DXP Enterprises (DXPE) Financials

$179.26 +7.11 (+4.13%)

Closing price 04:00 PM Eastern

Extended Trading

$179.11 -0.15 (-0.08%)

As of 04:10 PM Eastern

Annual Income Statements for DXP Enterprises

This table shows DXP Enterprises' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-39	7.61	17	38	37	-29	16	48	69	70	89
Consolidated Net Income / (Loss)	-39	7.15	17	38	37	-30	16	48	69	70	89
Net Income / (Loss) Continuing Operations	-39	7.15	17	38	37	-30	16	48	69	70	89
Total Pre-Tax Income	-39	9.67	17	52	48	-48	19	66	87	85	119
Total Operating Income	-28	19	33	72	67	-28	40	98	139	145	177
Total Gross Profit	352	265	272	336	350	277	329	422	505	556	636
Total Revenue	1,247	962	1,007	1,219	1,265	1,005	1,114	1,481	1,679	1,802	2,016
Operating Revenue	1,247	962	1,007	1,219	1,265	1,005	1,114	1,481	1,679	1,802	2,016
Total Cost of Revenue	895	697	735	883	915	728	785	1,059	1,173	1,246	1,380
Operating Cost of Revenue	895	697	735	883	915	728	785	1,059	1,173	1,246	1,380
Total Operating Expenses	380	245	238	264	282	305	289	324	367	411	459
Selling, General & Admin Expense	304	245	238	264	282	245	289	324	367	411	459
Total Other Income / (Expense), net	-11	-9.66	-17	-20	-19	-21	-21	-32	-52	-60	-58
Interest Expense	11	16	17	21	19	21	21	29	53	64	61
Other Income / (Expense), net	-0.07	5.91	0.46	1.19	0.05	-0.07	0.41	-2.72	1.36	3.52	2.88
Income Tax Expense	0.15	2.52	0.36	14	11	-19	3.43	18	18	14	31
Preferred Stock Dividends Declared	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09
Basic Earnings per Share	($2.68)	$0.51	$0.97	$2.18	$2.10	($1.65)	$0.87	$2.58	$4.07	$4.44	$5.65
Weighted Average Basic Shares Outstanding	14.42M	15.04M	17.40M	17.55M	17.59M	17.75M	18.95M	18.63M	16.87M	15.86M	15.67M
Diluted Earnings per Share	($2.68)	$0.49	$0.93	$2.08	$2.01	($1.65)	$0.83	$2.47	$3.89	$4.22	$5.37
Weighted Average Diluted Shares Outstanding	14.42M	15.88M	18.24M	18.39M	18.43M	17.75M	19.79M	19.47M	17.71M	16.70M	16.51M
Weighted Average Basic & Diluted Shares Outstanding	183.90M	14.90M	17.30M	17.60M	17.65M	19.29M	18.61M	17.73M	16.18M	15.70M	15.52M

This table shows DXP Enterprises' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	19	16	16	11	17	21	21	21	24	22	23
Consolidated Net Income / (Loss)	19	16	16	11	17	21	21	21	24	22	23
Net Income / (Loss) Continuing Operations	19	16	16	11	17	21	21	21	24	22	23
Total Pre-Tax Income	26	22	15	16	23	24	23	27	32	29	31
Total Operating Income	37	36	30	29	37	40	39	41	46	44	47
Total Gross Profit	132	126	123	124	138	146	148	150	158	161	167
Total Revenue	428	419	407	413	446	473	471	477	499	514	527
Operating Revenue	428	419	407	413	446	473	471	477	499	514	527
Total Cost of Revenue	296	294	284	289	308	327	322	326	341	352	361
Operating Cost of Revenue	296	294	284	289	308	327	322	326	341	352	361
Total Operating Expenses	94	90	93	95	100	107	109	110	112	118	120
Selling, General & Admin Expense	94	90	93	95	100	107	109	110	112	118	120
Total Other Income / (Expense), net	-12	-14	-15	-14	-14	-16	-17	-13	-14	-14	-16
Interest Expense	12	13	17	16	15	16	17	15	15	15	16
Other Income / (Expense), net	0.24	-1.23	1.88	1.97	1.04	-0.16	0.67	1.32	0.35	0.65	0.56
Income Tax Expense	6.81	5.77	-1.22	4.22	6.31	2.63	1.32	6.58	7.98	7.82	8.16
Preferred Stock Dividends Declared	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Basic Earnings per Share	$1.11	$0.98	$0.98	$0.70	$1.05	$1.34	$1.35	$1.31	$1.50	$1.38	$1.46
Weighted Average Basic Shares Outstanding	17.21M	16.52M	16.87M	16.13M	15.87M	15.75M	15.86M	15.70M	15.69M	15.69M	15.67M
Diluted Earnings per Share	$1.06	$0.93	$0.95	$0.67	$1.00	$1.27	$1.28	$1.25	$1.43	$1.31	$1.38
Weighted Average Diluted Shares Outstanding	18.05M	17.36M	17.71M	16.97M	16.71M	16.59M	16.70M	16.54M	16.53M	16.53M	16.51M
Weighted Average Basic & Diluted Shares Outstanding	16.73M	16.18M	16.18M	15.93M	15.79M	15.69M	15.70M	15.69M	15.69M	15.68M	15.52M

This table details how cash moves in and out of DXP Enterprises' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	1.65	-0.10	24	15	14	65	-70	-2.96	127	-25	155
Net Cash From Operating Activities	99	48	13	36	41	110	37	5.89	106	102	94
Net Cash From Continuing Operating Activities	99	48	13	36	41	110	37	5.89	106	102	94
Net Income / (Loss) Continuing Operations	-39	7.15	17	38	37	-30	16	48	69	70	89
Consolidated Net Income / (Loss)	-39	7.15	17	38	37	-30	16	48	69	70	89
Depreciation Expense	13	12	11	9.58	10	10	9.95	9.59	8.42	9.02	10
Amortization Expense	22	20	19	18	17	14	19	21	25	28	33
Non-Cash Adjustments To Reconcile Net Income	71	-3.00	-1.31	-1.99	3.22	67	4.78	3.35	-14	2.85	-7.29
Changes in Operating Assets and Liabilities, net	32	12	-32	-28	-26	48	-12	-76	18	-8.18	-30
Net Cash From Investing Activities	-29	28	-2.81	-18	-22	-122	-69	-53	-23	-182	-99
Net Cash From Continuing Investing Activities	-29	28	-2.81	-18	-22	-122	-69	-53	-23	-182	-99
Purchase of Property, Plant & Equipment	-14	-4.87	-2.81	-9.32	-22	-6.67	-6.00	-4.92	-12	-25	-40
Acquisitions	-16	0.00	0.00	-11	0.00	-115	-65	-49	-10	-157	-62
Sale of Property, Plant & Equipment	0.00	1.21	0.00	2.56	0.04	0.12	1.67	-	0.00	0.00	2.72
Net Cash From Financing Activities	-68	-76	14	-2.92	-6.09	77	-38	44	44	57	159
Net Cash From Continuing Financing Activities	-68	-76	14	-2.92	-6.09	77	-38	44	44	57	159
Repayment of Debt	-454	-644	-714	-3.44	-4.34	-252	-3.30	-839	-449	-559	-653
Repurchase of Common Equity	-8.91	-	-	-	0.00	0.00	-34	-48	-56	-29	-17
Payment of Dividends	-0.09	-0.43	-0.09	-0.09	-0.09	-0.09	-0.09	-0.09	-0.09	-0.09	-0.09
Issuance of Debt	394	518	729	0.00	0.00	330	0.00	932	558	656	848
Other Financing Activities, net	-0.82	-0.86	-0.93	-0.34	-1.66	-2.00	-1.59	-0.76	-8.55	-11	-19
Effect of Exchange Rate Changes	0.27	-	-	-	-	-0.17	0.09	0.25	-0.06	-2.12	1.49

This table details how cash moves in and out of DXP Enterprises' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-43	12	146	-33	-90	-15	113	-34	-1.35	11	180
Net Cash From Operating Activities	-2.43	40	42	27	15	28	32	2.97	19	35	38
Net Cash From Continuing Operating Activities	-2.43	40	42	27	15	28	32	2.97	19	35	38
Net Income / (Loss) Continuing Operations	19	16	16	11	17	21	21	21	24	22	23
Consolidated Net Income / (Loss)	19	16	16	11	17	21	21	21	24	22	23
Depreciation Expense	6.70	7.98	-13	2.21	8.13	8.72	-15	2.32	2.52	2.81	2.73
Amortization Expense	0.77	0.77	22	6.23	0.89	0.89	25	7.78	7.93	8.09	8.71
Non-Cash Adjustments To Reconcile Net Income	-8.34	0.89	8.68	4.15	4.04	-12	1.45	3.23	-3.80	-7.03	0.31
Changes in Operating Assets and Liabilities, net	-21	14	8.31	3.07	-15	9.55	-0.65	-31	-12	9.39	3.17
Net Cash From Investing Activities	-10	-1.85	-6.70	-42	-89	-34	-17	-30	-11	-17	-41
Net Cash From Continuing Investing Activities	-10	-1.85	-6.70	-42	-89	-34	-17	-30	-11	-17	-41
Purchase of Property, Plant & Equipment	-1.81	-1.49	-5.16	-2.89	-8.83	-3.95	-9.40	-20	-10	-6.74	-3.29
Acquisitions	-8.49	-0.36	-1.54	-39	-80	-30	-7.18	-13	-1.01	-11	-37
Net Cash From Financing Activities	-30	-27	110	-18	-17	-7.38	99	-7.08	-9.51	-6.60	182
Net Cash From Continuing Financing Activities	-30	-27	110	-18	-17	-7.38	99	-7.08	-9.51	-6.60	182
Repayment of Debt	-8.96	-1.09	-438	-1.38	-1.38	-7.38	-548	-1.75	-1.62	-1.82	-648
Repurchase of Common Equity	-24	-23	-	-15	-9.16	-4.81	-0.22	0.00	-	-2.00	-15
Payment of Dividends	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02
Issuance of Debt	-	-	550	-	-	6.00	650	-	-	-	848
Other Financing Activities, net	-4.25	-2.83	-1.36	-1.93	-6.30	-1.18	-1.63	-5.31	-7.87	-2.76	-2.74
Effect of Exchange Rate Changes	-	0.31	-0.13	-	0.94	-1.52	-	0.05	0.85	-0.06	0.65

This table presents DXP Enterprises' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	684	602	639	700	789	868	894	1,037	1,177	1,349	1,685
Total Current Assets	304	257	318	386	409	409	405	516	649	662	910
Cash & Equivalents	1.69	1.59	22	40	54	119	49	46	173	148	304
Restricted Cash	-	0.00	3.53	0.22	0.12	0.09	0.09	0.09	0.09	0.09	0.00
Accounts Receivable	185	167	167	192	189	167	218	321	311	339	398
Inventories, net	104	84	91	115	130	97	101	101	104	103	108
Prepaid Expenses	2.64	2.14	5.30	4.94	4.22	4.55	9.52	24	18	20	47
Other Current Assets	-	-	27	33	32	18	17	24	42	51	54
Plant, Property, & Equipment, net	69	61	53	51	64	57	52	0.00	0.00	82	115
Total Noncurrent Assets	312	284	268	263	316	402	438	521	529	606	660
Goodwill	197	188	188	194	194	262	297	334	344	452	495
Intangible Assets	112	95	79	67	53	80	79	80	64	86	81
Other Noncurrent Operating Assets	1.86	1.50	1.72	1.78	69	60	62	108	121	68	84
Total Liabilities & Shareholders' Equity	684	602	639	700	789	868	894	1,037	1,177	1,349	1,685
Total Liabilities	771	350	371	392	434	507	548	672	797	927	1,187
Total Current Liabilities	180	167	125	143	139	147	181	213	224	244	272
Short-Term Debt	51	51	3.38	3.41	2.50	3.30	3.30	4.37	5.50	6.60	8.58
Accounts Payable	77	79	80	87	64	65	78	93	96	104	117
Current Deferred Revenue	9.10	5.25	2.19	3.22	3.41	3.69	13	20	12	14	15
Current Employee Benefit Liabilities	21	17	18	21	23	21	23	26	36	42	51
Other Current Liabilities	22	14	20	28	44	55	64	69	74	78	80
Total Noncurrent Liabilities	591	183	246	248	295	360	366	459	572	683	914
Long-Term Debt	301	173	-	237	235	317	315	409	521	622	818
Other Noncurrent Operating Liabilities	297	-	239	2.82	50	41	44	50	52	61	96
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	199	253	269	308	355	361	347	365	381	423	498
Total Preferred & Common Equity	197	252	268	307	354	360	347	365	381	423	498
Preferred Stock	-	0.02	-	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Total Common Equity	197	252	268	307	354	360	347	365	381	423	498
Common Stock	110	152	153	156	158	192	207	214	217	220	221
Retained Earnings	110	117	134	170	216	186	202	251	319	390	478
Treasury Stock	-13	-	-	-	-	0.00	-34	-68	-124	-153	-170
Accumulated Other Comprehensive Income / (Loss)	-11	-18	-19	-19	-20	-18	-29	-32	-31	-34	-31

This table presents DXP Enterprises' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	984	996	1,053	1,034	1,045	1,184	1,189	1,231	1,383	1,412	1,444
Total Current Assets	453	474	539	509	517	617	544	555	662	684	727
Cash & Equivalents	21	17	58	16	27	140	50	35	114	113	124
Restricted Cash	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.00	0.00	0.00
Accounts Receivable	273	284	311	319	321	314	327	338	358	361	379
Inventories, net	120	131	109	105	105	108	107	110	110	111	109
Prepaid Expenses	14	12	17	15	16	20	23	22	32	41	57
Other Current Assets	26	30	42	47	47	35	37	50	48	57	58
Plant, Property, & Equipment, net	50	47	48	48	56	64	68	73	98	107	111
Total Noncurrent Assets	481	475	466	478	472	503	577	604	623	622	607
Goodwill	336	333	334	342	342	371	427	448	460	461	467
Intangible Assets	83	85	75	72	68	68	86	89	84	78	75
Other Noncurrent Operating Assets	62	58	57	63	62	65	64	66	80	82	64
Total Liabilities & Shareholders' Equity	984	996	1,053	1,034	1,045	1,184	1,189	1,231	1,383	1,412	1,444
Total Liabilities	608	610	679	665	682	809	804	829	938	944	956
Total Current Liabilities	238	246	225	208	222	229	228	249	245	245	262
Short-Term Debt	32	44	4.37	22	20	5.50	21	20	23	6.60	6.60
Accounts Payable	104	98	106	94	101	97	101	107	114	105	115
Current Deferred Revenue	17	25	15	16	13	13	13	13	13	16	16
Current Employee Benefit Liabilities	29	27	27	29	36	32	33	41	39	37	48
Other Current Liabilities	54	50	67	48	52	82	60	68	55	81	77
Total Noncurrent Liabilities	371	365	454	457	460	579	577	580	692	699	694
Long-Term Debt	315	314	409	408	408	520	520	519	621	620	619
Other Noncurrent Operating Liabilities	44	42	43	46	49	59	57	60	72	79	74
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	376	386	374	369	364	375	385	402	445	468	488
Total Preferred & Common Equity	376	386	374	369	364	375	385	402	445	468	488
Preferred Stock	0.02	0.02	-	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Total Common Equity	376	386	374	369	364	375	385	402	445	468	488
Common Stock	212	214	215	215	216	218	217	218	221	218	220
Retained Earnings	230	243	268	287	303	331	347	368	410	434	455
Treasury Stock	-35	-38	-77	-102	-124	-141	-148	-153	-153	-153	-155
Accumulated Other Comprehensive Income / (Loss)	-31	-32	-32	-31	-32	-32	-32	-31	-34	-31	-32

This table displays calculated financial ratios and metrics derived from DXP Enterprises' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	15,679,290.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	15,679,290.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	5.65
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-16.85%	-22.86%	4.66%	21.05%	3.79%	-20.52%	10.81%	32.94%	13.36%	7.35%	11.89%
EBITDA Growth	-72.46%	782.99%	10.83%	59.90%	-6.60%	-103.37%	2,266.21%	81.78%	38.12%	7.38%	19.73%
EBIT Growth	-119.36%	190.17%	34.50%	115.87%	-7.94%	-141.13%	245.16%	135.99%	47.39%	6.30%	20.72%
NOPAT Growth	-121.06%	173.13%	129.32%	60.69%	-1.86%	-137.48%	268.98%	118.01%	53.90%	9.83%	9.08%
Net Income Growth	13.63%	118.30%	131.14%	131.31%	-3.84%	-180.56%	153.18%	205.39%	43.05%	2.44%	25.80%
EPS Growth	13.55%	118.28%	89.80%	123.66%	-3.37%	-182.09%	150.30%	197.59%	57.49%	8.48%	27.25%
Operating Cash Flow Growth	-1.68%	-51.17%	-74.00%	185.71%	15.25%	165.46%	-66.18%	-84.11%	1,702.21%	-3.78%	-7.78%
Free Cash Flow Firm Growth	309.23%	-153.38%	232.07%	-179.70%	110.02%	-305.30%	50.09%	-110.41%	340.93%	-144.29%	125.94%
Invested Capital Growth	-59.86%	81.08%	-48.28%	106.41%	6.05%	4.39%	9.64%	18.90%	0.14%	23.00%	13.19%
Revenue Q/Q Growth	-7.69%	-5.55%	4.51%	4.09%	-1.59%	-5.67%	5.74%	8.27%	0.04%	3.67%	2.88%
EBITDA Q/Q Growth	108.42%	44.18%	-7.77%	16.75%	-14.20%	-126.88%	26.09%	15.92%	5.93%	4.87%	4.08%
EBIT Q/Q Growth	75.78%	230.34%	-11.57%	26.43%	-18.91%	-100.97%	46.36%	21.69%	5.98%	5.75%	4.21%
NOPAT Q/Q Growth	75.83%	176.54%	29.93%	12.51%	-17.47%	-92.71%	-67.61%	18.40%	15.23%	4.88%	-1.28%
Net Income Q/Q Growth	68.48%	324.59%	-2.80%	23.04%	-22.60%	-26.88%	33.17%	17.92%	13.10%	8.22%	1.70%
EPS Q/Q Growth	68.10%	476.92%	-10.58%	22.35%	-22.39%	-24.06%	29.69%	15.42%	17.52%	8.48%	1.90%
Operating Cash Flow Q/Q Growth	-12.12%	-19.21%	-40.42%	158.60%	23.36%	-13.02%	-7.83%	-64.31%	57.57%	-9.16%	6.34%
Free Cash Flow Firm Q/Q Growth	192.65%	-177.15%	159.35%	-4,897.60%	61.85%	62.44%	72.45%	6.91%	90.04%	-73.82%	-74.86%
Invested Capital Q/Q Growth	-53.94%	49.63%	1.69%	78.57%	61.21%	28.20%	-0.18%	0.92%	-3.97%	-0.47%	3.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.23%	27.53%	26.98%	27.56%	27.65%	27.57%	29.49%	28.50%	30.10%	30.87%	31.54%
EBITDA Margin	0.52%	5.93%	6.29%	8.30%	7.47%	-0.32%	6.19%	8.47%	10.32%	10.32%	11.04%
Operating Margin	-2.24%	2.01%	3.33%	5.91%	5.33%	-2.75%	3.58%	6.60%	8.26%	8.07%	8.77%
EBIT Margin	-2.24%	2.62%	3.37%	6.01%	5.33%	-2.76%	3.62%	6.42%	8.34%	8.26%	8.91%
Profit (Net Income) Margin	-3.13%	0.74%	1.64%	3.14%	2.91%	-2.95%	1.41%	3.25%	4.10%	3.91%	4.40%
Tax Burden Percent	100.39%	73.92%	97.85%	73.05%	76.66%	61.30%	82.11%	72.99%	79.16%	82.96%	74.38%
Interest Burden Percent	139.06%	38.33%	49.76%	71.43%	71.10%	174.15%	47.63%	69.34%	62.06%	57.07%	66.33%
Effective Tax Rate	0.00%	26.08%	2.15%	26.95%	23.34%	0.00%	17.89%	27.01%	20.84%	17.04%	25.62%
Return on Invested Capital (ROIC)	-4.26%	3.87%	9.08%	13.97%	9.88%	-3.52%	5.55%	10.58%	14.97%	14.74%	13.67%
ROIC Less NNEP Spread (ROIC-NNEP)	-12.48%	-1.11%	-7.12%	-2.33%	2.09%	-8.85%	-1.66%	3.28%	3.59%	2.70%	5.12%
Return on Net Nonoperating Assets (RNNOA)	-13.42%	-0.70%	-2.74%	-0.71%	1.21%	-4.75%	-1.10%	2.93%	3.47%	2.80%	5.58%
Return on Equity (ROE)	-17.69%	3.17%	6.34%	13.26%	11.09%	-8.27%	4.45%	13.51%	18.44%	17.54%	19.25%
Cash Return on Invested Capital (CROIC)	81.17%	-53.82%	72.72%	-55.48%	4.00%	-7.81%	-3.64%	-6.69%	14.83%	-5.89%	1.30%
Operating Return on Assets (OROA)	-3.67%	3.92%	5.47%	10.94%	9.06%	-3.35%	4.57%	9.84%	12.65%	11.79%	11.85%
Return on Assets (ROA)	-5.12%	1.11%	2.66%	5.71%	4.94%	-3.57%	1.79%	4.98%	6.21%	5.58%	5.84%
Return on Common Equity (ROCE)	-17.61%	3.15%	6.33%	13.21%	11.04%	-8.25%	4.44%	13.51%	18.44%	17.54%	19.25%
Return on Equity Simple (ROE_SIMPLE)	-19.83%	2.84%	6.17%	12.46%	10.39%	-8.22%	4.54%	13.16%	18.07%	16.67%	0.00%
Net Operating Profit after Tax (NOPAT)	-20	14	33	53	52	-19	33	71	110	121	132
NOPAT Margin	-1.57%	1.49%	3.26%	4.32%	4.09%	-1.93%	2.94%	4.82%	6.54%	6.69%	6.52%
Net Nonoperating Expense Percent (NNEP)	8.22%	4.98%	16.20%	16.30%	7.78%	5.33%	7.21%	7.30%	11.38%	12.03%	8.55%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	9.16%	12.11%	11.47%	9.93%
Cost of Revenue to Revenue	71.77%	72.48%	73.02%	72.44%	72.35%	72.43%	70.51%	71.50%	69.90%	69.13%	68.46%
SG&A Expenses to Revenue	24.36%	25.52%	23.65%	21.64%	22.32%	24.37%	25.91%	21.90%	21.84%	22.80%	22.77%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	30.46%	25.52%	23.65%	21.64%	22.32%	30.33%	25.91%	21.90%	21.84%	22.80%	22.77%
Earnings before Interest and Taxes (EBIT)	-28	25	34	73	67	-28	40	95	140	149	180
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	6.47	57	63	101	95	-3.18	69	125	173	186	223
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.67	2.39	1.92	1.59	1.98	1.10	1.39	1.41	1.43	3.07	3.45
Price to Tangible Book Value (P/TBV)	0.00	0.00	278.44	10.73	6.54	21.42	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.26	0.63	0.51	0.40	0.55	0.39	0.43	0.35	0.32	0.72	0.85
Price to Earnings (P/E)	0.00	79.12	30.62	12.79	18.97	0.00	29.34	10.76	7.93	18.42	19.43
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	1.26%	3.27%	7.82%	5.27%	0.00%	3.41%	9.30%	12.61%	5.43%	5.15%
Enterprise Value to Invested Capital (EV/IC)	2.59	1.74	2.00	1.36	1.64	1.06	1.22	1.21	1.22	1.97	2.20
Enterprise Value to Revenue (EV/Rev)	0.55	0.86	0.49	0.57	0.70	0.59	0.67	0.60	0.54	0.99	1.11
Enterprise Value to EBITDA (EV/EBITDA)	105.16	14.47	7.79	6.82	9.37	0.00	10.89	7.05	5.19	9.55	10.08
Enterprise Value to EBIT (EV/EBIT)	0.00	32.74	14.51	9.42	13.13	0.00	18.65	9.31	6.41	11.93	12.49
Enterprise Value to NOPAT (EV/NOPAT)	0.00	57.82	15.03	13.11	17.14	0.00	22.95	12.40	8.18	14.73	17.06
Enterprise Value to Operating Cash Flow (EV/OCF)	6.88	17.13	39.27	19.26	21.44	5.45	20.25	150.06	8.46	17.38	23.81
Enterprise Value to Free Cash Flow (EV/FCFF)	1.83	0.00	1.88	0.00	42.28	0.00	0.00	0.00	8.26	0.00	179.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.77	0.89	0.01	0.78	0.67	0.89	0.92	1.13	1.38	1.49	1.66
Long-Term Debt to Equity	1.51	0.69	0.00	0.77	0.66	0.88	0.91	1.12	1.37	1.47	1.64
Financial Leverage	1.08	0.64	0.38	0.31	0.58	0.54	0.66	0.89	0.97	1.04	1.09
Leverage Ratio	3.45	2.85	2.38	2.32	2.25	2.31	2.49	2.71	2.97	3.14	3.29
Compound Leverage Factor	4.80	1.09	1.19	1.66	1.60	4.03	1.19	1.88	1.84	1.79	2.18
Debt to Total Capital	63.87%	47.08%	1.24%	43.81%	40.13%	47.01%	47.89%	53.09%	58.01%	59.78%	62.40%
Short-Term Debt to Total Capital	9.23%	10.76%	1.24%	0.62%	0.42%	0.48%	0.50%	0.56%	0.61%	0.63%	0.65%
Long-Term Debt to Total Capital	54.64%	36.32%	0.00%	43.19%	39.71%	46.53%	47.40%	52.53%	57.40%	59.15%	61.75%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.33%	0.19%	0.21%	0.26%	0.19%	0.12%	0.01%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	35.80%	52.72%	98.54%	55.93%	59.67%	52.87%	52.10%	46.91%	41.99%	40.22%	37.60%
Debt to EBITDA	54.37	3.94	0.05	2.38	2.52	-100.64	4.62	3.30	3.04	3.38	3.71
Net Debt to EBITDA	54.11	3.91	-0.35	1.98	1.94	-63.13	3.91	2.93	2.04	2.58	2.35
Long-Term Debt to EBITDA	46.51	3.04	0.00	2.34	2.49	-99.60	4.57	3.26	3.01	3.34	3.68
Debt to NOPAT	-17.99	15.72	0.10	4.57	4.60	-16.55	9.74	5.80	4.79	5.21	6.29
Net Debt to NOPAT	-17.90	15.61	-0.68	3.80	3.55	-10.38	8.24	5.15	3.21	3.98	3.98
Long-Term Debt to NOPAT	-15.39	12.13	0.00	4.50	4.56	-16.37	9.64	5.74	4.74	5.15	6.22
Altman Z-Score	2.39	3.22	3.24	3.59	3.65	2.18	2.54	2.88	3.04	3.31	3.27
Noncontrolling Interest Sharing Ratio	0.42%	0.61%	0.30%	0.35%	0.39%	0.28%	0.12%	0.01%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.69	1.54	2.55	2.69	2.94	2.78	2.23	2.42	2.89	2.71	3.34
Quick Ratio	1.04	1.01	1.52	1.62	1.74	1.95	1.48	1.72	2.16	2.00	2.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	372	-199	262	-209	21	-43	-21	-45	109	-48	12
Operating Cash Flow to CapEx	706.15%	1,317.42%	446.25%	529.79%	187.03%	1,674.30%	856.56%	119.89%	866.20%	407.74%	250.90%
Free Cash Flow to Firm to Interest Expense	34.05	-12.77	15.39	-9.99	1.07	-2.09	-1.02	-1.55	2.05	-0.75	0.21
Operating Cash Flow to Interest Expense	9.04	3.10	0.74	1.71	2.12	5.33	1.76	0.20	2.00	1.60	1.56
Operating Cash Flow Less CapEx to Interest Expense	7.76	2.86	0.57	1.39	0.99	5.01	1.55	0.03	1.77	1.21	0.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.63	1.50	1.62	1.82	1.70	1.21	1.26	1.53	1.52	1.43	1.33
Accounts Receivable Turnover	5.61	5.46	6.02	6.79	6.65	5.65	5.79	5.49	5.31	5.54	5.47
Inventory Turnover	8.16	7.44	8.40	8.56	7.49	6.42	7.93	10.47	11.44	12.04	13.07
Fixed Asset Turnover	18.01	14.88	17.69	23.44	22.05	16.67	20.48	0.00	0.00	0.00	20.54
Accounts Payable Turnover	10.06	8.95	9.25	10.53	12.11	11.33	11.01	12.41	12.40	12.45	12.52
Days Sales Outstanding (DSO)	65.02	66.84	60.66	53.77	54.92	64.58	63.09	66.43	68.72	65.88	66.69
Days Inventory Outstanding (DIO)	44.75	49.08	43.47	42.63	48.74	56.81	46.00	34.87	31.92	30.31	27.93
Days Payable Outstanding (DPO)	36.27	40.78	39.47	34.67	30.13	32.22	33.16	29.41	29.44	29.33	29.15
Cash Conversion Cycle (CCC)	73.50	75.14	64.65	61.74	73.53	89.17	75.93	71.88	71.19	66.87	65.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	263	476	246	508	539	562	616	733	734	903	1,022
Invested Capital Turnover	2.72	2.61	2.79	3.23	2.42	1.83	1.89	2.20	2.29	2.20	2.10
Increase / (Decrease) in Invested Capital	-392	213	-230	262	31	24	54	117	1.02	169	119
Enterprise Value (EV)	680	826	493	690	886	597	751	884	898	1,777	2,245
Market Capitalization	328	602	514	489	701	395	481	517	545	1,297	1,721
Book Value per Share	$13.68	$14.51	$15.41	$17.46	$20.10	$20.25	$18.49	$19.47	$23.54	$26.94	$31.79
Tangible Book Value per Share	($7.82)	($1.78)	$0.11	$2.59	$6.09	$1.04	($1.55)	($2.56)	($1.67)	($7.34)	($4.94)
Total Capital	550	477	272	549	593	682	665	779	907	1,051	1,325
Total Debt	352	225	3.38	240	238	320	319	414	526	628	827
Total Long-Term Debt	301	173	0.00	237	235	317	315	409	521	622	818
Net Debt	350	223	-22	200	184	201	270	367	353	480	523
Capital Expenditures (CapEx)	14	3.66	2.81	6.77	22	6.55	4.33	4.92	12	25	38
Debt-free, Cash-free Net Working Capital (DFCFNWC)	173	140	171	205	218	146	178	261	257	276	343
Debt-free Net Working Capital (DFNWC)	175	142	196	246	273	266	227	308	430	424	646
Net Working Capital (NWC)	124	91	193	242	270	262	224	303	424	418	638
Net Nonoperating Expense (NNE)	20	7.14	16	14	15	10	17	23	41	50	43
Net Nonoperating Obligations (NNO)	64	223	-23	200	184	201	270	367	353	480	523
Total Depreciation and Amortization (D&A)	34	32	29	28	27	25	29	30	33	37	43
Debt-free, Cash-free Net Working Capital to Revenue	13.87%	14.60%	16.97%	16.84%	17.25%	14.54%	15.96%	17.66%	15.29%	15.32%	16.99%
Debt-free Net Working Capital to Revenue	14.01%	14.76%	19.51%	20.16%	21.55%	26.42%	20.36%	20.77%	25.61%	23.56%	32.06%
Net Working Capital to Revenue	9.93%	9.42%	19.18%	19.88%	21.35%	26.09%	20.07%	20.48%	25.28%	23.19%	31.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.68)	$0.51	$0.97	$2.02	$2.04	$0.00	$0.87	$2.58	$4.07	$4.44	$5.65
Adjusted Weighted Average Basic Shares Outstanding	14.42M	15.04M	17.40M	17.55M	17.59M	0.00	18.95M	18.63M	16.87M	15.86M	15.67M
Adjusted Diluted Earnings per Share	($2.68)	$0.49	$0.93	$1.94	$1.96	$0.00	$0.83	$2.47	$3.89	$4.22	$5.37
Adjusted Weighted Average Diluted Shares Outstanding	14.42M	15.88M	18.24M	18.39M	18.43M	0.00	19.79M	19.47M	17.71M	16.70M	16.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.42M	17.35M	17.36M	17.58M	17.65M	0.00	18.61M	17.73M	16.18M	15.70M	15.52M
Normalized Net Operating Profit after Tax (NOPAT)	34	14	33	53	52	23	33	71	110	121	132
Normalized NOPAT Margin	2.70%	1.49%	3.26%	4.32%	4.09%	2.24%	2.94%	4.82%	6.54%	6.69%	6.52%
Pre Tax Income Margin	-3.12%	1.01%	1.68%	4.29%	3.79%	-4.81%	1.72%	4.45%	5.18%	4.72%	5.91%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.56	1.62	1.99	3.50	3.46	-1.35	1.91	3.26	2.64	2.33	2.97
NOPAT to Interest Expense	-1.79	0.92	1.92	2.52	2.65	-0.94	1.55	2.45	2.07	1.89	2.17
EBIT Less CapEx to Interest Expense	-3.84	1.39	1.83	3.18	2.33	-1.67	1.70	3.09	2.41	1.94	2.35
NOPAT Less CapEx to Interest Expense	-3.07	0.68	1.76	2.19	1.52	-1.26	1.35	2.28	1.84	1.49	1.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-0.23%	5.94%	0.54%	0.24%	0.24%	-0.30%	0.57%	0.19%	0.13%	0.13%	0.10%
Augmented Payout Ratio	-23.03%	5.94%	0.54%	0.24%	0.24%	-0.30%	213.33%	99.71%	81.82%	41.28%	19.40%

This table displays calculated financial ratios and metrics derived from DXP Enterprises' official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	15,679,290.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	15,679,290.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.46
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.37%	8.25%	0.18%	-2.74%	4.09%	12.81%	15.69%	15.49%	11.92%	8.62%	11.99%
EBITDA Growth	38.55%	31.80%	30.68%	-8.69%	4.90%	13.11%	20.90%	31.37%	19.80%	12.62%	17.45%
EBIT Growth	50.40%	38.63%	33.00%	-13.30%	1.76%	13.94%	25.42%	34.52%	20.72%	12.42%	18.19%
NOPAT Growth	43.11%	38.51%	111.59%	-16.97%	-1.85%	33.24%	14.01%	44.65%	26.78%	-8.87%	-7.06%
Net Income Growth	31.47%	23.98%	99.18%	-35.54%	-12.39%	30.48%	33.47%	81.69%	41.45%	2.51%	6.94%
EPS Growth	43.24%	30.99%	156.76%	-29.47%	-5.66%	36.56%	34.74%	86.57%	43.00%	3.15%	7.81%
Operating Cash Flow Growth	-180.90%	1,259.13%	1,066.77%	2.04%	705.88%	-28.71%	-24.28%	-88.98%	26.54%	23.08%	17.47%
Free Cash Flow Firm Growth	38.40%	87.05%	131.08%	74.44%	-17.85%	-825.41%	-519.12%	-1,537.87%	-13.25%	52.14%	35.76%
Invested Capital Growth	11.67%	5.24%	0.14%	4.44%	11.63%	18.67%	23.00%	27.99%	12.21%	9.21%	13.19%
Revenue Q/Q Growth	0.89%	-2.05%	-2.91%	1.37%	7.98%	6.14%	-0.43%	1.20%	4.64%	3.02%	2.66%
EBITDA Q/Q Growth	4.39%	-4.03%	-4.74%	-4.32%	19.92%	3.48%	1.82%	3.96%	9.36%	-2.72%	6.20%
EBIT Q/Q Growth	5.17%	-8.22%	-7.96%	-2.40%	23.43%	2.76%	1.31%	4.67%	10.77%	-4.30%	6.51%
NOPAT Q/Q Growth	8.05%	-4.29%	22.80%	-34.62%	27.72%	29.92%	5.08%	-17.05%	11.95%	-6.61%	7.16%
Net Income Q/Q Growth	8.38%	-15.13%	-1.03%	-29.20%	47.31%	26.41%	1.24%	-3.62%	14.68%	-8.39%	5.61%
EPS Q/Q Growth	11.58%	-12.26%	2.15%	-29.47%	49.25%	27.00%	0.79%	-2.34%	14.40%	-8.39%	5.34%
Operating Cash Flow Q/Q Growth	-109.20%	1,734.79%	6.76%	-36.42%	-45.40%	92.36%	13.40%	-90.75%	527.18%	87.10%	8.24%
Free Cash Flow Firm Q/Q Growth	-24.70%	78.62%	370.69%	-135.42%	-475.07%	-67.86%	-22.60%	-38.40%	60.24%	29.05%	-64.55%
Invested Capital Q/Q Growth	7.53%	-2.52%	-3.97%	3.75%	14.94%	3.64%	-0.47%	7.96%	0.77%	0.87%	3.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.80%	29.95%	30.18%	30.02%	30.93%	30.89%	31.53%	31.53%	31.65%	31.39%	31.59%
EBITDA Margin	10.56%	10.35%	10.15%	9.58%	10.64%	10.37%	10.61%	10.90%	11.39%	10.75%	11.13%
Operating Margin	8.76%	8.55%	7.37%	7.06%	8.38%	8.37%	8.34%	8.50%	9.22%	8.51%	8.85%
EBIT Margin	8.81%	8.26%	7.83%	7.54%	8.62%	8.34%	8.49%	8.78%	9.29%	8.63%	8.96%
Profit (Net Income) Margin	4.45%	3.86%	3.93%	2.75%	3.75%	4.46%	4.54%	4.32%	4.73%	4.21%	4.33%
Tax Burden Percent	73.68%	73.72%	108.24%	72.85%	72.57%	88.91%	94.18%	75.77%	74.73%	73.44%	73.69%
Interest Burden Percent	68.55%	63.36%	46.41%	50.02%	59.92%	60.16%	56.75%	64.96%	68.18%	66.41%	65.63%
Effective Tax Rate	26.32%	26.28%	-8.24%	27.15%	27.43%	11.09%	5.82%	24.23%	25.27%	26.56%	26.31%
Return on Invested Capital (ROIC)	14.29%	14.19%	18.25%	11.50%	12.35%	15.49%	17.31%	13.85%	14.24%	12.91%	13.67%
ROIC Less NNEP Spread (ROIC-NNEP)	11.98%	11.43%	13.69%	8.83%	10.05%	12.37%	13.55%	11.64%	12.10%	10.83%	11.36%
Return on Net Nonoperating Assets (RNNOA)	11.92%	11.31%	13.21%	8.73%	12.06%	14.62%	14.04%	13.00%	14.25%	12.24%	12.37%
Return on Equity (ROE)	26.21%	25.50%	31.46%	20.23%	24.42%	30.11%	31.35%	26.85%	28.49%	25.14%	26.04%
Cash Return on Invested Capital (CROIC)	0.81%	7.68%	14.83%	9.89%	1.77%	-3.32%	-5.89%	-9.64%	3.17%	5.24%	1.30%
Operating Return on Assets (OROA)	14.37%	13.58%	11.87%	11.23%	13.05%	12.74%	12.10%	12.76%	13.71%	12.64%	11.90%
Return on Assets (ROA)	7.26%	6.34%	5.96%	4.09%	5.68%	6.81%	6.47%	6.28%	6.99%	6.17%	5.76%
Return on Common Equity (ROCE)	26.21%	25.53%	31.46%	20.23%	24.41%	30.11%	31.35%	26.85%	28.49%	25.14%	26.04%
Return on Equity Simple (ROE_SIMPLE)	15.62%	16.73%	0.00%	16.66%	15.65%	16.19%	0.00%	17.93%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	28	26	32	21	27	35	37	31	34	32	34
NOPAT Margin	6.45%	6.30%	7.97%	5.14%	6.08%	7.45%	7.86%	6.44%	6.89%	6.25%	6.52%
Net Nonoperating Expense Percent (NNEP)	2.31%	2.77%	4.57%	2.67%	2.30%	3.12%	3.76%	2.21%	2.14%	2.08%	2.30%
Return On Investment Capital (ROIC_SIMPLE)	-	-	3.58%	2.35%	-	-	3.52%	2.82%	3.14%	2.88%	2.59%
Cost of Revenue to Revenue	69.20%	70.05%	69.82%	69.98%	69.07%	69.11%	68.47%	68.47%	68.35%	68.61%	68.41%
SG&A Expenses to Revenue	22.05%	21.40%	22.81%	22.96%	22.54%	22.52%	23.19%	23.03%	22.42%	22.88%	22.74%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.05%	21.40%	22.81%	22.96%	22.54%	22.52%	23.19%	23.03%	22.42%	22.88%	22.74%
Earnings before Interest and Taxes (EBIT)	38	35	32	31	38	39	40	42	46	44	47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	43	41	40	47	49	50	52	57	55	59
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.71	1.61	1.43	2.32	1.90	2.09	3.07	2.90	2.94	3.83	3.45
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.38	0.35	0.32	0.52	0.43	0.48	0.72	0.69	0.72	0.95	0.85
Price to Earnings (P/E)	10.99	9.76	7.93	13.92	12.15	12.95	18.42	16.21	15.89	21.45	19.43
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.10%	10.24%	12.61%	7.19%	8.23%	7.72%	5.43%	6.17%	6.29%	4.66%	5.15%
Enterprise Value to Invested Capital (EV/IC)	1.34	1.29	1.22	1.65	1.39	1.49	1.97	1.87	1.92	2.39	2.20
Enterprise Value to Revenue (EV/Rev)	0.64	0.59	0.54	0.75	0.72	0.78	0.99	0.98	0.98	1.21	1.11
Enterprise Value to EBITDA (EV/EBITDA)	6.85	6.03	5.19	7.41	7.11	7.60	9.55	9.18	9.10	11.08	10.08
Enterprise Value to EBIT (EV/EBIT)	8.55	7.45	6.41	9.28	8.98	9.57	11.93	11.41	11.28	13.75	12.49
Enterprise Value to NOPAT (EV/NOPAT)	11.91	10.34	8.18	11.84	11.53	11.71	14.73	14.07	13.87	17.79	17.06
Enterprise Value to Operating Cash Flow (EV/OCF)	43.25	14.61	8.46	11.76	9.85	11.97	17.38	23.29	23.01	26.74	23.81
Enterprise Value to Free Cash Flow (EV/FCFF)	173.74	17.21	8.26	17.03	83.17	0.00	0.00	0.00	64.29	47.69	179.59
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.16	1.18	1.38	1.40	1.40	1.34	1.49	1.45	1.34	1.28	1.66
Long-Term Debt to Equity	1.11	1.12	1.37	1.39	1.35	1.29	1.47	1.40	1.33	1.27	1.64
Financial Leverage	0.99	0.99	0.97	0.99	1.20	1.18	1.04	1.12	1.18	1.13	1.09
Leverage Ratio	2.71	2.72	2.97	2.98	2.95	2.97	3.14	3.13	3.05	3.00	3.29
Compound Leverage Factor	1.86	1.73	1.38	1.49	1.77	1.79	1.78	2.03	2.08	2.00	2.16
Debt to Total Capital	53.79%	54.07%	58.01%	58.34%	58.42%	57.29%	59.78%	59.16%	57.25%	56.18%	62.40%
Short-Term Debt to Total Capital	2.71%	2.51%	0.61%	0.61%	2.24%	2.17%	0.63%	2.13%	0.60%	0.59%	0.65%
Long-Term Debt to Total Capital	51.08%	51.56%	57.40%	57.73%	56.18%	55.12%	59.15%	57.03%	56.65%	55.58%	61.75%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	46.20%	45.93%	41.99%	41.66%	41.58%	42.71%	40.22%	40.84%	42.75%	43.82%	37.60%
Debt to EBITDA	2.81	2.62	3.04	3.10	3.15	3.04	3.38	3.25	3.02	2.93	3.71
Net Debt to EBITDA	2.71	2.45	2.04	2.28	2.86	2.85	2.58	2.67	2.47	2.35	2.35
Long-Term Debt to EBITDA	2.67	2.50	3.01	3.07	3.03	2.93	3.34	3.13	2.99	2.90	3.68
Debt to NOPAT	4.89	4.49	4.79	4.96	5.11	4.69	5.21	4.98	4.60	4.70	6.29
Net Debt to NOPAT	4.71	4.20	3.21	3.64	4.63	4.39	3.98	4.09	3.77	3.77	3.98
Long-Term Debt to NOPAT	4.64	4.28	4.74	4.91	4.91	4.52	5.15	4.80	4.55	4.65	6.22
Altman Z-Score	3.02	2.97	2.74	2.92	2.80	2.84	3.05	3.05	3.14	3.46	3.01
Noncontrolling Interest Sharing Ratio	0.00%	-0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.45	2.33	2.89	2.69	2.39	2.22	2.71	2.70	2.79	2.77	3.34
Quick Ratio	1.61	1.57	2.16	1.98	1.65	1.49	2.00	1.92	1.93	1.92	2.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-54	-12	31	-11	-64	-107	-132	-182	-73	-51	-85
Operating Cash Flow to CapEx	-134.14%	2,675.50%	822.62%	932.58%	166.97%	716.84%	342.13%	17.27%	180.50%	517.60%	1,149.09%
Free Cash Flow to Firm to Interest Expense	-4.58	-0.92	1.84	-0.72	-4.16	-6.84	-7.63	-12.44	-4.92	-3.45	-5.22
Operating Cash Flow to Interest Expense	-0.21	3.13	2.49	1.74	0.96	1.80	1.86	0.20	1.26	2.34	2.33
Operating Cash Flow Less CapEx to Interest Expense	-0.36	3.02	2.18	1.55	0.38	1.55	1.32	-0.97	0.56	1.89	2.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.63	1.64	1.52	1.49	1.52	1.53	1.43	1.45	1.48	1.46	1.33
Accounts Receivable Turnover	5.56	5.55	5.31	5.33	5.22	5.28	5.54	5.56	5.58	5.47	5.47
Inventory Turnover	10.38	10.02	11.44	10.69	11.06	11.24	12.04	11.77	12.06	12.27	13.07
Fixed Asset Turnover	33.76	32.60	0.00	29.82	29.06	26.88	0.00	23.08	21.86	21.30	20.54
Accounts Payable Turnover	11.80	11.88	12.40	11.42	12.04	11.60	12.45	12.13	12.78	12.09	12.52
Days Sales Outstanding (DSO)	65.64	65.75	68.72	68.44	69.91	69.16	65.88	65.68	65.42	66.77	66.69
Days Inventory Outstanding (DIO)	35.16	36.44	31.92	34.15	33.01	32.48	30.31	31.01	30.26	29.76	27.93
Days Payable Outstanding (DPO)	30.93	30.73	29.44	31.96	30.33	31.47	29.33	30.10	28.55	30.19	29.15
Cash Conversion Cycle (CCC)	69.87	71.46	71.19	70.63	72.59	70.17	66.87	66.60	67.13	66.34	65.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	784	764	734	761	875	907	903	974	982	991	1,022
Invested Capital Turnover	2.22	2.25	2.29	2.24	2.03	2.08	2.20	2.15	2.07	2.07	2.10
Increase / (Decrease) in Invested Capital	82	38	1.02	32	91	143	169	213	107	84	119
Enterprise Value (EV)	1,048	985	898	1,255	1,221	1,347	1,777	1,821	1,890	2,371	2,245
Market Capitalization	633	584	545	869	730	842	1,297	1,291	1,376	1,869	1,721
Book Value per Share	$21.24	$21.73	$23.54	$23.20	$24.15	$25.48	$26.94	$28.33	$29.82	$31.12	$31.79
Tangible Book Value per Share	($2.60)	($2.78)	($1.67)	($3.90)	($8.04)	($8.56)	($7.34)	($6.30)	($4.57)	($3.43)	($4.94)
Total Capital	800	792	907	901	925	942	1,051	1,089	1,095	1,114	1,325
Total Debt	430	428	526	526	540	540	628	644	627	626	827
Total Long-Term Debt	408	408	521	520	520	519	622	621	620	619	818
Net Debt	414	401	353	386	490	505	480	530	514	502	523
Capital Expenditures (CapEx)	1.81	1.49	5.16	2.89	8.83	3.95	9.40	17	10	6.74	3.29
Debt-free, Cash-free Net Working Capital (DFCFNWC)	307	287	257	253	287	291	276	325	332	347	343
Debt-free Net Working Capital (DFNWC)	323	315	430	393	337	326	424	440	445	471	646
Net Working Capital (NWC)	301	295	424	387	316	305	418	416	438	465	638
Net Nonoperating Expense (NNE)	8.56	10	16	9.89	10	14	16	10	11	10	12
Net Nonoperating Obligations (NNO)	414	401	353	386	490	505	480	530	514	502	523
Total Depreciation and Amortization (D&A)	7.47	8.75	9.45	8.43	9.02	9.61	9.99	10	10	11	11
Debt-free, Cash-free Net Working Capital to Revenue	18.66%	17.13%	15.29%	15.19%	17.04%	16.72%	15.32%	17.43%	17.29%	17.73%	16.99%
Debt-free Net Working Capital to Revenue	19.61%	18.76%	25.61%	23.57%	20.01%	18.74%	23.56%	23.56%	23.18%	24.04%	32.06%
Net Working Capital to Revenue	18.29%	17.58%	25.28%	23.24%	18.78%	17.56%	23.19%	22.31%	22.83%	23.71%	31.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.11	$0.98	$0.98	$0.70	$1.05	$1.34	$1.35	$1.31	$1.50	$1.38	$1.46
Adjusted Weighted Average Basic Shares Outstanding	17.21M	16.52M	16.87M	16.13M	15.87M	15.75M	15.86M	15.70M	15.69M	15.69M	15.67M
Adjusted Diluted Earnings per Share	$1.06	$0.93	$0.95	$0.67	$1.00	$1.27	$1.28	$1.25	$1.43	$1.31	$1.38
Adjusted Weighted Average Diluted Shares Outstanding	18.05M	17.36M	17.71M	16.97M	16.71M	16.59M	16.70M	16.54M	16.53M	16.53M	16.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.73M	16.18M	16.18M	15.93M	15.79M	15.69M	15.70M	15.69M	15.69M	15.68M	15.52M
Normalized Net Operating Profit after Tax (NOPAT)	28	26	21	21	27	35	37	31	34	32	34
Normalized NOPAT Margin	6.45%	6.30%	5.16%	5.14%	6.08%	7.45%	7.86%	6.44%	6.89%	6.25%	6.52%
Pre Tax Income Margin	6.04%	5.23%	3.63%	3.77%	5.16%	5.02%	4.82%	5.70%	6.34%	5.73%	5.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.18	2.73	1.87	2.00	2.50	2.51	2.31	2.85	3.14	2.98	2.91
NOPAT to Interest Expense	2.33	2.08	1.90	1.37	1.76	2.24	2.14	2.09	2.33	2.15	2.12
EBIT Less CapEx to Interest Expense	3.03	2.61	1.56	1.81	1.92	2.26	1.77	1.68	2.44	2.52	2.71
NOPAT Less CapEx to Interest Expense	2.18	1.97	1.60	1.18	1.19	1.99	1.60	0.92	1.63	1.70	1.92
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.16%	0.15%	0.13%	0.14%	0.15%	0.14%	0.13%	0.11%	0.10%	0.10%	0.10%
Augmented Payout Ratio	115.10%	140.87%	81.82%	99.07%	77.57%	44.33%	41.28%	17.91%	5.91%	2.65%	19.40%

Financials Breakdown Chart

Key Financial Trends

DXP Enterprises (DXPE) has shown a general pattern of growing revenues with improving profitability over the past four years, supported by solid liquidity and manageable leverage. Below are the most notable trends from the quarterly statements for 2022–2025.

Strong top-line growth: Q4 2025 revenue of $527.39 million, up from $470.91 million in Q4 2024 (about +12% year over year).
Gross margin stability: Total gross profit of $166.59 million on $527.39 million revenue in Q4 2025 implies a gross margin around 31.6%, broadly consistent with 2024 levels.
Earnings momentum: Net income attributable to common shareholders reached $22.83 million in Q4 2025, signaling improving profitability after years of growth.
Cash generation strength: Net cash from continuing operating activities rose to $37.76 million in Q4 2025, up from $32.14 million in Q4 2024.
Strong near-term liquidity: In Q3 2025, total current assets were about $726.9 million and total current liabilities about $262.3 million, implying a healthy current ratio (~2.8x).
Debt level relatively stable: Long-term debt hovered around $619–$620 million through 2025, with a slight year-over-year reduction versus mid-2024, indicating manageable leverage.
Debt-raising activity: Issuance of debt in Q4 2025 totaled about $848.0 million, which significantly boosts liquidity but increases near-term leverage and interest obligations.
Investing for growth: Net cash from continuing investing activities was negative in Q4 2025 (about -$40.5 million), driven by acquisitions (~-$37.2 million) and capital expenditure, signaling ongoing expansion but pressuring near-term cash.
Shareholder capital returns: Dividends and share repurchases in Q4 2025 reduced cash by about $22,000 in dividends and $15.1 million in share repurchases, modest in size but still a cash outflow to shareholders.

05/05/26 04:29 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About DXP Enterprises' Financials

When does DXP Enterprises' fiscal year end?

According to the most recent income statement we have on file, DXP Enterprises' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has DXP Enterprises' net income changed over the last 10 years?

DXP Enterprises' net income appears to be on an upward trend, with a most recent value of $88.68 million in 2025, falling from -$39.07 million in 2015. The previous period was $70.49 million in 2024. See DXP Enterprises' forecast for analyst expectations on whatâ€™s next for the company.

What is DXP Enterprises' operating income?

DXP Enterprises' total operating income in 2025 was $176.87 million, based on the following breakdown:

Total Gross Profit: $635.93 million
Total Operating Expenses: $459.06 million

How has DXP Enterprises' revenue changed over the last 10 years?

Over the last 10 years, DXP Enterprises' total revenue changed from $1.25 billion in 2015 to $2.02 billion in 2025, a change of 61.7%.

How much debt does DXP Enterprises have?

DXP Enterprises' total liabilities were at $1.19 billion at the end of 2025, a 28.1% increase from 2024, and a 53.9% increase since 2015.

How much cash does DXP Enterprises have?

In the past 10 years, DXP Enterprises' cash and equivalents has ranged from $1.59 million in 2016 to $303.78 million in 2025, and is currently $303.78 million as of their latest financial filing in 2025.

How has DXP Enterprises' book value per share changed over the last 10 years?

Over the last 10 years, DXP Enterprises' book value per share changed from 13.68 in 2015 to 31.79 in 2025, a change of 132.3%.

Related Companies

Financial statements for NASDAQ:DXPE last updated on 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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DXP Enterprises (DXPE) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About DXP Enterprises' Financials

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DXP Enterprises (DXPE) Financials

Annual Income Statements for DXP Enterprises

Quarterly Income Statements for DXP Enterprises

Annual Cash Flow Statements for DXP Enterprises

Quarterly Cash Flow Statements for DXP Enterprises

Annual Balance Sheets for DXP Enterprises

Quarterly Balance Sheets for DXP Enterprises

Annual Metrics And Ratios for DXP Enterprises

Quarterly Metrics And Ratios for DXP Enterprises

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About DXP Enterprises' Financials

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