6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.3% per year over the past 5 years.
Operating margin has contracted, at -1.4% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.1 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$5.7B
-$100M
0.0%
-1.4%
-$8M
—
$17M
2024
$4.5B
-$290M
0.0%
-1.2%
-$57M
—
$35M
2023
$3.9B
$4M
0.0%
1.0%
$25M
—
$5M
2022
$4.8B
$92M
0.0%
2.6%
$253M
—
$98M
2021
$4.7B
$150M
0.0%
4.1%
$116M
—
$29M
2020
$3.4B
$43M
0.0%
1.8%
-$22M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.4B
-$36M
0.0%
-2.0%
-$24M
—
$21M
Dec '25
$1.5B
-$46M
0.0%
-2.9%
-$9M
—
$17M
Sep '25
$1.4B
-$14M
0.0%
-0.5%
$9M
—
$25M
Jun '25
$1.4B
-$9M
0.0%
0.0%
$9M
—
$18M
Mar '25
$1.4B
-$31M
0.0%
-2.1%
-$17M
—
$16M
Dec '24
$1.7B
-$25M
0.0%
-1.4%
-$19M
—
$35M
Sep '24
$1.0B
-$243M
0.0%
-1.9%
-$18M
—
$55M
Jun '24
$930M
-$7M
0.0%
0.0%
-$16M
—
$7M
Mar '24
$913M
-$15M
0.0%
-1.3%
-$4M
—
$7M
Dec '23
$978M
$2M
0.0%
1.4%
$1M
—
$5M
Sep '23
$976M
-$1M
0.0%
0.6%
-$14M
—
$104M
Jun '23
$963M
$3M
0.0%
1.5%
$8M
—
$124M
Mar '23
$1.0B
$0
0.0%
0.5%
$30M
—
$121M
Dec '22
$1.1B
-$4M
0.0%
-0.1%
$58M
—
$98M
Sep '22
$1.1B
$13M
0.0%
1.3%
$42M
—
$187M
Jun '22
$1.2B
$44M
0.0%
4.7%
$62M
—
—
Mar '22
$1.3B
$39M
0.0%
3.9%
$91M
—
—
Dec '21
$1.3B
$42M
0.0%
4.1%
$27M
—
$29M
Sep '21
$1.2B
$33M
0.0%
3.2%
—
—
—
Valuation over time
How the market has priced RXO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 35.2× (Mar '23) to 1244.5× (Nov '24).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 0.8× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is RXO growing its revenue and profit?
Over the past 5 years, Rxo, Inc.'s revenue has grown 11.3% per year. These are computed facts, not advice.
How much debt does RXO have?
As of FY2025, Rxo, Inc. reported — of total debt against $17M of cash.
What is RXO's profit margin?
In FY2025, gross margin was —, operating margin -1.4%, and net margin -1.7%.
What is RXO's P/E ratio?
As of Jun '26, Rxo, Inc. traded at a price-to-earnings ratio of about 1244.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.