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Side-by-side financial comparison of Dorman Products, Inc. (DORM) and Madison Square Garden Entertainment Corp. (MSGE). Click either name above to swap in a different company.

Dorman Products, Inc. is the larger business by last-quarter revenue ($537.9M vs $424.8M, roughly 1.3× Madison Square Garden Entertainment Corp.). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs 2.1%, a 19.7% gap on every dollar of revenue. On growth, Madison Square Garden Entertainment Corp. posted the faster year-over-year revenue change (12.5% vs 0.8%). Over the past eight quarters, Madison Square Garden Entertainment Corp.'s revenue compounded faster (48.9% CAGR vs 7.1%).

Dorman Products is an American manufacturer of aftermarket automotive products in the United States. The company was founded in 1918. The company trades on the NASDAQ under the ticker DORM. The company is headquartered in Colmar, Pennsylvania.

DORM vs MSGE — Head-to-Head

Bigger by revenue
DORM
DORM
1.3× larger
DORM
$537.9M
$424.8M
MSGE
Growing faster (revenue YoY)
MSGE
MSGE
+11.7% gap
MSGE
12.5%
0.8%
DORM
Higher net margin
MSGE
MSGE
19.7% more per $
MSGE
21.8%
2.1%
DORM
Faster 2-yr revenue CAGR
MSGE
MSGE
Annualised
MSGE
48.9%
7.1%
DORM

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DORM
DORM
MSGE
MSGE
Revenue
$537.9M
$424.8M
Net Profit
$11.6M
$92.7M
Gross Margin
42.6%
Operating Margin
5.8%
38.6%
Net Margin
2.1%
21.8%
Revenue YoY
0.8%
12.5%
Net Profit YoY
-78.8%
22.2%
EPS (diluted)
$0.38
$1.94

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DORM
DORM
MSGE
MSGE
Q4 25
$537.9M
$424.8M
Q3 25
$543.7M
$154.1M
Q2 25
$541.0M
$145.1M
Q1 25
$507.7M
$206.0M
Q4 24
$533.8M
$377.6M
Q3 24
$503.8M
$134.1M
Q2 24
$503.0M
$177.6M
Q1 24
$468.7M
$191.6M
Net Profit
DORM
DORM
MSGE
MSGE
Q4 25
$11.6M
$92.7M
Q3 25
$76.4M
$-21.7M
Q2 25
$58.7M
$-27.2M
Q1 25
$57.5M
$8.0M
Q4 24
$54.5M
$75.9M
Q3 24
$55.3M
$-19.3M
Q2 24
$47.4M
$66.9M
Q1 24
$32.8M
$2.8M
Gross Margin
DORM
DORM
MSGE
MSGE
Q4 25
42.6%
Q3 25
44.4%
Q2 25
40.6%
Q1 25
40.9%
Q4 24
41.5%
Q3 24
40.5%
Q2 24
39.6%
Q1 24
38.7%
Operating Margin
DORM
DORM
MSGE
MSGE
Q4 25
5.8%
38.6%
Q3 25
19.4%
-19.3%
Q2 25
15.2%
-17.7%
Q1 25
15.8%
13.3%
Q4 24
16.3%
36.8%
Q3 24
15.7%
-13.8%
Q2 24
14.4%
-5.0%
Q1 24
11.6%
8.8%
Net Margin
DORM
DORM
MSGE
MSGE
Q4 25
2.1%
21.8%
Q3 25
14.1%
-14.0%
Q2 25
10.9%
-18.7%
Q1 25
11.3%
3.9%
Q4 24
10.2%
20.1%
Q3 24
11.0%
-14.4%
Q2 24
9.4%
37.7%
Q1 24
7.0%
1.5%
EPS (diluted)
DORM
DORM
MSGE
MSGE
Q4 25
$0.38
$1.94
Q3 25
$2.48
$-0.46
Q2 25
$1.91
$-0.56
Q1 25
$1.87
$0.17
Q4 24
$1.76
$1.56
Q3 24
$1.80
$-0.40
Q2 24
$1.53
$1.32
Q1 24
$1.05
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DORM
DORM
MSGE
MSGE
Cash + ST InvestmentsLiquidity on hand
$49.4M
$157.1M
Total DebtLower is stronger
$440.6M
$554.6M
Stockholders' EquityBook value
$1.5B
$36.0M
Total Assets
$2.5B
$1.8B
Debt / EquityLower = less leverage
0.30×
15.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DORM
DORM
MSGE
MSGE
Q4 25
$49.4M
$157.1M
Q3 25
$55.5M
$29.9M
Q2 25
$56.8M
$43.0M
Q1 25
$60.6M
$89.0M
Q4 24
$57.1M
$54.9M
Q3 24
$45.1M
$37.3M
Q2 24
$47.5M
$33.3M
Q1 24
$34.4M
$28.0M
Total Debt
DORM
DORM
MSGE
MSGE
Q4 25
$440.6M
$554.6M
Q3 25
$581.7M
Q2 25
$568.8M
Q1 25
$577.4M
Q4 24
$468.8M
$584.7M
Q3 24
$647.0M
Q2 24
$599.2M
Q1 24
$602.5M
Stockholders' Equity
DORM
DORM
MSGE
MSGE
Q4 25
$1.5B
$36.0M
Q3 25
$1.5B
$-65.8M
Q2 25
$1.4B
$-13.3M
Q1 25
$1.3B
$9.5M
Q4 24
$1.3B
$10.3M
Q3 24
$1.2B
$-48.7M
Q2 24
$1.2B
$-23.2M
Q1 24
$1.2B
$-94.6M
Total Assets
DORM
DORM
MSGE
MSGE
Q4 25
$2.5B
$1.8B
Q3 25
$2.6B
$1.7B
Q2 25
$2.5B
$1.7B
Q1 25
$2.4B
$1.7B
Q4 24
$2.4B
$1.6B
Q3 24
$2.4B
$1.6B
Q2 24
$2.3B
$1.6B
Q1 24
$2.2B
$1.5B
Debt / Equity
DORM
DORM
MSGE
MSGE
Q4 25
0.30×
15.40×
Q3 25
Q2 25
Q1 25
60.61×
Q4 24
0.36×
56.61×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DORM
DORM
MSGE
MSGE
Operating Cash FlowLast quarter
$41.6M
$164.4M
Free Cash FlowOCF − Capex
$33.5M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
3.60×
1.77×
TTM Free Cash FlowTrailing 4 quarters
$75.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DORM
DORM
MSGE
MSGE
Q4 25
$41.6M
$164.4M
Q3 25
$12.2M
$19.8M
Q2 25
$8.5M
$-27.0M
Q1 25
$51.2M
$56.8M
Q4 24
$71.4M
$112.9M
Q3 24
$44.3M
$-27.4M
Q2 24
$63.3M
$212.0K
Q1 24
$52.0M
$5.8M
Free Cash Flow
DORM
DORM
MSGE
MSGE
Q4 25
$33.5M
Q3 25
$1.8M
Q2 25
$98.0K
Q1 25
$40.3M
Q4 24
$63.2M
Q3 24
$35.7M
Q2 24
$51.4M
Q1 24
$41.2M
FCF Margin
DORM
DORM
MSGE
MSGE
Q4 25
6.2%
Q3 25
0.3%
Q2 25
0.0%
Q1 25
7.9%
Q4 24
11.8%
Q3 24
7.1%
Q2 24
10.2%
Q1 24
8.8%
Capex Intensity
DORM
DORM
MSGE
MSGE
Q4 25
1.5%
Q3 25
1.9%
Q2 25
1.6%
Q1 25
2.2%
Q4 24
1.5%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
2.3%
Cash Conversion
DORM
DORM
MSGE
MSGE
Q4 25
3.60×
1.77×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.89×
7.07×
Q4 24
1.31×
1.49×
Q3 24
0.80×
Q2 24
1.34×
0.00×
Q1 24
1.58×
2.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DORM
DORM

Light Duty$428.6M80%
Heavy Duty$55.8M10%
Specialty Vehicle$53.5M10%

MSGE
MSGE

Ticketing And Venue License Fee Revenues$263.5M62%
Food Beverage And Merchandise Revenues$64.3M15%
Related Party$43.9M10%
Arena Licensing Fees And Other Leasing Revenue$35.2M8%
Other$15.9M4%

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