Qxo (QXO-PB) Net Margin (2010 - 2026)
Qxo (QXO-PB) recorded quarterly Net Margin of 13.13% in Q1 2026, down 219.28% quarter-over-quarter from 4.11% in Q4 2025, and down 7831.0% on a YoY basis from 0.17% in Q1 2025.
Qxo (QXO-PB) Net Margin (2010 - 2026) Analysis & Trends
Qxo's Net Margin history runs 16 years deep, the most recent figure standing at 13.13% for Q1 2026.
- In Q1 2026, Net Margin fell 7831.0% year-over-year to 13.13%; the TTM figure through Mar 2026 stood at 6.02% (down 7167.0% YoY), while the FY2025 annual figure was 4.08%, down 5329.0% from the prior year.
- Net Margin was 13.13% for Q1 2026 at Qxo, down from 4.11% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 131.3% in Q3 2024 to a low of 15.72% in Q3 2023.
- Historically, Net Margin has averaged 13.73% across 5 years, with a median of 0.37% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 14702 bps in 2024, then plunged 13641 bps in 2025.
- A 5-year view of Net Margin shows it stood at 0.16% in 2022, then surged by 1908 bps to 2.85% in 2023, then soared by 2579 bps to 76.35% in 2024, then sank by 105 bps to 4.11% in 2025, then sank by 219 bps to 13.13% in 2026.
- The last three Net Margin figures came in at 13.13% (Q1 2026), 4.11% (Q4 2025), and 5.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.94 Bn | 62.76 Bn | 1.75 Bn | 10.82% |
| 2 | Fastenal | 53.43 Bn | 53.12 Bn | 982.90 Mn | 15.43% |
| 3 | Ferguson Enterprises | 44.77 Bn | 43.95 Bn | 2.32 Bn | 5.54% |
| 4 | Wesco International | 16.87 Bn | 16.17 Bn | 1.29 Bn | 2.53% |
| 5 | Watsco | 14.40 Bn | 14.26 Bn | 427.56 Mn | 4.63% |
| 6 | Qxo | 12.38 Bn | 9.33 Bn | 409.30 Mn | -13.13% |
| 7 | Applied Industrial Technologies | 11.89 Bn | 11.72 Bn | 380.80 Mn | 7.97% |
| 8 | Core & Main | 9.06 Bn | 8.99 Bn | 520.00 Mn | 5.92% |
| 9 | Pool | 7.12 Bn | 7.04 Bn | 329.87 Mn | 4.68% |
| 10 | Qxo | - | - | 409.30 Mn | -13.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.13% |
| Dec 31, 2025 | -4.11% |
| Sep 30, 2025 | -5.11% |
| Jun 30, 2025 | -3.07% |
| Mar 31, 2025 | 65.19% |
| Dec 31, 2024 | 76.35% |
| Sep 30, 2024 | 131.30% |
| Jun 30, 2024 | -4.14% |
| Mar 31, 2024 | 0.96% |
| Dec 31, 2023 | 2.85% |
| Sep 30, 2023 | -15.72% |
| Jun 30, 2023 | 2.59% |
| Mar 31, 2023 | 2.11% |
| Dec 31, 2022 | -0.16% |
| Sep 30, 2022 | -1.23% |
| Jun 30, 2022 | -0.83% |
| Mar 31, 2022 | -0.37% |
| Dec 31, 2021 | -3.62% |
| Sep 30, 2021 | -2.37% |
| Jun 30, 2021 | 1.27% |