Xpo (XPO) Shares Outstanding (Diluted) (2010 - 2026)
Xpo (XPO) posted Shares Outstanding (Diluted) of 118 million for Q2 2026, down 0.8% from 119 million a year earlier and down 0.8% from the prior quarter.
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Analysis
Xpo (XPO) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Xpo's Shares Outstanding (Diluted) came in at 119 million, down 0.8% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- In prior years, Xpo's Shares Outstanding (Diluted) was 120 million in FY2024 (+1.7%), 118 million in FY2023 (+1.7%), 116 million in FY2022 (+1.8%) and 114 million in FY2021 (+11.8%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 114 million in Q4 2021 to a high of 120 million in Q3 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined in each of the last three quarters, with an average decline of 0.1% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2021, with growth of 13.7%; the weakest was Q2 2026, with a decline of 0.8%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 119 million (Q1 2026), 119 million (Q4 2025) and 120 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 594.50 Mn |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 1.85 Bn |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 887.10 Mn |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 225.20 Mn |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 239.00 Mn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 659.00 Mn |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 208.72 Mn |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 327.40 Mn |
| 10 | Xpo | 22.11 Bn | 20.93 Bn | - | 118.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.00 Mn |
| Mar 31, 2026 | 119.00 Mn |
| Dec 31, 2025 | 119.00 Mn |
| Sep 30, 2025 | 120.00 Mn |
| Jun 30, 2025 | 119.00 Mn |
| Mar 31, 2025 | 120.00 Mn |
| Dec 31, 2024 | 120.00 Mn |
| Sep 30, 2024 | 120.00 Mn |
| Jun 30, 2024 | 120.00 Mn |
| Mar 31, 2024 | 120.00 Mn |
| Dec 31, 2023 | 118.00 Mn |
| Sep 30, 2023 | 119.00 Mn |
| Jun 30, 2023 | 118.00 Mn |
| Mar 31, 2023 | 116.00 Mn |
| Dec 31, 2022 | 116.00 Mn |
| Sep 30, 2022 | 116.00 Mn |
| Jun 30, 2022 | 116.00 Mn |
| Mar 31, 2022 | 116.00 Mn |
| Dec 31, 2021 | 114.00 Mn |
| Sep 30, 2021 | 116.00 Mn |
API Access
Xpo Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();