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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and DXP ENTERPRISES INC (DXPE). Click either name above to swap in a different company.

DXP ENTERPRISES INC is the larger business by last-quarter revenue ($527.4M vs $518.0M, roughly 1.0× Distribution Solutions Group, Inc.). DXP ENTERPRISES INC runs the higher net margin — 4.3% vs 1.2%, a 3.1% gap on every dollar of revenue. On growth, DXP ENTERPRISES INC posted the faster year-over-year revenue change (12.0% vs 10.7%). DXP ENTERPRISES INC produced more free cash flow last quarter ($34.5M vs $32.9M). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs 13.1%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

DSGR vs DXPE — Head-to-Head

Bigger by revenue
DXPE
DXPE
1.0× larger
DXPE
$527.4M
$518.0M
DSGR
Growing faster (revenue YoY)
DXPE
DXPE
+1.3% gap
DXPE
12.0%
10.7%
DSGR
Higher net margin
DXPE
DXPE
3.1% more per $
DXPE
4.3%
1.2%
DSGR
More free cash flow
DXPE
DXPE
$1.6M more FCF
DXPE
$34.5M
$32.9M
DSGR
Faster 2-yr revenue CAGR
DSGR
DSGR
Annualised
DSGR
13.1%
13.1%
DXPE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DSGR
DSGR
DXPE
DXPE
Revenue
$518.0M
$527.4M
Net Profit
$6.5M
$22.8M
Gross Margin
32.9%
31.6%
Operating Margin
4.6%
8.8%
Net Margin
1.2%
4.3%
Revenue YoY
10.7%
12.0%
Net Profit YoY
-70.6%
6.9%
EPS (diluted)
$0.14
$1.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DSGR
DSGR
DXPE
DXPE
Q4 25
$527.4M
Q3 25
$518.0M
$513.7M
Q2 25
$502.4M
$498.7M
Q1 25
$478.0M
$476.6M
Q4 24
$480.5M
$470.9M
Q3 24
$468.0M
$472.9M
Q2 24
$439.5M
$445.6M
Q1 24
$416.1M
$412.6M
Net Profit
DSGR
DSGR
DXPE
DXPE
Q4 25
$22.8M
Q3 25
$6.5M
$21.6M
Q2 25
$5.0M
$23.6M
Q1 25
$3.3M
$20.6M
Q4 24
$-25.9M
$21.4M
Q3 24
$21.9M
$21.1M
Q2 24
$1.9M
$16.7M
Q1 24
$-5.2M
$11.3M
Gross Margin
DSGR
DSGR
DXPE
DXPE
Q4 25
31.6%
Q3 25
32.9%
31.4%
Q2 25
33.9%
31.6%
Q1 25
34.3%
31.5%
Q4 24
33.3%
31.5%
Q3 24
33.9%
30.9%
Q2 24
34.5%
30.9%
Q1 24
34.5%
30.0%
Operating Margin
DSGR
DSGR
DXPE
DXPE
Q4 25
8.8%
Q3 25
4.6%
8.5%
Q2 25
5.3%
9.2%
Q1 25
4.2%
8.5%
Q4 24
4.2%
8.3%
Q3 24
4.0%
8.4%
Q2 24
3.2%
8.4%
Q1 24
0.7%
7.1%
Net Margin
DSGR
DSGR
DXPE
DXPE
Q4 25
4.3%
Q3 25
1.2%
4.2%
Q2 25
1.0%
4.7%
Q1 25
0.7%
4.3%
Q4 24
-5.4%
4.5%
Q3 24
4.7%
4.5%
Q2 24
0.4%
3.7%
Q1 24
-1.3%
2.7%
EPS (diluted)
DSGR
DSGR
DXPE
DXPE
Q4 25
$1.38
Q3 25
$0.14
$1.31
Q2 25
$0.11
$1.43
Q1 25
$0.07
$1.25
Q4 24
$-0.55
$1.28
Q3 24
$0.46
$1.27
Q2 24
$0.04
$1.00
Q1 24
$-0.11
$0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DSGR
DSGR
DXPE
DXPE
Cash + ST InvestmentsLiquidity on hand
$69.2M
$303.8M
Total DebtLower is stronger
$665.5M
Stockholders' EquityBook value
$653.9M
$498.4M
Total Assets
$1.8B
$1.7B
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGR
DSGR
DXPE
DXPE
Q4 25
$303.8M
Q3 25
$69.2M
$123.8M
Q2 25
$47.4M
$112.9M
Q1 25
$65.4M
$114.3M
Q4 24
$66.5M
$148.3M
Q3 24
$61.3M
$35.0M
Q2 24
$46.8M
$49.9M
Q1 24
$73.1M
$139.7M
Total Debt
DSGR
DSGR
DXPE
DXPE
Q4 25
Q3 25
$665.5M
Q2 25
$675.0M
Q1 25
$712.4M
Q4 24
$693.9M
Q3 24
$704.1M
Q2 24
$573.7M
Q1 24
$535.7M
Stockholders' Equity
DSGR
DSGR
DXPE
DXPE
Q4 25
$498.4M
Q3 25
$653.9M
$488.3M
Q2 25
$649.4M
$468.1M
Q1 25
$636.7M
$444.7M
Q4 24
$640.5M
$422.8M
Q3 24
$680.8M
$402.4M
Q2 24
$653.3M
$384.7M
Q1 24
$654.7M
$375.5M
Total Assets
DSGR
DSGR
DXPE
DXPE
Q4 25
$1.7B
Q3 25
$1.8B
$1.4B
Q2 25
$1.8B
$1.4B
Q1 25
$1.8B
$1.4B
Q4 24
$1.7B
$1.3B
Q3 24
$1.8B
$1.2B
Q2 24
$1.6B
$1.2B
Q1 24
$1.5B
$1.2B
Debt / Equity
DSGR
DSGR
DXPE
DXPE
Q4 25
Q3 25
1.02×
Q2 25
1.04×
Q1 25
1.12×
Q4 24
1.08×
Q3 24
1.03×
Q2 24
0.88×
Q1 24
0.82×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DSGR
DSGR
DXPE
DXPE
Operating Cash FlowLast quarter
$38.4M
$37.8M
Free Cash FlowOCF − Capex
$32.9M
$34.5M
FCF MarginFCF / Revenue
6.3%
6.5%
Capex IntensityCapex / Revenue
1.1%
0.6%
Cash ConversionOCF / Net Profit
5.95×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$92.2M
$54.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DSGR
DSGR
DXPE
DXPE
Q4 25
$37.8M
Q3 25
$38.4M
$34.9M
Q2 25
$33.3M
$18.6M
Q1 25
$-4.8M
$3.0M
Q4 24
$45.7M
$32.1M
Q3 24
$-17.3M
$28.3M
Q2 24
$21.4M
$14.7M
Q1 24
$6.6M
$27.0M
Free Cash Flow
DSGR
DSGR
DXPE
DXPE
Q4 25
$34.5M
Q3 25
$32.9M
$28.1M
Q2 25
$28.7M
$8.3M
Q1 25
$-10.4M
$-16.9M
Q4 24
$41.1M
$22.7M
Q3 24
$-20.5M
$24.4M
Q2 24
$18.0M
$5.9M
Q1 24
$4.2M
$24.1M
FCF Margin
DSGR
DSGR
DXPE
DXPE
Q4 25
6.5%
Q3 25
6.3%
5.5%
Q2 25
5.7%
1.7%
Q1 25
-2.2%
-3.6%
Q4 24
8.6%
4.8%
Q3 24
-4.4%
5.2%
Q2 24
4.1%
1.3%
Q1 24
1.0%
5.8%
Capex Intensity
DSGR
DSGR
DXPE
DXPE
Q4 25
0.6%
Q3 25
1.1%
1.3%
Q2 25
0.9%
2.1%
Q1 25
1.2%
4.2%
Q4 24
1.0%
2.0%
Q3 24
0.7%
0.8%
Q2 24
0.8%
2.0%
Q1 24
0.6%
0.7%
Cash Conversion
DSGR
DSGR
DXPE
DXPE
Q4 25
1.65×
Q3 25
5.95×
1.61×
Q2 25
6.66×
0.79×
Q1 25
-1.46×
0.14×
Q4 24
1.50×
Q3 24
-0.79×
1.34×
Q2 24
11.28×
0.88×
Q1 24
2.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DSGR
DSGR

Test Equity Segment$206.5M40%
Gexpro Services Segment$130.5M25%
Lawson Segment$121.5M23%
Canada Branch Division Segment$60.0M12%

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

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