Dorman Products, Inc.
Business
Dorman Products is a leading supplier of replacement and upgrade parts in the motor vehicle aftermarket, serving light-duty, heavy-duty, and specialty vehicles with approximately 144,000 distinct parts. The company markets products under Dorman, Dayton Parts, and SuperATV brands, as well as private-label offerings, covering engine, undercar, steering, suspension, body, electronics, and hardware categories. Dorman operates three reportable segments aligned with vehicle sectors and distributes products primarily through North American aftermarket retailers, dealers, and distributors, with additional international sales in Canada, Mexico, Europe, the Middle East, and Australia.
Summary from 10-K filed 2026-02-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 2,130 | 2,009 | 1,930 | 1,734 | 1,345 | |
| Cost of goods sold | 1,233 | 1,203 | 1,244 | 1,169 | 882 | |
| Gross profit | 898 | 806 | 685 | 564 | 463 | |
| Selling, general, and administrative expenses | 541 | 513 | 471 | 393 | 291 | |
| Goodwill impairment charge | 57 | 0 | 0 | — | — | |
| Income from operations | 300 | 293 | 215 | 171 | 172 | |
| Interest expense, net | 29 | 40 | 48 | 16 | — | |
| Other income, net | 4 | 3 | 2 | 735,000 | −377,000 | |
| Income before income taxes | 275 | 256 | 169 | 156 | 170 | |
| Provision for income taxes | 71 | 66 | 39 | 35 | 38 | |
| Net income | 204 | 190 | 129 | 122 | 132 | |
| Change in foreign currency translation adjustment | 2 | −4 | 713,000 | −2 | −1 | |
| Comprehensive Income | 206 | 186 | 130 | 120 | 130 | |
| Basic (dollars per share) | 6.69 | 6.17 | 4.11 | 3.87 | 4.13 | |
| Diluted (dollars per share) | 6.64 | 6.14 | 4.1 | 3.85 | 4.12 | |
| Basic (in shares) | 31 | 31 | 31 | 31 | 32 | |
| Diluted (in shares) | 31 | 31 | 32 | 32 | 32 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 49 | 57 | 37 | 46 | 59 | |
| Accounts receivable, less allowance for doubtful accounts of $1,948 and $1,619 | 479 | 574 | 527 | 427 | 473 | |
| Inventories | 959 | 708 | 637 | 756 | 532 | |
| Prepaids and other current assets | 34 | 31 | 33 | 40 | 13 | |
| Total current assets | 1,522 | 1,370 | 1,234 | 1,269 | 1,077 | |
| Property, plant, and equipment, net | 169 | 164 | 160 | 148 | 115 | |
| Operating lease right-of-use assets | 113 | 118 | 103 | 110 | 59 | |
| Goodwill | 387 | 443 | 444 | 443 | 197 | |
| Intangible assets, net | 257 | 278 | 302 | 322 | 179 | |
| Deferred tax assets | 0 | 6 | 0 | — | — | |
| Other assets | 46 | 45 | 50 | 49 | 47 | |
| Total assets | 2,493 | 2,425 | 2,292 | 2,342 | 1,673 | |
| Accounts payable | 185 | 232 | 177 | 180 | 177 | |
| Accrued compensation | 31 | 44 | 24 | 19 | 27 | |
| Accrued customer rebates and returns | 197 | 204 | 204 | 192 | 188 | |
| Revolving credit facility | 0 | 14 | 93 | 239 | 239 | |
| Current portion of long-term debt | 38 | 28 | 16 | 13 | 0 | |
| Other accrued liabilities | 42 | 42 | 34 | 35 | 34 | |
| Total current liabilities | 493 | 564 | 547 | 678 | 665 | |
| Long-term debt | 402 | 440 | 467 | 482 | 0 | |
| Long-term operating lease liabilities | 97 | 105 | 91 | 98 | 52 | |
| Deferred tax liabilities | 4 | 4 | 9 | 12 | 18 | |
| Other long-term liabilities | 20 | 19 | 10 | 28 | 5 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Common stock, par value $0.01; authorized 50,000,000 shares; issued and outstanding 30,391,955 and 30,565,855 shares in 2025 and 2024, respectively | 304,000 | 306,000 | 313,000 | 314,000 | 316,000 | |
| Additional paid-in capital | 137 | 119 | 101 | 89 | 77 | |
| Retained earnings | 1,344 | 1,181 | 1,069 | 957 | 856 | |
| Accumulated other comprehensive loss | −5 | −7 | −3 | −3 | −1 | |
| Total shareholders' equity | 1,477 | 1,293 | 1,168 | 1,043 | 933 | |
| Total liabilities and shareholders' equity | 2,493 | 2,425 | 2,292 | 2,342 | 1,673 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income | 204 | 190 | 129 | 122 | 132 | |
| Depreciation, amortization, and accretion | 56 | 57 | 55 | 45 | 35 | |
| Provision for doubtful accounts | 332,000 | 90,000 | 5 | 86,000 | 181,000 | |
| Provision (benefit) from deferred income taxes | 6 | −11 | −3 | −6 | −12 | |
| Provision for stock-based compensation | 20 | 15 | 11 | 9 | 8 | |
| Fair value adjustment to contingent consideration | 0 | 0 | −21 | 0 | 0 | |
| Accounts receivable | 94 | −47 | −104 | 48 | 11 | |
| Inventories | −250 | −72 | 119 | −134 | −154 | |
| Prepaids and other current assets | −3 | −5 | 15 | −11 | −3 | |
| Other assets | −6 | 796,000 | −5 | −28,000 | −5 | |
| Accounts payable | −48 | 56 | −3 | −6 | 47 | |
| Accrued customer rebates and returns | −7 | −120,000 | 12 | 2 | 31 | |
| Accrued compensation and other liabilities | −10 | 48 | −2 | −28 | 12 | |
| Cash provided by operating activities | 114 | 231 | 209 | 42 | 100 | |
| Acquisitions, net of divestitures | 0 | 100,000 | 67,000 | −489 | −345 | |
| Property, plant, and equipment additions | −38 | −39 | −44 | −38 | −20 | |
| Cash used in investing activities | −38 | −39 | −44 | −527 | −365 | |
| Payments of revolving credit line | −14 | −79 | −147 | −10 | −13 | |
| Payments of long-term debt | −28 | −16 | −13 | −3 | 0 | |
| Payment of deferred acquisition consideration | 0 | −200,000 | 0 | 0 | — | |
| Proceeds from exercise of stock options | 4 | 5 | 1 | 1 | 3 | |
| Purchase and cancellation of common stock | −41 | −81 | −16 | −20 | −63 | |
| Other stock-related activity | −5 | −254,000 | −467,000 | 132,000 | 1 | |
| Cash used in financing activities | −84 | −171 | −174 | 472 | 168 | |
| Effect of exchange rate changes on Cash and Cash Equivalents | 323,000 | −424,000 | 32,000 | −93,000 | −44,000 | |
| Net (Decrease) increase in Cash and Cash Equivalents | −8 | 20 | −9 | −13 | −97 | |
| Cash paid for interest expense | 27 | 39 | 50 | 12 | 2 | |
| Cash paid for income taxes, net of amount refunded | 69 | 57 | 35 | 63 | 46 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Dorman Products, Inc.'s CIK number?
Dorman Products, Inc.'s SEC CIK number is 0000868780 (868780). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Dorman Products, Inc.'s SEC filings?
All of Dorman Products, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Dorman Products, Inc. last report earnings?
Dorman Products, Inc. (DORM) most recently filed an earnings 8-K with the SEC on May 4, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000868780-26-000022). This is Dorman Products, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Dorman Products, Inc.'s most recent earnings 8-K?
Dorman Products, Inc.'s latest earnings 8-K (Item 2.02) was filed May 4, 2026 under accession 0000868780-26-000022. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Dorman Products, Inc.'s latest earnings 8-K →
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