Dorman Products

OverviewSuggest Edit

Dorman Products is a supplier of replacement parts and fasteners for passenger cars, light trucks, and heavy duty trucks in the automotive aftermarket industry. It designs, engineers, markets, packages, and distributes original equipment (OE) “dealer exclusive” items, such as intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation (EGR) coolers and complex electronics modules. The company also offers a variety of fasteners including oil drain plugs, wheel bolts, and wheel lug nuts.

TypePublic
Founded1918
HQColmar, PA, US
Websitedormanproducts.com
Employee Ratings3.5
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)2,681(-2%)
Job Openings93
Revenue (FY, 2020)$1.1 B(+11%)
Share Price (Jun 2022)$104.7(+2%)
Cybersecurity ratingBMore
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Key People/Management at Dorman Products

Steven L. Berman

Steven L. Berman

Executive Chairman
Kevin M. Olsen

Kevin M. Olsen

President, Chief Executive Officer and Director
Joseph P. Braun

Joseph P. Braun

Senior Vice President and General Counsel
Lisa M. Bachmann

Lisa M. Bachmann

Director
Jeffrey L. Darby

Jeffrey L. Darby

Senior Vice President, Sales and Marketing
Kelly A. Romano

Kelly A. Romano

Director
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Dorman Products Office Locations

Dorman Products has offices in Colmar, Louisiana, Portland, Sanford and in 2 other locations
Colmar, PA, US (HQ)
3400 E Walnut St
Louisiana, MO, US
20151 State Hwy UU
Portland, TN, US
1140 Vaughn Pkwy
Sanford, NC, US
905 J R Industrial Dr
Warsaw, KY, US
25 Dorman Dr
Shanghai, CN
Peninsula Bay 735 Li Yang Road, Building 3, Room 3106 and 3209
Show all (6)

Dorman Products Financials and Metrics

Dorman Products Revenue

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Dorman Products's revenue was reported to be $1.09 b in FY, 2020 which is a 10.2% increase from the previous period.
USD

Revenue (Q3, 2021)

348.4m

Gross profit (Q3, 2021)

116.9m

Gross profit margin (Q3, 2021), %

33.5%

Net income (Q3, 2021)

33.1m

EBIT (Q3, 2021)

44.2m

Market capitalization (24-Jun-2022)

3.3b

Closing stock price (24-Jun-2022)

104.7

Cash (25-Sept-2021)

57.3m

EV

3.6b
Dorman Products's current market capitalization is $3.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

973.7m991.3m1.1b

Revenue growth, %

8%2%10%

Cost of goods sold

600.4m651.5m709.6m

Gross profit

373.3m339.8m383.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

243.8m254.2m253.8m257.7m233.2m300.6m288.0m310.6m348.4m

Cost of goods sold

156.3m167.0m166.9m172.9m154.0m192.8m183.5m200.5m231.6m

Gross profit

87.5m87.1m86.9m84.8m79.1m107.8m104.5m110.1m116.9m

Gross profit Margin, %

36%34%34%33%34%36%36%35%34%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

43.5m68.4m155.6m

Accounts Receivable

310.1m391.8m460.9m

Prepaid Expenses

5.7m13.6m7.8m

Inventories

270.5m280.8m298.7m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

133.6m83.8m106.9m

Depreciation and Amortization

28.4m25.9m32.3m

Inventories

(46.8m)(11.0m)(12.3m)

Accounts Payable

27.0m(19.1m)25.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

23.4m44.9m66.2m22.8m36.7m70.9m32.7m64.3m97.5m

Depreciation and Amortization

7.3m14.1m21.0m7.5m15.0m22.5m7.3m16.9m24.9m

Inventories

(18.2m)(21.2m)(12.2m)28.0m11.6m3.1m(39.0m)(58.0m)(97.2m)

Accounts Payable

(11.1m)(6.9m)(28.4m)(19.3m)(8.7m)20.3m737.0k8.8m20.5m
USDFY, 2018

Revenue/Employee

410.8k

Financial Leverage

1.2 x
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Dorman Products Operating Metrics

FY, 2018FY, 2019FY, 2020

Active Accounts

2.5 k2.6 k3.6 k

Facilities

211616

Patents

6271

Patents Pending

1816

Dorman Products Acquisitions / Subsidiaries

Company NameDateDeal Size
Dayton Parts LLCAugust 10, 2021$345.5 m
Power Train Industries, Inc.January 02, 2020$30.7 m
Flight Systems Automotive Group L.L.C.August 31, 2018
MAS Automotive Distributors, Inc.October 31, 2017
Re-Involt Technologies, LLCMay 17, 2013$3.7 m
Rockford Products Corporation (Consumer Products Division)September 30, 2007$3.4 m
The Automotive Edge/HermoffJune 30, 2005$1.7 m
RB Distribution, Inc.
RB Management, Inc.

Dorman Products Revenue Breakdown

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Dorman Products revenue breakdown by business segment: 29.7% from Chassis, 24.4% from Automotive Body, 40.5% from Powertrain and 5.4% from Hardware

Human Capital Metrics

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Dorman Products Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Dorman Products Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Dorman Products Online and Social Media Presence

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Dorman Products Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    B

    72/100

  • Compensation

    D-

    49/100

Learn more on Comparably

Dorman Products News and Updates

Dorman Products, Inc. Announces Date to Report First Quarter 2022 Financial Results

COLMAR, Pa., April 11, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the first quarter ended March 26, 2022 before the opening of the Nasdaq Stock Market on April 25, 2022.

Dorman Products, Inc. Announces Date to Report Fourth Quarter and Fiscal 2021 Financial Results

COLMAR, Pa., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the fourth quarter and fiscal year ended December 25, 2021 before the opening of the Nasdaq Stock Market on February 22, …

Dayton Parts and Dorman Products Hosting Combined Booth at HDAW ’22

COLMAR, Pa., Jan. 19, 2022 (GLOBE NEWSWIRE) -- After joining forces in 2021 to deliver enhanced coverage, quality, innovation and service to the heavy-duty aftermarket, Dayton Parts, LLC and Dorman Products, Inc. (NASDAQ:DORM) will host their first combined tradeshow booth at this year’s Heavy Dut…
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Dorman Products Frequently Asked Questions

  • When was Dorman Products founded?

    Dorman Products was founded in 1918.

  • Who are Dorman Products key executives?

    Dorman Products's key executives are Steven L. Berman, Kevin M. Olsen and Joseph P. Braun.

  • How many employees does Dorman Products have?

    Dorman Products has 2,681 employees.

  • What is Dorman Products revenue?

    Latest Dorman Products annual revenue is $1.1 b.

  • What is Dorman Products revenue per employee?

    Latest Dorman Products revenue per employee is $407.6 k.

  • Who are Dorman Products competitors?

    Competitors of Dorman Products include Sumidenso Do Brasil Indústrias Elétricas, MacLean-Fogg and Shanghai Baolong Automotive.

  • Where is Dorman Products headquarters?

    Dorman Products headquarters is located at 3400 E Walnut St, Colmar.

  • Where are Dorman Products offices?

    Dorman Products has offices in Colmar, Louisiana, Portland, Sanford and in 2 other locations.

  • How many offices does Dorman Products have?

    Dorman Products has 6 offices.