Xpo (XPO) Net Margin (2010 - 2026)
Xpo (XPO) posted Net Margin of 6.88% for Q2 2026, up 42.76% on a QoQ basis from 4.82% in Q1 2026, and up 178.0% year-over-year from 2.47% in Q2 2025.
Analysis
Xpo (XPO) Net Margin (2010 - 2026) Analysis & Trends
Xpo has reported Net Margin for 17 years, with the latest figure at 6.88% in Q2 2026.
- On a quarterly basis, Net Margin rose 178.0% year-over-year to 6.88% in Q2 2026; TTM through Jun 2026 was 4.71%, a 40.0% increase from a year earlier, with the FY2025 full-year figure at 3.87%, down 92.0% from the prior year.
- Net Margin was 6.88% for Q2 2026 at Xpo, up from 4.82% in the prior quarter.
- The five-year high for Net Margin was 25.77% in Q1 2022, with the low at 5.13% in Q4 2022.
- Average Net Margin over 5 years is 5.02%, with a median of 4.12% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 1911 bps in 2022, then sank 2487 bps in 2023.
- Over 5 years, Net Margin stood at 5.13% in 2022, then jumped by 158 bps to 2.99% in 2023, then surged by 31 bps to 3.9% in 2024, then decreased by 25 bps to 2.93% in 2025, then surged by 134 bps to 6.88% in 2026.
- The last three Net Margin figures came in at 6.88% (Q2 2026), 4.82% (Q1 2026), and 2.93% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 22.56% |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | 5.18% |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 6.88% |
| 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 | 2.06% |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | 6.66% |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | 9.85% |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 3.17% |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | -1.17% |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | 0.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.88% |
| Mar 31, 2026 | 4.82% |
| Dec 31, 2025 | 2.93% |
| Sep 30, 2025 | 3.88% |
| Jun 30, 2025 | 5.10% |
| Mar 31, 2025 | 3.53% |
| Dec 31, 2024 | 3.90% |
| Sep 30, 2024 | 4.63% |
| Jun 30, 2024 | 7.22% |
| Mar 31, 2024 | 3.32% |
| Dec 31, 2023 | 2.99% |
| Sep 30, 2023 | 4.34% |
| Jun 30, 2023 | 1.72% |
| Mar 31, 2023 | 0.89% |
| Dec 31, 2022 | -5.13% |
| Sep 30, 2022 | 6.73% |
| Jun 30, 2022 | 6.89% |
| Mar 31, 2022 | 25.77% |
| Dec 31, 2021 | 6.88% |
| Sep 30, 2021 | -3.11% |