DXP Enterprises (DXPE)

DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada and Dubai. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ('MROP') services that emphasize and utilize DXP's vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for our customers. DXP's business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services.

Company profile

Ticker

DXPE

Exchange

NASDAQ

Website

www.dxpe.com

CEO

David R. Little

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Real Estate and Rental and Leasing > General Rental Centers

Industry (SIC)

Wholesale - Industrial Machinery & Equipment

MSC Industrial Direct • Global Industrial • MRC Global • TX • Tribus Enterprises • Alta Equipment • White Cap Supply ...

Former names

INDEX INC

SEC CIK

0001020710

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

DXP Acquisition, Inc • Pelican State Supply Company • Quadna De Mexico, SA • PMI Investment, LLC • Total Equipment Company • APO Pumps & Compressors LLC • Process Machinery, Inc. • Premier Water, LLC • DXP Holdings, Inc. • Corporate Equipment Company, LLC ...

IRS number

760509661

DXPE stock data

1M 1Y 5Y

News

From Benzinga Pro

DXP Enterprises Q2 EPS $0.74 Beats $0.67 Estimate, Sales $367.81M Beat $338.00M Estimate

8 Aug 22

DXP Enterprises (NASDAQ:DXPE) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.67 by 10.45 percent. This is a 85 percent increase over earnings of $0.40 per share from the

Earnings Outlook For DXP Enterprises

5 Aug 22

DXP Enterprises (NASDAQ:DXPE) is set to give its latest quarterly earnings report on Monday, 2022-08-08. Here's what investors need to know before the announcement. Analysts estimate that DXP Enterprises will report an earnings per share (EPS) of $0.67.

Press releases

From Benzinga Pro

DXP Enterprises Reports Second Quarter 2022 Results

8 Aug 22

$367.8 million in sales, a 15.2 percent sequential and 28.7 percent year-over-year increase Net income of $14.4 million versus $8.1 million compared to Q2 2021 GAAP diluted EPS of $0.74 $32.6 million in earnings

DXP Sets Date for 2022 Second Quarter Earnings Release and Conference Call

3 Aug 22

DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release

DXP Enterprises Announces Amendment and Extension of ABL Revolver

25 Jul 22

Extends maturity of $135 million Asset Based Loan Facility to 2027 Aligns ongoing capital structure actions to support strategy Maintains liquidity and continues to position DXP to take advantage of growth

Calendar

8 Aug 22

16 Aug 22

31 Dec 22

Financial summary

Financial statements Chart DXPE financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	20.67M	20.67M	20.67M	20.67M	20.67M	20.67M
Cash burn (monthly)	5.33M	4.88M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	8.37M	7.67M	n/a	n/a	n/a	n/a
Cash remaining	12.3M	13M	n/a	n/a	n/a	n/a
Runway (months of cash)	2.3	2.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

DXPE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
1 Jul 22	David Patton	DXP Common Stock Award	Grant	Acquire A	No	No	2,399	19,557
1 Jul 22	Halter Timothy P	DXP Common Stock	Grant	Acquire A	No	No	2,399	47,055
1 Jul 22	Karen Hoffman	DXP Common Stock	Grant	Acquire A	No	No	2,399	2,399
1 Jul 22	Mannes Joseph R	DXP Common Stock	Grant	Acquire A	No	No	2,399	10,677
9 Jun 22	Paz Maestas	DXP Common Stock	Grant	Acquire A	No	No	1,344	644,294

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

DXPE institutional ownership history Ownership history

78.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	115	119	-3.4%
Opened positions	10	12	-16.7%
Closed positions	14	9	+55.6%
Increased positions	31	35	-11.4%
Reduced positions	53	49	+8.2%

13F shares	Current	Prev Q	Change
Total value	399.32M	954.97M	-58.2%
Total shares	14.83M	14.49M	+2.3%
Total puts	13K	23.7K	-45.1%
Total calls	0	0
Total put/call ratio	Infinity	Infinity	NaN%

Largest owners	Shares	Value	Change
BLK Blackrock	2.87M	$77.61M	-0.3%
American Century Investment Management	1.57M	$40.36M	0.0%
American Century Companies	1.4M	$37.87M	-3.2%
Nantahala Capital Management	1.19M	$32.22M	-2.8%
Vanguard	1.11M	$29.98M	+0.9%
Dimensional Fund Advisors	844.09K	$22.87M	+0.8%
STT State Street	612.29K	$16.59M	+3.0%
Mirae Asset Global Investments	569.38K	$15.43M	NEW
IVZ Invesco	560.03K	$15.17M	+11.8%
King Luther Capital Management	431.03K	$11.68M	0.0%

Largest transactions	Shares	Bought/sold	Change
Mirae Asset Global Investments	569.38K	+569.38K	NEW
Medina Singh Partners	216.5K	+216.5K	NEW
FMR	1.27K	-77.72K	-98.4%
Assenagon Asset Management	99.26K	-73.48K	-42.5%
DB Deutsche Bank AG - Registered Shares	81K	+70.19K	+648.7%
IVZ Invesco	560.03K	+58.89K	+11.8%
Acadian Asset Management	128.93K	-48.97K	-27.5%
American Century Companies	1.4M	-46.04K	-3.2%
MS Morgan Stanley	83.76K	-44.23K	-34.6%
Bridgeway Capital Management	79K	-40.3K	-33.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

NOW

Management Discussion

DXP is organized into three business segments: Service Centers ("SC"), Supply Chain Services ("SCS") and Innovative Pumping Solutions ("IPS"). The Service Centers are engaged in providing MRO products, equipment and integrated services, including technical expertise and logistics capabilities, to industrial customers with the ability to provide same day delivery. The Service Centers provide a wide range of MRO products and services in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, industrial supply and safety product and service categories. The SCS segment provides a wide range of MRO products and manages all or part of our customer's supply chain function, and inventory management. The IPS segment fabricates and assembles integrated pump system packages custom made to customer specifications, remanufactures pumps and manufactures branded private label pumps.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: ahead, backed, criteria, diversified, drawdown, final, medical, met, minimum, prolonged, temporary

Removed: auditing, discontinued, efficiency, hedging, international, LIBOR, London, Offered, remaining, represent, shipped, support, volume

From filing 10-Q 2022 Q2

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