QXOQXO, Inc.
Is it safe?
Mixed picture: a safe balance sheet, but quality weak and heavy debt (CCC).
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Weak, deteriorating fundamentals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -95% · now 60% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can QXO take a bad year?
The deepest fall in QXO's price history on file is −95%; it is 60% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Altman Z-score
- 1.91
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 59%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $6.03B
- Cash and short-term investments
- $2.77B
- Net debt
- $3.25B
- EBITDA, trailing twelve months
- −$153M
- Operating profit, trailing twelve months
- −$338M
- Debt / equity
- 0.58×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −95%
- Below its 52-week high
- 60%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Industrial Distribution
Ranks #17 of 17 by RyuScore