XPO, Inc. Posts Strong 2024 Financial Performance

Xpo, Inc. ( (XPO) ) has released its Q4 earnings. Here is a breakdown of the information Xpo, Inc. presented to its investors.

XPO, Inc. is a leading player in the North American less-than-truckload (LTL) freight transportation industry, known for its customer-focused approach and significant use of proprietary technology to serve its clientele across North America and Europe. The company’s latest earnings report highlights a strong financial performance in both the fourth quarter and the full year of 2024, with notable increases in earnings per share and EBITDA, despite a slight decline in overall revenue.

XPO reported a year-over-year increase in diluted earnings from continuing operations per share, rising from $0.49 to $0.63 in the fourth quarter of 2024. For the full year, these earnings nearly doubled, showcasing the company’s ability to capitalize on operational efficiencies and strategic investments. The North American LTL segment, while experiencing a small decline in revenue due to lower fuel surcharge income, still managed to post a significant increase in operating income.

Key financial metrics include a 20.1% increase in operating income for the North American LTL segment during the fourth quarter, despite a 2.6% decline in revenue. Adjusted EBITDA for the company rose by 14.8% in the fourth quarter, driven by strategic real estate gains and enhanced operational efficiencies. However, the European Transportation segment faced challenges, reporting a greater operating loss compared to the previous year.

XPO has entered 2025 with strong momentum, bolstered by strategic network investments and enhanced operational efficiencies. The company’s management remains optimistic about maintaining this growth trajectory, leveraging its technological advancements and operational improvements to sustain margin expansion amid a recovering freight market.