Fourth Quarter 2025 Results February 6, 2026 Non-GAAP financial measures and forward-looking statements Non-GAAP financial measures We provide reconciliations of the non-GAAP financial measures contained in this presentation to the most directly comparable measure under GAAP, which are set forth in the financial tables attached to this presentation. The non-GAAP financial measures in this presentation include: adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA margin"); adjuste ...

RXO management in its third quarter earnings call, several weeks after the fourth quarter already had begun, said things were not going the way the brokerage would have desired. Several key numbers in RXO’s fourth quarter earnings released Friday morning backed that up. Various numbers showed just how tough the quarter was for RXO, the latest data in line with challenging results reported by standalone brokers and the brokerages within trucking companies. Those various results show what happens when the f ...

Exhibit 10.1 EXECUTION VERSION ASSET-BASED REVOLVING CREDIT AGREEMENT by and among RXO, INC. and CERTAIN SUBSIDIARIES OF RXO, INC. NAMED HEREIN as Borrowers, THE OTHER CREDIT PARTIES SIGNATORY HERETO, as Credit Parties, THE LENDERS SIGNATORY HERETO FROM TIME TO TIME, as Lenders, BANK OF AMERICA, N.A., as the Agent, BANK OF AMERICA, N.A. and CITIBANK N.A., as Joint Lead Arrangers and Joint Bookrunners BARCLAYS BANK PLC, WELLS FARGO BANK N.A., GOLDMAN SACHS BANK USA and MORGAN STANLEY SENIOR FUNDING, INC., as ...

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today reported its fourth- quarter financial results. RXO Chairman and CEO Drew Wilkerson said, "In the fourth quarter, tightening in the freight market accelerated, driven by continued reductions in truckload capacity. This impacted our buy rates and squeezed our Brokerage gross margin. While demand remained soft, we have significant sales momentum. The Brokerage late-stage pipeline for new business grew by more than 50% year-over-year, and o ...

Investors interested in stocks from the Transportation - Services sector have probably already heard of ZTO Express (Cayman) Inc. (ZTO) and RXO (RXO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revis ...

Company Overview - RXO is expected to report a year-over-year decline in earnings, with a projected loss of $0.04 per share, reflecting a change of -166.7% compared to the previous year [3] - Revenues for RXO are anticipated to be $1.48 billion, down 11.1% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate for RXO has been revised 4.76% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for RXO is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +13.86% [12] Earnings Surprise Prediction - A positive Earnings ESP reading suggests a potential earnings beat, particularly when combined with a strong Zacks Rank [10] - RXO currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12] Historical Performance - In the last reported quarter, RXO was expected to post earnings of $0.03 per share but only achieved $0.01, resulting in a surprise of -66.67% [13] - Over the past four quarters, RXO has only beaten consensus EPS estimates once [14] Industry Context - In the Zacks Transportation - Services industry, Hub Group is expected to report earnings of $0.44 per share, reflecting a year-over-year change of -8.3% [18] - Hub Group's revenue is projected to be $913.41 million, down 6.2% from the previous year [19]

Group 1 - RXO announced participation in several upcoming investor conferences, including the Stifel 2026 Transportation & Logistics Conference on February 10, the Barclays 43rd Annual Industrial Select Conference on February 18, and Citi's 2026 Global Industrial Tech and Mobility Conference on February 19 [1] - The company will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on February 6, 2026, followed by a conference call at 8 a.m. EST [1] - RXO has been recognized as a Leader in the inaugural 2025 Gartner Magic Quadrant for Fourth-Party Logistics (4PL), noted for its Ability to Execute and Completeness of Vision [1] Group 2 - RXO's latest Curve Freight Market Forecast indicates a sustained year-over-year increase in truckload rates in the third quarter, although the growth rate is decelerating [1]

Core Viewpoint - RXO Inc. is facing significant margin pressure due to tightening truck capacity and rising spot rates, leading to expected results falling below the company's target range [1]. Group 1: Margin Pressure and Financial Estimates - Bank of America Securities has adopted a cautious outlook on RXO, indicating that costs are increasing faster than demand recovery, which may prolong margin pressure [2]. - Analyst Ken Hoexter has lowered his fourth-quarter 2025 adjusted EBITDA estimate to $18 million from $25 million, which is below RXO's target of $20–$30 million [2]. - The brokerage gross margin estimate for the fourth quarter has been cut to 11.9% from 12.5%, below RXO's target of 12%–13% [6]. Group 2: Market Dynamics - Supply-side enforcement actions related to English Language Proficiency requirements and non-compliant ELDs are contributing to tighter capacity and an increase in spot rates [4]. - Dry van spot pricing, excluding fuel, has risen to $1.73 per mile from $1.65 the previous week, indicating several weeks of significant sequential gains [4]. - Tender rejection rates have improved to approximately 10%, but these levels need to be sustained for spot volumes to increase significantly [5]. Group 3: Valuation and Price Action - Hoexter values RXO at 13.5x 2027E EV/EBITDA, considering 2027 as a mid-cycle benchmark, with key factors including capacity durability and spot recovery [7]. - RXO shares were down 4.10% at $14.04 at the time of publication [7].

Group 1 - Stifel raised the price target on RXO Inc. to $16 from $15 while maintaining a Hold rating on the shares [1] - The firm anticipates that the focus for transport stocks in 2026 will be on supply rationalization and cost-driven self-help [1] - The analyst suggests a conservative positioning in high-quality names that can preserve or expand market share during a mild pullback [1]

Core Insights - RXO has been recognized as a Leader in the inaugural 2025 Gartner Magic Quadrant for Fourth-Party Logistics (4PL) [1] - The company was acknowledged for its Ability to Execute and Completeness of Vision [1] - RXO's Managed Transportation business is noted for improving supply chain efficiency for well-known global companies [1]