DXP Enterprises reported higher sales and profits in 2025, driven by strong demand for pumping systems and steady growth across much of its industrial distribution business.
The Houston-based company said annual sales rose 11.9% to $2.0 billion, compared with $1.8 billion in 2024. Profits for the year increased to $88.7 million, up from $70.5 million a year earlier.
Fourth-quarter sales totaled $527.4 million, a 12% increase from the same period last year. Quarterly profit rose to $22.8 million, compared with $21.4 million in the fourth quarter of 2024.
DXP operates through three primary businesses: service centers that supply industrial parts and maintenance support; a pumping-focused operation serving water, wastewater, and energy markets; and supply chain services.
The pumping business posted the fastest growth. Sales in that segment rose 26.4% in 2025 to $390.3 million, reflecting continued strength in water and wastewater markets. Revenue at service centers increased 11% to $1.4 billion. Sales in the supply chain services unit declined 1.4% to $252.9 milli
CEO David Little said the company finished the year with strong momentum.
“Broad-based strength across the business helped us deliver nearly 12% growth,” Little said, citing particularly robust performance in pumping systems and solid results at service centers.
DXP completed six acquisitions during the year, expanding its footprint and adding new capabilities. The company also refinanced a portion of its long-term debt late in the year, which reduced borrowing costs and added financial flexibility.
Chief financial officer Kent Yee said the results reflect DXP’s efforts to diversify beyond traditional energy markets while improving efficiency across its operations.
“Sales and profits both increased at a healthy pace in 2025,” Yee said, adding that the company is positioned to continue growing in 2026 through a combination of internal expansion and acquisitions.
DXP employs 2,500 to 3,000 people and serves industrial customers across the U.S., Canada, Mexico, and the United Arab Emirates.
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