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DXP Enterprises (DXP Enterprises) EBIT : $140 Mil (TTM As of Dec. 2023)


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What is DXP Enterprises EBIT?

DXP Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $140 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DXP Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 was 14.82%. DXP Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 37.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DXP Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.41%.


DXP Enterprises EBIT Historical Data

The historical data trend for DXP Enterprises's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DXP Enterprises EBIT Chart

DXP Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.46 -27.74 40.27 95.04 140.08

DXP Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.96 35.87 37.72 34.62 31.86

Competitive Comparison of DXP Enterprises's EBIT

For the Industrial Distribution subindustry, DXP Enterprises's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DXP Enterprises's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DXP Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where DXP Enterprises's EV-to-EBIT falls into.



DXP Enterprises EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $140 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DXP Enterprises  (NAS:DXPE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

DXP Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=119.948 * ( 1 - -8.25% )/( (880.949 + 871.609)/ 2 )
=129.84371/876.279
=14.82 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1045.104 - 136.979 - ( 27.176 - max(0, 221.858 - 516.787+27.176))
=880.949

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1177.436 - 132.707 - ( 173.12 - max(0, 224.165 - 648.554+173.12))
=871.609

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

DXP Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=127.456/( ( (104.739 + max(239.977, 0)) + (110.347 + max(229.884, 0)) )/ 2 )
=127.456/( ( 344.716 + 340.231 )/ 2 )
=127.456/342.4735
=37.22 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(320.972 + 105.145 + 15.89) - (136.979 + 19.776 + 45.275)
=239.977

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(311.171 + 103.805 + 18.135) - (132.707 + 21.666 + 48.854)
=229.884

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

DXP Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=140.076/1227.578
=11.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DXP Enterprises EBIT Related Terms

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DXP Enterprises (DXP Enterprises) Business Description

Traded in Other Exchanges
Address
5301 Hollister, Houston, TX, USA, 77040
DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries.
Executives
Paz Maestas officer: CMO & CTO 5301 HOLLISTER ST, HOUSTON TX 77040
David Molero Santos officer: CHIEF ACCOUNTING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Todd Hamlin officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David R Little director, 10 percent owner, officer: Chairman & CEO 7272 PINEMONT DRIVE, HOUSTON TX 77040
Yee Kent Nee Hung officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David C Vinson officer: Sr, V.P. Operations
Nicholas Little officer: CHIEF OPERATING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Christopher T Gregory officer: Sr. Vice President 7272 PINEMONT DR, HOUSTON TX 77040
Karen Hoffman director 5301 HOLLISTER ST, HOUSTON TX 77040
Gene Padgett officer: SVP/Chief Accounting Officer VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Joseph R Mannes director 4016 MCFARLIN BLVD, DALLAS TX 75205
Timothy P Halter director 174 FM 1830, ARGYLE TX 76226
David Patton director 7272 PINEMONT DR, HOUSTON TX 77040
Cletus Davis director
John Jay Jeffery officer: Sr. V.P. 7272 PINEMONT DRIVE, HOUSTON TX 77040

DXP Enterprises (DXP Enterprises) Headlines

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