XR
Xerox Holdings Corp
XRX—
Build a strategy around XRX
Xerox Holdings Corp AI Insights
Informational only. Not investment advice.Snapshot
- Tangible book value is -2.8B with debt/equity at 12.1x - equity is essentially goodwill (2.2B) backing 4.4B debt[Tangible Book Value]
- Revenue up 28% TTM but operating income is -75M and net loss -977M - growth destroying value[Operating Income TTM]
- FCF of 283M (4.3% margin) vs 977M net loss - cash generation masking earnings deterioration[Free Cash Flow TTM]
Watch Triggers
- Free Cash Flow TTM: Falls below 200M or turns negative — Only lifeline servicing 199M annual interest - loss of FCF = liquidity crisis
- Operating Margin TTM: Remains negative for 2+ consecutive quarters — Signals M&A integration failing and restructuring insufficient
- Goodwill: Impairment charge announced — 2.2B goodwill vs 365M common equity - any writedown eliminates book value
Bull Case
FCF positive at 283M TTM despite losses - if M&A synergies materialize, cash could service debt and fund turnaround
Free Cash Flow TTMCash Flow TTM
P/S ratio 0.05x vs industry median 1.5x - extreme discount prices in permanent decline or offers asymmetric upside
P/S RatioEnterprise Value
Bear Case
Net debt 3.9B is 11x market cap (349M) - any refinancing stress or covenant breach could wipe equity
Net DebtTotal DebtDebt to Equity
ROIC of -20% TTM destroying capital while goodwill (2.2B) exceeds total equity (579M) - impairment risk material
ROIC TTMGoodwillTotal Equity
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
25%
Leverage XRX's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Restructuring and M&A integration will determine survival - current capital structure unsustainable
1-3ylow
- 835M acquisition spend TTM requiring integration
- 199M interest expense on 4.4B debt
- 59M restructuring charges ongoing
Debt/equity 12.1x vs industry medianOperating margin -1.1% vs industry +5.1%Net debt 3.9B vs market cap 349M
Valuation Context
Caveats
Public Strategies Rankings
See how Xerox Holdings Corp ranks across different investment strategies.
Leverage XRX's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
XRX Fundamentals
Manufacturing → Miscellaneous Manufacturing
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$296.35M | — | ||
$4.22B | — | ||
0.00 | — | ||
$6.61B | +3.7% | — | |
$-7.41 | — | ||
-1.14% | -4.4% | — | |
-14.8% | +6.5% | — | |
$283.0M | -44.7% | — | |
-1.2 | -50.8% | — | |
Beta 5Y (Monthly) | unknown | — |
XRX Dividend History
78 dividends
2025
$0.200012/31/25$0.0250
09/30/25$0.0250
06/30/25$0.0250
03/31/25$0.1250
2024
$1.000012/31/24$0.2500
09/30/24$0.2500
06/28/24$0.2500
03/27/24$0.2500
2023
$1.000012/28/23$0.2500
09/28/23$0.2500
06/29/23$0.2500
03/30/23$0.2500
2022
$1.000012/29/22$0.2500
09/29/22$0.2500
06/29/22$0.2500
03/30/22$0.2500
2021
$1.000012/30/21$0.2500
09/29/21$0.2500
06/29/21$0.2500
03/30/21$0.2500
2020
$1.000012/30/20$0.2500
09/29/20$0.2500
06/29/20$0.2500
03/27/20$0.2500
2019
$1.000012/30/19$0.2500
09/27/19$0.2500
06/27/19$0.2500
03/28/19$0.2500
2018
$1.000012/28/18$0.2500
09/27/18$0.2500
06/28/18$0.2500
03/28/18$0.2500
2017
$0.812512/28/17$0.2500
09/28/17$0.2500
06/28/17$0.0625
03/29/17$0.2500
2016
$1.240012/13/16$0.3100
09/28/16$0.3100
06/28/16$0.3100
03/29/16$0.3100
2015
$1.120012/29/15$0.2800
09/28/15$0.2800
06/26/15$0.2800
03/27/15$0.2800
2014
$1.000012/29/14$0.2500
09/26/14$0.2500
06/26/14$0.2500
03/27/14$0.2500
2013
$0.920012/27/13$0.2300
09/26/13$0.2300
06/26/13$0.2300
03/26/13$0.2300
2012
$0.680012/27/12$0.1700
09/26/12$0.1700
06/27/12$0.1700
03/28/12$0.1700
2011
$0.680012/28/11$0.1700
09/28/11$0.1700
06/28/11$0.1700
03/29/11$0.1700
2010
$0.680012/29/10$0.1700
09/28/10$0.1700
06/28/10$0.1700
03/29/10$0.1700
2009
$0.680012/29/09$0.1700
09/28/09$0.1700
06/26/09$0.1700
03/27/09$0.1700
2008
$0.680012/29/08$0.1700
09/26/08$0.1700
06/26/08$0.1700
03/27/08$0.1700
2007
$0.170012/27/07$0.1700
2001
$0.200002/27/01$0.2000
2000
$2.600011/29/00$0.2000
08/30/00$0.8000
05/31/00$0.8000
03/01/00$0.8000
XRX Stock Splits
1 stock split
06/15/174:1 split
XRX SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
11/10/25 | 09/30/25 | 10-Q | |
08/07/25 | 06/30/25 | 10-Q | |
05/12/25 | 03/31/25 | 10-Q | |
02/24/25 | 12/31/24 | 10-K | |
11/04/24 | 09/30/24 | 10-Q | |
08/01/24 | 06/30/24 | 10-Q | |
05/01/24 | 03/31/24 | 10-Q | |
02/23/24 | 12/31/23 | 10-K | |
10/30/23 | 09/30/23 | 10-Q | |
08/02/23 | 06/30/23 | 10-Q | |
05/01/23 | 03/31/23 | 10-Q | |
02/23/23 | 12/31/22 | 10-K | |
11/02/22 | 09/30/22 | 10-Q | |
08/03/22 | 06/30/22 | 10-Q | |
05/03/22 | 03/31/22 | 10-Q | |
02/23/22 | 12/31/21 | 10-K | |
11/03/21 | 09/30/21 | 10-Q | |
08/04/21 | 06/30/21 | 10-Q | |
04/30/21 | 03/31/21 | 10-Q | |
02/25/21 | 12/31/20 | 10-K | |
11/04/20 | 09/30/20 | 10-Q | |
07/30/20 | 06/30/20 | 10-Q | |
05/07/20 | 03/31/20 | 10-Q | |
02/28/20 | 12/31/19 | 10-K | |
11/06/19 | 09/30/19 | 10-Q | |
08/06/19 | 06/30/19 | 10-Q | |
05/02/19 | 03/31/19 | 10-Q | |
02/25/19 | 12/31/18 | 10-K | |
11/01/18 | 09/30/18 | 10-Q | |
08/02/18 | 06/30/18 | 10-Q | |
05/10/18 | 03/31/18 | 10-Q | |
02/23/18 | 12/31/17 | 10-K | |
10/30/17 | 09/30/17 | 10-Q | |
08/07/17 | 06/30/17 | 10-Q | |
05/03/17 | 03/31/17 | 10-Q | |
02/27/17 | 12/31/16 | 10-K | |
11/03/16 | 09/30/16 | 10-Q | |
08/04/16 | 06/30/16 | 10-Q | |
04/29/16 | 03/31/16 | 10-Q | |
02/19/16 | 12/31/15 | 10-K | |
10/30/15 | 09/30/15 | 10-Q | |
07/31/15 | 06/30/15 | 10-Q | |
05/01/15 | 03/31/15 | 10-Q | |
02/24/15 | 12/31/14 | 10-K | |
10/30/14 | 09/30/14 | 10-Q | |
08/01/14 | 06/30/14 | 10-Q | |
05/01/14 | 03/31/14 | 10-Q | |
02/21/14 | 12/31/13 | 10-K | |
10/31/13 | 09/30/13 | 10-Q | |
08/02/13 | 06/30/13 | 10-Q | |
05/01/13 | 03/31/13 | 10-Q | |
02/21/13 | 12/31/12 | 10-K | |
10/31/12 | 09/30/12 | 10-Q | |
07/31/12 | 06/30/12 | 10-Q | |
05/02/12 | 03/31/12 | 10-Q | |
02/23/12 | 12/31/11 | 10-K | |
11/02/11 | 09/30/11 | 10-Q | |
08/01/11 | 06/30/11 | 10-Q | |
05/02/11 | 03/31/11 | 10-Q | |
02/23/11 | 12/31/10 | 10-K | |
11/02/11 | 09/30/10 | 10-Q | |
08/02/10 | 06/30/10 | 10-Q | |
05/03/10 | 03/31/10 | 10-Q | |
02/26/10 | 12/31/09 | 10-K | |
10/29/10 | 09/30/09 | 10-Q | |
10/22/09 | 09/30/09 | 10-Q | |
08/03/09 | 06/30/09 | 10-Q | |
04/30/09 | 03/31/09 | 10-Q | |
02/13/09 | 12/31/08 | Unknown | -- |
10/27/08 | 09/30/08 | Unknown | -- |
07/31/08 | 06/30/08 | Unknown | -- |
04/25/08 | 03/30/08 | Unknown | -- |
02/15/08 | 12/31/07 | Unknown | -- |
10/29/07 | 09/30/07 | Unknown | -- |
08/01/07 | 06/30/07 | Unknown | -- |
04/27/07 | 03/30/07 | Unknown | -- |
02/16/07 | 12/31/06 | Unknown | -- |
10/27/06 | 09/30/06 | Unknown | -- |
08/04/06 | 06/30/06 | Unknown | -- |
05/01/06 | 03/30/06 | Unknown | -- |
02/21/06 | 12/31/05 | Unknown | -- |
10/28/05 | 09/30/05 | Unknown | -- |
07/29/05 | 06/30/05 | Unknown | -- |
05/02/05 | 03/30/05 | Unknown | -- |
02/22/05 | 12/31/04 | Unknown | -- |
11/05/04 | 09/30/04 | Unknown | -- |
08/03/04 | 06/30/04 | Unknown | -- |
05/03/04 | 03/30/04 | Unknown | -- |
02/27/04 | 12/31/03 | Unknown | -- |
11/03/03 | 09/30/03 | Unknown | -- |
08/11/03 | 06/30/03 | Unknown | -- |
04/30/03 | 03/30/03 | Unknown | -- |
03/31/03 | 12/31/02 | Unknown | -- |
11/07/02 | 09/30/02 | Unknown | -- |
08/09/02 | 06/30/02 | Unknown | -- |
07/01/02 | 03/30/02 | Unknown | -- |
06/28/02 | 12/31/01 | Unknown | -- |
11/13/01 | 09/30/01 | Unknown | -- |
08/13/01 | 06/30/01 | Unknown | -- |
07/12/01 | 03/30/01 | Unknown | -- |
06/07/01 | 12/31/00 | Unknown | -- |
11/14/00 | 09/30/00 | Unknown | -- |
08/14/00 | 06/30/00 | Unknown | -- |
05/12/00 | 03/30/00 | Unknown | -- |