NASDAQ$DXPE
DXP Enterprises Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
DXP Enterprises reported strong first quarter results with increased sales and earnings, driven by growth across all business segments and strategic acquisitions.
DXP Enterprises reported a strong first quarter in 2022, with sales increasing by 30.1% year-over-year to $319.4 million. The company's earnings per diluted share reached $0.65, and adjusted EBITDA significantly improved, reflecting the company's focus on customers and improving market conditions. DXP closed acquisitions of Drydon Equipment Inc. and Burlingame Engineers Inc.
- Sales increased 30.1% year-over-year to $319.4 million.
- Earnings per diluted share reached $0.65, compared to $0.02 in the prior year.
- Adjusted EBITDA increased sequentially, resulting in strong margin improvement.
- The company closed the acquisition of Drydon Equipment Inc. and Burlingame Engineers Inc.
Headline financials
Revenue & EPS history
DXP · Revenue · Quarterly
$319M
Revenue by segment
DXP · $319M total across 3 segments · Q1 2022
- Service Centers$219M—68.5%
- Innovative Pumping Solutions$53.1M—16.6%
- Supply Chain Services$47.6M—14.9%
Forward guidance
While the near-term environment remains dynamic with product inflation, supply chain and labor challenges, and broader economic uncertainty, we remain confident that the underlying demand trends, our robust acquisition pipeline, and our strategic initiatives will allow us to achieve excellent performance and growth in 2022 and beyond.
Tailwinds
- Underlying demand trends
- Robust acquisition pipeline
- Strategic initiatives
- Focus on customers
- Improving market conditions
Headwinds
- Product inflation
- Supply chain challenges
- Labor challenges
- Broader economic uncertainty
- Impacts from inflation and the abating COVID crisis
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+1.9%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+6.9%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+55.7%
Q2 2016
Best reaction
-38.4%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -17.5% | -20.8% | -13.4% | |
| Q4 2025 | -3.4% | -8.8% | -11.3% | |
| Q3 2025 | -17.8% | -19.7% | -21.5% | |
| Q1 2025 | -2.9% | +1.2% | -7.6% | |
| Q4 2024 | +0.3% | +9.2% | -6.4% | |
| Q3 2024 | +22.3% | +41.2% | +47.4% | |
| Q2 2024 | -0.0% | +3.6% | +4.2% | |
| Q1 2024 | -4.7% | -5.7% | -10.5% | |
| Q4 2023 | +29.0% | +27.9% | +59.0% | |
| Q3 2023 | -7.2% | -7.4% | -4.3% | |
| Q2 2023 | -15.3% | -12.2% | -6.4% | |
| Q1 2023 | +17.0% | +26.2% | +51.3% | |
| Q4 2022 | -0.5% | +0.2% | +16.7% | |
| Q3 2022 | -9.0% | -11.3% | -16.4% | |
| Q2 2022 | -16.7% | -16.9% | -22.9% | |
| Q1 2022 | +16.8% | +17.1% | +42.7% | |
| Q4 2021 | -13.3% | -12.7% | -20.1% | |
| Q3 2021 | -2.0% | -4.0% | -5.3% | |
| Q2 2021 | +4.6% | +0.5% | -5.3% | |
| Q1 2021 | +0.2% | +0.5% | +4.9% | |
| Q4 2020 | -3.7% | +0.4% | -9.4% | |
| Q3 2020 | +24.5% | +23.2% | +39.4% | |
| Q2 2020 | -1.1% | +10.4% | +5.5% | |
| Q1 2020 | -1.0% | -16.0% | +72.8% | |
| Q4 2019 | -37.0% | -41.1% | -59.2% | |
| Q3 2019 | +13.7% | +16.4% | +11.9% | |
| Q2 2019 | +8.8% | +4.8% | +6.3% | |
| Q1 2019 | -14.6% | -14.8% | -22.1% | |
| Q4 2018 | +31.0% | +25.5% | +32.3% | |
| Q3 2018 | +22.1% | +14.5% | -0.2% | |
| Q2 2018 | +16.4% | +11.4% | +7.6% | |
| Q1 2018 | -0.2% | -0.1% | +4.5% | |
| Q4 2017 | +23.9% | +21.9% | +17.7% | |
| Q3 2017 | -13.9% | -15.0% | -7.9% | |
| Q2 2017 | -7.0% | -11.5% | -22.1% | |
| Q1 2017 | +27.0% | +17.0% | +9.8% | |
| Q4 2016 | +16.1% | +12.5% | +11.4% | |
| Q3 2016 | +15.3% | +15.6% | +40.5% | |
| Q2 2016 | +55.7% | +58.0% | +56.3% | |
| Q1 2016 | -19.9% | — | — | |
| Q4 2015 | -4.4% | — | — | |
| Q3 2015 | +0.8% | — | — | |
| Q2 2015 | -12.8% | — | — | |
| Q1 2015 | -2.8% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | -6.0% | — | — | |
| Q2 2014 | +9.2% | — | — | |
| Q1 2014 | -38.4% | — | — | |
| Q4 2013 | +6.3% | — | — | |
| Q3 2013 | +8.3% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -16.0% | — | — | |
| Q1 2010 | -0.3% | — | — | |
| Q4 2012 | +10.9% | — | — | |
| Q3 2012 | +3.7% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2011 | -0.5% | — | — | |
| Q1 2012 | +8.3% | — | — | |
| Q4 2009 | +2.9% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q3 2011 | -0.1% | — | — | |
| Q2 2011 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — |
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