Xpo (XPO) Debt Ratio (2010 - 2026)
Xpo's Debt Ratio came in at 0.38 for Q2 2026, down 8.2% from 0.42 a year earlier and down 3.9% from the prior quarter.
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Analysis
Xpo (XPO) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Xpo's Debt Ratio was 0.40, down 7.9% from FY2024.
- Going back by year, Debt Ratio was 0.44 in FY2024 (-3.3%), 0.45 in FY2023 (+12.5%), 0.40 in FY2022 (-1.4%) and 0.41 in FY2021 (+1.6%).
- The Q2 2026 figure represents the lowest quarterly Debt Ratio since Q3 2022.
- Year-over-year, Debt Ratio has declined for seven consecutive quarters, with an average decline of 3.7% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2023 (growth of 17.6%), and the weakest in Q3 2022 (a decline of 18.3%).
- Business Quant data shows XPO's Debt Ratio at 0.40 (Q1 2026), 0.40 (Q4 2025) and 0.41 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 0.43 |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 0.42 |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 0.34 |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 0.28 |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 0.37 |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 0.16 |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 0.00 |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 0.31 |
| 10 | Xpo | 21.66 Bn | 20.48 Bn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.42 |
API Access
Xpo Debt Ratio 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=debt-ratio&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();