Xos (XOS) Tax Rate (2021)
Xos' Tax Rate was -0.39% in Q2 2026, down 0.22 percentage points from -0.17% a year earlier.
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Analysis
Xos (XOS) Tax Rate (2021) Analysis & Trends
On a trailing twelve-month basis, Xos' Tax Rate was -0.17% through Jun 30, 2026, down 0.06 percentage points year-over-year; for FY2025, it was -0.09%, down 0.02 percentage points from FY2024.
- Tax Rate has now declined for four consecutive years, with a four-year change of -0.10 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was -0.07% in FY2024 (-0.05 pp), -0.03% in FY2023 (-0.02 pp), -0.01% in FY2022 (-0.02 pp) and 0.01% in FY2021.
- The Q2 2026 figure marks the lowest quarterly Tax Rate in data going back to Q4 2021.
- The year-over-year drop in Tax Rate has ranged between 0.00 percentage points (Q2 2023) and 0.22 percentage points (Q2 2026) over the last five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Xos | 44.98 Mn | -5.19 Mn | 573,000.00 | - |
API Access
Xos 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=XOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "XOS", "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=XOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();