INGM vs XRX vs CNXN Stock Comparison

Ingram Micro Holding, Xerox Holdings and Pc Connection Prices as of Oct 29, 2026 Peers: Industry group
INGM Ingram Micro Holding Corp
$28.59 +6.1% 1M +30.1% 1Y
Market cap
$6.44B
P/E
13.9x
Revenue (TTM)
$58.59B
Div. yield
0.01%
Technology Distribution Technology
5 wins
XRX Xerox Holdings Corp
$1.66 -48.3% 1M -51.6% 1Y
Market cap
$195.69M
P/E
–
Revenue (TTM)
$7.49B
Div. yield
0.21%
Office Equipment Industrials
3 wins
CNXN Pc Connection Inc
$85.62 -4.3% 1M +40.6% 1Y
Market cap
$2.16B
P/E
21.1x
Revenue (TTM)
$3.15B
Div. yield
–
Technology Distribution Technology
4 wins

Head to Head

12 decided of 12

Ingram Micro Holding leads on 5 of the 12 questions below (Ingram Micro Holding 5, Pc Connection 4, Xerox Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionINGMXRXCNXNLeader
Larger companyMarket capitalisation $6.44B $195.69M $2.16B INGM
Cheaper on earningsLower P/E, profitable companies only 13.9x -0.2x 21.1x INGM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.8x 11.1x 21.0x INGM
Faster revenue growthRevenue growth, trailing twelve months +14.8% +18.9% +9.5% XRX
More profitableNet margin, trailing twelve months 0.8% -12.4% 3.3% CNXN
Better return on capitalReturn on invested capital 8.5% -1,131.5% — INGM
Less leveragedLower net debt / EBITDA 2.3x 0.1x — XRX
Higher dividend yieldTrailing dividend yield 0.01% 0.21% 0.00% XRX
Better 1-year returnPrice return, last 12 months +30.1% -51.6% +40.6% CNXN
Better 5-year returnAnnualised price return, 5 years — -37.8%/yr +13.2%/yr CNXN
Less volatileAnnualised volatility, 1 year 44.0% 103.5% 25.9% CNXN
Higher overall scoreMean of the five percentile scores vs peers 52/100 38/100 45/100 INGM

Percentile Scorecard

INGMXRXCNXN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisINGMXRXCNXN
Valuation 69 #16 of 50 90 #12 of 113 33 #34 of 50
Growth 93 #4 of 45 26 #71 of 96 39 #28 of 45
Profitability 33 #27 of 40 12 #80 of 91 51 #20 of 40
Financial Health 22 #47 of 60 32 #83 of 122 78 #14 of 60
Shareholder Returns 41 #17 of 28 28 #48 of 66 22 #22 of 28
Overall 52 38 45
  • INGM ranked among 65 companies in Technology Services
  • XRX ranked among 130 companies in Business Services
  • CNXN ranked among 65 companies in Technology Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodINGMXRXCNXNSPY
1 month +6.1%-48.3%-4.3% +0.7%
3 months -5.8%-52.4%+3.8% +3.7%
6 months -7.1%-26.2%+34.3% +7.1%
Year to date +34.0%-30.0%+48.2% +12.8%
1 year +30.1%-51.6%+40.6% +11.9%
3 years —-86.5%+61.8% +85.2%
3 years, per year —-48.7%+17.4% +22.8%
5 years —-90.7%+85.9% +67.6%
5 years, per year —-37.8%+13.2% +10.9%
10 years —-93.6%+272.6% +262.0%
10 years, per year —-24.0%+14.1% +13.7%

Risk

MeasureINGMXRXCNXNSPY
Volatility, 1Y 44.0%103.5%25.9% 12.7%
Downside volatility, 1Y 47.0%103.7%25.5% 12.6%
Beta vs S&P 500, 1Y 1.242.450.59 1.00
Return / volatility, 1Y 0.68-0.501.57 0.94
Max drawdown, 5Y -40.8%-94.9%-30.8% -25.4%
From 52-week high -9.6%-54.1%-10.1% -1.2%
52-week high $31.64$3.62$95.22 $779.14
52-week low $19.51$1.22$55.83 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleINGMXRXCNXN
P/E now vs peer median 14.3xmedian 17.5x -0.2xmedian 21.9x 21.1xmedian 17.5x
P/S now vs peer median 0.1xmedian 0.7x 0.0xmedian 0.9x 0.7xmedian 0.7x
EV/EBITDA now vs peer median 7.6xmedian 10.4x 0.0xmedian 11.9x 13.1xmedian 10.4x
P/FCF now vs peer median 43.5xmedian 13.3x 3.4xmedian 14.4x -105.0xmedian 13.3x
P/B now vs peer median 1.5xmedian 1.5x 0.7xmedian 2.4x 2.2xmedian 1.5x
PEG now vs peer median —median 1.28 0.00median 0.97 1.95median 1.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsINGMXRXCNXN
Revenue $58.59B $7.49B $3.15B
Gross profit $3.85B $2.16B $587.68M
Operating income $1.06B -$5.71B $127.81M
Net income $462.23M -$925.00M $102.56M
Free cash flow $154.57M $64.00M -$20.58M
R&D – $255.00M –
EPS (diluted) $1.99 $-7.29 $4.03
Cash & equivalents $1.00B $495.00M $124.60M
Total debt $3.90B $82.00M –
Shares (diluted) 231.77M 126.92M 25.44M
Enterprise value $1.85B -$1.88B $660.31M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricINGMXRXCNXN
P/E 14.3x -0.2x 21.1x
P/FCF 43.5x 3.4x -105.0x
P/Operating cash flow 22.4x 1.0x -174.3x
P/S 0.1x 0.0x 0.7x
P/B 1.5x 0.7x 2.2x
P/Tangible book 1.8x -0.4x 2.2x
EV/EBITDA 7.6x 0.0x 13.1x
EV/EBIT 9.1x 0.0x 14.2x
EV/Revenue 0.2x 0.0x 0.6x
EV/FCF 62.3x -3.0x -88.4x
EV/Operating cash flow 32.0x -0.9x -146.6x
PEG (3Y EPS CAGR) – 0.00 1.95

Growth

14 metrics
MetricINGMXRXCNXN
Revenue growth (1Y) 14.8% 18.9% 9.5%
Revenue CAGR (3Y) – 1.5% 3.0%
Gross profit growth (1Y) 10.8% 9.9% 10.2%
Gross profit CAGR (3Y) – -5.3% 5.1%
Operating income growth (1Y) 30.2% -4.8% 30.0%
Operating income CAGR (3Y) – -5.6% 8.8%
Net income growth (1Y) 59.6% 35.0% 22.5%
Net income CAGR (3Y) – -54.5% 9.4%
EPS growth (1Y) 62.2% 35.5% 22.7%
EPS CAGR (3Y) – -65.6% 10.8%
Operating cash flow growth (1Y) 189.9% -40.9% -119.6%
Operating cash flow CAGR (3Y) – -14.8% -27.3%
Free cash flow growth (1Y) 133.3% -77.1% -136.9%
Free cash flow CAGR (3Y) – -38.9% -28.2%

Profitability

14 metrics
MetricINGMXRXCNXN
Gross margin 6.6% 28.9% 18.6%
EBITDA margin 2.2% -71.1% 4.4%
Operating margin 1.8% -76.3% 4.1%
Pretax margin 1.2% -5.2% 4.4%
Net margin 0.8% -12.4% 3.3%
FCF margin 0.3% 0.9% -0.7%
Operating cash flow margin 0.5% 2.9% -0.4%
Return on equity 10.7% -291.7% 10.6%
Return on assets 2.1% -9.4% 7.0%
Return on invested capital 8.5% -1,131% –
Return on capital employed 15.2% -85.4% 13.3%
Asset turnover 2.6x 0.8x 2.1x
Cash conversion (OCF / net income) 0.7x -0.2x -0.1x
Stock comp / revenue 0.1% 0.5% 0.3%

Financial Health

11 metrics
MetricINGMXRXCNXN
Debt / assets 16.9% 0.8% –
Debt / equity 0.9x 0.2x –
Net debt / EBITDA 2.3x 0.1x –
Debt / FCF 25.2x 1.3x –
Liabilities / assets 81.0% 96.6% 35.3%
Equity / assets 19.0% 3.4% 64.7%
Interest coverage 3.6x -19.0x –
Current ratio 1.3x 1.2x 2.7x
Quick ratio 0.8x 0.6x 2.2x
Cash ratio 0.1x 0.2x 0.7x
Altman Z-score 3.27 -0.75 6.37

Shareholder Returns

7 metrics
MetricINGMXRXCNXN
Dividend yield 1.2% 6.9% 0.9%
Net buyback yield 1.8% – 0.6%
Shareholder yield 3.0% 6.9% 1.5%
Payout ratio (earnings) 17.4% -4.4% –
Payout ratio (FCF) 52.0% 64.1% –
Dividend growth (1Y) 36.0% -73.5% –
Dividend CAGR (3Y) – -40.2% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusINGMXRXCNXN
Forward P/E 8.8xFY2026 11.1xFY2026 21.0xFY2026
EPS, next fiscal year $3.25FY2026 $0.15FY2026 $4.08FY2026
EPS growth, next FY +12.1%FY2026 – +18.6%FY2026
EPS growth, the year after +10.2% +173.3% +2.2%
Revenue, next fiscal year $55.78BFY2026 $7.17BFY2026 $2.93BFY2026
Revenue growth, next FY +6.1%FY2026 +2.1%FY2026 +2.2%FY2026
Revenue growth, the year after +3.1% +1.3% +4.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersINGMXRXCNXN
Held by institutions 100.0% 71.2% 41.2%
Institutions holding 228 232 187
Change in shares held, QoQ +1.0% +5.7% -0.3%
Institutions buying 165 131 98
Institutions selling 44 57 61
Buyers to sellers 3.75 2.30 1.61

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

INGMXRXCNXN
INGM 1.00 0.20 0.35
XRX 0.20 1.00 0.19
CNXN 0.35 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, INGM, XRX and CNXN?

Ingram Micro Holding (INGM) is the largest by market capitalisation: Ingram Micro Holding (INGM) $6.44B, Xerox Holdings (XRX) $195.69M, Pc Connection (CNXN) $2.16B.

Which stock is cheaper, INGM, XRX and CNXN?

Ingram Micro Holding (INGM) trades on the lowest price-to-earnings ratio (Ingram Micro Holding (INGM) 13.9x, Xerox Holdings (XRX) -0.2x, Pc Connection (CNXN) 21.1x). On next year's consensus earnings, Ingram Micro Holding (INGM) is cheapest (Ingram Micro Holding (INGM) 8.8x, Xerox Holdings (XRX) 11.1x, Pc Connection (CNXN) 21.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Xerox Holdings (XRX) grew revenue fastest over the trailing twelve months: Ingram Micro Holding (INGM) +14.8%, Xerox Holdings (XRX) +18.9%, Pc Connection (CNXN) +9.5%.

Which company is more profitable?

Pc Connection (CNXN) has the highest net margin (Ingram Micro Holding (INGM) 0.8%, Xerox Holdings (XRX) -12.4%, Pc Connection (CNXN) 3.3%). On return on invested capital, Ingram Micro Holding (INGM) leads (Ingram Micro Holding (INGM) 8.5%, Xerox Holdings (XRX) -1,131.5%).

Which stock has performed better?

Over the past year Pc Connection (CNXN) returned the most: Ingram Micro Holding (INGM) +30.1%, Xerox Holdings (XRX) -51.6%, Pc Connection (CNXN) +40.6%. Over five years, Pc Connection (CNXN) compounded fastest (Xerox Holdings (XRX) -37.8%/yr, Pc Connection (CNXN) +13.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Xerox Holdings (XRX) has the highest dividend yield: Ingram Micro Holding (INGM) 0.01%, Xerox Holdings (XRX) 0.21%, Pc Connection (CNXN) 0.00%. Pc Connection (CNXN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Pc Connection (CNXN) has been the steadiest (Ingram Micro Holding (INGM) 44.0%, Xerox Holdings (XRX) 103.5%, Pc Connection (CNXN) 25.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, INGM, XRX and CNXN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ingram Micro Holding (INGM) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.