Discontinued — last reported Q1 '23
Brokerage And Other Services — Restructuring Reserve
XPO Brokerage And Other Services — Restructuring Reserve increased by 500.0% to $6.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 20.0%, from $5.00M to $6.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests planned future restructuring activities, while a decrease indicates the utilization or reversal of previously accrued restructuring liabilities.
Detailed definition
This represents the accrued liability balance set aside to cover future costs associated with organizational restructuri...
Peer comparison
Peers in the logistics and brokerage industry often report similar restructuring accruals during periods of strategic transformation or post-spinoff integration.
xpo_segment_brokerage_and_other_services_restructuring_reserveHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|
| Value | $6.00M | $5.00M | $4.00M | $2.00M | $1.00M | $6.00M |
| QoQ Change | — | -16.7% | -20.0% | -50.0% | -50.0% | +500.0% |
| YoY Change | — | — | — | — | -83.3% | +20.0% |
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Frequently Asked Questions
- What is XPO's brokerage and other services — restructuring reserve?
- XPO (XPO) reported brokerage and other services — restructuring reserve of $6.00M in Q1 2023.
- How has XPO's brokerage and other services — restructuring reserve changed year-over-year?
- XPO's brokerage and other services — restructuring reserve increased by 20.0% year-over-year, from $5.00M to $6.00M.
- What does brokerage and other services — restructuring reserve mean?
- The total amount of money set aside to pay for future costs related to reorganizing the brokerage and logistics business.