XPO Logistics (XPO) Financials

XPO Logistics Inc (XPO) is a global provider of transportation and logistics services. The company operates in two segments: transportation and logistics. The transportation segment offers freight brokerage services, which involve arranging the movement of freight for customers through a network of independent contractors and other transportation providers. It also provides expedited transportation services, such as time-definite transportation services and last mile delivery services. The logistics segment offers a range of contract logistics services, including warehousing and distribution, order fulfillment, and inventory management. XPO serves a diverse customer base, including retail, e-commerce, manufacturing, and healthcare. The company generates its revenue through a combination of transportation and logistics services.

Looking at XPO Logistics Inc's income statement, the company has been performing well in recent years. In 2020, the company reported total revenue of $16.67 billion, a decrease from $17.02 billion in the previous year. However, XPO's gross profit increased from $4.26 billion in 2019 to $4.43 billion in 2020. The company's net income from stockholders was $256 million in 2020, compared to $444 million in 2019. The decrease in net income can be attributed to various factors, including increased operating expenses and the impact of the COVID-19 pandemic. XPO's EBIT and EBITDA for 2020 were $1.11 billion and $2.26 billion, respectively.

Turning to XPO Logistics Inc's balance sheet, the company has a solid financial position. As of December 31, 2020, XPO had total assets of $20.78 billion and total liabilities of $15.48 billion. The company's stockholders' equity stood at $5.30 billion. XPO also has a manageable level of total debt, which was $6.98 billion at the end of 2020. XPO's cash equivalents amounted to $447 million. The company has been generating positive cash flow from its operations, with operating cash flow of $1.74 billion in 2020. XPO also has a positive free cash flow, which was $697 million in the same year. The company's investing cash flow and financing cash flow for 2020 were -$1.17 billion and -$655 million, respectively.