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Companies / Industrials / QXO, Inc.
QXO

QXO, Inc.

IndustrialsWholesale
Ticker QXOGREENWICH, CTFiscal year ends DecemberBook value per share $13.73Diluted shares 755.9M

QXO, Inc. operates as a diversified holding company engaged in the acquisition and operation of businesses across multiple sectors. The company trades on the New York Stock Exchange under the ticker symbol QXO and maintains its corporate presence at www.qxo.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$6.84BFY2025
+11930.7% year over year
Last 12 mo $9.90B
-3.58%FY2025
+121.3 percentage points
Last 12 mo -3.41%
$-279.40MFY2025
−1099.0% year over year
Last 12 mo $-511.60M
-2.88%FY2025
−3.4 percentage points
Last 12 mo -4.93%
Cash & financing
$261.40MFY2025
+208.0% year over year
Last 12 mo $253.10M
$183.20MFY2025
+116.1% year over year
Last 12 mo $140.60M
0.33FY2025
Was 0.00× a year earlier
Last 12 mo 0.60
613.0MFY2025
+200.5% year over year
Last 12 mo 755.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What QXO, Inc. does

In the company’s own words

QXO, Inc. operates as a diversified holding company engaged in the acquisition and operation of businesses across multiple sectors. The company trades on the New York Stock Exchange under the ticker symbol QXO and maintains its corporate presence at www.qxo.com.

The company's business model centers on identifying and acquiring established operating businesses, with a particular focus on industries where operational improvements and strategic capital deployment can drive value creation. QXO pursues acquisitions that exceed $1.5 billion in aggregate purchase price or that have been approved by the Board as qualifying transactions, demonstrating the company's commitment to meaningful scale in its acquisition strategy.

As of the capitalization date referenced in this investment agreement, QXO had approximately 674.5 million shares of common stock outstanding, along with reserved shares for conversion of preferred stock and exercise of warrants, reflecting a substantial equity base. The company maintains a complex capital structure designed to support its acquisition and growth objectives.

QXO's operational footprint spans multiple business segments and geographic markets, positioning the company to serve diverse customer bases across its portfolio of holdings. The company maintains relationships with major financial institutions and investment partners to support its strategic initiatives and capital requirements.

The company's strategic approach emphasizes operational excellence and value creation through disciplined capital allocation. QXO leverages its platform to identify synergies across its portfolio companies and implement best practices to enhance operational performance and profitability.

This investment agreement reflects QXO's capital raising activities to fund future qualifying acquisitions, demonstrating the company's active pursuit of growth opportunities. The structure of the investment commitment, with staged funding tied to specific acquisition closings, aligns investor capital with the company's strategic acquisition pipeline and provides flexibility in deployment of capital as opportunities materialize.

Company details
Sector
Industrials
Industry (SIC)
Wholesale
Headquarters
GREENWICH, CT
Fiscal year end
December
CIK
1236275
SIC
5030

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.55B$1.57B$4.69B$7.82B$10.94B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns QXO, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

284
funds hold it
0 of 35
superinvestors hold it
$2.94B
held by funds, at market
15.9%
of shares held by funds

Largest fund holders · QXO, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%of fund net assets
ALGER FOCUS EQUITY FUND
ALGRX · ALGER INSTITUTIONAL FUNDS
—of fund net assets
GROWTH PORTFOLIO
MSEQX · MORGAN STANLEY INSTITUTIONAL FUND INC
4.40%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.33%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do QXO, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of QXO, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in QXO, Inc.'s last four quarterly filings that the numbers alone won't show?”
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