Dorman Products, Inc. (DORM) Stock Analysis
Consumer Cyclical · Auto Parts · NasdaqGS
Dorman Products, Inc. (DORM) posted $2.13B in revenue for fiscal 2025 (up 6.0% year over year), at a 9.6% net margin, and has compounded revenue about 14.3%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Dorman Products, Inc.
Dorman Products, Inc. has grown revenue from $859.60M to $2.13B over the last 10 fiscal years, compounding about 14.3% a year. The most recent year was up 6%, so growth has cooled from its longer-run pace.
Net margin sits at 9.6% on a 42.1% gross margin. It carries about $440.63M of total debt.
At today's valuation the market is pricing in roughly 20.2% annual free-cash-flow growth — versus the -11.1% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is inventory building faster than sales.
Synthesised from Dorman Products, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Dorman Products, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $859.60M | $903.22M | $973.71M | $991.33M | $1.09B | $1.35B | $1.73B | $1.93B | $2.01B | $2.13B |
| Gross profit | $338.07M | $358.65M | $373.28M | $339.82M | $383.12M | $462.92M | $564.45M | $685.42M | $806.36M | $897.74M |
| Net income | $106.05M | $106.60M | $133.60M | $83.76M | $106.87M | $131.53M | $121.55M | $129.26M | $190.00M | $204.19M |
| Net margin | 12.3% | 11.8% | 13.7% | 8.4% | 9.8% | 9.8% | 7.0% | 6.7% | 9.5% | 9.6% |
Source: Dorman Products, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Dorman Products, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Inventory building faster than salesInventory rose 35.5% versus revenue 6.0% — possible overproduction or softening demand.
What growth is priced into DORM stock?
At today's market cap of $3.78B, Dorman Products, Inc. is priced for free-cash-flow growth of about 20.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $75.67M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -11.1%/yr over the last five fiscal years and revenue 14.3%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Dorman Products, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Dorman Products, Inc. financial history by metric
Compare Dorman Products, Inc. with peers
About Dorman Products, Inc.
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.
Dorman Products, Inc. — frequently asked questions
What is Dorman Products, Inc.'s revenue?
Dorman Products, Inc. (DORM) reported revenue of $2.13B for fiscal year 2025, up 6.0% from the prior year, according to its SEC filings.
Is Dorman Products, Inc. profitable?
Yes. DORM earned net income of $204.19M in fiscal 2025, a net margin of 9.6%.
What is DORM's P/E ratio?
Dorman Products, Inc. trades at a price-to-earnings ratio of about 20.4 based on the latest data in our nightly-refreshed cache.
How fast is Dorman Products, Inc. growing?
DORM's revenue grew at roughly 14.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Dorman Products, Inc. have?
As of fiscal year 2025, DORM carried roughly $440.63M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Dorman Products, Inc.'s gross margin?
DORM's gross margin was 42.1% in fiscal 2025 — gross profit of $897.74M on revenue of $2.13B.
What is Dorman Products, Inc.'s market cap?
Dorman Products, Inc. (DORM) has a market capitalization of about $3.78B, based on the latest data in our nightly-refreshed cache.
When does Dorman Products, Inc.'s fiscal year end?
DORM's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into DORM stock?
At today's market cap of $3.78B, Dorman Products, Inc. is priced for free-cash-flow growth of about 20.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $75.67M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -11.1%/yr over the last five fiscal years and revenue 14.3%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Dorman Products, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.