QXO, Inc. (QXO)
Industrials · Building products distribution; roofing and complementary materials supply
North America's largest distributor of roofing and complementary building products, built through strategic consolidation of a fragmented $65 billion market.
What QXO, Inc. does
QXO, Inc. is the largest publicly-traded distributor of roofing, waterproofing, and complementary building products in North America. Following its April 2025 acquisition of Beacon Roofing Supply, QXO operates approximately 600 branches across all 50 U.S. states and seven Canadian provinces, serving over 110,000 residential and non-residential customers. The company is executing a consolidation strategy to capitalize on the fragmented building products distribution industry, which includes over 7,000 distributors in North America.
Themes: ["Building products distribution / roofing","Repair and re-roofing (R&R) market","Housing shortage and new construction","Infrastructure spending tailwinds","Consolidation and M&A strategy","Supply chain logistics and distribution","Digital transformation in construction supply"]
Fundamentals
- Price$14.58 as of 2026-07-09 close
- Market cap$15.5B as of 2026-07-10
- 1-year return-33.8% as of 2026-07-09 close
- Net margin-6.0% as of 2026-07-10
- Gross margin+23.1% as of 2026-07-10
- ROE-5.2% as of 2026-07-10
- Debt / equity0.32 as of 2026-07-10
- Revenue growth (YoY)+15198.7% as of 2026-07-10
- Revenue CAGR (3y)+1020.3% SEC XBRL
- Beta2.24 as of 2026-07-10
Dividend: yield +1.0%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Supply chain disruption and inability to obtain distributed products resulting in lost revenues and reduced margins","Cyclical demand exposure to general economic conditions, interest rates, inflation, consumer confidence, labor and supply shortages, and weather impacts","Integration risks from major acquisitions (Beacon, Kodiak, pending TopBuild), including potential failure to realize anticipated synergies and relationship disruptions with employees, customers, and suppliers"]
Competitors & peers
- ScanSource Inc. (SCSC)
- Tech Data (TECD)
- Anixter International
- BlueScope Steel (regional roofing competitors)
- Regional and mid-size roofing distributors
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.