Xpo (XPO) Operating Leases (2019 - 2026)
Xpo (XPO) recorded Operating Leases of $612 million in Q2 2026, unchanged from $612 million a year earlier and up 3.6% from the prior quarter.
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Analysis
Xpo (XPO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Xpo reported Operating Leases of $611 million, up 1.3% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of -2.6% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $603 million in FY2024 (+2.6%), $588 million in FY2023 (-3.0%), $606 million in FY2022 (+1.7%) and $596 million in FY2021 (-14.4%).
- Quarterly Operating Leases has ranged from $583 million in Q1 2025 to $689 million in Q2 2022 over the past five years.
- On a year-over-year basis, Operating Leases rose in four of the last eight quarters, with growth averaging 0.9%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 5.1% in Q3 2024, against a decline of 67.3% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $591 million (Q1 2026), $611 million (Q4 2025) and $611 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - |
| 10 | Xpo | 21.66 Bn | 20.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 612.00 Mn |
| Mar 31, 2026 | 591.00 Mn |
| Dec 31, 2025 | 611.00 Mn |
| Sep 30, 2025 | 611.00 Mn |
| Jun 30, 2025 | 612.00 Mn |
| Mar 31, 2025 | 583.00 Mn |
| Dec 31, 2024 | 603.00 Mn |
| Sep 30, 2024 | 614.00 Mn |
| Jun 30, 2024 | 613.00 Mn |
| Mar 31, 2024 | 598.00 Mn |
| Dec 31, 2023 | 588.00 Mn |
| Sep 30, 2023 | 584.00 Mn |
| Jun 30, 2023 | 592.00 Mn |
| Mar 31, 2023 | 606.00 Mn |
| Dec 31, 2022 | 606.00 Mn |
| Sep 30, 2022 | 671.00 Mn |
| Jun 30, 2022 | 689.00 Mn |
| Mar 31, 2022 | 682.00 Mn |
| Dec 31, 2021 | 596.00 Mn |
| Sep 30, 2021 | 677.00 Mn |
API Access
Xpo Operating Leases 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=operating-leases&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();