Xpo (XPO) Operating Leases (2019 - 2026)

Xpo (XPO) posted quarterly Operating Leases of $591.0 million for Q1 2026, up 1.37% year-over-year from $583.0 million in Q1 2025, and down 3.27% on a QoQ basis from $611.0 million in Q4 2025.

Xpo (XPO) Operating Leases (2019 - 2026) Analysis & Trends

Xpo (XPO) has reported Operating Leases for 8 consecutive years, with $591.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases rose 1.37% year-over-year to $591.0 million; the TTM figure through Mar 2026 stood at $591.0 million (up 1.37% YoY), while the FY2025 annual figure was $611.0 million, down 16.3% from the prior year.
  • Operating Leases came in at $591.0 million for Q1 2026 at Xpo, down from $611.0 million in the prior quarter.
  • The five-year high for Operating Leases was $730.0 million in Q4 2024, with the low at $583.0 million in Q1 2025.
  • Average Operating Leases over 5 years is $628.7 million, with a median of $611.0 million recorded in 2025.
  • Across the five-year window, Operating Leases tumbled 67.31% in 2022 and rose 24.15% in 2024, its largest moves.
  • Year by year, Operating Leases stood at $713.0 million in 2022, then dropped by 17.53% to $588.0 million in 2023, then grew by 24.15% to $730.0 million in 2024, then fell by 16.3% to $611.0 million in 2025, then declined by 3.27% to $591.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $591.0 million, $611.0 million, and $611.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn
5 Saia 11.19 Bn 11.15 Bn -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn
10 Marten Transport 1.42 Bn 1.37 Bn 203.18 Mn

Historic Data

Download Data
DateValue
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 730.00 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 713.00 Mn
Sep 30, 2022 671.00 Mn
Jun 30, 2022 689.00 Mn
Mar 31, 2022 682.00 Mn
Dec 31, 2021 703.00 Mn
Sep 30, 2021 677.00 Mn
Jun 30, 2021 2.04 Bn