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Sep 30, 2024
DXP Q3 2024 Earnings Report
Announced financial results, demonstrating sequential sales growth and strong adjusted EBITDA margins.
Key Takeaways
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.
Sales increased 6.1 percent sequentially to $472.9 million.
Net income for the third quarter was $21.1 million.
Adjusted EBITDA for the third quarter was $52.4 million.
Free Cash Flow for the third quarter was $24.4 million.
DXP
DXP
DXP Revenue by Segment
Forward Guidance
DXP expects to finish fiscal year 2024 strong with momentum going into fiscal year 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income