QXO (QXO) vs Watsco (WSO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Watsco (WSO) has outperformed QXO (QXO) over the past year, losing 28.8% versus a loss of 45.2%. Over five years, WSO leads with a -1.1% price change compared with -77.0% for QXO. Watsco is the larger company by market cap ($11.55 billion vs $11.22 billion), about 1.0 times the size, while QXO is growing revenue faster (+11925.0% vs -5.0%).
On valuation, QXO trades at a lower forward P/E (18.2x vs 21.0x for Watsco). Watsco pays a dividend yielding 4.39%, while QXO does not currently pay one. Watsco converts more of its revenue into profit, with a net margin of 6.9% versus -4.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | QXO | WSO |
|---|---|---|
| Share price | $10.81 | $279.90 |
| Market cap | $11.22B | $11.55B |
| 1-day change | -2.79% | -0.83% |
| YTD return | -43.96% | -16.24% |
| 1-year return | -45.21% | -28.81% |
| 5-year return | -76.98% | -1.07% |
| P/E ratio (TTM) | — | 23.98 |
| Forward P/E | 18.18 | 20.98 |
| EPS (TTM) | $-0.89 | $11.67 |
| Dividend yield | 0.00% | 4.39% |
| Annual dividend | $0.00 | $12.30 |
| Revenue (latest FY) | $6.84B | $7.24B |
| Revenue growth (YoY) | +11924.96% | -4.98% |
| Net income (latest FY) | $-279.40M | $496.99M |
| Gross margin | 22.99% | 28.05% |
| Operating margin | -3.58% | 9.95% |
| Net margin | -4.08% | 6.87% |
| 52-week high | $27.61 | $459.00 |
| 52-week low | $10.75 | $277.34 |
| Distance from 52-week high | -60.85% | -39.02% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +161.98% | +34.30% |
| Average volume | 19.64M | 503.70K |
| Shares outstanding | 1.04B | 35.59M |
| Employees | 7,794 | 6,950 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | RETAIL: Building Materials | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WSO has outperformed QXO by 16.4 percentage points over the past year.
- Watsco offers a meaningfully higher dividend yield (4.39% vs 0.00%).
- Watsco is more profitable, keeping 6.9 cents of every revenue dollar as net income versus -4.1 cents for QXO.
- QXO grew revenue faster in its latest fiscal year (+11924.96% vs -4.98%).
About QXO
QXO stock →QXO, Inc. distributes roofing, waterproofing and complementary building products in the United States and Canada.
Consumer Discretionary · RETAIL: Building Materials · 7,794 employees
About Watsco
WSO stock →Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean. It distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.
Consumer Discretionary · Industrial Machinery/Components · 6,950 employees
QXO vs WSO FAQ
Which is bigger, QXO or Watsco?
Watsco (WSO) is larger, with a market capitalization of $11.55B compared with $11.22B for QXO (QXO).
Which stock has performed better over the past year, QXO or WSO?
WSO returned -28.81% over the past 12 months, compared with -45.21% for QXO (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, QXO or Watsco?
Watsco pays a dividend yielding 4.39%, while QXO does not currently pay a regular dividend.
Are QXO and Watsco in the same industry?
Both are in the Consumer Discretionary sector, but in different industries: RETAIL: Building Materials for QXO and Industrial Machinery/Components for Watsco.