Qxo (QXO) Operating Leases (2019 - 2026)
Qxo's Operating Leases was $678 million in Q2 2026, up 18.6% from $571.5 million a year earlier and up 22.3% from the prior quarter.
Powered by 
Analysis
Qxo (QXO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Qxo came in at $562 million.
- Operating Leases shows a five-year compound annual growth rate of 262.9% (FY2020 to FY2025).
- In earlier years, Operating Leases was $100,000 in FY2024 (-61.4%), $259,000 in FY2023 (+330.1%), $60,217 in FY2022 (-87.9%) and $499,177 in FY2021 (-44.1%).
- The Q2 2026 figure marks the highest quarterly Operating Leases in data going back to Q1 2019.
- Compared with a year earlier, Operating Leases was higher in 1 of the last four quarters, with an average decline of 35.0%.
- The best year-over-year quarter for Operating Leases over five years was Q4 2023 (growth of 330.1%); the worst was Q4 2022 (a decline of 87.9%).
- Per Business Quant data, QXO's Operating Leases in the three quarters before Q2 2026 was $554.4 million (Q1 2026), $562 million (Q4 2025) and $564.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn |
| 10 | Qxo | 2.37 Bn | -8.12 Bn | 803.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 678.00 Mn |
| Mar 31, 2026 | 554.40 Mn |
| Dec 31, 2025 | 562.00 Mn |
| Sep 30, 2025 | 564.90 Mn |
| Jun 30, 2025 | 571.50 Mn |
| Mar 31, 2025 | 31,000.00 |
| Dec 31, 2024 | 100,000.00 |
| Sep 30, 2024 | 115,000.00 |
| Jun 30, 2024 | 164,000.00 |
| Mar 31, 2024 | 212,006.00 |
| Dec 31, 2023 | 259,000.00 |
| Sep 30, 2023 | 130,439.00 |
| Jun 30, 2023 | 162,303.00 |
| Mar 31, 2023 | 111,518.00 |
| Dec 31, 2022 | 60,217.00 |
| Sep 30, 2022 | 119,994.00 |
| Jun 30, 2022 | 188,592.00 |
| Mar 31, 2022 | 256,174.00 |
| Dec 31, 2021 | 499,177.00 |
| Sep 30, 2021 | 607,609.00 |
API Access
Qxo Operating Leases 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=operating-leases&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();