QI

QXO Inc

QXO·NASDAQ

$20.79

-2.6%
TechnologySoftware - Application

QXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. QXO, Inc. is headquartered in Greenwich, Connecticut.

At a Glance

Live Snapshot
Market Cap$14.02B
EPS-0.1100
P/E Ratio231.94
Earnings Date03/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 231.9).

Valuation inputs: P/E 231.9, earnings yield +0.4%, momentum -2.6%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +0.5%, ROIC -0.8%).

Profitability stack: net margin +49.2%, ROE +0.5%, ROIC -0.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +0.9%, momentum -2.6%, net margin +49.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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QXO Inc Market vs Earnings Trajectory

QXO · NASDAQ
Current Price
$20.79
EPS (TTM)
$-0.40

Performance Analysis

EPS Growth

-135.3%

Declining earnings warrant investigation into business challenges and competitive position.

Price-EPS Relationship

Divergent

Price is rising despite declining earnings—caution advised as valuation may be stretched.

Stock Price Change

+20.9%

Over the 1Y period, stock price has increased by 20.9%.

P/E Ratio (TTM)

231.9x

Very high P/E suggests premium valuation or high growth expectations.

Key Insight

Despite declining earnings (-135.3%), the stock price has risen (+20.9%). This disconnect suggests investors may be optimistic about future turnaround, but earnings recovery is critical to sustain the valuation.

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QXO Inc Fair Value Envelope

QXO · NASDAQ

Our analysis suggests that QXO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $20.79, this represents a potential HIDDEN relative to our calculated worth for QXO Inc.

Intrinsic Value
Current Price: $20.79
3Y-48.0%
5Y-98.0%
10Y-102.0%
3Y+36.0%
5Y+48.0%
10Y+67.0%
3Y-20905.0%
5Y+312.0%
10Y+714.0%
3Y+37453.0%
5Y-21460.0%
10Y+4631.0%
3Y+76092.0%
5Y-15520.0%
10Y+6434.0%
3Y+28226.0%
5Y+26799.0%
10Y+47729.0%
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QXO Inc Profit Bridge

QXO · NASDAQ
Revenue56.87M
Cost of Goods Sold (33.94M)
Gross Profit22.93M
Operating Expenses (93.93M)
Operating Income-71.00M
Interest Expense (60.00K)
Other Income/Expense121.81M
Pretax Income50.81M
Income Tax (22.84M)
Net Income27.97M
Net Income
27.97M

Profitability Analysis

Gross Margin

40.3%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-124.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

49.2%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

45.0%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

40.32%
Gross Profit Margin
6%
3Y+3.0%
5Y+11.0%
10Y+14.0%
-124.84%
Operating Profit Margin
-4165%
3Y+22438.0%
5Y+2778.0%
10Y-3461.0%
49.18%
Net Profit Margin
-2605%
3Y-15354.0%
5Y-639.0%
10Y+388.0%
0.55%
Return on Equity
-104%
3Y-139.0%
5Y-101.0%
10Y-99.0%
0.55%
Return on Assets
-111%
3Y-173.0%
5Y-103.0%
10Y-98.0%
-0.77%
Return on Invested Capital
-106%
3Y-113.0%
5Y-93.0%
10Y-101.0%
Q

QXO Inc Cash Conversion Engine

QXO · NASDAQ
Net Income27.97M
Depreciation & Amortization1.12M
Stock-Based Compensation34.51M
Change in Working Capital22.12M
Others313.00K
Capital Expenditures-102.00K
Free Cash Flow84.78M

Cash Flow Quality Analysis

FCF Conversion Rate

303.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

0.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+18211.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$22.13M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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QXO Inc Funding & Solvency Profile

QXO · NASDAQ
Cash & Cash Equivalents2.31B
Net Receivables2.16B
Inventory1.66B
Other Current Assets86.80M
Total Current Assets6 B
Property, Plant & Equipment1.39B
Goodwill & Intangible Assets9.01B
Long-Term Investments0.00
Other Non-Current Assets30.80M
Total Non-Current Assets1 B
Total Assets
16.64B

Financial Health Analysis

Current Ratio

3.06x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.69x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

4 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

37% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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QXO Inc Street Expectations Map

QXO · NASDAQ

Wall Street analysts project that QXO stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 30.17, with estimates ranging from a low of 28.00 to a high of 35.00.

Lowest Target
28.00
34.68%
Consensus Target
30.17
45.12%
Highest Target
35.00
68.35%

The consensus 1-year price target stands at 30.17, with estimates ranging from a low of 28.00 to a high of 35.00.

Analyst Consensus Analysis

Upside Potential

+45.1%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

23.2% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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QXO Inc Insider Positioning

QXO · NASDAQ

During the last 12 months, there has been no insider trading activity reported for QXO.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

16.50%
Dividend Yield
8821%
3Y-
5Y+660032.0%
10Y+660032.0%
 

qxo Dividend History

QXO
10Y CAGR +49%
Latest $26.184
Annual $27.784
5 year growth trend
Last Period: +1536%