Dxp Enterprises, Inc. · NASDAQ:DXPE
Dxp Enterprises — Q4 2025 Earnings Presentation
16 slides from Dxp Enterprises's earnings presentation, Feb 26, 2026
Slide 1: Results for Q4 Fiscal 2025
Presented by: David Little NASDAQ: DXPE Chairman, President & CEO Results for Q4 Fiscal 2025 Kent Yee Earnings Announcement: February 26, 2026 Senior Vice President & CFO (Quarter Ending December 31, 2025)
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws that involve risks and uncertainties. Certain statements contained in this report are not purely historical, including statements regarding our expectations, belief
Slide 3: FY2025 Key Takeaways
FY2025 KEY TAKEAWAYS • Sales increased 11.9 percent to $2.0 billion, compared to $1.8 billion for fiscal 2024. ◦ Organic sales grew 12.7 percent year over year. ◦ Acquisition sales contributed $96.0 million. ◦ Sales per business day averaged $8.0 million. • Net income increased 25.8 percent or $18.2
Slide 4: Q4 2025 Income Statement Highlights
Q4 2025 INCOME STATEMENT HIGHLIGHTS (in thousands, except percentages and per share data) QTD QTD QTD 12/31/24 09/30/25 12/31/25 Sales $ 470,914 $ 513,724 $ 527,390 % growth y/y 15.7 % 8.6 % 12.0 % % growth seq (0.4)% 3.0 % 2.7 % Gross Profit $ 148,492 $ 161,259 $ 166,591 % margin 31.5 % 31.4 % 31.6
Slide 5: 2025 Income Statement Highlights
2025 INCOME STATEMENT HIGHLIGHTS (in thousands, except percentages and per share data) FISCAL FISCAL FISCAL 2023 2024 2025 Sales $ 1,678,600 $ 1,802,040 $ 2,016,365 % growth y/y 13.4 % 7.4 % 11.9 % Gross Profit $ 505,291 $ 556,277 $ 635,928 % margin 30.1 % 30.9 % 31.5 % Operating Income $ 138,722 $
Slide 6: Quarterly Financial Highlights
QUARTERLY FINANCIAL HIGHLIGHTS (in millions, except percentages and per share data) SALES AND GROSS MARGIN DILUTED EARNINGS PER SHARE* $527 $514 $499 $473 $471 $477 $1.43 $446 $1.39 $413 $1.29 $1.31 $407 $1.25 31.5% 31.5% 31.6% 31.4% 31.6% 30.9% 30.9% $1.27 30.2% 30.0% $1.00 $0.94 $0.74 Q4 '23 Q1 '2
Slide 7: Annual Financial Highlights
ANNUAL FINANCIAL HIGHLIGHTS (in millions, except percentages and per share data) SALES AND GROSS MARGIN DILUTED EARNINGS PER SHARE $2,016 $1,802 $1,679 $5.37 $1,481 31.5% 30.9% $4.22 30.1% $3.89 $1,114 28.5% $2.47 29.5% $0.83 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 ADJ. EBITDA AND ADJ. EBI
Slide 8: Quarterly Operating Performance by Segment
QUARTERLY OPERATING PERFORMANCE BY SEGMENT (in millions, except percentages)* OPERATING OP OPERATING SALES SALES MIX PROFIT (OP) CONTRIBUTION MARGIN $356.2 68% $49.6 66% 13.9% $110.0 21% $19.8 26% 18.0% $61.2 12% $5.8 8% 9.5% SEGMENT TOTAL $527.4 $75.2 14.3% CORPORATE (expenses & amortization of int
Slide 9: Annual Operating Performance by Segment
ANNUAL OPERATING PERFORMANCE BY SEGMENT (in millions, except percentages)* OPERATING OP OPERATING SALES SALES MIX PROFIT (OP) CONTRIBUTION MARGIN $1,373.1 68% $198.2 68% 14.4% $390.3 19% $70.2 24% 18.0% $252.9 13% $21.9 8% 8.7% SEGMENT TOTAL $2,016.4 $290.3 14.4% CORPORATE (expenses & amortization o
Slide 10: Quarterly Cash Flow and Working Capital
QUARTERLY CASH FLOW AND WORKING CAPITAL (in thousands, except percentages) QTD QTD QTD NET WORKING CAPITAL (in millions)(1) 12/31/2024 9/30/2025 12/31/2025 18.6% Net Income $ 21,363 $ 21,631 $ 22,845 17.4% 18.2% 17.9% 17.0% 16.7% 16.4% 16.1% 16.1% Depreciation and Amortization 9,020 9,920 10,306 $36
Slide 11: Annual Cash Flow and Working Capital
ANNUAL CASH FLOW AND WORKING CAPITAL (in thousands, except percentages) FISCAL FISCAL FISCAL NET WORKING CAPITAL (in millions)(1) 2023 2024 2025 17.9% Net Income $ 68,812 $ 70,489 $ 88,677 16.4% 16.1% Depreciation and Amortization 30,105 33,405 38,850 $362 Change in Net Working Capital 6,065 826 (58
Slide 12: Disciplined Capital Allocation Priorities
DISCIPLINED CAPITAL ALLOCATION PRIORITIES 2020 - 2025 Capital Allocation* Balanced Capital Deployment 5% 31% 46% 67% 13% 14% • Track record of 18% sustainable and • Disciplined M&A 12% proactive debt strategy focused on end management through market diversification, 3% the cycle portfolio enhancemen
Slide 13: Appendix
APPENDIX
Slide 14: Reconciliation of Operating Income
RECONCILIATION OF OPERATING INCOME (in thousands) Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024 2025 2024 Operating Income for Reportable Segments $ 75,203 $ 65,303 $ 290,308 $ 252,327 Adjustments for: Amortization of intangibles 5,617 5,494 21,670 19,827 Corporate expen
Slide 15: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES (in thousands, except days) Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024(1) 2025 2024(1) Service Centers $ 356,155 $ 314,673 $ 1,373,140 $ 1,236,775 Innovative Pumping Solutions 110,018 93,752 390,291 308,850 Supply Chain Services 61,
Slide 16: Definitions
DEFINITIONS Organic Sales and Acquisition Sales We define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded