Announcement • Jun 05
XPO, Inc. Unveils Trailer Fleet XPO, Inc. has unveiled a new fleet of trailers to commemorate America’s upcoming 250th anniversary. These trailers, constructed at XPO’s manufacturing facility in Searcy, Arkansas, feature patriotic branding inspired by the American flag and will be transported across the country by XPO drivers, including military veterans and those recognized for exceptional safety records. The launch event at the Searcy facility underscores XPO’s unique position as the only freight transportation provider in the United States that builds its own trailers, having produced over 100,000 units since 1994. As one of the largest less-than-truckload (LTL) carriers in the nation, XPO moves 16 billion pounds of freight annually, serving 55,000 customers with a network of 594 locations and 37,000 employees across North America and Europe. This initiative not only celebrates the dedication and hard work of XPO’s drivers and freight professionals but also highlights the critical role the trucking industry plays in supporting the American economy, with trucks moving more than 70% of the nation’s freight by weight each year. Announcement • May 29
XPO, Inc. Announces Resignation of Wendy Cassity as Chief Legal Officer and Corporate Secretary, Effective on or About June 18, 2026 On May 20, 2026, XPO, Inc. announced that Wendy Cassity notified the company of her intention to resign as chief legal officer and corporate secretary of the company effective on or about June 18, 2026. Her resignation is for personal reasons. Buy Or Sell Opportunity • May 14
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to US$208. The fair value is estimated to be US$171, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: US$0.86 (vs US$0.59 in 1Q 2025) First quarter 2026 results: EPS: US$0.86 (up from US$0.59 in 1Q 2025). Revenue: US$2.10b (up 7.3% from 1Q 2025). Net income: US$101.0m (up 46% from 1Q 2025). Profit margin: 4.8% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 16
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to US$221. The fair value is estimated to be US$178, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Buy Or Sell Opportunity • Mar 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 63% to US$214. The fair value is estimated to be US$178, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: US$2.68 (vs US$3.34 in FY 2024) Full year 2025 results: EPS: US$2.68 (down from US$3.34 in FY 2024). Revenue: US$8.16b (up 1.1% from FY 2024). Net income: US$316.0m (down 18% from FY 2024). Profit margin: 3.9% (down from 4.8% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$171, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 10x in the Transportation industry in Europe. Total returns to shareholders of 286% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$170 per share. New Risk • Jan 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (158% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Jan 13
XPO, Inc. to Report Q4, 2025 Results on Feb 05, 2026 XPO, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 05, 2026 Announcement • Dec 15
XPO, Inc. Announces Executive Changes XPO, Inc. announced on December 15, 2025, that Brad Jacobs will step down as Executive Chairman of the Board, effective December 31, 2025. Jacobs will transition to the role of Special Advisor to the Company through June 30, 2026. Mario Harik will serve as Chairman of the Board while continuing in his role as CEO, which he has held since 2022. Harik’s increased responsibility underscores the Company’s commitment to continuity of strategy and long-term value creation for customers, employees, and shareholders. Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director J. Frye was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: US$0.69 (vs US$0.82 in 3Q 2024) Third quarter 2025 results: EPS: US$0.69 (down from US$0.82 in 3Q 2024). Revenue: US$2.11b (up 2.8% from 3Q 2024). Net income: US$82.0m (down 14% from 3Q 2024). Profit margin: 3.9% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 18
XPO, Inc. to Report Q3, 2025 Results on Oct 30, 2025 XPO, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 30, 2025 Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: US$0.90 (vs US$1.29 in 2Q 2024) Second quarter 2025 results: EPS: US$0.90 (down from US$1.29 in 2Q 2024). Revenue: US$2.08b (flat on 2Q 2024). Net income: US$106.0m (down 29% from 2Q 2024). Profit margin: 5.1% (down from 7.2% in 2Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Jun 26
XPO, Inc. to Report Q2, 2025 Results on Jul 31, 2025 XPO, Inc. announced that they will report Q2, 2025 results on Jul 31, 2025 Buy Or Sell Opportunity • May 31
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to US$114. The fair value is estimated to be US$145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 56%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$126, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 9x in the Transportation industry in Europe. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$167 per share. Reported Earnings • May 01
First quarter 2025 earnings released: EPS: US$0.59 (vs US$0.58 in 1Q 2024) First quarter 2025 results: EPS: US$0.59 (up from US$0.58 in 1Q 2024). Revenue: US$1.95b (down 3.2% from 1Q 2024). Net income: US$69.0m (up 3.0% from 1Q 2024). Profit margin: 3.5% (up from 3.3% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Apr 18
XPO, Inc. to Report Q1, 2025 Results on Apr 30, 2025 XPO, Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Apr 04
XPO, Inc., Annual General Meeting, May 15, 2025 XPO, Inc., Annual General Meeting, May 15, 2025. Location: at meetnow.global/m6dat65, United States Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$96.83, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 9x in the Transportation industry in Europe. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$164 per share. Announcement • Mar 28
XPO, Inc. (NYSE:XPO) announces an Equity Buyback for $750 million worth of its shares. XPO Logistics, Inc. (NYSE:XPO) announces a share repurchase program. Under the program, the company will repurchase up to $750 million worth of its common stock. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$121, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 10x in the Transportation industry in Europe. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$188 per share. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$3.34 (vs US$1.66 in FY 2023) Full year 2024 results: EPS: US$3.34 (up from US$1.66 in FY 2023). Revenue: US$8.07b (up 4.2% from FY 2023). Net income: US$387.0m (up 102% from FY 2023). Profit margin: 4.8% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Jan 09
XPO, Inc. to Report Q4, 2024 Results on Feb 06, 2025 XPO, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 06, 2025 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$135, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 11x in the Transportation industry in Europe. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$204 per share. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: US$0.82 (vs US$0.74 in 3Q 2023) Third quarter 2024 results: EPS: US$0.82 (up from US$0.74 in 3Q 2023). Revenue: US$2.05b (up 3.7% from 3Q 2023). Net income: US$95.0m (up 11% from 3Q 2023). Profit margin: 4.6% (up from 4.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$135, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 9x in the Transportation industry in Europe. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$155 per share. Announcement • Oct 03
XPO, Inc. to Report Q3, 2024 Results on Oct 30, 2024 XPO, Inc. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$97.19, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 8x in the Transportation industry in Europe. Total returns to shareholders of 95% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$185 per share. Announcement • Aug 16
XPO Reportedly Again Exploring Sale of European Transportation Business XPO, Inc. (NYSE:XPO) has renewed a sale of its European transportation business almost two years after it shelved a plan to sell the operation. The logistics company is working with advisers to solicit potential interest in the business, according to a Bloomberg report on August 14, 2024, which cited people familiar with the matter. The unit may see as much as $2 billion a sale. Deliberations about a possible sale are ongoing and XPO may decide to keep the business, according to the report. A potential sale comes after XPO announced in December 2022 that it ended plans to divest its European business, citing weakened capital markets in Europe. XPO (XPO) announced in March 2022 it planned to divest its European business and North American intermodal operation. XPO said it expected to divest its European business through either a sale or a listing on a European stock exchange. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$1.29 (vs US$0.27 in 2Q 2023) Second quarter 2024 results: EPS: US$1.29 (up from US$0.27 in 2Q 2023). Revenue: US$2.08b (up 8.5% from 2Q 2023). Net income: US$150.0m (up 384% from 2Q 2023). Profit margin: 7.2% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$118, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 11x in the Transportation industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$150 per share. Announcement • Jul 10
XPO, Inc. to Report Q2, 2024 Results on Aug 01, 2024 XPO, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024 Announcement • Jul 03
XPO, Inc.(NYSE:XPO) dropped from Russell 3000E Value Index XPO, Inc.(NYSE:XPO) dropped from Russell 3000E Value Index Announcement • Jun 08
XPO, Inc. Announces Resignation of Jason Aiken as Board of Directors XPO, Inc. announced on June 3, 2024, Jason Aiken notified the company of his resignation from the board of directors (the board) of the company effective as of June 6, 2024. Effective as of June 6, 2024, the board reduced the size of the board from nine to eight directors. Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$0.58 (vs US$0.15 in 1Q 2023) First quarter 2024 results: EPS: US$0.58 (up from US$0.15 in 1Q 2023). Revenue: US$2.02b (up 5.8% from 1Q 2023). Net income: US$67.0m (up 294% from 1Q 2023). Profit margin: 3.3% (up from 0.9% in 1Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 04
XPO, Inc. to Report Q1, 2024 Results on May 03, 2024 XPO, Inc. announced that they will report Q1, 2024 results Pre-Market on May 03, 2024 Announcement • Apr 03
XPO, Inc., Annual General Meeting, May 16, 2024 XPO, Inc., Annual General Meeting, May 16, 2024, at 10:00 US Eastern Standard Time. Agenda: To consider elect nine members of our Board of Directors for a term to expire at the 2025 Annual Meeting of Stockholders or until their successors are duly elected and qualified; to consider To ratify the appointment of KPMG LLP as Company independent registered public accounting firm for fiscal year 2024; To consider to conduct an advisory vote to approve the executive compensation of company named executive officers (the “NEOs”), as disclosed in the Proxy Statement; to consider to conduct an advisory vote on the frequency of future advisory votes to approve executive compensation; and to consider and transact other business as may properly come before the Annual Meeting or any adjournment or postponement thereof. Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: US$1.66 (vs US$1.60 in FY 2022) Full year 2023 results: EPS: US$1.66 (up from US$1.60 in FY 2022). Revenue: US$7.74b (flat on FY 2022). Net income: US$192.0m (up 4.3% from FY 2022). Profit margin: 2.5% (up from 2.4% in FY 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 22
XPO, Inc. (NYSE:XPO) completed the acquisition of 28 service centers from Yellow Corporation (OTCPK:YELL.Q) for approximately $870 million. XPO, Inc. (NYSE:XPO) selected as the successful bidder to acquire 28 service centers from Yellow Corporation (OTCPK:YELL.Q) for approximately $870 million on November 28, 2023. XPO, Inc. (NYSE:XPO) entered into an asset purchase agreement to acquire 28 service centers from Yellow Corporation (OTCPK:YELL.Q) on December 4, 2023. As part of the agreement, XPO will assume certain liabilities related to the 28 service centers, including liabilities under the three leases, and certain cure costs required to be paid pursuant to Chapter 11 of the U.S. Code. Concurrently, on December 4, 2023, XPO entered into a senior secured bridge term loan credit agreement with Credit Agricole Corporate and Investment Bank, to borrow up to an aggregate amount of $870 million (the “Bridge Facility”), to be borrowed on or prior to March 7, 2024. The proceeds of the Bridge Facility, together with cash on hand, will be used to finance the Yellow Asset Acquisition. XPO also intends to commence a private offering of $585 million in aggregate principal amount of senior unsecured notes due 2032 and seek commitments for $400 million in new incremental senior secured term loans maturing 2031 under its existing term loan facility. XPO intends to use the net proceeds from the Financing Transactions, together with cash on hand, to finance the Yellow Asset Acquisition and/or repay amounts outstanding under the Bridge Facility, to repay in full XPO's existing 6.250% Senior Notes due 2025, to pay fees, costs and expenses related to the Financing Transactions, the repayment of the Existing Notes and the Yellow Asset Acquisition. The transaction is subject to approval by U.S. Bankruptcy Court for the District of Delaware. The transaction is expected to close by the end of 2023. Wachtell, Lipton, Rosen & Katz is serving as legal advisor to XPO in connection with the Yellow Asset Acquisition and the Financing Transactions. As of December 12, 2023, United States Bankruptcy Court for the District of Delaware has approved the deal. Kirkland & Ellis LLP and Goodmans LLP acted as a legal advisor to XPO, Inc. (NYSE:XPO).
XPO, Inc. (NYSE:XPO) completed the acquisition of 28 service centers from Yellow Corporation (OTCPK:YELL.Q) on December 20, 2023. Reported Earnings • Oct 30
Third quarter 2023 earnings released: EPS: US$0.74 (vs US$1.14 in 3Q 2022) Third quarter 2023 results: EPS: US$0.74 (down from US$1.14 in 3Q 2022). Revenue: US$1.98b (down 35% from 3Q 2022). Net income: US$86.0m (down 34% from 3Q 2022). Profit margin: 4.3% (in line with 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Transportation industry in the United Kingdom. Announcement • Sep 30
XPO, Inc. to Report Q3, 2023 Results on Oct 30, 2023 XPO, Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Aug 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (181% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.83 in 2Q 2022) Second quarter 2023 results: EPS: US$0.27 (down from US$0.83 in 2Q 2022). Revenue: US$1.92b (down 6.4% from 2Q 2022). Net income: US$31.0m (down 68% from 2Q 2022). Profit margin: 1.6% (down from 4.7% in 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in the United Kingdom. Announcement • Jul 22
XPO, Inc. Announces Chief Financial Officer Changes XPO, Inc. announced the promotion of Kyle Wismans to the position of chief financial officer, effective August 11, 2023. Wismans currently serves as XPO’s senior vice president, revenue management and finance, after joining the company in 2019 as senior vice president, financial planning and analysis. He will succeed CFO Carl Anderson, who is stepping down to rejoin a former colleague in an industry where he worked for over a decade. Wismans has held numerous senior financial positions during his 17-year career with global public companies. Prior to XPO, he was an executive with General Electric Company and Baker Hughes for over a decade, including leadership positions as head of global financial planning and analysis for two divisions, chief financial officer for the oil and gas pressure control business, as well as senior responsibilities with the global audit staff. He holds a degree in business administration from the University of Michigan, Stephen M. Ross School of Business. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$68.19, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Transportation industry in Europe. Total returns to shareholders of 116% over the past year. Simply Wall St's valuation model estimates the intrinsic value at US$94.20 per share. Announcement • Jul 12
XPO, Inc. to Report Q2, 2023 Results on Aug 04, 2023 XPO, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.15 (vs US$4.25 in 1Q 2022) First quarter 2023 results: EPS: US$0.15 (down from US$4.25 in 1Q 2022). Revenue: US$1.91b (down 45% from 1Q 2022). Net income: US$17.0m (down 97% from 1Q 2022). Profit margin: 0.9% (down from 14% in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Transportation industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$39.95, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Transportation industry in Europe. Total returns to shareholders of 22% over the past three years. Recent Insider Transactions • Mar 15
Independent Director recently bought US$54k worth of stock On the 10th of March, J. Frye bought around 2k shares on-market at roughly US$35.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Buying Opportunity • Feb 11
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be US$46.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 50%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 24% per annum over the same time period. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: US$1.60 (vs US$2.88 in FY 2021) Full year 2022 results: EPS: US$1.60 (down from US$2.88 in FY 2021). Revenue: US$7.72b (down 40% from FY 2021). Net income: US$184.0m (down 43% from FY 2021). Profit margin: 2.4% (down from 2.5% in FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Feb 09
XPO, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2022 XPO, Inc. reported impairment charges for the fourth quarter ended December 31, 2022. For the quarter, the company reported goodwill impairment of $64 million. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$44.37, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Transportation industry in Europe. Total loss to shareholders of 22% over the past three years. Announcement • Jan 18
Xpo, Inc. Appoints Ali Faghri as Chief Strategy Officer XPO announced the appointment of Ali Faghri as chief strategy officer, effective immediately. Faghri is responsible for XPO's strategy and analysis of growth opportunities, and oversees the company's engagement with the investment community. Hereports to Mario Harik, XPO's chief executive officer. Faghri is a prominent Wall Street analyst who has specialized in the automotive sector for 12 years, covering market leaders in manufacturing, retail and mobility, such as Tesla, CarMax, AutoZone and Uber. He most recently was a managing director with Guggenheim Partners, LLC, where he led the automotive team for five years. Faghri holds a degree in engineering from Cornell University. Board Change • Jan 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Director Mario Harik was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 11
XPO, Inc. to Report Q4, 2022 Results on Feb 08, 2023 XPO, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2023 Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Director Mario Harik was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 18% share price gain to US$37.82, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Transportation industry in Europe. Total loss to shareholders of 20% over the past three years. Board Change • Nov 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO & Director Mario Harik was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 02
Now 42% undervalued after recent price drop Over the last 90 days, the stock is down 47%. The fair value is estimated to be US$55.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to decline by 9.2% per annum. Earnings is also forecast to decline by 17% per annum over the same time period. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: US$1.14 (vs US$0.18 in 3Q 2021) Third quarter 2022 results: EPS: US$1.14 (up from US$0.18 in 3Q 2021). Revenue: US$3.04b (down 7.0% from 3Q 2021). Net income: US$131.0m (up US$110.0m from 3Q 2021). Profit margin: 4.3% (up from 0.6% in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Transportation industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 15% share price gain to US$50.70, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Transportation industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$75.57 per share. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$46.06, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Transportation industry in Europe. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$70.65 per share. Buying Opportunity • Aug 18
Now 22% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be US$74.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to decline by 3.0% in 2 years. Earnings is forecast to decline by 15% in the next 2 years. Reported Earnings • Aug 05
Second quarter 2022 earnings released Second quarter 2022 results: EPS: US$1.23. Revenue: US$3.23b (flat on 2Q 2021). Net income: US$141.0m (up US$141.0m from 2Q 2021). Profit margin: 4.4% (up from null in 2Q 2021). Over the next year, revenue is expected to shrink by 1.9% compared to a 2.8% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 02
Now 22% undervalued Over the last 90 days, the stock is up 4.5%. The fair value is estimated to be US$74.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings is forecast to decline by 14% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$45.78, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Transportation industry in Europe. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$67.63 per share. Reported Earnings • May 10
First quarter 2022 earnings released: EPS: US$4.25 (vs US$1.09 in 1Q 2021) First quarter 2022 results: EPS: US$4.25 (up from US$1.09 in 1Q 2021). Revenue: US$3.47b (down 27% from 1Q 2021). Net income: US$489.0m (up 325% from 1Q 2021). Profit margin: 14% (up from 2.4% in 1Q 2021). Over the next year, revenue is forecast to grow 1.4%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$65.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Transportation industry in Europe. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$98.27 per share. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 21% share price gain to US$73.92, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Transportation industry in Europe. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$117 per share. Reported Earnings • Feb 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.88 (up from US$0.86 in FY 2020). Revenue: US$12.8b (down 21% from FY 2020). Net income: US$323.0m (up 309% from FY 2020). Profit margin: 2.5% (up from 0.5% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 3.7%, compared to a 9.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS US$0.19 (vs US$0.92 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$3.27b (down 23% from 3Q 2020). Net income: US$21.0m (down 75% from 3Q 2020). Profit margin: 0.6% (down from 2.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 10% per year. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Johnny Taylor was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 38% share price decline to US$84.36, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Transportation industry in Europe. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$128 per share. Executive Departure • Aug 04
Independent Director Marlene Colucci has left the company On the 2nd of August, Marlene Colucci's tenure as Independent Director ended after 2.5 years in the role. As of March 2021, Marlene still personally held 2.64k shares (US$327k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Executive Departure • Aug 03
Independent Director Jason Papastavrou has left the company On the 2nd of August, Jason Papastavrou's tenure as Independent Director ended after 9.9 years in the role. As of March 2021, Jason still personally held 180.21k shares (US$22m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Executive Departure • Aug 03
Independent Director Gena Ashe has left the company On the 2nd of August, Gena Ashe's tenure as Independent Director ended after 5.4 years in the role. We don't have any record of a personal shareholding under Gena's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 6.00 years. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS US$1.39 (vs US$1.34 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$5.04b (up 44% from 2Q 2020). Net income: US$156.0m (up US$278.0m from 2Q 2020). Profit margin: 3.1% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 19
Chief Accounting Officer recently sold US$1.5m worth of stock On the 16th of June, Lance Robinson sold around 10k shares on-market at roughly US$152 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$24m more than they bought in the last 12 months. Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$1.09 (vs US$0.23 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$4.77b (up 24% from 1Q 2020). Net income: US$115.0m (up 448% from 1Q 2020). Profit margin: 2.4% (up from 0.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. 
