XPO Logistics, Inc. (XPO) Stock

XPO Logistics, Inc. (XPO) is a Industrials stock trading at $211.01 (as of 2026-08-14), with a market capitalization of $24.77B and a trailing P/E of 61.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

XPO Logistics, Inc. provides freight transportation services in the United States, other parts of North America, Europe (including France and the United Kingdom), and internationally. It operates in the North American less-than-truckload and Brokerage and Other Services segments, serving customers with regional and cross-border LTL logistics plus last-mile and other brokered freight-related services.

Understand XPO Logistics, Inc.: how it makes money

XPO Logistics provides less-than-truckload freight transportation, and brokerage and other logistics services, earning revenue by moving freight on regional, inter-regional, and transcontinental routes and through brokerage-style transportation services.

The profit engine is the two-way revenue model of North American LTL (built around route density and day-definite service) plus Brokerage and Other Services, so performance depends on sustaining freight transportation revenue across those service types.

Revenue by segment (latest quarter)
North Am LTL	$1.2B
Brokerage & Other	$0.9B

Business quality (Mixed): The company operates in two official reportable segments (North American LTL and Brokerage and Other Services), but the provided facts do not directly show a segment revenue figure for Brokerage and Other Services, which reduces transparency into how profitability is generated.

Valuation: At 75× earnings, XPO trades 323% above the Transportation average (18×). Note: one-time items can distort reported P/E.

Bull case

North American LTL service offering: The North American LTL segment provides less-than-truckload services, including regional, inter-regional, and transcontinental freight services, plus cross-border U.S. service to and from Mexico and Canada, and intra-Canada service.
Two-segment structure: XPO’s results are organized into North American LTL and Brokerage and Other Services, which can diversify where transportation revenue comes from within the overall business.

Bear case

Limited segment attribution from the provided facts: The provided information gives a consolidated operating margin (8.3%), but does not provide segment-level operating metrics, making it harder to assess which segment is driving profitability.
Segment revenue detail gap for Brokerage and Other Services: In the provided facts, Brokerage and Other Services revenue is not directly reported as a clean segment value, which limits precision when mapping total revenue to each reportable segment.

Valuation — source: SEC EDGAR (first-party)
Price	$211.01
Market Cap	$24.77B
P/E Ratio	61.3
EV / EBITDA	21.5
Price / Book	12.63
Price / Sales	2.89
FCF Yield	2.1%
DCF Value (model)	$13.68
DCF Upside vs Price	-93.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$8.16B
Net Margin	3.9%
Revenue Growth (YoY)	13.2%
EPS Growth (YoY)	53.3%
FCF Growth (YoY)	254.9%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.76 (safe)

Valuation vs Sector & Industry
Stock P/E	61.3
Sector P/E (Industrials)	27.7
Industry P/E (Transportation)	17.2
vs Sector	121.4%
vs Industry	256.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($2.37B)
Institutional Holders Tracked	10
Congressional Trades (recent)	3

Company
Sector	Industrials
Industry	Transportation
CEO	Mario A. Harik
Employees	38,000
Country	US
IPO Date	2003-10-07

Related Companies (Business model: Freight Logistics (Parcel, LTL, Truckload, Intermodal, Forwarding); 8 closest by market cap; US-domiciled)

Data as of 2026-08-14.

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