Dorman Products (DORM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Dorman Products

NasdaqGS•Consumer Cyclical•Auto Parts

$136.07-3.26(-0.02%)Pre-market

Market Cap

$4.04B

P/E

20.0x

P/S

1.9x

P/B

2.6x

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.

How this company scores

GoodMetricSide Score: 66/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (11/25).

Profitability12/25

Growth11/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowLow leverageInterest easily coveredConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.0x5y range 16.6x – 48.4x

Currently near its 20-quarter median.

P/S · 1.9x5y range 1.5x – 3.1x

Currently near its 20-quarter median.

P/B · 2.6x5y range 2.2x – 4.5x

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 20.5% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $4.04B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.17B
Q. Revenue: $561.72M
TTM EBITDA: $294.35M
TTM Op. Income: $289.18M
Q. Op. Income: $82.94M
TTM Net Income: $202.06M
Q. Net Income: $59.17M
EPS: $2
Shares Out.: $29.66M

$2.17B in TTM revenue grew 2.2% YoY, reaching $561.72M last quarter. TTM EBITDA of $294.35M and TTM operating income of $289.18M show growth is flowing through to the bottom line. TTM net income of $202.06M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 39.4%
EBITDA Margin: 13.5%
Op. Margin: 14.8%
Net Margin: 10.5%

Op. margin of 14.8% is down 4.7% YoY — costs are rising relative to revenue. Net margin at 10.5% and gross margin of 39.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 24% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.0x
P/S Ratio: 1.9x
P/B Ratio: 2.6x

At 20.0x P/E, the stock trades within typical market levels. P/S of 1.9x and P/B of 2.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.56B
Cash: $167.00M
Long-Term Debt: $440.72M
Book Value: $1.56B
D/E Ratio: 0.3
Debt/EBITDA: 5.8

With $2.56B in assets and $440.72M in long-term debt, D/E is 0.3and book value is $1.56B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 1% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $64.57M
TTM Free Cash Flow: $269.23M
FCF Margin: 12.4%
FCF / Net Income: 1.3

TTM FCF of $269.23M on $64.57M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.