OverviewSuggest Edit

DXP Enterprises is a distributor of rotating equipment, bearings, power transmission, industrial supplies, integrated supply, and MRO. The company operates through three segments: Innovative Pumping Solutions (IPS), Supply Chain Services and MROP Products and Services. The Innovative Pumping Solutions segment provides source for engineering, systems design and fabrication, while the Supply Chain Services segment manages all or part of a customer's supply chain, including procurement and inventory management.

TypePublic
Founded1908
HQHouston, TX, US
Websitedxpe.com
Employee Ratings3.3
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)2,747
Job Openings203
Revenue (FY, 2020)$1 B(-20%)
Share Price (Sept 2021)$28.4
Cybersecurity ratingBMore

Key People/Management at DXP Enterprises

Chris Gregory

Chris Gregory

Senior Vice President - Information Technology
David Little

David Little

President, CEO, Chairman
John Jeffery

John Jeffery

Senior Vice President - Supply Chain Services & Marketing
David Vinson

David Vinson

Senior Vice President – Innovative Pumping Solutions, Operations
Todd Hamlin

Todd Hamlin

Senior Vice President Sales, Service Centers and Innovation Pumping Solutions
Kent Yee

Kent Yee

SVP, CFO
Show more

DXP Enterprises Office Locations

DXP Enterprises has offices in Houston, Allentown, Anchorage, Corning and in 18 other locations
Houston, TX, US (HQ)
5301 Hollister St
Allentown, PA, US
1810 E Race St
Anchorage, AK, US
8400 Sandlewood Pl
Corning, NY, US
11849 E Corning Rd #103
Falconer, NY, US
35 Anderson Ave #2
Hopkinton, MA, US
103 South St
Show all (23)

DXP Enterprises Financials and Metrics

DXP Enterprises Revenue

Embed Graph
View revenue for all periods
DXP Enterprises's revenue was reported to be $1.01 b in FY, 2020
USD

Revenue (Q1, 2021)

245.6m

Gross profit (Q1, 2021)

71.6m

Gross profit margin (Q1, 2021), %

29.2%

Net income (Q1, 2021)

128.0k

EBIT (Q1, 2021)

6.2m

Market capitalization (9-Sept-2021)

545.7m

Closing stock price (9-Sept-2021)

28.4

Cash (31-Mar-2021)

127.4m

EV

797.2m
DXP Enterprises's current market capitalization is $545.7 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.0b1.2b1.3b1.0b

Revenue growth, %

5%21%4%

Cost of goods sold

735.2m884.0m920.0m726.0m

Gross profit

271.6m332.2m347.2m279.0m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

22.0m40.3m54.2m117.4m

Accounts Receivable

167.3m191.8m187.1m163.4m

Prepaid Expenses

5.3m4.9m4.2m4.5m

Inventories

91.4m114.8m129.4m97.1m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

16.5m35.5m36.0m(28.7m)

Depreciation and Amortization

27.8m26.2m25.2m12.3m

Inventories

(7.5m)(20.8m)(14.4m)22.2m

Accounts Payable

3.2m7.1m(15.4m)(14.9m)
USDQ1, 2017

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x
Show all financial metrics

DXP Enterprises Operating Metrics

DXP Enterprises's Backlog was reported to be $101.1m in FY, 2019.
FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$68.8 m$104.1 m$124.2 m$101.1 m

Distribution Centers

5444

Manufacturing Facilities

11111110

SKUs Offered

60 k60 k60 k60 k
Show all operating metrics

DXP Enterprises Acquisitions / Subsidiaries

Company NameDateDeal Size
Turbo Machinery Repair, IncFebruary 06, 2020
Application Specialties IncJanuary 03, 2018
Cortech EngineeringSeptember 08, 2015$14.9 m
Tool SupplyApril 08, 2015$5 m
Machinery Tooling & Supply LLCMay 20, 2014$14.7 m
B27, LLCDecember 09, 2013$285 m
Tool-Tech Industrial Machine & SupplyJuly 31, 2013
Alaska Pump & Supply IncJuly 01, 2013
Tucker Tool Co.May 20, 2013
Jerzy SupplyOctober 01, 2012$5.3 m
Show more

DXP Enterprises Revenue Breakdown

Embed Graph

DXP Enterprises revenue breakdown by business segment: 15.9% from Supply Chain Services, 24.0% from Innovative Pumping Solutions and 60.2% from Service Centers

DXP Enterprises revenue breakdown by geographic segment: 91.9% from United States and 8.1% from Canada

DXP Enterprises Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

DXP Enterprises Online and Social Media Presence

Embed Graph

DXP Enterprises Company Culture

  • Overall Culture

    D

    58/100

  • CEO Rating

    C-

    63/100

  • Compensation

    C+

    66/100

Learn more on Comparably

DXP Enterprises News and Updates

Houston Industrial Distributor DXP Enterprises Acquires 3 Like Pump Suppliers

DXP Enterprises, a Houston-based distributor of pumping solutions, supply chain services, and maintenance, repair, and operation and production (MROP) products — began 2021 by announcing a trio of acquisitions on January 4.

DXP Enterprises, Inc. Announces Strategic Acquisitions

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisitions of Total Equipment Company (“TEC”), APO Pumps & Compressors including Corporate Equipment Company (together “APO/CEC”) and Pumping Solutions, Inc. (“PSI”).

DXP Acquires Trio of Pumping Distributors, Secures $300M Loan

DXP Enterprises announced Monday that it has completed the acquisitions of Total Equipment Company (TEC), APO Pumps & Compressors including Corporate Equipment Company (together APO/CEC) and Pumping Solutions, Inc. (PSI).

DXP Enterprises Inc. (DXPE) Plunges 5.09% on October 13

DXP Enterprises Inc. (DXPE) had a rough trading day for Tuesday October 13 as shares tumbled 5.09%, or a loss of $-0.93 per share, to close at $17.34. After opening the day at $18.03, shares of DXP Enterprises Inc. traded as high as $18.28 and as low as $17.20. Volume was 52,543 shares over 799 trad…

Distribution management firm DXP hit by Windows REvil ransomware

Publicly traded professional distribution management firm DXP Enterprises appears to have taken a hit from cyber criminals who used the Windows REvil ransomware to gain entry to the company's website.

DXP Enterprises Inc. (DXPE) Soars 2.54% on August 24

DXP Enterprises Inc. (DXPE) had a good day on the market for Monday August 24 as shares jumped 2.54% to close at $19.35. About 61,277 shares traded hands on 1,343 trades for the day, compared with an average daily volume of n/a shares out of a total float of 17.78 million. After opening the trading …
Show more

DXP Enterprises Blogs

How to Get Clean Energy – Is Renewable Energy Always Clean?

It’s easy to get confused talking about clean, renewable, and green energy. The terms are often used interchangeably, but they don’t always have the same meaning. While there is a... Read more » The post How to Get Clean Energy – Is Renewable Energy Always Clean? appeared first on DXP Enterprises.

What Does It Mean When a Product Is Remanufactured?

When a product becomes worn down or stops working, some industrial users opt to scrap it and buy a new one. But with the right parts, tools, and a little... Read more » The post What Does It Mean When a Product Is Remanufactured? appeared first on DXP Enterprises.

Different Types of Centrifugal Pumps and Their Applications

Centrifugal pumps are currently in use across a vast array of domestic and industrial processes. From supplying the water used in residential buildings to industrial applications like food, beverage, and... Read more » The post Different Types of Centrifugal Pumps and Their Applications appeared fi…

What Are Industrial Vending Machines, and How Do They Work?

Significant setbacks to achieving optimal industrial efficiency and productivity are items that have stocked out, lost equipment and machinery downtime. These generally result from a failure to rapidly track and... Read more » The post What Are Industrial Vending Machines, and How Do They Work? app…

DXP Enterprises Frequently Asked Questions

  • When was DXP Enterprises founded?

    DXP Enterprises was founded in 1908.

  • Who are DXP Enterprises key executives?

    DXP Enterprises's key executives are Chris Gregory, David Little and John Jeffery.

  • How many employees does DXP Enterprises have?

    DXP Enterprises has 2,747 employees.

  • What is DXP Enterprises revenue?

    Latest DXP Enterprises annual revenue is $1 b.

  • What is DXP Enterprises revenue per employee?

    Latest DXP Enterprises revenue per employee is $365.9 k.

  • Who are DXP Enterprises competitors?

    Competitors of DXP Enterprises include Motion Industries, Kaman and Fastenal.

  • Where is DXP Enterprises headquarters?

    DXP Enterprises headquarters is located at 5301 Hollister St, Houston.

  • Where are DXP Enterprises offices?

    DXP Enterprises has offices in Houston, Allentown, Anchorage, Corning and in 18 other locations.

  • How many offices does DXP Enterprises have?

    DXP Enterprises has 23 offices.