Trade receivables increased 13.3%
Trade receivables changed +13.3% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.1B→$1.3B4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →XPO financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating income increased 75.6%
Operating income changed +75.6% from the comparable as-filed period.
$164.0M→$288.0M2 prior comparisons
Operating margin moved 437 bp higher
Operating margin changed +437 basis points from the comparable as-filed period.
7.77%→12.14%2 prior comparisons
Free-cash-flow proxy increased 32.1%
Free-cash-flow proxy changed +32.1% from the comparable as-filed period.
$215.0M→$284.0M0 prior comparisons
Gross debt decreased 6.9%
Gross debt changed -6.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.4B→$3.2B4 prior comparisons
Reported total debt decreased 6.9%
Reported total debt changed -6.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.4B→$3.2B4 prior comparisons
Net income increased 120.7%
Net income changed +120.7% from the comparable as-filed period.
$82.0M→$181.0M2 prior comparisons
Operating cash flow increased 11.9%
Operating cash flow changed +11.9% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$371.0M→$415.0M2 prior comparisons
Revenue increased 12.4%
Revenue changed +12.4% from the comparable as-filed period.
$2.1B→$2.4B2 prior comparisons
Cash & equivalents decreased 22.4%
Cash & equivalents changed -22.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$335.0M→$260.0M4 prior comparisons
Capex / revenue moved 187 bp lower
Capex / revenue changed -187 basis points from the comparable as-filed period.
7.39%→5.52%2 prior comparisons
Debt / revenue moved 2795 bp lower
Debt / revenue changed -2795 basis points from the comparable as-filed period.
163.10%→135.15%2 prior comparisons
Debt / assets moved 344 bp lower
Debt / assets changed -344 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
42.04%→38.60%4 prior comparisons
Noncurrent long-term debt decreased 7.0%
Noncurrent long-term debt changed -7.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.2B→$3.0B4 prior comparisons
Net debt decreased 5.2%
Net debt changed -5.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.1B→$2.9B4 prior comparisons
Operating cash flow / net income decreased 49.3%
Operating cash flow / net income changed -49.3% from the comparable as-filed period.
4.52→2.290 prior comparisons
Capital expenditure decreased 16.0%
Capital expenditure changed -16.0% from the comparable as-filed period.
$156.0M→$131.0M2 prior comparisons
Cash / debt moved 162 bp lower
Cash / debt changed -162 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
9.73%→8.11%4 prior comparisons
Working capital changed across a sign change
Working capital changed -181.2% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. Relative percentage is de-emphasized because the comparison has a sign change.
$32.0M→-$26.0M4 prior comparisons
Shares outstanding decreased 0.7%
Shares outstanding changed -0.7% from the comparable as-filed period. The change ranks at the 62th percentile of 8 prior comparable changes.
117,384,263→116,508,8958 prior comparisons
Free-cash-flow margin moved 178 bp higher
Free-cash-flow margin changed +178 basis points from the comparable as-filed period.
10.18%→11.97%0 prior comparisons
Current liabilities increased 7.1%
Current liabilities changed +7.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.7B→$1.8B4 prior comparisons
Total assets increased 1.5%
Total assets changed +1.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$8.2B→$8.3B4 prior comparisons
Current assets increased 3.5%
Current assets changed +3.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.7B→$1.8B4 prior comparisons
Working capital / assets moved 70 bp lower
Working capital / assets changed -70 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
0.39%→-0.31%4 prior comparisons
SBC / revenue moved 8 bp lower
SBC / revenue changed -8 basis points from the comparable as-filed period.
0.71%→0.63%2 prior comparisons
Current ratio decreased 3.3%
Current ratio changed -3.3% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
1.02→0.994 prior comparisons
Receivables / revenue moved 43 bp higher
Receivables / revenue changed +43 basis points from the comparable as-filed period.
52.25%→52.68%2 prior comparisons
Operating cash-flow margin moved 9 bp lower
Operating cash-flow margin changed -9 basis points from the comparable as-filed period.
17.57%→17.49%0 prior comparisons
Stock-based compensation unchangedd 0.0%
Stock-based compensation changed +0.0% from the comparable as-filed period.
$15.0M→$15.0M2 prior comparisons
Free-cash-flow proxy increased 254.9%
Free-cash-flow proxy changed +254.9% from the comparable as-filed period.
$51.0M→$181.0M1 prior comparisons
Noncurrent long-term debt decreased 8.9%
Noncurrent long-term debt changed -8.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.3B→$3.0B4 prior comparisons
Net debt decreased 8.8%
Net debt changed -8.8% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.3B→$3.0B4 prior comparisons
Current liabilities increased 12.2%
Current liabilities changed +12.2% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.6B→$1.8B4 prior comparisons
Trade receivables increased 11.9%
Trade receivables changed +11.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.1B→$1.3B4 prior comparisons
Current assets increased 11.8%
Current assets changed +11.8% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.6B→$1.8B4 prior comparisons
Operating income increased 36.9%
Operating income changed +36.9% from the comparable as-filed period.
$198.0M→$271.0M2 prior comparisons
Reported total debt decreased 6.1%
Reported total debt changed -6.1% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.5B→$3.3B4 prior comparisons
Gross debt decreased 6.1%
Gross debt changed -6.1% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.5B→$3.3B4 prior comparisons
Debt / assets moved 362 bp lower
Debt / assets changed -362 basis points from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
43.12%→39.51%4 prior comparisons
Capex / revenue moved 403 bp lower
Capex / revenue changed -403 basis points from the comparable as-filed period.
9.42%→5.39%2 prior comparisons
Operating cash flow increased 24.7%
Operating cash flow changed +24.7% from the comparable as-filed period.
$247.0M→$308.0M3 prior comparisons
Cash & equivalents increased 32.4%
Cash & equivalents changed +32.4% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$225.0M→$298.0M4 prior comparisons
Net income increased 52.8%
Net income changed +52.8% from the comparable as-filed period.
$106.0M→$162.0M2 prior comparisons
Operating margin moved 199 bp higher
Operating margin changed +199 basis points from the comparable as-filed period.
9.52%→11.51%2 prior comparisons
Capital expenditure decreased 35.2%
Capital expenditure changed -35.2% from the comparable as-filed period.
$196.0M→$127.0M3 prior comparisons
Revenue increased 13.2%
Revenue changed +13.2% from the comparable as-filed period.
$2.1B→$2.4B2 prior comparisons
Debt / revenue moved 2882 bp lower
Debt / revenue changed -2882 basis points from the comparable as-filed period.
168.61%→139.79%2 prior comparisons
Cash / debt moved 264 bp higher
Cash / debt changed +264 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
6.42%→9.05%4 prior comparisons
Free-cash-flow margin moved 523 bp higher
Free-cash-flow margin changed +523 basis points from the comparable as-filed period.
2.45%→7.69%0 prior comparisons
Working capital decreased 16.7%
Working capital changed -16.7% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$24.0M→$20.0M4 prior comparisons
Shares outstanding decreased 0.6%
Shares outstanding changed -0.6% from the comparable as-filed period. The change ranks at the 38th percentile of 8 prior comparable changes.
117,762,083→117,086,4658 prior comparisons
Operating cash flow / net income decreased 18.4%
Operating cash flow / net income changed -18.4% from the comparable as-filed period.
2.33→1.90 prior comparisons
Total assets increased 2.5%
Total assets changed +2.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$8.1B→$8.3B4 prior comparisons
Stock-based compensation increased 6.2%
Stock-based compensation changed +6.2% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$16.0M→$17.0M3 prior comparisons
Operating cash-flow margin moved 120 bp higher
Operating cash-flow margin changed +120 basis points from the comparable as-filed period.
11.88%→13.08%0 prior comparisons
SBC / revenue moved 5 bp lower
SBC / revenue changed -5 basis points from the comparable as-filed period.
0.77%→0.72%2 prior comparisons
Working capital / assets moved 6 bp lower
Working capital / assets changed -6 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
0.30%→0.24%4 prior comparisons
Current ratio decreased 0.4%
Current ratio changed -0.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
1.02→1.014 prior comparisons
Receivables / revenue moved 62 bp lower
Receivables / revenue changed -62 basis points from the comparable as-filed period.
54.42%→53.80%2 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.