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XPO (XPO) Net Income : $189 Mil (TTM As of Dec. 2023)


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What is XPO Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. XPO's Net Income for the three months ended in Dec. 2023 was $58 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $189 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. XPO's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.49.


XPO Net Income Historical Data

The historical data trend for XPO's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

XPO Net Income Chart

XPO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.00 110.00 336.00 666.00 189.00

XPO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -94.00 14.00 33.00 84.00 58.00

XPO Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

XPO's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=260+-68+-3+0
=189

XPO's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=78+-20+0+0
=58

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $189 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


XPO  (NYSE:XPO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

XPO's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


XPO Net Income Related Terms

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XPO (XPO) Business Description

Traded in Other Exchanges
Address
Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
Executives
Mario A Harik officer: Chief Information Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates officer: Chief Operating Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity officer: Chief Legal Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley director, officer: Chief Executive Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116