QXO, Inc.
18.49+0.39 (+2.15%)
Oct 29, 4:00:02 PM EDT · NYSE · QXO · USD
Key Stats
Market Cap
12.45BP/E (TTM)
1.96Basic EPS (TTM)
9.42Dividend Yield
0%Recent Filings
8-K
8-K
QXO launches Beacon overhaul
QXO, Inc. unveiled a sweeping transformation of its Beacon Roofing Supply operations on September 11, 2025, flattening the org structure to four layers, centralizing procurement for 70% of spend, and rolling out AI-driven tools yielding double-digit productivity gains. These moves target $50 billion revenue while curbing $200 million in pricing leakage. Headcount stays level, but frontline roles now drive growth. Integration risks could delay benefits.
8-K
QXO's Beacon acquisition boosts Q2
QXO completed its $10.6 billion acquisition of Beacon Roofing Supply on April 29, 2025, fueling a surge in Q2 net sales to $1.91 billion from just $14.5 million a year earlier, though GAAP net loss hit $58.5 million amid integration costs. Adjusted EBITDA soared to $204.6 million with a 10.7% margin, signaling robust post-deal performance. Integration exceeds expectations. Beacon's full benefits may lag.
10-Q
Q2 FY2025 results
QXO's Q2 FY2025 results reflect the transformative Beacon acquisition closed April 29 for $10.6B (cash/equity mix per Note 3), recognizing $5.1B goodwill and $4.1B finite-lived intangibles amortized over 9.6 years, while revenue surged to $1.91B y/y from $14.5M but trailed pro forma $2.69B due to one-month post-close integration. Gross margin held at 21.1% amid inventory fair value hits, yet operating loss widened to $(162.1)M from $(4.3)M on $80M amortization and $66M transaction costs; net loss narrowed to $(58.5)M or $(0.15)/diluted share (564.7M shares) versus $(0.6)M or $(9.93)/share, reconciling to YTD $(49.8)M or $(0.19)/share without anti-dilution flags. Cash dipped to $2.28B after $10.6B outlay, offset by $7.9B financing including $4.2B common stock and $558M mandatory convertible preferred; debt stands at $3.1B (6.75% notes/7.30% term loan maturing 2032) with $1.78B ABL availability and no covenant breaches. Free cash flow not disclosed in the 10-Q. Restructuring trimmed headcount for efficiency, but integration risks loom amid Beacon's vendor concentration.
8-K
QXO prices $2B stock offering
QXO priced its public offering of 89,887,640 common shares at $22.25 each on June 24, 2025, expecting net proceeds of $1,977.5 million after fees, with a close set for June 26. Underwriters Goldman Sachs, Morgan Stanley, and Wells Fargo hold an option for 13,483,146 more shares, potentially lifting totals to $2,274.2 million. Funds target general corporate needs, including acquisitions to fuel growth in building products distribution. Yet risks loom from integration hurdles and acquisition uncertainties.
BXC
Bluelinx Holdings Inc.
67.90-2.76
GIC
Global Industrial Company
28.75-6.36
GXO
GXO Logistics, Inc.
54.02-0.22
NX
Quanex Building Products Corpor
14.48-0.42
OC
Owens Corning Inc
124.66-2.42
RXO
RXO, Inc.
17.41-0.03
WCC
WESCO International, Inc.
228.29+7.52
WSO
Watsco, Inc.
368.29+9.90
XPO
XPO, Inc.
124.75+1.09
ZEO
Zeo Energy Corporation
1.65-0.32