GXO Logistics (GXO) Gross Margin (2020 - 2026)
GXO Logistics' Gross Margin was 14.76% in Q2 2026, up 0.03 percentage points from 14.73% a year earlier but down 0.09 percentage points from the prior quarter.
GXO Logistics (GXO) Gross Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, GXO Logistics' Gross Margin was 15.26% through Jun 30, 2026, up 0.24 percentage points year-over-year; for FY2025, it was 15.09%, down 0.77 percentage points from FY2024.
- Gross Margin shows a five-year change of -1.48 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 15.85% in FY2024 (-1.97 pp), 17.83% in FY2023 (+0.59 pp), 17.24% in FY2022 (+0.83 pp) and 16.41% in FY2021 (-0.15 pp).
- Quarterly Gross Margin has moved between 14.07% (Q1 2025) and 18.58% (Q3 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.81 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 2.04 percentage points); the worst was Q3 2024 (a drop of 3.18 percentage points).
- Per Business Quant data, GXO's Gross Margin in the three quarters before Q2 2026 was 14.86% (Q1 2026), 15.54% (Q4 2025) and 15.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.17 Bn | 165.70 Bn | - | - |
| 2 | Csx | 89.07 Bn | 85.28 Bn | - | - |
| 3 | United Parcel Service | 83.92 Bn | 60.81 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.77 Bn | 76.79 Bn | - | - |
| 5 | Norfolk Southern | 73.20 Bn | 67.84 Bn | - | - |
| 6 | Fedex | 70.35 Bn | 36.29 Bn | - | - |
| 7 | Delta Air Lines | 49.88 Bn | 32.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.98 Bn | 38.24 Bn | - | - |
| 9 | United Airlines Holdings | 31.85 Bn | -24.53 Bn | - | - |
| 10 | GXO Logistics | 5.53 Bn | 2.77 Bn | 508.00 Mn | 14.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.76% |
| Mar 31, 2026 | 14.86% |
| Dec 31, 2025 | 15.54% |
| Sep 30, 2025 | 15.85% |
| Jun 30, 2025 | 14.73% |
| Mar 31, 2025 | 14.07% |
| Dec 31, 2024 | 15.78% |
| Sep 30, 2024 | 15.39% |
| Jun 30, 2024 | 16.06% |
| Mar 31, 2024 | 16.29% |
| Dec 31, 2023 | 16.60% |
| Sep 30, 2023 | 18.58% |
| Jun 30, 2023 | 18.25% |
| Mar 31, 2023 | 17.95% |
| Dec 31, 2022 | 17.51% |
| Sep 30, 2022 | 17.58% |
| Jun 30, 2022 | 17.67% |
| Mar 31, 2022 | 16.08% |
| Dec 31, 2021 | 15.47% |
| Sep 30, 2021 | 16.36% |
GXO Logistics Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();