XPO Logistics Q4 2024 Earnings Report
Key Takeaways
XPO Logistics reported Q4 2024 revenue of $1.92 billion, with diluted EPS of $0.63 and adjusted diluted EPS of $0.89. The company's North American LTL business outperformed expectations, delivering adjusted operating income growth and improved operating ratio.
Delivered full-year increases of 27% in adjusted EBITDA and 31% in adjusted diluted EPS, compared with the prior year.
North American LTL business outperformed full-year expectations, with adjusted operating income growth of 27% and adjusted operating ratio improvement of 260 basis points.
Delivered record service levels, driving a 7.8% increase in yield, excluding fuel, and a 6.8% increase in revenue per shipment.
Continued to leverage proprietary technology to improve labor productivity, and reduced outsourced linehaul miles to the best level in company history.
XPO Logistics
XPO Logistics
Forward Guidance
The company has entered 2025 with strong momentum, following landmark network investments that strengthen their competitive position in a freight market recovery and for the long-term.