Dxp Enterprises (DXPE) Tax Rate (2010 - 2026)
Dxp Enterprises (DXPE) posted Tax Rate of 24.97% for Q1 2026, down 5.11% sequentially from 26.31% in Q4 2025, and up 74.0% YoY from 14.35% in Q1 2025.
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Analysis
Dxp Enterprises (DXPE) Tax Rate (2010 - 2026) Analysis & Trends
Dxp Enterprises has reported Tax Rate for 17 years, with the latest figure at 24.97% in Q1 2026.
- Quarterly Tax Rate rose 74.0% year-over-year to 24.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.79% (up 835.0% YoY) and the FY2025 annual result came in at 25.62%, up 858.0% from the prior year.
- Tax Rate slipped to 24.97% in Q1 2026 per DXPE's latest filing, from 26.31% in the prior quarter.
- Over five years, Tax Rate peaked at 35.36% in Q4 2022 and troughed at 8.25% in Q4 2023.
- A 5-year average of 22.41% and a median of 26.28% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 3696 bps in 2022, down 6780 bps in 2022.
- Over 5 years, Tax Rate stood at 35.36% in 2022, then sank by 123 bps to 8.25% in 2023, then surged by 170 bps to 5.81% in 2024, then jumped by 353 bps to 26.31% in 2025, then declined by 5 bps to 24.97% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.97%, 26.31%, and 26.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.76 Bn | 60.17 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 55.17 Bn | 54.97 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.00 Bn | 42.18 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.30 Bn | 15.49 Bn | 1.46 Bn | 22.94% |
| 5 | Applied Industrial Technologies | 11.95 Bn | 11.82 Bn | 411.22 Mn | 24.84% |
| 6 | Watsco | 11.80 Bn | 11.33 Bn | 578.93 Mn | 20.91% |
| 7 | Core & Main | 8.27 Bn | 8.12 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.62 Bn | 6.58 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.52 Bn | 6.45 Bn | 430.41 Mn | 24.50% |
| 10 | Dxp Enterprises | 2.81 Bn | 2.58 Bn | 183.07 Mn | 27.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.73% |
| Mar 31, 2026 | 24.97% |
| Dec 31, 2025 | 26.31% |
| Sep 30, 2025 | 26.56% |
| Jun 30, 2025 | 25.27% |
| Mar 31, 2025 | 24.23% |
| Dec 31, 2024 | 5.81% |
| Sep 30, 2024 | 11.09% |
| Jun 30, 2024 | 27.43% |
| Mar 31, 2024 | 27.15% |
| Dec 31, 2023 | -8.25% |
| Sep 30, 2023 | 26.28% |
| Jun 30, 2023 | 26.32% |
| Mar 31, 2023 | 27.79% |
| Dec 31, 2022 | 35.36% |
| Sep 30, 2022 | 28.10% |
| Jun 30, 2022 | 25.55% |
| Mar 31, 2022 | 21.01% |
| Dec 31, 2021 | 59.14% |
| Sep 30, 2021 | -8.87% |