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
DateValue
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