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
DateValue
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%