Company / Gross Margin
QXO, Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
23.0%
FY2025
5-year range
23.0% / 41.3%
FY2021-FY2025
Trend
-43.4%
vs FY2024
Sector context
#129 of 179
Industrials
What the data says
At 23.0%, QXO, Inc.'s gross margin ranks #129 of 179 in the Industrials sector. Gross Margin has fluctuated over the past 10 years, ranging from 23.0% in FY2025 to 41.3% in FY2021.
Based on SEC 10-K filings.
23.0% in FY2025 with a 5-year CAGR of -17.2%.
Declined from 39.6% to 23.0% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -16.9pp
- 5-Year Change
- -17.2pp
- 10-Year Change
- -
Sector benchmark
#129 of 179 in IndustrialsTop 72% of 179This company 23.0% Sector average 27.8%
▼
-17.4% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 43.4% year-over-year.
- Currently 4.8pp below the Industrials sector average.
- Peak gross margin was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.20 (distress zone, below 1.8 threshold)
- Strong profit margin: 49.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 23.0% | -43.4% |
| FY2024 | 40.6% | +2.4% |
| FY2023 | 39.6% | -0.7% |
| FY2022 | 39.9% | -3.2% |
| FY2021 | 41.3% | +2.6% |
| FY2020 | 40.2% | +5.5% |
| FY2019 | 38.1% | -0.7% |
| FY2018 | 38.4% | -3.5% |
| FY2017 | 39.8% | +6.6% |
| FY2016 | 37.3% | -4.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026