← XPO, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $69.0m $340.2m $422.0m $419.0m $110.0m $336.0m $666.0m $189.0m $387.0m $316.0m
Net Income (Loss) Available to Common Stockholders, Basic $63.1m $312.4m $390.0m $379.0m $79.0m $336.0m $666.0m $189.0m $387.0m $316.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $84.5m $360.2m $444.0m $440.0m $117.0m $341.0m $666.0m $189.0m — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — $241.0m ($13.0m) $323.0m $184.0m $192.0m $387.0m $316.0m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — $227.0m $18.0m $482.0m ($3.0m) $0 $0
Net Income (Loss) Attributable to Noncontrolling Interest — $20.0m $22.0m $21.0m $7.0m $0 — — — —
Depreciation, Depletion and Amortization $466.0m $487.7m $546.0m $577.0m $616.0m $388.0m $336.0m $376.0m $432.0m $467.0m
Amortization of Intangible Assets $174.4m $164.0m $159.0m $156.0m $144.0m $86.0m $54.0m $54.0m $57.0m $58.0m
Deferred Income Tax Expense (Benefit) ($20.9m) ($157.7m) $45.0m $46.0m ($81.0m) $5.0m $80.0m $31.0m $57.0m $99.0m
Share-based Payment Arrangement, Noncash Expense $54.5m $79.2m $49.0m $67.0m $59.0m $37.0m $77.0m $78.0m $87.0m $77.0m
Payment, Tax Withholding, Share-based Payment Arrangement — $16.6m $53.0m $14.0m $26.0m $28.0m $27.0m $19.0m $129.0m $50.0m
Share-based Payment Arrangement, Expense $54.5m $79.2m $49.0m $67.0m $59.0m $37.0m $77.0m $78.0m $87.0m $77.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $64.0m $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) $0 $0 $0 $6.0m — — $0 $0 $0 $0
Gain (Loss) on Extinguishment of Debt ($69.7m) ($36.0m) ($27.0m) ($5.0m) $0 ($54.0m) ($39.0m) ($25.0m) $0 ($6.0m)
Gain (Loss) on Disposition of Property Plant Equipment — $118.0m $143.0m $110.0m $92.0m $73.0m $60.0m $5.0m $40.0m $17.0m
Gain (Loss) on Disposition of Business — — — — — — $430.0m — — —
Income Tax Expense (Benefit) $22.3m ($99.5m) $122.0m $129.0m $31.0m $87.0m $74.0m $68.0m $86.0m $121.0m
Interest Expense Nonoperating — — — — — — — — $223.0m $219.0m
Other Nonoperating Income (Expense) $9.2m $15.4m $109.0m $54.0m $79.0m $57.0m $55.0m $15.0m $37.0m $6.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $153.7m $320.1m $13.0m $67.0m $382.0m $502.0m $100.0m $46.0m $47.0m $47.0m
Increase (Decrease) in Accounts Payable $1.7m $140.1m $35.0m ($120.0m) $69.0m $240.0m $62.0m ($48.0m) ($8.0m) ($22.0m)
Increase (Decrease) in Other Operating Assets — — — — — $1.0m $3.0m — — —
Accretion Expense $17.0m $19.4m $15.0m $21.0m $21.0m $18.0m $16.0m $11.0m $11.0m $10.0m
Equity Securities, FV-NI, Gain (Loss) — — — — — — — — — $0
Foreign Currency Transaction Gain (Loss), before Tax $40.3m ($57.6m) ($3.0m) ($9.0m) $3.0m $2.0m — — — —
Foreign Currency Transaction Gain (Loss), Unrealized $39.7m ($49.3m) $20.0m ($9.0m) $2.0m ($1.0m) — — — —
Gain (Loss) Related to Litigation Settlement — — — — — — — ($8.0m) $0 $13.0m
General and Administrative Expense $1.7b $1.7b $1.8b — — — — — — —
Goodwill $4.3b $4.6b $4.5b $4.5b $4.6b $2.5b $1.5b $1.5b $1.5b $1.5b
Operating Costs and Expenses — — $5.7b $5.7b $5.8b — — $1.6b $1.6b $1.6b
Operating Expenses $14.1b $14.8b $16.6b — — — — — — —
Pension Cost (Reversal of Cost) — — — — — — — — ($25.0m) ($6.0m)
Proceeds from Contributions from Affiliates — — — — — $794.0m $312.0m $0 $0 —
Restructuring Costs — — — — $56.0m $19.0m $50.0m $44.0m $27.0m $59.0m
Other Operating Income (Expense), Net — — — — — — ($1.0m) ($1.0m) $0 $0
Net Cash Provided by (Used in) Operating Activities $625.4m $798.6m $1.1b $791.0m $885.0m $656.0m $824.0m $694.0m $808.0m $986.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $483.4m $503.8m $551.0m $601.0m $526.0m $313.0m $521.0m $1.5b $789.0m $657.0m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 — — — — — — — —
Payments for (Proceeds from) Other Investing Activities ($8.8m) $0 ($8.0m) ($2.0m) $26.0m $3.0m $0 $0 — —
Net Cash Provided by (Used in) Investing Activities $142.0m ($424.7m) ($400.0m) ($161.0m) ($357.0m) ($184.0m) ($404.0m) ($1.5b) ($702.0m) ($616.0m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 — $0 $0 — — — — — —
Payments for Repurchase of Common Stock $0 $0 $536.0m $1.3b $114.0m — — $0 $0 $125.0m
Dividends paid — — $8.0m $8.0m — — — — — —
Proceeds from (Payments for) Other Financing Activities $1.1m ($7.4m) $8.0m $9.0m $41.0m ($4.0m) $3.0m ($1.0m) ($1.0m) $4.0m
Net Cash Provided by (Used in) Financing Activities ($680.8m) ($366.4m) ($620.0m) ($759.0m) $1.1b ($1.9b) ($861.0m) $761.0m ($226.0m) ($339.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($4.0m) $16.0m ($17.0m) $2.0m $14.0m ($2.0m) ($18.0m) $5.0m $0 ($1.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($4.0m) $16.0m $65.0m ($127.0m) $1.7b ($1.8b) $197.0m ($51.0m) ($120.0m) $31.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($4.0m) $16.0m $514.0m $387.0m $2.1b $270.0m $470.0m $419.0m $0 ($1.0m)
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $363.1m $274.2m $233.0m $282.0m $323.0m $253.0m $145.0m $185.0m $223.0m $229.0m
Income Taxes Paid, Net $40.7m $78.5m $70.0m $121.0m $65.0m $84.0m $87.0m $34.0m $90.0m ($4.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.