Qxo (QXO) Other Working Capital Changes (2010 - 2026)
Qxo's Other Working Capital Changes came in at $44.4 million for Q2 2026, up 119.8% from $20.2 million a year earlier and up 73.4% from the prior quarter.
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Analysis
Qxo (QXO) Other Working Capital Changes (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Qxo reported Other Working Capital Changes of $116.7 million, up 283.9% year-over-year; for FY2025, it was $67.7 million, up 454.9% from FY2024.
- Going back by year, Other Working Capital Changes was $12.2 million in FY2024, -$618,000 in FY2023, $1.21 million in FY2022 (+53.9%) and $784,908 in FY2021.
- The Q2 2026 figure represents the highest quarterly Other Working Capital Changes in data going back to Q3 2010.
- Year-over-year, Other Working Capital Changes increased in five of the last six quarters, with growth averaging 324.0%.
- The fastest year-over-year change in Other Working Capital Changes over five years came in Q2 2025 (growth of 963.2%), and the weakest in Q1 2022 (a decline of 43.6%).
- Business Quant data shows QXO's Other Working Capital Changes at $25.6 million (Q1 2026), $11.2 million (Q4 2025) and $35.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 66.79 Bn | 65.55 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 63.72 Bn | 61.32 Bn | 1.98 Bn |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 44.38 Bn | 41.59 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 32.28 Bn | 32.16 Bn | 1.25 Bn |
| 6 | Reliance | 21.45 Bn | 20.49 Bn | 1.30 Bn |
| 7 | Wesco International | 17.03 Bn | 14.34 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.67 Bn | 12.54 Bn | 411.22 Mn |
| 9 | Avantor | 11.71 Bn | 10.50 Bn | 537.00 Mn |
| 10 | Qxo | 7.90 Bn | -2.59 Bn | 803.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -44.40 Mn |
| Mar 31, 2026 | -25.60 Mn |
| Dec 31, 2025 | -11.20 Mn |
| Sep 30, 2025 | -35.50 Mn |
| Jun 30, 2025 | -21.00 Mn |
| Dec 31, 2024 | -100,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | -2.48 Mn |
| Mar 31, 2024 | -506,000.00 |
| Dec 31, 2023 | -2.23 Mn |
| Sep 30, 2023 | 2.52 Mn |
| Jun 30, 2023 | -299,021.00 |
| Mar 31, 2023 | -892,979.00 |
| Dec 31, 2022 | -940,558.00 |
| Sep 30, 2022 | 180,345.00 |
| Jun 30, 2022 | 363,241.00 |
| Mar 31, 2022 | -646,740.00 |
| Dec 31, 2021 | -371,878.00 |
| Sep 30, 2021 | 568,883.00 |
| Jun 30, 2021 | -414,999.00 |
API Access
Qxo Other Working Capital Changes 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=other-working-capital-changes&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();