Earnings ·
DXP reports Q3 sales of $587.2M, up 14.3%, and diluted EPS of $1.64
DXPEDxp Enterprises Inc
DXP Enterprises reported third-quarter results ending September 30, 2026, with sales increasing 14.3% year-over-year to $587.2 million from $513.7 million. Net income rose 24.2% to $26.9 million, and diluted earnings per share reached $1.64 compared to $1.31 in the prior year period. Adjusted EBITDA grew 19.0% to $67.3 million with an 11.5% margin. The company completed five acquisitions during the quarter, contributing $48.8 million in sales, while organic sales totaled $538.3 million. Total debt outstanding was $839.5 million, resulting in a net debt to EBITDA ratio of 2.30:1. DXP Enterprises is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout North America.