Rxo (RXO) Operating Margin (2021 - 2026)
Rxo (RXO) posted Operating Margin of 0.06% for Q2 2026, up 2.02 percentage points from the prior quarter.
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Analysis
Rxo (RXO) Operating Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Rxo was -1.25%, up 0.08 percentage points year-over-year; for FY2025, it was -1.38%, down 0.15 percentage points from FY2024.
- Annual Operating Margin has declined for four consecutive years, with a five-year change of -3.16 percentage points (FY2020 to FY2025).
- In prior years, Rxo's Operating Margin was -1.23% in FY2024 (-2.22 pp), 0.99% in FY2023 (-1.57 pp), 2.56% in FY2022 (-1.53 pp) and 4.09% in FY2021 (+2.31 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q4 2023.
- On a year-over-year basis, Operating Margin increased in two of the last six quarters, with an average year-over-year change of -1.01 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2023, with a gain of 1.52 percentage points; the weakest was Q4 2022, with a drop of 4.23 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -1.96% (Q1 2026), -2.86% (Q4 2025) and -0.49% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.77 Bn | 166.29 Bn | - | 40.25% |
| 2 | Csx | 89.62 Bn | 85.83 Bn | - | 38.27% |
| 3 | United Parcel Service | 84.59 Bn | 61.48 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 78.25 Bn | 77.27 Bn | - | 35.35% |
| 5 | Norfolk Southern | 73.49 Bn | 68.14 Bn | - | 32.44% |
| 6 | Fedex | 70.97 Bn | 36.92 Bn | - | 6.20% |
| 7 | Delta Air Lines | 51.41 Bn | 33.60 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.34 Bn | 38.60 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 33.40 Bn | -22.97 Bn | - | 6.20% |
| 10 | Rxo | 4.91 Bn | 4.83 Bn | 302.00 Mn | 0.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06% |
| Mar 31, 2026 | -1.96% |
| Dec 31, 2025 | -2.86% |
| Sep 30, 2025 | -0.49% |
| Mar 31, 2025 | -2.09% |
| Dec 31, 2024 | -1.44% |
| Sep 30, 2024 | -1.92% |
| Mar 31, 2024 | -1.31% |
| Dec 31, 2023 | 1.43% |
| Sep 30, 2023 | 0.61% |
| Jun 30, 2023 | 1.45% |
| Mar 31, 2023 | 0.50% |
| Dec 31, 2022 | -0.09% |
| Sep 30, 2022 | 1.32% |
| Jun 30, 2022 | 4.73% |
| Mar 31, 2022 | 3.89% |
| Dec 31, 2021 | 4.14% |
| Sep 30, 2021 | 3.17% |
API Access
Rxo Operating 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=operating-margin&ticker=RXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=RXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();