XRXNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31Also trades as XRXDW
Xerox Holdings Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$2.49+0.02 (+0.81%)
Close on Oct 19, 2026
- Market cap
- $325.93M
- P/E (TTM)
- –
- Dividend yield
- 8.03%
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
–
Net margin
-14.7%−17.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +12.9% | -0.4% | 0.0% | – | |
| Free cash flow | -61.4% | +15.0% | -18.0% | – | |
| Dividend per share | -80.0% | -41.5% | -27.5% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 3.4% | -135.4% | |
| Return on assets | – | 1.3% | -11.3% | |
| Current ratio | – | 2.33 | 1.11 | |
| Debt to equity | – | – | – | |
| Inventory turnover | – | – | – | |
| Capex to revenue | 0.7% | 0.6% | 0.5% | |
| Diluted shares | 257M | 209M | 126M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Xerox generated $2.21B from operations and spent $2.47B on capital expenditure, dividends and share buybacks. 6% of that went back into the business.
Generated
$2.21B
Used
$2.47B
Capital expenditure$158.00M6%Dividends$757.00M31%Share buybacks$1.55B63%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-14.7%
×Asset turnover0.77×
×Equity multiplier11.97×
=Return on equity, FY2025-135.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -14.7% | 0.77× | 11.97× | -135.4% |
| FY2024 | -21.2% | 0.68× | 5.08× | -73.1% |
| FY2023 | 0.0% | 0.64× | 3.66× | 0.0% |
| FY2022 | -4.5% | 0.57× | 3.18× | -8.3% |
| FY2021 | -6.5% | 0.50× | 2.79× | -9.1% |
| FY2020 | 2.7% | 0.47× | 2.66× | 3.4% |
| FY2019 | 14.9% | 0.61× | 2.82× | 25.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$1.03B
- Cash generatingOperating cash flow above zero$224.00M
- Return on assets improvedROA up on the prior year-13.2% → -12.3%
- Earnings backed by cashOperating cash flow above net income$224.00M vs -$1.03B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.12 → 1.11
- No dilutionShare count did not rise124M → 126M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.62 → 0.84