Qxo (QXO) Total Debt (2009 - 2026)
Qxo (QXO) recorded Total Debt of $6.04 billion in Q2 2026, up 85.8% from $3.25 billion a year earlier and up 97.5% from the prior quarter.
Analysis
Qxo (QXO) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Qxo reported Total Debt of $3.06 billion.
- Annual Total Debt has a five-year compound annual growth rate of 366.7% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $2.9 million in FY2024 (+71.0%), $1.7 million in FY2023 (-24.2%), $2.24 million in FY2022 (+76.6%) and $1.27 million in FY2021 (-8.2%).
- The Q2 2026 figure is the highest quarterly Total Debt in data going back to Q1 2009.
- Peak year-over-year performance for Total Debt in the last five years was growth of 220.6% in Q1 2022, against a decline of 48.2% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.06 billion (Q1 2026), $3.06 billion (Q4 2025) and $3.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 69.71 Bn | 67.47 Bn | 2.01 Bn | 2.69 Bn |
| 2 | United Rentals | 69.67 Bn | 68.79 Bn | 2.05 Bn | 14.67 Bn |
| 3 | Fastenal | 63.32 Bn | 62.32 Bn | 1.10 Bn | 100.00 Mn |
| 4 | Ferguson Enterprises | 49.80 Bn | 47.02 Bn | 2.32 Bn | 4.13 Bn |
| 5 | Sunbelt Rentals Holdings | 33.71 Bn | 33.59 Bn | 1.25 Bn | 8.56 Bn |
| 6 | Reliance | 21.79 Bn | 20.85 Bn | 1.45 Bn | 1.64 Bn |
| 7 | Wesco International | 15.66 Bn | 12.70 Bn | 1.57 Bn | 6.01 Bn |
| 8 | Qxo | 13.09 Bn | 4.38 Bn | 1.38 Bn | 8.98 Bn |
| 9 | Watsco | 11.10 Bn | 9.17 Bn | 586.29 Mn | 563.42 Mn |
| 10 | Applied Industrial Technologies | 10.86 Bn | 10.75 Bn | 392.21 Mn | 282.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.98 Bn |
| Jun 30, 2026 | 6.04 Bn |
| Mar 31, 2026 | 3.06 Bn |
| Dec 31, 2025 | 3.06 Bn |
| Sep 30, 2025 | 3.10 Bn |
| Jun 30, 2025 | 3.25 Bn |
| Mar 31, 2025 | 3.50 Mn |
| Dec 31, 2024 | 2.90 Mn |
| Jun 30, 2024 | 1.48 Mn |
| Mar 31, 2024 | 1.58 Mn |
| Dec 31, 2023 | 1.70 Mn |
| Sep 30, 2023 | 795,209.00 |
| Jun 30, 2023 | 1.61 Mn |
| Mar 31, 2023 | 1.78 Mn |
| Dec 31, 2022 | 2.24 Mn |
| Sep 30, 2022 | 1.53 Mn |
| Jun 30, 2022 | 2.25 Mn |
| Mar 31, 2022 | 2.33 Mn |
| Dec 31, 2021 | 1.27 Mn |
| Sep 30, 2021 | 1.06 Mn |
API Access
Qxo Total Debt 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=total-debt&ticker=QXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=QXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();