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Dorman Products, Inc. (DORM) stock

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NASDAQ: DORM Nasdaq Automotive Parts & Equipment Next results ~January 22, 2027

B Fundamentals grade

Dorman Products, Inc. is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$110

Cash-flow model

Base case. Range ~$82–$150 across our lower- and higher-growth cases (-1.9%–8.1% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 24% above our base value.

Price used: $139.33, November 2, 2026

Dorman Products, 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.

  • Insiders0 buying, 3 selling0 purchases and 12 sales by directors and officers, last 12 monthsInsider trades
  • Funds158 adding, 163 cuttingOf 47 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Dorman Products files

10-Q filed October 27: Dorman Products

Revenue for the twelve months to September 2026 was $2.17bn, up 2.2% on a year earlier, slower than the 3.3% growth a quarter earlier. Free-cash-flow margin rose to 12.4% from 5.0% a year earlier. Operating margin narrowed to 13.3% from 16.7%. Our model value is little changed at $112 a share, against a share price of $135. The rating stays Hold. At that price, our model says the market is pricing in about 6.3% a year of cash-flow growth for five years, slower than the 10.1% a year revenue growth it has delivered.

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

Earlier notes (2)

10-Q filed August 4: Dorman Products

Revenue for the twelve months to June 2026 was $2.17bn, up 2.2% on a year earlier, slower than the 3.3% growth a quarter earlier. Free-cash-flow margin rose to 12.4% from 5.0% a year earlier. Operating margin narrowed to 13.3% from 16.7%. Our model value falls from $116 to $112 a share, against a share price of $124. The rating stays Hold. At that price, our model says the market is pricing in about 5.2% a year of cash-flow growth for five years, slower than the 10.1% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Where Dorman Products stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.16bn, up 3.3% on a year earlier, slower than the 5.0% growth a quarter earlier. Free-cash-flow margin rose to 9.9% from 6.7% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 4 of our 6 financial-health checks. Our cash-flow model value is $116 a share, against a share price of $124. At that price, our model says the market is pricing in about 5.5% a year of cash-flow growth for five years, slower than the 9.9% a year revenue growth it has delivered.

10-Q on SEC EDGAR

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 22, 2027 (estimated)

Dorman Products, Inc.'s trailing-twelve-month revenue grew 2.2% year on year, with a free-cash-flow margin of 12.4%. Where it stands out: free-cash-flow margin of 12.4% ranks 2 of 26 automotive parts & equipment companies we cover. Where it lags: days sales outstanding of 106 days ranks 16 of 17 automotive parts & equipment companies we cover.

Our discounted-cash-flow model values the business at ~$110 per share in the base case (~$82–$150 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 155.4% while net income fell 18.2%: a 174pp 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

  • Shrinking share count. Diluted shares fell 1.6% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $139.33 is 20% above our value per share of $110.
  • Margins narrowing. Operating margin is down 3.4 points on a year ago.
  • Below peers: days sales outstanding. Days sales outstanding of 106 days ranks 16 of 17 automotive parts & equipment companies we cover (median 61 days).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.1% ranks 17 of 22 automotive parts & equipment companies we cover (median 0.8%).

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$2.08 against an average estimate of $2.00: beat by 4.3%
Revenue
$562m, up 3.3% on a year earlier
Share reaction
-0.7% in the first session after the results on October 26, 2026, against +1.3% for the S&P 500
Guidance given
net Sales Growth vs. 2025 growth 2% to 3% (full-year 2026); diluted EPS $7.95 to $8.15 (full-year 2026)
Next report
October 26, 2026; average EPS estimate $1.90

Dorman Products' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.4%
  • 1 week+11.7%
  • 1 month+13.2%
  • This year+13.1%
  • 1 year+3.9%
  • 5 years+26.5%
  • S&P 500 this year+11.2%

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

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.2B
Operating margin
13.3%
Net margin
9.3%
EPS (TTM, diluted)
$6.68

Growth

Revenue growth
+2.2%
Change in growth rate
−1.1 pts
Share count change
−1.6%

Cash

Free cash flow (TTM)
$269M
FCF margin
12.4%
Stock pay % of revenue
1.1%

Earnings

Last results
October 26, 2026
Next results (est.)
January 22, 2027

News & updates

Updated October 31, 2026

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

  1. Our research
  2. Results
  3. Guidance
  4. Results
  5. Results
  6. 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

Dorman Products, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 6.8% a year of cash-flow growth for five years.That is close to the 10.1% a year revenue growth Dorman Products has delivered.

  • Priced in6.8%
  • Last 12 months2.2%
  • 3 years a year3.9%
  • 5 years a year10.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($138.03, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$110
Price used
$138.03close November 3, 2026
Implied change
▼ 19%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Dorman Products, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($200M, FY2026 Q3 TTM), growing 3.9% and 3.6% in the next two years (forecasts, guidance and its record), then back to 3.1% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$82–~$150 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Dorman Products, Inc.'s free cash flow after stock-based pay ( $200M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Dorman Products, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.93 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$110 ~$82–$150 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$75 ~$64–$96 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$100 ~$68–$150 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$96 ~$83–$110 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) 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. ~$99 ~$75–$110 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Dorman Products, Inc. with Automotive Parts & Equipment 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.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +35%
  • Free-cash-flow margin 1 point lower ▼ −8%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $88$123$170$230$310$413
8.5% $65$91$124$168$224$297
10% $52$71$97$130$173$229

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$49.08$73.06$61.14$88.35$75.11$89.56$106.42$80.87$83.41$129.55$123.19$139.33
Market value$1.7bn$2.5bn$2.1bn$2.9bn$2.5bn$2.9bn$3.4bn$2.6bn$2.6bn$4.0bn$3.8bn$4.2bn
+ Net debt (− = net cash)−$79m−$149m−$72m−$43m−$68m−$156m$181m$688m$539m$426m$391m$274m
Enterprise value$1.7bn$2.4bn$2.0bn$2.9bn$2.4bn$2.7bn$3.6bn$3.2bn$3.2bn$4.4bn$4.2bn$4.5bn
Multiples
Price / sales 2.2x2.9x2.3x3.0x2.5x2.7x2.5x1.5x1.4x2.0x1.8x1.9x
Price / earnings 18.9x23.8x19.5x22.0x29.3x27.1x25.9x21.0x20.3x21.1x18.6x20.9x
Price / free cash flow 24.8x24.9x29.8x56.4x37.3x21.2x42.3xn/m16.0x20.9x50.1x15.7x
EV / EBITDA 10.3x12.7x10.1x14.5x18.1x16.6x17.3x15.0x11.8x12.7x11.8x13.0x

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

61 /100

Moderate moat

How hard Dorman Products'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 9 / 20

    Cash operating profit has been a median 8.1% of total assets over 10 years.

  • Pricing power 12 / 20

    Gross margin has been a median 37.3%, moving by 3.2 percentage points (standard deviation) across 10 years.

  • Durability 13 / 20

    Operating margin has been a median 13.6%; its worst year was 8.8%.

  • Cash conversion 14 / 20

    Free cash flow was positive in 10 of 10 years, at a median 6.9% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 5.8% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (66 before it).

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 $8.63 −3% $2.2bn +3%
Next $9.11 +6% $2.3bn +5%

Next year's EPS estimate has moved −2.9% in 90 days, across 8 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.2% on 90 days ago. In the last 30 days, 0 analysts raised Dorman Products, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Dorman Products, Inc., last 90 days
$8.00 $8.50 $9.00 $9.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $8.28 Current fiscal year, 60 days ago: $8.66 Current fiscal year, 30 days ago: $8.66 Current fiscal year, 7 days ago: $8.66 Current fiscal year, Now: $8.63 $8.63 Next fiscal year, 90 days ago: $9.38 Next fiscal year, 60 days ago: $9.29 Next fiscal year, 30 days ago: $9.20 Next fiscal year, 7 days ago: $9.20 Next fiscal year, Now: $9.11 $9.11

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

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $8.28$9.38
60 days ago $8.66$9.29
30 days ago $8.66$9.20
7 days ago $8.66$9.20
Now $8.63$9.11

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $2.00 $2.08 +4.3%
Jun 2026 $1.89 $3.08 +62.9%
Mar 2026 $1.56 $1.57 +0.9%
Dec 2025 $2.12 $2.17 +2.4%

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

Management guidance

Earnings release, October 26, 2026
  • Net Sales Growth vs. 2025 full-year 2026 2% growth to 3% growth Narrowed
    “Net Sales Growth vs. 2025 2% - 3% 3% - 5%” source
  • Diluted EPS full-year 2026 $7.95 to $8.15 GAAP Narrowed
    “Diluted EPS $7.95 - $8.15 $7.93 - $8.23” source
  • Diluted EPS Growth vs. 2025 full-year 2026 20% growth to 23% growth GAAP Narrowed
    “Growth vs. 2025 20% - 23% 19% - 24%” source
  • Adjusted Diluted EPS full-year 2026 $8.50 to $8.70 Non-GAAP Narrowed
    “Adjusted Diluted EPS* $8.50 - $8.70 $8.50 - $8.80” source
  • Adjusted Diluted EPS Growth vs. 2025 full-year 2026 -4% growth to -2% growth Non-GAAP Narrowed
    “Growth vs. 2025 (4)% - (2)% (4)% - (1)%” source
  • Tax Rate Estimate full-year 2026 23.5% to 24%
    “Tax Rate Estimate 23.5% - 24.0% 23.5%” 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.

How our valuation uses these forecasts

Our cash-flow model grows Dorman Products, Inc.'s revenue by +3.9% next year and +3.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+4.2%, weight 44%) , management guidance (+4.0%, weight 33%) and the company's own record (+3.1%, weight 22%) . How the weights are set.

Analyst recommendations

8 analysts, Oct 2026
Buy8100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026268
  2. Sep 20262518
  3. Aug 20262518
  4. Jul 2026268

Counts of recommendations published by analysts covering Dorman Products, 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
8.5%
of tradable shares
Days to cover
6.5
at average volume
Short interest, 1 month
+6%
to October 15, 2026
Held by institutions
100%
of shares
Held by insiders
12.9%
of shares
Employees
3,871
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 +3.9%

$134.13 on October 31, 2025 to $139.33

ThenNowEffect
Revenue (last 12 months) $2.1bn $2.2bn +3.3%
Net margin 10.8% 10.2% −6.1%
P/E multiple 18.3x 19.4x +6.1%
Share count 31m 30m +0.9%

Biggest factor: net margin.

Last 3 years +104.5%

$68.14 on November 3, 2023 to $139.33

ThenNowEffect
Revenue (last 12 months) $1.9bn $2.2bn +15.7%
Net margin 4.7% 10.2% +118.1%
P/E multiple 24.7x 19.4x −21.6%
Share count 32m 30m +3.4%

Biggest factor: net margin.

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
DORM+30%−28%+3%+55%−5%+13%
Industry peers (median)+15%−30%+11%−24%+25%−8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DORM75%42%33%58%33%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DORM−18%−37%−39%−11%−26%−25%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 51% from April 17, 2019 to April 3, 2020. Getting back needed a 103% gain, reached on November 10, 2020, 221 days after the low.

Price behaviour

52-week range
$100.50 – $147.80
From 52-week high
−5.7%
vs 50-day average
+10.8%
vs 200-day average
+12.9%
Volatility (1 year)
35%
Beta vs S&P 500
0.74

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
8 up, 4 down
typical move ±7.3%
After a week
9 up, 3 down
typical move ±9.4%
After a month
6 up, 5 down
typical move ±12.5%
Results releasedNext dayS&P 500 next day5 days21 days
October 26, 2026 −0.7% +1.3% +11.3% —
August 3, 2026 +11.0% +3.3% +0.1% −4.5%
May 4, 2026 +5.9% +0.4% +7.2% +10.5%
February 25, 2026 −7.8% +0.3% −8.1% −15.8%
October 27, 2025 −12.2% +1.4% −15.5% −14.3%
August 4, 2025 +11.8% +1.0% +19.9% +33.2%
May 5, 2025 +6.7% −1.4% +13.0% +10.4%
February 26, 2025 +1.9% −1.5% +7.3% −0.3%
October 31, 2024 +10.4% −1.5% +15.2% +21.5%
August 1, 2024 +1.5% −3.3% +4.3% +11.9%
May 7, 2024 −1.8% +0.1% −1.5% −2.5%
February 26, 2024 +16.4% −0.2% +9.4% +12.5%

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.

Options strategies

All options ideas

How Dorman Products, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade B (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Dorman Products, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

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) Dorman Products, Inc.
$1.9B $2B $2.1B $2.2B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.9B Revenue (TTM), FY24 Q1: $1.9B Revenue (TTM), FY24 Q2: $2B Revenue (TTM), FY24 Q3: $2B Revenue (TTM), FY24 Q4: $2B Revenue (TTM), FY25 Q1: $2B Revenue (TTM), FY25 Q2: $2.1B Revenue (TTM), FY25 Q3: $2.1B Revenue (TTM), FY25 Q4: $2.1B Revenue (TTM), FY26 Q1: $2.2B Revenue (TTM), FY26 Q2: $2.2B Revenue (TTM), FY26 Q3: $2.2B $2.2B

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

View chart data
Period Revenue (TTM)
FY23 Q4 $1.9B
FY24 Q1 $1.9B
FY24 Q2 $2B
FY24 Q3 $2B
FY24 Q4 $2B
FY25 Q1 $2B
FY25 Q2 $2.1B
FY25 Q3 $2.1B
FY25 Q4 $2.1B
FY26 Q1 $2.2B
FY26 Q2 $2.2B
FY26 Q3 $2.2B
Revenue growth, TTM YoY Dorman Products, Inc.
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 11.3% Revenue growth, TTM YoY, FY24 Q1: 7.4% Revenue growth, TTM YoY, FY24 Q2: 4.9% Revenue growth, TTM YoY, FY24 Q3: 1.7% Revenue growth, TTM YoY, FY24 Q4: 4.1% Revenue growth, TTM YoY, FY25 Q1: 6.0% Revenue growth, TTM YoY, FY25 Q2: 6.8% Revenue growth, TTM YoY, FY25 Q3: 7.9% Revenue growth, TTM YoY, FY25 Q4: 6.0% Revenue growth, TTM YoY, FY26 Q1: 5.0% Revenue growth, TTM YoY, FY26 Q2: 3.3% Revenue growth, TTM YoY, FY26 Q3: 2.2% 2.2%

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

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 11.3%
FY24 Q1 7.4%
FY24 Q2 4.9%
FY24 Q3 1.7%
FY24 Q4 4.1%
FY25 Q1 6.0%
FY25 Q2 6.8%
FY25 Q3 7.9%
FY25 Q4 6.0%
FY26 Q1 5.0%
FY26 Q2 3.3%
FY26 Q3 2.2%
Operating margin (TTM) Dorman Products, Inc.
10% 12% 14% 16% 18% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 11.1% Operating margin (TTM), FY24 Q1: 13.0% Operating margin (TTM), FY24 Q2: 13.7% Operating margin (TTM), FY24 Q3: 14.4% Operating margin (TTM), FY24 Q4: 14.6% Operating margin (TTM), FY25 Q1: 15.6% Operating margin (TTM), FY25 Q2: 15.7% Operating margin (TTM), FY25 Q3: 16.7% Operating margin (TTM), FY25 Q4: 14.1% Operating margin (TTM), FY26 Q1: 12.9% Operating margin (TTM), FY26 Q2: 14.5% Operating margin (TTM), FY26 Q3: 13.3% 13.3%

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

View chart data
Period Operating margin (TTM)
FY23 Q4 11.1%
FY24 Q1 13.0%
FY24 Q2 13.7%
FY24 Q3 14.4%
FY24 Q4 14.6%
FY25 Q1 15.6%
FY25 Q2 15.7%
FY25 Q3 16.7%
FY25 Q4 14.1%
FY26 Q1 12.9%
FY26 Q2 14.5%
FY26 Q3 13.3%
FCF margin (TTM) Dorman Products, Inc.
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 8.5% FCF margin (TTM), FY24 Q1: 9.9% FCF margin (TTM), FY24 Q2: 9.6% FCF margin (TTM), FY24 Q3: 9.0% FCF margin (TTM), FY24 Q4: 9.5% FCF margin (TTM), FY25 Q1: 9.3% FCF margin (TTM), FY25 Q2: 6.7% FCF margin (TTM), FY25 Q3: 5.0% FCF margin (TTM), FY25 Q4: 3.6% FCF margin (TTM), FY26 Q1: 3.3% FCF margin (TTM), FY26 Q2: 9.9% FCF margin (TTM), FY26 Q3: 12.4% 12.4%

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

View chart data
Period FCF margin (TTM)
FY23 Q4 8.5%
FY24 Q1 9.9%
FY24 Q2 9.6%
FY24 Q3 9.0%
FY24 Q4 9.5%
FY25 Q1 9.3%
FY25 Q2 6.7%
FY25 Q3 5.0%
FY25 Q4 3.6%
FY26 Q1 3.3%
FY26 Q2 9.9%
FY26 Q3 12.4%

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

Where the money goes

FY2025, from the 10-K

Each dollar Dorman Products took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.1B
  2. Cost of revenue $1.2B · 57.9%
  3. Gross profit $898M · 42.1%
  4. Selling, general and admin $541M · 25.4%
  5. Other operating costs $56.7M · 2.7%
  6. Operating income $300M · 14.1%
  7. Income tax $71.3M · 3.3%
  8. Interest and other $24.1M · 1.1%
  9. Net income $204M · 9.6%

Shares of revenue. Source: Dorman Products's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

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 377 438 513 570 664 751 803 860 903 974 991 1,093 1,345 1,734 1,930 2,009 2,130 2,173
Gross profit 132 169 189 215 261 287 308 338 359 373 340 383 463 564 685 806 898 892
EBITDA 52 85 95 112 138 153 162 188 198 200 132 166 207 216 269 350 355 345
Operating income 44 77 88 104 128 141 146 169 176 171 106 133 172 171 215 293 300 289
Net income 26 46 53 71 82 90 92 106 107 134 84 107 132 122 129 190 204 202
Diluted EPS $0.73 $1.27 $1.47 $1.94 $2.24 $2.49 $2.60 $3.07 $3.13 $4.02 $2.56 $3.30 $4.12 $3.85 $4.10 $6.14 $6.64 $6.68
Growth (year on year)
Revenue — +16.1% +17.2% +11.1% +16.5% +13.1% +6.9% +7.1% +5.1% +7.8% +1.8% +10.2% +23.1% +28.9% +11.3% +4.1% +6.0% +2.2%
EBITDA — +64.7% +12.4% +17.9% +22.8% +11.1% +5.8% +15.5% +5.8% +0.5% −34.0% +25.8% +24.8% +4.3% +24.9% +29.7% +1.6% −16.0%
Operating income — +75.9% +14.1% +18.9% +22.7% +10.0% +3.9% +15.4% +4.5% −2.9% −38.2% +26.0% +28.6% −0.3% +25.6% +36.4% +2.3% −18.6%
Net income — +74.1% +15.5% +33.2% +15.4% +9.8% +2.6% +14.9% +0.5% +25.3% −37.3% +27.6% +23.1% −7.6% +6.3% +47.0% +7.5% −18.2%
Diluted EPS — +72.8% +15.7% +32.0% +15.5% +11.2% +4.4% +18.1% +2.0% +28.4% −36.3% +28.9% +24.8% −6.6% +6.5% +49.8% +8.1% −16.9%
Margins
Gross margin 34.9% 38.6% 36.9% 37.7% 39.3% 38.2% 38.4% 39.3% 39.7% 38.3% 34.3% 35.1% 34.4% 32.6% 35.5% 40.1% 42.1% 41.1%
EBITDA margin 13.6% 19.4% 18.6% 19.7% 20.8% 20.4% 20.2% 21.8% 22.0% 20.5% 13.3% 15.2% 15.4% 12.4% 14.0% 17.4% 16.7% 15.9%
Operating margin 11.6% 17.5% 17.1% 18.3% 19.3% 18.7% 18.2% 19.6% 19.5% 17.6% 10.7% 12.2% 12.8% 9.9% 11.1% 14.6% 14.1% 13.3%
Net margin 7.0% 10.5% 10.4% 12.4% 12.3% 12.0% 11.5% 12.3% 11.8% 13.7% 8.4% 9.8% 9.8% 7.0% 6.7% 9.5% 9.6% 9.3%
Free-cash-flow margin 5.2% 4.4% 3.9% 5.4% 5.6% 4.0% 8.8% 11.8% 7.7% 5.3% 6.6% 12.5% 6.0% 0.2% 8.5% 9.5% 3.6% 12.4%
Cash flow
Cash from operations 28 31 38 49 62 60 92 122 94 78 95 152 100 42 209 231 114 303
Capital spending 8 11 18 18 25 30 22 20 24 26 30 15 20 38 44 39 38 33
Free cash flow 20 19 20 31 37 30 70 101 70 52 66 137 80 4 165 192 76 269
Stock-based pay 0 0 1 1 1 1 1 2 3 3 3 8 8 9 11 15 20 23
Free cash flow after stock pay 20 19 19 30 36 29 69 99 67 49 63 129 72 −6 153 177 56 246
Balance sheet
Cash 11 30 50 28 61 48 79 149 72 43 68 156 59 46 37 57 49 167
Total debt 0 0 0 0 0 0 0 0 0 0 0 0 239 734 576 483 441 441
Net debt (negative = net cash) −11 −30 −50 −28 −61 −48 −79 −149 −72 −43 −68 −156 181 688 539 426 391 274
Diluted shares 36m 36m 36m 36m 37m 36m 36m 35m 34m 33m 33m 32m 32m 32m 32m 31m 31m 30m
Returned to shareholders
Dividends — — — 55 — — — — — — — — — — — — — —
Total returned — — — 55 — — — — — — — — — — — — — —

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

4 of 6 checks passed · September 26, 2026
What it owns · $2.6bn
Short-term assets $1.6bnLonger-term assets $935m
What it owes, and who funded it · $2.0bn
Short-term liabilities $445mShareholders' equity $1.6bn
  • Short-term assets cover short-term liabilities $1.6bn of assets due within a year against $445m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $167m of cash against $441m of debt.
  • Debt below 40% of shareholders' equity Debt is 28% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 0% to 28% over five years.
  • A year's operating cash flow covers at least 20% of debt $303m of operating cash flow against $441m of debt.
  • Operating profit covers interest at least five times over Operating income of $289m against $27m of interest.

From Dorman Products, 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

Diluted share count
−1.6%
year over year
Sales & admin spending
25.1%
of revenue
Days sales outstanding
106 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in automotive parts & equipment
Last 12 months unless stated DORM SMP GNTX CPS THRM FOXF Median
Revenue, last 12 months $2.2bn $1.8bn $2.6bn $2.8bn $1.6bn $1.5bn $2.4bn
Revenue growth, last 12 months 2.2% 5.5% 10.1% 2.1% 8.8% 1.6% 4.6%
Revenue growth, 3-year average 3.9% 10.3% 7.4% 0.8% 3.4% −3.3% 1.4%
Revenue growth, latest quarter 3.3% 1.8% −1.0% 2.2% 4.7% −4.5% 2.0%
Gross margin 41.1% 32.0% 35.0% 11.7% 23.7% 29.5% 20.5%
Operating margin 13.3% 8.5% 19.3% 2.3% 3.4% −18.3% 6.0%
Operating margin, 3-year average 14.8% 7.1% 19.8% 2.9% 5.7% −8.8% 5.7%
Net margin 9.3% 3.8% 15.5% −2.0% 0.6% −20.4% 3.5%
Cash from operations / revenue 13.9% 9.7% 22.6% 2.0% 4.1% 2.5% 6.8%
Free-cash-flow margin 12.4% 7.9% 18.9% −0.2% 1.3% 0.9% 4.3%
Free-cash-flow margin, 3-year average 8.8% 4.6% 17.7% 0.4% 3.1% 6.7% 5.5%
Stock pay / revenue 1.1% 0.6% 1.6% 0.4% 0.8% 0.9% 0.7%
Change in share count −1.6% 1.8% −4.8% 0.9% 0.6% 0.4% −0.0%

Median of all 26 companies we cover in automotive parts & equipment. 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

26 automotive parts & equipment companies
Measure Company Peer median Rank
Revenue growth Growth 2.2% 5.0% 19 of 26
Change in growth rate Growth -1.1pp -1.1pp 13 of 26
Gross margin Profitability 41.1% 21.1% 3 of 26
Operating margin Profitability 13.3% 6.4% 2 of 22
Net margin Profitability 9.3% 3.7% 5 of 26
Free-cash-flow margin Cash generation 12.4% 5.4% 2 of 26
Stock pay as % of revenue Cash generation 1.1% 0.8% 17 of 22
Long-term debt as % of assets Balance sheet 17.2% 20.8% 7 of 22
Change in share count Balance sheet -1.6% -0.0% 9 of 24
Days sales outstanding Balance sheet 106 days 61 days 16 of 17

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
Geography
Region Revenue Share YoY
United States $2B 92.3% ▲ 6.4%
Outside the US $164M 7.7% ▲ 2.0%

From Dorman Products, Inc.'s 10-K filed February 27, 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
$3.9B
Institutions reporting
324
Shares held vs prior quarter
▲ 10.6%
Positions opened / closed
47 / 41

Top buyers and sellers, Q2 2026: 158 institutions bought and 163 sold ; the biggest buyer was Ktf Investments, LLC (+766K shares) and the biggest seller Price T Rowe Associates Inc (−294K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $557M 4.1M 14.2% ▲ 1.8%
Vanguard Portfolio Management LLC $209M 1.5M 5.3% ▲ 1.9%
Morgan Stanley $197M 1.4M 5.0% ▲ 2.1%
Vanguard Capital Management LLC $166M 1.2M 4.2% ▼ 2.0%
State Street Corp $156M 1.1M 4.0% ▲ 4.0%
Dimensional Fund Advisors LP $155M 1.1M 3.9% ▲ 3.3%
Ktf Investments, LLC $119M 871K 3.0% ▲ 728.6%
Royce & Associates LP $112M 824K 2.9% ▲ 33.7%
Jennison Associates LLC $111M 815K 2.8% ▼ 1.4%
Geode Capital Management, LLC $102M 745K 2.6% ▲ 4.5%
Invesco Ltd. $97.3M 713K 2.5% ▲ 12.2%
Reinhart Partners, Llc. $93.4M 684K 2.4% New

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 Dorman Products, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $1.7M 12 trades by 3 insiders · 17% under pre-set plans
Net ▼ $1.7M net selling
Insider Date Trade Shares Price Value
Long Donna M. SVP, CIO August 17, 2026 Sell pre-set plan 734 $135.21 $99,244
Bowen Gregory C. VP, Chief Accounting Officer August 5, 2026 Sell 1,557 $144.72 $225,329
Bowen Gregory C. VP, Chief Accounting Officer August 5, 2026 Sell 1,974 $145.23 $286,684
Long Donna M. SVP, CIO March 12, 2026 Sell pre-set plan 235 $104.03 $24,447
Long Donna M. SVP, CIO March 12, 2026 Sell pre-set plan 394 $103.21 $40,665
Long Donna M. SVP, CIO March 12, 2026 Sell pre-set plan 318 $102.19 $32,496
Long Donna M. SVP, CIO January 2, 2026 Sell pre-set plan 573 $123.70 $70,880
Long Donna M. SVP, CIO January 2, 2026 Sell pre-set plan 186 $124.22 $23,105
Long Donna M. SVP, CIO January 2, 2026 Sell pre-set plan 53 $122.69 $6,503
Mcknight John President, Heavy Duty December 12, 2025 Sell 2,000 $128.80 $257,600
Mcknight John President, Heavy Duty December 1, 2025 Sell 911 $131.19 $119,514
Mcknight John President, Heavy Duty December 1, 2025 Sell 3,987 $130.60 $520,702

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 24 trades and filings

No trades in Dorman Products, Inc. disclosed in the last 12 months; 24 earlier trades on record.

  • Lois Frankel(D-FL 22):Sale (full), $1,001 - $15,000, traded September 8, 2023, filed October 10, 2023
  • Greg Gianforte(MT):Sale (full), $100,001 - $250,000, traded October 15, 2020, filed November 9, 2020
  • Greg Gianforte(MT):Sale (partial), $100,001 - $250,000, traded October 9, 2020, filed October 28, 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 22, 2027 estimated from the company's past filing pattern, not announced

  • October 26, 2026
  • August 3, 2026
  • May 4, 2026
  • February 25, 2026
  • October 27, 2025
  • August 4, 2025

Recent SEC filings

Data status

When each part of this page on Dorman Products, 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.

Dorman Products, Inc. in brief

What does Dorman Products, Inc. do?
Dorman Products, Inc. is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.
What is Dorman Products, Inc.'s stock ticker?
Dorman Products, Inc. trades under the ticker DORM on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Dorman Products, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Dorman Products, Inc. reported revenue of $2.2B, 2.2% higher than a year earlier, according to its SEC filings.
What is Dorman Products, Inc.'s free cash flow?
Dorman Products, Inc.'s free-cash-flow margin is 12.4% of revenue over the trailing twelve months, ranking 2 of the 26 automotive parts & equipment companies we cover.
What is Dorman Products, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Dorman Products, Inc.'s free cash flow after stock-based pay gives ~$110 per share in the base case, and ~$82–$150 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Dorman Products, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Morgan Stanley. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Dorman Products, Inc.'s market cap?
On November 2, 2026, Dorman Products, Inc.'s market capitalisation was about $4.2B, with a price-to-earnings ratio of 20.9 and net debt of $274M. Market figures come from third-party market data and may be delayed.
How much debt does Dorman Products, Inc. have?
Dorman Products, Inc.'s debt-to-equity ratio is 28.2%, from its latest balance sheet (0.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Dorman Products, Inc.'s competitors?
In our Automotive Parts & Equipment peer group, the companies closest to Dorman Products, Inc. are Standard Motor Products, Inc., Gentex Corp, Cooper-standard Holdings Inc., Gentherm Inc and FOX Factory Holding Corp. The side-by-side comparison below sets their revenue, margins and growth against Dorman Products, Inc.'s.
Are insiders buying or selling Dorman Products, Inc. stock?
Over the last 12 months, Dorman Products, Inc.'s directors and officers reported 0 open-market purchases and 12 sales on Form 4. The insider trading page charts every trade.
When is Dorman Products, Inc.'s next earnings date?
Around January 22, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Dorman Products, Inc. announces its own schedule.