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DXP ENTERPRISES INC

For the period ended Dec 31, 2024. Filed Mar 10, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 10, 2025

DXPE$156.54+11.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Item 2. Properties

At December 31, 2024, our Service Centers and Innovative Pumping Solutions segments had 193 facilities which comprised of 157 service center facilities, four distribution centers, 21 fabrication facilities and 11 wastewater locations. We own 11 of our facilities while the remainder of our facilities are leased.

At December 31, 2024, the Service Centers segment operated out of 157 service center facilities. Of these facilities, 132 were located in the U.S. in 38 states, 24 were located in nine Canadian provinces and one was located in the U.A.E. The four distribution centers were located in the U.S., specifically in Texas, Montana and Nebraska. At December 31, 2024, the Innovative Pumping Solutions segment operated out of 21 fabrication facilities located in 12 states in the U.S., two provinces in Canada, one in India and one in Saudi Arabia. Additionally, we had 11 wastewater locations in the U.S.

The location of our Service Centers and Innovative Pumping Solutions segment facilities at the end of December 31, 2024 were as follows:

State/City/ProvinceLocationsState/City/ProvinceLocations
Alaska1North Dakota3
Alabama6Ohio5
Arkansas1Oklahoma3
Arizona3Oregon1
California11Pennsylvania4
Colorado5South Dakota1
Florida3Tennessee1
Georgia4Texas48
Iowa4Utah1
Illinois2Washington4
Indiana2West Virginia1
Kansas2Wisconsin2
Kentucky1Wyoming2
Louisiana14Alberta10
Massachusetts1British Columbia1
Maryland2Manitoba2
Michigan2New Brunswick1
Minnesota1Newfoundland1
Missouri1Nova Scotia2
Montana2Ontario5
Nebraska10Quebec1
New Jersey2Saskatchewan3
New Mexico2U.A.E.1
New York3India1
North Carolina3Saudi Arabia1
Total Locations193

At December 31, 2024, the Supply Chain Services segment operated supply chain installations in 86 of our customers’ sites in 31 U.S. states and two Canadian provinces.

At December 31, 2024, our owned facilities ranged from 5,000 square feet to 45,000 square feet in size. We lease facilities for terms generally ranging from one to fifteen years. The leased facilities range from approximately 570 square feet to 105,000 square feet in size. The leases provide for periodic specified rental payments and certain leases are renewable at our option. We believe that our facilities are suitable and adequate for the needs of our existing business. We believe that if the leases for any of our facilities were not renewed, other suitable facilities could be leased with no material adverse effect on our business, financial condition or results of operations. See Note 4 - Leases for additional discussion on our leases.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.