Freightos (CRGO) Tax Rate (2022 - 2025)
Freightos (CRGO) reported Tax Rate of 0.9% for Q2 2025, down 103.0% on a YoY basis from 29.87% in Q2 2024, and up 27.58% quarter-over-quarter from 1.24% in Q1 2025.
Freightos (CRGO) Tax Rate (2022 - 2025) Analysis & Trends
Freightos has reported Tax Rate for 4 years, with the latest figure at 0.9% in Q2 2025.
- For the quarter ending Q2 2025, Tax Rate fell 103.0% year-over-year to 0.9%; the trailing twelve-month figure through Jun 2025 stood at 3.52% (down 404.0% YoY), and the FY2025 full-year result was 0.84%, up 196.0% from the prior year.
- Tax Rate for Q2 2025 stood at 0.9%, up from 1.24% in the prior quarter.
- The five-year high for Tax Rate was 4.22% in Q4 2023, with the low at 7.06% in Q4 2024.
- Historically, Tax Rate has averaged 0.55% across 4 years, with a median of 0.82% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate soared 508 bps — and 2024, when it slumped 1128 bps.
- Freightos' Tax Rate stood at 0.87% in 2022, then jumped by 588 bps to 4.22% in 2023, then sank by 267 bps to 7.06% in 2024, then jumped by 87 bps to 0.9% in 2025.
- The last three Tax Rate figures came in at 0.9% (Q2 2025), 1.24% (Q1 2025), and 7.06% (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 89.45 Bn | 83.67 Bn | 18.44 Bn | 23.13 |
| 2 | Fedex | 77.01 Bn | 65.32 Bn | 20.49 Bn | 16.39 |
| 3 | Hunt J B Transport Services | 25.64 Bn | 25.64 Bn | 2.88 Bn | 25.16 |
| 4 | C. H. Robinson Worldwide | 22.16 Bn | 22.00 Bn | 1.50 Bn | 11.66 |
| 5 | Expeditors International Of Washington | 21.88 Bn | 20.56 Bn | 2.84 Bn | -25.96 |
| 6 | Landstar System | 7.06 Bn | 6.65 Bn | 1.16 Bn | 25.19 |
| 7 | GXO Logistics | 5.58 Bn | 4.82 Bn | 490.00 Mn | 70.59 |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -21.36 |
| 9 | Pitney Bowes | 2.55 Bn | 2.24 Bn | 375.39 Mn | 27.76 |
| 10 | Freightos | 1,500.00 | -27.89 Mn | 4.75 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -0.90% |
| Jun 30, 2025 | -0.90% |
| Mar 31, 2025 | -1.24% |
| Mar 31, 2025 | -1.24% |
| Dec 31, 2024 | -7.06% |
| Dec 31, 2024 | -7.06% |
| Sep 30, 2024 | 0.62% |
| Sep 30, 2024 | 0.62% |
| Jun 30, 2024 | 0.13% |
| Jun 30, 2024 | 0.13% |
| Mar 31, 2024 | 0.28% |
| Mar 31, 2024 | 0.28% |
| Dec 31, 2023 | 4.22% |
| Dec 31, 2023 | 4.22% |
| Sep 30, 2023 | -0.82% |
| Sep 30, 2023 | -0.82% |
| Mar 31, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.87% |
| Dec 31, 2022 | -0.87% |