Qxo (QXO) Return on Invested Capital [ROIC] (2014 - 2026)
Qxo (QXO) reported Return on Invested Capital [ROIC] of -2.28% for Q2 2026, down 1.90 percentage points from -0.38% a year earlier but up 0.59 percentage points from the prior quarter.
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Analysis
Qxo (QXO) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
Dating back to Q2 2014, Qxo's Return on Invested Capital [ROIC] record includes 49 quarters.
- Return on Invested Capital [ROIC] has a five-year change of -4.23 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -1.55% in FY2024 (+8.23 pp), -9.78% in FY2023 (-7.73 pp), -2.05% in FY2022 (-2.05 pp) and 0.00% in FY2021 (-1.95 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -14.82% in Q3 2023 and a high of 5.40% in Q3 2021.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last four quarters, with an average year-over-year change of +4.04 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2024 (a gain of 13.90 percentage points); the low point was Q2 2022 (a drop of 15.65 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -2.86% (Q1 2026), -1.59% (Q4 2025) and -1.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 69.71 Bn | 67.47 Bn | 2.01 Bn | 32.31% |
| 2 | United Rentals | 69.67 Bn | 68.79 Bn | 2.05 Bn | 14.00% |
| 3 | Fastenal | 63.32 Bn | 62.32 Bn | 1.10 Bn | 33.58% |
| 4 | Ferguson Enterprises | 49.80 Bn | 47.02 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 33.71 Bn | 33.59 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 21.79 Bn | 20.85 Bn | 1.45 Bn | 12.54% |
| 7 | Wesco International | 15.66 Bn | 12.70 Bn | 1.57 Bn | 9.77% |
| 8 | Qxo | 13.09 Bn | 4.38 Bn | 1.38 Bn | -1.42% |
| 9 | Watsco | 11.10 Bn | 9.17 Bn | 586.29 Mn | 13.27% |
| 10 | Applied Industrial Technologies | 10.86 Bn | 10.75 Bn | 392.21 Mn | 20.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.42% |
| Jun 30, 2026 | -2.28% |
| Mar 31, 2026 | -2.86% |
| Dec 31, 2025 | -1.59% |
| Sep 30, 2025 | -1.42% |
| Jun 30, 2025 | -0.38% |
| Mar 31, 2025 | -1.18% |
| Dec 31, 2024 | -0.77% |
| Sep 30, 2024 | -0.92% |
| Jun 30, 2024 | -0.99% |
| Mar 31, 2024 | -12.65% |
| Dec 31, 2023 | -12.03% |
| Sep 30, 2023 | -14.82% |
| Jun 30, 2023 | 4.59% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | -2.01% |
| Sep 30, 2022 | -7.55% |
| Jun 30, 2022 | -8.49% |
| Mar 31, 2022 | -6.67% |
| Dec 31, 2021 | 0.00% |
API Access
Qxo Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=QXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();