QXO, Inc. (QXO) Financial Ratios
22 years of historical data (2004–2025) · Technology · Software - Application
EV/EBITDA
↓
38.93
↓-100% vs avg
5yr avg: 40633.53
30Y Low38.1·High38.1
P/FCF
↓
66.26
↓-100% vs avg
5yr avg: 187118.56
30Y Low64.5·High92.2
P/B Ratio
↓
1.06
↓-100% vs avg
5yr avg: 4407.00
30Y Low1.2·High60.8
ROE
↓
-3.8%
↓+5% vs avg
5yr avg: -4.0%
30Y Low-13%·High105%
Debt/EBITDA
↑
12.23
↑+130% vs avg
5yr avg: 5.31
30Y Low0.4·High12.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
QXO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
QXO, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 66.3x P/FCF, 100% below the 5-year average of 187118.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.1B | $11.8B | $6.5B | $45.0B | $61.2B | $89.9B | $51.5B | $78.3B | $41.8B | $76.0B | $53.7B |
| Enterprise Value | $14.3B | $13.9B | $6.5B | $45.0B | $61.2B | $89.9B | $51.5B | $78.3B | $41.8B | $76.0B | $53.7B |
| P/E Ratio → | -26.57 | — | — | — | — | — | 590.45 | — | 315.91 | — | 31.22 |
| P/S Ratio | 1.77 | 1.73 | 114.06 | 825.35 | 1359.96 | 2155.14 | 1249.25 | 2034.01 | 1156.55 | 2179.33 | 1573.20 |
| P/B Ratio | 1.06 | 1.22 | 1.28 | 6022.79 | 6404.54 | 9605.16 | 7073.46 | 8804.55 | 9634.05 | 17967.74 | 10799.26 |
| P/FCF | 66.26 | 64.55 | 76.52 | 97183.17 | 30594.47 | 807674.08 | 32097.59 | — | 46564.05 | 48898.01 | 41374.37 |
| P/OCF | 46.44 | 45.24 | 76.42 | 77047.62 | 30012.98 | 397605.31 | 29781.23 | — | 32254.80 | 32897.26 | 29919.74 |
P/E links to full P/E history page with 30-year chart
QXO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
QXO, Inc.'s enterprise value stands at 38.9x EBITDA, 100% below its 5-year average of 40633.5x. The Technology sector median is 16.6x, placing the stock at a 134% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.04 | 113.97 | 825.29 | 1359.84 | 2155.03 | 1249.16 | 2033.84 | 1156.54 | 2179.28 | 1573.18 |
| EV / EBITDA | 38.93 | 38.08 | — | — | 44636.95 | 77225.58 | 38272.44 | — | — | 48701.28 | 27500.07 |
| EV / EBIT | — | — | 127.41 | — | — | 994409.73 | 217578.84 | — | — | 80864.29 | 42356.43 |
| EV / FCF | — | 76.09 | 76.45 | 97175.56 | 30591.66 | 807633.39 | 32095.38 | — | 46563.81 | 48896.99 | 41373.85 |
QXO Profitability
Margins and return-on-capital ratios measuring operating efficiency
QXO, Inc. earns an operating margin of -0.8%. Operating margins have expanded from -2.4% to -0.8% over the past 3 years, signaling improving operational efficiency. A negative ROE of -3.8% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.8% | 16.8% | 40.3% | 39.6% | 39.9% | 41.3% | 40.2% | 38.1% | 36.6% | 38.0% | 35.3% |
| Operating Margin | -0.8% | -0.8% | -124.8% | -2.4% | -0.9% | -0.6% | 0.5% | -5.0% | -3.2% | 2.7% | 3.7% |
| Net Profit Margin | -4.1% | -4.1% | 49.2% | -2.0% | -0.6% | -0.3% | 0.4% | 17.6% | 0.7% | -1.4% | 10.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -3.8% | -3.8% | 1.1% | -12.6% | -3.0% | -1.6% | 2.2% | 102.7% | 6.1% | -10.6% | 105.3% |
| ROA | -2.7% | -2.7% | 1.1% | -5.1% | -1.4% | -0.8% | 1.0% | 44.3% | 2.4% | -4.6% | 35.9% |
| ROIC | -0.5% | -0.5% | -2.1% | -24.9% | -6.6% | -4.1% | 5.4% | -43.4% | -25.7% | 20.3% | 31.0% |
| ROCE | -0.6% | -0.6% | -2.8% | -13.3% | -3.6% | -2.3% | 2.3% | -24.1% | -23.0% | 18.6% | 29.9% |
QXO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
QXO, Inc. carries a Debt/EBITDA ratio of 12.2x, which is highly leveraged (316% above the sector average of 2.9x). Net debt stands at $2.1B ($4.5B total debt minus $2.4B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.46 | 0.46 | 0.00 | 0.35 | 0.25 | 0.24 | 0.42 | 0.25 | 0.39 | 0.15 | 0.19 |
| Debt / EBITDA | 12.23 | 12.23 | — | — | 1.75 | 1.97 | 2.26 | — | — | 0.42 | 0.49 |
| Net Debt / Equity | — | 0.22 | -0.00 | -0.47 | -0.59 | -0.48 | -0.49 | -0.72 | -0.05 | -0.38 | -0.14 |
| Net Debt / EBITDA | 5.78 | 5.78 | — | — | -4.09 | -3.89 | -2.64 | — | — | -1.02 | -0.34 |
| Debt / FCF | — | 11.54 | -0.07 | -7.61 | -2.81 | -40.69 | -2.22 | — | -0.23 | -1.02 | -0.52 |
| Interest Coverage | -0.33 | -0.33 | 847.87 | -23.19 | -4.33 | 1.93 | 17.38 | -47.30 | -27.86 | 29.63 | 19.59 |
QXO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
QXO, Inc.'s current ratio of 3.58x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.61x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.02x to 3.58x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.58 | 3.58 | 112.85 | 1.02 | 1.27 | 1.45 | 1.28 | 1.50 | 0.78 | 0.92 | 0.96 |
| Quick Ratio | 2.61 | 2.61 | 112.85 | 1.02 | 1.27 | 1.45 | 1.28 | 1.50 | 0.78 | 0.92 | 0.96 |
| Cash Ratio | 1.52 | 1.52 | 0.14 | 0.53 | 0.74 | 0.92 | 0.98 | 1.00 | 0.30 | 0.38 | 0.32 |
| Asset Turnover | — | 0.43 | 0.01 | 2.66 | 2.10 | 2.32 | 2.59 | 2.03 | 3.07 | 3.35 | 3.20 |
| Inventory Turnover | 3.80 | 3.80 | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 85.55 | 88.48 | 19.88 | 21.10 | 19.35 | 14.45 | 36.62 | 20.90 | 28.95 | 31.72 |
QXO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
QXO, Inc. returns 1.0% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 0.9% | 0.3% | 0.0% | — | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% |
| Payout Ratio | — | — | 62.2% | — | — | — | 2306.4% | 3.3% | — | — | 7.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | 0.2% | — | 0.3% | — | 3.2% |
| FCF Yield | 1.5% | 1.5% | 1.3% | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% | 0.0% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.0% | 0.9% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $613M | $408M | $329M | $323M | $314M | $281M | $281M | $281M | $281M | $280M |
Peer Comparison
Compare QXO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 QXOYou | $12B | -26.6 | 38.9 | 66.3 | 16.8% | -0.8% | -3.8% | -0.5% | 12.2 |
 IBP | $6B | 21.8 | 13.1 | 19.0 | 34.0% | 13.0% | 37.5% | 20.7% | 2.1 |
 BLDR | $9B | 19.9 | 10.2 | 10.0 | 29.0% | 5.2% | 10.1% | 6.4% | 4.1 |
 POOL | $7B | 18.0 | 11.7 | 23.2 | 29.7% | 11.0% | 33.1% | 22.3% | 0.6 |
 HD | $325B | 23.0 | 16.1 | 25.7 | 33.3% | 12.7% | 145.5% | 21.8% | 2.7 |
 LOW | $120B | 18.1 | 13.5 | 15.7 | 33.5% | 11.8% | — | 26.5% | 3.7 |
 FERG | $46B | 25.5 | 17.3 | 28.8 | 30.7% | 8.5% | 32.4% | 18.0% | 2.0 |
 WCC | $18B | 28.3 | 17.0 | 715.1 | 20.2% | 5.2% | 12.8% | 8.5% | 5.1 |
 MSM | $7B | 32.9 | 17.4 | 27.2 | 40.8% | 8.3% | 14.2% | 12.3% | 1.3 |
 GWW | $63B | 37.9 | 22.4 | 47.6 | 39.1% | 15.0% | 43.5% | 32.1% | 1.1 |
 MLM | $37B | 32.4 | 19.5 | 37.6 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
| Technology Median | — | 28.3 | 16.6 | 18.8 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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QXO — Frequently Asked Questions
Quick answers to the most common questions about buying QXO stock.
What is QXO, Inc.'s P/E ratio?
QXO, Inc.'s current P/E ratio is -26.6x. The historical average is 31.2x.
What is QXO, Inc.'s EV/EBITDA?
QXO, Inc.'s current EV/EBITDA is 38.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 38.1x.
What is QXO, Inc.'s ROE?
QXO, Inc.'s return on equity (ROE) is -3.8%. The historical average is 21.2%.
Is QXO stock overvalued?
Based on historical data, QXO, Inc. is trading at a P/E of -26.6x. Compare with industry peers and growth rates for a complete picture.
What is QXO, Inc.'s dividend yield?
QXO, Inc.'s current dividend yield is 1.02%.
What are QXO, Inc.'s profit margins?
QXO, Inc. has 16.8% gross margin and -0.8% operating margin.
How much debt does QXO, Inc. have?
QXO, Inc.'s Debt/EBITDA ratio is 12.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.