DXP ENTERPRISES INC Earnings Per Share Disclosure
| December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Basic earnings per share: | |||||||||||||||||
| Weighted average shares outstanding | 15,667 | 15,861 | 16,870 | ||||||||||||||
Net income attributable to DXP Enterprises, Inc. | $ | 88,677 | $ | 70,489 | $ | 68,812 | |||||||||||
Series B convertible preferred stock dividend | (90) | (90) | (90) | ||||||||||||||
Net income attributable to common shareholders | 88,587 | 70,399 | 68,722 | ||||||||||||||
| Per share amount | $ | 5.65 | $ | 4.44 | $ | 4.07 | |||||||||||
| Diluted earnings per share: | |||||||||||||||||
| Weighted average shares outstanding | 15,667 | 15,861 | 16,870 | ||||||||||||||
| Assumed conversion of convertible preferred stock | 840 | 840 | 840 | ||||||||||||||
| Total dilutive shares | 16,507 | 16,701 | 17,710 | ||||||||||||||
Net income attributable to common shareholders | $ | 88,587 | $ | 70,399 | $ | 68,722 | |||||||||||
Series B convertible preferred stock dividend | 90 | 90 | 90 | ||||||||||||||
Net income attributable to DXP Enterprises, Inc. | 88,677 | 70,489 | 68,812 | ||||||||||||||
| Per share amount | $ | 5.37 | $ | 4.22 | $ | 3.89 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Mar 10, 2025 | |
| 2023 | Mar 11, 2024 | |
| 2022 | Apr 17, 2023 | |
| 2021 | Apr 5, 2022 | |
| 2020 | Mar 18, 2021 | |
| 2019 | Mar 13, 2020 | |
| 2018 | Mar 8, 2019 | |
| 2017 | Mar 28, 2018 | |
| 2016 | Mar 31, 2017 | |
| 2015 | Feb 29, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.