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) Net margin

Alert me on Net margin

QXO, Inc.'s net margin over the twelve months to 30 June 2026 was −6.63%, down 1.0 percentage points from fiscal 2025 (−5.68%). Over the past ten years it has ranged from −40.4% (fiscal 2024) to 17.7% (fiscal 2019); the current reading is higher than 18% of that period. That is below the Industrial Distribution industry median of 4.55% and below the Industrials sector median of 2.52%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −5.68% 34.74
FY2024 −40.4% (38.46)
FY2023 −1.96% (1.33)
FY2022 −0.63% (0.31)
FY2021 −0.32% (0.75)
FY2020 0.43% (17.22)
FY2019 17.7% 16.92
FY2018 0.73% 2.13
FY2017 −1.40% (11.47)
FY2016 10.1% 8.72

Quarterly newest first

Period Net margin Change (points)
Jun 2026 −3.36% 11.52
Mar 2026 −14.9% (9.42)
Dec 2025 −5.46% 0.76
Sep 2025 −6.22% (1.76)
42 more quarters

Against its own ten years

Low −40.4% High 17.7%
Ten-year median −0.32%
Current reading's percentile 14

Net margin against peers

Company Net margin
AIT Applied Industrial Technologies, Inc. compare 8.38%
POOL Pool Corporation compare 7.23%
WSO.B Watsco, Inc. compare 6.06%
CNM Core & Main, Inc. compare 5.96%
WSO Watsco, Inc. compare 5.86%
MSM MSC Industrial Direct Company, Inc. compare 5.55%
WCC WESCO International, Inc. compare 3.06%
XMTR Xometry, Inc. compare −1.97%
QXO QXO, Inc. −6.63%
Industrial Distribution industry median 4.55%
Industrials sector median 2.52%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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