Xpo (XPO) Gross Margin (2010 - 2026)
Xpo (XPO) posted Gross Margin of 80.3% for Q2 2026, up 0.6% on a QoQ basis from 79.82% in Q1 2026, and up 78.0% year-over-year from 45.11% in Q2 2025.
Analysis
Xpo (XPO) Gross Margin (2010 - 2026) Analysis & Trends
Xpo has reported Gross Margin for 17 years, with the latest figure at 80.3% in Q2 2026.
- On a quarterly basis, Gross Margin rose 78.0% year-over-year to 80.3% in Q2 2026; TTM through Jun 2026 was 79.9%, a 54.0% increase from a year earlier, with the FY2025 full-year figure at 79.62%, up 70.0% from the prior year.
- Gross Margin was 80.3% for Q2 2026 at Xpo, up from 79.82% in the prior quarter.
- The five-year high for Gross Margin was 80.3% in Q2 2026, with the low at 73.07% in Q1 2022.
- Average Gross Margin over 5 years is 77.87%, with a median of 78.66% recorded in 2024.
- The largest YoY upside for Gross Margin was 10134 bps in 2022 against a maximum downside of 28474 bps in 2022.
- Over 5 years, Gross Margin stood at 75.48% in 2022, then increased by 4 bps to 78.25% in 2023, then increased by 1 bps to 79.29% in 2024, then rose by 0 bps to 79.51% in 2025, then increased by 1 bps to 80.3% in 2026.
- The last three Gross Margin figures came in at 80.3% (Q2 2026), 79.82% (Q1 2026), and 79.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 97.83% |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | - |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 80.30% |
| 4 | FedEx Freight Holding Company | 18.54 Bn | 18.54 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.22 Bn | 11.04 Bn | 1.77 Bn | 84.63% |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | - |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | - |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 63.86% |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | 95.93% |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.30% |
| Mar 31, 2026 | 79.82% |
| Dec 31, 2025 | 79.51% |
| Sep 30, 2025 | 79.91% |
| Jun 30, 2025 | 79.52% |
| Mar 31, 2025 | 79.58% |
| Dec 31, 2024 | 79.29% |
| Sep 30, 2024 | 79.06% |
| Jun 30, 2024 | 79.03% |
| Mar 31, 2024 | 78.30% |
| Dec 31, 2023 | 78.25% |
| Sep 30, 2023 | 77.93% |
| Jun 30, 2023 | 76.84% |
| Mar 31, 2023 | 76.04% |
| Dec 31, 2022 | 75.48% |
| Sep 30, 2022 | 75.33% |
| Jun 30, 2022 | 74.35% |
| Mar 31, 2022 | 73.07% |
| Dec 31, 2021 | 360.21% |
| Sep 30, 2021 | -26.01% |