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QXO earnings quality score
How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show
Score35 / 100 · grade D · rank 993 of 1027
QXO (QXO) scores 35 of 100 for earnings quality, grade D: rank 993 of 1027 companies and 269 of 287 in industrials. It loses the most points on Beneish M-score 246.75: flagged (above −1.78), Dechow F-score 270.27 (high), Montier C-score 4 of 6 checks failed. It earns full or near-full marks for discretionary accruals of +0.1% of assets (modified Jones), smaller than most. Revenue grew 408% in the year: fast growth raises accruals, the Beneish and Dechow scores and the C-score by construction, so a growing company scores lower than a steady one with the same accounting.
What earned and lost points
| Component | What the filings show | Points | Of |
|---|---|---|---|
| Accruals | accruals of -5.1% of assets, lower than 59% of companies (profit backed by cash) | 13 | 22 |
| Beneish M-score | Beneish M-score 246.75: flagged (above −1.78) | 0 | 17 |
| Dechow F-score | Dechow F-score 270.27 (high) | 0 | 17 |
| Montier C-score | Montier C-score 4 of 6 checks failed | 6 | 17 |
| Discretionary accruals | discretionary accruals of +0.1% of assets (modified Jones), smaller than most | 11 | 11 |
| Piotroski F-score | Piotroski F-score 2 of 9 | 2 | 11 |
| Earnings smoothness | profit steadier than cash flow (smoothness 0.49) | 3 | 6 |
How the score is built
Eight published measures, each scored against the whole universe or on its own scale and weighted: accruals 20, discretionary accruals 10, Beneish M 15, Dechow F 15, Montier C 15, Piotroski F 10, the non-GAAP gap 10, smoothness 5. A measure that cannot be computed (Beneish for a bank, say) drops out and the rest is rescaled, so every company is scored on what applies to it.
Every company ranked → The full quality workbench, live → QXO: cash flow →
Computed from the companies’ own XBRL filings (latest fiscal year) by published formulas; a statistical screen, not an audit or an accusation. A low score means the reported profit shows more of the markers of managed or low-quality earnings than its peers. Not investment advice.