NASDAQ : DORM
Dorman Products, Inc. — Financial statements
Consumer Discretionary · Auto Parts · United States
Last price 133.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.94B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Dorman Products, Inc. (DORM) reported revenue of 2.17B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.17B | 2.13B | 2.01B | 1.93B | 1.73B | 1.35B |
| Cost of Revenue | 1.28B | 1.23B | 1.20B | 1.24B | 1.17B | 882.33M |
| Gross Profit | 892.07M | 897.74M | 806.36M | 685.42M | 564.45M | 462.92M |
| Selling, General & Admin | 519.31M | 506.98M | 481.35M | 458.83M | 366.80M | 246.85M |
| Research & Development | 34.50M | 34.50M | 32.10M | 32.30M | 24.80M | 23.10M |
| Amortization of Goodwill & Intangibles | 6.34M | |||||
| Operating Expenses | 553.81M | 541.48M | 513.45M | 491.13M | 391.60M | 276.29M |
| Operating Income | 338.25M | 356.25M | 292.91M | 194.29M | 172.85M | 186.62M |
| Interest Expense | -27.40M | -28.57M | -39.73M | -48.06M | -15.58M | -2.16M |
| Other Non Operating Income (Expenses) | 14.59M | 4.47M | 3.07M | 1.80M | 735.00K | 377.00K |
| EBT Excluding Unusual Items | 330.36M | 332.15M | 256.25M | 148.03M | 158.00M | 184.84M |
| Impairment of Goodwill | -56.71M | -56.71M | ||||
| Other Unusual Items | 20.47M | -1.80M | -15.07M | |||
| Pretax Income | 273.65M | 275.44M | 256.25M | 168.50M | 156.20M | 169.77M |
| Income Tax Expense | 71.59M | 71.25M | 66.25M | 39.24M | 34.65M | 38.23M |
| Net Income | 202.06M | 204.19M | 190.00M | 129.26M | 121.55M | 131.53M |
| Net Income to Common | 202.06M | 204.19M | 190.00M | 129.26M | 121.55M | 131.53M |
| Shares Outstanding (Basic) | 30.06M | 30.54M | 30.80M | 31.45M | 31.43M | 31.81M |
| Shares Outstanding (Diluted) | 30.25M | 30.76M | 30.96M | 31.53M | 31.54M | 31.96M |
| EPS (Basic) | 6.72 | 6.69 | 6.17 | 4.11 | 3.87 | 4.13 |
| EPS (Diluted) | 6.68 | 6.64 | 6.14 | 4.10 | 3.85 | 4.12 |
| Free Cash Flow | 269.23M | 75.67M | 191.63M | 164.79M | 3.81M | 80.50M |
| Free Cash Flow Per Share | 8.90 | 2.46 | 6.19 | 5.23 | 0.12 | 2.52 |
| Gross Margin | 41.05% | 42.14% | 40.13% | 35.52% | 32.56% | 34.41% |
| Operating Margin | 15.57% | 16.72% | 14.58% | 10.07% | 9.97% | 13.87% |
| Profit Margin | 9.30% | 9.59% | 9.46% | 6.70% | 7.01% | 9.78% |
| Free Cash Flow Margin | 12.39% | 3.55% | 9.54% | 8.54% | 0.22% | 5.98% |
| EBITDA | 393.86M | 411.99M | 349.61M | 249.02M | 217.53M | 221.81M |
| EBITDA Margin | 18.12% | 19.34% | 17.40% | 12.90% | 12.55% | 16.49% |
| D&A For EBITDA | 55.61M | 55.73M | 56.70M | 54.73M | 44.68M | 35.19M |
| EBIT | 338.25M | 356.25M | 292.91M | 194.29M | 172.85M | 186.62M |
| EBIT Margin | 15.57% | 16.72% | 14.58% | 10.07% | 9.97% | 13.87% |
| Effective Tax Rate | 26.16% | 25.87% | 25.85% | 23.29% | 22.18% | 22.52% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 167.00M | 49.44M | 57.14M | 36.81M | 46.03M | 58.78M |
| Cash & Short-Term Investments | 167.00M | 49.44M | 57.14M | 36.81M | 46.03M | 58.78M |
| Receivables | 628.40M | 479.25M | 573.79M | 526.87M | 427.38M | 472.76M |
| Inventory | 787.36M | 959.02M | 707.98M | 637.38M | 755.90M | 531.99M |
| Prepaid Expenses | 40.66M | 33.82M | 30.86M | 32.65M | 39.80M | 13.05M |
| Total Current Assets | 1.62B | 1.52B | 1.37B | 1.23B | 1.27B | 1.08B |
| Property, Plant & Equipment | 265.30M | 281.58M | 283.00M | 263.59M | 258.45M | 173.89M |
| Long-Term Investments | 12.30M | 11.20M | 10.80M | 9.40M | 9.40M | |
| Goodwill | 387.33M | 387.33M | 442.89M | 443.89M | 443.04M | 197.33M |
| Other Intangible Assets | 241.37M | 257.08M | 278.21M | 301.56M | 322.41M | 178.81M |
| Long-Term Deferred Tax Assets | 5.79M | |||||
| Other Long-Term Assets | 41.41M | 33.26M | 33.68M | 38.86M | 39.37M | 37.10M |
| Total Assets | 2.56B | 2.49B | 2.42B | 2.29B | 2.34B | 1.67B |
| Accounts Payable | 180.17M | 185.12M | 231.81M | 176.66M | 179.82M | 177.39M |
| Accrued Expenses | 264.40M | 245.72M | 270.19M | 245.19M | 230.70M | 238.23M |
| Short-Term Debt | 13.96M | 92.76M | 239.36M | 239.36M | ||
| Current Portion of Long-Term Debt | 37.50M | 28.12M | 15.62M | 12.50M | ||
| Current Portion of Leases | 24.48M | 19.72M | 16.92M | 15.91M | 10.06M | |
| Total Current Liabilities | 444.57M | 492.83M | 563.80M | 547.15M | 678.29M | 665.05M |
| Long-Term Debt | 440.72M | 402.41M | 439.51M | 467.24M | 482.46M | |
| Long-Term Leases | 82.69M | 96.57M | 105.14M | 91.26M | 98.22M | 52.44M |
| Long-Term Deferred Tax Liabilities | 4.21M | 3.98M | 3.70M | 8.93M | 11.83M | 17.98M |
| Other Long-Term Liabilities | 21.71M | 20.22M | 18.89M | 9.63M | 28.35M | 4.92M |
| Total Liabilities | 993.90M | 1.02B | 1.13B | 1.12B | 1.30B | 740.38M |
| Common Stock | 296.00K | 304.00K | 306.00K | 313.00K | 314.00K | 316.00K |
| Additional Paid-In Capital | 148.86M | 137.11M | 119.08M | 101.05M | 88.75M | 77.45M |
| Retained Earnings | 1.42B | 1.34B | 1.18B | 1.07B | 956.87M | 856.41M |
| Comprehensive Income & Other | -4.97M | -4.52M | -6.78M | -2.59M | -3.30M | -1.44M |
| Shareholders' Equity | 1.56B | 1.48B | 1.29B | 1.17B | 1.04B | 932.74M |
| Total Liabilities & Equity | 2.56B | 2.49B | 2.42B | 2.29B | 2.34B | 1.67B |
| Total Debt | 523.40M | 560.96M | 606.46M | 683.80M | 848.46M | 301.87M |
| Net Cash (Debt) | -356.40M | -511.53M | -549.32M | -646.99M | -802.43M | -243.09M |
| Net Cash Per Share | -11.78 | -16.63 | -17.75 | -20.52 | -25.44 | -7.61 |
| Filing Date Shares Outstanding | 29.49M | 30.18M | 30.58M | 31.09M | 31.45M | 31.55M |
| Total Common Shares Outstanding | 29.57M | 30.39M | 30.57M | 31.30M | 31.43M | 31.61M |
| Working Capital | 1.18B | 1.03B | 805.96M | 686.56M | 590.83M | 411.53M |
| Book Value Per Share | 52.91 | 48.60 | 42.32 | 37.32 | 33.17 | 29.51 |
| Tangible Book Value | 936.25M | 832.66M | 572.37M | 422.76M | 277.19M | 556.60M |
| Tangible Book Value Per Share | 31.66 | 27.40 | 18.73 | 13.51 | 8.82 | 17.61 |
| Buildings | 65.40M | 67.04M | 62.43M | 59.98M | 58.79M | |
| Machinery | 268.23M | 242.20M | 225.17M | 196.41M | 154.30M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 202.06M | 204.19M | 190.00M | 129.26M | 121.55M | 131.53M |
| Depreciation & Amortization | 55.61M | 55.73M | 56.70M | 54.73M | 44.68M | 35.19M |
| Asset Writedown & Restructuring Costs | 56.71M | 56.71M | ||||
| Loss (Gain) From Sale of Investments | -2.21M | |||||
| Stock-Based Compensation | 22.99M | 19.64M | 15.01M | 11.48M | 9.37M | 8.23M |
| Provision & Write-off of Bad Debts | 92.00K | 332.00K | 90.00K | 4.59M | 86.00K | 181.00K |
| Other Operating Activities | -10.28M | 6.15M | -10.84M | -23.43M | -6.00M | -14.39M |
| Change in Accounts Receivable | -107.96M | 94.41M | -47.23M | -104.02M | 48.48M | 10.92M |
| Change in Inventory | 118.75M | -250.37M | -72.09M | 118.61M | -133.79M | -153.82M |
| Change in Accounts Payable | -34.62M | -47.75M | 55.71M | -3.14M | -5.54M | 47.00M |
| Change in Other Net Operating Assets | 1.46M | -25.40M | 43.69M | 20.67M | -37.14M | 35.50M |
| Operating Cash Flow | 302.59M | 113.63M | 231.05M | 208.76M | 41.69M | 100.34M |
| Capital Expenditures | -33.36M | -37.97M | -39.42M | -43.97M | -37.88M | -19.84M |
| Cash Acquisitions | -4.50M | 100.00K | 67.00K | -488.96M | -345.48M | |
| Investment in Securities | 7.21M | |||||
| Investing Cash Flow | -30.65M | -37.97M | -39.32M | -43.90M | -526.84M | -365.32M |
| Short-Term Debt Issued | 10.00M | 252.36M | ||||
| Long-Term Debt Issued | 500.00M | |||||
| Total Debt Issued | 465.00M | 510.00M | 252.36M | |||
| Short-Term Debt Repaid | -13.96M | -78.80M | -146.60M | -10.00M | -13.00M | |
| Long-Term Debt Repaid | -28.12M | -15.62M | -12.50M | -3.12M | ||
| Total Debt Repaid | -471.25M | -42.09M | -94.42M | -159.10M | -13.12M | -13.00M |
| Net Debt Issued (Repaid) | -6.25M | -42.09M | -94.42M | -159.10M | 496.88M | 239.36M |
| Issuance of Common Stock | 2.17M | 3.70M | 4.71M | 1.17M | 1.18M | 3.72M |
| Repurchase of Common Stock | -144.12M | -45.30M | -81.06M | -16.18M | -19.93M | -62.65M |
| Other Financing Activities | -12.40M | -200.00K | -5.62M | -12.20M | ||
| Financing Cash Flow | -160.60M | -83.69M | -170.98M | -174.11M | 472.50M | 168.24M |
| Foreign Exchange Rate Adjustments | 157.00K | 323.00K | -424.00K | 32.00K | -93.00K | -44.00K |
| Net Cash Flow | 111.50M | -7.70M | 20.32M | -9.22M | -12.75M | -96.79M |
| Free Cash Flow | 269.23M | 75.67M | 191.63M | 164.79M | 3.81M | 80.50M |
| Free Cash Flow Margin | 12.39% | 3.55% | 9.54% | 8.54% | 0.22% | 5.98% |
| Free Cash Flow Per Share | 8.90 | 2.46 | 6.19 | 5.23 | 0.12 | 2.52 |
| Levered Free Cash Flow | 206.82M | 11.58M | 154.95M | 151.16M | -95.93M | -13.13M |
| Unlevered Free Cash Flow | 223.94M | 29.44M | 179.78M | 181.20M | -86.19M | -11.78M |
| Cash Interest Paid | 19.71M | 27.36M | 38.71M | 49.51M | 11.65M | 1.78M |
| Cash Income Tax Paid | 76.43M | 68.63M | 56.70M | 35.47M | 62.86M | 46.23M |
| Change in Working Capital | -22.38M | -229.12M | -19.92M | 32.12M | -127.99M | -60.41M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.01B | 3.77B | 3.95B | 2.63B | 2.54B | 3.37B |
| Enterprise Value | 4.37B | 4.26B | 4.54B | 3.30B | 2.82B | 3.61B |
| Last Close Price | 136.01 | 123.19 | 129.55 | 83.41 | 80.87 | 106.42 |
| PE Ratio | 20.36 | 18.44 | 20.81 | 20.32 | 20.90 | 25.59 |
| Forward PE | 15.75 | 13.53 | 17.39 | 16.62 | 15.97 | 20.20 |
| PS Ratio | 1.85 | 1.77 | 1.97 | 1.36 | 1.47 | 2.50 |
| PB Ratio | 2.57 | 2.55 | 3.06 | 2.25 | 2.44 | 3.61 |
| P/TBV Ratio | 4.28 | 4.52 | 6.91 | 6.21 | 9.17 | 6.05 |
| P/FCF Ratio | 14.90 | 49.76 | 20.63 | 15.94 | 667.76 | 41.81 |
| P/OCF Ratio | 13.26 | 33.13 | 17.11 | 12.58 | 60.95 | 33.54 |
| PEG Ratio | 2.35 | 0.81 | 1.74 | 1.43 | 1.43 | 1.43 |
| EV/Sales Ratio | 2.01 | 2.00 | 2.26 | 1.71 | 1.63 | 2.68 |
| EV/EBITDA Ratio | 11.09 | 10.35 | 12.98 | 13.23 | 12.96 | 16.27 |
| EV/EBIT Ratio | 12.91 | 11.97 | 15.49 | 16.96 | 16.31 | 19.34 |
| EV/FCF Ratio | 16.22 | 56.36 | 23.68 | 20.00 | 741.00 | 44.85 |
| Debt / Equity Ratio | 0.33 | 0.38 | 0.47 | 0.58 | 0.81 | 0.32 |
| Debt / EBITDA Ratio | 1.20 | 1.25 | 1.61 | 2.46 | 3.52 | 1.29 |
| Debt / FCF Ratio | 1.94 | 7.41 | 3.17 | 4.15 | 222.99 | 3.75 |
| Net Debt / Equity Ratio | 0.23 | 0.35 | 0.42 | 0.55 | 0.77 | 0.26 |
| Net Debt / EBITDA Ratio | 0.91 | 1.24 | 1.57 | 2.60 | 3.69 | 1.10 |
| Net Debt / FCF Ratio | 1.32 | 6.76 | 2.87 | 3.93 | 210.89 | 3.02 |
| Asset Turnover | 0.85 | 0.87 | 0.85 | 0.83 | 0.86 | 0.93 |
| Inventory Turnover | 1.52 | 1.48 | 1.79 | 1.79 | 1.82 | 2.12 |
| Quick Ratio | 1.79 | 1.07 | 1.12 | 1.03 | 0.70 | 0.80 |
| Current Ratio | 3.65 | 3.09 | 2.43 | 2.25 | 1.87 | 1.62 |
| Return on Equity (ROE) | 13.26% | 14.74% | 15.44% | 11.69% | 12.31% | 14.73% |
| Return on Assets (ROA) | 8.27% | 9.06% | 7.76% | 5.24% | 5.38% | 8.06% |
| Return on Invested Capital (ROIC) | 13.03% | 13.79% | 11.87% | 8.14% | 8.91% | 15.09% |
| Return on Capital Employed (ROCE) | 16.00% | 17.80% | 15.70% | 11.10% | 10.40% | 18.50% |
| Earnings Yield | 4.91% | 5.42% | 4.81% | 4.92% | 4.78% | 3.91% |
| FCF Yield | 6.71% | 2.01% | 4.85% | 6.27% | 0.15% | 2.39% |
| Buyback Yield / Dilution | 1.64% | 0.65% | 1.83% | 0.03% | 1.31% | 1.27% |