DXP Enterprises Inc (DXPE)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.10% | 30.28% | 29.91% | 29.17% | 29.07% | 29.40% | 29.69% | 30.15% | 30.05% | 29.54% | 28.96% | 28.35% | 27.91% | 27.73% | 27.91% | 27.85% | 27.72% | 28.04% | 27.78% | 27.74% |
| Operating profit margin | 8.54% | 8.13% | 7.68% | 7.20% | 6.73% | 6.07% | 5.31% | 4.73% | 3.65% | 2.60% | -2.58% | -3.49% | -2.79% | -1.36% | 4.15% | 5.14% | 5.38% | 6.58% | 6.29% | 6.18% |
| Pretax margin | 5.35% | 5.13% | 5.04% | 4.79% | 4.54% | 4.19% | 3.51% | 2.94% | 1.82% | 0.37% | -4.90% | -5.78% | -4.83% | -2.94% | 2.62% | 3.64% | 3.77% | 4.72% | 4.41% | 4.31% |
| Net profit margin | 4.24% | 3.68% | 3.60% | 3.42% | 3.32% | 3.11% | 2.81% | 2.47% | 1.51% | 1.21% | -3.02% | -3.73% | -2.95% | -2.27% | 2.05% | 2.80% | 2.88% | 3.55% | 3.22% | 3.16% |
Based on the profitability ratios of DXP Enterprises Inc, we observe the following trends:
1. Gross Profit Margin: The gross profit margin has been relatively stable around the range of 29% to 31% over the past few quarters, indicating that the company has been able to maintain a consistent level of profitability on its sales revenue after deducting the cost of goods sold.
2. Operating Profit Margin: The operating profit margin has shown an improving trend, increasing from around 4% to over 8% in the most recent quarter. This signals that DXP Enterprises Inc has been effective in controlling its operating expenses and has improved operational efficiency.
3. Pretax Margin: The pretax margin has also demonstrated a positive trend, showing an increase from around 1.8% to over 5% in the latest quarter. This suggests that the company has been more successful in managing its expenses and generating higher profits before accounting for taxes.
4. Net Profit Margin: The net profit margin, which reflects the percentage of revenue that translates into bottom-line profit after all expenses have been deducted, has been fluctuating but generally on a positive trajectory. It has increased from around 1.5% to over 4% in the most recent quarter, indicating an enhancement in the company's overall profitability and effectiveness in managing its costs.
Overall, the profitability ratios of DXP Enterprises Inc show a generally positive trend, with improvements in operating efficiency and profitability over the quarters analyzed. The company appears to be making strides in enhancing its bottom-line performance and managing its costs effectively, as evidenced by the increasing profit margins.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.78% | 12.68% | 11.91% | 10.60% | 9.42% | 8.19% | 6.73% | 6.12% | 4.46% | 2.96% | -2.78% | -3.59% | -3.19% | -1.95% | 6.16% | 8.07% | 8.55% | 10.54% | 9.98% | 9.77% |
| Return on assets (ROA) | 5.84% | 5.74% | 5.58% | 5.04% | 4.64% | 4.21% | 3.57% | 3.19% | 1.84% | 1.37% | -3.25% | -3.83% | -3.37% | -3.26% | 3.04% | 4.40% | 4.57% | 5.68% | 5.12% | 4.99% |
| Return on total capital | 15.54% | 17.01% | 15.75% | 14.03% | 12.28% | 11.31% | 9.44% | 8.19% | 6.20% | 4.17% | -3.68% | -4.82% | -4.04% | -2.71% | 8.37% | 10.92% | 11.33% | 13.82% | 13.23% | 13.37% |
| Return on equity (ROE) | 18.07% | 16.49% | 15.62% | 14.19% | 13.18% | 10.84% | 9.34% | 7.99% | 4.76% | 3.47% | -8.27% | -9.66% | -8.12% | -7.43% | 6.67% | 9.92% | 10.19% | 13.18% | 12.23% | 12.27% |
DXP Enterprises Inc's profitability ratios have shown mixed performance over the past few quarters.
- Operating return on assets (Operating ROA) has been trending upwards, indicating that the company is becoming more efficient in generating operating income from its assets.
- Return on assets (ROA) has also been relatively stable, suggesting that the company is effectively utilizing its assets to generate profits.
- Return on total capital has shown improvement, indicating that the company is generating higher returns on its total capital employed.
- Return on equity (ROE) has demonstrated varying results, with fluctuations in profitability over the periods analyzed.
Overall, DXP Enterprises Inc's profitability ratios demonstrate a positive trend in operating efficiency and return generation, though there are variations in profitability levels across different metrics. It is important for the company to continue monitoring and improving its profitability ratios to sustain long-term growth and value creation for its shareholders.