BOOMNasdaqMiscellaneous Primary Metal ProductsFiscal year ends December 31
DMC Global Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$5.29−0.04 (-0.75%)
Close on Oct 19, 2026
- Market cap
- $107.05M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
22.2%−2.6 pts over 5 years
Operating margin
-0.0%+0.4 pts over 5 years
Net margin
-2.2%−1.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.1% | -2.3% | +21.6% | +13.8% | |
| Gross profit | -10.2% | -10.0% | +18.9% | +14.3% | |
| Free cash flow | +26.3% | +12.0% | +17.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -5.6% | -0.8% | -5.5% | |
| Return on assets | -3.8% | -0.5% | -2.1% | |
| Current ratio | 2.39 | 3.04 | 2.50 | |
| Debt to equity | – | 0.06 | 0.21 | |
| Net debt to EBITDA | – | -1.68× | 0.55× | |
| Interest coverage | -4.9× | -1.4× | -0.0× | |
| Inventory turnover | 3.7× | 3.2× | 3.2× | |
| Capex to revenue | 3.6% | 6.0% | 2.7% | |
| Diluted shares | 14M | 15M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
DMC Global generated $223.81M from operations and spent $88.11M on capital expenditure, dividends and share buybacks. 87% of that went back into the business.
Generated
$223.81M
Used
$88.11M
Capital expenditure$77.00M87%Dividends$2.50M3%Share buybacks$8.60M10%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.2%
×Asset turnover0.93×
×Equity multiplier2.65×
=Return on equity, FY2025-5.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.2% | 0.93× | 2.65× | -5.5% |
| FY2024 | -14.7% | 0.83× | 2.35× | -28.6% |
| FY2023 | 3.7% | 0.82× | 2.23× | 6.6% |
| FY2022 | 1.9% | 0.75× | 2.35× | 3.3% |
| FY2021 | -0.1% | 0.45× | 2.05× | -0.1% |
| FY2020 | -0.6% | 0.82× | 1.51× | -0.8% |
| FY2019 | 8.6% | 1.54× | 1.69× | 22.2% |
| FY2018 | 9.3% | 1.58× | 1.72× | 25.4% |
| FY2017 | -9.8% | 1.15× | 1.54× | -17.3% |
| FY2016 | -4.1% | 0.92× | 1.49× | -5.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$13.45M
- Cash generatingOperating cash flow above zero$53.53M
- Return on assets improvedROA up on the prior year-10.7% → -2.0%
- Earnings backed by cashOperating cash flow above net income$53.53M vs -$13.45M
- Less leverageLong-term debt to assets fell10.2% → 7.4%
- Better liquidityCurrent ratio rose2.53 → 2.50
- No dilutionShare count did not rise20M → 20M
- Gross margin improvedGross margin up on the prior year23.42% → 22.18%
- More efficientAsset turnover rose0.73 → 0.91