DSGRNasdaqWholesale-Machinery, Equipment & SuppliesFiscal year ends December 31
Distribution Solutions Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$35.05−0.01 (-0.03%)
Close on Oct 19, 2026
- Market cap
- $1.63B
- P/E (TTM)
- 184.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
33.4%−19.6 pts over 5 years
Operating margin
4.0%−1.9 pts over 5 years
Net margin
0.4%−3.9 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 | +9.8% | +19.8% | +41.3% | +21.8% | |
| Gross profit | +7.9% | +19.2% | +28.8% | +14.6% | |
| Operating income | +39.9% | +23.3% | +30.7% | +43.5% | |
| Net income | – | +4.1% | -11.2% | +39.6% | |
| EPS, diluted | – | -5.0% | -26.0% | +28.2% | |
| Free cash flow | +46.9% | – | +15.3% | +24.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -2.7% | 11.5% | 1.3% | |
| Return on assets | -1.2% | 6.6% | 0.5% | |
| Current ratio | 2.23 | 1.46 | 2.56 | |
| Debt to equity | – | – | 1.08 | |
| Net debt to EBITDA | – | – | 4.01× | |
| Interest coverage | -2.9× | 31.4× | 1.4× | |
| Inventory turnover | 2.5× | 2.8× | 3.8× | |
| Capex to revenue | 1.1% | 0.5% | 1.1% | |
| Diluted shares | 18M | 19M | 47M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Distribution Solutions generated $263.94M from operations and spent $93.26M on capital expenditure, dividends and share buybacks. 66% of that went back into the business.
Generated
$263.94M
Used
$93.26M
Capital expenditure$61.37M66%Dividends$00%Share buybacks$31.89M34%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.4%
×Asset turnover1.14×
×Equity multiplier2.69×
=Return on equity, FY20251.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.4% | 1.14× | 2.69× | 1.3% |
| FY2024 | -0.4% | 1.10× | 2.52× | -1.1% |
| FY2023 | -0.6% | 1.14× | 2.26× | -1.5% |
| FY2022 | 0.6% | 1.35× | 2.34× | 2.0% |
| FY2021 | -1.0% | 1.39× | 2.33× | -3.1% |
| FY2020 | 4.3% | 1.53× | 1.75× | 11.5% |
| FY2019 | 1.9% | 1.85× | 1.94× | 7.0% |
| FY2018 | 1.8% | 1.80× | 2.02× | 6.5% |
| FY2017 | 9.7% | 1.87× | 2.11× | 38.4% |
| FY2016 | -0.6% | 2.06× | 2.19× | -2.7% |
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$8.35M
- Cash generatingOperating cash flow above zero$83.85M
- Return on assets improvedROA up on the prior year-0.5% → 0.5%
- Earnings backed by cashOperating cash flow above net income$83.85M vs $8.35M
- Less leverageLong-term debt to assets fell40.2% → 38.0%
- Better liquidityCurrent ratio rose2.67 → 2.56
- No dilutionShare count did not rise47M → 47M
- Gross margin improvedGross margin up on the prior year34.02% → 33.44%
- More efficientAsset turnover rose1.16 → 1.15