XPO Free Cash Flow vs Capital Expenditures Analysis

XPO Stock  USD 135.25  10.26  7.05%   
XPO Logistics financial indicator trend analysis is more than just analyzing XPO Logistics current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XPO Logistics is a good investment. Please check the relationship between XPO Logistics Free Cash Flow and its Capital Expenditures accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XPO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in XPO Stock, please use our How to Invest in XPO Logistics guide.

Free Cash Flow vs Capital Expenditures

JavaScript chart by amCharts 3.21.15201420162018202020222024-900M-800M-700M-600M-500M-400M-300M-200M-100M0100M200M300M400M500M600M 100M200M300M400M500M600M700M800M900M1B1.1B1.2B1.3B1.4B1.5B1.6B1.7B
JavaScript chart by amCharts 3.21.15Free Cash Flowtotal: 294.4MCapital Expenditurestotal: 6.9B

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XPO Logistics Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
Free Cash FlowCapital ExpendituresDiversified AwayFree Cash FlowCapital ExpendituresDiversified Away100%
The correlation between XPO Logistics' Free Cash Flow and Capital Expenditures is -0.59. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of XPO Logistics, assuming nothing else is changed. The correlation between historical values of XPO Logistics' Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of XPO Logistics are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., XPO Logistics' Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by XPO Logistics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of XPO Logistics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from XPO Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XPO Logistics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XPO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in XPO Stock, please use our How to Invest in XPO Logistics guide.At this time, XPO Logistics' Discontinued Operations is very stable compared to the past year. As of the 21st of December 2024, Enterprise Value is likely to grow to about 7.2 B, while Selling General Administrative is likely to drop about 158.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue12.8B7.7B7.7B5.7B
Depreciation And Amortization385M392M432M238.4M

XPO Logistics fundamental ratios Correlations

0.960.690.970.90.840.960.420.940.571.00.940.570.920.780.990.970.660.460.680.730.660.820.560.00.83
0.960.710.960.760.90.990.560.820.650.960.90.650.790.710.990.930.790.510.750.680.740.640.61-0.160.81
0.690.710.780.490.570.670.260.510.670.650.590.670.460.520.730.760.670.320.380.510.840.460.35-0.310.6
0.970.960.780.830.830.940.530.860.690.950.910.690.830.720.980.990.780.40.740.660.790.720.51-0.110.78
0.90.760.490.830.620.760.240.960.440.890.840.440.970.730.830.880.430.30.50.680.410.960.350.290.67
0.840.90.570.830.620.90.610.710.530.850.820.530.670.80.870.780.70.670.680.790.610.50.86-0.370.91
0.960.990.670.940.760.90.510.850.530.970.910.530.820.730.990.90.70.510.720.690.690.660.65-0.130.84
0.420.560.260.530.240.610.510.260.580.40.370.580.220.230.470.480.790.050.680.210.54-0.020.37-0.330.31
0.940.820.510.860.960.710.850.260.330.950.910.331.00.80.890.880.410.350.510.70.420.930.50.20.79
0.570.650.670.690.440.530.530.580.330.510.431.00.30.280.60.710.910.310.590.410.720.30.15-0.270.33
1.00.960.650.950.890.850.970.40.950.510.940.510.930.790.990.940.620.470.650.730.610.820.590.010.84
0.940.90.590.910.840.820.910.370.910.430.940.430.890.860.940.90.530.530.720.760.630.780.67-0.110.88
0.570.650.670.690.440.530.530.580.331.00.510.430.30.280.60.710.910.310.590.410.720.30.15-0.270.33
0.920.790.460.830.970.670.820.221.00.30.930.890.30.770.860.850.370.320.490.670.370.940.450.260.75
0.780.710.520.720.730.80.730.230.80.280.790.860.280.770.760.730.340.670.430.920.440.730.83-0.210.95
0.990.990.730.980.830.870.990.470.890.60.990.940.60.860.760.960.710.50.710.710.720.740.6-0.10.84
0.970.930.760.990.880.780.90.480.880.710.940.90.710.850.730.960.740.410.730.690.770.780.46-0.040.75
0.660.790.670.780.430.70.70.790.410.910.620.530.910.370.340.710.740.270.70.380.770.230.33-0.350.46
0.460.510.320.40.30.670.510.050.350.310.470.530.310.320.670.50.410.270.40.820.340.340.76-0.430.71
0.680.750.380.740.50.680.720.680.510.590.650.720.590.490.430.710.730.70.40.410.750.320.42-0.230.51
0.730.680.510.660.680.790.690.210.70.410.730.760.410.670.920.710.690.380.820.410.430.690.8-0.240.88
0.660.740.840.790.410.610.690.540.420.720.610.630.720.370.440.720.770.770.340.750.430.280.37-0.410.53
0.820.640.460.720.960.50.66-0.020.930.30.820.780.30.940.730.740.780.230.340.320.690.280.310.340.65
0.560.610.350.510.350.860.650.370.50.150.590.670.150.450.830.60.460.330.760.420.80.370.31-0.50.9
0.0-0.16-0.31-0.110.29-0.37-0.13-0.330.2-0.270.01-0.11-0.270.26-0.21-0.1-0.04-0.35-0.43-0.23-0.24-0.410.34-0.5-0.33
0.830.810.60.780.670.910.840.310.790.330.840.880.330.750.950.840.750.460.710.510.880.530.650.9-0.33
Click cells to compare fundamentals

XPO Logistics Account Relationship Matchups

XPO Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1B16.2B8.7B6.3B7.5B5.1B
Short Long Term Debt Total7.5B9.0B4.5B3.2B4.1B2.3B
Other Current Liab135M2.6B1.8B631M663M502.5M
Total Current Liabilities3.3B5.2B2.5B1.5B1.6B1.3B
Total Stockholder Equity2.7B2.7B1.1B1.0B1.3B1.2B
Property Plant And Equipment Net4.9B4.9B2.7B2.6B3.8B4.0B
Net Debt7.1B6.9B4.2B2.8B3.7B2.0B
Retained Earnings786M868M43M(4M)185M194.3M
Accounts Payable1.2B854M519M521M532M409.8M
Cash377M2.1B260M460M412M292.9M
Non Current Assets Total10.8B10.8B6.0B4.6B5.9B3.7B
Non Currrent Assets Other295M287M255M209M196M117.7M
Cash And Short Term Investments377M2.1B260M460M412M292.9M
Net Receivables2.5B1.7B908M954M973M850.6M
Common Stock Shares Outstanding106M92M114M116M118M123.9M
Liabilities And Stockholders Equity14.1B16.2B8.7B6.3B7.5B5.1B
Total Liab11.2B13.3B7.6B5.3B6.2B3.8B
Total Current Assets3.3B5.4B2.7B1.6B1.6B1.4B
Short Term Debt552M1.5B169M273M311M169.9M
Common Stock0.092K102K115K132.3K138.9K
Current Deferred Revenue1.4B1.8B1.1B281M323.2M341.9M
Other Current Assets465M2.0B1.6B216M208M313.5M
Other Stockholder Equity2.1B2.0B1.2B1.2B1.3B1.2B
Property Plant And Equipment Gross4.9B2.7B4.5B4.2B5.6B5.9B
Property Plant Equipment2.7B2.7B2.7B2.6B2.9B3.1B
Other Assets295M287M255M209M240.4M125.0M
Long Term Debt5.2B5.4B3.5B2.5B3.3B2.0B
Good Will4.5B4.6B2.5B1.5B1.5B1.8B
Non Current Liabilities Total8.0B8.2B5.0B3.8B4.6B2.8B
Intangible Assets1.1B974M580M407M422M533.2M
Other Liab998M1.0B765M671M771.7M484.7M
Accumulated Other Comprehensive Income(145M)(158M)(84M)(222M)(217M)(206.2M)
Net Tangible Assets(2.8B)(2.9B)(1.9B)(867M)(780.3M)(819.3M)
Noncontrolling Interest In Consolidated Entity405.6M395M153M140M161M157.4M
Retained Earnings Total Equity786M868M43M(4M)(4.6M)(4.4M)
Long Term Debt Total5.2B5.4B3.5B2.5B2.8B3.3B

Pair Trading with XPO Logistics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if XPO Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in XPO Logistics will appreciate offsetting losses from the drop in the long position's value.

Moving together with XPO Stock

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  0.8WERN Werner EnterprisesPairCorr
  0.84AAL American Airlines Fiscal Year End 23rd of January 2025 PairCorr

Moving against XPO Stock

  0.79CP Canadian Pacific RailwayPairCorr
  0.72CNI Canadian National Railway Fiscal Year End 28th of January 2025 PairCorr
  0.65FLYX flyExclusive,PairCorr
  0.56YGMZ Mingzhu LogisticsPairCorr
The ability to find closely correlated positions to XPO Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XPO Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back XPO Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling XPO Logistics to buy it.
The correlation of XPO Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as XPO Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XPO Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for XPO Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether XPO Logistics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XPO Logistics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xpo Logistics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xpo Logistics Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XPO Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in XPO Stock, please use our How to Invest in XPO Logistics guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of XPO Logistics. If investors know XPO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about XPO Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.123
Earnings Share
2.87
Revenue Per Share
69.741
Quarterly Revenue Growth
0.037
Return On Assets
0.0632
The market value of XPO Logistics is measured differently than its book value, which is the value of XPO that is recorded on the company's balance sheet. Investors also form their own opinion of XPO Logistics' value that differs from its market value or its book value, called intrinsic value, which is XPO Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because XPO Logistics' market value can be influenced by many factors that don't directly affect XPO Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between XPO Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if XPO Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XPO Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.