GXO Logistics (GXO) Gross Margin (2020 - 2026)
GXO Logistics (GXO) posted Gross Margin of 14.76% for Q2 2026, down 0.63% on a QoQ basis from 14.86% in Q1 2026, and up 3.0% year-over-year from 14.33% in Q2 2025.
Analysis
GXO Logistics (GXO) Gross Margin (2020 - 2026) Analysis & Trends
GXO Logistics has reported Gross Margin for 7 years, with the latest figure at 14.76% in Q2 2026.
- On a quarterly basis, Gross Margin rose 3.0% year-over-year to 14.76% in Q2 2026; TTM through Jun 2026 was 15.26%, a 24.0% increase from a year earlier, with the FY2025 full-year figure at 15.09%, down 77.0% from the prior year.
- Gross Margin was 14.76% for Q2 2026 at GXO Logistics, down from 14.86% in the prior quarter.
- The five-year high for Gross Margin was 18.58% in Q3 2023, with the low at 14.07% in Q1 2025.
- Average Gross Margin over 5 years is 16.31%, with a median of 16.07% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 204 bps in 2022, then plunged 318 bps in 2024.
- Over 5 years, Gross Margin stood at 17.51% in 2022, then declined by 5 bps to 16.6% in 2023, then fell by 5 bps to 15.78% in 2024, then decreased by 2 bps to 15.54% in 2025, then retreated by 5 bps to 14.76% in 2026.
- The last three Gross Margin figures came in at 14.76% (Q2 2026), 14.86% (Q1 2026), and 15.54% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 28.74 Bn | 25.39 Bn | 732.88 Mn | 59.24% |
| 2 | Expeditors International Of Washington | 24.78 Bn | 23.75 Bn | 1.09 Bn | 30.99% |
| 3 | C. H. Robinson Worldwide | 18.07 Bn | 17.92 Bn | 1.11 Bn | 22.41% |
| 4 | Rb Global | 14.96 Bn | 14.44 Bn | 935.50 Mn | 71.03% |
| 5 | Ryder System | 9.29 Bn | 9.29 Bn | 1.45 Bn | 43.35% |
| 6 | Landstar System | 5.89 Bn | 5.55 Bn | 308.86 Mn | 21.56% |
| 7 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 14.76% |
| 8 | Rxo | 3.30 Bn | 3.28 Bn | 302.00 Mn | 17.02% |
| 9 | Hub | 2.14 Bn | 1.99 Bn | 250.84 Mn | 26.84% |
| 10 | Cryoport | 770.01 Mn | 373.32 Mn | 22.82 Mn | 46.61% |
Historic Data
Download Data
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% |