Company profile
Ticker
RXO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NAT Holdings, LLC, RXO, LLC
SEC CIK
Corporate docs
Subsidiaries
RXO Corporate Solutions, LLC • RXO Capacity Solutions, LLC • RXO Express, LLC • RXO Air Transport, LLC • RXO Managed Transport, LLC • RXO Freight Forwarding, Inc. • RXO Last Mile Holding, Inc. • RXO Last Mile, Inc. ...
IRS number
882183384
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Results of Operations and Financial Condition
2 May 24
8-K
Entry into a Material Definitive Agreement
11 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
8-K
Changes in Registrant's Certifying Accountant
2 Apr 24
10-K
2023 FY
Annual report
12 Feb 24
8-K
RXO Announces Results for Fourth-Quarter 2023, Including Double-Digit Brokerage Volume Growth for Third-Consecutive Quarter
8 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
RXO Announces Results for Third-Quarter 2023, Including 18 Percent Brokerage Volume Growth
7 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 104.00 mm | 104.00 mm | 104.00 mm | 104.00 mm | 104.00 mm | 104.00 mm |
Cash burn (monthly) | 6.67 mm | 6.92 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 49.85 mm | 51.72 mm | n/a | n/a | n/a | n/a |
Cash remaining | 54.15 mm | 52.28 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.1 | 7.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
24.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 42 |
Opened positions | 3 |
Closed positions | 210 |
Increased positions | 8 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 6.27 bn |
Total shares | 28.56 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Orbis Investment Management | 15.28 mm | $0.00 |
MFN Partners | 12.68 mm | $0.00 |
State of Alaska, Department of Revenue | 206.74 k | $4.81 mm |
New York State Teachers Retirement System | 123.07 k | $2.86 mm |
Raymond James & Associates | 91.51 k | $2.13 bn |
Mirae Asset Global Investments | 52.90 k | $1.23 bn |
Arizona State Retirement System | 32.70 k | $760.65 mm |
Raymond James Financial Services Advisors | 23.08 k | $536.91 mm |
Mutual Of America Capital Management | 20.48 k | $476.32 mm |
Sigma Investment Counselors | 13.26 k | $308.41 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 May 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 20.39 | 61 | 1.24 k | 17,310,856 |
6 May 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 20.4 | 361 | 7.36 k | 17,310,795 |
3 May 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 20.33 | 30,000 | 609.90 k | 17,310,434 |
2 May 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 20.07 | 105,065 | 2.11 mm | 17,280,434 |
2 May 24 | Andrew M. Wilkerson | Common Stock | Payment of exercise | Dispose F | No | No | 20.12 | 20,422 | 410.89 k | 140,946 |
2 May 24 | Andrew M. Wilkerson | Common Stock | Option exercise | Acquire M | No | No | 0 | 46,466 | 0.00 | 161,368 |
2 May 24 | Andrew M. Wilkerson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 46,466 | 0.00 | 604,070 |
25 Apr 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 19.79 | 100,000 | 1.98 mm | 17,175,369 |
24 Apr 24 | MFN Partners | Common Stock | Buy | Acquire P | No | No | 19.44 | 100,000 | 1.94 mm | 17,075,369 |
News
Check Call: Q1 Earnings Did Most Carriers No Favors
13 May 24
Stephens & Co. Reiterates Equal-Weight on RXO, Maintains $22 Price Target
6 May 24
RXO Q1 Adj $(0.03) Beats $(0.04) Estimate, Sales $913.00M Miss $929.48M Estimate
2 May 24
Over $3M Bet On Steel Connect? Check Out These 4 Stocks Insiders Are Buying
29 Apr 24
Around $2M Bet On This Industrial Stock? Check Out These 3 Stocks Insiders Are Buying
25 Apr 24
Press releases
RXO Announces First-Quarter Results, Including Double-Digit Brokerage Volume Growth for Fourth-Consecutive Quarter
2 May 24
RXO Announces Participation at Oppenheimer 19th Annual Industrial Growth Conference
1 May 24
RXO Expands Responsible Care® Certification
8 Apr 24
RXO Leader Named to "Top Women to Watch in Transportation" List
11 Mar 24
Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award
8 Mar 24