Distribution Solutions Group, Inc., a specialty distribution company, provides value-added distribution solutions to the maintenance, repair and operations (MRO), original equipment manufacturer, and industrial technology markets. It operates through four segments: Lawson, TestEquity, Gexpro Services, and Canada Branch Division. The Lawson segment distributes specialty products and services to the industrial, commercial, institutional, and government MRO marketplace. The TestEquity segment distributes test and measurement equipment and solutions, industrial and electronic production supplies, and vendor managed inventory programs, as well as converting, fabrication, and adhesive solutions to the aerospace and defense, wireless and communication, semiconductors, industrial electronics and automotive, and electronics manufacturing industries under the TestEquity, Hisco, Techni-Pro, Techni-Tool, and Jensen Tools brands. The Gexpro Services segment provides supply chain management solutions that offer VMI, kitting, global logistics management, manufacturing localization and import expertise, value engineering and quality assurance to renewables, industrial power, consumer and industrial, technology, transportation, and aerospace and defense. The Canada Branch Division distributes industrial MRO supplies, safety products, fasteners, power tools, and related value-add services to the industrial, government, commercial, and residential contractor markets for the Canadian MRO market. The company distributes MRO products to its customers through a network of sales representatives. It has operations in the United States, Canada, Europe, Pacific Rim, Latin America, and internationally. The company was formerly known as Lawson Products, Inc. and has changed to Distribution Solutions Group, Inc. 2022. Distribution Solutions Group, Inc. was incorporated in 1952 and is headquartered in Fort Worth, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.0B | $156M | $8M | $43M | 1.3% | 9.8% | -213.8% |
| 2024 | $1.8B | $129M | $-7M | $33M | -1.1% | 14.9% | -18.2% |
| 2023 | $1.6B | $104M | $-9M | $78M | -1.4% | 36.4% | -221.1% |
| 2022 | $1.2B | $82M | $7M | $-31M | 1.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,151.42 | 1,570.40 | 1,804.10 | 1,980.02 |
| Operating Revenue | - | 1,151.42 | 1,570.40 | 1,804.10 | 1,980.02 |
| Cost Of Revenue | - | 760.52 | 1,018.53 | 1,190.33 | 1,317.98 |
| Gross Profit | - | 390.90 | 551.88 | 613.78 | 662.04 |
| Operating Expense | - | 349.11 | 508.88 | 557.82 | 583.78 |
| Selling General And Administration | - | 349.11 | 508.88 | 557.82 | 583.78 |
| Total Expenses | - | 1,109.64 | 1,527.41 | 1,748.15 | 1,901.76 |
| Operating Income | - | 41.79 | 42.99 | 55.96 | 78.26 |
| Total Operating Income As Reported | - | 41.79 | 42.99 | 55.96 | 78.26 |
| EBITDA | - | 82.42 | 104.36 | 128.99 | 155.64 |
| Normalized EBITDA | - | 86.30 | 103.60 | 129.97 | 156.64 |
| EBIT | - | 37.24 | 40.77 | 54.61 | 74.76 |
| Interest Expense | - | 24.30 | 42.77 | 55.14 | 55.35 |
| Net Interest Income | - | -24.30 | -42.77 | -55.14 | -55.35 |
| Other Non Operating Income Expenses | - | -0.67 | -2.98 | -0.36 | -2.50 |
| Other Income Expense | - | -4.55 | -2.22 | -1.35 | -3.50 |
| Interest Expense Non Operating | - | 24.30 | 42.77 | 55.14 | 55.35 |
| Net Non Operating Interest Income Expense | - | -24.30 | -42.77 | -55.14 | -55.35 |
| Pretax Income | - | 12.94 | -2.01 | -0.54 | 19.41 |
| Tax Provision | - | 5.53 | 6.96 | 6.80 | 11.07 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.81 | 0.16 | -0.21 | -0.21 |
| Net Income Continuous Operations | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Net Income From Continuing And Discontinued Operation | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Net Income From Continuing Operation Net Minority Interest | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Net Income | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Net Income Common Stockholders | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Net Income Including Noncontrolling Interests | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Normalized Income | - | 10.47 | -9.57 | -6.55 | 9.14 |
| Diluted NI Availto Com Stockholders | - | 7.41 | -8.97 | -7.33 | 8.35 |
| Basic Average Shares | - | 34.65 | 44.87 | 46.81 | 46.36 |
| Diluted Average Shares | - | 35.48 | 44.87 | 46.81 | 47.17 |
| Reconciled Depreciation | - | 45.19 | 63.59 | 74.38 | 80.88 |
| Reconciled Cost Of Revenue | - | 760.52 | 1,018.53 | 1,190.33 | 1,317.98 |
| Total Unusual Items | - | -3.88 | 0.76 | -0.99 | -1 |
| Total Unusual Items Excluding Goodwill | - | -3.88 | 0.76 | -0.99 | -1 |
| Special Income Charges | - | -3.88 | 0.76 | -0.99 | -1 |
| Other Special Charges | - | 3.40 | - | - | - |
| Restructuring And Mergern Acquisition | - | 0.48 | -0.76 | 0.99 | 1 |
| General And Administrative Expense | 110.60 | - | - | - | - |
| Other Gand A | 110.60 | - | - | - | - |
| Selling And Marketing Expense | 96.64 | - | - | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Distribution Solutions Group, Inc.this co. | DSGR | $1.3B | 153.06↑ premium | 1.97 | 1.3% | 13.07 |
| Frontier Group Holdings, Inc. | ULCC | $1.3B | -9.81 | 2.74 | -27.9% | -191.76 |
| Cadre Holdings, Inc. | CDRE | $1.3B | 29.32 | 4.07 | 13.9% | 16.04 |
| Energizer Holdings, Inc. | ENR | $1.3B | 5.41 | 7.61 | 140.7% | 8.12 |
| Napco Security Technologies, Inc. |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| NSSC |
| $1.3B |
| 29.44 |
| 7.58 |
| 25.7% |
| 24.73 |
| Insperity, Inc. | NSP | $1.3B | -182.50 | 27.77 | -15.2% | 16.47 |
| ICF International, Inc. | ICFI | $1.2B | 13.60 | 1.21 | 8.9% | 9.01 |
| Heartland Express, Inc. | HTLD | $1.2B | - | 1.62 | -6.9% | 13.29 |
| Satellogic Inc. | SATL | $1.2B | -252.29 | 19.94 | -7.9% | 322.72 |
| Peer Median | - | 5.41 | 5.83 | 1.0% | 14.67 | |
Historically, Jul has averaged the highest return (+8.2%); Sep the lowest (-7.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.7%Positive MonthJan 2026: +3.65% | +5.3%Positive MonthFeb 2026: +5.32% | -12.2%Negative MonthMar 2026: -12.24% | +3.1%Positive MonthApr 2026: +3.12% | -0.2%Neutral MonthMay 2026: -0.22% | +1.3%Neutral MonthJun 2026: +1.30% | +26.4%Positive MonthJul 2026: +26.40% | +0.5%*Neutral MonthAug 2026: +0.49% | — | — | — | — |
| 2025 | -6.3%Negative MonthJan 2025: -6.25% | -8.6%Negative MonthFeb 2025: -8.59% | -5.0%Negative MonthMar 2025: -5.02% | -7.0%Negative MonthApr 2025: -7.00% | +4.6%Positive MonthMay 2025: +4.65% | +0.8%Neutral MonthJun 2025: +0.81% | +9.1%Positive MonthJul 2025: +9.10% | +7.5%Positive MonthAug 2025: +7.47% | -6.6%Negative MonthSep 2025: -6.61% | -9.1%Negative MonthOct 2025: -9.11% | +1.5%Neutral MonthNov 2025: +1.54% | -1.3%Neutral MonthDec 2025: -1.33% |
| 2024 | +1.1%Neutral MonthJan 2024: +1.14% | -1.6%Neutral MonthFeb 2024: -1.60% | +13.0%Positive MonthMar 2024: +12.96% | -7.1%Negative MonthApr 2024: -7.07% | +1.2%Neutral MonthMay 2024: +1.24% | -10.1%Negative MonthJun 2024: -10.13% | +12.5%Positive MonthJul 2024: +12.50% | +10.3%Positive MonthAug 2024: +10.28% | +3.5%Positive MonthSep 2024: +3.47% | -0.0%Neutral MonthOct 2024: -0.03% | +1.6%Neutral MonthNov 2024: +1.61% | -12.1%Negative MonthDec 2024: -12.07% |
| 2023 | +12.0%Positive MonthJan 2023: +12.05% | +7.5%Positive MonthFeb 2023: +7.53% | +2.4%Positive MonthMar 2023: +2.36% | +2.7%Positive MonthApr 2023: +2.68% | -3.5%Negative MonthMay 2023: -3.49% | +15.6%Positive MonthJun 2023: +15.56% | +6.5%Positive MonthJul 2023: +6.49% | -7.1%Negative MonthAug 2023: -7.05% | +0.9%Neutral MonthSep 2023: +0.91% | +16.0%Positive MonthOct 2023: +15.96% | -15.6%Negative MonthNov 2023: -15.56% | +24.0%Positive MonthDec 2023: +23.96% |
| 2022 | -11.1%Negative MonthJan 2022: -11.12% | -12.6%Negative MonthFeb 2022: -12.64% | -9.3%Negative MonthMar 2022: -9.34% | -1.4%Neutral MonthApr 2022: -1.43% | +1.1%Neutral MonthMay 2022: +1.05% | +33.9%Positive MonthJun 2022: +33.86% | -3.5%Negative MonthJul 2022: -3.48% | -19.9%Negative MonthAug 2022: -19.88% | -29.1%Negative MonthSep 2022: -29.11% | +6.8%Positive MonthOct 2022: +6.78% | +17.9%Positive MonthNov 2022: +17.85% | +4.0%Positive MonthDec 2022: +3.98% |
| 2021 | — | — | — | — | +15.4%Positive MonthMay 2021: +15.39% | -11.6%Negative MonthJun 2021: -11.55% | -1.9%Neutral MonthJul 2021: -1.91% | +0.5%Neutral MonthAug 2021: +0.50% | -5.2%Negative MonthSep 2021: -5.19% | +1.4%Neutral MonthOct 2021: +1.38% | -5.1%Negative MonthNov 2021: -5.07% | +13.8%Positive MonthDec 2021: +13.75% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.