Company data sheet · QXO Building Products
QXO Building Products: three lost years, and the economy wasn't the reason.
- Industry
- Lumber & Other Construction Materials
- Headquarters
- United States
- Sources
- SEC filings (2002–2025), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to three straight losses. QXO Building Products earned $0.3 billion in fiscal 2016–2018. Then it lost money every year from fiscal 2019 to 2021: $0.1 billion in all. 2022 was its first profit in four years: $0.5 billion.
- It wasn't the cycle. The losses began in fiscal 2019 (mostly calendar 2019), a year the US economy grew 2.6%. When a company falls while its economy grows, look inside the company first.
- Ahead of almost everyone like it. From 2016 to 2024, its revenue grew 137% in US dollars; the median among 59 large wholesalers grew 68%. It outgrew 83% of them.
- Leaders came and went. QXO Building Products filed 43 leadership changes since 2016, more than 98% of large wholesalers (the median is 19).
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $4.1 billion | $0.1 billion | |
| 2017 | $4.4 billion | $0.1 billion | |
| 2018 | $6.4 billion | $0.1 billion | |
| 2019 | $6 billion | −$0 billion | |
| 2020 | $5.9 billion | −$0.1 billion | |
| 2021 | $6.6 billion | −$0 billion | |
| 2022 | $8.4 billion | $0.5 billion | |
| 2023 | $9.1 billion | $0.4 billion | |
| 2024 | $9.8 billion | $0.4 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 70 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (0 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 89 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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