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Dorman Products, Inc. DORM R2K

Consumer Cyclical · Auto Parts · United States
https://www.dormanproducts.com

Dorman Products, Inc. supplies replacement and upgrade parts for the motor vehicle aftermarket industry in the United States and internationally. It operates through segments Light Duty, Heavy Duty, and Specialty Vehicle segments. The company offers engine products, including intake and exhaust manifolds, oil filters and coolers, fans, thermostat housings, and throttle bodies; undercar products, such as fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, transmission, and axle components; steering and suspension products comprising control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, including door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products, such as new and remanufactured modules, clusters and sensors; and hardware products consisting of threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise. It also provides OE FIX solutions, including exhaust manifolds, metal heater hose connectors, and aluminum oil filter housings; and intake manifolds, exhaust manifolds, oil filters and coolers, exhaust gas recirculation coolers, driveshafts, UTV windshields, and complex electronics modules. The company markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands through aftermarket retailers, dealers, and national, regional, and local wholesale distributors and specialty markets. Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.

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$123.92
-4.17% 1Y

Market & Price

Market Cap
$3.70B
Current Price
$123.92
High / Low (52W)
$166.34 / $100.50
Beta
0.97

Valuation

Stock P/E
19.99
Industry PE
22.37
Forward P/E
13.22
PEG Ratio
1.17
Book Value
$48.60
Price to Book
2.55
P/S
1.72
EV/EBITDA
10.82
Dividend Yield
-

Profitability & Returns

ROCE
15.20%
ROE
13.57%
ROA
8.56%
Profit Margin
8.84%
Op Margin
13.52%
EPS (Latest Qtr)
$1.43
EPS (TTM)
$6.20

Balance Sheet & Liquidity

Debt/Equity
0.37
Quick Ratio
1.22
Current Ratio
3.29
Debt
$548.24M
Total Assets
$2.49B
Current Assets
$1.52B
Working Capital
$1.03B

Ownership

Promoter Holding
12.73%
Chg in Prom Hold
-
FII / Inst Holding
91.11%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$4.21B
Total Revenue (TTM)
$2.15B
EBITDA
$388.97M
Free Cash Flow
$6.22M
Operating Cash Flow
$106.16M
Shares Outstanding
29.88M
Gross Margin
40.91%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
7.11%
Profit 5Y
18.88%
Revenue (YoY)
4.20%
Earnings (YoY)
-23.50%

PROS

  • Profit CAGR of 18.9% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 25.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DORM Dorman Products, Inc. R2K 123.92 19.99 $3.70B - 15.20% 13.57% 7.11% 18.88%
2 AMZN Amazon.com, Inc. NDXSPXAI 270.64 31.65 $2.91T - 16.60% 24.29% 11.73% 984.47%
3 TSLA Tesla, Inc. NDXSPXAI 435.79 399.81 $1.64T - 5.29% 4.90% 5.19% -32.94%
4 HD The Home Depot, Inc. SPX 317.14 22.52 $316.23B 2.94% 28.92% 128.38% 1.52% -6.11%
5 MCD McDonald's Corporation SPX 279.20 23.04 $198.37B 2.66% 22.63% - 5.06% 11.50%
6 TJX The TJX Companies, Inc. SPX 154.75 30.11 $171.12B 1.24% 32.91% 61.25% 6.53% 16.24%
7 BKNG Booking Holdings Inc. NDXSPX 167.43 22.09 $129.74B 0.96% 67.24% - 16.35% 20.90%
8 LOW Lowe's Companies, Inc. SPX 214.36 18.12 $120.26B 2.24% 29.62% - -3.85% 1.11%
9 PDD PDD Holdings Inc. NDX 84.44 8.87 $120.19B - 28.69% 25.40% 49.00% 45.85%
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Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Apr 2017Jul 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Apr 2023Jul 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --------221.62M229.26M224.62M227.72M227.26M238.15M247.95M260.34M243.79M254.18M253.80M239.57M257.73M233.18M300.62M288.01M310.63M348.43M401.58M417.42M413.47M466.74M480.57M488.19M468.70M502.95M503.77M507.69M540.96M543.74M537.93M528.77M
Cost of Revenue -----------------------------------299.98M321.45M302.31M308.84M338.62M
Gross Profit 72.89M76.57M80.79M-80.59M82.16M83.14M-88.74M90.85M88.13M-88.64M92.70M95.00M-87.49M87.15M86.92M-84.80M79.15M107.80M104.52M110.12M116.85M133.24M141.53M131.91M144.48M163.51M183.22M181.45M199.40M203.80M207.71M219.51M241.43M229.09M190.16M
Operating Expenses -----------------------------------127.63M137.03M135.68M141.14M131.37M
Operating Income 33.65M36.90M41.24M34.37M38.93M40.99M41.63M47.05M45.04M45.00M42.79M43.41M39.99M42.78M43.73M44.64M29.74M27.22M26.96M21.90M25.06M17.62M44.77M41.65M40.61M44.19M46.71M49.47M42.10M18.11M55.20M64.21M54.44M72.45M79.27M80.07M82.48M105.75M87.95M58.78M
EBITDA -----------------------------------95.28M97.94M121.17M45.36M76.03M
Interest Expense -----------------------------------7.36M7.18M7.21M6.83M5.81M
Pretax Income -----------------------------------74.08M76.84M99.93M24.60M56.22M
Tax Provision -----------------------------------16.57M18.13M23.51M13.04M12.67M
Net Income 21.34M23.14M26.06M21.79M24.67M25.98M26.70M28.70M29.19M28.44M27.01M21.97M30.65M34.34M34.02M34.60M23.41M21.50M21.31M17.55M22.77M13.88M34.26M32.73M31.62M33.10M35.21M37.91M30.60M5.68M32.77M40.52M32.83M47.41M55.25M57.51M58.71M76.42M11.56M43.55M
Diluted EPS 0.600.650.730.620.710.750.770.830.850.830.800.650.931.031.031.050.710.660.650.540.700.431.061.020.991.041.111.200.970.181.041.281.051.531.801.871.912.480.381.43

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------859.60M903.22M973.71M991.33M1.09B1.35B1.73B1.93B2.01B2.13B
Cost of Revenue -------------1.17B1.24B1.20B1.23B
Gross Profit 131.79M168.93M189.27M215.21M260.97M287.20M308.05M338.07M358.65M373.28M339.82M383.12M462.92M564.45M685.42M806.36M897.74M
Operating Expenses -------------393.40M470.66M513.45M541.48M
Operating Income 43.67M76.81M87.64M104.23M127.94M140.73M146.16M168.60M176.24M171.14M105.83M133.37M171.55M171.05M214.76M292.91M356.25M
EBITDA -------------216.46M271.29M352.68M359.75M
Interest Expense -------------15.58M48.06M39.73M28.57M
Pretax Income -------------156.20M168.50M256.25M275.44M
Tax Provision -------------34.65M39.24M66.25M71.25M
Net Income 26.50M46.14M53.28M70.96M81.92M89.99M92.33M106.05M106.60M133.60M83.76M106.87M131.53M121.55M129.26M190.00M204.19M
Diluted EPS 1.471.271.471.942.242.492.603.073.134.022.563.304.123.854.106.146.64
R&D Expense -4.60M8.60M10.50M13.40M15.80M16.80M----------

Compounded Sales Growth

5 Years:7.11%
1 Year:4.20%

Compounded Profit Growth

5 Years:18.88%
1 Year:-23.50%

Stock Price Performance

1 Year:-4.17%
6 Months:-8.53%
3 Months:+5.14%
1 Month:+12.58%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --323.16M376.69M412.68M529.17M557.72M621.87M711.79M765.92M978.11M1.04B1.22B-2.34B2.29B2.42B2.49B
Current Assets --------------1.27B1.23B1.37B1.52B
Cash & Equivalents 5.82M10.63M30.46M50.20M27.71M60.59M47.66M78.66M149.12M71.69M43.46M68.35M155.58M-46.03M36.81M57.14M49.44M
Inventory --------------755.90M637.38M707.98M959.02M
Receivables --------------427.38M526.87M573.79M479.25M
Total Liabilities --------------1.30B1.12B1.13B1.02B
Current Liabilities --48.16M44.55M63.69M91.74M90.83M98.57M103.85M110.78M232.14M220.50M322.64M-678.29M547.15M563.80M492.83M
Long Term Debt --------------482.46M467.24M439.51M402.41M
Total Debt --------------832.55M666.89M586.74M536.48M
Total Equity 187.84M215.34M263.15M317.10M332.87M413.64M462.06M518.04M601.64M634.81M727.62M773.58M853.56M-1.04B1.17B1.29B1.48B
Shares Outstanding --------------31.43M31.30M30.57M30.39M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 27.58M30.72M38.06M48.91M61.56M59.64M-121.54M94.24M78.11M95.31M151.97M-41.69M208.76M231.05M113.63M
Investing Cash Flow -7.83M-11.45M-18.10M-18.08M-26.56M-29.86M--26.25M-94.44M-59.15M-29.56M-30.26M--526.84M-43.90M-39.32M-37.97M
Financing Cash Flow -15.34M449.00K-4.00K-53.39M-2.11M-42.72M--24.82M-77.27M-46.94M-40.85M-34.48M-472.50M-174.11M-170.98M-83.69M
Capital Expenditure -7.83M-11.45M-18.10M-18.08M-24.67M-29.86M-21.69M-20.06M-24.45M-26.11M-29.56M-15.45M--37.88M-43.97M-39.42M-37.97M
Free Cash Flow 19.75M19.26M19.96M30.83M36.89M29.78M-101.48M69.79M52.01M65.75M136.52M-3.81M164.79M191.63M75.67M
Net Change in Cash --------------12.65M-9.25M20.75M-8.02M
Dividends Paid ---54.72M-------------

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------39.3%39.7%38.3%34.3%35.1%34.4%32.6%35.5%40.1%42.1%
Operating Margin % -------19.6%19.5%17.6%10.7%12.2%12.8%9.9%11.1%14.6%16.7%
Net Margin % -------12.3%11.8%13.7%8.4%9.8%9.8%7.0%6.7%9.5%9.6%
ROE % 12.3%17.5%16.8%21.3%19.8%19.5%17.8%17.6%16.8%18.4%10.8%12.5%-11.7%11.1%14.7%13.8%
ROCE % -27.9%26.4%29.9%29.2%30.1%27.9%27.7%26.9%22.9%12.9%14.9%-10.3%12.3%15.7%17.8%

Shareholding Pattern

Insiders
12.73%
Institutions
91.11%
Public Float
104.39%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 13.41% 4.01M $496.58M
2 Vanguard Portfolio Management LLC 5.04% 1.50M $186.45M
3 Morgan Stanley 4.74% 1.42M $175.36M
4 Vanguard Capital Management LLC 4.14% 1.24M $153.35M
5 Dimensional Fund Advisors LP 3.68% 1.10M $136.23M
6 State Street Corporation 3.68% 1.10M $136.22M
7 Jennison Associates LLC 2.77% 826.28K $102.39M
8 Geode Capital Management, LLC 2.39% 713.19K $88.38M
9 Invesco Ltd. 2.13% 635.50K $78.75M
10 Royce & Associates LP 2.06% 616.66K $76.42M

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