Company: DXPE
Filing Date: 2025-04-30
Form Type: ARS
Source: 0001020710-25-000081
Chunk: 4

Company: DXP ENTERPRISES INC
Filing Date: 2025-04-30
Form: ARS
Chunk 4
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 Inc. Since our predecessor company was founded, we have primarily been engaged in the business of distributing maintenance, repair and operating (“MRO”) products, equipment and service to customers in a variety of end markets including the general industrial, energy, food & beverage, chemical, transportation, water and wastewater. The Company is organized into three business segments: Service Centers (“SC”), Innovative Pumping Solutions (“IPS”) and Supply Chain Services (“SCS”). Sales, operating income, and other financial information for 2024, 2023 and 2022, and identifiable assets at the close of such years for our business segments are presented in Note 20 – Segment Reporting to the Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data. Summary Sales and Operating Income by Business Segment ______________________________________________________________________________________________________ 2024 Total Sales $1.8 Billion SC 68% IPS 18% SCS 14% 2024 Total Segment Operating Income $250.5 Million SC 70% IPS 21% SCS 9% ______________________________________________________________________________________________________ Our total sales have increased from $125 million in 1996 to $1.8 billion in 2024 through a combination of internal growth and business acquisitions. The following table shows, as of the end of the last 10 fiscal years, our consolidated sales; total number of locations; the number of SC facilities, IPS facilities, SCS customer sites; and the corresponding sales and average sales per business segment location: Table of Contents 4

Ten Year Consolidated and Business Segment Summary ($ in millions) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Sales $ 1,802 $ 1,679 $ 1,481 $ 1,114 $ 1,005 $ 1,265 $ 1,216 $ 1,007 $ 962 $ 1,247 Locations 279 264 275 252 247 244 249 243 245 260 SC sales $ 1,223 $ 1,200 $ 1,041 $ 816 $ 663 $ 762 $ 750 $ 641 $ 621 $ 827 SC facilities 161 161 160 152 158 145 155 165 167 179 Avg. SC sales/facility $ 7.6 $ 7.5 $ 6.5 $ 5.4 $ 4.2 $ 5