Company: DXPE
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001020710-25-000092
Chunk: 77

Company: DXP ENTERPRISES INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 77
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 as such there was no comparability impact this quarter. 

Key Business Metrics

We regularly monitor several financial and operating metrics to evaluate our business, measure our performance, identify trends affecting our business, formulate financial projections and make strategic decisions. Our key non-GAAP business metrics may be calculated in a different manner than similarly titled metrics used by other companies. See “Non-GAAP Financial Measures and Reconciliations” for additional information on non-GAAP financial measures and a reconciliation to the most comparable U.S. GAAP measures.

Three Months Ended March 31,20252024Sales by Business SegmentService Centers$327,075 $288,435 Innovative Pumping Solutions86,182 62,216 Supply Chain Services63,312 61,984 Total DXP Sales$476,569 $412,635 Acquisition Sales$31,112 $11,775 Organic Sales$445,457 $400,860 Business Days6363Sales per Business Day$7,565 $6,550 Organic Sales per Business Day$7,071 $6,363 Gross Profit$150,265 $123,882 Gross Profit Margin31.5 %30.0 %EBITDA$50,967 $38,637 EBITDA Margin10.7 %9.4 %Adjusted EBITDA$52,519 $40,343 Adjusted EBITDA Margin11.0 %9.8 %Free Cash Flow$(16,941)$24,095 

Organic Sales and Acquisition Sales

We define and calculate organic sales to include locations and acquisitions under our ownership for at least twelve months. "Acquisition Sales" are sales from acquisitions that have been under our ownership for less than twelve months and are excluded in our calculation of Organic Sales.

Business Days

"Business Days" are days of the week, excluding Saturdays, Sundays, and holidays, that our locations are open during the year. Depending on the location and the season, our branches may be open on Saturdays and Sundays; however, for consistency, those days have been excluded from the calculation of Business Days.

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Sales per Business Day

We define and calculate Sales per Business Day as sales divided by the number of Business Days in the relevant reporting period.

Organic Sales per Business Days

We define and calculate Organic Sales per Business Day as Organic Sales divided by the number of Business Days in the relevant reporting period.

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