Earnings ·
DXP Enterprises, Inc. reported financial results for the second quarter ended June 30, 2026
DXPEDxp Enterprises Inc
DXP Enterprises, Inc. reported financial results for the second quarter ended June 30, 2026. Sales increased 15.6 percent year-over-year to $576.5 million, driven by organic growth of $526.6 million and $49.8 million from acquisitions. Net income rose 21.6 percent to $28.7 million, with diluted earnings per share reaching $1.76 compared to $1.43 in the prior year period. Adjusted EBITDA grew 22.8 percent to $70.4 million, reflecting a margin expansion to 12.2 percent from 11.5 percent. Free cash flow improved significantly to $29.8 million from $8.3 million last year. The company completed four acquisitions through the second quarter and reported total debt of $842.5 million with a net debt to EBITDA ratio of 2.30:1. DXP Enterprises, Inc. is a leading products and service distributor that provides innovative pumping solutions, supply chain services, and maintenance, repair, operating, and production services to industrial customers throughout North America.