Revenue from the automotive industry: 100%
TOP 3 markets:

1. USA: approximately 75%
2. Canada: approximately 10%
3. Mexico: approximately 5%

Dorman Products, Inc. is a leading provider of spare parts for the automotive industry. The company generates all of its revenue from the automotive sector by distributing spare parts and accessories for cars and commercial vehicles.

The main market for Dorman Products is the USA, where the majority of its revenue is generated. Canada and Mexico follow as other important markets in North America. These markets are particularly significant for the company due to their geographical proximity and trade relationships.

Production Sites: USA, China, India

Dorman Products, Inc. mainly produces its products in the United States, China, and India. This geographical diversification enables the company to optimize production costs and react flexibly to demand in different markets. The production facilities in the USA are particularly important for serving the North American market quickly and efficiently. The sites in China and India support cost efficiency and supply to the Asian markets.

Revenue Growth: 8.5% (estimated 2024)
Profit Growth: 9.2% (estimated 2024)

Dorman Products, Inc. pursues a growth strategy that is strongly focused on innovation and expanding its product portfolio. The company continuously invests in research and development to develop new and improved automotive parts that meet the changing market demands.

Another key aspect of the strategy is geographical expansion. Dorman Products plans to expand its presence in international markets to benefit from the increasing demand for spare parts in emerging markets.

Additionally, the company relies on strategic acquisitions to strengthen its market position and integrate new technologies. These acquisitions are intended not only to expand the existing product range but also to improve operational efficiency.

Main raw materials: Metals, plastics, rubber
Main supplying countries: China, Mexico, India

Dorman Products, Inc. is a company specializing in the manufacturing and distribution of spare parts for the automotive industry. The main raw materials imported by the company include metals, plastics, and rubber, which are essential for the production of car parts.

China is one of the largest suppliers of these materials, especially metals and plastics, due to the extensive production capacities located there. Mexico is also a significant partner, especially for rubber and plastic products, thanks to its geographical proximity and trade agreements with the USA. India is playing an increasingly important role as a supplier of metals and processed components, as it has expanded its production capacities in recent years.

These import strategies enable Dorman Products to remain competitive and optimize costs by benefiting from the advantages of global supply chains.

Market Share: Estimated at 10% in the vehicle aftermarket (2025)

R&D Expenses: 3.5% of revenue (2024)

Gross Margin: 39.8% (2024)

Dorman Products, Inc. has a significant competitive advantage in the vehicle aftermarket, supported by several factors. The company holds an estimated market share of 10%, indicating a strong presence and recognition in the industry.

A key aspect of the competitive advantage is the continuous investment in research and development, accounting for 3.5% of revenue. These investments enable Dorman to develop innovative products and differentiate itself from competitors.

Furthermore, the gross margin of 39.8% demonstrates that the company is able to sell its products at a price significantly above production costs, indicating strong pricing power.

In summary, Dorman Products benefits from a solid market position, continuous innovation, and strong financial performance, providing the company with a sustainable competitive advantage.

Institutional Investor Share: 80% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant transactions in the last quarter (estimated)

The institutional investor share in Dorman Products, Inc. traditionally stands at around 80%, indicating a strong confidence from institutional investors in the company's long-term performance. These investors include large asset managers, pension funds, and investment firms that typically pursue a long-term investment strategy.

Regarding insider transactions, there were no significant buys or sells in the last quarter, suggesting a stable assessment of the company's value by management and other insiders. Such transactions are often seen as an indicator of the management's confidence in the company's future development.

Market share of Dorman Products, Inc.: Estimated around 5% (2025)

Main competitors and their market shares:

1. Genuine Parts Company (GPC): around 20%
2. Advance Auto Parts, Inc. (AAP): around 15%
3. AutoZone, Inc. (AZO): around 12%
4. O'Reilly Automotive, Inc. (ORLY): around 10%
5. LKQ Corporation (LKQ): around 8%
6. Dorman Products, Inc. (DORM): around 5%
7. Standard Motor Products, Inc. (SMP): around 4%
8. Motorcar Parts of America, Inc. (MPAA): around 3%
9. Tenneco Inc. (TEN): around 2%
10. Cooper Standard Holdings Inc. (CPS): around 1%

Moat of Dorman Products, Inc.:

Dorman Products, Inc. has a moderate moat, mainly based on its strong position in the aftermarket replacement parts market. The company benefits from a wide range of products and an established distribution structure that allows it to efficiently respond to demand.

However, compared to its competitors, Dorman has a less pronounced moat than companies like Genuine Parts Company or AutoZone, which have more extensive distribution networks and greater brand recognition. These companies often also have stronger bargaining power with suppliers and can benefit from economies of scale.

Overall, Dorman Products has a solid but not outstanding moat compared to its larger competitors. To strengthen its competitive position, Dorman could invest in innovation and expanding its product portfolio.

Revenue Growth: 10.8% (2024) Profit Growth: 9.2% (2024)

Dorman Products, Inc. achieved a revenue growth of 10.8% in 2024, attributed to strong demand for spare parts and successful expansion into new markets. The company also recorded a profit growth of 9.2%, indicating efficient cost structures and improved operational efficiency.

The long-term growth prospects for Dorman Products are positive as the company continues to invest in the development of new products and expands its market presence. The automotive industry in which Dorman operates shows stable demand for spare parts despite challenges such as supply chain issues and technological disruptions.

Additionally, Dorman Products has a solid balance sheet with low debt, providing the company with financial flexibility for future investments and acquisitions. These factors suggest that Dorman Products' stock could be an attractive investment opportunity for investors interested in a company with stable fundamentals and growth potential.

Dividend: No payout (as of 2023)

Dorman Products, Inc. has not paid any dividends to its shareholders in the past. The company has traditionally focused on reinvesting profits into the growth and expansion of the business rather than paying dividends.

This strategy can be attractive to investors who are looking for capital gains and long-term growth. However, it is important to note that the dividend policy could change in the future if the company adjusts its strategy or sets new financial priorities.