Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3400 E Walnut St COLMAR PA 18915 |
Tel: | 1-517-6674003 |
Website: | https://www.dormanproducts.com |
IR: | See website |
Key People | ||
Kevin M. Olsen President, Chief Executive Officer, Director | David M. Hession Chief Financial Officer, Senior Vice President, Treasurer | Paul E. Anderson President - Heavy Duty |
John Mcknight President - Heavy Duty | Scott D. Leff Chief Human Resource Officer, Senior Vice President | Donna M. Long Senior Vice President, Chief Information Officer |
Joseph P. Braun Senior Vice President, General Counsel, Corporate Secretary | Jeffrey L. Darby Senior Vice President - Sales and Marketing | Eric Luftig Senior Vice President - Product |
Business Overview |
Dorman Products, Inc. is a supplier of replacement and upgrade parts in the motor vehicle aftermarket industry, serving passenger cars, light, medium, and heavy-duty trucks, as well as specialty vehicles, including utility terrain vehicles (UTVs) and all-terrain vehicles (ATVs). The Company is an aftermarket supplier of parts that are traditionally available to professional installers and consumers only from original equipment manufacturers or salvage yards. These parts include leaf springs, intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation (EGR) coolers, UTV windshields, and complex electronics modules. Its product classes include powertrain, chassis, motor vehicle body, and hardware. Its products are sold primarily through aftermarket retailers, including through their online platforms; dealers; national, regional and local warehouse distributors and specialty markets; and salvage yards. |
Financial Overview |
For the fiscal year ended 31 December 2023, Dorman Products Inc revenues increased 11% to $1.93B. Net income increased 6% to $129.3M. Revenues reflect Specialty Vehicle segment increase from $49.6M to $210.4M, Light Duty segment increase of 3% to $1.46B, Net Sales to U.S. Customers segment increase of 10% to $1.77B, Net Sales to Non-U.S. Customers segment increase of 24% to $157.7M. |
Employees: | 3,872 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,272M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,930M as of Dec 31, 2023 |
EBITDA (TTM): | $269.49M as of Dec 31, 2023 |
Net annual income (TTM): | $129.26M as of Dec 31, 2023 |
Free cash flow (TTM): | $164.79M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $538.81M as of Dec 31, 2023 |
Shares outstanding: | 31,025,957 as of Mar 26, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |