GXO Logistics (GXO) Gross Margin (2020 - 2026)
GXO Logistics (GXO) recorded quarterly Gross Margin of 14.86% in Q1 2026, down 4.39% quarter-over-quarter from 15.54% in Q4 2025, and up 78.0% on a YoY basis from 8.35% in Q1 2025.
GXO Logistics (GXO) Gross Margin (2020 - 2026) Analysis & Trends
GXO Logistics' Gross Margin history runs 7 years deep, the most recent figure standing at 14.86% for Q1 2026.
- In Q1 2026, Gross Margin rose 78.0% year-over-year to 14.86%; the TTM figure through Mar 2026 stood at 15.25% (down 8.0% YoY), while the FY2025 annual figure was 15.09%, down 77.0% from the prior year.
- Gross Margin was 14.86% for Q1 2026 at GXO Logistics, down from 15.54% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 18.58% in Q3 2023 to a low of 14.07% in Q1 2025.
- Historically, Gross Margin has averaged 16.4% across 5 years, with a median of 16.08% in 2022.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 204 bps in 2022, then sank 318 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 17.51% in 2022, then dropped by 5 bps to 16.6% in 2023, then declined by 5 bps to 15.78% in 2024, then retreated by 2 bps to 15.54% in 2025, then slipped by 4 bps to 14.86% in 2026.
- The last three Gross Margin figures came in at 14.86% (Q1 2026), 15.54% (Q4 2025), and 15.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 86.96% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 85.38% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 94.27% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 37.30% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 99.58% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 98.74% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 14.86% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 24.36% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 78.63% |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | 45.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 17.43% |