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Dec 31, 2024

RXO Q4 2024 Earnings Report

RXO's financial performance was announced, with revenue increasing but net income decreasing due to transaction and integration costs. The company is integrating Coyote Logistics ahead of schedule and raising cost synergy estimates.

Key Takeaways

RXO reported Q4 2024 revenue of $1.7 billion, up from $1.0 billion in Q4 2023. However, the company experienced a net loss of $20 million, compared to a net income of $2 million in the same quarter of the previous year. The net loss included $34 million in transaction, integration, restructuring, and other costs. Adjusted EBITDA was $42 million, compared to $31 million in the prior year.

RXO's revenue was $1.7 billion, compared to $1.0 billion in the fourth quarter of 2023.

The company reported a GAAP net loss of $20 million, compared to net income of $2 million in the fourth quarter of 2023.

Adjusted EBITDA was $42 million, compared to $31 million in the fourth quarter of 2023.

Brokerage volume increased by 10% sequentially from the third quarter.

Total Revenue
$1.67B
Previous year: $978M
+70.4%
EPS
$0.06
Previous year: $0.06
+0.0%
Brokerage gross margin
13.2%
Previous year: 14.8%
-10.8%
Gross Profit
$1.67M
Previous year: $176M
-99.1%
Cash and Equivalents
$35M
Previous year: $5M
+600.0%
Free Cash Flow
-$19M
Previous year: $1M
-2000.0%
Total Assets
$3.42B
Previous year: $1.83B
+87.3%

RXO

RXO

RXO Revenue by Segment

Forward Guidance

RXO expects first-quarter 2025 adjusted EBITDA to be between $20 million and $30 million. The company expects first-quarter 2025 Brokerage gross margin to be between 12% and 14%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income