Qxo (QXO) Interest Coverage Ratio (2021 - 2024)
Qxo's (QXO) Interest Coverage Ratio was 11.37 for Q1 2024, down 46.9% from 21.42 a year earlier and down 64.1% from the prior quarter.
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Analysis
Qxo (QXO) Interest Coverage Ratio (2021 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Qxo's Interest Coverage Ratio came in at -24.83; for FY2023, it was -23.55.
- By year, Interest Coverage Ratio came in at -4.33 in FY2022 and -4.94 in FY2021.
- Five-year quarterly Interest Coverage Ratio spans a low of -334.51 in Q3 2023 and a high of 31.63 in Q4 2023.
- Per Business Quant data, the three quarters before Q1 2024 came in at 31.63 (Q4 2023), -334.51 (Q3 2023) and 26.17 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.44 Bn | 63.20 Bn | 1.73 Bn | - |
| 2 | W.W. Grainger | 60.37 Bn | 58.35 Bn | 1.98 Bn | - |
| 3 | Fastenal | 57.63 Bn | 56.55 Bn | 1.06 Bn | 418.17 |
| 4 | Ferguson Enterprises | 43.02 Bn | 40.24 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 31.00 Bn | 30.88 Bn | 1.25 Bn | - |
| 6 | Reliance | 20.06 Bn | 19.10 Bn | 1.30 Bn | 24.26 |
| 7 | Wesco International | 18.10 Bn | 15.41 Bn | 1.46 Bn | - |
| 8 | Applied Industrial Technologies | 12.49 Bn | 12.37 Bn | 411.22 Mn | - |
| 9 | Watsco | 10.72 Bn | 8.88 Bn | 578.93 Mn | - |
| 10 | Qxo | 2.46 Bn | -8.03 Bn | 803.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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();