Qxo (QXO) Current Deferred Tax Assets (2013 - 2024)

Qxo (QXO) recorded quarterly Current Deferred Tax Assets of $1.3 million in Q1 2024, up 74.01% quarter-over-quarter from $735908.0 in Q4 2023, and down 28.55% on a YoY basis from $1.8 million in Q2 2023.

Qxo (QXO) Current Deferred Tax Assets (2013 - 2024) Analysis & Trends

Qxo's Current Deferred Tax Assets history runs 7 years deep, the most recent figure standing at $1.3 million for Q1 2024.

  • In Q1 2024, Current Deferred Tax Assets fell 28.55% year-over-year to $1.3 million; the TTM figure through Mar 2024 stood at $1.3 million (down 28.55% YoY), while the FY2023 annual figure was $735908.0, down 51.49% from the prior year.
  • Current Deferred Tax Assets was $1.3 million for Q1 2024 at Qxo, up from $735908.0 in the prior quarter.
  • In the past five years, Current Deferred Tax Assets ranged from a high of $2.0 million in Q2 2023 to a low of $5000.0 in Q3 2023.
  • Historically, Current Deferred Tax Assets has averaged $1.2 million across 3 years, with a median of $1.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Current Deferred Tax Assets plunged 99.55% in 2023, then dropped 28.55% in 2024.
  • A 3-year view of Current Deferred Tax Assets shows it stood at $1.5 million in 2022, then tumbled by 51.49% to $735908.0 in 2023, then jumped by 74.01% to $1.3 million in 2024.
  • The last three Current Deferred Tax Assets figures came in at $1.3 million (Q1 2024), $735908.0 (Q4 2023), and $5000.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 W.W. Grainger 62.94 Bn 62.76 Bn 1.75 Bn
2 Fastenal 53.43 Bn 53.12 Bn 982.90 Mn
3 Ferguson Enterprises 44.77 Bn 43.95 Bn 2.32 Bn
4 Wesco International 16.87 Bn 16.17 Bn 1.29 Bn
5 Watsco 14.40 Bn 14.26 Bn 427.56 Mn
6 Qxo 12.38 Bn 9.33 Bn 409.30 Mn
7 Applied Industrial Technologies 11.89 Bn 11.72 Bn 380.80 Mn
8 Core & Main 9.06 Bn 8.99 Bn 520.00 Mn
9 Pool 7.12 Bn 7.04 Bn 329.87 Mn
10 Msc Industrial Direct 6.50 Bn 6.45 Bn 377.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 1.28 Mn
Mar 31, 2024 1.28 Mn
Dec 31, 2023 735,908.00
Dec 31, 2023 735,908.00
Sep 30, 2023 5,000.00
Sep 30, 2023 5,000.00
Jun 30, 2023 2.03 Mn
Jun 30, 2023 2.03 Mn
Mar 31, 2023 1.79 Mn
Mar 31, 2023 1.79 Mn
Dec 31, 2022 1.52 Mn
Dec 31, 2022 1.52 Mn
Sep 30, 2022 1.12 Mn
Sep 30, 2022 1.12 Mn
Dec 31, 2016 355,000.00
Dec 31, 2016 355,000.00
Sep 30, 2016 355,000.00
Sep 30, 2016 355,000.00
Jun 30, 2016 38,000.00
Jun 30, 2016 38,000.00