Qxo (QXO) Debt Ratio (2010 - 2026)
Qxo's (QXO) Debt Ratio was 0.27 for Q2 2026, up 49.2% from 0.18 a year earlier and up 44.9% from the prior quarter.
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Analysis
Qxo (QXO) Debt Ratio (2010 - 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 (+13.9%), 0.07 in FY2022 (+34.3%) and 0.05 in FY2021 (-13.8%).
- 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 160.4%); 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 0.18 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 0.25 |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 0.02 |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 0.23 |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 0.36 |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 0.15 |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 0.33 |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 0.09 |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 0.02 |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 0.32 |
| 10 | Qxo | 2.38 Bn | -8.10 Bn | 803.00 Mn | 0.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.18 |
| 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 | 0.06 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.06 |
| Jun 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();