Comparing Revenue Performance: RB Global, Inc. or XPO Logistics, Inc.?

Revenue Race: RB Global vs. XPO Logistics Over a Decade

__timestampRB Global, Inc.XPO Logistics, Inc.
Wednesday, January 1, 20144810970002356600000
Thursday, January 1, 20155158750007623200000
Friday, January 1, 201656639500014619400000
Sunday, January 1, 201761051700015380800000
Monday, January 1, 2018117002600017279000000
Tuesday, January 1, 2019131864100016648000000
Wednesday, January 1, 2020137726000016252000000
Friday, January 1, 2021141697100012806000000
Saturday, January 1, 202217338080007718000000
Sunday, January 1, 202336796000007744000000
Monday, January 1, 202442842000008072000000
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Unlocking the unknown

A Decade of Revenue Dynamics: RB Global, Inc. vs. XPO Logistics, Inc.

In the ever-evolving landscape of global logistics and auction services, RB Global, Inc. and XPO Logistics, Inc. have emerged as key players. Over the past decade, these companies have showcased contrasting revenue trajectories.

Revenue Trends

From 2014 to 2023, XPO Logistics, Inc. consistently outperformed RB Global, Inc. in terms of revenue. However, the gap has been narrowing. In 2014, XPO's revenue was nearly five times that of RB Global. By 2023, this ratio had decreased to just over two times, with RB Global experiencing a remarkable surge of over 660% in revenue, reaching its peak in 2023.

Strategic Shifts

This shift highlights RB Global's strategic initiatives and market adaptability. Meanwhile, XPO's revenue peaked in 2018 and has since seen a decline, indicating potential market challenges or strategic realignments. As the industry continues to evolve, these trends offer valuable insights into the competitive dynamics at play.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025