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Qxo Building Products, Inc.

BECNDelisted Apr 29, 2025
Industry
Wholesale-Lumber & Other Construction Materials
SEC CIK
0001124941

Qxo Building Products, Inc. was delisted on Apr 29, 2025; its insiders filed their last Form 4 on Apr 29, 2025; 330 institutions reported holding it in 13F filings for Q1 2025, worth $7.23B in total; no superinvestor held it.

Currency
USD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 8, 2026, 12:29 PM ET

Revenue flow, FY2024

Where the revenue went in FY2024, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Qxo Building Products, Inc., annual
Line itemFY2024FY2023FY2022FY2021FY2020
Period endDec 31, 2024Dec 31, 2023Dec 31, 2022Sep 30, 2021Sep 30, 2020
Filing10-K10-K10-K10-K10-K
ReportedFeb 27, 2025Jan 10, 2024Feb 23, 2023Nov 18, 2021Nov 19, 2020
Revenue$9.76B$9.12B$8.43B$6.64B$6.94B
Cost of revenue$7.26B$6.78B$6.19B$4.88B$5.24B
Gross profit$2.50B$2.34B$2.24B$1.76B$1.70B
Operating expenses$1.84B$1.63B$1.53B$1.30B$1.66B
Selling, general and administrative$1.64B$1.45B$1.37B$1.14B$1.27B
Operating income$665.4M$712.2M$703.4M$456.8M$35.1M
Interest expense–$126.1M$83.7M$98.1M$128.1M
Income tax$124.0M$151.1M$161.3M$77.3M-$26.8M
Net income$361.7M$435.0M$458.4M-$45.5M-$80.9M
EPS, basic$5.78$-0.43$5.66$-1.00$-1.52
EPS, diluted$5.68$-0.43$5.55$-0.57$-1.52
Weighted shares, basic62.5M63.7M67.1M69.7M68.8M
Weighted shares, diluted63.7M63.7M68.4M80.5M68.8M
Margins and growth
Gross margin25.7%25.7%26.5%26.5%24.5%
Operating margin6.8%7.8%8.3%6.9%0.5%
Net margin3.7%4.8%5.4%-0.7%-1.2%
Revenue growth, year over year+7.1%+8.2%+26.9%−4.3%−2.3%
Net income growth, year over year−16.9%−5.1%–––

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Qxo Building Products, Inc., annual
Line itemFY2024FY2023FY2022!FY2021!FY2020!
Period endDec 31, 2024Dec 31, 2023Dec 31, 2022Sep 30, 2021Sep 30, 2020
Filing10-K10-K10-K10-K10-K
ReportedFeb 27, 2025Jan 10, 2024Feb 23, 2023Nov 18, 2021Nov 19, 2020
Cash and equivalents$74.3M$84.0M$67.7M$260.0M$624.6M
Accounts receivable$1.20B$1.14B$1.01B$978.3M$1.03B
Inventory$1.41B$1.23B$1.32B$1.08B$944.6M
Total current assets$3.18B$2.90B$2.82B$2.67B$2.98B
Property, plant and equipment–––$236.6M$243.7M
Goodwill$2.09B$1.95B$1.92B$1.76B$2.49B
Intangible assets$489.1M$403.5M$447.7M$414.8M$801.2M
Total assets$6.95B$6.21B$6.00B$5.55B$6.96B
Accounts payable$938.0M$942.8M$821.0M$812.9M$954.6M
Total current liabilities$1.61B$1.57B$1.39B$1.46B$1.63B
Long-term debt$2.64B$2.28B$1.87B$1.62B$2.76B
Total liabilities$4.96B$4.38B$3.70B$3.41B$4.80B
Shareholders' equity$1.99B$1.82B$1.90B$1.74B$1.76B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Qxo Building Products, Inc., annual
Line itemFY2024FY2023FY2022FY2021FY2020
Period endDec 31, 2024Dec 31, 2023Dec 31, 2022Sep 30, 2021Sep 30, 2020
Filing10-K10-K10-K10-K10-K
ReportedFeb 27, 2025Jan 10, 2024Feb 23, 2023Nov 18, 2021Nov 19, 2020
Operating cash flow$419.4M$787.8M$401.1M$78.0M$479.3M
Capital expenditures$126.6M$122.9M$90.1M$66.5M$48.5M
Free cash flow$292.8M$664.9M$311.0M$11.5M$430.8M
Depreciation and amortization$201.8M$176.2M$159.2M$175.2M$391.1M
Stock-based compensation$31.0M$28.0M$27.6M$22.6M$17.2M
Share buybacks$225.0M$110.9M$388.1M––
Investing cash flow-$540.5M-$225.6M-$395.6M$773.9M-$39.0M
Financing cash flow$112.8M-$546.4M-$162.5M-$1.22B$112.2M
Net change in cash-$9.70M$16.3M-$158.1M-$364.6M$552.3M
Ratio
Stock-based compensation, % of revenue0.3%0.3%0.3%0.3%0.2%

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Qxo Building Products, Inc. by cover date
Cover dateShares outstandingChange in a yearFiling
Apr 18, 202562.2M−2.3%SEC
Mar 24, 202561.8M−2.8%SEC
Jan 31, 202561.6M−2.9%SEC
Oct 24, 202461.9M−2.0%SEC
Jul 31, 202461.9M−1.9%SEC
Apr 30, 202463.6M−0.2%SEC
Jan 31, 202463.4M−1.3%SEC
Oct 31, 202363.2M−2.9%SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
  • A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.