DXP ENTERPRISES INC
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
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FY2023 · Filed Mar 11, 2024
DXPE$155.40-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
(in thousands, except per share amounts)
| Twelve Months Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Sales | $1,678,600 | $1,480,832 | $1,113,921 |
| Cost of sales | 1,173,309 | 1,058,794 | 785,415 |
| Gross profit | 505,291 | 422,038 | 328,506 |
| Selling, general and administrative expenses | 366,569 | 324,286 | 288,649 |
| Income from operations | 138,722 | 97,752 | 39,857 |
| Other (income) expense, net | (1,355) | 2,716 | (414) |
| Interest expense | 53,146 | 29,135 | 21,089 |
| Income before income taxes | 86,931 | 65,901 | 19,182 |
| Provision for income tax expense | 18,119 | 17,799 | 3,431 |
| Net income | 68,812 | 48,102 | 15,751 |
| Net loss attributable to noncontrolling interest | — | (53) | (745) |
| Net income attributable to DXP Enterprises, Inc. | 68,812 | 48,155 | 16,496 |
| Preferred stock dividend | 90 | 90 | 90 |
| Net income attributable to common shareholders | $68,722 | $48,065 | $16,406 |
| Net income | $68,812 | $48,102 | $15,751 |
| Foreign currency translation adjustments | 435 | (2,393) | 747 |
| Comprehensive income | $69,247 | $45,709 | $16,498 |
| Earnings per share (Note 12): | |||
| Basic | $4.07 | $2.58 | $0.87 |
| Diluted | $3.89 | $2.47 | $0.83 |
| Weighted average common shares outstanding: | |||
| Basic | 16,870 | 18,631 | 18,949 |
| Diluted | 17,710 | 19,471 | 19,789 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.