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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

DXP ENTERPRISES INC DXPE

· Consumer · Wholesale-Industrial Machinery & Equipment

FY2025 10-K, filed 2026-02-26
SEC EDGAR

Filing evidence summary

Mixed evidenceCoverage 5/5 core metrics

Flagged areas: Solvency & liquidity.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • 1 filing risk check flagged

    Flagged areas: Solvency & liquidity.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Operating margin was stable

    Operating margin changed +0.7 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.

  • Revenue expanded

    Latest reported annual revenue changed +11.9% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Free cash flow was positive

    Latest reported free cash flow was $54M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.

Core trend metrics

Latest annual revenue growth
+11.9%
as of 2025-12-31
Latest annual operating margin
8.8%
as of 2025-12-31
Free cash flow
$54M
as of 2025-12-31
Debt / equity
1.64x
as of 2025-12-31
ROIC snapshot
10.3%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

1of 12 rule-based checks flagged
  • Solvency & liquidity

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-26prior period 2024-12-31 from the same filingView filing
By business segment
Revenue
  • Service Centers$1.37B
    68.1%
    +11.0% yoy
  • Innovative Pumping Solutions$390M
    19.4%
    +26.4% yoy
  • Supply Chain Services$253M
    12.5%
    -1.4% yoy

Members sum to the consolidated $2.02B for this period.

By product or service
Revenue
  • Organic Sales$1.92B
    95.2%
    +12.7% yoy
  • Acquisition Sales$96M
    4.8%
    -2.5% yoy

Members sum to the consolidated $2.02B for this period.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-07prior period 2025-03-31 from the same filingView filing
  • Service Centers$338M
    64.8%
    +3.3% yoy
  • Innovative Pumping Solutions$119M
    22.7%
    +37.7% yoy
  • Supply Chain Services$65M
    12.5%
    +2.7% yoy

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,122 US-listed filers · 481 in Consumer
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$2.0B
67thof 3,301
middle third
51stof 463
middle third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
11.9%
66thof 3,135
middle third
84thof 449
top third
Gross margin
gross profit ÷ revenue
31.5%
39thof 1,603
middle third
45thof 328
middle third
Operating margin
operating income ÷ revenue
8.8%
66thof 2,819
middle third
72ndof 432
top third
Net margin
net income ÷ revenue
4.4%
57thof 3,263
middle third
62ndof 459
middle third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
2.7%
43rdof 2,679
middle third
43rdof 417
middle third
Return on equity
net income ÷ stockholders' equity (positive equity only)
17.8%
83rdof 3,577
top third
74thof 410
top third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
0.3%
93rdof 2,895
top third
81stof 414
top third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
72 days
25thof 2,398
bottom third
9thof 382
bottom third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
5.5×
24thof 1,547
bottom third
20thof 242
bottom third
Cash conversion
operating cash flow ÷ net income (net income > 0)
1.1×
27thof 2,183
bottom third
18thof 298
bottom third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-0.4%
23rdof 3,577
bottom third
14thof 415
bottom third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
12.3%
36thof 3,059
middle third
28thof 325
bottom third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
1.06×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-0.4%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
12.3%
change in net operating assets ÷ average net operating assets
Cash-backed years
4 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.29×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 28 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Net income
NetIncomeLoss
quarter 2020-12-31-$1.9M
10-K 2021-03-18
-$3M
10-K/A 2021-10-22
-57.9%first · latest
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
quarter 2021-03-31$10.6M
10-Q 2021-05-10
$8.58M
10-Q 2022-05-13
-18.7%first · latest · 3 filings carry it
Net income
NetIncomeLoss
quarter 2020-06-30$2.14M
10-Q 2020-08-10
$2.43M
10-Q 2021-11-05
+13.3%first · latest · 4 filings carry it
Net income
NetIncomeLoss
quarter 2021-03-31$340K
10-Q 2021-05-10
$371K
10-Q 2022-05-13
+9.1%first · latest · 3 filings carry it
Net income
NetIncomeLoss
quarter 2020-03-31$5.71M
10-Q 2020-05-08
$6.05M
10-Q/A 2021-11-04
+6.0%first · latest · 5 filings carry it
Operating income
OperatingIncomeLoss
quarter 2020-06-30$6.75M
10-Q 2020-08-10
$7.14M
10-Q 2021-11-05
+5.7%first · latest
Goodwill
Goodwill
balance at 2021-03-31$248M
10-Q 2021-05-10
$262M
10-Q/A 2021-11-04
+5.4%first · latest
Goodwill
Goodwill
balance at 2021-12-31$309M
10-K 2022-04-05
$297M
10-K 2024-03-11
-3.9%first · latest · 6 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2020-12-31$347M
10-K 2021-03-18
$360M
10-K 2022-04-05
+3.8%first · latest · 7 filings carry it
Operating income
OperatingIncomeLoss
quarter 2020-03-31$10.9M
10-Q 2020-05-08
$11.3M
10-Q/A 2021-11-04
+3.7%first · latest · 3 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2021-12-31$359M
10-K 2022-04-05
$347M
10-K 2023-04-17
-3.3%first · latest · 5 filings carry it
Operating income
OperatingIncomeLoss
fiscal year 2020-12-31-$26.9M
10-K 2021-03-18
-$27.7M
10-K 2023-04-17
-3.0%first · latest · 4 filings carry it
Stockholders' equity
StockholdersEquity
balance at 2021-03-31$352M
10-Q 2021-05-10
$362M
10-Q/A 2021-11-04
+2.7%first · latest
Gross profit
GrossProfit
quarter 2020-12-31$64.3M
10-K 2021-03-18
$62.6M
10-K/A 2021-10-22
-2.6%first · latest
Receivables
AccountsReceivableNetCurrent
balance at 2020-12-31$163M
10-K 2021-03-18
$167M
10-K 2022-04-05
+2.1%first · latest · 7 filings carry it
Total assets
Assets
balance at 2020-12-31$852M
10-K 2021-03-18
$868M
10-K 2022-04-05
+1.9%first · latest · 7 filings carry it
Net income
NetIncomeLoss
fiscal year 2020-12-31-$28.7M
10-K 2021-03-18
-$29.3M
10-K 2023-04-17
-1.9%first · latest · 4 filings carry it
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
fiscal year 2020-12-31$108M
10-K 2021-03-18
$110M
10-K 2023-04-17
+1.8%first · latest · 4 filings carry it
Cash
CashAndCashEquivalentsAtCarryingValue
balance at 2020-12-31$117M
10-K 2021-03-18
$119M
10-K 2022-04-05
+1.7%first · latest · 7 filings carry it
Total assets
Assets
balance at 2021-03-31$869M
10-Q 2021-05-10
$882M
10-Q/A 2021-11-04
+1.4%first · latest
Total assets
Assets
balance at 2021-12-31$906M
10-K 2022-04-05
$894M
10-K 2023-04-17
-1.3%first · latest · 5 filings carry it
Gross profit
GrossProfit
quarter 2020-03-31$84M
10-Q 2020-05-08
$83.1M
10-Q/A 2021-11-04
-1.0%first · latest · 5 filings carry it
Receivables
AccountsReceivableNetCurrent
balance at 2021-03-31$168M
10-Q 2021-05-10
$170M
10-Q/A 2021-11-04
+1.0%first · latest
Gross profit
GrossProfit
fiscal year 2020-12-31$279M
10-K 2021-03-18
$277M
10-K 2023-04-17
-0.7%first · latest · 4 filings carry it
Total liabilities
Liabilities
balance at 2020-12-31$504M
10-K 2021-03-18
$507M
10-K 2022-04-05
+0.6%first · latest · 7 filings carry it
Total liabilities
Liabilities
balance at 2021-03-31$517M
10-Q 2021-05-10
$520M
10-Q/A 2021-11-04
+0.6%first · latest
Goodwill
Goodwill
balance at 2020-12-31$248M
10-K 2021-03-18
$250M
10-K 2023-04-17
+0.6%first · latest · 8 filings carry it
Gross profit
GrossProfit
quarter 2020-06-30$69.7M
10-Q 2020-08-10
$70.1M
10-Q 2021-11-05
+0.6%first · latest · 4 filings carry it

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for DXPE yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.