DXPE · Dxp Enterprises Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.02B | $1.80B | $1.68B | $1.48B | $1.11B | $1.01B |
| Cost of Revenue | $1.38B | $1.25B | $1.17B | $1.06B | $785.41M | $726.00M |
| Gross Profit | $635.93M | $556.28M | $505.29M | $422.04M | $328.51M | $279.27M |
| R&D | - | - | - | - | - | - |
| SG&A | $459.06M | $410.89M | $366.57M | $324.29M | $288.65M | $246.26M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $10.37M | $9.02M | $8.42M | $9.59M | $9.95M | $10.40M |
| Operating Income | $176.87M | $145.38M | $138.72M | $97.75M | $39.86M | ($26.87M) |
| Interest Expense | $60.53M | $63.93M | $53.15M | $29.14M | $21.09M | $20.57M |
| Income Tax | $30.55M | $14.48M | $18.12M | $17.80M | $3.43M | ($18.44M) |
| Net Income | $88.68M | $70.49M | $68.81M | $48.16M | $16.50M | ($28.73M) |
| EPS - Basic | $5.65 | $4.44 | $4.07 | $2.58 | $0.87 | ($1.62) |
| EPS - Diluted | $5.37 | $4.22 | $3.89 | $2.47 | $0.83 | ($1.62) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $303.78M | $148.32M | $173.12M | $46.03M | $48.99M | $117.35M |
| Accounts Receivable | $397.50M | $339.37M | $311.17M | $320.88M | $218.14M | $163.43M |
| Inventory | $108.14M | $103.11M | $103.81M | $101.39M | $100.89M | $97.07M |
| Accounts Payable | $116.77M | $103.73M | $96.47M | $100.78M | $77.84M | $75.74M |
| Current Assets | $910.32M | $661.87M | $648.55M | $516.11M | $404.57M | $406.58M |
| Total Assets | $1.69B | $1.35B | $1.18B | $1.04B | $906.19M | $851.86M |
| Current Liabilities | $272.48M | $243.98M | $224.16M | $212.90M | $181.06M | $144.14M |
| Long-term Debt | $818.48M | $621.68M | $520.70M | $409.20M | $315.40M | $317.14M |
| Total Liabilities | $1.19B | $926.71M | $796.56M | $671.89M | $547.50M | $504.00M |
| Stockholders' Equity | $498.44M | $422.79M | $380.88M | $365.39M | $358.64M | $347.07M |
| Retained Earnings | $478.26M | $389.67M | $319.27M | $250.55M | $202.48M | $140.47M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $94.26M | $102.21M | $106.22M | $5.89M | $37.09M | $107.67M |
| Investing Cash Flow | ($99.25M) | ($181.69M) | ($22.65M) | ($53.42M) | ($69.02M) | ($121.80M) |
| Financing Cash Flow | $158.87M | $56.80M | $43.58M | $44.31M | ($38.49M) | $77.41M |
| CapEx | $40.29M | $25.07M | $12.26M | $4.92M | $6.00M | $6.67M |
| Free Cash Flow | $53.98M | $77.14M | $93.96M | $978.0K | $31.09M | $101.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.5% | 30.9% | 30.1% | 28.5% | 29.5% | 27.8% |
| Operating margin | 8.8% | 8.1% | 8.3% | 6.6% | 3.6% | -2.7% |
| EBITDA margin | 9.3% | 8.6% | 8.8% | 7.2% | 4.5% | -1.6% |
| Net margin | 4.4% | 3.9% | 4.1% | 3.3% | 1.5% | -2.9% |
| Free cash flow margin | 2.7% | 4.3% | 5.6% | 0.1% | 2.8% | 10.0% |
| FCF / Net income | 0.61 | 1.09 | 1.37 | 0.02 | 1.88 | -3.52 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 22.8% | 22.8% | 21.8% | 21.9% | 25.9% | 24.5% |
| Effective tax rate | 25.6% | 17.0% | 20.8% | 27.0% | 17.2% | - |
| Return on assets | 5.3% | 5.2% | 5.8% | 4.6% | 1.8% | -3.4% |
| Return on equity | 17.8% | 16.7% | 18.1% | 13.2% | 4.6% | -8.3% |
| Return on invested capital | 10.0% | 11.5% | 12.2% | 9.2% | 4.9% | -3.2% |
| Liquidity | ||||||
| Current ratio | 3.34 | 2.71 | 2.89 | 2.42 | 2.23 | 2.82 |
| Quick ratio | 2.94 | 2.29 | 2.43 | 1.95 | 1.68 | 2.15 |
| Cash ratio | 1.11 | 0.61 | 0.77 | 0.22 | 0.27 | 0.81 |
| Leverage | ||||||
| Debt / Equity | 1.64 | 1.47 | 1.37 | 1.12 | 0.88 | 0.91 |
| Debt / Assets | 0.49 | 0.46 | 0.44 | 0.39 | 0.35 | 0.37 |
| Debt / EBITDA | 4.37 | 4.03 | 3.54 | 3.81 | 6.33 | - |
| Interest coverage | 2.9x | 2.3x | 2.6x | 3.4x | 1.9x | -1.3x |
| Equity multiplier | 3.38 | 3.19 | 3.09 | 2.84 | 2.53 | 2.45 |
| Liabilities / Assets | 0.70 | 0.69 | 0.68 | 0.65 | 0.60 | 0.59 |
| Efficiency | ||||||
| Asset turnover | 1.20 | 1.34 | 1.43 | 1.43 | 1.23 | 1.18 |
| Inventory turnover | 12.76 | 12.08 | 11.30 | 10.44 | 7.78 | 7.48 |
| Days sales outstanding | 72d | 69d | 68d | 79d | 71d | 59d |
| Days inventory outstanding | 29d | 30d | 32d | 35d | 47d | 49d |
| Days payable outstanding | 31d | 30d | 30d | 35d | 36d | 38d |
| Cash conversion cycle | 70d | 69d | 70d | 79d | 82d | 70d |
| Valuation | ||||||
| P / E | 20.4x | 19.6x | 8.7x | 11.2x | 30.9x | - |
| P / B | 3.6x | 3.3x | 1.6x | 1.5x | 1.4x | 1.1x |
| P / S | 0.9x | 0.8x | 0.4x | 0.4x | 0.5x | 0.4x |
| EV / EBITDA | 12.4x | 12.0x | 6.4x | 8.4x | 15.5x | - |
| Growth | ||||||
| Revenue growth (YoY) | 11.9% | 7.4% | 13.4% | 32.9% | 10.8% | -20.7% |
| Revenue CAGR (3y) | 10.8% | 17.4% | 18.6% | 5.3% | 5.0% | -0.1% |
| Revenue CAGR (5y) | 14.9% | 7.3% | 11.8% | 8.0% | 3.0% | -4.2% |
| Gross profit growth (YoY) | 14.3% | 10.1% | 19.7% | 28.5% | 17.6% | -19.6% |
| Operating income growth (YoY) | 21.7% | 4.8% | 41.9% | 145.3% | - | - |
| Net income growth (YoY) | 25.8% | 2.4% | 42.9% | 191.9% | - | - |
| EPS growth (YoY) | 27.3% | 8.5% | 57.5% | 197.6% | - | - |
| EPS CAGR (3y) | 29.5% | 72.0% | - | 8.0% | -24.6% | - |
| EPS CAGR (5y) | - | 16.6% | 14.9% | 21.6% | 11.1% | - |
| FCF growth (YoY) | -30.0% | -17.9% | 9507.3% | -96.9% | -69.2% | 426.4% |
| FCF CAGR (5y) | -11.8% | 32.1% | 28.8% | -53.6% | -6.3% | 3.8% |
| Book value growth (YoY) | 17.9% | 11.0% | 4.2% | 1.9% | 3.3% | 0.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.02B totalService Centers$1.37B · 68.1%
Innovative Pumping Solutions$390.29M · 19.4%
Supply Chain Services$252.93M · 12.5%
Product / service
$1.37B totalOrganic Sales$1.32B · 95.9%
Acquisition Sales$56.16M · 4.1%
Geographic
$2.02B totalUS$1.94B · 96.2%
CA$75.00M · 3.7%
Outside Of United States And Canada$2.00M · 0.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.21
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Industrial Machinery & Equipment
Comparing DXP ENTERPRISES INC against the 4 most active filers in the same SIC group.