DXPENasdaqWholesale-Industrial Machinery & EquipmentUS GAAP · USD

DXP Enterprises, Inc

DXP Enterprises is a U.S.-based industrial distributor and service provider focused on maintenance, repair and operating (MRO) products, equipment, and technical services. Founded in 1908 and organized around Service Centers, Innovative Pumping Solutions, and Supply Chain Services, it serves industrial customers that want to simplify sourcing, reduce inventory, and outsource parts of their procurement and equipment support needs.

Liikevaihto2 016milj. USD
+11,9 %v/v
Liikevoitto (EBIT)177milj. USD
+21,7 %v/v
EBIT-marginaali8,8%
+0,7 %-yks.v/v
Nettotulos88,7milj. USD
+25,8 %v/v
Vapaa kassavirta54,0milj. USD
−30,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50005001 0001 5002 0002 500milj. USD2020: 1 005 milj. USD2020: EBIT −28 milj. USD20202021: 1 114 milj. USD2021: EBIT 40 milj. USD20212022: 1 481 milj. USD2022: EBIT 98 milj. USD20222023: 1 679 milj. USD2023: EBIT 139 milj. USD20232024: 1 802 milj. USD2024: EBIT 145 milj. USD20242025: 2 016 milj. USD2025: EBIT 177 milj. USD20252 016177
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Service Centers68 %

Traditional distribution of MRO products, technical support, and local customer service through branch locations.

Innovative Pumping Solutions19 %

Fabrication, assembly, and delivery of customer-specific pump packages and rotating equipment solutions.

Supply Chain Services13 %

Integrated procurement, storeroom management, and on-site supply programs at customer facilities.

Tuotteet

Raportoitu · osuus liikevaihdosta
95,2%FY2025100 %
  • Organic Sales95,2 %
  • Acquisition Sales4,8 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

DXP sells to industrial end markets that need reliable MRO supply and equipment support, including general industrial, energy, food & beverage, chemical, transportation, water, and wastewater. Customers buy from DXP to reduce supplier complexity, improve inventory control, and access technical expertise and integrated procurement programs.

General industrial manufacturers

Buy MRO products and service support to keep plants running and reduce procurement complexity.

Energy and process industries

Buy pumps, rotating equipment, and maintenance-related products for critical operations.

Food & beverage and chemical plants

Buy recurring operating supplies and integrated service programs to improve uptime and compliance.

Water and wastewater operators

Buy pumping and MRO solutions for infrastructure reliability and maintenance needs.

Integrated supply customers

Outsource procurement and storeroom management to DXP through on-site or centralized programs.

Strategia

DXP is focused on internal growth, acquisitions, and cross-selling higher-value solutions into its installed customer base. Management is also emphasizing working-capital discipline, productivity improvements, and technology/facility investments to support integrated supply programs and margin expansion.

Cross-sell and expand product breadthLyhyt aikaväli

Raises wallet share with existing customers and deepens switching costs.

Acquire distributors and complementary businessesKeskipitkä aikaväli

Adds geography, products, and customer relationships faster than organic growth alone.

Increase integrated supply solutionsKeskipitkä aikaväli

Strengthens customer retention and differentiates DXP from pure distributors.

Improve working capital and productivityLyhyt aikaväli

Supports cash generation and funds growth without over-reliance on external capital.

Maantiede

Q1/2026

DXP’s core business is concentrated in the United States, with operations across 39 states and its headquarters in Houston, Texas. It also has a meaningful Canadian presence and smaller operating footprints in the UAE, India, and Saudi Arabia, while its Supply Chain Services segment reported about 7.1% of revenue from Canada and the rest primarily in the U.S.

USA97 %
Kanada3,1 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

DXP’s earnings depend on industrial demand, customer mix, and its ability to pass through product cost inflation. The business also faces execution risk from acquisitions, supply chain concentration, product liability and environmental claims, cybersecurity, and foreign operating exposure.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Direct manufacturer selling to end users1Input cost inflation and pricing lag2Acquisition integration risk3Product liability, warranty, and environmental claims4Cybersecurity and data disruption5Foreign operations and regulatory compliance6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Direct manufacturer selling to end usersVaikutus: KorkeaTodennäköisyys: Kohtalainen

    If manufacturers bypass distributors, DXP could lose sales and margin on core MRO products.

    Kohdistuu: Core distribution business

  2. Input cost inflation and pricing lagVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Higher manufacturer costs may not be fully passed through, compressing gross margin.

    Kohdistuu: Service Centers and product distribution

  3. Acquisition integration riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Growth strategy relies on acquisitions, which can create integration, retention, and valuation issues.

    Kohdistuu: Corporate strategy and capital allocation

  4. Product liability, warranty, and environmental claimsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Manufactured and distributed products can create claims that are not fully insured.

    Kohdistuu: Industrial equipment and pump-related offerings

  5. Cybersecurity and data disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    DXP relies on electronic ordering and customer/supplier data, making breaches operationally disruptive.

    Kohdistuu: Customer and supplier systems

  6. Foreign operations and regulatory complianceVaikutus: MatalaTodennäköisyys: Matala

    Operations in Canada, UAE, India, and Saudi Arabia add legal, tax, and compliance complexity.

    Kohdistuu: International footprint

Kirjanpito

Harkinnanvaraiset erät
Percentage-of-completion revenue recognition

IPS contracts can run 3-18 months or longer, so estimates of cost-to-complete affect revenue and margin timing.

Vaikutus: Can shift quarterly and annual earnings materially if estimates change

Goodwill impairment

Acquisitions have created goodwill that must be tested if market conditions or performance weaken.

Vaikutus: Potential non-cash write-downs

Trade receivables and credit risk

Customer payments are typically on 30-day terms but can be extended, increasing collection risk.

Vaikutus: Allowance for credit losses and cash flow

Acquisition accounting

Recent and future acquisitions affect purchase price allocation, intangible assets, and amortization.

Vaikutus: Reported earnings and leverage metrics

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026