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| Date | Value |
|---|---|
| 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 |