XPO expects 2026 gross capital spending of $500 million to $600 million
XPO•XPO expects gross capital spending of $500 million to $600 million in 2026, with interest expense of $205 million to $215 million and an adjusted effective tax rate of 23% to 24%.
1. 2026 outlook
XPO expects 2026 gross capital spending of $500 million to $600 million. It forecasts interest expense of $205 million to $215 million and an adjusted effective tax rate of 23% to 24%.
2. LTL targets and results
XPO’s North American LTL targets for 2021-2027 include adjusted EBITDA compound annual growth of 11% to 13%, revenue growth of 6% to 8%, and at least 600 basis points of adjusted operating ratio improvement. In the third quarter of 2026, LTL adjusted EBITDA rose 26% to $389 million, while its adjusted operating ratio improved 260 basis points to 80.1%.
