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DMC Global Inc. (BOOM) stock

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NASDAQ: BOOM Nasdaq Oil & Gas Equipment & Services Next results ~January 25, 2027

C+ Fundamentals grade

DMC Global Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$14

Price-to-sales vs peers

Base case. Range ~$14–$57. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

DMC Global Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds72 adding, 59 cuttingOf 31 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter DMC Global files

Where DMC Global stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $609m, down 1.6% on a year earlier, a smaller fall than the 5.2% decline a quarter earlier. Free-cash-flow margin fell to 2.0% from 5.4% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 7 financial-health checks. Our cash-flow model value is $14.22 a share, against a share price of $8.55. At that price, our model says the market is pricing in cash flow shrinking about 2.6% a year for five years, slower than the 18.5% a year revenue growth it has delivered.

Source: 10-Q filed October 27, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 25, 2027 (estimated)

DMC Global Inc.'s trailing-twelve-month revenue fell 1.6% year on year, with a free-cash-flow margin of 2.0%. Where it stands out: stock pay as % of revenue of 0.3% ranks 5 of 32 oil & gas equipment & services companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 62.9% while net income fell 252.1%: a 189pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in DMC Global Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 1.6% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 87% and a beta of 1.1 against the S&P 500.
  • Below peers: net margin. Net margin of -1.2% ranks 28 of 35 oil & gas equipment & services companies we cover (median 2.6%).
  • Below peers: operating margin. Operating margin of 0.7% ranks 25 of 32 oil & gas equipment & services companies we cover (median 7.2%).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 5.5% over 90 days.

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$0.48 against an average estimate of $0.10: beat by 357.1%
Revenue
$173m, up 14.1% on a year earlier
Share reaction
+43.9% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
sales $154m to $164m (fourth quarter); adjusted EBITDA attributable to DMC $10m to $13m (fourth quarter)
Next report
October 27, 2026; average EPS estimate $0.11

DMC Global's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.2%
  • 1 week+72.1%
  • 1 month+59.3%
  • This year+38.1%
  • 1 year+14.6%
  • 5 years-77.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$609M
Operating margin
0.7%
Net margin
-1.2%
EPS (TTM, diluted)
$-0.35

Growth

Revenue growth
−1.6%
Change in growth rate
+3.6 pts
Share count change
+1.0%

Cash

Free cash flow (TTM)
$12.4M
FCF margin
2.0%
Stock pay % of revenue
0.3%

Earnings

Last results
October 27, 2026
Next results (est.)
January 25, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

DMC Global Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value DMC Global Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$14 ~$20–$57 Included, half weight
Cash-flow model (DCF) Free cash flow after stock pay, grown then faded to 2.5%, discounted at 8.5%. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: Noncontrolling ownership is material. Its fair value and share of cash flow must be valued separately; a book-value deduction is insufficient.
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$14 ~$14–$57 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare DMC Global Inc. with Oil & Gas Equipment & Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$6.80$15.55$24.71$34.72$44.71$43.25$39.61$19.44$18.82$7.35$6.69$9.24
Market value$95m$220m$354m$508m$655m$640m$698m$377m$367m$145m$133m$186m
+ Net debt (− = net cash)$21m$9m$9m$28m−$6m−$17m$117m$108m$85m$57m$19m$14m
Enterprise value$115m$229m$363m$536m$649m$623m$814m$484m$452m$201m$152m$199m
Multiples
Price / sales 0.6x1.4x1.8x1.6x1.6x2.8x2.7x0.6x0.5x0.2x0.2x0.3x
Price / earnings ———16.7x19.2x——30.7x14.0x———
Price / free cash flow —17.6xn/m—17.5x38.7x—14.3x7.4x4.9x3.6x14.9x
EV / EBITDA —154.5x—11.4x9.5x61.8x79.1x6.0x4.6x—4.5x5.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

26 /100

Weak moat

How hard DMC Global's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.0% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 28.3%, moving by 4.4 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 1.3%; its worst year was -18.3%.

  • Cash conversion 8 / 20

    Free cash flow was positive in 6 of 10 years, at a median 2.9% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 20.8% over five years; stock-based pay has been a median 1.2% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.35 +200% $626m +3%
Next $0.52 +47% $663m +6%

Next year's EPS estimate has moved −5.5% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −1850.0% on 90 days ago. In the last 30 days, 2 analysts raised DMC Global Inc.'s forecast and 0 cut it.

Consensus EPS forecast DMC Global Inc., last 90 days
−$0.20 $0.00 $0.20 $0.40 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.02 Current fiscal year, 60 days ago: −$0.06 Current fiscal year, 30 days ago: −$0.06 Current fiscal year, 7 days ago: −$0.06 Current fiscal year, Now: $0.35 $0.35 Next fiscal year, 90 days ago: $0.55 Next fiscal year, 60 days ago: $0.43 Next fiscal year, 30 days ago: $0.43 Next fiscal year, 7 days ago: $0.43 Next fiscal year, Now: $0.52 $0.52

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.02$0.55
60 days ago −$0.06$0.43
30 days ago −$0.06$0.43
7 days ago −$0.06$0.43
Now $0.35$0.52

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.10 $0.48 +357.1%
Jun 2026 −$0.13 $0.04 +132.0%
Mar 2026 −$0.33 −$0.28 +13.9%
Dec 2025 −$0.13 −$0.50 −300.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 27, 2026
  • sales fourth quarter $154m to $164m
    “Fourth quarter sales are expected to be in a range of $154 million to $164 million, with adjusted EBITDA attributable to DMC anticipated in a range of $10 million to $13 million.” source
  • adjusted EBITDA attributable to DMC fourth quarter $10m to $13m Non-GAAP
    “Fourth quarter sales are expected to be in a range of $154 million to $164 million, with adjusted EBITDA attributable to DMC anticipated in a range of $10 million to $13 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

2 analysts, Oct 2026
Buy150%
Hold150%
Sell00%

Monthly trend

  1. Oct 2026112
  2. Sep 2026112
  3. Aug 2026123
  4. Jul 2026123

Counts of recommendations published by analysts covering DMC Global Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.7%
of tradable shares
Days to cover
1.28
at average volume
Short interest, 1 month
−29%
to October 15, 2026
Held by institutions
74%
of shares
Held by insiders
7.3%
of shares
Employees
1,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +14.6%

$8.06 on October 31, 2025 to $9.24

ThenNowEffect
Revenue (last 12 months) $620m $588m −5.2%
P/S multiple 0.3x 0.3x +21.9%
Share count 20m 20m −0.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −46.0%

$17.10 on November 3, 2023 to $9.24

ThenNowEffect
Revenue (last 12 months) $723m $588m −18.7%
P/S multiple 0.5x 0.3x −31.7%
Share count 19m 20m −2.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BOOM−8%−51%−3%−61%−9%+38%
Industry peers (median)+9%+49%−7%−5%+3%+18%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BOOM42%50%58%25%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BOOM−49%−68%−43%−66%−39%−47%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 94% from June 5, 2019 to March 13, 2026. Getting back needed a 1484% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.73 – $9.35
From 52-week high
−1.2%
vs 50-day average
+47.6%
vs 200-day average
+40.6%
Volatility (1 year)
87%
Beta vs S&P 500
1.11

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±18.6%
After a week
3 up, 8 down
typical move ±17.0%
After a month
4 up, 7 down
typical move ±19.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 +43.9% +0.9% — —
July 29, 2026 +14.7% +0.1% +33.3% +28.0%
April 30, 2026 +33.7% +1.3% +16.5% +7.8%
February 23, 2026 −31.7% −0.3% −31.3% −42.8%
November 4, 2025 −22.0% −0.8% −23.6% −22.5%
August 5, 2025 −14.1% +0.3% −20.4% −10.5%
May 1, 2025 +13.7% +2.2% +5.1% +2.2%
February 24, 2025 +7.3% −1.0% −3.0% +4.4%
November 4, 2024 −6.3% +1.0% −8.5% −18.9%
October 21, 2024 −18.5% −0.2% −21.0% −41.8%
August 1, 2024 −4.4% −3.3% −11.9% −8.4%
May 2, 2024 −13.1% +2.2% −12.7% −25.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

DMC Global Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) DMC Global Inc.
$550M $600M $650M $700M $750M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $719.2M Revenue (TTM), FY24 Q1: $701.7M Revenue (TTM), FY24 Q2: $684.2M Revenue (TTM), FY24 Q3: $664.5M Revenue (TTM), FY24 Q4: $642.9M Revenue (TTM), FY25 Q1: $635.3M Revenue (TTM), FY25 Q2: $619.6M Revenue (TTM), FY25 Q3: $618.7M Revenue (TTM), FY25 Q4: $609.8M Revenue (TTM), FY26 Q1: $586.1M Revenue (TTM), FY26 Q2: $587.6M Revenue (TTM), FY26 Q3: $608.9M $608.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $719.2M
FY24 Q1 $701.7M
FY24 Q2 $684.2M
FY24 Q3 $664.5M
FY24 Q4 $642.9M
FY25 Q1 $635.3M
FY25 Q2 $619.6M
FY25 Q3 $618.7M
FY25 Q4 $609.8M
FY26 Q1 $586.1M
FY26 Q2 $587.6M
FY26 Q3 $608.9M
Revenue growth, TTM YoY DMC Global Inc.
-20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 10.0% Revenue growth, TTM YoY, FY24 Q1: 0.3% Revenue growth, TTM YoY, FY24 Q2: -5.3% Revenue growth, TTM YoY, FY24 Q3: -7.7% Revenue growth, TTM YoY, FY24 Q4: -10.6% Revenue growth, TTM YoY, FY25 Q1: -9.5% Revenue growth, TTM YoY, FY25 Q2: -9.4% Revenue growth, TTM YoY, FY25 Q3: -6.9% Revenue growth, TTM YoY, FY25 Q4: -5.1% Revenue growth, TTM YoY, FY26 Q1: -7.7% Revenue growth, TTM YoY, FY26 Q2: -5.2% Revenue growth, TTM YoY, FY26 Q3: -1.6% -1.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 10.0%
FY24 Q1 0.3%
FY24 Q2 -5.3%
FY24 Q3 -7.7%
FY24 Q4 -10.6%
FY25 Q1 -9.5%
FY25 Q2 -9.4%
FY25 Q3 -6.9%
FY25 Q4 -5.1%
FY26 Q1 -7.7%
FY26 Q2 -5.2%
FY26 Q3 -1.6%
Operating margin (TTM) DMC Global Inc.
-30% -20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 8.5% Operating margin (TTM), FY24 Q1: 8.6% Operating margin (TTM), FY24 Q2: 6.6% Operating margin (TTM), FY24 Q3: -18.3% Operating margin (TTM), FY24 Q4: -20.4% Operating margin (TTM), FY25 Q1: -20.7% Operating margin (TTM), FY25 Q2: -22.5% Operating margin (TTM), FY25 Q3: 1.7% Operating margin (TTM), FY25 Q4: -0.0% Operating margin (TTM), FY26 Q1: -1.8% Operating margin (TTM), FY26 Q2: -1.6% Operating margin (TTM), FY26 Q3: 0.7% 0.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 8.5%
FY24 Q1 8.6%
FY24 Q2 6.6%
FY24 Q3 -18.3%
FY24 Q4 -20.4%
FY25 Q1 -20.7%
FY25 Q2 -22.5%
FY25 Q3 1.7%
FY25 Q4 -0.0%
FY26 Q1 -1.8%
FY26 Q2 -1.6%
FY26 Q3 0.7%
FCF margin (TTM) DMC Global Inc.
0% 2% 4% 6% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 6.9% FCF margin (TTM), FY24 Q1: 7.9% FCF margin (TTM), FY24 Q2: 6.8% FCF margin (TTM), FY24 Q3: 5.7% FCF margin (TTM), FY24 Q4: 4.6% FCF margin (TTM), FY25 Q1: 3.1% FCF margin (TTM), FY25 Q2: 5.2% FCF margin (TTM), FY25 Q3: 5.4% FCF margin (TTM), FY25 Q4: 6.1% FCF margin (TTM), FY26 Q1: 5.4% FCF margin (TTM), FY26 Q2: 1.7% FCF margin (TTM), FY26 Q3: 2.0% 2.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 6.9%
FY24 Q1 7.9%
FY24 Q2 6.8%
FY24 Q3 5.7%
FY24 Q4 4.6%
FY25 Q1 3.1%
FY25 Q2 5.2%
FY25 Q3 5.4%
FY25 Q4 6.1%
FY26 Q1 5.4%
FY26 Q2 1.7%
FY26 Q3 2.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 165 155 209 193 202 203 167 159 193 326 398 229 260 654 719 643 610 609
Gross profit 43 37 55 58 58 61 36 39 59 111 145 57 59 185 212 151 135 131
EBITDA 21 18 29 27 23 20 −13 1 −2 47 68 10 10 81 98 −96 34 37
Operating income 16 7 18 16 11 7 −24 −5 −12 37 58 −1 −2 30 61 −131 −0 5
Net income 9 5 12 11 6 3 −24 −7 −19 30 34 −1 −0 12 26 −94 −13 −7
Diluted EPS $0.66 $0.40 $0.93 $0.80 $0.47 $0.18 −$1.72 −$0.46 −$1.31 $2.04 $2.28 −$0.10 −$0.26 $0.72 $1.08 −$8.20 −$0.90 −$0.35
Growth (year on year)
Revenue — −6.2% +35.0% −7.7% +4.8% +0.2% −17.6% −5.0% +21.6% +69.3% +21.8% −42.4% +13.5% +151.5% +10.0% −10.6% −5.1% −1.6%
EBITDA — −17.8% +68.1% −7.4% −14.6% −14.7% −167.6% — — — +45.5% −85.2% +2.1% +688.9% +20.3% −198.5% — −16.8%
Operating income — −58.2% +168.4% −12.2% −31.4% −39.3% −455.3% — — — +56.1% −101.7% — — +104.0% −314.6% — —
Net income — −38.4% +137.2% −13.7% −40.1% −60.3% — — — — +11.7% −104.1% — — — −459.7% — —
Diluted EPS — −39.4% +132.5% −14.0% −41.3% −61.7% — — — — +11.8% −104.4% — — — −859.3% — —
Margins
Gross margin 26.1% 23.9% 26.5% 29.9% 28.8% 30.3% 21.3% 24.4% 30.8% 33.9% 36.5% 24.8% 22.9% 28.4% 29.5% 23.4% 22.2% 21.5%
EBITDA margin 12.9% 11.3% 14.1% 14.1% 11.5% 9.8% −8.0% 0.9% −0.9% 14.4% 17.2% 4.4% 4.0% 12.4% 13.6% −15.0% 5.6% 6.1%
Operating margin 9.8% 4.4% 8.7% 8.3% 5.4% 3.3% −14.2% −3.3% −6.4% 11.5% 14.7% −0.4% −0.9% 4.6% 8.5% −20.4% −0.0% 0.7%
Net margin 5.2% 3.4% 6.0% 5.6% 3.2% 1.3% −14.4% −4.1% −9.8% 9.3% 8.6% −0.6% −0.1% 1.9% 3.7% −14.7% −2.2% −1.2%
Free-cash-flow margin 15.5% 8.5% 1.0% 2.8% 7.8% 0.9% −2.3% 7.9% 0.3% −5.3% 9.4% 7.2% −8.3% 4.0% 6.9% 4.6% 6.1% 2.0%
Cash flow
Cash from operations 30 17 10 21 32 23 2 18 7 28 65 30 −13 45 66 47 54 22
Capital spending 4 4 8 15 16 21 5 6 6 45 27 14 9 19 16 17 17 10
Free cash flow 26 13 2 5 16 2 −4 12 1 −17 37 17 −21 26 50 29 37 12
Stock-based pay 3 4 3 4 3 4 3 2 3 4 5 6 7 10 10 7 6 2
Free cash flow after stock pay 22 10 −1 1 12 −2 −7 10 −2 −21 32 11 −28 16 40 22 31 10
Balance sheet
Cash 22 5 5 8 11 9 6 6 9 13 20 28 31 25 31 14 32 38
Total debt 0 27 28 39 29 23 27 16 18 41 14 11 147 133 116 71 51 52
Net debt (negative = net cash) −22 22 22 31 19 13 21 9 9 28 −6 −17 117 108 85 57 19 14
Diluted shares 13m 13m 13m 13m 14m 14m 14m 14m 14m 15m 15m 15m 18m 19m 20m 20m 20m 20m
Returned to shareholders
Dividends 1 2 2 2 2 2 2 1 1 1 3 4 0 0 0 3 0 —
Buybacks — — — — — 0 0 0 0 0 1 2 2 1 2 1 1 1
Total returned 1 2 2 2 2 2 2 1 2 2 4 6 2 1 2 4 1 1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · September 30, 2026
What it owns · $661m
Short-term assets $334mLonger-term assets $327m
What it owes, and who funded it · $474m
Short-term liabilities $130mLonger-term liabilities $94mShareholders' equity $250m
  • Short-term assets cover short-term liabilities $334m of assets due within a year against $130m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $334m short-term assets against $94m of longer-dated liabilities.
  • More cash than debt $38m of cash against $52m of debt.
  • Debt below 40% of shareholders' equity Debt is 21% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 37% to 21% over five years.
  • A year's operating cash flow covers at least 20% of debt $22m of operating cash flow against $52m of debt.
  • Operating profit covers interest at least five times over Operating income of $5m against $5m of interest.

From DMC Global Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$1M
Buybacks, last 3 fiscal years
$4.9M
Diluted share count
+1.0%
year over year
Total shareholder yield
0.6%
dividends 0.0% + buybacks 0.6% of market value
Days sales outstanding
65 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas equipment & services
Last 12 months unless stated BOOM RNGR KLXE OIS TTI CLB Median
Revenue, last 12 months $609m $607m $636m $650m $657m $517m $1.2bn
Revenue growth, last 12 months −1.6% 6.1% −4.8% −0.7% 6.1% −0.1% 3.7%
Revenue growth, 3-year average −5.4% −2.4% −11.5% −5.7% 1.9% 0.5% 2.0%
Revenue growth, latest quarter 14.1% 25.5% 5.2% 2.8% 9.6% −1.8% 7.3%
Gross margin 21.5% — 21.0% 20.2% 22.5% 19.1% 21.1%
Operating margin 0.7% 3.7% −2.4% −14.0% 6.9% 7.5% 7.3%
Operating margin, 3-year average −5.3% 4.4% −2.0% −3.5% 8.5% 9.8% 7.2%
Net margin −1.2% 2.4% −9.7% −16.5% 1.4% 3.0% 2.6%
Cash from operations / revenue 3.7% 10.0% 5.8% 7.3% 9.6% 4.8% 11.7%
Free-cash-flow margin 2.0% 3.9% −0.3% 5.2% −6.4% 2.0% 2.0%
Free-cash-flow margin, 3-year average 4.4% 6.7% −1.4% 3.4% −2.0% 5.9% 4.0%
Stock pay / revenue 0.3% 1.1% 0.3% 1.6% 1.1% 1.6% 1.1%
Change in share count 1.0% 1.3% 13.8% −2.2% 5.8% −1.1% 1.0%

Median of all 35 companies we cover in oil & gas equipment & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

35 oil & gas equipment & services companies
Measure Company Peer median Rank
Revenue growth Growth -1.6% 3.7% 26 of 35
Change in growth rate Growth +3.6pp +1.5pp 10 of 34
Gross margin Profitability 21.5% 21.5% 11 of 21
Operating margin Profitability 0.7% 7.2% 25 of 32
Net margin Profitability -1.2% 2.6% 28 of 35
Free-cash-flow margin Cash generation 2.0% 2.0% 16 of 35
Stock pay as % of revenue Cash generation 0.3% 1.1% 5 of 32
Long-term debt as % of assets Balance sheet 7.3% 22.6% 8 of 32
Change in share count Balance sheet 1.0% 1.0% 16 of 31
Days sales outstanding Balance sheet 65 days 74 days 9 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Dyna Energetics $270M 44.3% ▼ 6.1%
Arcadia Products $246M 40.4% ▼ 1.4%
Nobel Clad $93.4M 15.3% ▼ 11.4%

From DMC Global Inc.'s 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$82.6M
Institutions reporting
123
Shares held vs prior quarter
▼ 3.2%
Positions opened / closed
28 / 25

Top buyers and sellers, Q2 2026: 72 institutions bought and 59 sold ; the biggest buyer was Ameriprise Financial Inc (+546K shares) and the biggest seller Gendell Jeffrey L (−1.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Ameriprise Financial Inc $7.7M 1.3M 9.4% ▲ 69.6%
Steel Partners Holdings L.P. $6.4M 1.1M 7.8% ▼ 7.3%
Cerity Partners LLC $6.3M 1.1M 7.6% ▲ 101.1%
Vanguard Capital Management LLC $4.6M 790K 5.6% ▲ 0.3%
Pacific Ridge Capital Partners, LLC $4.4M 759K 5.3% ▼ 5.7%
Marshall Wace, LLP $3.6M 623K 4.4% ▲ 339.6%
Dimensional Fund Advisors LP $3.5M 602K 4.2% ▼ 7.6%
Mackenzie Financial Corp $3.5M 601K 4.2% ▲ 15.8%
Blackrock, Inc. $2.9M 495K 3.5% ▼ 65.1%
Jane Street Group, LLC $2.3M 401K 2.8% ▲ 2652.4%
Two Sigma Investments, LP $2.1M 365K 2.6% ▲ 1955.3%
Hunter Associates Investment Management LLC $1.9M 334K 2.4% ▲ 0.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not DMC Global Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in DMC Global Inc. disclosed in the last 12 months; 2 earlier trades on record.

  • Donna Shalala(FL):Sale (full), $1,001 - $15,000, traded June 24, 2019, filed April 27, 2020
  • Donna Shalala(FL):Purchase, $1,001 - $15,000, traded June 4, 2019, filed April 27, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 25, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 29, 2026
  • April 30, 2026
  • February 23, 2026
  • November 4, 2025
  • August 5, 2025

Recent SEC filings

Data status

When each part of this page on DMC Global Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

DMC Global Inc. in brief

What does DMC Global Inc. do?
DMC Global Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.
What is DMC Global Inc.'s stock ticker?
DMC Global Inc. trades under the ticker BOOM on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is DMC Global Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, DMC Global Inc. reported revenue of $609M, 1.6% lower than a year earlier, according to its SEC filings.
What is DMC Global Inc.'s free cash flow?
DMC Global Inc.'s free-cash-flow margin is 2.0% of revenue over the trailing twelve months, ranking 16 of the 35 oil & gas equipment & services companies we cover.
Who are DMC Global Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Ameriprise Financial Inc, Steel Partners Holdings L.P. and Cerity Partners LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is DMC Global Inc. buying back stock, and does it pay a dividend?
DMC Global Inc. spent $1M on share repurchases over the trailing twelve months, and its diluted share count still rose 1.0% over the year.
What is DMC Global Inc.'s market cap?
On November 2, 2026, DMC Global Inc.'s market capitalisation was about $186M and net debt of $13.7M. Market figures come from third-party market data and may be delayed.
How much debt does DMC Global Inc. have?
DMC Global Inc.'s debt-to-equity ratio is 20.7%, from its latest balance sheet (36.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are DMC Global Inc.'s competitors?
In our Oil & Gas Equipment & Services peer group, the companies closest to DMC Global Inc. are Ranger Energy Services, Inc., KLX Energy Services Holdings, Inc., OIL States International, Inc, Tetra Technologies Inc and Core Laboratories Inc. The side-by-side comparison below sets their revenue, margins and growth against DMC Global Inc.'s.
When is DMC Global Inc.'s next earnings date?
Around January 25, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — DMC Global Inc. announces its own schedule.