Company: DXPE
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001020710-25-000137
Chunk: 100

Company: DXP ENTERPRISES INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 100
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5 %Income from Operations$45,986 $37,352 $86,501 $66,483 Income from Operations Margin9.2 %8.4 %8.9 %7.7 %Net Income$23,612 $16,693 $44,201 $28,025 Net Income Margin4.7 %3.7 %4.5 %3.3 %EBITDA$55,830 $46,514 $106,797 $85,152 EBITDA Margin11.2 %10.4 %11.0 %9.9 %Adjusted EBITDA$57,313 $48,226 $109,832 $88,570 Adjusted EBITDA Margin11.5 %10.8 %11.3 %10.3 %Net cash provided by operating activities$18,646 $14,735 $21,619 $41,724 Free Cash Flow$8,300 $5,910 $(8,641)$30,005 

23

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.

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.

EBITDA and Adjusted EBITDA

We define and calculate EBITDA as Net income attributable to DXP Enterprises, Inc., plus interest, taxes, depreciation, and amortization. We define and calculate Adjusted EBITDA as Net income attributable to DXP Enterprises, Inc., plus interest, taxes, depreciation, and amortization minus stock-based compensation expense and all other non-cash charges, adjustments, and non-recurring