U.S. Xpress Enterprises, Inc. (USX) financial statements (2021 and earlier)

Company profile

Business Address 4080 JENKINS ROAD
CHATTANOOGA, TN 37421
State of Incorp. NV
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6610
Cash and cash equivalents6610
Receivables209199211
Prepaid expense141111
Assets held-for-sale, not part of disposal group121833
Other current assets161613
Other undisclosed current assets977
Total current assets:266257286
Noncurrent Assets
Finance lease, right-of-use asset7 
Property, plant and equipment 492519
Other noncurrent assets411392106
Other undisclosed noncurrent assets495  
Total noncurrent assets:913883625
TOTAL ASSETS:1,1801,140910
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1249389
Accounts payable846964
Employee-related liabilities402425
Debt104151113
Disposal group, including discontinued operation  7
Self insurance reserve485247
Other liabilities698
Other undisclosed current liabilities78  
Total current liabilities:359305264
Noncurrent Liabilities
Long-term debt and lease obligation, including:464521311
Long-term debt, excluding current maturities252308311
Finance lease, liability37
Capital lease obligations14
Operating lease, liability209206
Other undisclosed long-term debt and lease obligation  (14)
Liabilities, other than long-term debt958396
Deferred tax liabilities, net20
Deferred income tax liabilities2521
Disposal group, including discontinued operation, liabilities  8
Other liabilities1558
Self insurance reserve555760
Total noncurrent liabilities:559604408
Total liabilities:919909672
Stockholders' equity
Stockholders' equity attributable to parent, including:259230235
Additional paid in capital261251252
Accumulated deficit(2)(21)(17)
Other undisclosed stockholders' equity attributable to parent000
Stockholders' equity attributable to noncontrolling interest113
Total stockholders' equity:261231238
TOTAL LIABILITIES AND EQUITY:1,1801,140910

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues1,7421,7071,805
Cost of revenue(1,631)(1,592)(1,640)
Cost of goods and services sold(381)(420)(454)
Gross profit:111115165
Operating expenses(68)(89)(86)
Operating income:442679
Nonoperating expense(21)(29)(45)
Interest and debt expense (0)(8)
Income (loss) from continuing operations before equity method investments, income taxes:23(3)26
Other undisclosed income from continuing operations before income taxes 08
Income (loss) from continuing operations before income taxes:23(3)34
Income tax expense(5)(0)(8)
Net income (loss):18(3)26
Net income (loss) attributable to noncontrolling interest1(1)(1)
Net income (loss) available to common stockholders, basic:19(4)25
Dilutive securities, effect on basic earnings per share0  
Other undisclosed net loss available to common stockholders, diluted(1)  
Net income (loss) available to common stockholders, diluted:18(4)25

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income (loss):18(3)26
Comprehensive income (loss):18(3)26
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:19(4)25

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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