Qxo (QXO) Interest Expenses (2018 - 2024)
Qxo's quarterly Interest Expenses came in at $20060.0 in Q1 2024, up 16.26% year-on-year from $17255.0 in Q2 2023, and down 99.32% quarter-over-quarter from $2.9 million in Q4 2023.
Qxo has reported Interest Expenses for 5 years, with the latest figure at $20060.0 in Q1 2024.
- For the quarter ending Q1 2024, Interest Expenses rose 16.26% year-over-year to $20060.0; the trailing twelve-month figure through Dec 2024 stood at $20060.0 (down 99.66% YoY), and the FY2023 full-year result was $3.0 million, up 3254.27% from the prior year.
- Interest Expenses for Q1 2024 stood at $20060.0, down from $2.9 million in the prior quarter.
- The five-year high for Interest Expenses was $3.0 million in Q3 2023, with the low at $7167.0 in Q2 2021.
- Average Interest Expenses over 4 years is $509202.3, with a median of $19456.0 recorded in 2022.
- Peak annual rise in Interest Expenses reached 12877.35% in 2023, while the deepest fall reached 26.8% in 2023.
- Tracing QXO's Interest Expenses over 4 years: stood at $11243.0 in 2021, then surged by 101.76% to $22684.0 in 2022, then jumped by 12877.35% to $2.9 million in 2023, then sank by 99.32% to $20060.0 in 2024.
- The last three Interest Expenses figures came in at $20060.0 (Q1 2024), $2.9 million (Q4 2023), and $3.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -341.86 Mn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 108.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 31.61 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 63.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 78.70 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 70.00 Mn |
| 10 | Qxo | 12.41 Bn | 9.36 Bn | 409.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 20,060.00 |
| Mar 31, 2024 | 20,060.00 |
| Dec 31, 2023 | 2.94 Mn |
| Dec 31, 2023 | 2.94 Mn |
| Sep 30, 2023 | 2.99 Mn |
| Sep 30, 2023 | 2.99 Mn |
| Jun 30, 2023 | 17,422.00 |
| Jun 30, 2023 | 17,422.00 |
| Mar 31, 2023 | 17,255.00 |
| Mar 31, 2023 | 17,255.00 |
| Dec 31, 2022 | 22,684.00 |
| Dec 31, 2022 | 22,684.00 |
| Sep 30, 2022 | 23,688.00 |
| Sep 30, 2022 | 23,688.00 |
| Jun 30, 2022 | 23,800.00 |
| Jun 30, 2022 | 23,800.00 |
| Mar 31, 2022 | 18,852.00 |
| Mar 31, 2022 | 18,852.00 |
| Dec 31, 2021 | 11,243.00 |
| Dec 31, 2021 | 11,243.00 |
| Sep 30, 2021 | 18,367.00 |
| Sep 30, 2021 | 18,367.00 |
| Jun 30, 2021 | 7,167.00 |
| Jun 30, 2021 | 7,167.00 |
| Sep 30, 2018 | 34,916.00 |
| Sep 30, 2018 | 34,916.00 |
| Jun 30, 2018 | 41,629.00 |
| Jun 30, 2018 | 41,629.00 |
| Mar 31, 2018 | 62,102.00 |
| Mar 31, 2018 | 62,102.00 |