3 Best Industrials Sector Picks for Long-Term Investors in 2025 DXP Enterprises (NASDAQ:DXPE) reported higher second-quarter sales, earnings and cash flow, supported by organic growth, acquisitions and continued expansion in water and wastewater markets.
Total sales for the quarter ended June 30 rose 15.6% year over year to $576.5 million
Acquisitions completed within the past year contributed $49.8 million of revenue, while organic sales increased 11.1% to $526.6 million, according to Chief Financial Officer Kent Yee. Net income increased to $28.7 million, and diluted earnings per share rose to $1.76 from $1.43 in the second quarter of 2025. Operating income climbed 20.7% to $55.5 million.
Adjusted EBITDA increased to $70.4 million from $57.3 million a year earlier, with the adjusted EBITDA margin reaching 12.2% of sales, compared with 11.5% in the prior-year period. Yee described the margin level as a new high watermark for the company. Segment Growth Led by Innovative Pumping Solutions Innovative Pumping Solutions, or IPS, was DXP’s fastest-growing segment during the quarter.