Qxo (QXO) Interest Coverage Ratio (2021 - 2025)
Qxo's (QXO) Interest Coverage Ratio was -0.93 for Q1 2025, compared with 11.37 a year earlier.
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Analysis
Qxo (QXO) Interest Coverage Ratio (2021 - 2025) Analysis & Trends
Over the twelve months ended Mar 31, 2025, Qxo's Interest Coverage Ratio came in at -2.62; for FY2024, it was -0.40.
- By year, Interest Coverage Ratio came in at -23.55 in FY2023, -4.33 in FY2022 and -4.94 in FY2021.
- The Q1 2025 figure ranks as the lowest quarterly Interest Coverage Ratio since Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 69.71 Bn | 67.47 Bn | 2.01 Bn | 39.43 |
| 2 | United Rentals | 69.67 Bn | 68.79 Bn | 2.05 Bn | - |
| 3 | Fastenal | 63.32 Bn | 62.32 Bn | 1.10 Bn | 663.50 |
| 4 | Ferguson Enterprises | 49.80 Bn | 47.02 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 33.71 Bn | 33.59 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.79 Bn | 20.85 Bn | 1.45 Bn | 30.01 |
| 7 | Wesco International | 15.66 Bn | 12.70 Bn | 1.57 Bn | 4.82 |
| 8 | Qxo | 13.09 Bn | 4.38 Bn | 1.38 Bn | - |
| 9 | Watsco | 11.10 Bn | 9.17 Bn | 586.29 Mn | - |
| 10 | Applied Industrial Technologies | 10.86 Bn | 10.75 Bn | 392.21 Mn | 46.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | -0.93 |
| Mar 31, 2024 | 11.37 |
| Dec 31, 2023 | 31.63 |
| Sep 30, 2023 | -334.51 |
| 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 |
API Access
Qxo Interest Coverage 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=interest-coverage-ratio&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();