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Distributes MRO products — pumps, bearings, hoses, safety gear — to industrial customers via supply-chain services.
Distributes MRO products — pumps, bearings, hoses, safety gear — to industrial customers via supply-chain services.
Distributes industrial supplies and also builds engineered pump systems and manages customers' inventory on site, so income comes from product markups plus recurring supply contracts. Business is spread over many small purchases from manufacturing, energy and water customers. Growth has come heavily from buying smaller distributors.
Moat: narrow (distribution, switching costs). On-site inventory/vendor-managed contracts create switching costs in a fragmented distribution market.
Headquarters: Houston, Texas · Founded: 1908 · Employees: 3,286
Size DXP Enterprises (DXPE) is a United States Industrials company (Wholesale Distributors) with a market value of $2.18B, the 1735th largest of 3,117 United States companies the cockpit tracks. Shares closed at $140.68 on 6 Nov 2026.
Performance Over six months the shares fell 9.9%, against +6.2% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 11.5% over the last twelve months (peer median +7.5%); the operating margin is 8.9% (peer median 7.0%).
Valuation It trades at 20.7× forward earnings against a peer median of 23.2× (8th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.7 points above its cost of capital (8.7% WACC).
Short interest Short interest is 2.2% of the free float (15 Oct 2026).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.14B | $2.02B | $1.80B | $1.68B | $1.48B |
| Revenue growth | — | +12% | +7% | +13% | — |
| Gross profit | $680M | $636M | $556M | $505M | $422M |
| EBITDA | $235M | $211M | $176M | $166M | $127M |
| Net income | $93.2M | $88.7M | $70.5M | $68.8M | $48.2M |
| Free cash flow | $119M | $54.0M | $77.1M | $94.0M | $978,000 |
| Capital expenditure | $15.9M | $40.3M | $25.1M | $12.3M | $4.92M |
| Total debt | $899M | $924M | $693M | $588M | $472M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| DXP Enterprises DXPE | $2.18B | -10% | +11% | 9% | 20.7× | 6.6% |
| Applied Industrial Technologies AIT | $10.3B | -8% | +8% | 11% | 23.0× | 8.6% |
| WESCO International WCC | $14.2B | -18% | +14% | 6% | 14.1× | 10.4% |
| MSC Industrial Direct MSM | $6.33B | +9% | +6% | 9% | 20.1× | 9.0% |
| Genuine Parts GPC | $16.9B | +19% | +5% | 5% | 15.5× | 7.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DXPE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.2% | -5.0% | 2nd lowest of 21 |
| 6-month return | -9.9% | +6.2% | 6th lowest of 21 |
| Distance from 52-week high | -32.4% | -22.2% | 7th lowest of 21 |
| Revenue growth (TTM) | +11.5% | +7.5% | 7th highest of 21 |
| Operating margin | 8.9% | 7.0% | 7th highest of 19 |
| Forward P/E | 20.7× | 23.2× | 8th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 6.6% | 5.6% | 10th least demanding of 19 |
| Growth delivered (Del g) | +14.9% | +8.8% | 4th highest of 19 |
| Hurdle (Req g minus delivered) | -8.3 pp | -5.4 pp | 9th least demanding of 19 |
| ROIC minus cost of capital | +3.7 pp | +1.0 pp | 8th highest of 18 |
| EV / EBITDA | 12.1× | 13.3× | 6th cheapest of 11 |
| Net debt / EBITDA | 2.9× | 0.9× | 4th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| DXP Enterprises DXPE | United States | $2.18B | -10% | +11% | 9% | 20.7× | 6.6% | +14.9% |
| Hanwa 8078.T | Japan | $2.29B | +7% | +6% | 2% | 7.8× | -4.2% | +8.8% |
| OEM International OEM-B.ST | Sweden | $2.34B | +11% | +11% | 15% | 29.9× | 14.6% | +10.1% |
| Shanghai Xinhua Media 600825.SS | China | $2.03B | +118% | +1% | -1% | n/a | 44.5% | +2.3% |
| DNOW DNOW | United States | $2.40B | +2% | +70% | -3% | 23.6× | 9.8% | +11.7% |
| Currys CURY.L | United Kingdom | $1.97B | +16% | +6% | 2% | 10.4× | 4.3% | -2.2% |
| Boise Cascade BCC | United States | $2.44B | -1% | +1% | 3% | 24.1× | 7.7% | +3.2% |
| BIC Cameras 3048.T | Japan | $1.94B | +10% | +7% | 4% | 15.2× | -8.2% | +4.5% |
| Dalrymple Bay Infrastructure DBI.AX | Australia | $1.92B | +6% | +11% | 29% | 26.2× | 7.8% | +104.8% |
| Xinhua Winshare Publishing & Media 601811.SS | China | $2.52B | +26% | -4% | 7% | 15.2× | -11.4% | +5.4% |
| ARE 5857.T | Japan | $1.89B | +1% | +38% | 7% | 9.3× | 2.0% | +29.4% |
| Bufab BUFAB.ST | Sweden | $2.55B | +16% | +8% | 13% | 29.2× | 18.7% | +11.2% |
| Travis Perkins TPK.L | United Kingdom | $1.86B | +28% | 0% | 3% | 23.2× | 8.5% | +4.3% |
| Jiangxi Tungsten Rare and Precious Equipment 600397.SS | China | $1.86B | -13% | -92% | n/a | 156.9× | n/a | n/a |
| Workman 7564.T | Japan | $2.57B | -31% | +21% | 19% | 17.1× | 4.6% | +8.7% |
| Pengxin International Mining 600490.SS | China | $1.85B | -32% | -20% | n/a | n/a | 6.6% | -17.2% |
| Tibet Huayu Mining 601020.SS | China | $1.83B | -48% | -22% | 23% | n/a | n/a | n/a |
| Inaba Denkisangyo 9934.T | Japan | $1.82B | -4% | +15% | 8% | n/a | -11.9% | +8.5% |
| Happinet 7552.T | Japan | $1.82B | +133% | +19% | 3% | 16.2× | -4.1% | +11.1% |
| AGTech 8279.HK | Hong Kong | $1.78B | +109% | +24% | 8% | n/a | -14.9% | +36.3% |
| Arteche Lantegi Elkartea ART.MC | Spain | $1.77B | -36% | +11% | 14% | 25.2× | 7.2% | +13.9% |