← XPO, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $14.6b $15.4b $17.3b $16.6b $16.3b $12.8b $7.7b $7.7b $8.1b $8.2b
Cost of Revenue $12.5b $13.1b $9.0b $8.3b $7.9b $8.9b $4.9b $7.3b $7.4b $7.5b
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization — — — — — $8.9b $4.9b — — —
Gross Profit (Calculated) (derived) $2.1b $2.3b $8.3b $8.3b $8.4b $3.9b $2.8b $438.0m $660.0m $656.0m
Operating Costs and Expenses — — $5.7b $5.7b $5.8b — — $1.6b $1.6b $1.6b
Operating Expenses $14.1b $14.8b $16.6b — — — — — — —
Operating Income (Loss) $488.1m $623.2m $704.0m $821.0m $391.0m $616.0m $377.0m $438.0m $660.0m $656.0m
Additional Financial Items
Amortization of Intangible Assets $174.4m $164.0m $159.0m $156.0m $144.0m $86.0m $54.0m $54.0m $57.0m $58.0m
Foreign Currency Transaction Gain (Loss), before Tax $40.3m ($57.6m) ($3.0m) ($9.0m) $3.0m $2.0m — — — —
Gain (Loss) Related to Litigation Settlement — — — — — — — ($8.0m) $0 $13.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $64.0m $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($69.8m) $278.2m $319.0m $379.0m $49.0m $420.0m $303.0m $286.0m $486.0m $456.0m
Income (Loss) from Continuing Operations, Per Basic Share — — — $2 ($0) $3 $2 $2 $3 $3
Income (Loss) from Continuing Operations, Per Diluted Share — — — $2 ($0) $3 $2 $2 $3 $3
Preferred Stock Dividends, Income Statement Impact $2.9m $2.9m $3.0m $3.0m $3.0m $0 $0 — — —
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $3.0m $24.9m $29.0m $37.0m $6.0m — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — $301.0m $35.0m $410.0m $258.0m $260.0m $473.0m $437.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — $301.0m $35.0m $323.0m $184.0m $192.0m $387.0m $316.0m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — $301.0m $35.0m $18.0m $482.0m ($3.0m) $0 $0
Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic $63.1m $312.4m $390.0m $379.0m $79.0m $323.0m $184.0m $192.0m $387.0m $316.0m
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) Attributable to Noncontrolling Interest — $20.0m $22.0m $21.0m $7.0m $0 — — — —
Earnings Per Share, Basic $0.57 $2.72 $3.17 $3.95 $0.87 $2.99 $5.79 $1.64 $3.33 $2.69
Earnings Per Share, Diluted $0.53 $2.45 $2.88 $3.57 $0.78 $2.93 $5.76 $1.60 $3.23 $2.64
Weighted Average Number of Shares Outstanding, Basic 110.2m 114.9m 123.0m 96.0m 92.0m 112.0m 115.0m 116.0m 116.0m 118.0m
Weighted Average Number of Shares Outstanding, Diluted 122.8m 127.8m 135.0m 106.0m 102.0m 114.0m 116.0m 118.0m 120.0m 119.0m
General and Administrative Expense $1.7b $1.7b $1.8b — — — — — — —
Labor and Related Expense — — — — — — — $3.2b $3.4b $3.4b
Selling, General and Administrative Expense — — — $1.8b $2.2b $1.3b $678.0m — — —
Other Nonoperating Income (Expense) $9.2m $15.4m $109.0m $54.0m $79.0m $57.0m $55.0m $15.0m $37.0m $6.0m
Interest Expense (non-operating) — — — — — — — — $223.0m $219.0m
Current Income Tax Expense (Benefit) $43.2m $58.2m $77.0m $83.0m $112.0m $82.0m ($6.0m) $37.0m $29.0m $22.0m
Interest Expense $361.1m $284.3m $217.0m $292.0m $325.0m $211.0m $135.0m $168.0m $223.0m $219.0m
Restructuring Costs — — — $35.0m $56.0m $19.0m $50.0m $44.0m $27.0m $59.0m
Income Tax Expense (Benefit) $22.3m ($99.5m) $122.0m $129.0m $31.0m $87.0m $74.0m $68.0m $86.0m $121.0m
Other Operating Income (Expense), Net $488.1m $623.2m $704.0m $821.0m $391.0m $616.0m ($1.0m) ($1.0m) $0 $0

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.