RXO, Inc. (RXO)
RXO, Inc., headquartered in Charlotte, North Carolina, functions as a freight broker specializing in full truckload transportation services across the United States. The company utilizes its unique digital marketplace to link clients with available truckload space. Beyond this core offering, RXO also provides a suite of related brokered services, including comprehensive managed logistics, local last-mile delivery, and international freight forwarding.
Sector: Transportation Services
Industry: Trucking
RXO, Inc.
NYSE:RXOIndustrials · Trucking
+1.03%$27.89
Prev close$27.60+1.05%Open$27.89-0.02%Now$27.89
Mkt Cap$4.6B
Float163.53M
O/S164.95M
VOL160K sh
$ Vol$4.45M
RVOL0.05×
Inst Own-
SI6.6%
Dilution
Financials Summary
Revenue$5.74B
Net Income-$100M
Total Assets$3.28B
Free Cash Flow-$8M
Debt & Equity
Debt 30%
Equity 70%
Total Debt$670M
Total Equity$1.54B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RXO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.28B
Liabilities$1.74B
Accounts Receivable$1.23B
Accounts Payable$539M
Inventory$0
PP&E (Net)$372M
Goodwill$1.11B
Intangible Assets$453M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $5.74B | $4.55B | $3.93B | $4.8B | $4.69B | $3.36B | $3.14B |
| YoY Growth | 26.2% | 15.9% | -18.1% | 2.3% | 39.7% | 6.9% | - |
| Cost of Revenue | $4.92B | $3.85B | $3.27B | $3.94B | $3.95B | $2.82B | $2.65B |
| Gross Profit | $825M | $696M | $658M | $860M | $735M | $539M | $491M |
| Gross Margin | 14.4% | 15.3% | 16.8% | 17.9% | 15.7% | 16.1% | 15.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $832M | $666M | $591M | $640M | $539M | $455M | $399M |
| Other | $0 | $0 | $0 | $0 | $4M | $24M | $10M |
| Total Operating Expenses | $832M | $666M | $591M | $640M | $543M | $479M | $409M |
| Operating Income (EBIT) | -$7M | $30M | $67M | $220M | $192M | $60M | $82M |
| Operating Margin | -0.1% | 0.7% | 1.7% | 4.6% | 4.1% | 1.8% | 2.6% |
| Interest Expense | $35M | $30M | $32M | $4M | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$108M | -$334M | -$63M | -$101M | -$1M | -$3M | $2M |
| Income Before Tax (EBT) | -$115M | -$304M | $4M | $119M | $191M | $57M | $84M |
| Income Tax Expense | -$15M | -$14M | $0 | $27M | $41M | $14M | $22M |
| Net Income | -$100M | -$290M | $4M | $92M | $150M | $43M | $62M |
| Net Income Margin | -1.7% | -6.4% | 0.1% | 1.9% | 3.2% | 1.3% | 2.0% |
| Supplementary Data | |||||||
| EPS | -0.59 | -2.17 | 0.03 | 0.79 | 1.30 | 0.37 | 0.53 |
| Diluted EPS | -0.59 | -2.17 | 0.03 | 0.79 | 1.30 | 0.37 | 0.53 |
| Weighted Average OS | 168.46M | 133.41M | 116.87M | 116.40M | 116.40M | 116.40M | 116.40M |
| EBITDA | $36M | -$187M | $103M | $209M | $272M | $133M | $166M |
| EBITDA Margin | 0.6% | -4.1% | 2.6% | 4.4% | 5.8% | 4.0% | 5.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $17M | $35M | $5M | $98M | $29M | $70M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $17M | $35M | $5M | $98M | $29M | $70M |
| Accounts Receivable | $1.23B | $1.23B | $743M | $900M | $1.01B | $772M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $74M | $77M | $48M | $31M | $44M | $20M |
| Total Current Assets | $1.32B | $1.34B | $796M | $1.03B | $1.08B | $862M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $372M | $411M | $319M | $278M | $239M | $236M |
| Goodwill | $1.11B | $1.12B | $630M | $630M | $630M | $630M |
| Intangible Assets | $453M | $499M | $68M | $79M | $100M | $124M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $24M | $42M | $12M | $15M | $16M | $18M |
| Total Long-Term Assets | $1.96B | $2.08B | $1.03B | $1B | $985M | $1.01B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.28B | $3.41B | $1.82B | $2.03B | $2.07B | $1.87B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $539M | $568M | $414M | $501M | $520M | $390M |
| Short-Term Debt | $17M | $17M | $3M | $4M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $10M | $26M | $13M | $14M | $6M | $5M |
| Total Current Liabilities | $1.04B | $1.06B | $682M | $823M | $816M | $629M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $387M | $351M | $352M | $451M | $93M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $51M | $88M | $7M | $16M | $52M | $49M |
| Other Long-Term Liabilities | $69M | $83M | $40M | $40M | -$56M | $38M |
| Total Long-Term Liabilities | $698M | $737M | $549M | $621M | $182M | $173M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.74B | $1.8B | $1.23B | $1.44B | $998M | $802M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2M | $2M | $1M | $1M | $1.07B | $0 |
| Retained Earnings | -$384M | -$284M | $6M | $2M | $0 | $0 |
| Comprehensive Income & Other | -$6M | -$10M | -$3M | -$4M | -$2M | -$2M |
| Other Stockholders' Equity | $1.92B | $1.89B | $587M | $584M | -$2M | $1.07B |
| Total Equity | $1.54B | $1.61B | $594M | $587M | $1.07B | $1.07B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.28B | $3.41B | $1.82B | $2.03B | $2.07B | $1.87B |
| Supplementary Data | ||||||
| Total Debt | $670M | $664M | $558M | $617M | $228M | $116M |
| Net Debt | $653M | $629M | $553M | $519M | $199M | $46M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$100M | -$290M | $4M | $92M | $150M | $43M | $62M |
| Depreciation & Amortization | $116M | $87M | $67M | $86M | $81M | $76M | $74M |
| Deferred Income Tax | -$21M | -$19M | -$8M | -$20M | $3M | -$9M | $20M |
| Stock-Based Compensation | $29M | $23M | $19M | $32M | $8M | $8M | $9M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$5M | -$109M | $158M | $92M | -$242M | -$264M | $24M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$16M | -$65M | -$86M | -$14M | $129M | $87M | -$36M |
| Other Working Capital | $21M | $125M | -$74M | $36M | $23M | $70M | -$35M |
| Total Working Capital Change | $0 | -$49M | -$2M | $114M | -$90M | -$107M | -$47M |
| Other Non-Cash Items | $27M | $236M | $9M | $6M | $3M | $14M | $5M |
| Net Cash from Operating | $51M | -$12M | $89M | $310M | $155M | $25M | $123M |
| Investing Activities | |||||||
| Capital Expenditures | -$59M | -$45M | -$64M | -$57M | -$39M | -$47M | -$56M |
| Acquisitions | -$8M | -$1.02B | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$4M | $0 | -$2M | $1M | $1M | $8M | $1M |
| Net Cash from Investing | -$71M | -$1.06B | -$66M | -$56M | -$38M | -$39M | -$55M |
| Financing Activities | |||||||
| Debt Repaid | -$31M | -$9M | $99M | -$451M | - | - | $5M |
| Common Stock Issuance | $0 | $1.13B | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$1M | $0 | -$2M | -$3M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$29M | -$26M | -$16M | -$631M | -$158M | $32M | -$42M |
| Net Cash from Financing | $1M | $1.11B | -$117M | -$183M | -$158M | $32M | -$47M |
| Forex Effect | $1M | -$2M | $1M | -$2M | $0 | $1M | $1M |
| Net Change in Cash | -$18M | $30M | -$93M | $69M | -$41M | $19M | $22M |
| Supplementary Data | |||||||
| Operating Cash Flow | $51M | -$12M | $89M | $310M | $155M | $25M | $123M |
| Capital Expenditure | -$59M | -$45M | -$64M | -$57M | -$39M | -$47M | -$56M |
| Free Cash Flow | -$8M | -$57M | $25M | $253M | $116M | -$22M | $67M |
| Cash at Beginning | $35M | $5M | $98M | $29M | $70M | $51M | $29M |
| Cash at End | $17M | $35M | $5M | $98M | $29M | $70M | $51M |