DXP ENTERPRISES INC
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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FY2024 · Filed Mar 10, 2025
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, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Sales | $1,802,040 | $1,678,600 | $1,480,832 |
| Cost of sales | 1,245,763 | 1,173,309 | 1,058,794 |
| Gross profit | 556,277 | 505,291 | 422,038 |
| Selling, general and administrative expenses | 410,895 | 366,569 | 324,286 |
| Income from operations | 145,382 | 138,722 | 97,752 |
| Interest expense | 63,927 | 53,146 | 29,135 |
| Other (income) expense, net (Note 18) | (3,517) | (1,355) | 2,716 |
| Income before income taxes | 84,972 | 86,931 | 65,901 |
| Provision for income taxes | 14,483 | 18,119 | 17,799 |
| Net income | 70,489 | 68,812 | 48,102 |
| Net loss attributable to noncontrolling interest | — | — | (53) |
| Net income attributable to DXP Enterprises, Inc. | 70,489 | 68,812 | 48,155 |
| Preferred stock dividend | 90 | 90 | 90 |
| Net income attributable to common shareholders | $70,399 | $68,722 | $48,065 |
| Net income | $70,489 | $68,812 | $48,102 |
| Foreign currency translation adjustments | (2,370) | 435 | (2,393) |
| Comprehensive income | $68,119 | $69,247 | $45,709 |
| Earnings per share (Note 12): | |||
| Basic | $4.44 | $4.07 | $2.58 |
| Diluted | $4.22 | $3.89 | $2.47 |
| Weighted average common shares outstanding: | |||
| Basic | 15,861 | 16,870 | 18,631 |
| Diluted | 16,701 | 17,710 | 19,471 |
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