Dorman Products, Inc. (DORM) intrinsic value & 10-year financials
Dorman Products, Inc. (DORM) has a Graham intrinsic value of $140.35 per share. At $123.89 on Oct 17, 2026, the stock trades 12% below that value. Over the last 10 fiscal years revenue grew 10.6% a year to $2.1B, with an average return on invested capital of 14.1%.
- Graham intrinsic value
- $140.35
- Share price (Oct 17, 2026)
- $123.89
- Price vs Graham value
- 12% below
- Market cap
- $3.8B
- Revenue (FY2025)
- $2.1B
- Revenue growth (10-yr CAGR)
- 10.6%
- ROIC (10-yr avg)
- 14.1%
- Free cash flow (FY2025)
- $75.7M
DORM 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.1B | $204.2M | $6.64 | $75.7M | 14.1% | 11.8% |
| FY2024 | $2.0B | $190.0M | $6.14 | $191.6M | 14.6% | 12.4% |
| FY2023 | $1.9B | $129.3M | $4.10 | $164.8M | 11.1% | 10.0% |
| FY2022 | $1.7B | $121.5M | $3.85 | $3.8M | 9.9% | 10.6% |
| FY2021 | $1.3B | $131.5M | $4.12 | $80.5M | 12.8% | 16.0% |
| FY2020 | $1.1B | $106.9M | $3.30 | $136.5M | 12.2% | 14.3% |
| FY2019 | $991.3M | $83.8M | $2.56 | $65.7M | 10.7% | 11.4% |
| FY2018 | $973.7M | $133.6M | $4.02 | $52.0M | 17.6% | 19.6% |
| FY2017 | $903.2M | $106.6M | $3.13 | $69.8M | 19.5% | 17.2% |
| FY2016 | $859.6M | $106.0M | $3.07 | $101.5M | 19.6% | 17.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Dorman Products, Inc. is a consistent compounder, expanding top-line revenue at 10.6% annually over the past decade.
Dorman Products, Inc. returns on capital have been average, hovering around 12.3% ROIC over the decade.
Over the decade, Dorman Products, Inc. shows that management has aggressively returned capital to shareholders by retiring 11.1% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Dorman Products, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $140.35 per share.