Distribution Solutions Group, Inc. (DSGR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.41	$0.47	+14.6%	—	$557.7M	—
Q1 26	$0.28	$0.24	-14.3%	—	$496M	—
Q3 25	$0.4	$0.4	0.0%	—	$518M	—
Q2 25	$0.33	$0.35	+6.1%	—	$502.4M	—
Q1 25	$0.35	$0.31	-11.4%	—	$478M	—
Q4 24	$0.33	$0.42	+27.3%	—	$480.5M	—
Q3 24	$0.4	$0.37	-7.5%	—	$468M	—
Q2 24	$0.31	$0.4	+29.0%	—	$439.5M	—
Q1 24	$0.28	$0.25	-10.7%	—	$416.1M	—
Q4 23	$0.14	$0.22	+57.1%	—	$405.2M	—
Q3 23	$0.24	$0.17	-29.2%	—	$438.9M	—
Q2 23	$0.27	$0.26	-3.7%	—	$378M	—
Q1 23	$0.2	$0.26	+30.0%	—	$348.3M	—
Q4 22	$0.23	$0.13	-43.5%	—	$328.9M	—
Q3 22	$0.18	$0.32	+77.8%	—	$347.2M	—
Q2 22	$0.67	$0.36	-46.3%	—	$321.3M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.18	—	—	$2B	—
FY24	—	-$0.16	—	—	$1.8B	—
FY23	—	-$0.2	—	—	$1.6B	—
FY22	—	$0.21	—	—	$1.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$276.6M	$305.9M	$349.6M	$370.8M	$351.6M	$520.3M	$1.2B	$1.6B	$1.8B	$2B
YoY change	+0.27%	+10.6%	+14.3%	+6.05%	-5.18%	+48%	+121.3%	+36.4%	+14.9%	+9.75%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	276.6M	305.9M	349.6M	370.8M	351.6M	520.3M	1.2B	1.6B	1.8B	2B
Cost of revenue	108.5M	122.9M	160.1M	173.4M	165.1M	390M	760.5M	1B	1.2B	1.3B
Gross profit	168.1M	183M	189.5M	197.4M	186.5M	130.3M	390.9M	551.9M	613.8M	662M
Gross margin	60.8%	59.8%	54.2%	53.2%	53.1%	25%	33.9%	35.1%	34%	33.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	169.5M	178.5M	180.3M	188.3M	166M	118.9M	349.1M	508.9M	557.8M	583.8M
Operating expenses	169.5M	178.5M	180.3M	188.3M	166M	118.9M	349.1M	508.9M	557.8M	583.8M
Operating income	-1.5M	4.5M	9.2M	9.1M	20.6M	11.4M	41.8M	43M	56M	78.3M
Operating margin	-0.53%	1.48%	2.63%	2.45%	5.84%	2.2%	3.63%	2.74%	3.1%	3.95%
Non-operating income, net	422K	6.2M	-1.3M	1.2M	889K	577K	-4.5M	-2.2M	-1.3M	-3.5M
Pretax income	-1.5M	10.1M	6.9M	9.7M	20.8M	-4.7M	12.9M	-2M	-536K	19.4M
Income tax	98K	-19.6M	649K	2.5M	5.7M	313K	5.5M	7M	6.8M	11.1M
Net income	-1.6M	29.7M	6.2M	7.2M	15.1M	-5.1M	7.4M	-9M	-7.3M	8.3M
Net margin	-0.59%	9.7%	1.78%	1.95%	4.3%	-0.97%	0.64%	-0.57%	-0.41%	0.42%
EBITDA	7M	12.1M	14.7M	16.2M	28.1M	30.7M	86.3M	103.6M	130M	156.6M
EPS	-0.09	1.66	0.35	0.4	0.83	0.52	0.21	-0.2	-0.16	0.18
Diluted EPS	-0.09	1.62	0.33	0.38	0.81	0.5	0.21	-0.2	-0.16	0.18

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	438.9M	405.2M	416.1M	439.5M	468M	480.5M	478M	502.4M	518M	481.6M	496M	557.7M
Cost of revenue	293.6M	267.6M	272.7M	288M	309.2M	320.5M	314M	332.4M	347.6M	324M	332.7M	377.6M
Gross profit	145.3M	137.7M	143.4M	151.5M	158.8M	160M	164M	170.1M	170.3M	157.6M	163.3M	180.1M
Gross margin	33.1%	34%	34.5%	34.5%	33.9%	33.3%	34.3%	33.9%	32.9%	32.7%	32.9%	32.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	132.5M	138M	140.6M	137.4M	139.9M	139.9M	143.9M	143.3M	146.7M	149.9M	149.7M	152.3M
Operating expenses	132.5M	138M	140.6M	137.4M	139.9M	139.9M	143.9M	143.3M	146.7M	149.9M	149.7M	152.3M
Operating income	12.8M	-289K	2.8M	14.2M	18.9M	20.1M	20.1M	26.8M	23.6M	7.7M	13.6M	27.9M
Operating margin	2.91%	-0.07%	0.67%	3.22%	4.05%	4.18%	4.2%	5.34%	4.56%	1.6%	2.75%	5%
Non-operating income, net	-466K	-1K	-257K	351K	-873K	-567K	-368K	-726K	-1.3M	-1.1M	-702K	-486K
Pretax income	-578K	-13M	-9.3M	1.7M	2.9M	4.1M	5.5M	11.9M	8.4M	-6.3M	757K	14.4M
Income tax	990K	3.3M	-4.1M	-180K	-19M	30.1M	2.3M	6.9M	1.9M	25K	375K	5.9M
Net income	-1.6M	-16.3M	-5.2M	1.9M	21.9M	-25.9M	3.3M	5M	6.5M	-6.4M	382K	8.5M
Net margin	-0.36%	-4.03%	-1.26%	0.43%	4.68%	-5.4%	0.68%	1%	1.25%	-1.32%	0.08%	1.52%
EBITDA	28.7M	15.9M	19.6M	33.1M	37.6M	39.8M	40.7M	46.4M	42.4M	27.1M	32.7M	47.2M
EPS	-0.03	—	-0.11	0.04	0.47	-0.55	0.07	0.11	0.14	-0.14	0.01	0.18
Diluted EPS	-0.03	—	-0.11	0.04	0.46	-0.55	0.07	0.11	0.14	-0.14	0.01	0.18

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	410.6M	441.3M	564.4M	934.5M	921.5M	996.3M	—	—	1.6B	1.3B	1.6B
Enterprise value	409.5M	459M	569.8M	944.7M	903.4M	1.2B	—	—	2.4B	2B	2.4B
Shares outstanding	17.3M	17.8M	17.9M	17.9M	18.1M	18.2M	34.7M	44.9M	46.8M	46.4M	46.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	14.9	90.8	129.4	61	—	—	—	—	152.2	184
P/S	1.48	1.44	1.61	2.52	2.62	1.91	—	—	0.89	0.64	0.79
P/B	6.72	4.72	5.69	8.65	7.53	6.01	—	—	2.51	1.96	2.47
EV/EBITDA	58.2	38	38.7	58.4	32.1	40.1	—	—	18.3	12.9	15.3
EV/Sales	1.48	1.5	1.63	2.55	2.57	2.36	—	—	1.32	1.02	1.17
Earnings yield	—	6.73%	1.1%	0.77%	1.64%	—	—	—	—	0.66%	0.54%
FCF yield	1.35%	1.35%	3.15%	0.77%	3.35%	-0.35%	—	—	2.07%	3.41%	2.37%
PEG	—	—	—	—	—	—	—	—	—	—	2.89

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	60.8%	59.8%	54.2%	53.2%	53.1%	25%	33.9%	35.1%	34%	33.4%	32.3%
Operating margin	-0.53%	1.48%	2.63%	2.45%	5.84%	2.2%	3.63%	2.74%	3.1%	3.95%	5.45%
Net margin	-0.59%	9.7%	1.78%	1.95%	4.3%	-0.97%	0.64%	-0.57%	-0.41%	0.42%	0.44%
ROE	-2.66%	31.8%	6.27%	6.69%	12.3%	-3.05%	1.32%	-1.36%	-1.14%	1.29%	1.37%
ROA	-1.2%	15.5%	3.15%	3.53%	5.9%	-1.03%	0.61%	-0.58%	-0.42%	0.48%	2.84%
ROIC	-2.42%	4.06%	7.98%	5.73%	14.3%	2.86%	2.39%	3.5%	3.98%	2.39%	2.65%
Return on tangible assets	-1.33%	23.1%	4.75%	5.24%	10.1%	-5.63%	11.7%	-3.69%	-2.8%	2.31%	1.96%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.23	1.64	1.61	1.87	1.46	1.1	2.82	2.72	2.67	2.56	2.54
Quick ratio	1.15	0.79	0.82	0.89	0.83	0.48	1.26	1.41	1.37	1.35	1.39
Debt / equity	0.15	0.24	0.17	0.14	0.08	1.5	0.82	0.98	1.3	1.26	1.29
Debt / assets	0.07	0.12	0.09	0.08	0.04	0.51	0.38	0.42	0.48	0.47	0.47
Net debt / EBITDA	-0.15	1.46	0.36	0.63	-0.64	7.62	5.07	5.45	5.88	4.83	5.21
Interest coverage	-2.09	17.2	7.8	17	32.8	0.72	1.53	0.95	0.99	1.35	1.33
Effective tax rate	0%	0%	9.46%	25.4%	27.3%	0%	42.8%	0%	0%	57%	47.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	16	17.2	19.6	20.7	19.4	28.6	33.2	35	38.5	42.7	44.4
EPS (basic)	-0.09	1.66	0.35	0.4	0.83	0.52	0.21	-0.2	-0.16	0.18	0.18
EPS (diluted)	-0.09	1.62	0.33	0.38	0.81	0.5	0.21	-0.2	-0.16	0.18	0.19
Book value per share	3.54	5.24	5.55	6.02	6.76	9.11	16.2	14.7	13.7	14	14.2
FCF per share	0.32	0.33	1	0.4	1.7	-0.19	-0.9	1.73	0.71	0.94	0.29
Cash per share	0.6	0.25	0.67	0.31	1.57	0.81	0.71	1.87	1.42	1.33	1.45
Capex per share	0.18	0.28	0.14	0.11	0.09	0.41	0.33	0.42	0.31	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.13%	1.61%	0.72%	0.55%	0.48%	1.43%	0.99%	1.19%	0.8%	—	—
Capex / operating cash flow	28%	39%	12.4%	22.1%	5.64%	109.3%	-79.9%	20.9%	19.5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	0.69%

Yield

0.69%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.03

ex-dividend Jun 29, 2012

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 29, 2012	$0.03
Mar 30, 2012	$0.03
Dec 29, 2011	$0.03

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$438.9M	$405.2M	$416.1M	$439.5M	$468M	$480.5M	$478M	$502.4M	$518M	$481.6M	$496M	$557.7M
YoY change	+26.4%	+23.2%	+19.5%	+16.3%	+6.63%	+18.6%	+14.9%	+14.3%	+10.7%	+0.24%	+3.76%	+11%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	10.4M	4.4M	11.9M	5.5M	28.4M	14.7M	24.6M	83.9M	66.5M	61.8M
Receivables	30.2M	38.6M	37.7M	38.8M	44.5M	80.6M	166.3M	213.4M	250.7M	271.3M
Inventory	42.6M	50.9M	52.9M	55.9M	61.9M	132.7M	264.4M	316M	348.2M	353.4M
Total current assets	87.8M	98.4M	106.9M	106.4M	143.1M	236.1M	478.2M	657.3M	712.2M	746.9M
Property, plant & equipment	12.5M	11.2M	6.7M	12.4M	8.8M	50.5M	111.1M	164.3M	192.9M	209.2M
Goodwill & intangibles	12.7M	62.9M	66.4M	66.5M	107.4M	401.6M	1.2B	1.3B	1.5B	1.4B
Total assets	135.3M	191.1M	197.1M	204.4M	256.3M	491.4M	1.2B	1.6B	1.7B	1.7B
Accounts payable	11.3M	12.4M	15.2M	13.8M	22.3M	48M	80.5M	98.7M	125.6M	151.2M
Short-term debt	1.8M	15.7M	12M	3.8M	4.6M	139M	26.3M	46.1M	59.4M	56.1M
Total current liabilities	39.4M	60M	66.2M	56.9M	98M	214.9M	169.5M	242M	266.3M	291.5M
Long-term debt	7.5M	6.4M	5.2M	11.8M	5.7M	109.3M	435.7M	602.9M	771.7M	763M
Total liabilities	74.2M	97.6M	98M	96.4M	133.9M	325.6M	652.6M	888.7M	1.1B	1.1B
Shareholders' equity	61.1M	93.5M	99.2M	108M	122.4M	165.8M	563M	661.6M	640.5M	649.3M
Total debt	9.4M	22.1M	17.2M	15.6M	10.3M	248.3M	462M	649M	831.1M	819.1M
Net debt	-1M	17.7M	5.4M	10.1M	-18.1M	233.6M	437.4M	565.1M	764.6M	757.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	80.5M	83.9M	73.1M	46.8M	61.3M	66.5M	65.4M	47.4M	69.2M	61.8M	52.7M	66.9M
Receivables	238.5M	213.4M	221.3M	235.8M	281.1M	250.7M	280.4M	283.5M	295.5M	271.3M	306.7M	331.6M
Inventory	313.3M	316M	313.8M	320.7M	347M	348.2M	349.4M	350.3M	345.2M	353.4M	373.5M	378.7M
Total current assets	689.6M	657.3M	655.1M	660.4M	770.7M	712.2M	744.8M	740.9M	766.4M	746.9M	790.9M	831.8M
Property, plant & equipment	168.1M	164.3M	163M	167.3M	176.4M	192.9M	206.5M	201.3M	204.1M	209.2M	200.6M	199.7M
Goodwill & intangibles	1.3B	1.3B	1.3B	1.4B	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B
Total assets	1.6B	1.6B	1.5B	1.6B	1.8B	1.7B	1.8B	1.8B	1.8B	1.7B	1.8B	1.8B
Accounts payable	107.1M	98.7M	101.7M	108.2M	130.7M	125.6M	134.2M	143.3M	155M	151.2M	167.9M	188.1M
Short-term debt	45.6M	46.1M	44.9M	48.2M	61.4M	59.4M	59.4M	60.5M	62.7M	56.1M	56.3M	57.2M
Total current liabilities	249.9M	242M	240.5M	264.5M	274.1M	266.3M	272.2M	286.3M	306M	291.5M	301.1M	326.9M
Long-term debt	620.9M	602.9M	605.1M	647.1M	780M	771.7M	806.4M	766.7M	758.5M	763M	793.1M	788.3M
Total liabilities	919.9M	888.7M	888.5M	954.2M	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Shareholders' equity	676.1M	661.6M	654.7M	653.3M	680.8M	640.5M	636.7M	649.4M	653.9M	649.3M	648.1M	654.7M
Total debt	666.5M	649M	649.9M	695.4M	841.4M	831.1M	865.8M	827.2M	821.2M	819.1M	849.4M	845.5M
Net debt	586M	565.1M	576.9M	648.6M	780.1M	764.6M	800.4M	779.8M	752M	757.4M	796.7M	778.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-1.6M	29.7M	6.2M	7.2M	15.1M	-5.1M	7.4M	-9M	-7.3M	8.3M
Depreciation & amortization	8.1M	6.8M	6.9M	5.9M	6.7M	18.7M	45.2M	63.6M	74.4M	80.9M
Stock-based compensation	2.5M	3.1M	7.5M	4.1M	1.5M	0	2.4M	8.4M	5.2M	6.7M
Change in working capital	-301K	-5.7M	-823K	-10.1M	6.8M	-3.9M	-76.7M	20.1M	1.6M	-4.2M
Operating cash flow	11.1M	12.6M	20.3M	9.2M	29.9M	6.8M	-14.2M	89.3M	74M	83.8M
Capital expenditure	-3.1M	4.9M	-2.5M	-2M	-1.7M	-7.4M	-11.3M	-18.7M	-14.4M	—
Investing cash flow	-9.1M	-27.4M	-7.8M	-2M	-4M	-41.4M	-126.7M	-278.5M	-229.7M	-2.7M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-176K	-20K	-523K	-4.5M	-3.3M	0	-2.5M	-3.9M	-3.2M	-24.4M
Financing cash flow	-260K	13.4M	-4.5M	-22.5M	-5.8M	23.5M	-172.3M	-54.9M	159.3M	-65.1M
Net change in cash	1.7M	-1.4M	8M	-15.3M	20.2M	-11.1M	-313.2M	-244.2M	3.6M	16M
Free cash flow	5.5M	5.9M	17.8M	7.2M	30.8M	-3.5M	-31.1M	77.6M	33.3M	43.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	1.9M	21.9M	-25.9M	3.3M	5M	6.5M	-6.4M	382K	8.5M
Depreciation & amortization	—	—	—	18.5M	18.6M	20.2M	20M	20.3M	20M	20.5M	19.7M	19.9M
Stock-based compensation	—	—	—	-307K	2.4M	910K	974K	1.3M	2.4M	2M	2.4M	2.2M
Change in working capital	—	—	—	-7.4M	-9.1M	19.8M	-24.6M	8.6M	258K	11.6M	-38.3M	-16.2M
Operating cash flow	—	—	—	9.7M	35.4M	13.2M	3.8M	33.3M	38.4M	16.9M	-20.4M	22M
Capital expenditure	—	—	—	-4.1M	-4.1M	-3.4M	-5.1M	—	—	—	—	—
Investing cash flow	—	—	—	-86.4M	-103M	-8.4M	-5.1M	-1.4M	-750K	0	-16.2M	-295K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	-1.8M	-897K	-79K	-11.2M	-9.1M	-203K	-3.9M	-70K	-108K
Financing cash flow	-21.7M	174.7M	-2.8M	37.2M	140.8M	-12.6M	6.8M	-46.7M	-9.4M	-11.2M	32M	-3.2M
Net change in cash	-21.7M	174.7M	-2.8M	-39.5M	73.2M	-7.9M	5.5M	-14.8M	28.2M	5.8M	-4.6M	18.5M
Free cash flow	—	—	—	16M	-23M	37.3M	-13.3M	24.3M	27.2M	5.1M	-29.3M	10.2M

Date	Ratio
Sep 1, 2023	2:1
Apr 19, 1988	3:2
May 8, 1986	3:2
Feb 16, 1984	3:2
Jun 26, 1981	3:2

Distribution Solutions Group, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history