GXO Logistics (GXO) Tax Rate (2020 - 2026)
GXO Logistics' Tax Rate was 9.72% in Q3 2026, down 22.10 percentage points from 31.82% a year earlier and down 34.03 percentage points from the prior quarter.
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Analysis
GXO Logistics (GXO) Tax Rate (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, GXO Logistics' Tax Rate was 31.03% through Sep 30, 2026, down 0.08 percentage points year-over-year; for FY2025, it came in at 65.38%, up 59.91 percentage points from FY2024.
- Tax Rate shows a three-year change of +41.14 percentage points (FY2022 to FY2025).
- In earlier years, Tax Rate was 5.48% in FY2024 (-6.93 pp), 12.41% in FY2023 (-11.84 pp) and 24.24% in FY2022.
- The Q3 2026 figure marks the lowest quarterly Tax Rate since Q2 2021.
- Compared with a year earlier, Tax Rate was higher in three of the last four quarters, with an average year-over-year change of +2.60 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2022 (a gain of 22.10 percentage points); the worst was Q3 2026 (a drop of 22.10 percentage points).
- Per Business Quant data, GXO's Tax Rate in the three quarters before Q3 2026 was 43.75% (Q2 2026), 70.59% (Q1 2026) and 34.85% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 23.84% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 25.97% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 23.99% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 32.84% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 24.21% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 23.10% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 29.61% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 21.51% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 24.45% |
| 10 | GXO Logistics | 6.29 Bn | 3.53 Bn | 526.00 Mn | 9.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.72% |
| 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% |
| Sep 30, 2024 | 16.67% |
| Jun 30, 2024 | 26.42% |
| 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% |
| Jun 30, 2021 | 6.67% |
| Mar 31, 2021 | 34.62% |
| Dec 31, 2020 | 31.82% |
| Sep 30, 2020 | 46.51% |
API Access
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_KEYimport 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();