Added to YB: 2026-08-19
Pitch date: 2026-08-17
QXO [neutral]
QXO, Inc.
Author Info
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Company Info
QXO, Inc. distributes roofing, waterproofing and complementary building products in the United States and Canada.
Market Cap
$15.1B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.00
P/E
-16.29
EV/Sales
2.26
Sector
Trading Companies and Distributors
Category
special_situation
Five More Earnings Updates! QXO, Inc.
QXO (earnings): Q2 rev +70% to $3.25B, but adj EBITDA +33% to $272M; margin fell 10.7%→8.4% as low-margin Kodiak ($595M rev) diluted roofing mix. Clean gross margin -60bps. Preferred stack (now $54M/qtr on $2B Series C) took 44% of adj NI; H1 common NI negative. Post-close EV $25-27B = 11.9-12.9x combined EBITDA (10.4-11.3x w/synergies), cheaper than June. Q3 w/full TopBuild (18% margin) tests if roll-up works.
Read full article (3 min)