QXO, Inc. (QXO)

QXO, Inc. distributes roofing, waterproofing and complementary building products in the United States and Canada. It offers roofing and siding materials for residential construction, such as asphalt shingles, metal roofing, wood roofing, tile roofing, slate roofing, roofing accessories, and roofing insulation; and siding materials, including vinyl siding aluminum siding, steel siding, fiber cement siding, wood and composite siding, trim and accessories, and gutters and accessories. The company also provides commercial roofing and siding products built-up roofing, modified roofing, EPDM roofing, PVC roofing, low-slope metal roofing TPO roofing, and commercial accessories; commercial waterproofing, concrete restoration and parking, public works, DOT and industrial, fire protection, wall systems, and safety and tools, as well as glass, glazing, and fenestration. In addition, it offers building materials; exterior and interior materials; and tools and equipment. The company provides its products under Atlas, Carlisle, CertainTeed, Elevate, Exterior Portfolio, GAF, IKO, James Hardie, LP SmartSide, Owens Corning, Royal, Tamko, TRI-BUILT, and Velux brands. It serves professional contractors, home builders, building owners, lumberyards, and retailers. The company was formerly known as SilverSun Technologies, Inc. and changed its name to QXO, Inc. in June 2024. QXO, Inc. is headquartered in Greenwich, Connecticut.

Symbol
QXO
Exchange
NYSE
Sector
Industrials
Industry
Industrial Distribution
Market cap
$9.10B
52 week range
11.14 - 27.61

Valuation

Share price
$12.78 (close of 2026-09-22)
P/E (TTM)
-13.35x
Price to book
0.88x
Price to free cash flow
64.47x
Enterprise value
$13.37B
Book value per share
$14.31

Price performance

PeriodChange
1 day+4.75%
5 days+11.71%
1 month-7.12%
3 months-23.66%
6 months-31.44%
Year to date-33.75%
1 year-35.91%
3 years-49.12%
5 years-75.68%
10 years-26.72%
All time-46.75%

Profitability and growth

Return on equity
-2.88%
Return on invested capital
-1.67%
Return on assets
-1.76%
Return on capital employed
-1.71%
Gross margin
22.99%
Net margin
-4.08%
EBITDA margin
-2.00%
Revenue growth
11924.96%
Net income growth
-1097.86%
Free cash flow growth
116.30%

Cash flow and balance sheet

Free cash flow yield (TTM)
1.55%
Current ratio
4.11x
Net debt to EBITDA
8.88x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$6.84B
Cost of revenue
$5.27B
Gross profit
$1.57B
EBITDA
$-136.80M
Net income
$-279.40M
Earnings per share
$-0.63
Shares outstanding
613.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$6.84B$1.57B$-279.40M$-0.63
2024-12-31$56.90M$23.10M$28.00M$-0.11
2023-12-31$54.52M$21.61M$-1.07M$-1.63
2022-12-31$44.99M$17.96M$-282.22K$-0.40
2021-12-31$41.70M$17.21M$-134.43K$-0.24
2020-12-31$41.22M$16.58M$175.65K$0.32
2019-12-31$38.50M$14.68M$6.79M$12.08
2018-12-31$36.10M$13.85M$262.43K$0.48
2017-12-31$34.85M$13.87M$-486.47K$-0.88
2016-12-31$34.12M$12.73M$3.44M$6.24

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3122.99%-4.08%-2.88%-1.67%
2024-12-3140.60%49.21%0.55%-
2023-12-3139.65%-1.96%-14.32%-25.68%
2022-12-3139.93%-0.63%-2.95%-4.90%
2021-12-3141.26%-0.32%-1.44%-4.89%
2020-12-3140.22%0.43%2.41%5.72%
2019-12-3138.12%17.65%76.39%-103.12%
2018-12-3138.38%0.73%6.05%-33.05%
2017-12-3139.78%-1.40%-11.51%18.95%
2016-12-3137.30%10.07%69.13%30.59%

Cash and debt by year

Period endCashDebt
2025-12-31$2.36B$3.06B
2024-12-31$5.07B-
2023-12-31$6.14M$994.00K
2022-12-31$8.01M$671.01K
2021-12-31$6.81M$463.60K
2020-12-31$6.60M$290.92K
2019-12-31$8.66M$64.07K
2018-12-31$1.90M$73.90K
2017-12-31$2.24M$228.63K
2016-12-31$1.62M$486.47K

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$183.20M$144.50M
2024-12-31$84.70M$34.40M
2023-12-31$463.00K$41.00K
2022-12-31$2.00M$180.26K
2021-12-31$111.27K$441.31K
2020-12-31$1.60M$10.19K
2019-12-31$-973.98K$16.91K
2018-12-31$1.15M$73.31K
2017-12-31$2.07M$101.69K
2016-12-31$1.61M$42.80K

Dividend history

Most recent payment
2024-06-05
Payment dateDividend per share
2024-06-05$26.18
2023-08-17$1.60
2021-07-08$4.80
2020-12-18$3.20
2020-01-06$4.00
2019-01-04$0.40
2017-11-27$0.32
2017-05-03$0.16

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$0.15

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-13Jun/2026$0.09
2026-05-12--
2026-02-25--
2025-11-06--
2025-08-14--
2025-05-08--
2025-03-04--
2024-11-13--

Filings and sources

Company website
qxo.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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