DXP Enterprises, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.02B | $1.80B | $1.68B | $1.48B | $1.11B | $1.01B | $1.26B | $1.22B |
| Cost of Revenue | $1.38B | $1.25B | $1.17B | $1.06B | $785.4M | $728.1M | $915.1M | $882.9M |
| Gross Profit | $635.9M | $556.3M | $505.3M | $422.0M | $328.5M | $277.2M | $349.8M | $335.8M |
| Gross Margin | 31.5% | 30.9% | 30.1% | 28.5% | 29.5% | 27.6% | 27.7% | 27.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $459.1M | $410.9M | $366.6M | $324.3M | $288.6M | $245.0M | $282.4M | $263.8M |
| Operating Income | $176.9M | $145.4M | $138.7M | $97.8M | $39.9M | $-27.7M | $67.4M | $72.1M |
| Operating Margin | 8.8% | 8.1% | 8.3% | 6.6% | 3.6% | -2.8% | 5.3% | 5.9% |
| Interest Expense | — | — | $53.1M | $29.1M | $21.1M | $20.6M | $19.5M | $20.9M |
| Pretax Income | $119.2M | $85.0M | $86.9M | $65.9M | $19.2M | $-48.3M | $48.0M | $52.3M |
| Income Tax Expense | $30.5M | $14.5M | $18.1M | $17.8M | $3.4M | $-18.7M | $11.2M | $14.1M |
| Net Income | $88.7M | $70.5M | $68.8M | $48.2M | $16.5M | $-29.3M | $37.0M | $38.3M |
| Net Margin | 4.4% | 3.9% | 4.1% | 3.3% | 1.5% | -2.9% | 2.9% | 3.1% |
| EPS (Basic) | $5.65 | $4.44 | $4.07 | $2.58 | $0.87 | $-1.65 | $2.10 | $2.18 |
| EPS (Diluted) | $5.37 | $4.22 | $3.89 | $2.47 | $0.83 | $-1.65 | $2.01 | $2.08 |
| Shares Outstanding (Basic) | 15.7M | 15.9M | 16.9M | 18.6M | 18.9M | 17.7M | 17.6M | 17.6M |
| Shares Outstanding (Diluted) | 16.5M | 16.7M | 17.7M | 19.5M | 19.8M | 17.7M | 18.4M | 18.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |