{
"ok": true,
"cik": "1770450",
"ticker": "XRX",
"name": "XEROX HOLDINGS CORPORATION",
"filings": [
{
"form": "10-Q",
"filed": "2026-08-06",
"items": [],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000177045026000040/0001770450-26-000040-index.htm"
},
{
"form": "8-K",
"filed": "2026-07-30",
"items": [
"2.02 Results of Operations and Financial Condition",
"9.01 Financial Statements and Exhibits"
],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000177045026000034/0001770450-26-000034-index.htm"
},
{
"form": "8-K",
"filed": "2026-07-02",
"items": [
"5.02 Departure or Election of Directors; Appointment of Officers",
"9.01 Financial Statements and Exhibits"
],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526294480/0001193125-26-294480-index.htm"
},
{
"form": "8-K",
"filed": "2026-05-27",
"items": [
"5.02 Departure or Election of Directors; Appointment of Officers",
"5.07 Submission of Matters to a Vote of Security Holders",
"9.01 Financial Statements and Exhibits"
],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526241888/0001193125-26-241888-index.htm"
},
{
"form": "10-Q",
"filed": "2026-05-07",
"items": [],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000177045026000030/0001770450-26-000030-index.htm"
},
{
"form": "8-K",
"filed": "2026-04-30",
"items": [
"2.02 Results of Operations and Financial Condition",
"9.01 Financial Statements and Exhibits"
],
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000177045026000025/0001770450-26-000025-index.htm"
}
],
"events12m": 13,
"healthWatch": {
"window": "last 12 months",
"since": "2025-09-27",
"signals": [
{
"code": "NT 10-K",
"label": "Late annual report notice",
"count": 1,
"latest": {
"filed": "2026-03-02",
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526085664/0001193125-26-085664-index.htm"
}
},
{
"code": "5.02",
"label": "Director or officer change",
"count": 5,
"latest": {
"filed": "2026-07-02",
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526294480/0001193125-26-294480-index.htm"
}
}
],
"note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt."
},
"sources": {
"facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001770450.json",
"filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1770450"
},
"license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.",
"notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.",
"edgar": "🫧 Edgar looked up XEROX HOLDINGS CORPORATION ($XRX). Last filing: 10-Q, 2026-08-06. 13 event filings (8-K) in the past twelve months.",
"auditor": {
"changes": [],
"nonReliance": [],
"restatedSince": null
},
"metrics": {
"fiscalYearEnd": "2025-12-31",
"revenue": 7022000000,
"revenueGrowth1y": 0.1287574344960618,
"revenueGrowthPerYear": -0.0005688284440115154,
"yearsOfData": 5,
"operatingMargin": null,
"operatingMarginPrior": null,
"netMargin": -0.1465394474508687,
"operatingCashFlow": 224000000,
"capitalSpending": 37000000,
"freeCashFlow": 187000000,
"researchAndDevelopment": null,
"researchShareOfRevenue": null,
"cash": 512000000,
"longTermDebt": 4016000000,
"longTermDebtChange": 0.42714996446339737,
"revenueHistory": [
{
"fiscalYearEnd": "2021-12-31",
"revenue": 7038000000
},
{
"fiscalYearEnd": "2022-12-31",
"revenue": 7107000000
},
{
"fiscalYearEnd": "2023-12-31",
"revenue": 6886000000
},
{
"fiscalYearEnd": "2024-12-31",
"revenue": 6221000000
},
{
"fiscalYearEnd": "2025-12-31",
"revenue": 7022000000
}
],
"totalEquity": 444000000,
"totalAssets": 9823000000,
"equityRatio": 0.04520004072075741,
"returnOnEquity": -2.3175675675675675,
"dividendsPaid": 71000000,
"payoutRatio": null,
"dividendPerShare": 0.2,
"dividendYearsRising": 0,
"dividendCut": true,
"priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.",
"earningsPerShare": -8.25,
"sharesOutstanding": 126473000,
"bookValuePerShare": 3.5106307275070567,
"revenuePerShare": 55.5217319111589,
"range80": {
"low": 6397998000.569277,
"high": 8303982955.9188,
"baseline": 7460013943.495073,
"n": 4599,
"band": "b1",
"bandLabel": "$1B–10B",
"method": "v4.1",
"credibility": 0.5,
"growthYears": 4,
"ownVolatility": 0.09323019286549057,
"classVolatility": 0.07701947805587882,
"volatility": 0.08550984990554178
},
"ifPaceHeld": {
"low": 6397998000.569277,
"high": 8303982955.9188
}
},
"edgarette": "🔖 Exposure: revenue $7.0B (FY2025), total debt $4.0B. Experience: revenue up 12.9% on the year, down 0.1% a year over 4 years. Soundness: equity 4.5% of assets, return on equity -231.8%, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.4B and $8.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $5.8B to $9.1B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, computer peripheral equipment, nec): growth 12.9% against 11.6%.",
"peers": {
"sic": 3577,
"sicDescription": "Computer Peripheral Equipment, NEC",
"calendarYear": 2025,
"minRevenue": 50000000,
"depth": 4,
"group": "3577",
"growth": [
0.1155,
12
],
"opMargin": [
0.008,
11
],
"equityRatio": [
0.4488,
12
],
"returnOnEquity": [
0.0203,
10
]
},
"summary": "Xerox Holdings (XRX) grew revenue 12.9% in FY2025 to $7.0 billion, equity 4.5% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.",
"chart": "XEROX HOLDINGS CORPORATION against its own record and its peers",
"chartHorizon": "Handed back now, or kept to compound · of each dollar of profit
Gold paid out, navy kept. Kept share Ă— return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
",
"backtest": {
"tests": 5,
"hits": 3,
"rate": 0.6,
"method": "v4",
"byYear": {
"2021": [
0,
1
],
"2022": [
1,
1
],
"2023": [
1,
1
],
"2024": [
1,
1
],
"2025": [
0,
1
]
},
"note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample."
},
"registry": {
"logged": "2026-09-27T21:13:50.274Z",
"hash": "5c708ba7d2911181",
"status": "open"
},
"caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.",
"schema": "pops4.edgarette.card/1",
"card": {
"summary": "Xerox Holdings (XRX) grew revenue 12.9% in FY2025 to $7.0 billion, equity 4.5% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.",
"exposure": {
"fiscalYearEnd": "2025-12-31",
"revenue": 7022000000,
"totalDebt": 4016000000,
"cash": 512000000
},
"experience": {
"revenueGrowth1y": 0.1287574344960618,
"revenueGrowthPerYear": -0.0005688284440115154,
"operatingMargin": null,
"operatingMarginPrior": null,
"netMargin": -0.1465394474508687,
"freeCashFlow": 187000000
},
"soundness": {
"equityRatio": 0.04520004072075741,
"returnOnEquity": -2.3175675675675675,
"payoutRatio": null,
"dividendPerShare": 0.2,
"dividendYearsRising": 0,
"dividendCut": true,
"note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown."
},
"peers": {
"sic": 3577,
"sicDescription": "Computer Peripheral Equipment, NEC",
"calendarYear": 2025,
"minRevenue": 50000000,
"depth": 4,
"group": "3577",
"growth": [
0.1155,
12
],
"opMargin": [
0.008,
11
],
"equityRatio": [
0.4488,
12
],
"returnOnEquity": [
0.0203,
10
]
},
"credibility": {
"auditedYears": 5,
"weight": "reasonable",
"standard": "ASOP No. 25",
"nonReliance": null,
"auditorChange": null
},
"healthWatch": {
"window": "last 12 months",
"since": "2025-09-27",
"signals": [
{
"code": "NT 10-K",
"label": "Late annual report notice",
"count": 1,
"latest": {
"filed": "2026-03-02",
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526085664/0001193125-26-085664-index.htm"
}
},
{
"code": "5.02",
"label": "Director or officer change",
"count": 5,
"latest": {
"filed": "2026-07-02",
"url": "https://www.sec.gov/Archives/edgar/data/1770450/000119312526294480/0001193125-26-294480-index.htm"
}
}
],
"note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt."
},
"range": {
"low": 6397998000.569277,
"high": 8303982955.9188,
"baseline": 7460013943.495073,
"coverage": 0.8,
"method": "v4.1",
"basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024",
"calibratedOn": {
"companyYears": 4599,
"sizeBand": "$1B–10B",
"fitYears": [
2018,
2022
],
"tuneYear": 2023,
"testYear": 2024,
"coverageOnTestYear": 0.8341
},
"credibility": {
"weightOnOwnRecord": 0.5,
"growthYears": 4,
"ownVolatility": 0.09323019286549057,
"classVolatility": 0.07701947805587882,
"pricedVolatility": 0.08550984990554178,
"k": 3
},
"stress": {
"low": 5816839169.937659,
"high": 9134471593.211773,
"basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included"
},
"kind": "a statistical range, not company guidance; no view on the share price",
"track": {
"backtest": {
"tests": 5,
"hits": 3,
"rate": 0.6,
"method": "v4",
"byYear": {
"2021": [
0,
1
],
"2022": [
1,
1
],
"2023": [
1,
1
],
"2024": [
1,
1
],
"2025": [
0,
1
]
},
"note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample."
},
"registry": {
"logged": "2026-09-27T21:13:50.274Z",
"hash": "5c708ba7d2911181",
"status": "open"
},
"scorecard": "https://www.pops4.com/boards/scorecard"
}
},
"caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.",
"sources": {
"facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001770450.json",
"filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1770450"
},
"speedCash": {
"fiscalYear": 2025,
"cashConversion": 0.0319,
"growth3y": -0.004,
"volatility": 0.0932,
"paysDividend": true,
"raisedDividend": false,
"equityRatio": 0.0452,
"quadrant": {
"code": "sj",
"label": "Slow and jumpy",
"plain": "growing slower than its size class, with revenue that swings more"
},
"compass": {
"code": "fading",
"inside": "Turns 3.2% of revenue into operating cash; revenue shrinking 0.4% a year over three years; pays a dividend.",
"outside": "Among $1B-10B companies: 12th percentile for cash, 28th for growth.",
"emoji": "🍂",
"label": "Fading",
"plain": "slow and jumpy, lagging its peers"
},
"band": "$1B-10B",
"cashPctInClass": 12,
"growthPctInClass": 28,
"source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class"
},
"harbor": {
"signs": [
{
"key": "warning",
"text": "filed late annual report notice in the last 12 months"
},
{
"key": "slowjumpy",
"text": "slow and jumpy: growing slower than its size class, with revenue that swings more"
}
],
"rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.",
"level": 2,
"name": "Weathered boat",
"plain": "two warning signs"
},
"cashFlow": {
"fiscalYearEnd": "2025-12-31",
"operating": 224000000,
"investing": -698000000,
"financing": 404000000,
"capitalSpending": 37000000,
"free": 187000000,
"trend": [
{
"fiscalYearEnd": "2021-12-31",
"operating": 629000000,
"free": 600000000
},
{
"fiscalYearEnd": "2022-12-31",
"operating": 159000000,
"free": 123000000
},
{
"fiscalYearEnd": "2023-12-31",
"operating": 686000000,
"free": 657000000
},
{
"fiscalYearEnd": "2024-12-31",
"operating": 511000000,
"free": 484000000
},
{
"fiscalYearEnd": "2025-12-31",
"operating": 224000000,
"free": 187000000
}
],
"note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)."
},
"investments": {
"fiscalYearEnd": "2025-12-31",
"cash": 512000000,
"shortTerm": null,
"longTerm": null,
"equityHoldings": null,
"totalAssets": 9823000000,
"ladder": null,
"currentRatio": 1.11,
"unrealizedGain": null,
"unrealizedLoss": null,
"note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here."
}
},
"definitions": {
"operatingMargin": "Operating income divided by revenue.",
"netMargin": "Net income divided by revenue.",
"freeCashFlow": "Cash from operations minus spending on property and equipment.",
"researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.",
"equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.",
"returnOnEquity": "Net income for the year against shareholders equity at year end.",
"payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.",
"dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.",
"revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.",
"credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.",
"peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.",
"backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.",
"healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt."
},
"speedCash": {
"fiscalYear": 2025,
"cashConversion": 0.0319,
"growth3y": -0.004,
"volatility": 0.0932,
"paysDividend": true,
"raisedDividend": false,
"equityRatio": 0.0452,
"quadrant": {
"code": "sj",
"label": "Slow and jumpy",
"plain": "growing slower than its size class, with revenue that swings more"
},
"compass": {
"code": "fading",
"inside": "Turns 3.2% of revenue into operating cash; revenue shrinking 0.4% a year over three years; pays a dividend.",
"outside": "Among $1B-10B companies: 12th percentile for cash, 28th for growth.",
"emoji": "🍂",
"label": "Fading",
"plain": "slow and jumpy, lagging its peers"
},
"band": "$1B-10B",
"cashPctInClass": 12,
"growthPctInClass": 28,
"source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class"
},
"harbor": {
"signs": [
{
"key": "warning",
"text": "filed late annual report notice in the last 12 months"
},
{
"key": "slowjumpy",
"text": "slow and jumpy: growing slower than its size class, with revenue that swings more"
}
],
"rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.",
"level": 2,
"name": "Weathered boat",
"plain": "two warning signs"
},
"cashFlow": {
"fiscalYearEnd": "2025-12-31",
"operating": 224000000,
"investing": -698000000,
"financing": 404000000,
"capitalSpending": 37000000,
"free": 187000000,
"trend": [
{
"fiscalYearEnd": "2021-12-31",
"operating": 629000000,
"free": 600000000
},
{
"fiscalYearEnd": "2022-12-31",
"operating": 159000000,
"free": 123000000
},
{
"fiscalYearEnd": "2023-12-31",
"operating": 686000000,
"free": 657000000
},
{
"fiscalYearEnd": "2024-12-31",
"operating": 511000000,
"free": 484000000
},
{
"fiscalYearEnd": "2025-12-31",
"operating": 224000000,
"free": 187000000
}
],
"note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)."
},
"investments": {
"fiscalYearEnd": "2025-12-31",
"cash": 512000000,
"shortTerm": null,
"longTerm": null,
"equityHoldings": null,
"totalAssets": 9823000000,
"ladder": null,
"currentRatio": 1.11,
"unrealizedGain": null,
"unrealizedLoss": null,
"note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here."
}
}