Xerox Holdings (XRX) Operating Margin (2009 - 2026)
Xerox Holdings' Operating Margin came in at -62.59% for Q2 2026, up 12.60 percentage points from -75.19% a year earlier.
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Analysis
Xerox Holdings (XRX) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xerox Holdings reported Operating Margin of -76.32%, up 10.31 percentage points year-over-year; for FY2025, it came in at -79.88%, up 8.16 percentage points from FY2024.
- Operating Margin carries a five-year change of -47.39 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -88.04% in FY2024 (-21.24 pp), -66.80% in FY2023 (+3.64 pp), -70.44% in FY2022 (+0.55 pp) and -70.99% in FY2021 (-38.50 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q3 2023.
- Year-over-year, Operating Margin increased in three of the last six quarters, with an average year-over-year change of -4.20 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 127.51 percentage points), and the weakest in Q4 2021 (a drop of 216.98 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 145.80 Bn | 105.08 Bn | 6.13 Bn | 16.96% |
| 2 | Cintas | 88.06 Bn | 87.15 Bn | 1.55 Bn | 23.62% |
| 3 | Iron Mountain | 34.54 Bn | 33.73 Bn | 1.07 Bn | 18.41% |
| 4 | APi | 17.48 Bn | 14.52 Bn | 703.00 Mn | 7.76% |
| 5 | Rollins | 16.17 Bn | 15.72 Bn | 569.95 Mn | 18.67% |
| 6 | UL Solutions | 15.10 Bn | 13.86 Bn | 417.00 Mn | 18.38% |
| 7 | Aramark | 14.74 Bn | 12.68 Bn | 430.34 Mn | 4.26% |
| 8 | Gartner | 14.47 Bn | 8.16 Bn | 1.19 Bn | 22.59% |
| 9 | Rentokil Initial | 10.64 Bn | 4.16 Bn | - | - |
| 10 | Xerox Holdings | 366.51 Mn | -1.70 Bn | 688.00 Mn | -62.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -62.59% |
| Dec 31, 2025 | -74.46% |
| Sep 30, 2025 | -92.61% |
| Jun 30, 2025 | -75.19% |
| Dec 31, 2024 | -69.13% |
| Sep 30, 2024 | -138.74% |
| Jun 30, 2024 | -65.46% |
| Mar 31, 2024 | -78.70% |
| Dec 31, 2023 | -77.11% |
| Sep 30, 2023 | -61.86% |
| Jun 30, 2023 | -69.10% |
| Mar 31, 2023 | -58.60% |
| Dec 31, 2022 | -56.00% |
| Sep 30, 2022 | -88.35% |
| Jun 30, 2022 | -66.91% |
| Mar 31, 2022 | -72.12% |
| Dec 31, 2021 | -183.51% |
| Sep 30, 2021 | -32.88% |
| Jun 30, 2021 | -31.18% |
| Mar 31, 2021 | -34.97% |
API Access
Xerox Holdings Operating Margin 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-margin&ticker=XRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=XRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();