GXO Logistics (GXO) Tax Rate (2020 - 2026)
GXO Logistics (GXO) posted Tax Rate of 43.75% for Q2 2026, down 38.02% on a QoQ basis from 70.59% in Q1 2026, and up 887.0% year-over-year from 4.43% in Q2 2025.
GXO Logistics (GXO) Tax Rate (2020 - 2026) Analysis & Trends
GXO Logistics has reported Tax Rate for 7 years, with the latest figure at 43.75% in Q2 2026.
- On a quarterly basis, Tax Rate rose 887.0% year-over-year to 43.75% in Q2 2026; TTM through Jun 2026 was 38.36%, a 1476.0% increase from a year earlier, with the FY2025 full-year figure at 65.38%, up 5991.0% from the prior year.
- Tax Rate was 43.75% for Q2 2026 at GXO Logistics, down from 70.59% in the prior quarter.
- The five-year high for Tax Rate was 70.59% in Q1 2026, with the low at 7.35% in Q4 2023.
- Average Tax Rate over 5 years is 23.11%, with a median of 22.67% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 9670 bps in 2022, then plunged 2939 bps in 2023.
- Over 5 years, Tax Rate stood at 22.03% in 2022, then tumbled by 133 bps to 7.35% in 2023, then jumped by 58 bps to 3.09% in 2024, then jumped by 1227 bps to 34.85% in 2025, then rose by 26 bps to 43.75% in 2026.
- The last three Tax Rate figures came in at 43.75% (Q2 2026), 70.59% (Q1 2026), and 34.85% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 27.11 Bn | 23.77 Bn | 732.88 Mn | 20.06% |
| 2 | Expeditors International Of Washington | 24.83 Bn | 23.80 Bn | 1.09 Bn | 25.44% |
| 3 | C. H. Robinson Worldwide | 17.92 Bn | 17.76 Bn | 1.11 Bn | 21.47% |
| 4 | Rb Global | 15.40 Bn | 14.87 Bn | 935.50 Mn | 22.80% |
| 5 | Ryder System | 9.14 Bn | 9.14 Bn | 1.45 Bn | 28.11% |
| 6 | Landstar System | 5.78 Bn | 5.43 Bn | 308.86 Mn | 25.17% |
| 7 | GXO Logistics | 5.27 Bn | 4.53 Bn | 508.00 Mn | 43.75% |
| 8 | Rxo | 3.34 Bn | 3.32 Bn | 302.00 Mn | -12.50% |
| 9 | Hub | 1.98 Bn | 1.89 Bn | 250.84 Mn | 24.90% |
| 10 | Cryoport | 862.04 Mn | 465.34 Mn | 22.82 Mn | -6.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.75% |
| Mar 31, 2026 | 70.59% |
| Dec 31, 2025 | 34.85% |
| Sep 30, 2025 | 31.82% |
| Jun 30, 2025 | 34.88% |
| Mar 31, 2025 | -2.15% |
| Dec 31, 2024 | -3.09% |
| Sep 30, 2024 | 16.67% |
| Jun 30, 2024 | 26.42% |
| Mar 31, 2024 | 21.74% |
| Dec 31, 2023 | -7.35% |
| Sep 30, 2023 | 18.07% |
| Jun 30, 2023 | 23.26% |
| Mar 31, 2023 | 10.34% |
| Dec 31, 2022 | 22.03% |
| Sep 30, 2022 | 22.89% |
| Jun 30, 2022 | 28.77% |
| Mar 31, 2022 | 22.45% |
| Dec 31, 2021 | 18.57% |
| Sep 30, 2021 | -73.81% |
GXO Logistics Tax Rate 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=tax-rate&ticker=GXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();