DXP Enterprises Inc (DXPE)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 70,399 68,812 48,155 16,496 -29,074
Revenue US$ in thousands 1,802,040 1,678,600 1,480,830 1,113,920 1,005,270
Net profit margin 3.91% 4.10% 3.25% 1.48% -2.89%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $70,399K ÷ $1,802,040K
= 3.91%

The net profit margin of DXP Enterprises Inc has shown a fluctuating trend over the past five years. Starting at a negative figure of -2.89% in December 31, 2020, the company managed to turn the situation around and achieve a positive net profit margin of 1.48% in December 31, 2021. This trend continued to improve in the following years, with net profit margins of 3.25% in December 31, 2022, 4.10% in December 31, 2023, and 3.91% in December 31, 2024. The increasing trend in net profit margin indicates that the company has been able to effectively control its expenses and improve its profitability over the years. However, the slight decline in the net profit margin in the most recent year could be an area of concern that requires further investigation to ensure sustained profitability in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
DXP Enterprises Inc
DXPE
3.91%
MSC Industrial Direct Company Inc
MSM
6.77%