Qxo (QXO) Debt Ratio (2009 - 2026)
Qxo's (QXO) Debt Ratio was 0.27 for Q2 2026, up 40.3% from 0.19 a year earlier and up 45.2% from the prior quarter.
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Analysis
Qxo (QXO) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Qxo was 0.19.
- By year, Debt Ratio came in at 0.00 in FY2024 (-99.3%), 0.08 in FY2023 (-20.7%), 0.10 in FY2022 (+48.2%) and 0.07 in FY2021 (-18.9%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q2 2011.
- The high point for year-over-year Debt Ratio in five years was Q1 2022 (growth of 237.0%); the low point was Q4 2024 (a decline of 99.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.18 (Q1 2026), 0.19 (Q4 2025) and 0.19 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 69.71 Bn | 67.47 Bn | 2.01 Bn | 0.27 |
| 2 | United Rentals | 69.67 Bn | 68.79 Bn | 2.05 Bn | 0.45 |
| 3 | Fastenal | 63.32 Bn | 62.32 Bn | 1.10 Bn | 0.02 |
| 4 | Ferguson Enterprises | 49.80 Bn | 47.02 Bn | 2.32 Bn | 0.23 |
| 5 | Sunbelt Rentals Holdings | 33.71 Bn | 33.59 Bn | 1.25 Bn | 0.36 |
| 6 | Reliance | 21.79 Bn | 20.85 Bn | 1.45 Bn | 0.14 |
| 7 | Wesco International | 15.66 Bn | 12.70 Bn | 1.57 Bn | 0.32 |
| 8 | Qxo | 13.09 Bn | 4.38 Bn | 1.38 Bn | 0.26 |
| 9 | Watsco | 11.10 Bn | 9.17 Bn | 586.29 Mn | 0.11 |
| 10 | Applied Industrial Technologies | 10.86 Bn | 10.75 Bn | 392.21 Mn | 0.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.26 |
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.06 |
API Access
Qxo Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "QXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();