OverviewSuggest Edit

DXP Enterprises is a distributor of rotating equipment, bearings, power transmission, industrial supplies, integrated supply, MRO. The company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers. The Supply Chain Services segment manages all or part of a customer's supply chain, including procurement and inventory management. The Innovative Pumping Solutions segment provides source for engineering, systems design and fabrication.
TypePublic
Founded1908
Websitedxpe.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2018)2,740(+10%)
Job Openings135
Revenue (FY, 2018)$1.2 B(+21%)
Share Price (Dec 2019)$40 (+3%)

Key People/Management at DXP Enterprises

Chris Gregory

Chris Gregory

Senior Vice President - Information Technology
David Little

David Little

President, CEO
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
John Jeffery

John Jeffery

Senior Vice President - Supply Chain Services & Marketing
Kent Yee

Kent Yee

SVP, CFO
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DXP Enterprises Office Locations

DXP Enterprises has offices in Allentown, Anchorage, Corning, Elizabeth and in 14 other locations
Brampton, CA
109 Wilkinson Rd
Dartmouth, CA
95 Ilsley Ave
Dorval, CA
2650 Avenue André
Fort McMurray, CA
391 MacKenzie Blvd
Mount Pearl, CA
21 Dundee Ave
Saint John, CA
7 28 Mcilveen Dr
Show all (19)

DXP Enterprises Financials and Metrics

DXP Enterprises Revenue

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DXP Enterprises's revenue was reported to be $1.22 b in FY, 2018 which is a 20.8% increase from the previous period.
USD

Revenue (Q3, 2019)

327.2m

Gross profit (Q3, 2019)

92.7m

Gross profit margin (Q3, 2019), %

28.3%

Net income (Q3, 2019)

13.1m

EBIT (Q3, 2019)

21.7m

Market capitalization (11-Dec-2019)

687.0m

Closing stock price (11-Dec-2019)

40.0

Cash (30-Sept-2019)

28.4m

EV

661.1m
DXP Enterprises's current market capitalization is $687 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

962.1m1.0b1.2b

Revenue growth, %

(23%)5%21%

Cost of goods sold

697.3m735.2m884.0m

Gross profit

264.8m271.6m332.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

238.5m250.7m251.9m285.9m311.2m308.0m311.2m333.3m327.2m

Cost of goods sold

174.0m181.8m185.0m209.5m226.1m224.0m227.0m241.3m234.5m

Gross profit

64.5m68.9m67.0m76.4m85.1m84.1m84.2m92.0m92.7m

Gross profit Margin, %

27%27%27%27%27%27%27%28%28%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

1.6m22.0m40.3m

Accounts Receivable

148.9m167.3m191.8m

Prepaid Expenses

2.1m5.3m4.9m

Inventories

83.7m91.4m114.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

995.0k2.5m19.5m12.6m2.5m16.0m30.6m25.4m28.4m

Accounts Receivable

157.0m160.4m165.2m168.2m185.3m183.5m197.3m210.3m210.1m

Prepaid Expenses

3.8m3.9m4.3m4.6m4.8m5.6m5.6m4.7m6.3m

Inventories

84.3m90.7m87.7m103.2m110.8m116.5m121.8m128.0m131.9m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

7.2m16.5m35.5m

Depreciation and Amortization

30.0m27.8m26.2m

Inventories

5.5m(7.5m)(20.8m)

Accounts Payable

(8.6m)3.2m7.1m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

3.0m7.0m9.9m4.5m16.1m24.4m7.2m20.5m33.9m

Depreciation and Amortization

7.0m13.8m20.6m6.7m13.2m19.7m6.2m12.3m18.7m

Inventories

(595.0k)(6.9m)(3.8m)(9.1m)(16.7m)(22.5m)(6.9m)(13.1m)(17.0m)

Accounts Payable

(3.7m)4.0m(354.0k)(691.0k)815.0k4.3m1.1m911.0k(6.3m)
USDY, 2019

EV/EBIT

30.4 x

EV/CFO

88.3 x

Financial Leverage

2.3 x
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DXP Enterprises Operating Metrics

DXP Enterprises's Backlog was reported to be $124.2m in FY, 2018.
FY, 2016FY, 2017FY, 2018

Backlog

$68.80 m$104.10 m$124.20 m

Distribution Centers

5 4 4

Manufacturing Facilities

11 11 11

SKUs Offered

60 k60 k60 k
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DXP Enterprises Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Cortech EngineeringSeptember 08, 2015$14.90 m
Tool SupplyApril 08, 2015$5 m
Machinery Tooling & Supply LLCMay 20, 2014$14.70 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$5.30 m
Austin and Denholm Industrial Sales AlbertaMay 31, 2012
Application Specialties Inc
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DXP Enterprises Revenue Breakdown

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DXP Enterprises revenue breakdown by business segment: 14.3% from Supply Chain Services, 24.0% from Innovative Pumping Solutions and 61.7% from Service Centers

DXP Enterprises revenue breakdown by geographic segment: 91.3% from United States and 8.7% from Canada

DXP Enterprises Online and Social Media Presence

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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 David Vinson.

  • How many employees does DXP Enterprises have?

    DXP Enterprises has 2,740 employees.

  • What is DXP Enterprises revenue?

    Latest DXP Enterprises annual revenue is $1.2 b.

  • What is DXP Enterprises revenue per employee?

    Latest DXP Enterprises revenue per employee is $443.9 k.

  • Who are DXP Enterprises competitors?

    Competitors of DXP Enterprises include Kaman, Fastenal and Applied Industrial Technologies.

  • Where are DXP Enterprises offices?

    DXP Enterprises has offices in Allentown, Anchorage, Corning, Elizabeth and in 14 other locations.

  • How many offices does DXP Enterprises have?

    DXP Enterprises has 19 offices.