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Side-by-side financial comparison of DXP ENTERPRISES INC (DXPE) and Evolent Health, Inc. (EVH). Click either name above to swap in a different company.

DXP ENTERPRISES INC is the larger business by last-quarter revenue ($527.4M vs $496.2M, roughly 1.1× Evolent Health, Inc.). DXP ENTERPRISES INC runs the higher net margin — 4.3% vs -5.4%, a 9.7% gap on every dollar of revenue. On growth, DXP ENTERPRISES INC posted the faster year-over-year revenue change (12.0% vs 2.6%). Over the past eight quarters, DXP ENTERPRISES INC's revenue compounded faster (13.1% CAGR vs -12.4%).

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.

Magellan Health Inc., is an American for-profit managed health care company and subsidiary of Centene that focuses on special populations and other specialty areas of healthcare. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. It ranked 390 on the Fortune 500 in 2021.

DXPE vs EVH — Head-to-Head

Bigger by revenue
DXPE
DXPE
1.1× larger
DXPE
$527.4M
$496.2M
EVH
Growing faster (revenue YoY)
DXPE
DXPE
+9.4% gap
DXPE
12.0%
2.6%
EVH
Higher net margin
DXPE
DXPE
9.7% more per $
DXPE
4.3%
-5.4%
EVH
Faster 2-yr revenue CAGR
DXPE
DXPE
Annualised
DXPE
13.1%
-12.4%
EVH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DXPE
DXPE
EVH
EVH
Revenue
$527.4M
$496.2M
Net Profit
$22.8M
$-26.6M
Gross Margin
31.6%
16.9%
Operating Margin
8.8%
Net Margin
4.3%
-5.4%
Revenue YoY
12.0%
2.6%
Net Profit YoY
6.9%
EPS (diluted)
$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
DXPE
DXPE
EVH
EVH
Q1 26
$496.2M
Q4 25
$527.4M
$468.7M
Q3 25
$513.7M
$479.5M
Q2 25
$498.7M
$444.3M
Q1 25
$476.6M
$483.6M
Q4 24
$470.9M
$646.5M
Q3 24
$472.9M
$621.4M
Q2 24
$445.6M
$647.1M
Net Profit
DXPE
DXPE
EVH
EVH
Q1 26
$-26.6M
Q4 25
$22.8M
$-429.1M
Q3 25
$21.6M
$-20.9M
Q2 25
$23.6M
$-19.9M
Q1 25
$20.6M
$-64.6M
Q4 24
$21.4M
$-22.8M
Q3 24
$21.1M
$-23.1M
Q2 24
$16.7M
$1.6M
Gross Margin
DXPE
DXPE
EVH
EVH
Q1 26
16.9%
Q4 25
31.6%
20.7%
Q3 25
31.4%
20.8%
Q2 25
31.6%
22.6%
Q1 25
31.5%
21.2%
Q4 24
31.5%
11.7%
Q3 24
30.9%
13.0%
Q2 24
30.9%
16.5%
Operating Margin
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
8.8%
-87.1%
Q3 25
8.5%
0.2%
Q2 25
9.2%
-0.3%
Q1 25
8.5%
-0.3%
Q4 24
8.3%
-2.9%
Q3 24
8.4%
-2.6%
Q2 24
8.4%
1.2%
Net Margin
DXPE
DXPE
EVH
EVH
Q1 26
-5.4%
Q4 25
4.3%
-91.6%
Q3 25
4.2%
-4.4%
Q2 25
4.7%
-4.5%
Q1 25
4.3%
-13.4%
Q4 24
4.5%
-3.5%
Q3 24
4.5%
-3.7%
Q2 24
3.7%
0.2%
EPS (diluted)
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
$1.38
$-3.76
Q3 25
$1.31
$-0.24
Q2 25
$1.43
$-0.44
Q1 25
$1.25
$-0.63
Q4 24
$1.28
$-0.26
Q3 24
$1.27
$-0.27
Q2 24
$1.00
$-0.06

Balance Sheet & Financial Strength

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

Metric
DXPE
DXPE
EVH
EVH
Cash + ST InvestmentsLiquidity on hand
$303.8M
$142.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$498.4M
$396.4M
Total Assets
$1.7B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXPE
DXPE
EVH
EVH
Q1 26
$142.0M
Q4 25
$303.8M
$151.9M
Q3 25
$123.8M
$116.7M
Q2 25
$112.9M
$151.0M
Q1 25
$114.3M
$246.5M
Q4 24
$148.3M
$104.2M
Q3 24
$35.0M
$96.6M
Q2 24
$49.9M
$101.3M
Stockholders' Equity
DXPE
DXPE
EVH
EVH
Q1 26
$396.4M
Q4 25
$498.4M
$415.2M
Q3 25
$488.3M
$842.2M
Q2 25
$468.1M
$896.0M
Q1 25
$444.7M
$935.5M
Q4 24
$422.8M
$1.0B
Q3 24
$402.4M
$1.0B
Q2 24
$384.7M
$1.1B
Total Assets
DXPE
DXPE
EVH
EVH
Q1 26
$1.9B
Q4 25
$1.7B
$1.9B
Q3 25
$1.4B
$2.5B
Q2 25
$1.4B
$2.5B
Q1 25
$1.4B
$2.7B
Q4 24
$1.3B
$2.5B
Q3 24
$1.2B
$2.5B
Q2 24
$1.2B
$2.5B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
$37.8M
$48.8M
Q3 25
$34.9M
$15.8M
Q2 25
$18.6M
$-30.3M
Q1 25
$3.0M
$4.6M
Q4 24
$32.1M
$-26.2M
Q3 24
$28.3M
$18.7M
Q2 24
$14.7M
$21.4M
Free Cash Flow
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
$34.5M
Q3 25
$28.1M
Q2 25
$8.3M
Q1 25
$-16.9M
Q4 24
$22.7M
Q3 24
$24.4M
Q2 24
$5.9M
FCF Margin
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
6.5%
Q3 25
5.5%
Q2 25
1.7%
Q1 25
-3.6%
Q4 24
4.8%
Q3 24
5.2%
Q2 24
1.3%
Capex Intensity
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
0.6%
Q3 25
1.3%
Q2 25
2.1%
Q1 25
4.2%
Q4 24
2.0%
Q3 24
0.8%
Q2 24
2.0%
Cash Conversion
DXPE
DXPE
EVH
EVH
Q1 26
Q4 25
1.65×
Q3 25
1.61×
Q2 25
0.79×
Q1 25
0.14×
Q4 24
1.50×
Q3 24
1.34×
Q2 24
0.88×
13.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DXPE
DXPE

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

EVH
EVH

Performance Suite$323.3M65%
Specialty Technology and Services Suite$80.8M16%
Administrative Services$49.6M10%
Cases$42.6M9%

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