XPO (XPO) reported D&A of $131M in Q1 2026.

How has XPO's D&A changed year-over-year?

XPO's D&A increased by 6.5% year-over-year, from $123M to $131M.

What is the long-term trend for XPO's D&A?

Over 4 years (2021 to 2025), XPO's D&A has grown at a 7.9% compound annual growth rate (CAGR), from $385M to $521M.

Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

XPO XPO D&A

D&A at other companies

JB Hunt Transport ServicesJBHT

$179.41M0.0%

Forward AirFWRD

$38.52M+3.1%

FedExFDX

$1.1B+3.8%

SaiaSAIA

$62.19M+5.3%

Knight-Swift Transportation Holdings Inc.KNX

$195.71M-0.5%

Werner EnterprisesWERN

$2M-20.0%

Segments

By segment

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North American LTL$98M+10.1%

European Transportation$33M+3.1%

Other financials

Income statement

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Revenue$2.1B+7.3%

Gross profit$998.0M+3.5%

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$24.1B+65.6%

Enterprise value$28.05B+50.6%

P/E69.3×+27.1×

P/S2.9×+1.1×

Profitability

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Gross margin29.6%+22.4pp

Operating margin8.2%-0.2pp

Net margin4.2%-0.7pp

FCF margin5.5%—

Returns & leverage

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Return on equity19.9%-6.2pp

Debt / equity2.2×-0.3×

Current ratio1×0.0×

Where this comes from

Reported directly by XPO in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

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 D&A?: XPO (XPO) reported D&A of $131M in Q1 2026.
How has XPO's D&A changed year-over-year?: XPO's D&A increased by 6.5% year-over-year, from $123M to $131M.
What is the long-term trend for XPO's D&A?: Over 4 years (2021 to 2025), XPO's D&A has grown at a 7.9% compound annual growth rate (CAGR), from $385M to $521M.
What does D&A mean?: Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.