Company Description
DXP Enterprises, Inc. (NASDAQ: DXPE) is a business-to-business products and service distributor that focuses on adding value and total cost savings solutions for industrial, MRO (maintenance, repair and operating) and OEM customers. According to company disclosures, DXP serves industrial customers throughout the United States, Canada, Mexico and Dubai, and in some releases refers to its reach across North America and Dubai. The company trades on the NASDAQ Global Select Market under the symbol DXPE.
DXP describes itself as a products and service distributor that emphasizes technical expertise and product knowledge. It provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services. These offerings draw on DXP’s capabilities in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. The company highlights that the breadth of its MROP products and service solutions allows it to be flexible and customer-driven.
Business Segments
DXP reports three primary business segments in its public materials:
- Service Centers – This segment generates the largest portion of the company’s revenue, based on segment data disclosed in quarterly results. Service Centers provide products and related services to industrial customers, and DXP reports segment revenue and operating income for this business in its financial statements.
- Innovative Pumping Solutions – This segment focuses on pumping solutions and related systems. DXP’s news releases and segment data show that Innovative Pumping Solutions contributes a meaningful share of sales and operating income, and it is a core platform for acquisitions in water and wastewater, fire protection, data centers and other fluid-handling markets.
- Supply Chain Services – This segment provides supply chain-related services to industrial customers. DXP reports separate revenue and operating income for Supply Chain Services and includes it as one of its three reportable segments.
DXP’s segment reporting in its financial statements underscores how these three areas drive the company’s operations and financial performance. Segment data in quarterly results show each segment’s sales and operating income, reflecting the company’s focus on service centers, engineered pumping solutions and supply chain offerings.
Industrial Focus and End Markets
In its public descriptions, DXP states that it serves industrial customers in a wide range of end markets. The company notes that it provides products and services for rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. Earlier descriptions also indicate that DXP serves general industrial, oil and gas, food and beverage, water and wastewater, chemical, transportation, aerospace and other sectors.
Recent company communications emphasize a growing focus on water and wastewater markets and related infrastructure. Through acquisitions such as Pump Solutions, APSCO, Triangle Pump & Equipment, PREMIERflow and Mid Atlantic Storage Systems, DXP has expanded its presence in water and wastewater, fire protection, leachate, data center and related fluid-handling and storage applications. These acquisitions are integrated primarily into DXP’s Innovative Pumping Solutions business and its DXP Water platform.
Products, Services and Technical Capabilities
DXP highlights its technical expertise as a key part of its value proposition. The company states that it:
- Provides pumping solutions and integrated pump systems for various applications.
- Delivers supply chain services tailored to industrial and MRO customers.
- Offers maintenance, repair, operating and production (MROP) services for industrial operations.
- Utilizes in-depth product knowledge in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services.
DXP also describes itself as a manufacturer’s representative and distributor in certain acquired businesses, particularly in the water and wastewater sector, where it distributes pumps, controls, process equipment and liquid storage tank products and provides related services and aftermarket support.
Geographic Reach
Company materials state that DXP serves industrial customers throughout the United States, Canada, Mexico and Dubai, and in some earnings releases it refers to operations across North America and Dubai. Acquisitions have expanded DXP’s geographic footprint within the United States, including enhanced presence in Texas and the Pacific Northwest and broader western U.S. region through businesses such as Pump Solutions, APSCO and Triangle Pump & Equipment.
Growth and Acquisition Strategy
DXP’s public statements emphasize an ongoing growth strategy that combines organic growth with acquisitions. The company frequently notes that it is pursuing acquisitions in markets and business models where it can enhance its existing platforms, particularly in water and wastewater, fire protection, data centers and related infrastructure markets. Recent news releases describe multiple completed acquisitions and reference the company’s efforts to diversify products, services and end market exposure.
Management commentary in earnings releases and financing announcements indicates that DXP uses its balance sheet, term loan facilities and asset-based revolving credit facility to support this acquisition strategy and reinvestment in the business. The company has discussed refinancing existing debt, increasing its ABL revolver commitments and maintaining liquidity and flexibility to fund acquisitions and internal investments.
Financial Reporting and SEC Filings
DXP files periodic reports and current reports with the U.S. Securities and Exchange Commission. The company’s Form 8-K filings dated August 7, 2025 and November 6, 2025 report the release of financial results for the second and third quarters of 2025, respectively, and confirm that DXP’s common stock is registered on the NASDAQ Global Select Market under the symbol DXPE. These filings furnish earnings press releases that include segment sales, operating income, net income, cash flow and other financial metrics.
DXP Water and Sector Emphasis
In several acquisition announcements, DXP refers to building and scaling its DXP Water platform. This platform is described as a products and service focused platform serving municipal and industrial water and wastewater treatment markets, as well as related applications such as fire suppression, leachate management and data centers. Acquired companies such as Pump Solutions, APSCO, Triangle Pump & Equipment, PREMIERflow and Mid Atlantic Storage Systems are described as complementing DXP’s focus on water and wastewater and enhancing its capabilities and geographic reach.
Stock and Corporate Information
DXP Enterprises, Inc. is incorporated in Texas, as disclosed in its SEC filings, and its common stock has a par value of $0.01 per share. The company’s shares are listed on the NASDAQ Global Select Market under the ticker DXPE. SEC filings list its jurisdiction of incorporation and confirm its registration under Section 12(b) of the Exchange Act.
How DXP Positions Its Value to Customers
Across its public communications, DXP emphasizes that it adds value and total cost savings solutions for industrial customers by combining product distribution with technical expertise and service capabilities. The company states that its breadth of MROP products and service solutions allows it to be flexible and customer-driven, and that it focuses on solving customers’ problems and offering cost-effective solutions through its various platforms, including Service Centers, Innovative Pumping Solutions, Supply Chain Services and DXP Water.