QXO, Inc. Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
QXO, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • QXO, Inc. Operating Margin for the quarter ending March 31, 2024 was 2.75 %, a 33305% increase year-over-year.
  • QXO, Inc. annual Operating Margin for 2023 was 3.07 %.
  • QXO, Inc. annual Operating Margin for 2022 was -0.86 %, a 54.2% decline from 2021.
  • QXO, Inc. annual Operating Margin for 2021 was -0.55 %, a 203% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.07 +3.93 Jan 1, 2023 Dec 31, 2023
2022 -0.86 -0.3 -54.2% Jan 1, 2022 Dec 31, 2022
2021 -0.55 -1.1 -203% Jan 1, 2021 Dec 31, 2021
2020 0.54 +5.5 Jan 1, 2020 Dec 31, 2020
2019 -4.95 -1.74 -54.1% Jan 1, 2019 Dec 31, 2019
2018 -3.22 -5.91 -219% Jan 1, 2018 Dec 31, 2018
2017 2.69 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.