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QXO Inc
(NYSE:QXO)
QXO Inc (QXO) vs. SPDR S&P 500 ETF (SPY)
QXO Inc Business Overview & Revenue Model
QXO Inc Earnings Call Summary
QXO Inc Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 55.95M | 56.87M | 54.52M | 44.99M | 41.70M | 41.22M | Gross Profit |
| 22.66M | 22.93M | 20.79M | 17.01M | 16.33M | 15.87M | EBIT |
| -110.51M | -71.00M | 1.67M | -385.38K | -230.99K | 223.38K | EBITDA |
| 69.01M | 51.99M | -185.11K | 1.37M | 1.16M | 1.36M | Net Income Common Stockholders |
| 36.59M | 27.97M | -1.07M | -282.22K | -134.43K | 175.65K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.08B | 5.07B | 6.14M | 8.01M | 6.81M | 6.60M | Total Assets |
| 5.11B | 5.10B | 20.50M | 21.44M | 18.00M | 16.54M | Total Debt |
| 500.00K | 577.00K | 2.62M | 2.40M | 2.29M | 3.04M | Net Debt |
| -5.08B | -5.07B | -3.52M | -5.61M | -4.53M | -3.56M | Total Liabilities |
| 53.78M | 45.36M | 13.02M | 11.89M | 8.64M | 9.26M | Stockholders Equity |
| 5.06B | 5.05B | 7.47M | 9.55M | 9.36M | 7.28M |
| Cash Flow | Free Cash Flow | ||||
| 120.18M | 84.78M | 462.88K | 2.00M | 111.27K | 1.60M | Operating Cash Flow |
| 121.02M | 84.88M | 583.80K | 2.04M | 226.03K | 1.73M | Investing Cash Flow |
| -846.48K | -102.00K | -399.42K | -188.74K | -510.46K | 839.81K | Financing Cash Flow |
| 4.96B | 4.98B | -2.05M | -655.13K | 503.13K | -4.63M |
QXO Inc Technical Analysis
QXO Inc Risk Analysis
QXO Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $8.67B | 49.27 | 39.29% | 0.12% | 14.29% | 151.38% | |
78 Outperform | $7.01B | 13.87 | 58.14% | ― | 23.21% | ― | |
75 Outperform | $8.26B | 111.61 | 25.23% | ― | 18.63% | -55.09% | |
75 Outperform | $11.66B | ― | 1.44% | ― | 0.22% | 48.10% | |
73 Outperform | $10.07B | ― | -14.15% | ― | -16.74% | 49.75% | |
65 Neutral | $5.95B | 235.54 | -19.65% | ― | 15.20% | -666.94% | |
62 Neutral | $11.92B | 10.48 | -7.50% | 2.95% | 7.40% | -8.18% |
QXO Inc Corporate Events
On May 29, 2025, QXO Inc. filed a prospectus supplement with the SEC to cover the resale of over 67 million shares of its common stock by certain stockholders. This filing, part of a registration statement from July 2024, may impact the company’s stock liquidity and market perception.
On May 21, 2025, QXO Inc. entered into an underwriting agreement with Goldman Sachs and Morgan Stanley to issue and sell 10,000,000 depositary shares, representing a 1/20th interest in the company’s 5.50% Series B Mandatory Convertible Preferred Stock, at $50 per share. The company received approximately $557.6 million in net proceeds from the offering. The agreement includes indemnification for the underwriters against certain liabilities. The offering was made under the company’s registration statement filed with the SEC, and the certificate of designations was filed to establish the rights of the preferred stock. The preferred stock will accumulate dividends at a rate of 5.50% per annum and will automatically convert into common stock by May 15, 2028, unless converted earlier.
On May 21, 2025, QXO Inc. entered into an underwriting agreement with Goldman Sachs and Morgan Stanley to sell 48,484,849 shares of its common stock at $16.50 per share, with an option for underwriters to purchase additional shares, resulting in net proceeds of approximately $892.8 million. The company also announced the pricing of its concurrent offerings of common stock and $500 million of depositary shares, expected to close on May 23 and May 27, 2025, respectively. The proceeds will be used to repay debt, enhancing QXO’s position for future acquisitions.
On April 29, 2025, QXO Inc. completed the acquisition of QXO Building Products, formerly known as Beacon Roofing Supply, through a merger agreement. This acquisition is expected to impact QXO’s financial operations and industry positioning, as evidenced by the filing of unaudited condensed consolidated financial statements and pro forma combined financial information.
On May 20, 2025, QXO Inc. announced its intention to launch concurrent public offerings of its common stock and depositary shares, expected to generate $1.0 billion in gross proceeds. The company plans to use the net proceeds to repay debt under its senior secured term loan facility, thereby enhancing its position for future acquisitions. The offerings are not contingent upon each other, and additional proceeds of $150 million could be raised through over-allotment options. This strategic move is aimed at strengthening QXO’s market position and supporting its growth objectives.
On May 20, 2025, QXO Inc. released investor presentation materials for an industry conference, detailing their strategic goals and market positioning. The company plans to leverage acquisitions and organic growth to achieve significant revenue targets, aiming to create substantial value for shareholders in the building products distribution industry.
On May 12, 2025, QXO Inc held its Annual Meeting of Stockholders where three key proposals were considered. Stockholders elected seven directors, ratified Deloitte & Touche LLP as the independent accounting firm, and approved executive compensation on a non-binding basis.
On April 23, 2025, QXO Inc. announced that its subsidiary, Queen MergerCo, Inc., has priced a $2.25 billion offering of 6.75% Senior Secured Notes due 2032, with the offering size increased from a previously announced $2 billion. The proceeds from this offering, along with other financial resources, are intended to fund the acquisition of Beacon Roofing Supply, Inc., expected to close on April 29, 2025. This strategic move is part of QXO’s plan to expand its market presence and enhance its industry positioning.
On April 21, 2025, QXO Inc. announced a proposed private offering of $2 billion in Senior Secured Notes due 2032 by its subsidiary, Queen MergerCo, Inc. The proceeds from this offering, along with other financial resources, are intended to fund the acquisition of Beacon Roofing Supply, Inc. and related expenses. Upon completion, Queen MergerCo will merge into Beacon, making Beacon a wholly owned subsidiary of QXO. This move is part of QXO’s strategy to expand its market presence and strengthen its position in the building products distribution industry.
On April 16, 2025, QXO Inc. announced its intention to offer $500 million of its common stock to the public, with an option for underwriters to purchase an additional $75 million. The proceeds from this offering are intended to finance part of the acquisition of Beacon Roofing Supply, Inc., although the offering is not contingent on the acquisition’s completion. Morgan Stanley and Goldman Sachs are acting as underwriters for this offering, which will be made via a prospectus supplement filed with the SEC.