted EBITDA reaching $308 million (up 9% YoY) and an adjusted operating ratio of 82.7%, improving by 150 basis points year-over-year.
- For the full year 2025, the company expects total gross capital expenditures between $600 million and $700 million, interest expense of $220 million to $230 million, and a diluted share count of 120 million.
- XPO targets for its North American LTL segment from 2021 to 2027 include a 6% to 8% revenue CAGR and an 11% to 13% adjusted EBITDA CAGR, with an adjusted operating ratio improvement of at least 600 basis points.
Oct 30, 2025, 10:46 AM
XPO Reports Third Quarter 2025 Results
XPO
Earnings
Share Buyback
Legal Proceedings
- XPO reported diluted earnings per share of $0.68 for the third quarter of 2025, compared to $0.79 for the same period in 2024, while adjusted diluted earnings per share increased to $1.07 from $1.02.
- Total revenue for Q3 2025 was $2.11 billion, marking a 2.8% increase from $2.05 billion in Q3 2024.
- Net income for Q3 2025 was $82 million, a 13.7% decrease from $95 million in Q3 2024, primarily impacted by a $35 million charge related to environmental and product liability claims.
- The North American Less-Than-Truckload (LTL) segment generated revenue of $1.26 billion and adjusted operating income of $217 million in Q3 2025, achieving an adjusted operating ratio of 82.7%.
- The company generated $371 million of cash flow from operating activities and repurchased $50 million of common stock during the third quarter of 2025.
Oct 30, 2025, 10:45 AM
XPO Reports Third Quarter 2025 Results
XPO
Earnings
Share Buyback
Legal Proceedings
- XPO reported diluted earnings per share of $0.68 for the third quarter of 2025, a decrease from $0.79 in Q3 2024, primarily due to a $35 million charge related to environmental and product liability claims.
- Adjusted diluted earnings per share increased to $1.07 in Q3 2025, up from $1.02 in Q3 2024.
- Total revenue for Q3 2025 was $2.11 billion, a 2.8% increase from $2.05 billion in Q3 2024, with adjusted EBITDA reaching $342 million, up from $333 million.
- The North American Less-Than-Truckload segment's adjusted operating income grew 9.6% year-over-year to $217 million on $1.26 billion in revenue.
- The company generated $371 million in cash flow from operating activities and returned capital by repurchasing $50 million of common stock and repaying $50 million of term loan financing during the quarter.
Oct 30, 2025, 10:45 AM
XPO Reports Strong Q2 2025 Results and Operational Improvements
XPO
Earnings
Guidance Update
New Projects/Investments
- XPO reported Q2 2025 revenue of $2.1 billion, adjusted EBITDA of $340 million, and adjusted diluted EPS of $1.05.
- The LTL segment grew adjusted EBITDA by 1% to $300 million, expanding its margin by 90 basis points to 24.2%. The adjusted operating ratio for the LTL segment improved to 82.9% in Q2.
- Operational highlights include a 6.1% year-over-year increase in yield excluding fuel and a 53% year-over-year reduction in third-party carrier expense due to insourcing line haul miles.
- For Q3, XPO expects its operating ratio to be at a similar level to Q2, outperforming normal seasonality, and anticipates a 100 basis points year-on-year improvement in full-year operating ratio. Sequential pricing gains are also expected to continue through the rest of the year.
- The company generated $247 million of cash flow from operating activities in Q2 2025 and initiated a $10 million common stock repurchase program.
Jul 31, 2025, 6:10 PM
XPO Reports May 2025 North American LTL Operating Update
XPO
Demand Weakening
- Preliminary operating metrics for XPO’s North American LTL segment for May 2025 show a 5.7% decrease in tonnage per day compared to May 2024.
- The decline is driven by a 5.0% drop in shipments per day and a 0.7% reduction in weight per shipment, indicating lower operational volume.
Jun 4, 2025, 12:00 AM
Quarterly earnings call transcripts for XPO.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more