XPO (XPO) Interest Expense : $-168 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is XPO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XPO's interest expense for the three months ended in Dec. 2023 was $ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-168 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. XPO's Operating Income for the three months ended in Dec. 2023 was $ 146 Mil. XPO's Interest Expense for the three months ended in Dec. 2023 was $ -42 Mil. XPO's Interest Coverage for the quarter that ended in Dec. 2023 was 3.48. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

XPO Interest Expense Historical Data

The historical data trend for XPO's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

XPO Interest Expense Chart

XPO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-268.00

-308.00

-211.00

-135.00

-168.00

XPO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-32.00	-42.00	-43.00	-41.00	-42.00

XPO Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-168 Mil.

XPO (NYSE:XPO) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

XPO's Interest Expense for the three months ended in Dec. 2023 was $-42 Mil. Its Operating Income for the three months ended in Dec. 2023 was $146 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,923 Mil.

XPO's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	146	/	-42
	=	3.48

The higher the ratio, the stronger the company's financial strength is.

XPO (XPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (NYSE:XPO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XPO:Mexico UX2A:Germany

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.xpo.com

Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.

Executives

Mario A Harik	officer: Chief Information Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates	officer: Chief Operating Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity	officer: Chief Legal Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire	director	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley	director, officer: Chief Executive Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116