DXP Tax Provision from 2010 to 2024

DXPE Stock  USD 71.07  2.96  4.35%   
DXP Enterprises' Tax Provision is increasing over the years with slightly volatile fluctuation. Overall, Tax Provision is expected to go to about 24.9 M this year. Tax Provision is the amount set aside by DXP Enterprises to cover any estimated taxes for the current period. It reflects DXP Enterprises' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
4.2 M
Current Value
6.3 M
Quarterly Volatility
4.6 M
 
Covid
Check DXP Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DXP Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 M, Interest Expense of 55.8 M or Selling General Administrative of 379.3 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 1.0E-4 or PTB Ratio of 1.81. DXP financial statements analysis is a perfect complement when working with DXP Enterprises Valuation or Volatility modules.
  
Check out the analysis of DXP Enterprises Correlation against competitors.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.

Latest DXP Enterprises' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of DXP Enterprises over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. DXP Enterprises' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DXP Enterprises' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

DXP Tax Provision Regression Statistics

Arithmetic Mean5,287,520
Coefficient Of Variation210.42
Mean Deviation8,546,560
Median363,000
Standard Deviation11,125,832
Sample Variance123.8T
Range43.4M
R-Value0.56
Mean Square Error90.9T
R-Squared0.32
Significance0.03
Slope1,402,399
Total Sum of Squares1733T

DXP Tax Provision History

202424.9 M
202323.7 M
202217.8 M
20213.4 M
2020-18.4 M
201910.9 M
201813.2 M

About DXP Enterprises Financial Statements

DXP Enterprises stakeholders use historical fundamental indicators, such as DXP Enterprises' Tax Provision, to determine how well the company is positioned to perform in the future. Although DXP Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in DXP Enterprises' assets and liabilities are reflected in the revenues and expenses on DXP Enterprises' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DXP Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision23.7 M24.9 M

Also Currently Popular

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When determining whether DXP Enterprises is a strong investment it is important to analyze DXP Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DXP Enterprises' future performance. For an informed investment choice regarding DXP Stock, refer to the following important reports:
Check out the analysis of DXP Enterprises Correlation against competitors.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DXP Enterprises. If investors know DXP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DXP Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.365
Earnings Share
3.88
Revenue Per Share
108.784
Quarterly Revenue Growth
0.128
Return On Assets
0.0751
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.