DXP Enterprises, Inc. (DXPE) Stock

DXP Enterprises, Inc. (DXPE) is a Consumer Discretionary stock trading at $190.52 (as of 2026-08-21), with a market capitalization of $2.96B and a trailing P/E of 32.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

DXP Enterprises, Inc. distributes maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers primarily in the United States and Canada. It operates through Service Centers, Supply Chain Services, and Innovative Pumping Solutions segments.

Understand DXP Enterprises, Inc.: how it makes money

DXP Enterprises distributes maintenance, repair, and operating (MRO) products, equipment, and services to energy and industrial customers, primarily through three segments (Service Centers, Supply Chain Services, and Innovative Pumping Solutions).

Profit generation depends largely on Service Centers revenue volume and how efficiently DXP converts sales into operating income, with Service Centers driving about 68% of revenue and operating leverage of 1.6 in the latest quarter.

Revenue by segment (latest quarter)
SC	$0.3B
SCS	$0.1B
IPS	$0.1B

Business quality (Mixed): The business model is segment-driven with transparent revenue splits (SC, SCS, IPS), and the key operating signals provided are organic sales and operating leverage. The main limitation for investors is that, beyond segment revenue, the provided operating metrics are limited.

Valuation: At 33× earnings, DXPE trades 36% above the Wholesale average (24×). Note: one-time items can distort reported P/E.

Bull case

Service Centers are the core revenue engine: Service Centers are the largest segment by revenue share (68.3%), so steady execution there is likely to have the biggest impact on consolidated results.
Operating leverage is measurable: DXP reports an operating leverage metric (1.6 in the latest quarter), giving investors a direct read on how changes in activity can translate into operating performance.

Bear case

Customer demand is tied to energy and industrial activity: Because DXP serves energy and industrial customers, weaker industry conditions could pressure sales and utilization across its MRO distribution and service activities.
Results can be sensitive to organic sales timing: The provided operating indicators include organic sales and sales per business day, so changes in business activity levels or timing could affect revenue and operating leverage.

Valuation — source: SEC EDGAR (first-party)
Price	$190.52
Market Cap	$2.96B
P/E Ratio	32.7
EV / EBITDA	17.5
Price / Book	5.47
Price / Sales	1.39
FCF Yield	4.3%
DCF Value (model)	$71.52
DCF Upside vs Price	-62.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.02B
Net Margin	4.4%
Revenue Growth (YoY)	11.9%
EPS Growth (YoY)	27.3%
FCF Growth (YoY)	-30.0%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.89 (safe)
Piotroski F-Score	7/9 (strong)

Valuation vs Sector & Industry
Stock P/E	32.7
Sector P/E (Consumer Discretionary)	20.7
Industry P/E (Wholesale)	24.0
vs Sector	58.2%
vs Industry	36.6%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	FMR LLC ($325.19M)
Institutional Holders Tracked	10

Company
Sector	Consumer Discretionary
Industry	Wholesale
CEO	David R. Little
Employees	3,028
Country	US
IPO Date	1998-05-07

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.