QXO, Inc. (QXO)
| Market Cap | 5.63B |
| Revenue (ttm) | 56.87M |
| Net Income (ttm) | -23.03M |
| Shares Out | 409.43M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $26.18 (190.29%) |
| Ex-Dividend Date | Jun 5, 2024 |
| Volume | 2,814,326 |
| Open | 14.01 |
| Previous Close | 14.01 |
| Day's Range | 13.72 - 14.28 |
| 52-Week Range | 10.61 - 290.00 |
| Beta | 2.32 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 4, 2025 |
About QXO
QXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed... [Read more]
Financial Performance
In 2024, QXO, Inc.'s revenue was $56.87 million, an increase of 4.32% compared to the previous year's $54.52 million. Losses were -$23.03 million, 2052.4% more than in 2023.
Financial numbers in USD Financial StatementsNews
QXO CEO on Beacon Roofing acquisition: Demand for our product will not be impacted by tariffs
Brad Jacobs, QXO chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss why he sees opportunity in rolling up building products distribution, the potential impact of tariffs on the industry,...
Technology Solutions Firm QXO Agrees to Buy Beacon Roofing Supply for $11B
After its initial efforts to buy Beacon Roofing Supply (BECN) were rebuffed, technology solutions firm QXO (QXO) and the roofing distributor have come to an agreement.
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) ...
QXO to Acquire Beacon Roofing Supply for $11 Billion
GREENWICH, Conn. & HERNDON, Va.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) today announced that they have entered into a definitive merger agreement under w...
Building products distributor QXO clinches Beacon Roofing in $11 billion deal, WSJ reports
Building-products distributor QXO signed a deal for Beacon Roofing Supply , valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on Wednesday, citing...
Building-Products Distributor QXO Clinches Deal for Beacon Roofing
The agreement comes after a hostile takeover attempt.
QXO Raises $830 Million in Private Placement
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that it has entered into purchase agreements with certain institutional investors for an $830 million ...
Beacon Roofing Supply, QXO Discussing Potential Deal
Beacon Roofing Supply and QXO said the two sides are in discussions about a potential combination in which Brad Jacobs' company would acquire Beacon in a deal valued around $11 billion.
QXO, Beacon Roofing confirm merger talks
QXO is in discussions about a potential $11 billion deal for Beacon Roofing Supply , the companies said on Monday.
QXO and Beacon Confirm Discussions Regarding Potential Transaction
GREENWICH, Conn. and HERNDON, Va.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) confirmed today that they are in discussions about a potential combination in w...
Beacon Issues Statement in Response to QXO's Second Extension of Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today issued the following statement regarding QXO, Inc.'s (NYSE: QXO) second extension of its unsolicited tender offer to acquire ...
QXO extends deadline for tender offer to buy Beacon Roofing
QXO on Tuesday once again extended the deadline for its $11 billion takeover offer for Beacon Roofing Supply by a week to March 10.
QXO Reports Fourth Quarter 2024 Results
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced its financial results for the fourth quarter 2024. The company reported a loss of $(0.02) per basic and diluted shares attribut...
Beacon Issues Statement in Response to QXO's Extension of Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today issued the following statement regarding QXO, Inc.'s (NYSE: QXO) extension of its unsolicited tender offer to acquire all out...
Beacon Issues Statement in Response to QXO's Director Nominations
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that its Board of Directors (the “Board”) has received notice from QXO, Inc. (NYSE: QXO) that QXO has nominated ten...
QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply's 2025 Annual Meeting
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director n...
QXO Receives Antitrust Clearance for Acquisition of Beacon Roofing Supply
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) announced today that it has obtained antitrust clearance in both the U.S. and Canada for its acquisition of Beacon Roofing Sup...
With No Competing Offers, Beacon Roofing's Board Stalls and Misleads
Beacon Insiders Recently Sold Shares Well Below Offer Price, Undermining Beacon's Case Against QXO QXO Calls on Beacon Roofing to Let Shareholders Decide on QXO's $124.25 All-Cash Offer GREENWICH, Con...
QXO Urges Beacon Roofing Supply to Let Shareholders Decide on Premium All Cash Offer of $124.25 per Share
GREENWICH, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE: QXO) today issued the following statement in response to the announcement by Beacon Roofing Supply, Inc. (Nasdaq: BECN) that its Bo...
Beacon Board of Directors Unanimously Rejects QXO's Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announc...
QXO Comments on Beacon Roofing Supply's Adoption of Shareholder-Unfriendly Poison Pill
Reaffirms Commitment to Acquiring Beacon for $124.25 per Share in Cash All-Cash Offer Provides Significant and Immediate Value to Beacon Shareholders GREENWICH, Conn., Jan. 28, 2025 (GLOBE NEWSWIRE) -...
Beacon Roofing adopts poison pill after QXO's hostile bid
Beacon Roofing Supply said on Tuesday it has adopted a limited duration stockholder rights agreement, commonly known as a poison pill, following a hostile takeover bid by QXO.
Beacon Roofing CEO describes dealings with QXO as takeover bid heats up
In a Monday interview with CNBC's Jim Cramer, Beacon Roofing CEO Julian Francis described the company's communications with QXO, a building products distributor looking to acquire his company. Beacon ...
QXO touts AI advantage in bid to win over Beacon Roofing's shareholders
QXO's $11 billion pitch to buy Beacon Roofing touts the company's AI experience, as well as the housing shortage in the United States.
Beacon Comments on QXO's Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today confirmed that QXO, Inc. (NYSE: QXO) has commenced an unsolicited tender offer to acquire all outstanding shares of Beacon co...