RXO (RXO) Interest Expense : $-30 Mil (TTM As of Dec. 2024)

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What is RXO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RXO's interest expense for the three months ended in Dec. 2024 was $ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-30 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. RXO's Operating Income for the three months ended in Dec. 2024 was $ 9 Mil. RXO's Interest Expense for the three months ended in Dec. 2024 was $ -8 Mil. RXO's Interest Coverage for the quarter that ended in Dec. 2024 was 1.13. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

RXO Interest Expense Historical Data

The historical data trend for RXO's Interest Expense 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.

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RXO Interest Expense Chart

RXO Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-4.00

-32.00

-30.00

RXO Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial												-8.00	-8.00	-8.00	-6.00	-8.00

RXO Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-30 Mil.

RXO (NYSE:RXO) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

RXO's Interest Expense for the three months ended in Dec. 2024 was $-8 Mil. Its Operating Income for the three months ended in Dec. 2024 was $9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $566 Mil.

RXO's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	9	/	-8
	=	1.13

The higher the ratio, the stronger the company's financial strength is.

RXO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » RXO Inc (NYSE:RXO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N9Q:Germany

Address

11215 North Community House Road, Charlotte, NC, USA, 28277

Website

https://www.rxo.com

RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the largest component being core truck brokerage business. Its operations also include three asset-light, brokered transportation services, all of which complement our truck brokerage business: managed transportation, last mile and freight forwarding. The company operates into one reportable segment. The operating segment operate within the transportation industry and in primarily the same geography North America.

Executives

Michelle Nettles	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Christine S Breves	director	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Andrew M. Wilkerson	officer: Chief Executive Officer	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen M. Renna	director	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Thomas A Szlosek	director	HONEYWELL INTERNATIONAL INC., 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
Jason S. Kerr	officer: Chief Accounting Officer	11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Adrian Kingshott	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Annamaria Desalva	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Mfn Partners Management, Lp	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 Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mary E. Kissel	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277