Company research
QXO BUILDING PRODUCTS, INC.
CIK 1124941Updated Sep 24, 2026
Name history
BEACON ROOFING SUPPLY INC · through Apr 29, 2025
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, 15-12G, 8-K, 4, POSASR, S-8 POS.
About the company
Founded in 1928, Beacon is a Fortune 500 company specializing in the distribution of roofing and complementary building products, including siding and waterproofing. The company operates over 580 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 110,000 customers, utilizing its vast branch network and service capabilities to provide high-quality products and support throughout the entire project lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+®, which allows customers to manage their businesses online. Visit www.becn.com for more information.
Recent filings
SCHEDULE 13G/A - filed by Boston Partners regarding QXO BUILDING PRODUCTS, INC.
15-12G filing
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Material Modification to Rights of Security Holders · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
4 filing
4 filing
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,953,600,000Source | 6,207,700,000Source | 6,003,500,000Source | 5,554,500,000Source |
| Property, Plant and Equipment, NetUSD | — | — | — | 236,600,000Source |
| GoodwillUSD | 2,094,700,000Source | 1,952,600,000Source | 1,916,300,000Source | 1,760,900,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 489,100,000Source | 403,500,000Source | 447,700,000Source | 414,800,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 74,300,000Source | 84,000,000Source | 67,700,000Source | 260,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,196,100,000Source | 1,140,200,000Source | 1,009,100,000Source | 978,300,000Source |
| Inventory, NetUSD | 1,407,700,000Source | 1,227,900,000Source | 1,322,900,000Source | 1,084,500,000Source |
| Assets, CurrentUSD | 3,179,800,000Source | 2,896,700,000Source | 2,817,500,000Source | 2,668,700,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 501,700,000Source | 444,600,000Source | 417,800,000Source | 345,900,000Source |
| Operating Lease, Right-of-Use AssetUSD | 626,800,000Source | 503,600,000Source | 467,600,000Source | 399,200,000Source |
| Other Assets, NoncurrentUSD | 17,500,000Source | 12,800,000Source | 7,500,000Source | 9,800,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,961,100,000Source | 4,384,200,000Source | 3,700,200,000Source | 3,412,500,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 600,000Source | 600,000Source | 600,000Source | 700,000Source |
| Retained Earnings (Accumulated Deficit)USD | 753,700,000Source | 618,800,000Source | 728,800,000Source | 620,500,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -26,200,000Source | -14,300,000Source | -12,500,000Source | -23,400,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,992,500,000Source | 1,823,500,000Source | 1,904,100,000Source | 1,742,800,000Source |
| Additional Paid in Capital, Common StockUSD | 1,264,400,000Source | 1,218,400,000Source | 1,187,200,000Source | 1,145,000,000Source |
| Liabilities and EquityUSD | 6,953,600,000Source | 6,207,700,000Source | 6,003,500,000Source | 5,554,500,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,613,300,000Source | 1,567,300,000Source | 1,389,600,000Source | 1,463,100,000Source |
| Operating Lease, Liability, CurrentUSD | 101,200,000Source | 89,700,000Source | 94,500,000Source | 88,500,000Source |
| Accounts Payable, CurrentUSD | 938,000,000Source | 942,800,000Source | 821,000,000Source | 812,900,000Source |
| Operating Lease, Liability, NoncurrentUSD | 544,700,000Source | 423,700,000Source | 382,100,000Source | 311,300,000Source |
| Deferred Income Tax Liabilities, NetUSD | 37,000,000Source | 20,100,000Source | 200,000Source | 700,000Source |
| Other Liabilities, NoncurrentUSD | 1,900,000Source | 500,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 522,400,000Source | 498,600,000Source | 448,000,000Source | 546,700,000Source |
| Deferred Tax Liabilities, NetUSD | 37,000,000Source | 18,000,000Source | — | — |
| Long-term DebtUSD | 2,642,100,000Source | 2,282,300,000Source | 1,871,300,000Source | 1,624,500,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -45,500,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 31,000,000Source | 28,000,000Source | 27,600,000Source | 22,600,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -15,400,000Source | 104,700,000Source | 111,400,000Source | 81,300,000Source |
| Increase (Decrease) in InventoriesUSD | 114,500,000Source | -129,100,000Source | 117,700,000Source | 225,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 19,300,000Source | 28,500,000Source | 30,000,000Source | 32,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 419,400,000Source | 787,800,000Source | 401,100,000Source | 78,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 420,500,000Source | 119,000,000Source | 309,200,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -540,500,000Source | -225,600,000Source | -395,600,000Source | 773,900,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 126,600,000Source | 122,900,000Source | 90,100,000Source | 66,500,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 7,600,000Source | 13,800,000Source | 5,700,000Source | 4,500,000Source |
| Payments for Repurchase of Common StockUSD | 225,000,000Source | 110,900,000Source | 388,100,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 112,800,000Source | -546,400,000Source | -162,500,000Source | -1,216,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -9,700,000Source | 16,300,000Source | -158,100,000Source | -364,600,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 74,300,000Source | — | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 177,800,000Source | 111,300,000Source | 83,400,000Source | 120,000,000Source |
| Income Taxes Paid, NetUSD | 110,600,000Source | 120,600,000Source | 157,100,000Source | -85,200,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -1,400,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 91,900,000Source | 85,000,000Source | 84,100,000Source | 103,300,000Source |
| DepreciationUSD | 109,900,000Source | 91,200,000Source | 75,100,000Source | 58,900,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | 0Source | 0Source | — |
| Gain (Loss) on Disposition of BusinessUSD | — | 0Source | 0Source | -360,600,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 7,500,000Source | 15,600,000Source | 4,100,000Source | 3,800,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -2,400,000Source | 0Source | 0Source | -60,200,000Source |
| GoodwillUSD | 2,094,700,000Source | 1,952,600,000Source | 1,916,300,000Source | 1,760,900,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 435,000,000Source | 458,400,000Source | 221,200,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 0Source | 0Source | -266,700,000Source |
| Income Tax Expense (Benefit)USD | 124,000,000Source | 151,100,000Source | 161,300,000Source | 77,300,000Source |
| InterestExpenseNonoperatingUSD | 177,300,000Source | — | — | — |
| Inventory Write-downUSD | 600,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 361,700,000Source | 435,000,000Source | 458,400,000Source | -45,500,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 361,700,000Source | -27,600,000Source | 379,600,000Source | -69,500,000Source |
| Operating ExpensesUSD | 1,839,400,000Source | 1,630,500,000Source | 1,532,100,000Source | 1,300,900,000Source |
| Payments to Acquire InvestmentsUSD | 1,300,000Source | 1,200,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 9,400,000Source | 12,700,000Source | 16,700,000Source | 26,300,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 9,763,200,000Source | 9,119,800,000Source | 8,429,700,000Source | 6,642,000,000Source |
| Cost of RevenueUSD | 7,258,400,000Source | 6,777,100,000Source | 6,194,200,000Source | 4,884,300,000Source |
| Selling, General and Administrative ExpenseUSD | 1,637,600,000Source | 1,454,300,000Source | 1,372,900,000Source | 1,138,700,000Source |
| Operating Income (Loss)USD | 665,400,000Source | 712,200,000Source | 703,400,000Source | 456,800,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 485,700,000Source | 586,100,000Source | 619,700,000Source | — |
| Income Tax Expense (Benefit)USD | 124,000,000Source | 151,100,000Source | 161,300,000Source | 77,300,000Source |
| Net Income (Loss) Attributable to ParentUSD | 361,700,000Source | 435,000,000Source | 458,400,000Source | -45,500,000Source |
| Earnings Per Share, BasicUSD per share | 5.78Source | -0.43Source | 5.66Source | -1Source |
| Earnings Per Share, DilutedUSD per share | 5.68Source | -0.43Source | 5.55Source | -0.57Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 62,500,000Source | 63,700,000Source | 67,100,000Source | 69,700,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 63,700,000Source | 63,700,000Source | 68,400,000Source | 80,500,000Source |
| Interest Expense (non-operating)USD | 177,300,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 91,900,000Source | 85,000,000Source | 84,100,000Source | 103,300,000Source |
| Business Combination, Acquisition Related CostsUSD | 9,900,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 104,700,000Source | 122,600,000Source | 131,300,000Source | 45,300,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 201,800,000Source | 176,200,000Source | 159,200,000Source | 175,200,000Source |
| Gross ProfitUSD | 2,504,800,000Source | 2,342,700,000Source | 2,235,500,000Source | 1,757,700,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 435,000,000Source | 458,400,000Source | 221,200,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | -0.43Source | 5.66Source | 2.83Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | -0.43Source | 5.55Source | 2.75Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 0Source | 0Source | -266,700,000Source |
| Interest ExpenseUSD | — | 126,100,000Source | 83,700,000Source | 98,100,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 361,700,000Source | -27,600,000Source | 379,600,000Source | -69,500,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | -27,600,000Source | 379,600,000Source | 197,200,000Source |
| Operating ExpensesUSD | 1,839,400,000Source | 1,630,500,000Source | 1,532,100,000Source | 1,300,900,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 0Source | 13,900,000Source | 24,000,000Source | 24,000,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 0Source | 34,100,000Source | — | — |
Filing attachments
ea023506202ex4-1_beacon.htm · 8-K · 2025-03-20
EX-4.1 3 ea023506202ex4-1_beacon.htm AMENDMENT NO. 1 TO STOCKHOLDER RIGHTS AGREEMENT, DATED AS OF MARCH 20, 2025, BY AND AMONG BEACON AND COMPUTERSHARE TRUST COMPANY, N.A., AS RIGHTS AGENT Exhibit 4.1 AMENDMENT NO. 1 TO STOCKHOLDER RIGHTS AGREEMENT This Amendment No. 1 to Stockholder Rights Agreement (this “Amendment”) is made and entered into as of March 20, 2025, by and between Beacon Roofing Supply, Inc., a Delaware corporation (the “Company”), and Computershare Trust Company, N.A., a f…
Read attachment ↗ea023506201ex99-1_beacon.htm · 8-K · 2025-03-20
EX-99.1 2 ea023506201ex99-1_beacon.htm JOINT PRESS RELEASE, DATED MARCH 20, 2025 Exhibit 99.1 QXO to Acquire Beacon Roofing Supply for $11 Billion GREENWICH, Conn. and HERNDON, Va. - March 20, 2025 - QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) today announced that they have entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash. Beacon is a leading distributor of roofing, waterproofing and exterior products, wit…
Read attachment ↗ea023015101ex99-1_beacon.htm · 8-K · 2025-02-06
EX-99.1 2 ea023015101ex99-1_beacon.htm PRESS RELEASE OF BEACON ROOFING SUPPLY, INC. DATED FEBRUARY 6, 2025 Exhibit 99.1 BEACON TO RELEASE FOURTH QUARTER AND FULL YEAR 2024 EARNINGS ON FEBRUARY 27, 2025 HERNDON, Va. - (BUSINESS WIRE) - February 6, 2025 - Beacon (Nasdaq: BECN) (the “Company”) announced today that, consistent with last year, its earnings results for the quarter and full year ended December 31, 2024 will be released before the market opens on Thursday, February 27, 2025. The C…
Read attachment ↗d927327dex991.htm · 8-K · 2025-01-28
EX-99.1 2 d927327dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Beacon Adopts Stockholder Rights Agreement HERNDON, Va. - January 28, 2025 - Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced today that its Board of Directors (the “Board”) has unanimously adopted a limited duration stockholder rights agreement (the “Rights Agreement”) to protect stockholder interests and maximize va…
Read attachment ↗