GXO Logistics (GXO) Tax Rate (2020 - 2026)
GXO Logistics' Tax Rate was 43.75% in Q2 2026, up 8.87 percentage points from 34.88% a year earlier but down 26.84 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 38.36% through Jun 30, 2026, up 14.76 percentage points year-over-year; for FY2025, it came in at 65.38%, up 59.91 percentage points from FY2024.
- Tax Rate shows a five-year change of +332.05 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 5.48% in FY2024 (-6.93 pp), 12.41% in FY2023 (-11.84 pp), 24.24% in FY2022 (+29.47 pp) and -5.23% in FY2021 (+261.44 pp).
- Quarterly Tax Rate has moved between -73.81% (Q3 2021) and 70.59% (Q1 2026) over five years.
- Compared with a year earlier, Tax Rate has increased for five straight quarters, with an average year-over-year change of +15.27 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2022 (a gain of 96.70 percentage points); the worst was Q3 2021 (a drop of 120.32 percentage points).
- Per Business Quant data, GXO's Tax Rate in the three quarters before Q2 2026 was 70.59% (Q1 2026), 34.85% (Q4 2025) and 31.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 173.89 Bn | 166.14 Bn | - | 23.84% |
| 2 | Csx | 94.27 Bn | 89.49 Bn | - | 23.99% |
| 3 | United Parcel Service | 86.13 Bn | 63.03 Bn | - | 20.63% |
| 4 | Canadian Pacific Kansas City | 79.52 Bn | 78.54 Bn | - | 24.65% |
| 5 | Norfolk Southern | 74.18 Bn | 68.65 Bn | - | 23.10% |
| 6 | Fedex | 71.02 Bn | 36.96 Bn | - | 24.21% |
| 7 | Delta Air Lines | 50.26 Bn | 32.44 Bn | - | 29.61% |
| 8 | Old Dominion Freight Line | 38.08 Bn | 37.35 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 31.84 Bn | -25.85 Bn | - | 21.51% |
| 10 | GXO Logistics | 5.56 Bn | 2.81 Bn | 508.00 Mn | 43.75% |
Historic Data
Download Data
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% |
| 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();