Recent Insider Transactions • May 27
Independent Director recently sold €836k worth of stock On the 21st of May, Timothy Halter sold around 7k shares on-market at roughly €122 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.8m more than they bought in the last 12 months. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Karen Morris was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 21
DXP Enterprises, Inc. to Report Q4, 2025 Results on Feb 25, 2026 DXP Enterprises, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Announcement • Feb 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Ambiente H2o Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) signed a definitive agreement to acquire Ambiente H2o Inc. on February 1, 2026. DXP Enterprises, Inc. funded the acquisition with cash from the balance sheet.
Sales for Ambiente H2o Inc. for the last twelve months ending December 31, 2025, were approximately $8.1 million.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Ambiente H2o Inc. on February 4, 2026. Announcement • Jan 06
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Mid Atlantic Storage Systems Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) entered into a definitive agreement to acquire Mid Atlantic Storage Systems Inc. on January 1, 2026. DXP funded the acquisition with cash from the balance sheet.
Ice Miller LLP acted as legal advisor for Mid Atlantic Storage Systems Inc and the senior management team. Fulbright & Jaworski, LLP acted as legal advisor for DXP Enterprises, Inc. Footprint Capital acted as financial advisor for Mid Atlantic Storage Systems Inc.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Mid Atlantic Storage Systems Inc. on January 5, 2026. In a concurrent transaction DXP Enterprises, Inc. also acquired PREMIERflow, LLC. Announcement • Jan 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Premierflow, LLC. DXP Enterprises, Inc. (NasdaqGS:DXPE) entered into a definitive agreement to acquire Premierflow, LLC on January 1, 2026. DXP funded the acquisition with cash from the balance sheet.
CM Pump Consultants acted as a business advisor and consultant to Premierflow, LLC. Kessler, P.C. served as legal counsel for Premierflow, LLC. Norton Rose Fulbright served as legal counsel for DXP Enterprises, Inc.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Premierflow, LLC on January 5, 2026. In a concurrent transaction DXP Enterprises, Inc also acquired Mid Atlantic Storage Systems Inc. Announcement • Dec 04
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Pump Solutions, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) entered into an definitive agreement to acquire Pump Solutions, Inc. on December 1, 2025. DXP Enterprises, Inc. funded the acquisition with cash from the balance sheet.
For the period ending September 30, 2025, Pump Solutions, Inc. reported total revenue of $36.8 million.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Pump Solutions, Inc. on December 3, 2025. Announcement • Nov 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Triangle Pump & Equipment, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) agreed to acquire Triangle Pump & Equipment, Inc. on November 1, 2025. DXP funded the acquisition with cash from the balance sheet.
For the period ending June 30, 2025, Triangle Pump & Equipment, Inc. reported total revenue of $15.1 million and EBITDA of $2.4 million.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Triangle Pump & Equipment, Inc. on November 3, 2025. Announcement • Nov 03
DXP Enterprises, Inc. to Report Q3, 2025 Results on Nov 06, 2025 DXP Enterprises, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 06, 2025 Announcement • Aug 01
DXP Enterprises, Inc. to Report Q2, 2025 Results on Aug 06, 2025 DXP Enterprises, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Jul 07
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Moores Pump & Services Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) signed a definitive agreement to acquire Moores Pump & Services Inc. on July 1, 2025. DXP funded the acquisition with cash from the balance sheet.
For the period ending May 30, 2025, Moores Pump & Services Inc. reported total revenue of approximately $10.3 million and adjusted EBITDA of approximately $1.8 million. The acquisition is expected to be accretive to earnings of DXP Enterprises.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Moores Pump & Services Inc. on July 7, 2025. Announcement • May 03
DXP Enterprises, Inc. to Report Q1, 2025 Results on May 07, 2025 DXP Enterprises, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • May 01
DXP Enterprises, Inc., Annual General Meeting, Jun 13, 2025 DXP Enterprises, Inc., Annual General Meeting, Jun 13, 2025. Location: the offices of dxp, 5301 hollister st., tx 77040., houston United States Announcement • Mar 05
DXP Enterprises, Inc. to Report Q4, 2024 Results on Mar 06, 2025 DXP Enterprises, Inc. announced that they will report Q4, 2024 results After-Market on Mar 06, 2025 Announcement • Feb 07
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Arroyo Process Equipment Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Arroyo Process Equipment Inc on February 6, 2025. DXP funded the acquisition with cash from the balance sheet. As part of the transaction, Arroyo’s employees would join DXP team. For the year ending December 31, 2024, Sales and adjusted EBITDA for Arroyo were approximately $26.3 million and $1.3 million, respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Arroyo Process Equipment Inc on February 6, 2025. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Significant insider selling over the past 3 months (€207k sold). Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: US$1.34 (vs US$0.98 in 3Q 2023) Third quarter 2024 results: EPS: US$1.34 (up from US$0.98 in 3Q 2023). Revenue: US$472.9m (up 13% from 3Q 2023). Net income: US$21.1m (up 31% from 3Q 2023). Profit margin: 4.5% (up from 3.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Nov 01
DXP Enterprises, Inc. to Report Q3, 2024 Results on Nov 04, 2024 DXP Enterprises, Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Announcement • Sep 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Hartwell Environmental Corporation. DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Hartwell Environmental Corporation on September 4, 2024. A cash consideration will be paid by DXP Enterprises, Inc. For the period ending July 31, 2024, Hartwell Environmental Corporation reported total revenue of $18.4 million and EBITDA of $4.1 million.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Hartwell Environmental Corporation on September 4, 2024. Announcement • Aug 29
DXP Enterprises, Inc. (NasdaqGS:DXPE) announces an Equity Buyback for 2,500,000 shares, representing 14.97% for $85 million. DXP Enterprises, Inc. (NasdaqGS:DXPE) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 14.97% of its outstanding share capital for $85 million. The program will be valid for 24 months. As of June 30, 2024, the company had 16,700,000 issued and outstanding shares. Recent Insider Transactions • Aug 20
Insider recently sold €111k worth of stock On the 16th of August, Paz Maestas sold around 3k shares on-market at roughly €44.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €180k. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$1.05 (vs US$1.11 in 2Q 2023) Second quarter 2024 results: EPS: US$1.05 (down from US$1.11 in 2Q 2023). Revenue: US$445.6m (up 4.1% from 2Q 2023). Net income: US$16.7m (down 12% from 2Q 2023). Profit margin: 3.7% (down from 4.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
DXP Enterprises, Inc. to Report Q2, 2024 Results on Aug 08, 2024 DXP Enterprises, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €47.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total returns to shareholders of 75% over the past three years. Recent Insider Transactions • Jun 19
Insider recently sold €180k worth of stock On the 11th of June, Paz Maestas sold around 4k shares on-market at roughly €44.88 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. New Risk • May 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Significant insider selling over the past 3 months (€740k sold). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.67 (vs US$1.00 in 1Q 2023) First quarter 2024 results: EPS: US$0.67 (down from US$1.00 in 1Q 2023). Revenue: US$412.6m (down 2.7% from 1Q 2023). Net income: US$11.3m (down 36% from 1Q 2023). Profit margin: 2.7% (down from 4.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • May 05
DXP Enterprises, Inc. to Report Q1, 2024 Results on May 08, 2024 DXP Enterprises, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €47.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Trade Distributors industry in Europe. Total returns to shareholders of 90% over the past three years. Recent Insider Transactions • Mar 19
Insider recently sold €451k worth of stock On the 15th of March, Paz Maestas sold around 10k shares on-market at roughly €45.13 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. New Risk • Mar 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€153k sold). Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: US$4.07 (vs US$2.58 in FY 2022) Full year 2023 results: EPS: US$4.07 (up from US$2.58 in FY 2022). Revenue: US$1.68b (up 13% from FY 2022). Net income: US$68.7m (up 43% from FY 2022). Profit margin: 4.1% (up from 3.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 05
DXP Enterprises, Inc. to Report Q4, 2023 Results on Mar 07, 2024 DXP Enterprises, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 07, 2024 Announcement • Feb 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Kappe Associates, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) signed a definitive agreement to acquire Kappe Associates, Inc. on February 1, 2024. DXP funded the acquisition with cash from the balance sheet. Sales and adjusted EBITDA for Kappe for the last twelve months ending December 31, 2023, were approximately $25.4 million and $3.8 million, respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Kappe Associates, Inc. on February 5, 2024. Recent Insider Transactions • Dec 22
Insider recently sold €153k worth of stock On the 21st of December, Paz Maestas sold around 5k shares on-market at roughly €30.69 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: US$0.93 (vs US$0.74 in 3Q 2022) Third quarter 2023 results: EPS: US$0.93 (up from US$0.74 in 3Q 2022). Revenue: US$419.2m (up 8.2% from 3Q 2022). Net income: US$16.2m (up 16% from 3Q 2022). Profit margin: 3.9% (up from 3.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Nov 07
DXP Enterprises, Inc. to Report Q3, 2023 Results on Nov 09, 2023 DXP Enterprises, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 09, 2023 Announcement • Nov 04
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Alliance Pump & Mechanical Service, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) signed a definitive agreement to acquire Alliance Pump & Mechanical Service, Inc. on November 1, 2023. DXP funded the acquisition with cash on the balance sheet. Sales and adjusted EBITDA of Alliance Pump & Mechanical Service were approximately $2 million and $230 thousand, respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Alliance Pump & Mechanical Service, Inc. on November 3, 2023. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$1.05 (vs US$0.77 in 2Q 2022) Second quarter 2023 results: EPS: US$1.05 (up from US$0.77 in 2Q 2022). Revenue: US$428.0m (up 16% from 2Q 2022). Net income: US$19.0m (up 32% from 2Q 2022). Profit margin: 4.4% (up from 3.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
DXP Enterprises, Inc. to Report Q2, 2023 Results on Aug 08, 2023 DXP Enterprises, Inc. announced that they will report Q2, 2023 results on Aug 08, 2023 Announcement • May 25
DXP Enterprises, Inc. Appoints David Molero as Chief Accounting Officer DXP Enterprises, Inc. announced that David Molero has been appointed as DXP’s new Chief Accounting Officer, effective May 22, 2023. Mr. Molero is a certified public accountant and has over 17 years of experience in accounting within a public company environment and most recently as a Chief Accounting Officer of another publicly traded company. David replaces Eugene Padgett, who resigned on October 10, 2022. Mr. Molero will be an integral leader on the accounting and finance team overseeing the Company’s accounting, tax, SOX, and SEC reporting functions. Prior to DXP, Mr. Molero was the Chief Accounting Officer for AgileThought, Inc., a leading provider of digital transformation services including organizational transformations, training and certifications, and product management services. He spent over 16 years at PricewaterhouseCoopers working in the Audit as well as the capital markets and accounting advisory groups. He holds a Bachelor’s degree in business administration and management from Loyola University in Cordoba (Spain) and a Master’s degree in Audit from the University of Alcala in Madrid (Spain) and is a Certified Public Accountant. Reported Earnings • Apr 16
Full year 2022 earnings released Full year 2022 results: Revenue: US$1.48b (up 33% from FY 2021). Net income: US$48.1m (up 193% from FY 2021). Profit margin: 3.2% (up from 1.5% in FY 2021). The increase in margin was driven by higher revenue. Recent Insider Transactions • Dec 29
Chairman of the Board recently sold €527k worth of stock On the 27th of December, David Little sold around 20k shares on-market at roughly €26.33 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Announcement • Dec 16
DXP Enterprises, Inc. (NasdaqGS:DXPE) announces an Equity Buyback for 2,800,000 shares, representing 14.21% for $85 million. DXP Enterprises, Inc. (NasdaqGS:DXPE) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 14.21% of its outstanding share capital for $85 million. The program will be valid for 24 months. As of September 30, 2022, the company had 19,700,000 issued and outstanding shares. Buying Opportunity • Nov 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.2%. The fair value is estimated to be €33.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.7% in a year. Earnings is forecast to grow by 21% in the next year. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: US$0.67 (vs US$0.38 in 3Q 2021) Third quarter 2022 results: EPS: US$0.67 (up from US$0.38 in 3Q 2021). Revenue: US$387.3m (up 34% from 3Q 2021). Net income: US$13.2m (up 86% from 3Q 2021). Profit margin: 3.4% (up from 2.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Announcement • Nov 04
DXP Enterprises, Inc. to Report Q3, 2022 Results on Nov 09, 2022 DXP Enterprises, Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 09, 2022 Announcement • Sep 29
DXP Enterprises, Inc. Announces Management Changes, Effective October 10, 2022 On September 21, 2022, Mr. Gene Padgett, the Chief Accounting Officer of DXP Enterprises, Inc. (the Company), informed the Company of his resignation from his position as Chief Accounting Officer of the Company effective October 10, 2022. Mr. Kent Yee, the Company’s Chief Financial Officer and Senior Vice President Corporate Development will serve as principal accounting officer of the Company effective October 10, 2022 until further notice. Mr. Yee, age 47, currently serves as a member of the Board of Directors of the Company, Chief Financial Officer and Senior Vice President Corporate Development and leads the Company’s acquisitions, finance, accounting, business integration and human resource activities. During March 2011, Mr. Yee joined the Company from Stephens Inc.’s Industrial Distribution and Services team where he served in various positions. Prior to Stephens, Mr. Yee was a member of The Home Depot’s Strategic Business Development Group with a primary focus on acquisition activity for HD Supply. Mr. Yee was also an Associate in the Global Syndicated Finance Group at JPMorgan Chase. He has executed over 45 transactions including more than $1.5 billion in M&A and $3.4 billion in financing transactions primarily for change of control deals and numerous industrial and distribution acquisition and sale assignments. He holds a Bachelors of Arts in Urban Planning from Morehouse College and an MBA from Harvard University Graduate School of Business. Announcement • Sep 03
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Sullivan Environmental Technologies, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) entered into a definitive agreement to acquire Sullivan Environmental Technologies, Inc. on September 1, 2022. Sales and adjusted EBITDA of Sullivan for the last twelve months ending July 31, 2022, were approximately $4.4 million and $1.6 million, respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Sullivan Environmental Technologies, Inc. on September 2, 2022. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: US$0.73 (vs US$0.42 in 2Q 2021) Second quarter 2022 results: EPS: US$0.73 (up from US$0.42 in 2Q 2021). Revenue: US$367.8m (up 29% from 2Q 2021). Net income: US$14.4m (up 78% from 2Q 2021). Profit margin: 3.9% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 13%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Aug 04
DXP Enterprises, Inc. to Report Q2, 2022 Results on Aug 08, 2022 DXP Enterprises, Inc. announced that they will report Q2, 2022 results on Aug 08, 2022 Announcement • May 12
DXP Enterprises, Inc. announced delayed 10-Q filing On 05/10/2022, DXP Enterprises, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • May 05
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Cisco Air Systems, Inc. on May 3, 2022. DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Cisco Air Systems, Inc. on May 3, 2022. DXP funded the acquisition with cash from the balance sheet and DXP Enterprises, Inc. common stock as consideration. Signing of the definitive agreements occurred on May 2, 2022. Sales and adjusted EBITDA for Cisco for the last twelve months ending March 31, 2022 were approximately $43.2 million and $7.0 million, respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Cisco Air Systems, Inc. on May 3, 2022. Announcement • May 04
DXP Enterprises, Inc. to Report Q1, 2022 Results on May 10, 2022 DXP Enterprises, Inc. announced that they will report Q1, 2022 results Pre-Market on May 10, 2022 Announcement • May 03
DXP Enterprises, Inc., Annual General Meeting, Jun 10, 2022 DXP Enterprises, Inc., Annual General Meeting, Jun 10, 2022, at 10:00 Central Standard Time. Location: 5301 Hollister St Houston Texas United States Agenda: To consider to elect six board of director nominees to hold office as directors until the next annual meeting and until their respective successors are duly elected and qualified; to approve, on a non-binding, advisory basis, the compensation of the named executive officers; to ratify the appointment of pricewaterhousecoopers, llp, as the independent registered public accounting firm of the company for the year ended December 31, 2022; and to transact such other business as may properly come before the annual meeting or any adjournment thereof. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improved over the past week After last week's 18% share price gain to €26.60, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Trade Distributors industry in Europe. Total loss to shareholders of 2.4% over the past three years. Recent Insider Transactions • Dec 18
Senior VP recently sold €72k worth of stock On the 15th of December, Kent Yee sold around 3k shares on-market at roughly €23.88 per share. This was the largest sale by an insider in the last 3 months. This was Kent's only on-market trade for the last 12 months. Reported Earnings • Dec 09
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: EPS: US$0.36 (up from US$1.95 loss in 3Q 2020). Revenue: US$289.5m (up 32% from 3Q 2020). Net income: US$7.10m (up US$41.8m from 3Q 2020). Profit margin: 2.5% (up from net loss in 3Q 2020). Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 20%, compared to a 6.5% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Nov 24
DXP Enterprises Receives Notice from Nasdaq Stating Non-Compliance with Nasdaq Listing Rule 5250(C)(1) As previously reported by DXP Enterprises, Inc. (the “Company”) in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on November 12, 2021 and its Current Report on Form 8-K filed with the SEC on November 12, 2021, the Company was unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense. On November 16, 2021, the Company received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-Q with the SEC. The Rule requires listed companies to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company’s securities. However, if the Company fails to timely regain compliance with the Rule, the Company’s securities will be subject to delisting from Nasdaq. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Notice or until January 15, 2022, to submit a plan to regain compliance with the Rule. If Nasdaq accepts the Company’s plan, then Nasdaq may grant an exception of up to 180 calendar days from the due date of the Form 10-Q to regain compliance. However, there can be no assurance that Nasdaq will accept the Company’s plan to regain compliance or that the Company will be able to regain compliance within any extension period granted by Nasdaq. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel. The Company is working diligently to complete its Form 10-Q. The Company intends to file the Form 10-Q with the SEC as soon as possible. Reported Earnings • Nov 09
Second quarter 2021 earnings released: EPS US$0.42 (vs US$0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$285.7m (up 14% from 2Q 2020). Net income: US$8.10m (up 237% from 2Q 2020). Profit margin: 2.8% (up from 1.0% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Sep 24
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Premier Water, LLC. DXP Enterprises, Inc. (NasdaqGS:DXPE) agreed to acquire Premier Water, LLC on September 20, 2021. In 2020, Premier Water reported a total revenues of $3.6 million and EBITDA of $0.85 million. Post deal completion, the 6 employees of Premier Water will join the DXP team.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Premier Water, LLC on September 22, 2021. Announcement • Aug 23
DXP Enterprises Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q DXP Enterprises, Inc. announced that it has received a written notice (the “Notice”) on August 17, 2021, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 (the “Form 10-Q”) in a timely manner. The Notice advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because it has not timely filed the Form 10-Q with the Securities and Exchange Commission (the “SEC”). As previously reported by the Company in its Form 12b-25 filed with the SEC on August 9, 2021, and its Current Report on Form 8-K filed with the SEC on August 16, 2021, the Company was unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense. The Company is working diligently to complete its Form 10-Q. The Company intends to file the Form 10-Q with the SEC on or before September 15, 2021. Announcement • Aug 10
DXP Enterprises, Inc. announced delayed 10-Q filing On 08/09/2021, DXP Enterprises, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Recent Insider Transactions • Jun 25
Chairman of the Board recently bought €726k worth of stock On the 18th of June, David Little bought around 30k shares on-market at roughly €24.18 per share. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Announcement • May 04
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Carter & Verplanck, Inc. DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Carter & Verplanck, Inc. on May 3, 2021. The purchase price will be financed with cash from DXP’s balance sheet and DXP Enterprises, Inc. common stock as consideration. Sales and adjusted EBITDA for Carter & Verplanck for the last twelve months ending December 31, 2020 were approximately $29.5 million and $5.0 million. The acquisition to be accretive to earnings.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Carter & Verplanck, Inc. on May 3, 2021. Announcement • Mar 17
DXP Enterprises, Inc. announced delayed annual 10-K filing On 03/16/2021, DXP Enterprises, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Reported Earnings • Mar 10
Full year 2020 earnings released: US$1.62 loss per share (vs US$2.04 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$1.01b (down 21% from FY 2019). Net loss: US$28.8m (down 180% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 1.7%, compared to a 4.8% growth forecast for the Trade Distributors industry in Germany. Is New 90 Day High Low • Mar 08
New 90-day high: €28.60 The company is up 51% from its price of €18.90 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 5.0% over the same period. Announcement • Mar 03
DXP Enterprises, Inc. to Report Q4, 2020 Results on Mar 09, 2021 DXP Enterprises, Inc. announced that they will report Q4, 2020 results Pre-Market on Mar 09, 2021 Announcement • Nov 11
DXP Enterprises, Inc. announced delayed 10-Q filing On 11/10/2020, DXP Enterprises, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Nov 07
Third quarter 2020 earnings released: US$1.95 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$220.2m (down 33% from 3Q 2019). Net loss: US$34.7m (down 365% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue misses expectations Revenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to decline by -11% while the growth in Trade Distributors industry in Germany is expected to stay flat. Announcement • Oct 31
DXP Enterprises, Inc. to Report Q3, 2020 Results on Nov 06, 2020 DXP Enterprises, Inc. announced that they will report Q3, 2020 results at 7:00 AM, Central Standard Time on Nov 06, 2020 Is New 90 Day High Low • Oct 30
New 90-day low: €13.20 The company is down 7.0% from its price of €14.20 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 4.0% over the same period. Announcement • Oct 01
DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Turbo Machinery Repair, Inc. for approximately $3.2 million. DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Turbo Machinery Repair, Inc. for approximately $3.2 million on January 31, 2020. DXP funded the acquisition of Turbo Machinery Repair with cash on hand. Sales and adjusted EBITDA were approximately $4 million and $0.75 million respectively.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Turbo Machinery Repair, Inc. on January 31, 2020. Stephen Crisham, James Hermann, Bo Zhao and Tom Braun of Generational Equity, LLC acted as financial advisors and Randick O'Dea & Tooliatos, LLP acted as legal advisor to Turbo Machinery Repair. Brian Fenske of Norton Rose Fulbright US LLP acted as financial advisor to DXP Enterprises, Inc. 
