RXO Total Revenue from 2010 to 2024
RXO Stock | USD 28.36 0.45 1.61% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 3.9 B | Current Value 4.4 B | Quarterly Volatility 618.7 M |
Check RXO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RXO's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 64.3 M or Interest Expense of 17.6 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0 or PTB Ratio of 2.51. RXO financial statements analysis is a perfect complement when working with RXO Valuation or Volatility modules.
RXO | Total Revenue |
Latest RXO's Total Revenue Growth Pattern
Below is the plot of the Total Revenue of RXO Inc over the last few years. Total revenue comprises all receipts RXO Inc generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. RXO's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RXO's overall financial position and show how it may be relating to other accounts over time.
Total Revenue | 10 Years Trend |
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Total Revenue |
Timeline |
RXO Total Revenue Regression Statistics
Arithmetic Mean | 3,503,946,667 | |
Geometric Mean | 3,458,939,748 | |
Coefficient Of Variation | 17.66 | |
Mean Deviation | 503,521,778 | |
Median | 3,141,000,000 | |
Standard Deviation | 618,722,382 | |
Sample Variance | 382817.4T | |
Range | 1.7B | |
R-Value | 0.74 | |
Mean Square Error | 189034.7T | |
R-Squared | 0.54 | |
Significance | 0 | |
Slope | 101,805,000 | |
Total Sum of Squares | 5359443.4T |
RXO Total Revenue History
About RXO Financial Statements
RXO investors utilize fundamental indicators, such as Total Revenue, to predict how RXO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Revenue | 3.9 B | 4.4 B |
Pair Trading with RXO
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 RXO 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 RXO will appreciate offsetting losses from the drop in the long position's value.Moving against RXO Stock
The ability to find closely correlated positions to RXO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RXO 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 RXO - 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 RXO Inc to buy it.
The correlation of RXO 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 RXO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RXO Inc 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 RXO 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.Check out the analysis of RXO Correlation against competitors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Cargo Ground Transportation 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 RXO. If investors know RXO 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 RXO 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 (0.93) | Earnings Share (2.14) | Revenue Per Share 31.776 | Quarterly Revenue Growth 0.066 | Return On Assets 0.0091 |
The market value of RXO Inc is measured differently than its book value, which is the value of RXO that is recorded on the company's balance sheet. Investors also form their own opinion of RXO's value that differs from its market value or its book value, called intrinsic value, which is RXO's 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 RXO's market value can be influenced by many factors that don't directly affect RXO's 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 RXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RXO's 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.