QXO, Inc. QXO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 23.1%+0.1pp | 23%+0.5pp | 22.5%+1.0pp | 21.5%-19.3pp | 40.8%+0.2pp | |
| Operating margin | -5.3%-1.8pp | -3.6%+0.9pp | -4.5%+9.3pp | -13.8%+184pp | -197.7%-72.8pp | |
| Net margin | -6%-1.9pp | -4.1%-0.3pp | -3.8%-2.7pp | -1.1%-66.7pp | 65.7%+16.3pp | |
| EBITDA margin | -3.5%-1.5pp | -2%+1.0pp | -3%+9.3pp | -12.4%+184pp | -196.8%-72.7pp | |
| Free cash flow margin | 2.3%-0.4pp | 2.7%+1.0pp | 1.7%+5.4pp | -3.7%-220pp | 216%+67.0pp | |
| Returns | ||||||
| Return on equity | -6.8%-3.0pp | -3.8%-1.4pp | -2.4%-2.0pp | -0.4%-1.8pp | 1.4%+0.3pp | |
| Return on assets | -4.7%-2.1pp | -2.7%-1.0pp | -1.6%-1.4pp | -0.2%-1.7pp | 1.4%+0.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.8×+0.1× | 0.7×+0.2× | 0.4×+0.2× | 0.2×+0.2× | 0×0.0× | |
| Liquidity | ||||||
| Current ratio | 3.3×-0.2× | 3.6×+0.5× | 3.1×+0.1× | 3×-92.2× | 95.2×-17.6× | |
| Quick ratio | 2.5×-0.1× | 2.6×+0.4× | 2.2×+0.1× | 2.1×-93.1× | 95.2×-17.6× | |
| Cash ratio | 1.6×0.0× | 1.5×+0.4× | 1.1×+0.1× | 1.1×-93.8× | 94.9×-17.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×+0.4× | 0×0.0× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×+0.2× | 0×0.0× | |
| Per Share | ||||||
| Book value per share | $13.66-13.8% | $15.83+15.3% | $13.73-21.8% | $17.56+56.7% | $11.21-54.7% | |
| Valuation | ||||||
| Market capitalization | $13.79B+6.0% | $13.01B+1.3% | $12.84B-18.5% | $15.76B+184% | $5.54B-14.8% | |
| Enterprise value | $14.69B+0.6% | $14.61B+0.8% | $14.49B-16.9% | $17.44B+3,670% | $462.48M-67.9% | |
| Price / sales | 1.6×-0.3× | 1.9×-0.9× | 2.8×-5.3× | 8.1×-91.1× | 99.2×-15.4× | |
| Price / book | 1.4×0.0× | 1.3×0.0× | 1.3×-0.3× | 1.6×+0.5× | 1.1×-0.2× | |
| EV / sales | 1.7×-0.4× | 2.1×-1.0× | 3.1×-5.8× | 9×+0.7× | 8.3×-17.1× | |
| Free cash flow yield | 1.4%0.0pp | 1.4%+0.8pp | 0.6%+1.1pp | -0.5%-2.6pp | 2.2%+0.9pp | |
| Earnings yield | -3.7%-1.6pp | -2.1%-0.8pp | -1.4%-1.3pp | -0.1%-0.8pp | 0.7%+0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are QXO, Inc.'s profit margins?
- QXO, Inc. (QXO) runs a 23.1% gross margin and a -5.3% operating margin, with a -6.0% net margin.
- Where do QXO, Inc.'s ratios come from?
- Every ratio is computed from QXO, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
