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RXO, Inc. engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe. It offers truckload freight brokering services. The company also provides asset-light managed transportation and last mile services, as well as freight forwarding services, including facilitation of ocean and air transportation, customs brokerage, and additional domestic services including middle mile. RXO, Inc. was incorporated in 2022 and is headquartered in Charlotte, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.7B | $36M | $-100M | $-8M | -6.5% | 26.2% | -65.5% |
| 2024 | $4.5B | $-187M | $-290M | $-57M | -18.0% | 15.9% | -7350.0% |
| 2023 | $3.9B | $103M | $4M | $25M | 0.7% | -18.1% | -95.7% |
| 2022 | $4.8B | $209M | $92M | $253M | 15.7% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,796 | 3,927 | 4,550 | 5,742 |
| Operating Revenue | - | 4,796 | 3,927 | 4,550 | 5,742 |
| Cost Of Revenue | - | 3,936 | 3,269 | 3,854 | 4,917 |
| Gross Profit | - | 860 | 658 | 696 | 825 |
| Operating Expense | - | 640 | 591 | 666 | 832 |
| Selling General And Administration | - | 640 | 591 | 666 | 832 |
| Total Expenses | - | 4,576 | 3,860 | 4,520 | 5,749 |
| Operating Income | - | 220 | 67 | 30 | -7 |
| Total Operating Income As Reported | - | 123 | 39 | -56 | -79 |
| EBITDA | - | 209 | 103 | -187 | 36 |
| Normalized EBITDA | - | 306 | 131 | -101 | 108 |
| EBIT | - | 123 | 36 | -274 | -80 |
| Interest Expense | - | 4 | 32 | 30 | 35 |
| Net Interest Income | - | -4 | -32 | -30 | -35 |
| Other Non Operating Income Expenses | -1 | - | -3 | -218 | -1 |
| Other Income Expense | - | -97 | -31 | -304 | -73 |
| Interest Expense Non Operating | - | 4 | 32 | 30 | 35 |
| Net Non Operating Interest Income Expense | - | -4 | -32 | -30 | -35 |
| Pretax Income | - | 119 | 4 | -304 | -115 |
| Tax Provision | - | 27 | 0 | -14 | -15 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -21.92 | 0 | -3.96 | -9.58 |
| Net Income Continuous Operations | - | 92 | 4 | -290 | -100 |
| Net Income From Continuing And Discontinued Operation | - | 92 | 4 | -290 | -100 |
| Net Income From Continuing Operation Net Minority Interest | - | 92 | 4 | -290 | -100 |
| Net Income | - | 92 | 4 | -290 | -100 |
| Net Income Common Stockholders | - | 92 | 4 | -290 | -100 |
| Net Income Including Noncontrolling Interests | - | 92 | 4 | -290 | -100 |
| Normalized Income | - | 167.08 | 32 | -207.96 | -37.58 |
| Diluted NI Availto Com Stockholders | - | 92 | 4 | -290 | -100 |
| Basic Average Shares | - | 115.34 | 116.87 | 133.41 | 168.46 |
| Diluted Average Shares | - | 115.34 | 119.46 | 133.41 | 168.46 |
| Reconciled Depreciation | - | 86 | 67 | 87 | 116 |
| Reconciled Cost Of Revenue | - | 3,936 | 3,269 | 3,854 | 4,917 |
| Total Unusual Items | - | -97 | -28 | -86 | -72 |
| Total Unusual Items Excluding Goodwill | - | -97 | -28 | -86 | -72 |
| Special Income Charges | - | -97 | -28 | -86 | -72 |
| Gain On Sale Of Business | -2 | -84 | - | - | - |
| Impairment Of Capital Assets | - | - | 0 | 0 | 12 |
| Restructuring And Mergern Acquisition | - | 97 | 28 | 86 | 60 |
| Depreciation Amortization Depletion Income Statement | 81 | 86 | 67 | - | - |
| Depreciation And Amortization In Income Statement | 81 | 86 | 67 | - | - |
| General And Administrative Expense | 2 | 84 | - | - | - |
| Other Gand A | 2 | 84 | - | - | - |
| Other Operating Expenses | 192 | 226 | 235 | - | - |
| Selling And Marketing Expense | 539 | 640 | - | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| RXO, Inc.this co. | RXO | $4.6B | -45.57 | 2.96 | -6.5% | 144.72 |
| UniFirst Corporation | UNF | $4.9B | 33.11 | 2.26 | 6.8% | 14.69 |
| WillScot Holdings Corporation | WSC | $4.8B | -90.45 | 5.60 | -6.2% | 14.32 |
| AAR Corp. | AIR | $4.6B | 367.52 | 3.79 | 1.0% | 32.71 |
| Resideo Technologies, Inc. | REZI | $4.6B | - | 1.57 | -19.3% |
| - |
| - |
| - |
| - |
| - |
| Mirion Technologies, Inc. | MIR | $4.5B | 154.78 | 2.39 | 1.5% | 24.76 |
| CSW Industrials, Inc. | CSW | $4.4B | 39.29 | 4.19 | 10.7% | 22.62 |
| Franklin Electric Co., Inc. | FELE | $4.3B | 29.58 | 3.28 | 11.1% | 16.66 |
| Brady Corporation | BRC | $4.2B | 22.18 | 3.52 | 15.9% | 14.80 |
| Peer Median | - | 33.11 | 3.40 | 4.2% | 16.66 | |