Qxo (QXO) Return on Capital Employed [ROCE] (2014 - 2026)
Qxo's Return on Capital Employed [ROCE] came in at -1.97% for Q2 2026, up 1.04 percentage points from -3.01% a year earlier and up 1.23 percentage points from the prior quarter.
Qxo (QXO) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, Qxo's Return on Capital Employed [ROCE] was -2.74%, up 0.08 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -4.83 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -2.82% in FY2024 (+11.06 pp), -13.88% in FY2023 (-9.59 pp), -4.30% in FY2022 (-1.88 pp) and -2.42% in FY2021 (-4.50 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is -21.26% (Q3 2023) to 7.22% (Q3 2021).
- Year-over-year, Return on Capital Employed [ROCE] increased in four of the last eight quarters, with an average year-over-year change of +5.94 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 20.01 percentage points), and the weakest in Q2 2022 (a drop of 18.16 percentage points).
- Business Quant data shows QXO's Return on Capital Employed [ROCE] at -3.20% (Q1 2026), -1.67% (Q4 2025) and -1.41% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 16.11% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 37.06% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 40.62% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 23.37% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 12.18% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 12.56% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 10.99% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 23.02% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 18.08% |
| 10 | Qxo | 2.46 Bn | -8.03 Bn | 803.00 Mn | -1.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.97% |
| Mar 31, 2026 | -3.20% |
| Dec 31, 2025 | -1.67% |
| Sep 30, 2025 | -1.41% |
| Jun 30, 2025 | -3.01% |
| Mar 31, 2025 | -2.19% |
| Dec 31, 2024 | -1.41% |
| Sep 30, 2024 | -1.24% |
| Jun 30, 2024 | -1.27% |
| Mar 31, 2024 | -16.68% |
| Dec 31, 2023 | -16.55% |
| Sep 30, 2023 | -21.26% |
| Jun 30, 2023 | 4.74% |
| Mar 31, 2023 | 0.04% |
| Dec 31, 2022 | -3.87% |
| Sep 30, 2022 | -8.49% |
| Jun 30, 2022 | -9.10% |
| Mar 31, 2022 | -7.01% |
| Dec 31, 2021 | -2.26% |
| Sep 30, 2021 | 7.22% |
Qxo Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=QXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();