Company: DXPE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001020710-25-000036
Chunk: 96

Company: DXP ENTERPRISES INC
Filing Date: 2025-03-10
Form: 10-K
Item: Item 1
Chunk 96
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$3.9 $3.7 $4.6 IPS sales$323 $219 $199 $140 $188 $304 $292 $204 $187 $255 IPS facilities32222018101011111112Avg. IPS sales/facility$10.1 $10.0 $9.9 $7.8 $18.8 $30.4 $26.5 $18.5 $17.0 $21.3 SCS sales$256 $260 $240 $158 $155 $201 $174 $161 $154 $166 SCS customer sites86819582798983676769Avg. SCS sales/site$3.0 $3.2 $2.5 $1.9 $2.0 $2.3 $2.1 $2.4 $2.3 $2.4 

Geographic Reach

At December 31, 2024, our operations covered 279 locations including 193 facilities within our SC and IPS segment and 86 customer sites in our SCS segment. Our SC and IPS segment operations include 38 states in the United States (“U.S.”), nine provinces in Canada, one city in the United Arab Emirates (“U.A.E”), one city in India, and one city in Saudi Arabia. 

Geographic Footprint

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Our principal executive office is located at 5301 Hollister St., Houston, Texas 77040 and our telephone number is (713) 996-4700. Our website address is www.dxpe.com and emails may be sent to info@dxpe.com. The reference to our website address does not constitute incorporation by reference of the information contained on the website and such information should not be considered part of this report.

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Table of Contents

Industry Overview

The industrial distribution market is highly fragmented. Based on 2023 sales as reported by Industrial Distribution magazine, we were the 17th largest distributor of MRO products in the U.S. Most industrial customers currently purchase their industrial supplies through numerous local distribution and supply companies. These distributors generally provide the customer with repair and maintenance services, technical support and application expertise with respect to one product category. Products typically are purchased by the distributor for resale directly from the manufacturer and warehoused at distribution facilities of the distributor until