Qxo (QXO) Invested Capital (2010 - 2026)
Qxo (QXO) recorded quarterly Invested Capital of $13.2 billion in Q1 2026, up 3.6% quarter-over-quarter from $12.8 billion in Q4 2025, and up 161.18% on a YoY basis from $5.1 billion in Q1 2025.
Qxo (QXO) Invested Capital (2010 - 2026) Analysis & Trends
Qxo's Invested Capital history runs 17 years deep, the most recent figure standing at $13.2 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 161.18% year-over-year to $13.2 billion; the TTM figure through Mar 2026 stood at $13.2 billion (up 161.18% YoY), while the FY2025 annual figure was $12.8 billion, up 152.61% from the prior year.
- Invested Capital was $13.2 billion for Q1 2026 at Qxo, up from $12.8 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $13.2 billion in Q1 2026 to a low of $7.5 million in Q3 2023.
- Historically, Invested Capital has averaged $4.0 billion across 5 years, with a median of $10.7 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Invested Capital declined 26.37% in 2023, then surged 67068.25% in 2024.
- A 5-year view of Invested Capital shows it stood at $10.2 million in 2022, then decreased by 9.52% to $9.2 million in 2023, then soared by 54822.83% to $5.1 billion in 2024, then soared by 152.61% to $12.8 billion in 2025, then rose by 3.6% to $13.2 billion in 2026.
- The last three Invested Capital figures came in at $13.2 billion (Q1 2026), $12.8 billion (Q4 2025), and $12.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.94 Bn | 62.76 Bn | 1.75 Bn | 6.63 Bn |
| 2 | Fastenal | 53.43 Bn | 53.12 Bn | 982.90 Mn | 4.11 Bn |
| 3 | Ferguson Enterprises | 44.77 Bn | 43.95 Bn | 2.32 Bn | 6.17 Bn |
| 4 | Wesco International | 16.87 Bn | 16.17 Bn | 1.29 Bn | 5.35 Bn |
| 5 | Watsco | 14.40 Bn | 14.26 Bn | 427.56 Mn | 2.88 Bn |
| 6 | Qxo | 12.38 Bn | 9.33 Bn | 409.30 Mn | 13.22 Bn |
| 7 | Applied Industrial Technologies | 11.89 Bn | 11.72 Bn | 380.80 Mn | 1.88 Bn |
| 8 | Core & Main | 9.06 Bn | 8.99 Bn | 520.00 Mn | 2.06 Bn |
| 9 | Pool | 7.12 Bn | 7.04 Bn | 329.87 Mn | 1.15 Bn |
| 10 | Msc Industrial Direct | 6.50 Bn | 6.45 Bn | 377.59 Mn | 1.90 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.22 Bn |
| Dec 31, 2025 | 12.76 Bn |
| Sep 30, 2025 | 12.87 Bn |
| Jun 30, 2025 | 12.97 Bn |
| Mar 31, 2025 | 5.06 Bn |
| Dec 31, 2024 | 5.05 Bn |
| Sep 30, 2024 | 5.04 Bn |
| Jun 30, 2024 | 972.68 Mn |
| Mar 31, 2024 | 7.95 Mn |
| Dec 31, 2023 | 9.20 Mn |
| Sep 30, 2023 | 7.51 Mn |
| Jun 30, 2023 | 10.72 Mn |
| Mar 31, 2023 | 10.43 Mn |
| Dec 31, 2022 | 10.17 Mn |
| Sep 30, 2022 | 10.20 Mn |
| Jun 30, 2022 | 10.05 Mn |
| Mar 31, 2022 | 9.66 Mn |
| Dec 31, 2021 | 10.19 Mn |
| Sep 30, 2021 | 9.74 Mn |
| Jun 30, 2021 | 12.92 Mn |