Oct. 23 at 8:11 PM
$QXO Beacon closed April '25 for
$11B - now largest US roofing distributor
Brad Jacobs: Built United Rentals (
$31B), XPO (
$17B), 500+ MA deals. Track record = doubles EBITDA in 3yrs
Kushner on board (
$150M invested)
Target:
$50B revenue consolidating
$800B fragmented market (7,000+ distributors)
$5B cash
11 analysts: Strong Buy,
$32-33 avg target
Nov 12 earnings - Beacon integration progress