What is XPO's PP&E (net)?

XPO (XPO) reported PP&E (net) of $3.65B in Q1 2026.

How has XPO's PP&E (net) changed year-over-year?

XPO's PP&E (net) increased by 3.2% year-over-year, from $3.54B to $3.65B.

What is the long-term trend for XPO's PP&E (net)?

Over 5 years (2020 to 2025), XPO's PP&E (net) has grown at a 14.1% compound annual growth rate (CAGR), from $1.89B to $3.66B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

XPO XPO PP&E (Net)

PP&E (Net) at other companies

JB Hunt Transport ServicesJBHT

$5.44B-5.6%

Old Dominion Freight LineODFL

$4.47B-0.7%

ArcBestARCB

$1.14B+6.8%

Forward AirFWRD

$286.65M-13.5%

FedExFDX

$42.04B+1.0%

SaiaSAIA

$2.85B+4.8%

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

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: XPO (XPO) reported PP&E (net) of $3.65B in Q1 2026.
How has XPO's PP&E (net) changed year-over-year?: XPO's PP&E (net) increased by 3.2% year-over-year, from $3.54B to $3.65B.
What is the long-term trend for XPO's PP&E (net)?: Over 5 years (2020 to 2025), XPO's PP&E (net) has grown at a 14.1% compound annual growth rate (CAGR), from $1.89B to $3.66B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.