Rxo (RXO) Gross Margin (2021 - 2026)
Rxo (RXO) posted Gross Margin of 17.02% for Q2 2026, down 4.19 percentage points from 21.21% a year earlier and down 0.80 percentage points from the prior quarter.
Rxo (RXO) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Rxo was 18.16%, down 2.02 percentage points year-over-year; for FY2025, it was 19.70%, down 1.95 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -3.81 percentage points (FY2020 to FY2025).
- In prior years, Rxo's Gross Margin was 21.65% in FY2024 (-2.80 pp), 24.45% in FY2023 (+0.01 pp), 24.44% in FY2022 (+2.94 pp) and 21.50% in FY2021 (-2.01 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin in data going back to Q3 2021.
- On a year-over-year basis, Gross Margin has declined in each of the last 13 quarters, with an average year-over-year change of -2.90 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2022, with a gain of 4.66 percentage points; the weakest was Q4 2024, with a drop of 5.43 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 17.82% (Q1 2026), 18.11% (Q4 2025) and 19.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.65 Bn | 165.18 Bn | - | - |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | - |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | - |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | - |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | - |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | - |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | - |
| 10 | Rxo | 4.88 Bn | 4.81 Bn | 302.00 Mn | 17.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.02% |
| Mar 31, 2026 | 17.82% |
| Dec 31, 2025 | 18.11% |
| Sep 30, 2025 | 19.99% |
| Jun 30, 2025 | 21.21% |
| Mar 31, 2025 | 19.54% |
| Dec 31, 2024 | 18.60% |
| Sep 30, 2024 | 22.21% |
| Jun 30, 2024 | 24.73% |
| Mar 31, 2024 | 23.44% |
| Dec 31, 2023 | 24.03% |
| Sep 30, 2023 | 23.98% |
| Jun 30, 2023 | 24.92% |
| Mar 31, 2023 | 24.85% |
| Dec 31, 2022 | 24.82% |
| Sep 30, 2022 | 24.69% |
| Jun 30, 2022 | 26.26% |
| Mar 31, 2022 | 22.18% |
| Dec 31, 2021 | 20.80% |
| Sep 30, 2021 | 20.03% |
Rxo Gross Margin 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=gross-margin&ticker=RXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();