Xpo (XPO) Invested Capital (2010 - 2026)
Xpo's Invested Capital came in at $5.17 billion for Q2 2026, down 0.4% from $5.19 billion a year earlier but up 0.8% from the prior quarter.
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Analysis
Xpo (XPO) Invested Capital (2010 - 2026) Analysis & Trends
Going back to Q4 2010, Xpo's Invested Capital data covers 62 quarters.
- Invested Capital has increased in each of the last three years, though with a five-year compound annual growth rate of -11.2% (FY2020 to FY2025).
- Going back by year, Invested Capital was $4.99 billion in FY2024 (+6.8%), $4.67 billion in FY2023 (+31.8%), $3.54 billion in FY2022 (-24.7%) and $4.71 billion in FY2021 (-49.7%).
- The five-year range for quarterly Invested Capital is $3.54 billion (Q4 2022) to $5.19 billion (Q2 2025).
- Year-over-year, Invested Capital increased in seven of the last eight quarters, with growth averaging 7.9%.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2024 (growth of 36.2%), and the weakest in Q3 2021 (a decline of 51.5%).
- Business Quant data shows XPO's Invested Capital at $5.13 billion (Q1 2026), $5.17 billion (Q4 2025) and $5.16 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 51.00 Bn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 32.95 Bn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 39.58 Bn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 51.20 Bn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 32.87 Bn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 36.46 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 4.57 Bn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 43.16 Bn |
| 10 | Xpo | 21.66 Bn | 20.48 Bn | - | 5.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.17 Bn |
| Mar 31, 2026 | 5.13 Bn |
| Dec 31, 2025 | 5.17 Bn |
| Sep 30, 2025 | 5.16 Bn |
| Jun 30, 2025 | 5.19 Bn |
| Mar 31, 2025 | 5.04 Bn |
| Dec 31, 2024 | 4.99 Bn |
| Sep 30, 2024 | 5.05 Bn |
| Jun 30, 2024 | 4.89 Bn |
| Mar 31, 2024 | 4.72 Bn |
| Dec 31, 2023 | 4.67 Bn |
| Sep 30, 2023 | 3.71 Bn |
| Jun 30, 2023 | 3.64 Bn |
| Mar 31, 2023 | 3.60 Bn |
| Dec 31, 2022 | 3.54 Bn |
| Sep 30, 2022 | 4.69 Bn |
| Jun 30, 2022 | 4.62 Bn |
| Mar 31, 2022 | 5.16 Bn |
| Dec 31, 2021 | 4.71 Bn |
| Sep 30, 2021 | 4.59 Bn |
API Access
Xpo Invested Capital 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=invested-capital&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();