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GXO Logistics (STU:93N) Tax Rate % : 21.74% (As of Mar. 2024)


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What is GXO Logistics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GXO Logistics's Tax Expense for the three months ended in Mar. 2024 was €-9 Mil. GXO Logistics's Pre-Tax Income for the three months ended in Mar. 2024 was €-42 Mil. Therefore, GXO Logistics's Tax Rate % for the quarter that ended in Mar. 2024 was 21.74%.


GXO Logistics Tax Rate % Historical Data

The historical data trend for GXO Logistics's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GXO Logistics Tax Rate % Chart

GXO Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 31.36 -266.67 -5.23 24.24 12.41

GXO Logistics Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.34 23.26 18.07 -7.35 21.74

GXO Logistics Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GXO Logistics's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=30.261/243.922
=12.41 %

GXO Logistics's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=-9.2/-42.32
=21.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GXO Logistics Tax Rate % Related Terms

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GXO Logistics (STU:93N) Business Description

Traded in Other Exchanges
Address
Two American Lane, Greenwich, CT, USA, 06831
GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.

GXO Logistics (STU:93N) Headlines

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