Qxo (QXO) Non Operating Interest Expenses (2021 - 2024)
Qxo's Non Operating Interest Expenses came in at $20,060 for Q1 2024, up 16.3% from $17,255 a year earlier and up 50.4% from the prior quarter.
Qxo (QXO) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, Qxo reported Non Operating Interest Expenses of $58,471, down 33.1% year-over-year; for FY2023, it was $55,666, down 37.5% from FY2022.
- Going back by year, Non Operating Interest Expenses was $89,024 in FY2022 (+90.2%) and $46,802 in FY2021.
- The Q1 2024 figure represents the highest quarterly Non Operating Interest Expenses since Q4 2022.
- Year-over-year, Non Operating Interest Expenses increased in four of the last eight quarters, with growth averaging 29.4%.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q2 2022 (growth of 232.1%), and the weakest in Q3 2023 (a decline of 67.7%).
- Business Quant data shows QXO's Non Operating Interest Expenses at $13,342 (Q4 2023), $7,647 (Q3 2023) and $17,422 (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (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 | 1.20 Mn |
| 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 | 18.20 Mn |
| 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
| Date | Value |
|---|---|
| Mar 31, 2024 | 20,060.00 |
| Dec 31, 2023 | 13,342.00 |
| Sep 30, 2023 | 7,647.00 |
| Jun 30, 2023 | 17,422.00 |
| Mar 31, 2023 | 17,255.00 |
| Dec 31, 2022 | 22,684.00 |
| Sep 30, 2022 | 23,688.00 |
| Jun 30, 2022 | 23,800.00 |
| Mar 31, 2022 | 18,852.00 |
| Dec 31, 2021 | 11,243.00 |
| Sep 30, 2021 | 18,367.00 |
| Jun 30, 2021 | 7,167.00 |
Qxo Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=QXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();