QXO, Inc.

QXO Industrials Industrial Distribution

QXO, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 11,925.0% from fiscal 2024.

Revenue
+70.3%
EPS
+6.67%
Free cash flow
−27.6%
Total debt
+82.0%

Quarter to June 2026, against a year earlier

11.66 1.00 −7.90%
Market cap
$12.1B
P/E
0.0×
Fwd P/E
−17.1×
Dividend yield
0.00%
F-score
3/9
Altman Z
1.79
Beneish M
247.71
Dividend safety
n/a

QXO, Inc. (QXO) Free cash flow margin

Alert me on Free cash flow margin

QXO, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 1.43%, down 1.2 percentage points from fiscal 2025 (2.68%). Over the past ten years it has ranged from −2.74% (fiscal 2019) to 148.9% (fiscal 2024); the current reading is higher than 55% of that period. That is below the Industrial Distribution industry median of 4.24% and below the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 2.68% (146.18)
FY2024 148.9% 148.52
FY2023 0.34% (3.77)
FY2022 4.11% 3.84
FY2021 0.27% (3.62)
FY2020 3.89% 6.63
FY2019 −2.74% (0.90)
FY2018 −1.84% (6.12)
FY2017 4.28% 0.48
FY2016 3.80% 3.10

Against its own ten years

Low −2.74% High 148.9%
Ten-year median 2.68%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
WSO.B Watsco, Inc. compare 9.57%
WSO Watsco, Inc. compare 8.96%
AIT Applied Industrial Technologies, Inc. compare 8.36%
CNM Core & Main, Inc. compare 8.16%
POOL Pool Corporation compare 8.11%
MSM MSC Industrial Direct Company, Inc. compare 5.64%
WCC WESCO International, Inc. compare 1.60%
QXO QXO, Inc. 1.43%
XMTR Xometry, Inc. compare −2.20%
Industrial Distribution industry median 4.24%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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