QXO, Inc. (QXO) — Working Capital to Net Assets Ratio
QXO, Inc. (QXO) has a Working Capital to Net Assets ratio of 44.5% as of March 2026. Working capital of $4.52 Billion (current assets of $6.46 Billion minus current liabilities of $1.94 Billion) is measured against net assets of $10.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See QXO, Inc. (QXO) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
QXO, Inc. Working Capital to Net Assets (2003–2025)
This chart shows how QXO, Inc.'s Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 44.5%, reflecting working capital of $4.52 Billion against net assets of $10.16 Billion USD. For the complete balance sheet picture, see QXO, Inc. asset portfolio.
Annual Working Capital to Net Assets for QXO, Inc. (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for QXO, Inc. from 2003 to 2025, covering 23 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check QXO, Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 41.2% | $4.00 Billion | $9.71 Billion | $5.55 Billion | $1.55 Billion | ▼ -58.7 pp |
| 2024 | 99.8% | $5.04 Billion | $5.05 Billion | $5.09 Billion | $45.10 Million | ▲ +96.2 pp |
| 2023 | 3.6% | $272.00K | $7.47 Million | $11.80 Million | $11.52 Million | ▼ -27.2 pp |
| 2022 | 30.8% | $2.95 Million | $9.55 Million | $13.70 Million | $10.75 Million | ▼ -4.7 pp |
| 2021 | 35.5% | $3.32 Million | $9.36 Million | $10.71 Million | $7.39 Million | ▲ +9.4 pp |
| 2020 | 26.1% | $1.90 Million | $7.28 Million | $8.63 Million | $6.73 Million | ▼ -22.5 pp |
| 2019 | 48.5% | $4.32 Million | $8.89 Million | $12.98 Million | $8.66 Million | ▲ +79.6 pp |
| 2018 | -31.1% | $-1.35 Million | $4.33 Million | $4.89 Million | $6.23 Million | ▼ -20.6 pp |
| 2017 | -10.4% | $-441.69K | $4.23 Million | $5.40 Million | $5.85 Million | ▼ -6.6 pp |
| 2016 | -3.9% | $-192.90K | $4.97 Million | $4.92 Million | $5.11 Million | ▲ +39.5 pp |
| 2015 | -43.4% | $-675.64K | $1.56 Million | $4.89 Million | $5.57 Million | ▲ +6304.8 pp |
| 2014 | -6348.2% | $-863.80K | $13.61K | $3.87 Million | $4.73 Million | ▼ -6668.2 pp |
| 2013 | 320.0% | $-1.28 Million | $-399.84K | $2.54 Million | $3.82 Million | ▲ +77.9 pp |
| 2012 | 242.0% | $-1.97 Million | $-814.53K | $1.65 Million | $3.62 Million | ▲ +120.2 pp |
| 2011 | 121.8% | $-1.10 Million | $-899.64K | $1.33 Million | $2.42 Million | ▲ +17.4 pp |
| 2010 | 104.4% | $-5.33 Million | $-5.11 Million | $798.63K | $6.13 Million | ▼ -0.1 pp |
| 2009 | 104.5% | $-5.14 Million | $-4.92 Million | $901.06K | $6.04 Million | ▼ -1.6 pp |
| 2008 | 106.1% | $-5.57 Million | $-5.25 Million | $1.09 Million | $6.67 Million | ▼ -7.4 pp |
| 2007 | 113.5% | $-4.44 Million | $-3.91 Million | $1.05 Million | $5.49 Million | ▲ +3.8 pp |
| 2006 | 109.6% | $-4.01 Million | $-3.66 Million | $1.32 Million | $5.33 Million | ▲ +58.9 pp |
| 2005 | 50.8% | $-900.40K | $-1.77 Million | $1.95 Million | $2.85 Million | ▼ -147.1 pp |
| 2004 | 197.9% | $-2.38 Million | $-1.20 Million | $707.47K | $3.09 Million | ▲ +95.2 pp |
| 2003 | 102.7% | $-339.33K | $-330.33K | $114.13K | $453.47K | — |