RXO (RXO) Retained Earnings : $-9 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is RXO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RXO's retained earnings for the quarter that ended in Mar. 2024 was $-9 Mil.

RXO's quarterly retained earnings increased from Sep. 2023 ($4 Mil) to Dec. 2023 ($6 Mil) but then declined from Dec. 2023 ($6 Mil) to Mar. 2024 ($-9 Mil).

RXO's annual retained earnings increased from Dec. 2021 ($0 Mil) to Dec. 2022 ($2 Mil) and increased from Dec. 2022 ($2 Mil) to Dec. 2023 ($6 Mil).

RXO Retained Earnings Historical Data

The historical data trend for RXO's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RXO Retained Earnings Chart

RXO Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

2.00

6.00

RXO Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial									2.00	5.00	4.00	6.00	-9.00

RXO Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

RXO (NYSE:RXO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

RXO (RXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » RXO Inc (NYSE:RXO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N9Q:Germany

Address

11215 North Community House Road, Charlotte, NC, USA, 28277

Website

https://www.rxo.com

RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the largest component being core truck brokerage business. The company operates into one reportable segment. The operating segment operate within the transportation industry and in primarily the same geography North America.

Executives

Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Christine S Breves	director	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Andrew M. Wilkerson	officer: Chief Executive Officer	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen M. Renna	director	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Thomas A Szlosek	director	HONEYWELL INTERNATIONAL INC., 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Mfn Partners Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michelle Nettles	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mary E. Kissel	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Jason S. Kerr	officer: Chief Accounting Officer	11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Michael Demichele	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
S Jacobs Bradley	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Annamaria Desalva	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Adrian Kingshott	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277