Dorman Products Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Dorman Products has an operating margin of 14.6%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is up from 11.1% the prior year.
Dorman Products's revenue grew a modest 4.1% year-over-year to $2.0B. This slow but positive growth earns a score of 40/100.
Dorman Products carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.43, Dorman Products holds $2.43 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 77/100.
Dorman Products has a free cash flow margin of 9.5%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.
Dorman Products's ROE of 14.7% shows moderate profitability relative to equity, earning a score of 59/100. This is up from 11.1% the prior year.
Dorman Products scores 4.43, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Dorman Products passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Dorman Products generates $1.22 in operating cash flow ($231.0M OCF vs $190.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Dorman Products earns $7.4 in operating income for every $1 of interest expense ($292.9M vs $39.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Dorman Products (DORM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Dorman Products generated $2.0B in revenue in fiscal year 2024. This represents an increase of 4.1% from the prior year.
Dorman Products's EBITDA was $326.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.5% from the prior year.
Dorman Products generated $191.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 16.3% from the prior year.
Dorman Products reported $190.0M in net income in fiscal year 2024. This represents an increase of 47.0% from the prior year.
Dorman Products earned $6.14 per diluted share (EPS) in fiscal year 2024. This represents an increase of 49.8% from the prior year.
Dorman Products held $57.1M in cash against $439.5M in long-term debt as of fiscal year 2024.
Dorman Products had 31M shares outstanding in fiscal year 2024. This represents a decrease of 2.3% from the prior year.
Dorman Products's gross margin was 40.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 4.6 percentage points from the prior year.
Dorman Products's operating margin was 14.6% in fiscal year 2024, reflecting core business profitability. This is up 3.5 percentage points from the prior year.
Dorman Products's net profit margin was 9.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.8 percentage points from the prior year.
Dorman Products's ROE was 14.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.
Dorman Products invested $39.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 10.3% from the prior year.
DORM Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $543.7M+0.5% | $541.0M+6.6% | $507.7M-4.9% | $533.8M+6.1% | $503.0M+7.3% | $468.7M-5.2% | $494.3M+1.3% | $488.2M |
| Cost of Revenue | $302.3M-6.0% | $321.4M+7.2% | $300.0M-3.9% | $312.1M+2.8% | $303.6M+5.7% | $287.3M-4.3% | $300.1M-1.6% | $305.0M |
| Gross Profit | $241.4M+10.0% | $219.5M+5.7% | $207.7M-6.3% | $221.7M+11.2% | $199.4M+9.9% | $181.4M-6.6% | $194.2M+6.0% | $183.2M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $135.7M-1.0% | $137.0M+7.4% | $127.6M-5.4% | $135.0M+6.3% | $126.9M0.0% | $127.0M+8.6% | $117.0M-1.7% | $119.0M |
| Operating Income | $105.8M+28.2% | $82.5M+3.0% | $80.1M-7.7% | $86.7M+19.7% | $72.5M+33.1% | $54.4M-29.5% | $77.2M+20.3% | $64.2M |
| Interest Expense | $7.2M+0.3% | $7.2M-2.4% | $7.4M-19.7% | $9.2M-10.2% | $10.2M-3.8% | $10.6M-6.4% | $11.3M-7.3% | $12.2M |
| Income Tax | $23.5M+29.6% | $18.1M+9.4% | $16.6M-32.2% | $24.4M+63.2% | $15.0M+36.6% | $11.0M-31.8% | $16.1M+33.1% | $12.1M |
| Net Income | $76.4M+30.2% | $58.7M+2.1% | $57.5M+5.5% | $54.5M+15.0% | $47.4M+44.4% | $32.8M-34.7% | $50.3M+24.1% | $40.5M |
| EPS (Diluted) | $2.48+29.8% | $1.91+2.1% | $1.87+6.3% | $1.76+15.0% | $1.53+45.7% | $1.05-34.4% | $1.60+25.0% | $1.28 |
DORM Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B+3.3% | $2.5B+1.8% | $2.4B+0.1% | $2.4B+6.1% | $2.3B+3.0% | $2.2B-3.2% | $2.3B+1.4% | $2.3B |
| Current Assets | $1.5B+6.3% | $1.4B+3.7% | $1.4B+0.5% | $1.4B+11.1% | $1.2B+6.0% | $1.2B-5.7% | $1.2B+3.2% | $1.2B |
| Cash & Equivalents | $55.5M-2.4% | $56.8M-6.2% | $60.6M+6.1% | $57.1M+20.4% | $47.5M+37.9% | $34.4M-6.5% | $36.8M+15.2% | $32.0M |
| Inventory | $899.9M+12.7% | $798.2M+8.7% | $734.6M+3.8% | $708.0M+14.1% | $620.4M+0.1% | $620.0M-2.7% | $637.4M+1.9% | $625.6M |
| Accounts Receivable | $520.6M-2.2% | $532.1M-4.1% | $555.1M-3.3% | $573.8M+9.0% | $526.2M+8.2% | $486.4M-7.7% | $526.9M+8.8% | $484.4M |
| Goodwill | $443.8M-0.1% | $444.3M+0.3% | $443.2M+0.1% | $442.9M0.0% | $443.0M-0.1% | $443.3M-0.1% | $443.9M+0.2% | $443.2M |
| Total Liabilities | $1.1B-0.2% | $1.1B-1.7% | $1.1B-3.6% | $1.1B+4.3% | $1.1B+3.7% | $1.0B-7.0% | $1.1B-0.7% | $1.1B |
| Current Liabilities | $516.7M-0.6% | $520.1M-1.2% | $526.2M-6.7% | $563.8M+9.7% | $514.1M+10.4% | $465.6M-14.9% | $547.2M+2.6% | $533.0M |
| Long-Term Debt | $421.1M-2.2% | $430.3M-2.1% | $439.6M0.0% | $439.5M-4.7% | $461.2M-1.3% | $467.3M0.0% | $467.2M-1.3% | $473.4M |
| Total Equity | $1.5B+5.9% | $1.4B+4.7% | $1.3B+3.4% | $1.3B+7.7% | $1.2B+2.3% | $1.2B+0.5% | $1.2B+3.6% | $1.1B |
| Retained Earnings | $1.4B+5.9% | $1.3B+4.5% | $1.2B+3.9% | $1.2B+7.5% | $1.1B+2.1% | $1.1B+0.6% | $1.1B+3.4% | $1.0B |
DORM Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $12.2M+42.8% | $8.5M-83.3% | $51.2M-28.3% | $71.4M+12.7% | $63.3M+21.9% | $52.0M-12.9% | $59.6M+6.1% | $56.2M |
| Capital Expenditures | $10.4M+22.9% | $8.4M-23.1% | $11.0M+34.4% | $8.2M-31.5% | $11.9M+11.0% | $10.8M-2.5% | $11.0M+14.1% | $9.7M |
| Free Cash Flow | $1.8M+1759.2% | $98K-99.8% | $40.3M-36.4% | $63.2M+23.0% | $51.4M+24.7% | $41.2M-15.2% | $48.6M+4.4% | $46.6M |
| Investing Cash Flow | -$10.4M-22.9% | -$8.4M+23.1% | -$11.0M-36.0% | -$8.1M+32.3% | -$11.9M-11.0% | -$10.8M+2.5% | -$11.0M-14.1% | -$9.7M |
| Financing Cash Flow | -$3.1M+22.6% | -$4.0M+89.0% | -$36.8M+27.7% | -$50.9M-32.8% | -$38.4M+11.9% | -$43.6M+0.5% | -$43.8M+12.8% | -$50.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DORM Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.4%+3.8pp | 40.6%-0.3pp | 40.9%-0.6pp | 41.5%+1.9pp | 39.6%+0.9pp | 38.7%-0.6pp | 39.3%+1.8pp | 37.5% |
| Operating Margin | 19.4%+4.2pp | 15.3%-0.5pp | 15.8%-0.5pp | 16.3%+1.8pp | 14.4%+2.8pp | 11.6%-4.0pp | 15.6%+2.5pp | 13.2% |
| Net Margin | 14.1%+3.2pp | 10.8%-0.5pp | 11.3%+1.1pp | 10.2%+0.8pp | 9.4%+2.4pp | 7.0%-3.2pp | 10.2%+1.9pp | 8.3% |
| Return on Equity | 5.1%+1.0pp | 4.2%-0.1pp | 4.3%+0.1pp | 4.2%+0.3pp | 4.0%+1.1pp | 2.8%-1.5pp | 4.3%+0.7pp | 3.6% |
| Return on Assets | 3.0%+0.6pp | 2.4%+0.0pp | 2.4%+0.1pp | 2.3%+0.2pp | 2.1%+0.6pp | 1.5%-0.7pp | 2.2%+0.4pp | 1.8% |
| Current Ratio | 2.94+0.2 | 2.74+0.1 | 2.62+0.2 | 2.43+0.0 | 2.40-0.1 | 2.50+0.2 | 2.25+0.0 | 2.24 |
| Debt-to-Equity | 0.28-0.0 | 0.31-0.0 | 0.33-0.0 | 0.34-0.0 | 0.38-0.0 | 0.400.0 | 0.40-0.0 | 0.42 |
| FCF Margin | 0.3%+0.3pp | 0.0%-7.9pp | 7.9%-3.9pp | 11.8%+1.6pp | 10.2%+1.4pp | 8.8%-1.0pp | 9.8%+0.3pp | 9.5% |
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Frequently Asked Questions
What is Dorman Products's annual revenue?
Dorman Products (DORM) reported $2.0B in total revenue for fiscal year 2024. This represents a 4.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dorman Products's revenue growing?
Dorman Products (DORM) revenue grew by 4.1% year-over-year, from $1.9B to $2.0B in fiscal year 2024.
Is Dorman Products profitable?
Yes, Dorman Products (DORM) reported a net income of $190.0M in fiscal year 2024, with a net profit margin of 9.5%.
What is Dorman Products's earnings per share (EPS)?
Dorman Products (DORM) reported diluted earnings per share of $6.14 for fiscal year 2024. This represents a 49.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Dorman Products's EBITDA?
Dorman Products (DORM) had EBITDA of $326.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dorman Products have?
As of fiscal year 2024, Dorman Products (DORM) had $57.1M in cash and equivalents against $439.5M in long-term debt.
What is Dorman Products's gross margin?
Dorman Products (DORM) had a gross margin of 40.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dorman Products's operating margin?
Dorman Products (DORM) had an operating margin of 14.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Dorman Products's net profit margin?
Dorman Products (DORM) had a net profit margin of 9.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Dorman Products's return on equity (ROE)?
Dorman Products (DORM) has a return on equity of 14.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Dorman Products's free cash flow?
Dorman Products (DORM) generated $191.6M in free cash flow during fiscal year 2024. This represents a 16.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dorman Products's operating cash flow?
Dorman Products (DORM) generated $231.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Dorman Products's total assets?
Dorman Products (DORM) had $2.4B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Dorman Products's capital expenditures?
Dorman Products (DORM) invested $39.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Dorman Products have outstanding?
Dorman Products (DORM) had 31M shares outstanding as of fiscal year 2024.
What is Dorman Products's current ratio?
Dorman Products (DORM) had a current ratio of 2.43 as of fiscal year 2024, which is generally considered healthy.
What is Dorman Products's debt-to-equity ratio?
Dorman Products (DORM) had a debt-to-equity ratio of 0.34 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dorman Products's return on assets (ROA)?
Dorman Products (DORM) had a return on assets of 7.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Dorman Products's Altman Z-Score?
Dorman Products (DORM) has an Altman Z-Score of 4.43, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dorman Products's Piotroski F-Score?
Dorman Products (DORM) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dorman Products's earnings high quality?
Dorman Products (DORM) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Dorman Products cover its interest payments?
Dorman Products (DORM) has an interest coverage ratio of 7.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Dorman Products?
Dorman Products (DORM) scores 66 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.