Qxo (QXO) Net Margin (2010 - 2026)
Qxo (QXO) reported Net Margin of -1.69% for Q2 2026, up 1.40 percentage points from -3.10% a year earlier and up 11.43 percentage points from the prior quarter.
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Analysis
Qxo (QXO) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Qxo's Net Margin came in at -5.17%, down 4.06 percentage points year-over-year; for FY2025, it was -4.08%, down 53.29 percentage points from FY2024.
- Net Margin has a five-year change of -4.51 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 49.21% in FY2024 (+51.17 pp), -1.96% in FY2023 (-1.34 pp), -0.63% in FY2022 (-0.30 pp) and -0.32% in FY2021 (-0.75 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q1 2025.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of -1.00 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2024 (a gain of 147.02 percentage points); the low point was Q3 2025 (a drop of 136.41 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -13.13% (Q1 2026), -4.11% (Q4 2025) and -5.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.68 Bn | 56.66 Bn | 1.98 Bn | 11.35% |
| 2 | Fastenal | 56.84 Bn | 55.76 Bn | 1.06 Bn | 16.04% |
| 3 | Ferguson Enterprises | 43.23 Bn | 40.45 Bn | 2.32 Bn | 5.54% |
| 4 | Sunbelt Rentals Holdings | 30.01 Bn | 29.89 Bn | 1.25 Bn | 14.06% |
| 5 | Reliance | 19.64 Bn | 18.69 Bn | 1.30 Bn | 6.97% |
| 6 | Wesco International | 17.52 Bn | 14.83 Bn | 1.46 Bn | 3.14% |
| 7 | Applied Industrial Technologies | 12.22 Bn | 12.09 Bn | 411.22 Mn | 8.77% |
| 8 | Watsco | 10.77 Bn | 8.93 Bn | 578.93 Mn | 7.25% |
| 9 | Avantor | 10.19 Bn | 8.98 Bn | 537.00 Mn | 2.25% |
| 10 | Qxo | 2.38 Bn | -8.10 Bn | 803.00 Mn | -1.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.69% |
| Mar 31, 2026 | -13.13% |
| Dec 31, 2025 | -4.11% |
| Sep 30, 2025 | -5.11% |
| Jun 30, 2025 | -3.10% |
| Mar 31, 2025 | 65.19% |
| Dec 31, 2024 | 76.35% |
| Sep 30, 2024 | 131.30% |
| Jun 30, 2024 | -4.14% |
| Mar 31, 2024 | 0.96% |
| Dec 31, 2023 | 2.85% |
| Sep 30, 2023 | -15.72% |
| Jun 30, 2023 | 2.59% |
| Mar 31, 2023 | 2.11% |
| Dec 31, 2022 | -0.16% |
| Sep 30, 2022 | -1.23% |
| Jun 30, 2022 | -0.83% |
| Mar 31, 2022 | -0.37% |
| Dec 31, 2021 | -3.62% |
| Sep 30, 2021 | -2.37% |
API Access
Qxo Net Margin 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=net-margin&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();