DXP ENTERPRISES INC (DXPE) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Consumer Discretionary
Wholesale-Industrial Machinery & EquipmentSEC EDGAR

DXP ENTERPRISES INC (DXPE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

DXP ENTERPRISES INC FY2025 10-K Analysis

Business Overview

  • Core business model: distribution of MRO products, equipment, and services across diverse industrial end markets
  • Emphasis on three segments: Service Centers, Innovative Pumping Solutions, and Supply Chain Services
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Management Discussion & Analysis

  • Revenue $2.02B in 2025, up 12% YoY from $1.80B in 2024; Service Centers best segment $1.37B, Supply Chain Services worst $253M
  • Operating margin 8.8% in 2025 vs 8.1% in 2024; Net income margin 4.4% vs 3.9%; Adjusted EBITDA margin 11.2% vs 10.6%
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Risk Factors

  • Regulatory risk from increased effective tax rate at 25.6% in 2025 vs 17.0% in 2024 due to R&D credit adjustments and nondeductible expenses
  • Macroeconomic threat from inflation, rising interest rates, and tariffs impacting operating costs and supply chain disruptions in 2025
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DXP ENTERPRISES INC FY2025 Key Financial Metrics
XBRL

Revenue

$2.0B

+11.9% YoY

Net Income

$89M

+25.8% YoY

Gross Margin

31.5%

+67bp YoY

Operating Margin

8.8%

+70bp YoY

Net Margin

4.4%

+49bp YoY

ROE

17.8%

+112bp YoY

Total Assets

$1.7B

+24.9% YoY

EPS (Diluted)

$5.37

+27.3% YoY

Operating Cash Flow

$94M

-7.8% YoY

Source: XBRL data from DXP ENTERPRISES INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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