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Side-by-side financial comparison of QXO, Inc. (QXO) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $2.2B, roughly 1.7× QXO, Inc.). Stanley Black & Decker runs the higher net margin — 1.4% vs -4.1%, a 5.5% gap on every dollar of revenue. On growth, QXO, Inc. posted the faster year-over-year revenue change (14782.6% vs 0.1%).

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

QXO vs SWK — Head-to-Head

Bigger by revenue
SWK
SWK
1.7× larger
SWK
$3.8B
$2.2B
QXO
Growing faster (revenue YoY)
QXO
QXO
+14782.5% gap
QXO
14782.6%
0.1%
SWK
Higher net margin
SWK
SWK
5.5% more per $
SWK
1.4%
-4.1%
QXO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
QXO
QXO
SWK
SWK
Revenue
$2.2B
$3.8B
Net Profit
$-90.3M
$51.4M
Gross Margin
31.4%
Operating Margin
-3.2%
Net Margin
-4.1%
1.4%
Revenue YoY
14782.6%
0.1%
Net Profit YoY
-899.4%
-43.6%
EPS (diluted)
$-0.21
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QXO
QXO
SWK
SWK
Q4 25
$2.2B
Q3 25
$2.7B
$3.8B
Q2 25
$1.9B
$3.9B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.8B
Q2 24
$4.0B
Q1 24
$3.9B
Net Profit
QXO
QXO
SWK
SWK
Q4 25
$-90.3M
Q3 25
$-139.4M
$51.4M
Q2 25
$-58.5M
$101.9M
Q1 25
$90.4M
Q4 24
$194.9M
Q3 24
$91.1M
Q2 24
$-11.2M
Q1 24
$19.5M
Gross Margin
QXO
QXO
SWK
SWK
Q4 25
Q3 25
23.3%
31.4%
Q2 25
21.1%
27.0%
Q1 25
29.9%
Q4 24
30.8%
Q3 24
29.9%
Q2 24
28.4%
Q1 24
28.6%
Operating Margin
QXO
QXO
SWK
SWK
Q4 25
-3.2%
Q3 25
0.9%
Q2 25
-8.5%
Q1 25
Q4 24
3.4%
Q3 24
10.6%
Q2 24
9.5%
Q1 24
8.3%
Net Margin
QXO
QXO
SWK
SWK
Q4 25
-4.1%
Q3 25
-5.1%
1.4%
Q2 25
-3.1%
2.6%
Q1 25
2.4%
Q4 24
5.2%
Q3 24
2.4%
Q2 24
-0.3%
Q1 24
0.5%
EPS (diluted)
QXO
QXO
SWK
SWK
Q4 25
$-0.21
Q3 25
$-0.24
$0.34
Q2 25
$-0.15
$0.67
Q1 25
$0.60
Q4 24
$1.29
Q3 24
$0.60
Q2 24
$-0.07
Q1 24
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QXO
QXO
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$2.4B
$268.3M
Total DebtLower is stronger
$3.1B
$5.3B
Stockholders' EquityBook value
$9.7B
$9.0B
Total Assets
$15.9B
$21.8B
Debt / EquityLower = less leverage
0.31×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QXO
QXO
SWK
SWK
Q4 25
$2.4B
Q3 25
$2.3B
$268.3M
Q2 25
$2.3B
$311.8M
Q1 25
$344.8M
Q4 24
$290.5M
Q3 24
$298.7M
Q2 24
$318.5M
Q1 24
$476.6M
Total Debt
QXO
QXO
SWK
SWK
Q4 25
$3.1B
Q3 25
$3.1B
$5.3B
Q2 25
$3.1B
$5.6B
Q1 25
$5.6B
Q4 24
$6.1B
Q3 24
$6.1B
Q2 24
$6.1B
Q1 24
$6.1B
Stockholders' Equity
QXO
QXO
SWK
SWK
Q4 25
$9.7B
Q3 25
$9.8B
$9.0B
Q2 25
$9.9B
$9.1B
Q1 25
$8.8B
Q4 24
$8.7B
Q3 24
$8.9B
Q2 24
$8.7B
Q1 24
$8.9B
Total Assets
QXO
QXO
SWK
SWK
Q4 25
$15.9B
Q3 25
$16.6B
$21.8B
Q2 25
$17.1B
$22.5B
Q1 25
$22.5B
Q4 24
$21.8B
Q3 24
$22.5B
Q2 24
$22.5B
Q1 24
$23.9B
Debt / Equity
QXO
QXO
SWK
SWK
Q4 25
0.31×
Q3 25
0.31×
0.59×
Q2 25
0.31×
0.62×
Q1 25
0.63×
Q4 24
0.70×
Q3 24
0.69×
Q2 24
0.70×
Q1 24
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QXO
QXO
SWK
SWK
Operating Cash FlowLast quarter
$186.6M
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QXO
QXO
SWK
SWK
Q4 25
$186.6M
Q3 25
$212.5M
$221.2M
Q2 25
$-174.2M
$214.3M
Q1 25
$-420.0M
Q4 24
$679.1M
Q3 24
$285.8M
Q2 24
$573.0M
Q1 24
$-431.0M
Free Cash Flow
QXO
QXO
SWK
SWK
Q4 25
Q3 25
$182.4M
$155.3M
Q2 25
$134.7M
Q1 25
$-485.0M
Q4 24
$564.6M
Q3 24
$199.3M
Q2 24
$485.8M
Q1 24
$-496.7M
FCF Margin
QXO
QXO
SWK
SWK
Q4 25
Q3 25
6.7%
4.1%
Q2 25
3.4%
Q1 25
-13.0%
Q4 24
15.2%
Q3 24
5.3%
Q2 24
12.1%
Q1 24
-12.8%
Capex Intensity
QXO
QXO
SWK
SWK
Q4 25
Q3 25
1.1%
1.8%
Q2 25
2.0%
Q1 25
1.7%
Q4 24
3.1%
Q3 24
2.3%
Q2 24
2.2%
Q1 24
1.7%
Cash Conversion
QXO
QXO
SWK
SWK
Q4 25
Q3 25
4.30×
Q2 25
2.10×
Q1 25
-4.65×
Q4 24
3.48×
Q3 24
3.14×
Q2 24
Q1 24
-22.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QXO
QXO

Segment breakdown not available.

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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