Stocks · Industrials · Trucking
RXO, Inc. RXO
$23.38 +9.46% Close, Oct 2, 2026 · NYSE · Market cap $3.86B
Strong trendHigh risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 23.0× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $6.09B, up 9.5% from a year earlier, slowing from 13.1% a quarter earlier.
- Over the past year the stock returned +52.8%, ahead of the S&P 500 by 37.7 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 44%
- Revenue growth, 3-year CAGRTop 43%
- Revenue growth accelerationBottom 13%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 23%
- Gross marginTop 22%
- Operating marginBottom 22%
- Accruals (lower is better)Bottom 43%
- Net debt / EBITDA (lower is better)Bottom 2%
- Interest coverBottom 20%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 26%
- Free-cash-flow yieldBottom 26%
- EBITDA / enterprise valueBottom 20%
- Sales / enterprise valueTop 13%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 31%
- 6-month returnTop 9%
- 1-year return vs S&P 500Top 18%
- Distance from 52-week highTop 43%
- Trend checklist (0–4)Top 10%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 21%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 8%
- Upside to consensus price targetBottom 17%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 31%
- Maximum drawdown, 3 yearsBottom 26%
- Beta vs S&P 500 (lower is better)Bottom 11%
- Net debt / EBITDA (lower is better)Bottom 2%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.1% | 9.5% | ↓ |
| Gross margin | 16.2% | 41.6% | ↑ |
| Operating margin | -1.2% | -0.6% | ↑ |
| FCF margin | -0.8% | -0.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.5% | 13.1% | ↓ | Top 44% |
| Gross margin | 41.6% | 16.2% | ↑ | Top 22% |
| Operating margin | -0.6% | -1.2% | ↑ | Bottom 22% |
| Net margin | -1.7% | -5.5% | ↑ | — |
| Free-cash-flow margin | -0.3% | -0.8% | ↑ | — |
| Return on invested capital | -1.3% | — | Bottom 23% | |
| Revenue growth, 3-year CAGR | 6.2% | — | Top 43% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +26.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 22.99×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -1.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.08%
- Shareholder yield
- 0.08%
- Share count change, 1 year
- +0.7%
- Share count change, 3-year CAGR
- +12.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -18.6%
- Average 2-day reaction, last 8
- -5.2%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $25.73
- Target vs current price
- +10.1%
- Analysts with a rating
- 21
- Share rating Buy or Strong Buy
- 24%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +67.2% | -3.6% | +8.1% | -5.8% | — |
| May 7, 2026 | +0.0% | +17.8% | +1.0% | +40.8% | +5.7% |
| Feb 6, 2026 | -75.0% | +1.9% | -21.7% | -17.1% | +6.8% |
| Nov 6, 2025 | -66.7% | -23.1% | -29.9% | -19.2% | -9.5% |
| Aug 7, 2025 | +100.0% | -4.3% | +0.7% | +6.0% | +11.9% |
| May 7, 2025 | -50.0% | -5.6% | +20.8% | +16.4% | +9.0% |
| Feb 5, 2025 | +0.0% | -14.9% | -17.3% | -19.1% | -44.3% |
| Nov 7, 2024 | +16.3% | -10.0% | -12.7% | -11.1% | -32.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.06 | $0.04 | +67.2% | $1.77B |
| May 7, 2026 | -$0.09 | -$0.09 | +0.0% | $1.43B |
| Feb 6, 2026 | -$0.07 | -$0.04 | -75.0% | $1.47B |
| Nov 6, 2025 | $0.01 | $0.03 | -66.7% | $1.42B |
| Aug 7, 2025 | $0.04 | $0.02 | +100.0% | $1.42B |
| May 7, 2025 | -$0.03 | -$0.02 | -50.0% | $1.43B |
| Feb 5, 2025 | $0.06 | $0.06 | +0.0% | $1.67B |
| Nov 7, 2024 | $0.05 | $0.04 | +16.3% | $1.04B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 179.1× | — | — | — |
| EV / EBITDA | 147.3× | — | — | Bottom 20% |
| EV / Sales | 0.75× | — | — | Top 13% |
| Free-cash-flow yield | -0.47% | — | — | Bottom 26% |
| Earnings yield | -2.62% | — | — | Bottom 26% |
P/E over the past five years
Range 15.3× – 195.1× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 12
- 50-day average slope (20 days)
- -12.2%
- 200-day average slope (20 days)
- +3.7%
- Distance from 50-day average
- +10.3%
- Distance from 200-day average
- +19.5%
- RSI (14)
- 68.1
- Relative volume
- 2.03×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 58.3%
- Volatility vs own 5-year history
- 70th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.06
- Correlation with S&P 500
- 0.45
- Current drawdown from 1-year high
- -20.2%
- Maximum drawdown, 3 years
- -67.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 6, 2024 | Nov 20, 2025 | -67.2% | 260 days | Not yet recovered |
| Jun 29, 2023 | Nov 1, 2023 | -26.6% | 87 days | 31 days (Dec 15, 2023) |
| Oct 28, 2022 | Nov 4, 2022 | -25.7% | 5 days | 64 days (Feb 8, 2023) |
| Dec 26, 2023 | Apr 30, 2024 | -21.6% | 86 days | 37 days (Jun 24, 2024) |
| Feb 8, 2023 | Apr 26, 2023 | -21.1% | 53 days | 26 days (Jun 2, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.86B
- EPS, diluted (TTM)
- -$0.61
- Revenue (TTM)
- $6.09B
- 52-week range
- $10.43 – $29.90
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.69B | $4.80B | $3.93B | $4.55B | $5.74B |
| Gross profit | $735.0M | $860.0M | $725.0M | $783.0M | $1.01B |
| Operating income | $192.0M | $123.0M | $39.0M | -$56.0M | -$7.0M |
| Net income | $150.0M | $92.0M | $4.0M | -$290.0M | -$100.0M |
| EPS (diluted) | $1.30 | $0.79 | $0.03 | -$2.17 | -$0.59 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.67B | $1.43B | $1.42B | $1.42B | $1.47B | $1.43B | $1.77B |
| Net income | -$243.0M | -$25.0M | -$31.0M | -$9.0M | -$14.0M | -$46.0M | -$36.0M | -$9.0M |
| EPS (diluted) | -$1.81 | -$0.15 | -$0.18 | -$0.05 | -$0.08 | -$0.27 | -$0.21 | -$0.05 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $155.0M | $310.0M | $89.0M | -$12.0M | $51.0M |
| Capital expenditure | -$39.0M | -$57.0M | -$64.0M | -$45.0M | -$59.0M |
| Free cash flow | $116.0M | $253.0M | $25.0M | -$57.0M | -$8.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | -$3.0M | -$2.0M | $1.13B | -$1.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $15.0M
- Total assets
- $3.46B
- Total liabilities
- $1.95B
- Total debt
- $728.0M
- Net debt
- $713.0M
- Shareholders’ equity
- $1.51B
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 14,806,200
- Days to cover
- 9.12
- Change vs previous report
- +0.9%
FINRA short interest, settlement date Sep 15, 2026.