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 |
| Cost Of Revenue | - | 3,936 | 3,269 | 3,854 | 4,917 |
| Gross Profit | - | 860 | 658 | 696 | 825 |
| Operating Expense | - | 640 | 591 | 666 | 832 |
| Operating Income | - | 220 | 67 | 30 | -7 |
| EBITDA | - | 209 | 103 | -187 | 36 |
| EBIT | - | 123 | 36 | -274 | -80 |
| Pretax Income | - | 119 | 4 | -304 | -115 |
| Tax Provision | - | 27 | 0 | -14 | -15 |
| Net Income | - | 92 | 4 | -290 | -100 |
| Net Income Common Stockholders | - | 92 | 4 | -290 | -100 |
| Total Expenses | - | 4,576 | 3,860 | 4,520 | 5,749 |
| Interest Expense | - | 4 | 32 | 30 | 35 |
| Selling General And Administration | - | 640 | 591 | 666 | 832 |
| Normalized EBITDA | - | 306 | 131 | -101 | 108 |
| Normalized Income | - | 167.08 | 32 | -207.96 | -37.58 |
| Market Cap | 3,192.10 | 3,192.10 | 3,192.10 | 3,192.10 | 3,192.10 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| RXO, Inc.this co. | RXO | - | -31.92 | 2.07 | -6.5% | 106.81 |
| Pitney Bowes Inc. | PBI | $2.7B | 16.10 | -2.90 | -18.0% | 10.27 |
| DXP Enterprises, Inc. | DXPE | $2.7B | 29.67 | 5.28 | 17.8% | 14.78 |
| Hub Group, Inc. | HUBG | $2.6B | 25.22 | 1.59 | 6.3% | 8.93 |
| The GEO Group, Inc. | GEO | $2.6B | 9.82 | 1.66 | 16.9% |
| - |
| - |
| - |
| - |
| 6.62 |
| Trinity Industries, Inc. | TRN | $2.6B | 10.02 | 2.35 | 23.5% | 8.15 |
| Robert Half Inc. | RHI | $2.6B | 19.72 | 2.06 | 10.4% | 15.20 |
| ABM Industries Incorporated | ABM | $2.5B | 14.47 | 1.32 | 9.1% | 9.30 |
| Alamo Group Inc. | ALG | $2.1B | 20.15 | 1.82 | 9.0% | 9.51 |
| Peer Median | - | 17.91 | 1.74 | 9.8% | 9.40 | |