Xpo (XPO) Operating Margin (2010 - 2026)
Xpo's quarterly Operating Margin came in at 8.3% in Q1 2026, up 57.0% year-on-year from 5.29% in Q1 2025, and up 16.74% quarter-over-quarter from 7.11% in Q4 2025.
Xpo has reported Operating Margin for 17 years, with the latest figure at 8.3% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 57.0% year-over-year to 8.3%; the trailing twelve-month figure through Mar 2026 stood at 8.18% (down 22.0% YoY), and the FY2025 full-year result was 8.04%, down 13.0% from the prior year.
- Operating Margin for Q1 2026 stood at 8.3%, up from 7.11% in the prior quarter.
- The five-year high for Operating Margin was 9.52% in Q2 2025, with the low at 0.22% in Q4 2022.
- Average Operating Margin over 5 years is 6.74%, with a median of 7.73% recorded in 2025.
- Year-over-year, Operating Margin slumped 351 bps in 2022 and surged 592 bps in 2023.
- Tracing XPO's Operating Margin over 5 years: stood at 0.22% in 2022, then soared by 2708 bps to 6.13% in 2023, then advanced by 26 bps to 7.75% in 2024, then fell by 8 bps to 7.11% in 2025, then gained by 17 bps to 8.3% in 2026.
- The last three Operating Margin figures came in at 8.3% (Q1 2026), 7.11% (Q4 2025), and 7.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 23.78% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 8.30% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 8.29% |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 1.54% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 2.39% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -1.96% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.34% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.49% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -6.29% |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.30% |
| Dec 31, 2025 | 7.11% |
| Sep 30, 2025 | 7.77% |
| Jun 30, 2025 | 9.52% |
| Mar 31, 2025 | 7.73% |
| Dec 31, 2024 | 7.75% |
| Sep 30, 2024 | 8.57% |
| Jun 30, 2024 | 9.48% |
| Mar 31, 2024 | 6.84% |
| Dec 31, 2023 | 6.13% |
| Sep 30, 2023 | 7.78% |
| Jun 30, 2023 | 5.58% |
| Mar 31, 2023 | 3.04% |
| Dec 31, 2022 | 0.22% |
| Sep 30, 2022 | 7.14% |
| Jun 30, 2022 | 8.35% |
| Mar 31, 2022 | 3.33% |
| Dec 31, 2021 | 3.72% |
| Sep 30, 2021 | 3.55% |
| Jun 30, 2021 | 6.41% |
| Mar 31, 2021 | 3.53% |
| Dec 31, 2020 | 5.21% |
| Sep 30, 2020 | 5.16% |
| Jun 30, 2020 | -4.75% |
| Mar 31, 2020 | 1.55% |
| Dec 31, 2019 | 3.17% |
| Sep 30, 2019 | 5.51% |
| Jun 30, 2019 | 6.09% |
| Mar 31, 2019 | 3.20% |
| Dec 31, 2018 | 2.87% |
| Sep 30, 2018 | 4.82% |
| Jun 30, 2018 | 5.23% |
| Mar 31, 2018 | 3.36% |
| Dec 31, 2017 | 3.01% |
| Sep 30, 2017 | 4.55% |
| Jun 30, 2017 | 4.66% |
| Mar 31, 2017 | 2.93% |
| Dec 31, 2016 | 2.36% |
| Sep 30, 2016 | 4.55% |
| Jun 30, 2016 | 4.62% |
| Mar 31, 2016 | 1.76% |
| Dec 31, 2015 | -1.14% |
| Sep 30, 2015 | 1.88% |
| Jun 30, 2015 | -2.48% |
| Mar 31, 2015 | -0.68% |
| Dec 31, 2014 | 0.72% |
| Sep 30, 2014 | -2.05% |
| Jun 30, 2014 | -2.05% |
| Mar 31, 2014 | -7.58% |
| Dec 31, 2013 | -3.30% |
| Sep 30, 2013 | -9.48% |
| Jun 30, 2013 | -10.28% |
| Mar 31, 2013 | -9.91% |
| Dec 31, 2012 | -10.23% |
| Sep 30, 2012 | -13.10% |
| Jun 30, 2012 | -6.24% |
| Mar 31, 2012 | -9.42% |
| Dec 31, 2011 | -5.42% |
| Sep 30, 2011 | 0.99% |
| Jun 30, 2011 | 3.73% |
| Mar 31, 2011 | 4.82% |
| Dec 31, 2010 | 3.28% |
| Sep 30, 2010 | 6.57% |
| Jun 30, 2010 | 6.55% |