Rxo (RXO) Net Margin (2021 - 2026)
Rxo's Net Margin was -0.51% in Q2 2026, up 0.13 percentage points from -0.63% a year earlier and up 2.02 percentage points from the prior quarter.
Rxo (RXO) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rxo's Net Margin was -1.72% through Jun 30, 2026, up 3.82 percentage points year-over-year; for FY2025, it was -1.74%, up 4.63 percentage points from FY2024.
- Net Margin shows a five-year change of -3.02 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -6.37% in FY2024 (-6.48 pp), 0.10% in FY2023 (-1.82 pp), 1.92% in FY2022 (-1.28 pp) and 3.20% in FY2021 (+1.92 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q4 2023.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.61 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2025 (a gain of 22.38 percentage points); the worst was Q3 2024 (a drop of 23.26 percentage points).
- Per Business Quant data, RXO's Net Margin in the three quarters before Q2 2026 was -2.53% (Q1 2026), -3.13% (Q4 2025) and -0.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.58 Bn | 166.10 Bn | - | 29.04% |
| 2 | Csx | 89.73 Bn | 85.93 Bn | - | 25.46% |
| 3 | United Parcel Service | 84.96 Bn | 61.85 Bn | - | 2.65% |
| 4 | Canadian Pacific Kansas City | 78.38 Bn | 77.39 Bn | - | 24.59% |
| 5 | Norfolk Southern | 73.55 Bn | 68.19 Bn | - | 21.18% |
| 6 | Fedex | 70.88 Bn | 36.82 Bn | - | 6.39% |
| 7 | Delta Air Lines | 51.76 Bn | 33.94 Bn | - | 3.75% |
| 8 | Old Dominion Freight Line | 39.39 Bn | 38.65 Bn | - | 22.56% |
| 9 | United Airlines Holdings | 33.92 Bn | -22.46 Bn | - | 4.56% |
| 10 | Rxo | 4.90 Bn | 4.82 Bn | 302.00 Mn | -0.51% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.51% |
| Mar 31, 2026 | -2.53% |
| Dec 31, 2025 | -3.13% |
| Sep 30, 2025 | -0.99% |
| Jun 30, 2025 | -0.63% |
| Mar 31, 2025 | -2.16% |
| Dec 31, 2024 | -1.50% |
| Sep 30, 2024 | -23.37% |
| Jun 30, 2024 | -0.75% |
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | 0.20% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | 0.31% |
| Dec 31, 2022 | -0.36% |
| Sep 30, 2022 | 1.14% |
| Jun 30, 2022 | 3.59% |
| Mar 31, 2022 | 2.97% |
| Dec 31, 2021 | 3.17% |
| Sep 30, 2021 | 2.75% |
Rxo Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=RXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();