Dxp Enterprises (DXPE) Tax Rate (2010 - 2026)
Dxp Enterprises' (DXPE) quarterly Tax Rate came in at 24.97% in Q1 2026, up 74.0% year-on-year from 14.35% in Q1 2025, and down 5.11% quarter-over-quarter from 26.31% in Q4 2025.
Dxp Enterprises (DXPE) Tax Rate (2010 - 2026) Analysis & Trends
Dxp Enterprises has disclosed Tax Rate across 17 years of filings, most recently posting 24.97% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.97%, up 74.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.79% (up 835.0% YoY), and the FY2025 annual result was 25.62%, up 858.0% from the prior year.
- Tax Rate came in at 24.97% for Q1 2026 at Dxp Enterprises, down from 26.31% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 35.36% in Q4 2022 to a low of 8.25% in Q4 2023.
- The 5-year median for Tax Rate is 26.28% (2023), against an average of 22.41%.
- Peak annual rise in Tax Rate reached 3696 bps in 2022, while the deepest fall reached 6780 bps in 2022.
- Dxp Enterprises' Tax Rate stood at 35.36% in 2022, then sank by 123 bps to 8.25% in 2023, then soared by 170 bps to 5.81% in 2024, then surged by 353 bps to 26.31% in 2025, then slipped by 5 bps to 24.97% in 2026.
- The last three Tax Rate figures came in at 24.97% (Q1 2026), 26.31% (Q4 2025), and 26.56% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 22.74% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 24.22% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 21.86% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 20.32% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 18.98% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 26.17% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 22.34% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 24.17% |
| 10 | Dxp Enterprises | 2.51 Bn | 2.30 Bn | 168.61 Mn | 24.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.97% |
| Mar 31, 2026 | 24.97% |
| Dec 31, 2025 | 26.31% |
| Dec 31, 2025 | 26.31% |
| Sep 30, 2025 | 26.56% |
| Sep 30, 2025 | 26.56% |
| Jun 30, 2025 | 25.27% |
| Jun 30, 2025 | 25.27% |
| Mar 31, 2025 | 24.23% |
| Mar 31, 2025 | 24.23% |
| Dec 31, 2024 | 5.81% |
| Dec 31, 2024 | 5.81% |
| Sep 30, 2024 | 11.09% |
| Sep 30, 2024 | 11.09% |
| Jun 30, 2024 | 27.43% |
| Jun 30, 2024 | 27.43% |
| Mar 31, 2024 | 27.15% |
| Mar 31, 2024 | 27.15% |
| Dec 31, 2023 | -8.25% |
| Dec 31, 2023 | -8.25% |