DXP Earnings Reports

DXP Enterprises delivered strong financial performance in Q4 2024, with total sales increasing by 15.7% year-over-year to $470.9 million. Net income rose to $21.4 million, while diluted EPS improved to $1.29. Adjusted EBITDA grew 20.1% to $50.3 million. Free cash flow was $22.7 million, reflecting 46.4% of EBITDA.

DXP Enterprises reported excellent third quarter financial results with solid sales, adjusted EBITDA, earnings per share, and free cash flow. The company achieved a 6.1 percent sequential sales increase and an 11.1 percent Adjusted EBITDA margin. DXP also completed five acquisitions through Q3.

DXP Enterprises, Inc. announced its second quarter 2024 financial results, featuring an 8.0% sequential increase in sales to $445.6 million and a rise in Adjusted EBITDA to $48.2 million. The company's performance reflects its growth strategy and diversification efforts, with contributions from organic sales and strategic acquisitions.

DXP Enterprises, Inc. announced first quarter 2024 results, featuring $412.6 million in sales, GAAP diluted EPS of $0.67, non-GAAP diluted EPS of $0.74, and Adjusted EBITDA of $40.3 million. The company also reported free cash flow of $24.1 million, a 6.4 percent year-over-year increase, and completed the acquisitions of Hennesy Mechanical Sales, Kappe Associates, and Pro-Seal, Inc.

DXP Enterprises reported a slight increase in sales for the fourth quarter of 2023, with sales reaching $407.0 million compared to $406.3 million in the same period of 2022. Diluted earnings per share increased to $0.94 from $0.37, and adjusted diluted earnings per share rose to $1.12 from $0.50. Adjusted EBITDA also increased to $41.9 million from $31.6 million year-over-year.

DXP Enterprises, Inc. announced financial results for the third quarter ended September 30, 2023. Sales increased by 8.2 percent to $419.2 million, net income increased by 16.1 percent to $16.2 million, and diluted earnings per share increased to $0.93. Adjusted EBITDA was $44.0 million, and Free Cash Flow was $38.3 million.

DXP Enterprises, Inc. announced financial results for the second quarter ended June 30, 2023, featuring a 16.4% year-over-year increase in sales to $428.0 million and net income attributable to common shareholders of $19.0 million, compared to $14.4 million in Q2 2022. The company also reported adjusted EBITDA of $45.3 million and completed the acquisitions of Riordan Materials Corporation, Florida Valve & Equipment Corp., and Environmental MD.

DXP Enterprises, Inc. announced strong first quarter 2023 results with record sales of $424.3 million, a 32.8% year-over-year increase. Net income was $17.6 million, and adjusted EBITDA reached $43.1 million. The company highlighted solid demand and strong performance across all three segments.

DXP Enterprises reported a strong Q4 2022, with sales up 38.6% to $406.3 million and earnings per diluted share at $0.37, or $0.50 excluding one-time charges. Adjusted EBITDA increased to $31.6 million, representing 7.8% of sales. Fiscal year 2022 also saw significant growth, with sales reaching $1.5 billion and diluted EPS at $2.47.

DXP Enterprises reported a 33.8% year-over-year increase in sales, reaching $387.3 million. Net income increased to $13.9 million, with GAAP diluted EPS at $0.71 and non-GAAP diluted EPS at $0.78. Adjusted EBITDA was $34.3 million, representing 9% Adjusted EBITDA margins.

DXP Enterprises reported a strong second quarter in 2022, marked by a 28.7% increase in sales to $367.8 million compared to the previous year. The company's net income rose to $14.4 million, and diluted EPS reached $0.74. Adjusted EBITDA also saw substantial growth, reaching $32.6 million, reflecting broad-based strength across the company.

DXP Enterprises reported a strong first quarter in 2022, with sales increasing by 30.1% year-over-year to $319.4 million. The company's earnings per diluted share reached $0.65, and adjusted EBITDA significantly improved, reflecting the company's focus on customers and improving market conditions. DXP closed acquisitions of Drydon Equipment Inc. and Burlingame Engineers Inc.

DXP Enterprises reported a 26.0% increase in sales for the fourth quarter of 2021, reaching $293.1 million. Earnings per diluted share improved to $0.05, compared to $(0.18) in the same quarter of the previous year. The company's fiscal year 2021 also showed positive results, with a 10.8% increase in sales and diluted earnings per share of $0.83.

DXP Enterprises announced third quarter 2021 financial results, featuring a 31.5% year-over-year increase in sales to $289.5 million and GAAP diluted EPS of $0.36. The company also reported $63.1 million in cash and cash equivalents and $5.2 million in free cash flow for the quarter. Strategic acquisitions, including Process Machinery and Premier Water, contributed to the company's performance.

DXP Enterprises reported a strong second quarter with a 16.2% sequential increase in sales, reaching $285.5 million. The company also saw significant improvement in earnings per share, net income, and adjusted EBITDA, driven by improved execution and market conditions.

DXP Enterprises announced that its Board of Directors authorized a stock repurchase program under which up to $85.0 million or 1.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months.

DXP Enterprises reported a 5.7% sequential increase in sales for Q4 2020, reaching $232.7 million. The company closed six acquisitions during the year and refinanced its Term Loan B. GAAP diluted EPS was $(0.11), while adjusted EPS was $0.19, excluding certain non-cash and one-time items.

DXP Enterprises announced financial results for the third quarter ended September 30, 2020. Sales were $220.2 million. GAAP diluted EPS was $(1.95), excluding non-cash, one-time items, adjusted EPS was $0.16. Free cash flow for the quarter was $29.1 million.

DXP Enterprises announced financial results for the second quarter ended June 30, 2020. Sales were $251.4 million, and earnings per diluted share was $0.12. The company generated $61.6 million in free cash flow and paid down debt by $15.6 million.

DXP Enterprises reported a decrease in sales by 3.3% to $301.0 million compared to Q1 2019. Net income was $5.7 million, with GAAP diluted EPS of $0.31. The company focused on managing its balance sheet and prioritizing the health and safety of its employees during the COVID-19 pandemic.

DXP Enterprises announced fourth-quarter results with sales decreasing by 5.0% to $295.5 million and earnings per diluted share at $0.12. Despite a challenging market environment, the company focused on strategic investments and market share growth, generating $26 million in free cash flow. The company closed two acquisitions and focused on margin expansion, strong returns on capital, and free cash flow generation.