RXO, Inc. (RXO) Stock

RXO, Inc. (RXO) is a Industrials stock trading at $22.52 (as of 2026-08-21), with a market capitalization of $3.71B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

RXO is a truckload freight transportation brokerage in the United States. Through a digital freight marketplace, it connects shippers with truckload capacity and provides related brokered services such as managed transportation, last mile, and freight forwarding.

Understand RXO, Inc.: how it makes money

RXO provides truckload freight transportation brokerage in the United States, using a proprietary digital freight marketplace to connect shippers with truck capacity and to arrange complementary brokered services such as managed transportation and last mile.

RXO makes money by routing truckload freight through its digital marketplace and converting those matches into brokerage plus complementary service revenue.

Revenue by segment (latest quarter)
Brokerage$1.1B
Last mile$0.3B
Managed transport$0.1B

Business quality (Weak): The model combines marketplace brokerage with complementary services, but the latest reported operating margin is negative (operating_margin_pct is -2.0), so profitability visibility is a key question for investors.

Bull case

  • End-to-end offerings around the marketplace: RXO pairs truckload brokerage access to capacity with complementary brokered services, including managed transportation and last mile, which can broaden where it captures value.
  • Marketplace-led access to capacity: Its proprietary digital freight marketplace is positioned to connect shippers with truck capacity as well as to support additional brokered services.

Bear case

  • Profitability pressure in the latest quarter: Operating margin for the period ended 2026-03-31 is -2.0, indicating losses at the operating level.
  • Dependence on brokerage mix versus complementary services: The provided revenue breakdown shows major contribution from brokerage, while complementary services are smaller categories, which can make overall results sensitive to changes in the brokerage business.
Valuation — source: SEC EDGAR (first-party)
Price$22.52
Market Cap$3.71B
EV / EBITDA112.4
Price / Book2.46
Price / Sales0.65
FCF Yield-0.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.74B
Net Margin-1.7%
Revenue Growth (YoY)-0.6%
EPS Growth (YoY)16.7%
FCF Growth (YoY)41.2%
Financial Health — source: SEC EDGAR
Altman Z-Score2.89 (grey)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Transportation)16.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFinepoint Capital LP ($147.28B)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryTransportation
CEODrew Wilkerson
Employees7,540
CountryUS
IPO Date2022-10-27

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RXO earnings history · RXO institutional & insider holders · RXO KPIs & operating metrics · RXO financials · RXO investor presentations & press releases · RXO SEC filings · RXO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.