AI brief of an SEC Form 8-K · DXP Enterprises (DXPE)

DXP Enterprises Q4 diluted EPS $0.94 vs $0.37; fiscal 2023 sales up 13.4%

Positive Impact 3 of 5 earnings Written later

DXP Enterprises reported fourth quarter and fiscal 2023 results. Q4 diluted EPS was $0.94 versus $0.37 a year earlier, while Q4 sales were $407.0 million compared with $406.3 million. For the full year, sales rose 13.4% to $1.7 billion and net income increased to $68.8 million from $48.2 million, a result that favors shareholders on the headline measures.

Key points

  • Q4 2023 diluted EPS was $0.94 versus $0.37 in Q4 2022; Q4 sales were $407.0 million versus $406.3 million.
  • Fiscal 2023 sales were $1.7 billion, up 13.4%, and net income was $68.8 million versus $48.2 million.
  • Adjusted EBITDA for fiscal 2023 was $174.3 million versus $126.8 million, and free cash flow was $94.0 million.
  • In fiscal 2023 the company refinanced its Senior Secured Term Loan B, raising $550 million, and repurchased 1.7 million shares for $54.7 million.

The filing

CompanyDXP Enterprises (DXPE)
Form8-K, current report
Filed with the SECMar 7, 2024, 6:53 PM ET
Accession number0001020710-24-000022

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 07, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.