Company / Interest Expense
QXO, Inc. Interest Expense History
FY2021-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$55.7K
FY2023
5-year range
$46.8K / $89.0K
FY2021-FY2023
Trend
-37.5%
vs FY2022
Sector context
#98 of 105
Industrials
What the data says
Among 105 Industrials companies, QXO, Inc. is in the top 7% for interest expense. Increased from $46,802 to $55,666 over the past 2 years.
Based on SEC 10-K filings.
$55,666 in FY2023.
Increased from $46,802 to $55,666 over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 7% in IndustrialsTop 7% of 105This company $55.7K Sector average $112.7M
▼
-100.0% below sector average
Key checks
Key Insights
- In FY2023, interest expense decreased 37.5% year-over-year.
- Ranks #98 out of 105 companies in the Industrials sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $55.7K | -37.5% |
| FY2022 | $89.0K | +90.2% |
| FY2021 | $46.8K | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026