Xerox Holdings Corporation logo

Xerox Holdings Corporation

XRX

NASDAQIndustrialsBusiness Equipment & Supplies

Regular session

$2.8512

−$0.0488 · -1.68%

Aug 24, 11:18 AM ET

XRX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

2

Overpriced

Momentum

45

Neutral

Sentiment

58

Mixed

Risk resilience

22

High Risk

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Company profile

Company website

Xerox Holdings Corporation, founded in 1906 and headquartered in Norwalk, Connecticut, operates as a global leader in workplace technology. The company specializes in creating, evolving, and distributing comprehensive document management and workflow solutions across North America, Europe, and various international markets. Its extensive portfolio includes core office printing equipment such as monochrome, color, and multi-function desktop printers, alongside digital production presses and light commercial printing apparatus. Beyond hardware, Xerox delivers advanced digital services encompassing workflow automation, sophisticated personalization and communication tools, robust content management platforms, and digitization initiatives. The firm also provides specialized graphic communication and production-grade solutions. Xerox offers a broad range of IT services, covering end-user computing, network infrastructure, communication technologies, and diverse managed IT solutions like product support, expert engineering, and commercial robotic process automation. Key proprietary software platforms include FreeFlow, which streamlines and integrates print job processing from file preparation to final output and electronic publishing; XMPie, a personalization and communication software designed for omni-channel engagement; DocuShare, a content management system facilitating the capture, storage, and sharing of both physical and digital information; and CareAR, an enterprise-focused augmented reality platform. Additionally, the company supplies paper products and large-format printing systems. Its distribution strategy involves direct sales teams, complemented by a network of independent agents, dealers, value-added resellers, system integrators, and various e-commerce channels.

Industry
Business Equipment & Supplies
Sector
Industrials
Headquarters
US
CEO
Louis J. Pastor
Listed since
Apr 17, 1936
Employees
23,000

Market position

Day range

Current $2.8512

52-week range

Current $2.8512

Open
$2.87
Previous close
$2.90
Volume
451.19K
0.08× average
Average volume
5.69M
Average daily volume
Market cap
372.88M USD
Beta
2.45
Market reference 1
50-day average
$2.9888
-4.60% below average
200-day average
$2.4523
+16.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.03B USD
P/E (TTM)
-0.39×
P/B (TTM)
0.75×
P/S (TTM)
0.05×
EV / EBITDA
44.34×
Earnings yield
-343.30%
Free cash flow yield
86.41%
Dividend yield
3.51%

Profitability & efficiency

Gross margin
27.91%
Operating margin
-0.50%
Net margin
-11.92%
Return on equity
-156.38%
Return on assets
-10.48%
Return on invested capital
-0.82%

Financial health

Debt / equity
7.76×
Current ratio
1.12×
Altman Z-score
1.21
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends40%18%-5%-27%Gross margin, FY2021: 34.14%Gross margin, FY2022: 32.62%Gross margin, FY2023: 33.60%Gross margin, FY2024: 31.51%Gross margin, FY2025: 27.07%Operating margin, FY2021: 4.55%Operating margin, FY2022: 2.98%Operating margin, FY2023: 5.13%Operating margin, FY2024: 2.56%Operating margin, FY2025: -0.80%Net margin, FY2021: -6.46%Net margin, FY2022: -4.53%Net margin, FY2023: 0.01%Net margin, FY2024: -21.23%Net margin, FY2025: -14.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 34.14%. Gross margin FY2022 32.62%. Gross margin FY2023 33.60%. Gross margin FY2024 31.51%. Gross margin FY2025 27.07%. Operating margin FY2021 4.55%. Operating margin FY2022 2.98%. Operating margin FY2023 5.13%. Operating margin FY2024 2.56%. Operating margin FY2025 -0.80%. Net margin FY2021 -6.46%. Net margin FY2022 -4.53%. Net margin FY2023 0.01%. Net margin FY2024 -21.23%. Net margin FY2025 -14.65%.

Income trends

Revenue

7.02B USD+12.88%

Operating income

−56M USD−215M USD

Net income

−1.03B USD+22.10%
Income trends across reported periods7.95B USD4.58B USD1.21B USD−2.16B USDRevenue, FY2021: 7.04B USDRevenue, FY2022: 7.11B USDRevenue, FY2023: 6.89B USDRevenue, FY2024: 6.22B USDRevenue, FY2025: 7.02B USDOperating income, FY2021: 320M USDOperating income, FY2022: 212M USDOperating income, FY2023: 353M USDOperating income, FY2024: 159M USDOperating income, FY2025: −56M USDNet income, FY2021: −455M USDNet income, FY2022: −322M USDNet income, FY2023: 1M USDNet income, FY2024: −1.32B USDNet income, FY2025: −1.03B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.04B USD. Revenue FY2022 7.11B USD. Revenue FY2023 6.89B USD. Revenue FY2024 6.22B USD. Revenue FY2025 7.02B USD. Operating income FY2021 320M USD. Operating income FY2022 212M USD. Operating income FY2023 353M USD. Operating income FY2024 159M USD. Operating income FY2025 −56M USD. Net income FY2021 −455M USD. Net income FY2022 −322M USD. Net income FY2023 1M USD. Net income FY2024 −1.32B USD. Net income FY2025 −1.03B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue7.02B USD6.22B USD6.89B USD7.11B USD7.04B USD
Cost of goods sold5.12B USD4.26B USD4.57B USD4.79B USD4.64B USD
Gross profit1.9B USD1.96B USD2.31B USD2.32B USD2.4B USD
Research and development230M USD191M USD229M USD304M USD310M USD
Selling, general, and administrative1.64B USD1.54B USD1.7B USD1.76B USD1.72B USD
Operating expenses1.96B USD1.8B USD1.96B USD2.11B USD2.08B USD
Interest income14M USD14M USD16M USD11M USD4M USD
Interest expense248M USD119M USD68M USD91M USD96M USD
Depreciation and amortization331M USD274M USD251M USD270M USD327M USD
Operating income−56M USD159M USD353M USD212M USD320M USD
Net income−1.03B USD−1.32B USD1M USD−322M USD−455M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-42.19%
11 comparable reports
Latest EPS result
0.36
Estimate -0.12 · Beat by 398.01%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.610.16-0.28-0.73Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 0.36, estimate 0.52, surprise -30.77%, Miss. Q2 2025, reported May 1, 2025: actual -0.06, estimate -0.05, surprise -20.00%, Miss. Q3 2025, reported Jul 31, 2025: actual -0.64, estimate 0.1, surprise -740.00%, Miss. Q4 2025, reported Oct 30, 2025: actual 0.2, estimate 0.04, surprise +400.00%, Beat. Q1 2026, reported Jan 29, 2026: actual -0.1, estimate 0.15, surprise -166.67%, Miss. Q2 2026, reported Apr 30, 2026: actual -0.43, estimate -0.2, surprise -115.00%, Miss. Q3 2026, reported Jul 30, 2026: actual 0.36, estimate -0.121, surprise +398.01%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate -0.104, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.26B1.97B1.67B1.37BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 1.61B USD, estimate 1.57B USD, surprise +2.75%, Beat. Q2 2025, reported May 1, 2025: actual 1.46B USD, estimate 1.5B USD, surprise -2.96%, Miss. Q3 2025, reported Jul 31, 2025: actual 1.58B USD, estimate 1.82B USD, surprise -13.26%, Miss. Q4 2025, reported Oct 30, 2025: actual 1.96B USD, estimate 2.18B USD, surprise -9.91%, Miss. Q1 2026, reported Jan 29, 2026: actual 2.03B USD, estimate 2.05B USD, surprise -1.22%, Miss. Q2 2026, reported Apr 30, 2026: actual 1.85B USD, estimate 1.75B USD, surprise +5.67%, Beat. Q3 2026, reported Jul 30, 2026: actual 1.92B USD, estimate 1.9B USD, surprise +1.09%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 1.86B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$5.00

75.36% upside
Past 12 months12-month forecastHigh $5.00Average $5.00Low $5.00

Rating distribution

5 ratings
Strong buy00%
Buy00%
Hold240%
Sell360%
Strong sell00%

Recent analyst actions

4 institutions
Loop CapitalmaintainHold

XRX news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.20

2025 complete year-80.0% since 2021

2026 partial: $0.05

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

$0.025

Quarterly

Record Sep 30, 2026 · Payment Oct 30, 2026

Dividend

Ex-dividend Jun 30, 2026

$0.025

Quarterly

Record Jun 30, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.025

Quarterly

Record Mar 31, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.025

Quarterly

Record Dec 31, 2025 · Payment Jan 30, 2026

Dividend

Ex-dividend Sep 30, 2025

$0.025

Quarterly

Record Sep 30, 2025 · Payment Oct 31, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.025

Quarterly

Record Jun 30, 2025 · Payment Jul 31, 2025

XRX peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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