NASDAQ$DXPE
DXP Enterprises Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a strong second quarter with significant sales growth and improved profitability.
DXP Enterprises reported a strong second quarter in 2022, marked by a 28.7% increase in sales to $367.8 million compared to the previous year. The company's net income rose to $14.4 million, and diluted EPS reached $0.74. Adjusted EBITDA also saw substantial growth, reaching $32.6 million, reflecting broad-based strength across the company.
- Sales increased by 28.7% year-over-year, reaching $367.8 million.
- Net income increased to $14.4 million, compared to $8.1 million in Q2 2021.
- Earnings per diluted share were $0.74, up from $0.41 in the prior year.
- Adjusted EBITDA grew to $32.6 million, reflecting a 43.8% increase.
Headline financials
Revenue & EPS history
DXP · Revenue · Quarterly
$368M
Revenue by segment
DXP · $368M total across 3 segments · Q2 2022
- Service Centers$251M+19.9%68.3%
- Supply Chain Services$58.9M+49.9%16.0%
- Innovative Pumping Solutions$57.8M+57.5%15.7%
Forward guidance
DXP Enterprises anticipates a strong second half of 2022, driven by positive demand trends, strategic acquisitions, and ongoing strategic initiatives, positioning the company for a robust finish to 2022 and setting the stage for a better 2023.
Tailwinds
- Strong demand trends are expected to continue.
- Acquisitions are expected to contribute to growth.
- Strategic initiatives are expected to drive performance.
- Momentum in the business is expected to continue.
- Diversification of end market and business model exposure.
Headwinds
- Macro-environment continues to remain dynamic.
- Inflationary pressures are expected to continue.
- Potential decreases in oil and natural gas prices.
- Economic risks related to the impact of COVID-19.
- Dependence on existing management.
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 Q2 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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