Xpo (XPO) Capital Expenditures (2010 - 2026)
Xpo's Capital Expenditures was $127 million in Q2 2026, down 35.2% from $196 million a year earlier but up 14.4% from the prior quarter.
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Analysis
Xpo (XPO) Capital Expenditures (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xpo's Capital Expenditures was $500 million through Jun 30, 2026, down 27.3% year-over-year; for FY2025, it came in at $657 million, down 16.7% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 21.4% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $789 million in FY2024 (-48.5%), $1.53 billion in FY2023 (+194.2%), $521 million in FY2022 (+93.7%) and $269 million in FY2021 (+8.0%).
- Quarterly Capital Expenditures has moved between $57 million (Q4 2021) and $1.04 billion (Q4 2023) over five years.
- Compared with a year earlier, Capital Expenditures has declined for three straight quarters, with an average decline of 27.2% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2023 (growth of 522.2%); the worst was Q4 2024 (a decline of 84.0%).
- Per Business Quant data, XPO's Capital Expenditures in the three quarters before Q2 2026 was $111 million (Q1 2026), $106 million (Q4 2025) and $156 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 873.00 Mn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 576.00 Mn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 693.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 547.98 Mn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 439.00 Mn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 1.41 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 77.04 Mn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 1.34 Bn |
| 10 | Xpo | 21.66 Bn | 20.48 Bn | - | 127.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.00 Mn |
| Mar 31, 2026 | 111.00 Mn |
| Dec 31, 2025 | 106.00 Mn |
| Sep 30, 2025 | 156.00 Mn |
| Jun 30, 2025 | 196.00 Mn |
| Mar 31, 2025 | 199.00 Mn |
| Dec 31, 2024 | 166.00 Mn |
| Sep 30, 2024 | 127.00 Mn |
| Jun 30, 2024 | 190.00 Mn |
| Mar 31, 2024 | 306.00 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 139.00 Mn |
| Jun 30, 2023 | 131.00 Mn |
| Mar 31, 2023 | 224.00 Mn |
| Dec 31, 2022 | 167.00 Mn |
| Sep 30, 2022 | 112.00 Mn |
| Jun 30, 2022 | 119.00 Mn |
| Mar 31, 2022 | 123.00 Mn |
| Dec 31, 2021 | 57.00 Mn |
| Sep 30, 2021 | 77.00 Mn |
API Access
Xpo Capital Expenditures 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=capital-expenditures&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "XPO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();