DXP (DXPE) Stock Analysis: 439% Gain Since 2021, 23x Forward P/E

DXP Enterprises (DXPE) shares trade at $148.68, up 439% since February 2021, outpacing the S&P 500's 73.7% return. The industrial distributor posted a 22.4% gain over the past six months. DXP, founded during Texas' Big Oil era, supplies pumps, valves, and industrial components. Revenue grew at a 13% annualized rate over five years, with operating margins expanding 5.1 percentage points to 8.7%. Earnings per share surged at a 50.1% CAGR, exceeding revenue growth. Valued at 23x forward P/E, the stock's long-term quality metrics remain strong.