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 89.45 Bn 83.67 Bn 18.44 Bn 23.13
2 Fedex 77.01 Bn 65.32 Bn 20.49 Bn 16.39
3 Hunt J B Transport Services 25.64 Bn 25.64 Bn 2.88 Bn 25.16
4 C. H. Robinson Worldwide 22.16 Bn 22.00 Bn 1.50 Bn 11.66
5 Expeditors International Of Washington 21.88 Bn 20.56 Bn 2.84 Bn -25.96
6 Landstar System 7.06 Bn 6.65 Bn 1.16 Bn 25.19
7 GXO Logistics 5.58 Bn 4.82 Bn 490.00 Mn 70.59
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -21.36
9 Pitney Bowes 2.55 Bn 2.24 Bn 375.39 Mn 27.76
10 Cryoport 751.96 Mn 348.33 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%