Dorman Products, Inc.

Dorman Products, Inc. (DORM) is currently classified as Automobile Manufacturers within Automobiles (Cyclical Consumer Goods & Services). Classification confidence: 0.98 (rule-based classification). Capital structure on the latest snapshot: total assets 2,435,131,000 USD, total equity 1,466,703,000, short-term debt 37,500,000, long-term debt 402,512,000. Net cash position is approximately -396,956,000 USD. Self-calculated market cap is 4,051,126,680 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 528,770,000, gross profit 190,155,000, operating income 58,783,000, net income 43,551,000. Return on equity ~13.9%. Return on assets ~8.4%. Operating-cash-flow to net-income ratio is 0.56. Risk profile from automated assessment: liquidity risk medium, dilution risk medium. Flags: Net cash is negative after subtracting total debt.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] allocator_boost: allocator_boost (allocator) on DORM — watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-08-02; rank=24; ev=8.240382; company_id=45927368-809b-43e7-8235-8f8e0f0035de; jurisdiction=US; term_contributions={'event_proximity': 2.456192, 'gradability': 2.0, 'staleness': 3.78419, 'credibility_interest': 0.0}; days_since_analysis=43; pending_promises=0; reason=Allocator coverage boost rank #24 EV=8.240382 for DORM (hot+stale; days_since=43); calendar_week={'next_event_date': '2026-08-03', 'days_until': 1, 'bases': ['expected (estimated date)'], 'in_plan_rows': True, 'never_analyzed': True}; contributing_watchers=allocator (source=allocator; url=allocator:2026-08-02:DORM). Additional context: allocator_boost: watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-08-02; rank=24; ev=8.240382; company_id=45927368-809b-43e7-8235-8f8e0f0035de; jurisdiction=US; term_contributions={'event_proximity': 2.456192, 'gradability': 2.0, 'staleness': 3.78419, 'credibility_interest': 0.0}; days_since_analysis=43; pending_promises=0; reason=Allocator coverage boost rank #24 EV=8.240382 for DORM (hot+stale; days_since=43); calendar_week={'next_event_date': '2026-08-03', 'days_until': 1, 'bases': ['expected (estimated date)'], 'in_plan_rows': True, 'never_analyzed': True}; contributing_watchers=allocator.

Dorman Products Inc. (DORM) has entered the analysis scope for the first time, establishing a baseline for future monitoring with no prior data available for delta computation. This initial assessment highlights the company's current structural profile, which includes a shareholder base comprising 35 top holders, while noting the absence of reported officer counts, analyst coverage, or index memberships in the current dataset. The most significant activity detected involves a major modification in holdings by investor ID 587, as reported in filings dated March 31, 2026. Two conflicting signals were detected regarding this position: one record indicates a reduction in shares from 5,716 to 104, while a separate detection shows an increase from 104 to 5,716. Both changes were flagged with major severity and detected in late June 2026, suggesting a discrepancy or rapid adjustment in the reporting of this specific investor's stake. These holding adjustments represent the primary material change for the period, as no other operational or financial deltas were identified due to the lack of a prior comparative basis. The value associated with the larger position is approximately $0.60 million, representing a weight of roughly 0.00034% of the total, whereas the smaller position holds a value of about $0.01 million with a negligible weight. For investors, the significance of these signals lies in the need to clarify the true extent of investor ID 587's position, as the conflicting data points create uncertainty regarding recent trading activity. Until the discrepancy is resolved, the baseline metrics—such as the count of top holders and the absence of analyst coverage—remain the primary reference points for understanding Dorman Products' current market presence.

Net income grew at a 21.2% CAGR from FY2023 to FY2025, demonstrating strong earnings expansion over the period.

The company maintains a low leverage band with a debt-to-equity ratio of 0.30, reducing financial risk.

Revenue reached $2.13 billion in FY2025, showing continued top-line growth despite broader market fluctuations.

Free cash flow dropped to $75.7 million in FY2025, a significant decline from $191.6 million in FY2024.

Cash conversion of 0.56 places Dorman in the bottom quartile of the Automobiles cohort, signaling efficiency issues.

The company faces medium dilution risk, which could negatively impact existing shareholder value and earnings per share.

Medium liquidity risk flags suggest potential challenges in meeting short-term obligations under stressed conditions.

Revenue $528.8M; Operating income $58.8M.

• ▍Revenue $528.8M
• ▍Operating income $58.8M
• ▍Net margin 8.2%

Revenue $1.59B; Operating income $268.3M.

• ▍Revenue $1.59B
• ▍Operating income $268.3M
• ▍Net margin 12.1%

Revenue $1.05B; Operating income $162.6M.

• ▍Revenue $1.05B
• ▍Operating income $162.6M
• ▍Net margin 11.1%

Revenue $2.13B; Operating income $299.5M.

• ▍Revenue $2.13B
• ▍Operating income $299.5M
• ▍Net margin 9.6%

Revenue $2.01B; Operating income $292.9M.

• ▍Revenue $2.01B
• ▍Operating income $292.9M
• ▍Net margin 9.5%

Revenue $2.01B; Operating income $292.9M.

• ▍Revenue $2.01B
• ▍Operating income $292.9M
• ▍Net margin 9.5%

Revenue $1.93B; Operating income $214.8M.

• ▍Revenue $1.93B
• ▍Operating income $214.8M
• ▍Net margin 6.7%

Revenue $1.93B; Operating income $214.8M.

• ▍Revenue $1.93B
• ▍Operating income $214.8M
• ▍Net margin 6.7%