Rxo (RXO) Tax Rate (2021 - 2023)
Rxo's Tax Rate came in at -12.50% for Q2 2026, down 22.50 percentage points from 10.00% a year earlier and down 39.03 percentage points from the prior quarter.
Rxo (RXO) Tax Rate (2021 - 2023) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Rxo reported Tax Rate of 14.63%, up 9.70 percentage points year-over-year; for FY2025, it was 13.04%, up 8.44 percentage points from FY2024.
- Tax Rate carries a five-year change of -11.52 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 4.61% in FY2024, 22.69% in FY2022 (+1.22 pp) and 21.47% in FY2021 (-3.10 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate in data going back to Q3 2021.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -15.90 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2023 (a gain of 76.47 percentage points), and the weakest in Q1 2024 (a drop of 71.43 percentage points).
- Business Quant data shows RXO's Tax Rate at 26.53% (Q1 2026), 9.80% (Q4 2025) and 6.67% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 22.00% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 24.09% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 20.63% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 24.65% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 23.46% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 24.21% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 29.61% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 21.54% |
| 10 | Rxo | 4.87 Bn | 4.80 Bn | 302.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 50.00% |
| Jun 30, 2023 | 50.00% |
| Sep 30, 2022 | 13.33% |
| Jun 30, 2022 | 25.42% |
| Mar 31, 2022 | 23.53% |
| Dec 31, 2021 | 23.64% |
| Sep 30, 2021 | 13.16% |
Rxo 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=RXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=RXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();