Distribution Solutions Group, I (DSGR) Stock Fundamentals, Analysis & Risk Signals

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

Distribution Solutions Group, I

NasdaqGS•Industrials•Industrial Distribution

$34.66-0.07(<0.01%)Market closed

Market Cap

$1.61B

P/E

179.7x

P/S

0.8x

P/B

2.5x

Distribution Solutions Group, Inc., a specialty distribution company, provides value-added distribution solutions to the maintenance, repair and operations (MRO), original equipment manufacturer, and industrial technology markets. It operates through four segments: Lawson, TestEquity, Gexpro Services, and Canada Branch Division. The Lawson segment distributes specialty products and services to the industrial, commercial, institutional, and government MRO marketplace. The TestEquity segment distributes test and measurement equipment and solutions, industrial and electronic production supplies, and vendor managed inventory programs, as well as converting, fabrication, and adhesive solutions to the aerospace and defense, wireless and communication, semiconductors, industrial electronics and automotive, and electronics manufacturing industries under the TestEquity, Hisco, Techni-Pro, Techni-Tool, and Jensen Tools brands. The Gexpro Services segment provides supply chain management solutions that offer VMI, kitting, global logistics management, manufacturing localization and import expertise, value engineering and quality assurance to renewables, industrial power, consumer and industrial, technology, transportation, and aerospace and defense. The Canada Branch Division distributes industrial MRO supplies, safety products, fasteners, power tools, and related value-add services to the industrial, government, commercial, and residential contractor markets for the Canadian MRO market. The company distributes MRO products to its customers through a network of sales representatives. It has operations in the United States, Canada, Europe, Pacific Rim, Latin America, and internationally. The company was formerly known as Lawson Products, Inc. and has changed to Distribution Solutions Group, Inc. 2022. Distribution Solutions Group, Inc. was incorporated in 1952 and is headquartered in Fort Worth, Texas.

How this company scores

AverageMetricSide Score: 47/100

Strongest: Growth (21/25); weakest: Cash & Earnings Quality (7/25).

Profitability8/25

Growth21/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality7/25

Strengths

Rising earningsConsistent growthImproving marginsNo share dilution

Valuation vs. 5-year range

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

P/E · 179.7x5y range 11.8x – 1131.7x

Currently above its 14-quarter median.

P/S · 0.8x5y range 0.3x – 1.0x

Currently near its 20-quarter median.

P/B · 2.5x5y range 0.5x – 2.6x

Watch items

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

High Risk

Margin Pressure

Red Flag

Operating margins dropped 21.7% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -7.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.61B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $2.05B
Q. Revenue: $557.73M
TTM EBITDA: $152.99M
TTM Op. Income: $72.84M
Q. Op. Income: $27.87M
TTM Net Income: $8.96M
Q. Net Income: $8.49M
EPS: $0.18
Shares Out.: $46.21M

$2.05B in TTM revenue grew 6.4% YoY, reaching $557.73M last quarter. TTM EBITDA of $152.99M and TTM operating income of $72.84M show growth is flowing through to the bottom line. TTM net income of $8.96M 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: 32.3%
EBITDA Margin: 8.6%
Op. Margin: 5.0%
Net Margin: 1.5%

Op. margin of 5.0% is down 0.3% YoY — costs are rising relative to revenue. Net margin at 1.5% and gross margin of 32.3% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 179.7x
P/S Ratio: 0.8x
P/B Ratio: 2.5x

At 179.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.8x and P/B of 2.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 84% — an improving trend.

Assets & Liabilities

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

Total Assets: $1.82B
Cash: $66.94M
Long-Term Debt: $693.66M
Book Value: $654.72M
D/E Ratio: 1.1
Debt/EBITDA: 14.5

With $1.82B in assets and $693.66M in long-term debt, D/E is 1.1and book value is $654.72M — moderate leverage. Over the past year, debt/equity is up 2% — an improving trend.

Cash Flow

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

Op. Cash Flow: $21.98M
TTM Free Cash Flow: $37.31M
FCF Margin: 1.8%
FCF / Net Income: 4.2

TTM FCF of $37.31M on $21.98M in operating cash flow. The FCF / Net Income ratio of 4.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.