XPO, Inc. XPO
NYSE XPO
$188.98 +0.59 (+0.31%)
At close: Oct 22, 2026 · 4:00 PM EDT

Xpo (XPO) Gross Margin (2010 - 2022)

Updated

Xpo (XPO) posted Gross Margin of 192.24% for Q4 2022, down 17.29 percentage points from 209.54% a year earlier but up 197.28 percentage points from the prior quarter.

Analysis

Xpo (XPO) Gross Margin (2010 - 2022) Analysis & Trends

For FY2022, Xpo's Gross Margin came in at 35.93%, down 0.14 percentage points from FY2021.

  • Annual Gross Margin shows a five-year change of -11.20 percentage points (FY2017 to FY2022).
  • In prior years, Xpo's Gross Margin was 36.07% in FY2021 (-1.04 pp), 37.11% in FY2020 (+6.01 pp), 31.10% in FY2019 (-16.74 pp) and 47.84% in FY2018 (+0.71 pp).
  • Quarterly Gross Margin has run from a low of -28.67% in Q1 2022 to a high of 209.54% in Q4 2021 over five years.
  • On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -7.49 percentage points.
  • The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 74.14 percentage points; the weakest was Q3 2021, with a drop of 58.20 percentage points.
  • According to Business Quant data, Gross Margin for the three prior quarters was -5.04% (Q3 2022), -5.18% (Q2 2022) and -28.67% (Q1 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Union Pacific 177.13 Bn 169.38 Bn - -
2 Csx 95.25 Bn 90.48 Bn - -
3 Canadian Pacific Kansas City 79.66 Bn 79.37 Bn - -
4 United Parcel Service 76.08 Bn 53.01 Bn - -
5 Norfolk Southern 75.89 Bn 70.35 Bn - -
6 Fedex 71.92 Bn 37.86 Bn - -
7 Delta Air Lines 52.14 Bn 34.32 Bn - -
8 Old Dominion Freight Line 39.40 Bn 38.66 Bn - -
9 United Airlines Holdings 33.14 Bn -24.56 Bn - -
10 Xpo 22.11 Bn 20.93 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 192.24%
Sep 30, 2022 -5.04%
Jun 30, 2022 -5.18%
Mar 31, 2022 -28.67%
Dec 31, 2021 209.54%
Sep 30, 2021 -26.01%
Jun 30, 2021 -16.71%
Mar 31, 2021 -18.88%
Dec 31, 2020 135.40%
Sep 30, 2020 32.19%
Jun 30, 2020 22.85%
Mar 31, 2020 22.81%
Sep 30, 2019 50.22%
Jun 30, 2019 50.26%
Mar 31, 2019 49.13%
Dec 31, 2018 48.39%
Sep 30, 2018 48.12%
Jun 30, 2018 47.88%
Mar 31, 2018 46.92%
Dec 31, 2017 46.83%
API Access

Xpo Gross 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=gross-margin&ticker=XPO&period=max&api_key=YOUR_API_KEY