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XPO (XPO) Cyclically Adjusted FCF per Share : $1.84 (As of Dec. 2023)


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What is XPO Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

XPO's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-6.686. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.84 for the trailing ten years ended in Dec. 2023.

During the past 12 months, XPO's average Cyclically Adjusted FCF Growth Rate was -5.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of XPO was 82.70% per year. The lowest was -12.80% per year. And the median was 33.80% per year.

As of today (2024-04-27), XPO's current stock price is $110.90. XPO's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.84. XPO's Cyclically Adjusted Price-to-FCF of today is 60.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of XPO was 106.41. The lowest was 14.14. And the median was 37.75.


XPO Cyclically Adjusted FCF per Share Historical Data

The historical data trend for XPO's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

XPO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.95 1.34 1.95 1.84

XPO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 2.06 - 2.49 1.84

Competitive Comparison of XPO's Cyclically Adjusted FCF per Share

For the Trucking subindustry, XPO's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XPO's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XPO's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where XPO's Cyclically Adjusted Price-to-FCF falls into.



XPO Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, XPO's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-6.686/129.4194*129.4194
=-6.686

Current CPI (Dec. 2023) = 129.4194.

XPO Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.305 99.695 -0.396
201406 -0.454 100.560 -0.584
201409 0.029 100.428 0.037
201412 -0.470 99.070 -0.614
201503 0.456 99.621 0.592
201506 -1.198 100.684 -1.540
201509 -0.100 100.392 -0.129
201512 -0.761 99.792 -0.987
201603 -0.984 100.470 -1.268
201606 1.238 101.688 1.576
201609 0.346 101.861 0.440
201612 0.394 101.863 0.501
201703 -0.859 102.862 -1.081
201706 0.568 103.349 0.711
201709 1.277 104.136 1.587
201712 1.135 104.011 1.412
201803 -1.211 105.290 -1.489
201806 1.052 106.317 1.281
201809 1.044 106.507 1.269
201812 3.170 105.998 3.870
201903 -1.829 107.251 -2.207
201906 1.392 108.070 1.667
201909 0.990 108.329 1.183
201912 3.718 108.420 4.438
202003 0.398 108.902 0.473
202006 1.077 108.767 1.281
202009 3.245 109.815 3.824
202012 1.747 109.897 2.057
202103 0.884 111.754 1.024
202106 2.699 114.631 3.047
202109 0.086 115.734 0.096
202112 0.330 117.630 0.363
202203 0.672 121.301 0.717
202206 0.655 125.017 0.678
202209 1.302 125.227 1.346
202212 0.052 125.222 0.054
202303 -1.345 127.348 -1.367
202306 0.000 128.729 0.000
202309 0.790 129.860 0.787
202312 -6.686 129.419 -6.686

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


XPO  (NYSE:XPO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

XPO's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=110.90/1.84
=60.27

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of XPO was 106.41. The lowest was 14.14. And the median was 37.75.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


XPO Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of XPO's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


XPO (XPO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (NYSE:XPO) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Five American Lane, Greenwich, CT, USA, 06831
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