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QXO, Inc. logo

QXO, Inc.

QXO

NYSEIndustrialsIndustrial - Distribution

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Regular session

$13.455

−$0.305 · -2.22%

Aug 24, 3:28 PM ET

QXO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

23

Expensive

Momentum

29

Weakening

Sentiment

62

Bullish

Risk resilience

28

High Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. It plans to become tech-enabled in the building products distribution industry and generate outsized value for shareholders. The company was founded on October 3, 2002, and is headquartered in Greenwich, CT.

Industry
Industrial - Distribution
Sector
Industrials
Headquarters
US
CEO
Bradley S. Jacobs
Listed since
Apr 17, 2012
Employees
7,794

Market position

Day range

Current $13.455

52-week range

Current $13.455

Open
$13.72
Previous close
$13.76
Volume
8.93M
0.42× average
Average volume
21.15M
Average daily volume
Market cap
13.96B USD
Beta
2.3
Market reference 1
50-day average
$15.2324
-11.67% below average
200-day average
$19.3144
-30.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
13.38B USD
P/E (TTM)
-16.18×
P/B (TTM)
0.99×
P/S (TTM)
1.41×
EV / EBITDA
51.55×
Earnings yield
-2.36%
Free cash flow yield
1.55%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
19.17%
Operating margin
-2.27%
Net margin
-5.17%
Return on equity
-2.88%
Return on assets
-1.76%
Return on invested capital
-0.33%

Financial health

Debt / equity
0.68×
Current ratio
3.58×
Altman Z-score
1.46
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends67%-3%-73%-142%Gross margin, FY2021: 41.26%Gross margin, FY2022: 39.93%Gross margin, FY2023: 39.65%Gross margin, FY2024: 40.32%Gross margin, FY2025: 16.80%Operating margin, FY2021: -0.55%Operating margin, FY2022: -0.86%Operating margin, FY2023: -2.40%Operating margin, FY2024: -124.84%Operating margin, FY2025: -0.83%Net margin, FY2021: -0.32%Net margin, FY2022: -0.63%Net margin, FY2023: -1.96%Net margin, FY2024: 49.18%Net margin, FY2025: -4.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 41.26%. Gross margin FY2022 39.93%. Gross margin FY2023 39.65%. Gross margin FY2024 40.32%. Gross margin FY2025 16.80%. Operating margin FY2021 -0.55%. Operating margin FY2022 -0.86%. Operating margin FY2023 -2.40%. Operating margin FY2024 -124.84%. Operating margin FY2025 -0.83%. Net margin FY2021 -0.32%. Net margin FY2022 -0.63%. Net margin FY2023 -1.96%. Net margin FY2024 49.18%. Net margin FY2025 -4.08%.

Income trends

Revenue

6.84B USD+11930.66%

Operating income

−57M USD+19.72%

Net income

−279.4M USD−307.37M USD
Income trends across reported periods7.55B USD4.71B USD1.86B USD−991.56M USDRevenue, FY2021: 41.7M USDRevenue, FY2022: 44.99M USDRevenue, FY2023: 54.52M USDRevenue, FY2024: 56.87M USDRevenue, FY2025: 6.84B USDOperating income, FY2021: −230.99K USDOperating income, FY2022: −385.38K USDOperating income, FY2023: −1.31M USDOperating income, FY2024: −71M USDOperating income, FY2025: −57M USDNet income, FY2021: −134.43K USDNet income, FY2022: −282.22K USDNet income, FY2023: −1.07M USDNet income, FY2024: 27.97M USDNet income, FY2025: −279.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 41.7M USD. Revenue FY2022 44.99M USD. Revenue FY2023 54.52M USD. Revenue FY2024 56.87M USD. Revenue FY2025 6.84B USD. Operating income FY2021 −230.99K USD. Operating income FY2022 −385.38K USD. Operating income FY2023 −1.31M USD. Operating income FY2024 −71M USD. Operating income FY2025 −57M USD. Net income FY2021 −134.43K USD. Net income FY2022 −282.22K USD. Net income FY2023 −1.07M USD. Net income FY2024 27.97M USD. Net income FY2025 −279.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.84B USD56.87M USD54.52M USD44.99M USD41.7M USD
Cost of goods sold5.69B USD33.94M USD32.9M USD27.02M USD24.49M USD
Gross profit1.15B USD22.93M USD21.61M USD17.96M USD17.21M USD
Selling, general, and administrative1.21B USD90.18M USD19.11M USD17.4M USD16.56M USD
Operating expenses1.21B USD93.93M USD22.93M USD18.35M USD17.44M USD
Interest income125.8M USD121.87M USD———
Interest expense173.5M USD60K USD55.67K USD89.02K USD46.8K USD
Depreciation and amortization423.1M USD1.12M USD1M USD1.76M USD1.39M USD
Operating income−57M USD−71M USD−1.31M USD−385.38K USD−230.99K USD
Net income−279.4M USD27.97M USD−1.07M USD−282.22K USD−134.43K USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
6 beats, 4 misses, 0 met estimates
Average EPS surprise
-3.03%
10 comparable reports
Latest EPS result
0.08
Estimate 0.08 · Beat by 1.74%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.190.07-0.04-0.16Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual -0.02, estimate -0.05, surprise +60.00%, Beat. Q2 2025, reported May 8, 2025: actual -0.03, estimate -0.05, surprise +40.00%, Beat. Q3 2025, reported Aug 14, 2025: actual 0.11, estimate 0.04, surprise +175.00%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.14, estimate 0.12, surprise +16.67%, Beat. Q1 2026, reported Feb 25, 2026: actual 0.02, estimate 0.02, surprise +1.94%, Beat. Q2 2026, reported May 12, 2026: actual -0.12, estimate -0.096, surprise -24.79%, Miss. Q3 2026, reported Aug 13, 2026: actual 0.08, estimate 0.079, surprise +1.74%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.27B3.52B1.76B11.05MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual 14.74M USD, estimate 14M USD, surprise +5.31%, Beat. Q2 2025, reported May 8, 2025: actual 13.51M USD, estimate 13M USD, surprise +3.91%, Beat. Q3 2025, reported Aug 14, 2025: actual 1.91B USD, estimate 2.78B USD, surprise -31.33%, Miss. Q4 2025, reported Nov 6, 2025: actual 2.73B USD, estimate 2.19B USD, surprise +24.55%, Beat. Q1 2026, reported Feb 25, 2026: actual 2.19B USD, estimate 2.19B USD, surprise +0.29%, Beat. Q2 2026, reported May 12, 2026: actual 1.73B USD, estimate 1.73B USD, surprise +0.05%, Beat. Q3 2026, reported Aug 13, 2026: actual 3.25B USD, estimate 3.18B USD, surprise +2.11%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 4.88B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$27.60

105.13% upside
Past 12 months12-month forecastHigh $32.00Average $27.60Low $18.00

Rating distribution

7 ratings
Strong buy00%
Buy7100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

7 institutions
Stephens & Co.maintainOverweight
BairdmaintainOutperform

QXO news

businesswire.com

QXO Appoints Ken West as President and Chief Operating Officer

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO), today announced the appointment of Ken West as President and Chief Operating Officer, effective September 1, 2026. West will report to Chief Executive Officer…

Read source
zacks.com

QXO, Inc. (QXO) Misses Q2 Earnings Estimates

QXO, Inc. (QXO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.11 per share a year ago.

Read source
businesswire.com

QXO Reports Second Quarter 2026 Results

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today reported financial results for the second quarter of 2026. For the three months ended June 30, 2026, basic and diluted loss per…

Read source
fool.com

Why QXO, Inc. Fell Over 20% in July

The building materials distribution giant closed on its largest-ever acquisition. The acquiree's shareholders overwhelmingly opted for cash in lieu of QXO shares, perhaps signaling a lack of confidence.

Read source
gurufocus.com

Baillie Gifford Expands QXO Inc (QXO) Stake -- Shares Trade Near GF Value

On June 30, 2026, Baillie Gifford (Trades, Portfolio) executed a significant addition to its position in QXO Inc (QXO), purchasing 34,243,647 shares at a traded

Read source
zacks.com

Earnings Preview: QXO, Inc. (QXO) Q2 Earnings Expected to Decline

QXO INC (QXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$26.1872

2024 complete year+6446.8% since 2019

Corporate action history

Dividend

Ex-dividend Jun 5, 2024

$3.2734

Special

Record Jun 5, 2024 · Payment Jun 12, 2024

Dividend

Ex-dividend Aug 17, 2023

$0.20

Special

Record Aug 18, 2023 · Payment Aug 25, 2023

Dividend

Ex-dividend Jul 8, 2021

$0.60

Special

Record Jul 9, 2021 · Payment Jul 16, 2021

Dividend

Ex-dividend Dec 18, 2020

$0.40

Special

Record Dec 21, 2020 · Payment Dec 28, 2020

Dividend

Ex-dividend Jan 6, 2020

$0.50

Special

Record Jan 7, 2020 · Payment Jan 14, 2020

Dividend

Ex-dividend Jan 4, 2019

$0.05

Annual

Record Jan 7, 2019 · Payment Jan 14, 2019

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ETFs holding QXO

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
417.08M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.31-0.25%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
300.94M
Weight
0.16%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$302.99-0.58%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
174.29M
Weight
0.39%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$354.92-1.04%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
126.98M
Weight
0.13%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.6-0.79%
iShares Russell Mid-Cap ETF logoiShares Russell Mid-Cap ETFIWR
Market value
53.79M
Weight
0.09%
AUM
57.66B USD
Expense ratio
0.18%
Price / 1D
$113-0.39%
Alger Concentrated Equity ETF logoAlger Concentrated Equity ETFCNEQ
Market value
46.24M
Weight
2.44%
AUM
1.12B USD
Expense ratio
0.56%
Price / 1D
$39.045-1.38%
Schwab U.S. Mid-Cap ETF logoSchwab U.S. Mid-Cap ETFSCHM
Market value
31.57M
Weight
0.21%
AUM
15.12B USD
Expense ratio
0.03%
Price / 1D
$35.825-0.93%
iShares Preferred and Income Securities ETF logoiShares Preferred and Income Securities ETFPFF
Market value
29.92M
Weight
0.23%
AUM
13.06B USD
Expense ratio
0.45%
Price / 1D
$30.515+0.18%

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