Qxo, Inc. (QXO)
NYSE:QXO
Want to see QXO full AI Analyst Report?
Top Page
QXO Inc
(NYSE:QXO)
Select Model
Select Model
Rating:54Neutral
Price Target:
$17.50
▼(-30.00% Downside)
Action:Reiterated
Date:05/14/26
The score is driven mainly by mixed fundamentals: strong growth and positive free cash flow offset by ongoing losses and weak profitability. Technicals are a headwind with a clear downtrend despite oversold readings, while corporate events provide a positive longer-term catalyst through scale-building acquisitions but with meaningful execution/financing risk.
Positive Factors
Revenue Growth & Margin Stability
Sustained revenue expansion (+25.1% TTM) alongside a steady gross margin (~23%) indicates durable demand and pricing/mix resilience. This combination supports scale economics and gives management room to pursue margin-improving initiatives and absorb integration costs from M&A over the medium term.
Negative Factors
Persistent Net Losses & Negative Returns
Ongoing net losses and negative ROE reflect that revenue growth has not yet translated into sustainable profitability. This limits the balance sheet’s ability to compound equity value, raises the bar for integration success, and means investors must wait for a demonstrable earnings turnaround to justify growth investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth & Margin Stability
Sustained revenue expansion (+25.1% TTM) alongside a steady gross margin (~23%) indicates durable demand and pricing/mix resilience. This combination supports scale economics and gives management room to pursue margin-improving initiatives and absorb integration costs from M&A over the medium term.
Read all positive factors
QXO Inc (QXO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$12.49B
Dividend YieldN/A
Average Volume (3M)17.22M
Price to Earnings (P/E)―
Beta (1Y)1.09
Revenue Growth15198.68%
EPS Growth6.22%
CountryUS
Employees211
SectorIndustrials
Sector Strength72
IndustryIndustrial - Distribution
Share Statistics
EPS (TTM)-0.91
Shares Outstanding725,168,000
10 Day Avg. Volume17,374,615
30 Day Avg. Volume17,219,061
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)1.22
Price to Sales (P/S)1.73
P/FCF Ratio64.55
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue1.54
Enterprise Value/Gross Profit9.50
Enterprise Value/Ebitda54.58
Forecast
1Y Price Target
$32.10Price Target Upside28.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)0.32
Revenue Forecast (FY)$11.99B
QXO Inc Business Overview & Revenue Model
Company Description
QXO, Inc. distributes roofing, waterproofing, and other building products in the United States. It offers asphalt, metal roofing, wood roofing, tile roofing, slate roofing, roofing accessories, and roofing insulation products; vinyl siding, alumin...
How the Company Makes Money
null...
QXO Inc Earnings Call Summary
Earnings Call Date:Mar 04, 2025
(Q4-2024)
| % Change Since: |
Next Earnings Date:Aug 11, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted Beacon's strong fourth quarter performance and strategic initiatives leading to record results. However, the company faced notable challenges, including weather-related sales impacts and market headwinds. While Beacon has plans to sustain growth and manage costs, the uncertain market conditions present ongoing risks.Positive Updates
Record Fourth Quarter Results
Beacon set fourth quarter records for net sales, adjusted EBITDA, and cash flow. Sales per day increased approximately 3% year-over-year to $2.4 billion, driven by recent acquisitions.
Negative Updates
Weather-Related Sales Impact
A slowdown in sales during November and December impacted residential roofing, particularly in North and West regions, resulting in fourth quarter sales per day being less than expected.
Read all updates
Q4-2024 Updates
Positive
Negative
Record Fourth Quarter Results
Beacon set fourth quarter records for net sales, adjusted EBITDA, and cash flow. Sales per day increased approximately 3% year-over-year to $2.4 billion, driven by recent acquisitions.
Read all positive updates
Company Guidance
In the fourth quarter of fiscal year 2024, Beacon achieved record net sales of $2.4 billion, representing a year-over-year increase of approximately 3% driven by acquisitions. The company's adjusted EBITDA reached $223 million, supported by an increase in average selling prices and a strategic focus on operating efficiency. Beacon also generated nearly $360 million in cash flow, facilitating investments in growth initiatives like greenfield locations and acquisitions. Gross margin remained strong at 25.7%, with adjusted operating expenses totaling $434 million, marking a 20 basis point increase to 18% of sales. The company's bottom quintile branch initiative added more than $7 million in EBITDA year-over-year, while digital sales grew by 20%, reaching 16% of total sales. Additionally, the private label TRI-BUILT brand saw a 7% sales increase. Beacon's strategic focus on operational excellence and shareholder value was evident in its continued share repurchase program, retiring over 2.4 million shares throughout the year.QXO Inc Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.56B | 6.84B | 56.87M | 54.52M | 44.99M | 41.70M |
| Gross Profit | 1.39B | 1.15B | 22.93M | 21.61M | 17.96M | 17.21M |
| EBITDA | 241.90M | 366.10M | 51.99M | -290.00K | 1.37M | 1.49M |
| Net Income | -515.20M | -279.40M | 27.97M | -1.07M | -282.22K | -134.43K |
Balance Sheet | ||||||
| Total Assets | 16.66B | 15.89B | 5.10B | 20.50M | 21.44M | 18.00M |
| Cash, Cash Equivalents and Short-Term Investments | 3.05B | 2.36B | 5.07B | 6.14M | 8.01M | 6.81M |
| Total Debt | 3.90B | 4.48B | 577.00K | 2.62M | 2.40M | 2.29M |
| Total Liabilities | 6.50B | 6.18B | 45.36M | 13.02M | 11.89M | 8.64M |
| Stockholders Equity | 10.16B | 9.71B | 5.05B | 7.47M | 9.55M | 9.36M |
Cash Flow | ||||||
| Free Cash Flow | 195.60M | 183.20M | 84.78M | 463.00K | 2.00M | 111.27K |
| Operating Cash Flow | 295.50M | 261.40M | 84.88M | 584.00K | 2.04M | 226.03K |
| Investing Cash Flow | -10.65B | -10.63B | -102.00K | -400.00K | -188.74K | -510.46K |
| Financing Cash Flow | 8.32B | 7.66B | 4.98B | -2.05M | -655.13K | 503.13K |
QXO Inc Technical Analysis
Negative
25.00
Price Trends
19.89
Negative
21.74
Negative
20.66
Negative
Market Momentum
-1.16
Positive
39.66
Neutral
33.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QXO, the sentiment is Negative. The current price of 25 is above the 20-day moving average (MA) of 18.48, above the 50-day MA of 19.89, and above the 200-day MA of 20.66, indicating a bearish trend. The MACD of -1.16 indicates Positive momentum. The RSI at 39.66 is Neutral, neither overbought nor oversold. The STOCH value of 33.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QXO.
QXO Inc Risk Analysis
QXO Inc disclosed 38 risk factors in its most recent earnings report. QXO Inc reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
QXO Inc Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $8.11B | 40.30 | 78.22% | ― | 4.78% | 1.30% | |
74 Outperform | $9.66B | 29.16 | 15.65% | ― | 8.16% | -70.70% | |
71 Outperform | $11.62B | 67.64 | 6.00% | ― | 18.82% | -66.60% | |
68 Neutral | $10.13B | 28.77 | 23.62% | 0.72% | 12.23% | 10.63% | |
64 Neutral | $11.45B | -6.87 | -21.33% | ― | 7.55% | -39.50% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | $12.49B | -15.91 | -5.20% | ― | 15198.68% | 6.22% |
* Industrials Sector Average
QXO
QXO Inc
17.03
0.21
1.25%
MANH
Manhattan Associates
134.57
-52.92
-28.23%
DOCU
DocuSign
48.97
-37.56
-43.41%
DT
Dynatrace
39.15
-15.04
-27.75%
U
Unity Software
25.54
3.68
16.83%
BSY
Bentley Systems
33.34
-14.02
-29.60%
QXO Inc Corporate Events
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
QXO Outlines Strategy for Transformative TopBuild Acquisition
Positive
May 11, 2026
On May 11, 2026, QXO Inc. released an investor QA outlining the strategic rationale for its pending acquisition of insulation specialist TopBuild Corp., positioning the deal as a transformative step that adds a best-in-class installation and distr...
Executive/Board ChangesShareholder Meetings
QXO Shareholders Back Board, Auditor and Executive Pay
Positive
May 8, 2026
At its May 5, 2026 annual meeting, QXO, Inc. stockholders elected seven directors, including Brad Jacobs and Jared Kushner, to serve until the 2027 annual meeting or until successors are chosen, underscoring continuity in the company’s gover...
Regulatory Filings and Compliance
QXO Inc Files Prospectus to Facilitate Shareholder Resales
Neutral
Apr 29, 2026
On April 29, 2026, QXO, Inc. filed a prospectus supplement with the Securities and Exchange Commission to enable certain existing stockholders to resell up to 95,876,547 shares of its common stock, including both already outstanding shares and sha...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
QXO to Acquire TopBuild, Expanding Building Products Reach
Positive
Apr 20, 2026
On April 18, 2026, QXO Inc. agreed to acquire TopBuild Corp. in a cash-and-stock deal valuing TopBuild at about $17 billion, with consideration capped at roughly 45% cash and 55% QXO shares, and a per-share value of $505. The boards of both compan...
Business Operations and StrategyM&A TransactionsPrivate Placements and Financing
QXO Inc Completes Kodiak Acquisition and Capital Restructure
Positive
Apr 1, 2026
On April 1, 2026, QXO Inc. completed its acquisition of Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion and adding a new lumber and bui...
Executive/Board Changes
QXO Names Interim Chief Accounting Officer After Resignation
Neutral
Mar 17, 2026
On March 15, 2026, QXO, Inc. Chief Accounting Officer Sean Smith resigned effective the same day to pursue employment closer to his family home, while agreeing to remain in an advisory role through June 30, 2026 to support an orderly transition, w...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.