Xerox Holdings (XRX) Invested Capital (2009 - 2026)
Xerox Holdings (XRX) posted Invested Capital of $412 million for Q2 2026, down 78.1% from $1.88 billion a year earlier and down 31.1% from the prior quarter.
Xerox Holdings (XRX) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Xerox Holdings' Invested Capital came in at $801 million, down 61.0% from FY2024.
- Annual Invested Capital has declined for 12 consecutive years, with a five-year compound annual growth rate of -33.1% (FY2020 to FY2025).
- In prior years, Xerox Holdings' Invested Capital was $2.05 billion in FY2024 (-34.1%), $3.12 billion in FY2023 (-26.1%), $4.21 billion in FY2022 (-17.3%) and $5.09 billion in FY2021 (-15.0%).
- The Q2 2026 figure stands as the lowest quarterly Invested Capital in data going back to Q1 2009.
- On a year-over-year basis, Invested Capital has declined in each of the last 23 quarters, with an average decline of 49.6% over the last eight quarters.
- Over the past five years, the year-over-year decline in Invested Capital ranged from 7.7% (Q1 2022) to 78.1% (Q2 2026).
- According to Business Quant data, Invested Capital for the three prior quarters was $598 million (Q1 2026), $801 million (Q4 2025) and $842 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 172.71 Bn | 133.12 Bn | 6.13 Bn | 38.16 Bn |
| 2 | Cintas | 89.51 Bn | 88.59 Bn | 1.55 Bn | 7.63 Bn |
| 3 | Iron Mountain | 32.96 Bn | 32.48 Bn | 1.07 Bn | 16.07 Bn |
| 4 | Rollins | 16.86 Bn | 16.41 Bn | 582.90 Mn | 2.12 Bn |
| 5 | APi | 16.77 Bn | 13.80 Bn | 703.00 Mn | 7.04 Bn |
| 6 | UL Solutions | 14.87 Bn | 13.66 Bn | 417.00 Mn | 1.92 Bn |
| 7 | Gartner | 14.80 Bn | 8.50 Bn | 1.19 Bn | 2.81 Bn |
| 8 | Aramark | 13.84 Bn | 11.86 Bn | 430.34 Mn | 9.52 Bn |
| 9 | Rentokil Initial | 11.56 Bn | 5.07 Bn | - | - |
| 10 | Xerox Holdings | 366.17 Mn | -1.70 Bn | 688.00 Mn | 412.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 412.00 Mn |
| Mar 31, 2026 | 598.00 Mn |
| Dec 31, 2025 | 801.00 Mn |
| Sep 30, 2025 | 842.00 Mn |
| Jun 30, 2025 | 1.88 Bn |
| Mar 31, 2025 | 2.04 Bn |
| Dec 31, 2024 | 2.05 Bn |
| Sep 30, 2024 | 2.21 Bn |
| Jun 30, 2024 | 2.49 Bn |
| Mar 31, 2024 | 2.79 Bn |
| Dec 31, 2023 | 3.12 Bn |
| Sep 30, 2023 | 3.67 Bn |
| Jun 30, 2023 | 4.28 Bn |
| Mar 31, 2023 | 4.02 Bn |
| Dec 31, 2022 | 4.21 Bn |
| Sep 30, 2022 | 4.32 Bn |
| Jun 30, 2022 | 4.99 Bn |
| Mar 31, 2022 | 5.64 Bn |
| Dec 31, 2021 | 5.09 Bn |
| Sep 30, 2021 | 5.84 Bn |
Xerox Holdings Invested Capital 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=invested-capital&ticker=XRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "XRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=XRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();