MEDIUMOutside partyCustomer
37%
top 20 customers
“10-K Item 1: 'our top 20 customers in total and our top five customers in total accounted for approximately 37% and 23% of our revenue, respectively'”
RXO · Concentration risk · 10-K extracted
RXO (RXO) concentration risks
Updated
The most significant concentration RXO discloses is top 20 customers at 37%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: RXO’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH0
MEDIUM1
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partyCustomer
23%
top 5 customers
“10-K Item 1: 'our top five customers in total ... 23% of our revenue, respectively'”
LOWOutside partyCustomer
11.4%
largest customer
“10-K Item 1: 'Revenue from our largest customer represented approximately $653 million, or 11.4%, of total revenue.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration is entirely customer-side and moderate. Its top 20 customers in total accounted for approximately 37% of revenue — a medium-share dependency by disclosed size — and its top five customers represented approximately 23% of revenue, a low-share grouping within that. The single largest customer was approximately 11.4% of total revenue, a low-share dependency. The character across all three is dependency rather than structural: results lean on a concentrated set of shipper relationships whose freight volumes move with their own demand. Because no single customer approaches a dominant share — the largest sits near the low-teens — the exposure is spread across the top accounts rather than pinned to one name, and there is no disclosed geographic, supplier, or product concentration to compound it. On balance this is a contained, well-disclosed customer concentration: the volume trends of the largest shippers are the variables most worth monitoring, but none looks large enough on its own to move the investment verdict.
For the engine’s reasoning on RXO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Trucking
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| RXO● | RXO, Inc. | 0 | 1 | 2 | 3 |
| KNX | Knight-Swift Transportation Hol | 0 | 1 | 1 | 2 |
| SNDR | Schneider National, Inc. | 0 | 1 | 0 | 1 |
| ARCB | ArcBest Corporation | 0 | 0 | 0 | 0 |
| ODFL | Old Dominion Freight Line, Inc. | 0 | 0 | 0 | 0 |
| SAIA | Saia, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.