GXO Logistics (GXO) Tax Rate (2020 - 2026)
GXO Logistics (GXO) recorded quarterly Tax Rate of 70.59% in Q1 2026, up 102.56% quarter-over-quarter from 34.85% in Q4 2025, and up 7274.0% on a YoY basis from 0.96% in Q1 2025.
GXO Logistics (GXO) Tax Rate (2020 - 2026) Analysis & Trends
GXO Logistics' Tax Rate history runs 7 years deep, the most recent figure standing at 70.59% for Q1 2026.
- In Q1 2026, Tax Rate rose 7274.0% year-over-year to 70.59%; the TTM figure through Mar 2026 stood at 36.45% (up 1625.0% YoY), while the FY2025 annual figure was 65.38%, up 5991.0% from the prior year.
- Tax Rate was 70.59% for Q1 2026 at GXO Logistics, up from 34.85% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 70.59% in Q1 2026 to a low of 7.35% in Q4 2023.
- Historically, Tax Rate has averaged 21.89% across 5 years, with a median of 22.45% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 9670 bps in 2022, then sank 2939 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 22.03% in 2022, then plunged by 133 bps to 7.35% in 2023, then soared by 58 bps to 3.09% in 2024, then soared by 1227 bps to 34.85% in 2025, then jumped by 103 bps to 70.59% in 2026.
- The last three Tax Rate figures came in at 70.59% (Q1 2026), 34.85% (Q4 2025), and 31.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 23.13% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 16.39% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 25.16% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 11.66% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | -25.96% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 25.19% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 70.59% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -21.36% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 27.76% |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | -1.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.59% |
| Mar 31, 2026 | 70.59% |
| Dec 31, 2025 | 34.85% |
| Dec 31, 2025 | 34.85% |
| Sep 30, 2025 | 31.82% |
| Sep 30, 2025 | 31.82% |
| Jun 30, 2025 | 34.88% |
| Jun 30, 2025 | 34.88% |
| Mar 31, 2025 | -2.15% |
| Mar 31, 2025 | -2.15% |
| Dec 31, 2024 | -3.09% |
| Dec 31, 2024 | -3.09% |
| Sep 30, 2024 | 16.67% |
| Sep 30, 2024 | 16.67% |
| Jun 30, 2024 | 26.42% |
| Jun 30, 2024 | 26.42% |
| Mar 31, 2024 | 21.74% |
| Mar 31, 2024 | 21.74% |
| Dec 31, 2023 | -7.35% |
| Dec 31, 2023 | -7.35% |