Qxo (QXO) Interest Coverage Ratio (2021 - 2024)
Qxo (QXO) posted quarterly Interest Coverage Ratio of 0.65 for Q1 2026, up 99.84% year-over-year from 0.32 in Q1 2025, and up 33.79% quarter-over-quarter from 0.97 in Q4 2025.
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Analysis
Qxo (QXO) Interest Coverage Ratio (2021 - 2024) Analysis & Trends
Qxo's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 0.65 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 99.84% year-over-year to 0.65; the TTM figure through Mar 2026 stood at 1.17 (changed N/A YoY), while the FY2025 annual figure was 0.63, up 99.68% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.65, up from 0.97 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 332.0 in Q4 2024, with the low at 393.0 in Q1 2025.
- The 5-year median for Interest Coverage Ratio is 0.02 (2022), against an average of 3.97.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio surged 24918.01% in 2024, then slumped 164613.08% in 2025.
- Qxo's Interest Coverage Ratio stood at 5.33 in 2022, then sank by 75.13% to 1.33 in 2023, then jumped by 24918.01% to 332.0 in 2024, then plunged by 100.29% to 0.97 in 2025, then surged by 33.79% to 0.65 in 2026.
- Business Quant data shows QXO's Interest Coverage Ratio at 0.65 in Q1 2026, 0.97 in Q4 2025, and 0.07 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.85 Bn | 61.26 Bn | 1.98 Bn | - |
| 2 | Fastenal | 56.51 Bn | 56.31 Bn | 1.06 Bn | 418.17 |
| 3 | Ferguson Enterprises | 43.47 Bn | 42.65 Bn | 2.32 Bn | - |
| 4 | Wesco International | 16.51 Bn | 15.70 Bn | 1.46 Bn | - |
| 5 | Applied Industrial Technologies | 12.04 Bn | 11.91 Bn | 411.22 Mn | - |
| 6 | Watsco | 12.04 Bn | 11.57 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.28 Bn | 8.13 Bn | 520.00 Mn | 6.56 |
| 8 | Pool | 6.64 Bn | 6.60 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.58 Bn | 6.50 Bn | 430.41 Mn | 19.83 |
| 10 | Qxo | 2.74 Bn | -30.23 Mn | 803.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 11.37 |
| Sep 30, 2023 | -0.86 |
| Jun 30, 2023 | 26.17 |
| Mar 31, 2023 | 21.42 |
| Dec 31, 2022 | -7.44 |
| Sep 30, 2022 | -4.96 |
| Jun 30, 2022 | -3.33 |
| Mar 31, 2022 | -1.05 |
| Dec 31, 2021 | -56.73 |
| Sep 30, 2021 | -15.81 |
| Jun 30, 2021 | 28.45 |