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