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XPO (LTS:0M1O) Tax Rate % : 29.63% (As of Sep. 2024)


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What is XPO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. XPO's Tax Expense for the three months ended in Sep. 2024 was $40 Mil. XPO's Pre-Tax Income for the three months ended in Sep. 2024 was $135 Mil. Therefore, XPO's Tax Rate % for the quarter that ended in Sep. 2024 was 29.63%.

XPO Tax Rate % Historical Data

The historical data trend for XPO'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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XPO Tax Rate % Chart

XPO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.93 32.93 10.28 28.68 26.15

XPO Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 26.50 25.64 25.56 -2.04 29.63

XPO Tax Rate % Calculation

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

XPO'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 )
=68/260
=26.15 %

XPO's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=40/135
=29.63 %

* 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.

XPO Tax Rate % Related Terms

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XPO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (LTS:0M1O) » Definitions » Tax Rate %
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Traded in Other Exchanges
XPO:USA UX2A:Germany
Address
Five American Lane, Greenwich, CT, USA, 06831
Website
https://www.xpo.com
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.

XPO Headlines

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