Qxo QXO
NYSE QXO
$13.47 +0.24 (+1.85%)
As of: Sep 3, 2026 · 3:59 PM EDT

Qxo (QXO) Tax Rate (2013 - 2026)

Qxo (QXO) posted quarterly Tax Rate of 18.98% for Q1 2026, down 3015.0% year-over-year from 0.65% in Q1 2025, and up 17.94% quarter-over-quarter from 16.09% in Q4 2025.

Analysis

Qxo (QXO) Tax Rate (2013 - 2026) Analysis & Trends

Qxo's Tax Rate history runs 14 years deep, the most recent figure standing at 18.98% for Q1 2026.

  • In Q1 2026, Tax Rate fell 3015.0% year-over-year to 18.98%; the TTM figure through Mar 2026 stood at 18.82% (down 2721.0% YoY), while the FY2025 annual figure was 17.12%, down 2777.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 18.98%, up from 16.09% in the prior quarter.
  • The five-year high for Tax Rate was 75.24% in Q2 2025, with the low at 1227.62% in Q3 2025.
  • The 5-year median for Tax Rate is 21.23% (2023), against an average of 48.12%.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate soared 6263 bps in 2024, then tumbled 125380 bps in 2025.
  • Qxo's Tax Rate stood at 32.98% in 2022, then slumped by 108 bps to 2.7% in 2023, then soared by 2323 bps to 59.93% in 2024, then slumped by 73 bps to 16.09% in 2025, then climbed by 18 bps to 18.98% in 2026.
  • Business Quant data shows QXO's Tax Rate at 18.98% in Q1 2026, 16.09% in Q4 2025, and 1227.62% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 W.W. Grainger 61.85 Bn 61.26 Bn 1.98 Bn 24.81%
2 Fastenal 56.51 Bn 56.31 Bn 1.06 Bn 23.76%
3 Ferguson Enterprises 43.47 Bn 42.65 Bn 2.32 Bn 26.07%
4 Wesco International 16.51 Bn 15.70 Bn 1.46 Bn 22.94%
5 Applied Industrial Technologies 12.04 Bn 11.91 Bn 411.22 Mn 24.84%
6 Watsco 12.04 Bn 11.57 Bn 578.93 Mn 20.91%
7 Core & Main 8.28 Bn 8.13 Bn 520.00 Mn 24.67%
8 Pool 6.64 Bn 6.60 Bn 540.76 Mn 25.79%
9 Msc Industrial Direct 6.58 Bn 6.50 Bn 430.41 Mn 24.50%
10 Qxo 2.74 Bn -30.23 Mn 803.00 Mn 28.57%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 28.57%
Mar 31, 2026 18.98%
Dec 31, 2025 16.09%
Sep 30, 2025 -1,227.62%
Jun 30, 2025 75.11%
Mar 31, 2025 49.13%
Dec 31, 2024 59.93%
Sep 30, 2024 26.18%
Jun 30, 2024 25.00%
Mar 31, 2024 33.65%
Dec 31, 2023 -2.70%
Sep 30, 2023 17.77%
Jun 30, 2023 21.64%
Mar 31, 2023 21.23%
Dec 31, 2022 89.79%
Sep 30, 2022 5.00%
Jun 30, 2022 14.83%
Mar 31, 2022 -5.41%
Dec 31, 2021 -15.75%
Sep 30, 2021 22.24%