QXO (QXO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

QXO

NYSE•Industrials•Industrial Distribution

$11.27-0.17(-0.01%)Pre-market

Market Cap

$8.93B

P/S

0.9x

P/B

0.9x

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.

How this company scores

AverageMetricSide Score: 59/100

Strongest: Cash & Earnings Quality (21/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability11/25

Growth16/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality21/25

Strengths

Growing revenueLong cash runwayCash-backed earningsConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 167.1x5y range 10.5x – 388.4x

Currently above its 8-quarter median.

P/S · 0.9x5y range 0.3x – 109.3x

Currently near its 20-quarter median.

P/B · 0.9x5y range 0.0x – 9.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $8.93B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $9.90B
Q. Revenue: $3.25B
TTM EBITDA: $-153.47M
TTM Op. Income: $-337.71M
Q. Op. Income: $-42.00M
TTM Net Income: $-511.75M
Q. Net Income: $-55.00M
EPS: $-0.14
Shares Out.: $767.30M

$9.90B in TTM revenue grew 408.2% YoY, reaching $3.25B last quarter. TTM EBITDA of $-153.47M and TTM operating income of $-337.71M show growth is flowing through to the bottom line. However, net income is negative at $511.75M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 24.7%
EBITDA Margin: 0.4%
Op. Margin: -1.3%
Net Margin: -1.7%

Op. margin of -1.3% is up 7.2% YoY — cost efficiency is improving. Net margin at -1.7% and gross margin of 24.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 85% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.9x
P/B Ratio: 0.9x

P/S of 0.9x and P/B of 0.9x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $22.66B
Cash: $2.77B
Long-Term Debt: $6.03B
Book Value: $10.38B
D/E Ratio: 0.6
Debt/EBITDA: 430.6

With $22.66B in assets and $6.03B in long-term debt, D/E is 0.6and book value is $10.38B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 89% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-216.60M
TTM Free Cash Flow: $140.60M
FCF Margin: 1.4%
FCF / Net Income: -0.3

TTM FCF of $140.60M on $-216.60M in operating cash flow. The FCF / Net Income ratio of -0.3x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is up 296% — a weakening trend.