DXP Enterprises Inc (DXPE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 145,382 | 139,322 | 64,694 | 13,128 | 10,256 |
| Revenue | US$ in thousands | 1,802,040 | 1,678,600 | 1,480,830 | 1,113,920 | 1,005,270 |
| Operating profit margin | 8.07% | 8.30% | 4.37% | 1.18% | 1.02% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $145,382K ÷ $1,802,040K
= 8.07%
The operating profit margin of DXP Enterprises Inc has shown a notable increase over the years, demonstrating a positive trend in the company's operational efficiency. From 1.02% in December 2020, the margin has steadily improved to 1.18% in December 2021, 4.37% in December 2022, and further to 8.30% in December 2023. This substantial rise indicates that DXP Enterprises has been able to effectively control its operating expenses relative to its revenue, resulting in a healthier margin. However, there was a slight dip to 8.07% in December 2024 compared to the previous year. Overall, the upward trajectory in the operating profit margin suggests improved profitability and operational performance for the company.
Peer comparison
Dec 31, 2024