QXO, Inc. (QXO)

In the past six months, QXO's stock has been impacted by several significant events. As of August 2025, QXO's stock was up over 21% year-to-date, outperforming the Russell 1000, and the company transitioned to a large-cap entity. The company completed its acquisition of Beacon Roofing Supply, Inc. on April 29, 2025, expanding its scale and market presence. In May 2025, QXO reported a net loss for Q1 2025 but exceeded Wall Street's expectations for earnings and revenue. For Q2 2025, QXO announced net sales of $1,906.4 million, a substantial increase from the previous year. In January 2026, QXO upsized its preferred equity placement to $3 billion and announced a $750 million common stock offering, projecting Q4 net sales of $2.19 billion. The stock price on February 3, 2026, was $22.84 per share, marking a 60.96% increase from the previous year.

QXO, Inc. is strategically positioned to capitalize on seasonal weather patterns that typically influence demand in the roofing and building products industry. Harsh winter conditions and severe storms historically lead to increased demand for roofing and related products, which can enhance the company's revenue potential. The building products distribution industry can experience demand fluctuations due to cyclicality and dependence on broader economic and political conditions.

QXO, Inc. is a publicly traded distributor of roofing, waterproofing, and complementary building products in the United States, operating within the industrials sector. The company aims to become a tech-enabled leader in the building products distribution industry by offering a comprehensive portfolio of products and assisting contractors, distributors, and suppliers in streamlining their operations through technology.

QXO, Inc. has a significant market presence across North America, with operations in all 50 states in the United States and seven provinces in Canada. The company leverages a strategically located network of distribution centers and a dedicated fleet to ensure timely delivery and readily available inventory.

In the past year, QXO has cultivated a reputation as a tech-forward company aiming to disrupt the building products distribution industry. The acquisition of Beacon Roofing Supply, Inc. highlighted QXO's role in addressing technology gaps within the industry and reinforced its commitment to a digital-first distribution model. The company's transformation plan has been met with early investor confidence, and its stock performance reflects a positive brand perception among investors.

QXO, Inc. has a diverse ownership structure comprising institutional, retail, and individual investors. Institutional investors hold approximately 23.25% of the company's stock, while insiders own about 4.88%, and public companies and individual investors account for 71.87%. As of July 15, 2025, institutional shareholders collectively controlled 50% of the company, with the top 17 shareholders holding this stake. Major institutional owners and shareholders include Orbis Allan Gray Ltd, Vanguard Group Inc, Morgan Stanley, MFN Partners Management, LP, Invesco Ltd., Affinity Partners GP LP, Falcon Edge Capital, LP, BlackRock, Inc., Finepoint Capital LP, and VTSMX - Vanguard Total Stock Market Index Fund Investor Shares.