Xpo (XPO) Tax Rate (2010 - 2026)
Xpo (XPO) posted Tax Rate of 25.69% for Q2 2026, down 0.19 percentage points from 25.87% a year earlier but up 7.14 percentage points from the prior quarter.
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Analysis
Xpo (XPO) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Xpo was 25.87%, down 0.72 percentage points year-over-year; for FY2025, it was 27.69%, up 9.51 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -5.24 percentage points (FY2020 to FY2025).
- In prior years, Xpo's Tax Rate was 18.18% in FY2024 (-7.97 pp), 26.15% in FY2023 (-2.53 pp), 28.68% in FY2022 (+18.40 pp) and 10.28% in FY2021 (-22.65 pp).
- Quarterly Tax Rate has run from a low of -28.57% in Q4 2022 to a high of 35.16% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +3.82 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2023, with a gain of 54.21 percentage points; the weakest was Q4 2022, with a drop of 61.24 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 18.55% (Q1 2026), 35.16% (Q4 2025) and 26.79% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.65 Bn | 165.18 Bn | - | 22.00% |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | 24.09% |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | 20.63% |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | 24.65% |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | 23.46% |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | 24.21% |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | 29.61% |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | 21.54% |
| 10 | Xpo | 22.07 Bn | 20.89 Bn | - | 25.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.69% |
| Mar 31, 2026 | 18.55% |
| Dec 31, 2025 | 35.16% |
| Sep 30, 2025 | 26.79% |
| Jun 30, 2025 | 25.87% |
| Mar 31, 2025 | 24.18% |
| Dec 31, 2024 | 25.74% |
| Sep 30, 2024 | 29.63% |
| Mar 31, 2024 | 25.56% |
| Dec 31, 2023 | 25.64% |
| Sep 30, 2023 | 26.50% |
| Jun 30, 2023 | 29.55% |
| Mar 31, 2023 | 19.05% |
| Sep 30, 2022 | 22.69% |
| Jun 30, 2022 | 24.41% |
| Mar 31, 2022 | 20.00% |
| Sep 30, 2021 | 34.38% |
| Jun 30, 2021 | 20.98% |
| Mar 31, 2021 | 23.17% |
| Sep 30, 2020 | 45.59% |
API Access
Xpo 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=XPO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "XPO", "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=XPO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();