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
DateValue
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%