XPO (XPO) Debt-to-Equity : 2.53 (As of Sep. 2024)

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What is XPO Debt-to-Equity?

XPO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $202 Mil. XPO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,957 Mil. XPO's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,641 Mil. XPO's debt to equity for the quarter that ended in Sep. 2024 was 2.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for XPO's Debt-to-Equity or its related term are showing as below:

XPO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 2.61 Max: 4.33
Current: 2.53

During the past 13 years, the highest Debt-to-Equity Ratio of XPO was 4.33. The lowest was 0.35. And the median was 2.61.

XPO's Debt-to-Equity is ranked worse than
91.84% of 882 companies
in the Transportation industry
Industry Median: 0.54 vs XPO: 2.53

XPO Debt-to-Equity Historical Data

The historical data trend for XPO's Debt-to-Equity 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 Debt-to-Equity Chart

XPO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.74

2.72

3.76

3.21

3.25

XPO Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															2.68	3.25	3.09	2.76	2.53

Competitive Comparison of XPO's Debt-to-Equity

For the Trucking subindustry, XPO's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

XPO's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XPO's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where XPO's Debt-to-Equity falls into.

XPO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XPO's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(190	+	3923)	/	1266
	=	3.25

XPO's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(202	+	3957)	/	1641
	=	2.53

XPO (NYSE:XPO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

XPO Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of XPO's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

XPO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (NYSE:XPO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0M1O:UK UX2A:Germany

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.xpo.com

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 RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, 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

Allison Landry	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
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
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
Irene Moshouris	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire	director	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
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 Management, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116