Welcome to our dedicated page for Dxp Enterprises news (Ticker: DXPE), a resource for investors and traders seeking the latest updates and insights on Dxp Enterprises stock.
DXP Enterprises Inc. (DXPE) delivers essential industrial distribution solutions through its service centers, pumping systems expertise, and supply chain services. This news hub provides investors and industry professionals with centralized access to corporate developments shaping the industrial sector.
Track official press releases, financial updates, and strategic announcements from this leading distributor of MROP products. Our curated collection includes earnings disclosures, acquisition updates, leadership changes, and operational milestones across DXPE's core markets in energy, manufacturing, and infrastructure.
Key focus areas include innovations in pumping technology, supply chain optimization initiatives, and service center expansions. Users gain timely insights into corporate partnerships, safety program enhancements, and industry-specific solution developments.
Bookmark this page for streamlined monitoring of DXPE's progress in industrial distribution. Combine strategic awareness with operational intelligence through verified updates from the company and trusted financial sources.
DXP Enterprises (NASDAQ: DXPE) reported strong Q2 2025 financial results, with sales increasing 11.9% year-over-year to $498.7 million. The company achieved net income of $23.6 million, up 41.3% from Q2 2024, and diluted EPS of $1.43. Adjusted EBITDA reached $57.3 million with an 11.5% margin.
The company's Service Centers segment led revenue with $339.7 million, while Innovative Pumping Solutions contributed $93.5 million, and Supply Chain Services added $65.4 million. DXP completed two acquisitions during Q2 and one after quarter-end, with plans to close 3-4 more acquisitions in H2 2025. The company maintains a strong balance sheet with a net debt to EBITDA ratio of 2.4:1.0.
DXP Enterprises (NASDAQ: DXPE), a leading B2B products and service distributor, has scheduled its Q2 2025 earnings release for August 6th, 2025 after market close. The company will host a conference call with accompanying slides on August 7th at 10:30 AM Central Time.
The earnings call will be webcast live through DXP's website, with presentation materials to be posted in the Investor Relations section. Web participants should register 15 minutes before the call to ensure proper audio software installation. A replay of the webcast will be available after the presentation.
DXP Enterprises (NASDAQ: DXPE) has successfully amended its asset-based revolving credit facility (ABL), increasing the total commitments from $135 million to $185 million. The expanded facility includes up to $175 million for US Borrowers and $10 million for Canadian Borrowers.
The company has demonstrated significant growth, with sales increasing from $1.0 billion in 2020 to $1.9 billion for the LTM ending March 31, 2025. Additionally, covenant compliance adjusted EBITDA grew from $64.9 million in 2020 to $212.8 million through March 31, 2025.
This amendment aims to provide DXP with enhanced operational and financial flexibility to support its organic and acquisition growth strategy while maintaining strong liquidity position.
DXP Enterprises (NASDAQ: DXPE) has completed the acquisition of Moores Pump & Services, a Louisiana-based provider of rotating equipment and pumping systems services. Moores, founded in 1972, generated $10.3 million in sales and $1.8 million in adjusted EBITDA for the last twelve months ending May 30, 2025.
This marks DXP's third acquisition in fiscal 2025, with the combined acquisitions producing over $37.9 million in revenue in 2024. The transaction, funded with cash from the balance sheet, strengthens DXP's position as North America's largest rotating equipment distributor and expands its Gulf Coast presence.
DXP Enterprises (NASDAQ: DXPE), a leading B2B products and service distributor, has scheduled its first quarter 2025 earnings release for Wednesday, May 7th, after market close. The company will host a conference call and webcast on Thursday, May 8th at 10:30 AM Central Time to discuss the financial results for the quarter ended March 31, 2025.
The earnings call will be accompanied by a slide presentation and will be accessible through the Investor Relations section of DXP's website. Web participants are advised to register 15 minutes before the call starts. A replay of the webcast and related materials will be available on the company's website after the call.
DXP Enterprises (NASDAQ: DXPE) reported strong financial results for fiscal 2024, with sales reaching $1.8 billion, up 7.4% from 2023. The company achieved net income of $70.5 million and GAAP diluted EPS of $4.22.
Key highlights include:
- Q4 2024 sales of $470.9 million, with diluted EPS of $1.29
- Adjusted EBITDA of $191.3 million for fiscal 2024
- Refinanced Senior Secured Term Loan B raising $649.5 million
- Completed seven acquisitions during the fiscal year
- Repurchased 0.6 million shares for $28.8 million
Business segment performance showed Innovative Pumping Solutions revenue up 47.7% to $323.0 million, Service Centers revenue up 1.9% to $1.2 billion, while Supply Chain Services revenue declined 1.5% to $256.4 million.
DXP Enterprises (NASDAQ: DXPE), a B2B products and service distributor specializing in MRO and OEM solutions, has scheduled its Q4 and fiscal year 2024 earnings release for Thursday, March 6th, after market close.
The company will host a conference call and webcast on Friday, March 7th at 10:30 AM Central Time. The presentation will be accessible through the 'Investor Relations' section of DXP's website, along with accompanying slides and earnings materials. These materials will remain available after the call.
Web participants are advised to register and install necessary audio software at least 15 minutes before the call begins.
DXP Enterprises (NASDAQ: DXPE) has completed the acquisition of Arroyo Process Equipment, a leading distributor of pumps, process equipment, and related services based in Bartow, Florida. Founded in 1968, Arroyo operates from three locations serving Florida and surrounding markets, focusing on asphalt, mining, industrial water, and chemical sectors.
The acquisition, signed on January 31, 2025, was funded with cash from DXP's balance sheet. Arroyo reported sales of $26.3 million and adjusted EBITDA of $1.3 million for the twelve months ending December 31, 2024. This strategic move strengthens DXP's rotating equipment platform and establishes a significant presence in Florida, where the company previously had operations.
The acquisition aligns with DXP's vision to become North America's leading rotating equipment company while diversifying its end markets and enhancing its technical products and services portfolio.
DXP Enterprises (NASDAQ: DXPE) has completed the acquisitions of Burt Gurney & Associates (BGA) and MaxVac Inc. BGA, headquartered in Omaha, Nebraska, is a leading manufacturers representative in municipal water and wastewater treatment. MaxVac, based in California, specializes in vacuum pump sales, repair, and maintenance for electronics, semiconductor, food & beverage, and biomedical markets. The acquisitions, funded with cash, generated combined sales and adjusted EBITDA of $11.7 million and $1.6 million respectively for the last twelve months ending September 30, 2024. These strategic moves enhance DXP's geographic reach and end market diversification.