Dorman Products, Inc. (DORM) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Industrials
Motor Vehicle Parts & AccessoriesSEC EDGAR

Dorman Products, Inc. (DORM) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Dorman Products, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: Leading supplier of motor vehicle aftermarket replacement and upgrade parts for light-, medium-, heavy-duty, and specialty vehicles
  • New products: 5,560 distinct parts introduced including "OE FIX" exhaust manifolds, metal heater hose connectors, active grille shutters, new heavy-duty EGR coolers, and scratch-resistant UTV windshields
+3 more insights

Management Discussion & Analysis

  • Revenue $1.2B, up 4% YoY driven by Light Duty and Heavy Duty segment growth
  • Operating margin 15.3% vs 14.7% prior year
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Risk Factors

  • U.S. trade policy risk: 77% of purchases from non-U.S. suppliers, 38% from China, vulnerable to tariffs and retaliatory measures raising costs and reducing demand
  • Customer concentration risk: Two customers accounted for ~40% of 2025 net sales, loss or reduced purchases could materially impact sales and operations
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Dorman Products, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$2.1B

+6.0% YoY

Net Income

$204M

+7.5% YoY

Gross Margin

42.1%

+201bp YoY

Operating Margin

14.1%

-52bp YoY

Net Margin

9.6%

+13bp YoY

ROE

13.8%

-87bp YoY

Total Assets

$2.5B

+2.8% YoY

EPS (Diluted)

$6.64

+8.1% YoY

Operating Cash Flow

$114M

-50.8% YoY

Source: XBRL data from Dorman Products, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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