XRX · Xerox Holdings Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $7.02B | $6.22B | $6.89B | $7.11B | $7.04B | $7.02B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | $375.00M | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $1.65B | $1.54B | $1.70B | $1.76B | $1.72B | $1.85B |
| Total Operating Expenses | $7.51B | $7.44B | $6.91B | $7.43B | $7.51B | $6.77B |
| D&A | $331.00M | $274.00M | $251.00M | $270.00M | $327.00M | $368.00M |
| Operating Income | - | - | - | ($328.00M) | ($475.00M) | $252.00M |
| Interest Expense | $334.00M | $225.00M | $198.00M | $199.00M | $207.00M | $215.00M |
| Income Tax | $541.00M | $105.00M | ($29.00M) | ($3.00M) | ($17.00M) | $64.00M |
| Net Income | ($1.03B) | ($1.32B) | $1.00M | ($322.00M) | ($455.00M) | $192.00M |
| EPS - Basic | ($8.25) | ($10.75) | ($0.09) | ($2.15) | ($2.56) | $0.85 |
| EPS - Diluted | ($8.25) | ($10.75) | ($0.09) | ($2.15) | ($2.56) | $0.84 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $512.00M | $576.00M | $519.00M | $1.04B | $1.84B | $2.63B |
| Accounts Receivable | $1.12B | $796.00M | $850.00M | $857.00M | $818.00M | $883.00M |
| Inventory | $1.02B | $695.00M | $661.00M | $797.00M | $696.00M | $843.00M |
| Accounts Payable | $1.50B | $1.02B | $1.04B | $1.33B | $1.07B | $983.00M |
| Current Assets | $3.57B | $2.94B | $3.18B | $4.11B | $4.70B | $5.78B |
| Total Assets | $9.82B | $8.37B | $10.01B | $11.54B | $13.22B | $14.74B |
| Current Liabilities | $3.22B | $2.62B | $2.78B | $3.33B | $2.83B | $2.48B |
| Long-term Debt | $4.02B | $2.81B | $2.71B | $2.87B | $3.60B | $3.23B |
| Total Liabilities | $9.15B | $7.06B | $7.24B | $7.97B | $8.56B | $8.93B |
| Stockholders' Equity | $444.00M | $1.08B | $2.54B | $3.34B | $4.44B | $5.59B |
| Retained Earnings | $2.44B | $3.51B | $4.98B | $5.14B | $5.63B | $6.28B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $224.00M | $511.00M | $686.00M | $159.00M | $629.00M | $548.00M |
| Investing Cash Flow | ($698.00M) | ($198.00M) | ($5.00M) | ($78.00M) | ($85.00M) | ($246.00M) |
| Financing Cash Flow | $404.00M | ($271.00M) | ($1.20B) | ($822.00M) | ($1.31B) | ($416.00M) |
| CapEx | $37.00M | $27.00M | $29.00M | $36.00M | $29.00M | $44.00M |
| Free Cash Flow | $187.00M | $484.00M | $657.00M | $123.00M | $600.00M | $504.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | 5.4% | - | - | - |
| Operating margin | - | - | - | -4.6% | -6.7% | 3.6% |
| EBITDA margin | - | - | - | -0.8% | -2.1% | 8.8% |
| Net margin | -14.7% | -21.2% | 0.0% | -4.5% | -6.5% | 2.7% |
| Free cash flow margin | 2.7% | 7.8% | 9.5% | 1.7% | 8.5% | 7.2% |
| FCF / Net income | -0.18 | -0.37 | 657.00 | -0.38 | -1.32 | 2.63 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 23.6% | 24.7% | 24.6% | 24.8% | 24.4% | 26.4% |
| Effective tax rate | - | - | - | - | - | 25.0% |
| Return on assets | -10.5% | -15.8% | 0.0% | -2.8% | -3.4% | 1.3% |
| Return on equity | -231.8% | -122.8% | 0.0% | -9.6% | -10.3% | 3.4% |
| Return on invested capital | - | - | - | -4.2% | -4.7% | 2.1% |
| Liquidity | ||||||
| Current ratio | 1.11 | 1.12 | 1.14 | 1.23 | 1.66 | 2.33 |
| Quick ratio | 0.79 | 0.86 | 0.91 | 0.99 | 1.42 | 1.99 |
| Cash ratio | 0.16 | 0.22 | 0.19 | 0.31 | 0.65 | 1.06 |
| Leverage | ||||||
| Debt / Equity | 9.05 | 2.62 | 1.07 | 0.86 | 0.81 | 0.58 |
| Debt / Assets | 0.41 | 0.34 | 0.27 | 0.25 | 0.27 | 0.22 |
| Debt / EBITDA | - | - | - | - | - | 5.21 |
| Interest coverage | - | - | - | -1.6x | -2.3x | 1.2x |
| Equity multiplier | 22.12 | 7.77 | 3.94 | 3.45 | 2.98 | 2.64 |
| Liabilities / Assets | 0.93 | 0.84 | 0.72 | 0.69 | 0.65 | 0.61 |
| Efficiency | ||||||
| Asset turnover | 0.71 | 0.74 | 0.69 | 0.62 | 0.53 | 0.48 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 58d | 47d | 45d | 44d | 42d | 46d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | 27.6x |
| P / B | - | - | - | - | 0.9x | 0.9x |
| P / S | - | - | - | - | 0.6x | 0.7x |
| EV / EBITDA | - | - | - | - | - | 8.9x |
| Growth | ||||||
| Revenue growth (YoY) | 12.9% | -9.7% | -3.1% | 1.0% | 0.2% | -29.7% |
| Revenue CAGR (3y) | -0.4% | -4.0% | -0.6% | -10.7% | - | - |
| Revenue CAGR (5y) | 0.0% | -9.0% | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 30.9% | - | -52.0% |
| Net income growth (YoY) | 22.1% | - | - | 29.2% | - | -1.5% |
| EPS growth (YoY) | 23.3% | -11844.4% | 95.8% | 16.0% | - | 18.3% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -61.4% | -26.3% | 434.1% | -79.5% | 19.0% | - |
| FCF CAGR (5y) | -18.0% | - | - | - | - | - |
| Book value growth (YoY) | -58.7% | -57.6% | -24.1% | -24.6% | -20.7% | 0.1% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Computer Peripheral Equipment, NEC
Comparing Xerox Holdings Corp against the 5 most active filers in the same SIC group.
Dividends
$0.10/share trailing 12 months · -88.6% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.0250 |
| Dec 31, 2025 | $0.0250 |
| Sep 30, 2025 | $0.0250 |
| Jun 30, 2025 | $0.0250 |
| Mar 31, 2025 | $0.1250 |
| Dec 31, 2024 | $0.2500 |
| Sep 30, 2024 | $0.2500 |
| Jun 28, 2024 | $0.2500 |
| Mar 27, 2024 | $0.2500 |
| Dec 28, 2023 | $0.2500 |
| Sep 28, 2023 | $0.2500 |
| Jun 29, 2023 | $0.2500 |
| Mar 30, 2023 | $0.2500 |
| Dec 29, 2022 | $0.2500 |
| Sep 29, 2022 | $0.2500 |
| Jun 29, 2022 | $0.2500 |
| Mar 30, 2022 | $0.2500 |
| Dec 30, 2021 | $0.2500 |
| Sep 29, 2021 | $0.2500 |
| Jun 29, 2021 | $0.2500 |
| Mar 30, 2021 | $0.2500 |
| Dec 30, 2020 | $0.2500 |
| Sep 29, 2020 | $0.2500 |
| Jun 29, 2020 | $0.2500 |