RXO, Inc. (RXO) intrinsic value & 10-year financials

RXO, Inc. (RXO) has a Graham intrinsic value of $0.63 per share. At $28.60 on Oct 17, 2026, the stock trades 4440% above that value. Over the last 7 fiscal years revenue grew 11.3% a year to $5.7B, with an average return on invested capital of 4.2%.

Graham intrinsic value
$0.63
Share price (Oct 17, 2026)
$28.60
Price vs Graham value
4440% above
Market cap
$4.8B
Revenue (FY2025)
$5.7B
Revenue growth (7-yr CAGR)
11.3%
ROIC (10-yr avg)
4.2%
Free cash flow (FY2025)
-$8.0M

RXO 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $5.7B -$100.0M -$0.59 -$8.0M -1.4% -3.6%
FY2024 $4.5B -$290.0M -$2.17 -$57.0M -1.2% -3.7%
FY2023 $3.9B $4.0M $0.03 $25.0M 1.0% 4.1%
FY2022 $4.8B $92.0M $0.79 $253.0M 2.6% 9.6%
FY2021 $4.7B $150.0M $1.30 $116.0M 4.1% 14.5%
FY2020 $3.4B $43.0M $0.37 -$22.0M 1.8% —
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RXO, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

RXO, Inc. has historically struggled to out-earn its cost of capital, averaging just 4.2% ROIC.

RXO, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, RXO, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.63 per share.

RXO stock: frequently asked questions

What is the intrinsic value of RXO, Inc. (RXO) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 8.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, RXO's intrinsic value is about $0.63 per share.

Is RXO stock undervalued?

At $28.60 (close on Oct 17, 2026), RXO trades 4440% above its Graham value of $0.63. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

Does RXO, Inc. generate free cash flow?

RXO, Inc. generated -$8.0M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 3 of the last 6 reported years.

What is RXO's return on invested capital?

Average ROIC over the last 7 fiscal years was 4.2%, and average return on equity was -0.4%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RXO data come from?

From RXO, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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