QXO, Inc.
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, aluminum siding, steel siding, fiber cement siding, wood and composite siding, trim and accessories, and gutters and accessories; built-up roofing, modified r… Read more
QXO, Inc. (QXO) - Net Assets
Latest net assets as of September 2025: $9.82 Billion USD
Based on the latest financial reports, QXO, Inc. (QXO) has net assets worth $9.82 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.64 Billion) and total liabilities ($6.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.82 Billion |
| % of Total Assets | 59.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | 69308.03% |
| 10-Year Change | 324569.46% |
| Growth Volatility | 20155.71 |
QXO, Inc. - Net Assets Trend (2003–2024)
This chart illustrates how QXO, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for QXO, Inc. (2003–2024)
The table below shows the annual net assets of QXO, Inc. from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.05 Billion | +67533.50% |
| 2023-12-31 | $7.47 Million | -21.79% |
| 2022-12-31 | $9.55 Million | +2.09% |
| 2021-12-31 | $9.36 Million | +28.53% |
| 2020-12-31 | $7.28 Million | -18.15% |
| 2019-12-31 | $8.89 Million | +105.22% |
| 2018-12-31 | $4.33 Million | +2.53% |
| 2017-12-31 | $4.23 Million | -14.96% |
| 2016-12-31 | $4.97 Million | +219.40% |
| 2015-12-31 | $1.56 Million | +11337.65% |
| 2014-12-31 | $13.61K | +103.40% |
| 2013-12-31 | $-399.84K | +50.91% |
| 2012-12-31 | $-814.53K | +9.46% |
| 2011-12-31 | $-899.64K | +82.40% |
| 2010-12-31 | $-5.11 Million | -3.86% |
| 2009-12-31 | $-4.92 Million | +6.32% |
| 2008-12-31 | $-5.25 Million | -34.26% |
| 2007-12-31 | $-3.91 Million | -7.07% |
| 2006-12-31 | $-3.66 Million | -106.16% |
| 2005-12-31 | $-1.77 Million | -47.56% |
| 2004-12-31 | $-1.20 Million | -263.73% |
| 2003-12-31 | $-330.33K | -- |
Equity Component Analysis
This analysis shows how different components contribute to QXO, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 572838000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.00K | 0.00% |
| Other Components | $5.06 Billion | 100.12% |
| Total Equity | $5.05 Billion | 100.00% |
QXO, Inc. Competitors by Market Cap
The table below lists competitors of QXO, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woori Financial Group Inc
NYSE:WF
|
$14.03 Billion |
|
InterContinental Hotels Group PLC
PINK:ICHGF
|
$14.04 Billion |
|
Xian LONGi Silicon Materials Corp
SHG:601012
|
$14.05 Billion |
|
The Kansai Electric Power Company Incorporated
F:KPO
|
$14.05 Billion |
|
Lincoln Electric Holdings Inc
NASDAQ:LECO
|
$14.00 Billion |
|
The Cooper Companies, Inc
NASDAQ:COO
|
$13.97 Billion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
$13.96 Billion |
|
Saab AB (publ)
PINK:SAABF
|
$13.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QXO, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,471,000 to 5,052,899,000, a change of 5,045,428,000 (67533.5%).
- Net income of 27,969,000 contributed positively to equity growth.
- Dividend payments of 49,650,000 reduced retained earnings.
- Share repurchases of 5,032,641,000 reduced equity.
- New share issuances of 5,032,641,000 increased equity.
- Other factors increased equity by 5,067,109,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $27.97 Million | +0.55% |
| Dividends Paid | $49.65 Million | -0.98% |
| Share Repurchases | $5.03 Billion | -99.6% |
| Share Issuances | $5.03 Billion | +99.6% |
| Other Changes | $5.07 Billion | +100.28% |
| Total Change | $- | 67533.50% |
Book Value vs Market Value Analysis
This analysis compares QXO, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $-0.59 | $20.86 | x |
| 2004-12-31 | $-2.14 | $20.86 | x |
| 2005-12-31 | $-3.16 | $20.86 | x |
| 2006-12-31 | $-6.51 | $20.86 | x |
| 2007-12-31 | $-1614.52 | $20.86 | x |
| 2008-12-31 | $-599.82 | $20.86 | x |
| 2009-12-31 | $-460.29 | $20.86 | x |
| 2010-12-31 | $-336.04 | $20.86 | x |
| 2011-12-31 | $-2.15 | $20.86 | x |
| 2012-12-31 | $-1.69 | $20.86 | x |
| 2013-12-31 | $-0.82 | $20.86 | x |
| 2014-12-31 | $0.03 | $20.86 | x |
| 2015-12-31 | $2.88 | $20.86 | x |
| 2016-12-31 | $0.02 | $20.86 | x |
| 2017-12-31 | $0.02 | $20.86 | x |
| 2018-12-31 | $0.02 | $20.86 | x |
| 2019-12-31 | $0.03 | $20.86 | x |
| 2020-12-31 | $0.03 | $20.86 | x |
| 2021-12-31 | $0.03 | $20.86 | x |
| 2022-12-31 | $0.03 | $20.86 | x |
| 2023-12-31 | $0.02 | $20.86 | x |
| 2024-12-31 | $12.38 | $20.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QXO, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.18%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (0.55%) is below the historical average (71.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.00% | -29452.22% | 0.01x | 0.00x | $-364.57K |
| 2004 | 0.00% | -140.36% | 0.90x | 0.00x | $-2.27 Million |
| 2005 | 0.00% | -57.62% | 1.47x | 0.00x | $-2.23 Million |
| 2006 | 0.00% | -35.25% | 2.80x | 0.00x | $-1.96 Million |
| 2007 | 0.00% | -21.88% | 4.46x | 0.00x | $-1.22 Million |
| 2008 | 0.00% | -19.24% | 5.47x | 0.00x | $-960.96K |
| 2009 | 0.00% | -20.77% | 6.62x | 0.00x | $-1.04 Million |
| 2010 | 0.00% | -6.26% | 7.33x | 0.00x | $37.80K |
| 2011 | 0.00% | 24.87% | 6.92x | 0.00x | $2.71 Million |
| 2012 | 0.00% | -9.37% | 4.70x | 0.00x | $-1.15 Million |
| 2013 | 0.00% | 1.85% | 4.87x | 0.00x | $362.53K |
| 2014 | 1417.66% | 0.90% | 4.24x | 371.63x | $191.54K |
| 2015 | 24.05% | 1.35% | 3.26x | 5.45x | $218.67K |
| 2016 | 69.13% | 10.07% | 3.20x | 2.14x | $2.94 Million |
| 2017 | -11.51% | -1.40% | 3.35x | 2.46x | $-909.18K |
| 2018 | 6.05% | 0.73% | 3.07x | 2.71x | $-170.98K |
| 2019 | 76.39% | 17.65% | 2.03x | 2.13x | $5.90 Million |
| 2020 | 2.41% | 0.43% | 2.59x | 2.18x | $-552.35K |
| 2021 | -1.44% | -0.32% | 2.32x | 1.92x | $-1.07 Million |
| 2022 | -2.95% | -0.63% | 2.10x | 2.24x | $-1.24 Million |
| 2023 | -14.32% | -1.96% | 2.66x | 2.74x | $-1.82 Million |
| 2024 | 0.55% | 49.18% | 0.01x | 1.01x | $-477.32 Million |
Industry Comparison
This section compares QXO, Inc.'s net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QXO, Inc. (QXO) | $9.82 Billion | 0.00% | 0.69x | $14.02 Billion |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.65 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $335.15 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $9.10 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.15 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |