Dxp Enterprises (DXPE) Gross Margin (2010 - 2026)
Dxp Enterprises (DXPE) posted Gross Margin of 32.32% for Q1 2026, up 2.25% sequentially from 31.61% in Q4 2025, and up 79.0% YoY from 18.06% in Q1 2025.
Dxp Enterprises (DXPE) Gross Margin (2010 - 2026) Analysis & Trends
Dxp Enterprises has reported Gross Margin for 17 years, with the latest figure at 32.32% in Q1 2026.
- Quarterly Gross Margin rose 79.0% year-over-year to 32.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.74% (up 52.0% YoY) and the FY2025 annual result came in at 31.54%, up 67.0% from the prior year.
- Gross Margin improved to 32.32% in Q1 2026 per DXPE's latest filing, from 31.61% in the prior quarter.
- Over five years, Gross Margin peaked at 524.81% in Q4 2022 and troughed at 28.35% in Q2 2022.
- A 5-year average of 59.64% and a median of 30.89% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 49593 bps in 2022, then slumped 49466 bps in 2023.
- Over 5 years, Gross Margin stood at 524.81% in 2022, then tumbled by 94 bps to 30.15% in 2023, then rose by 5 bps to 31.53% in 2024, then gained by 0 bps to 31.61% in 2025, then rose by 2 bps to 32.32% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 32.32%, 31.61%, and 31.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 21.85% |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 30.43% |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 27.50% |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 27.23% |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 29.66% |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 41.11% |
| 10 | Dxp Enterprises | 3.02 Bn | 2.79 Bn | 183.07 Mn | 31.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.76% |
| Mar 31, 2026 | 32.32% |
| Dec 31, 2025 | 31.61% |
| Sep 30, 2025 | 31.39% |
| Jun 30, 2025 | 31.65% |
| Mar 31, 2025 | 31.53% |
| Dec 31, 2024 | 31.53% |
| Sep 30, 2024 | 30.89% |
| Jun 30, 2024 | 30.93% |
| Mar 31, 2024 | 30.02% |
| Dec 31, 2023 | 30.15% |
| Sep 30, 2023 | 29.95% |
| Jun 30, 2023 | 30.80% |
| Mar 31, 2023 | 29.47% |
| Dec 31, 2022 | 524.81% |
| Sep 30, 2022 | 28.82% |
| Jun 30, 2022 | 28.35% |
| Mar 31, 2022 | 29.71% |
| Dec 31, 2021 | 28.88% |
| Sep 30, 2021 | 30.03% |