1940 Xavier Musketeers football team

The 1940 Xavier Musketeers football team was an American football team that represented Xavier University as an independent during the 1940 college football season. In its sixth season under head coach Clem Crowe, the team compiled a 7–3 record and outscored opponents by a total of 105 to 82.

Xavier was ranked No. 124 (out of 697 college football teams) in the final rankings under the Litkenhous Difference by Score system for 1940.