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XPO XPO Debt-to-assets

Debt-to-assets at other companies

JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
0.2×0.0×
Old Dominion Freight Line logo
Old Dominion Freight LineODFL
0.0×
FedEx logo
FedExFDX
0.5×0.0×
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
0.1×0.0×
CSX logo
CSXCSX
-0.4×
C.H. Robinson Worldwide logo
C.H. Robinson WorldwideCHRW
0.3×0.0×

Other financials

Income statement

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Revenue$2.1B+7.3%
Operating income$174.0M+15.2%
Net income$101.0M+46.4%
EPS (diluted)$0.85+46.6%

Balance sheet

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Cash & equivalents$179.0M+4.1%
Total debt$4.1B-2.1%
Total equity$1.9B+12.9%
Total assets$8.2B+3.9%

Cash flow

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Operating cash flow$183.0M+28.9%
CapEx$111.0M-44.2%
Free cash flow$72.0M+226%

Valuation

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Market cap$23.42B+80.7%
Enterprise value$27.37B+60.5%
P/E67.3×+34.0×
P/S2.8×+1.2×

Profitability

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Gross margin29.6%+22.4pp
Operating margin8.2%-0.2pp
Net margin4.2%-0.7pp

Returns & leverage

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Return on equity19.9%-6.2pp
Debt / equity2.2×-0.3×
Current ratio0.0×

Where this comes from

Calculated from XPO’s reported figures.

Based on the most recent quarter.

The official record: XPO’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is XPO's debt-to-assets?
XPO (XPO) reported debt-to-assets of 0.5× in Q1 2026.
How has XPO's debt-to-assets changed year-over-year?
XPO's debt-to-assets decreased by 5.8% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for XPO's debt-to-assets?
Over 4 years (2021 to 2025), XPO's debt-to-assets has grown at a 0.2% compound annual growth rate (CAGR), from 2.1× to 2.1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.