XPO (XPO) EV-to-EBITDA: 21.13 (As of Aug. 03, 2026) — 76% Above Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XPO XPO Inc XPO
75 GF Score
Price $200.97
GF Value $128.70
Valuation Significantly Overvalued
! 2 Warning Signs
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What is XPO EV-to-EBITDA?

XPO XPO +0.86% 75 EV-to-EBITDA is 21.13 as of Aug. 03, 2026, which is 76% above its 10-year median of 11.98. GuruFocus rates XPO with a GF Score™ of 75/100 and a GF Value™ of $128.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 900 Transportation companies, XPO ranks worse than 85.33% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, XPO's enterprise value is $27,221 Mil. XPO's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,288 Mil. Therefore, XPO's EV-to-EBITDA for today is 21.13.

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

XPO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.24   Med: 11.98   Max: 26.25
Current: 21.13

During the past 13 years, the highest EV-to-EBITDA of XPO was 26.25. The lowest was 4.24. And the median was 11.98.

XPO's EV-to-EBITDA is ranked worse than
85.33% of 900 companies
in the Transportation industry
Industry Median: 8.65 vs XPO: 21.13

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), XPO's stock price is $200.97. XPO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.390. Therefore, XPO's PE Ratio (TTM) for today is 59.28.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


XPO  (NYSE:XPO) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

XPO's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=200.97/3.390
=59.28

XPO's share price for today is $200.97.
XPO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.390.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


XPO EV-to-EBITDA Related Terms


XPO EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for XPO's EV-to-EBITDA 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.

XPO EV-to-EBITDA Chart

XPO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.28 8.42 16.12 16.22 16.77

XPO Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 15.72 16.06 16.77 21.92 21.58

XPO vs KNX, SAIA, SNDR: EV-to-EBITDA Comparison

For the Trucking subindustry, XPO's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Transportation Industry

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

* The bar in red indicates where XPO's EV-to-EBITDA falls into.


XPO
75GF Score
XPO Inc XPO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XPO EV-to-EBITDA Calculation

XPO's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=27220.867/1288
=21.13

XPO's current Enterprise Value is $27,221 Mil.
XPO's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,288 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 21.13 mean?
XPO (XPO) has a EV-to-EBITDA of 21.13 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on XPO. This is 76% above median its historical median of 11.98. Over the past decade, XPO's EV-to-EBITDA has ranged from 4.24 to 26.25. According to the industry distribution chart, XPO ranks #768 out of 900 companies in the Transportation industry, placing it in the top 85.3%.
Is XPO's EV-to-EBITDA too high?
XPO's current EV-to-EBITDA of 21.13 is 76% above median its 10-year median of 11.98. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 26.25. The Transportation industry median EV-to-EBITDA is 8.65. XPO's value of 21.13 is 144.3% above this industry median. Based on the distribution chart, XPO ranks #768 out of 900 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, XPO has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XPO's EV-to-EBITDA compare to KNX and SAIA?
According to the Transportation industry distribution chart, XPO ranks #768 out of 900 companies for EV-to-EBITDA. This places XPO in the lower half of its industry. The industry median EV-to-EBITDA is 8.65. XPO's value of 21.13 is 144.3% above this benchmark. Historically, XPO's own EV-to-EBITDA has ranged from 4.24 to 26.25 over the past decade. While the company's 10-year median is 11.98 vs. the industry median of 8.65, XPO has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.65, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XPO's current EV-to-EBITDA of 21.13 is 144.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on XPO. For the Transportation industry, the median EV-to-EBITDA is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPO's current EV-to-EBITDA is 21.13, which is 76% above median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPO stock overvalued right now?
Based on GuruFocus' analysis, XPO (XPO) is currently considered Significantly Overvalued. The stock's GF Value™ is $128.70, compared to a current price of $200.97 — trading 56.2% above its estimated fair value. The current EV-to-EBITDA is 21.13, which is 76% above median its 10-year median of 11.98 and 144.3% above the Transportation industry median of 8.65. XPO's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For XPO (XPO), the current EV-to-EBITDA is 21.13 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XPO (XPO) Overvalued in 2026?

Based on GuruFocus' analysis, XPO stock appears to be overvalued. The current stock price of $200.97 is trading 56.2% above its estimated GF Value™ of $128.70. GuruFocus considers XPO to be Significantly Overvalued.

Key valuation signals for XPO:

  • EV-to-EBITDA: 21.13 (76% above median its 10-year median of 11.98)
  • GF Value™: $128.70 vs. price of $200.97 (56.2% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 144.3% above the Transportation median (#768 of 900)

No single metric tells the full story. See the XPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPO Business Description

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. We estimate LTL shipping 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.
75GF Score

Get the complete analysis for XPO

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$200.97
Price
$128.70
GF Value