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Side-by-side financial comparison of Dorman Products, Inc. (DORM) and Tradeweb Markets Inc. (TW). Click either name above to swap in a different company.

Tradeweb Markets Inc. is the larger business by last-quarter revenue ($617.8M vs $528.8M, roughly 1.2× Dorman Products, Inc.). Tradeweb Markets Inc. runs the higher net margin — 37.7% vs 8.2%, a 29.5% gap on every dollar of revenue. On growth, Tradeweb Markets Inc. posted the faster year-over-year revenue change (21.2% vs 4.2%). Over the past eight quarters, Tradeweb Markets Inc.'s revenue compounded faster (23.5% CAGR vs 2.5%).

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.

Tradeweb Markets Inc., headquartered in New York City, operates electronic trading platforms primarily used by institutional investors to trade fixed income products, ETFs, and derivatives. It has over 3,000 customers including banks, asset managers, central banks, pension funds, and insurance companies. In 2024, 83% of the company's revenue was from transaction fees and commissions and 17% was from subscription fees. In 2024, 52% of revenue came from products related to rates, 27% of revenue...

DORM vs TW — Head-to-Head

Bigger by revenue
TW
TW
1.2× larger
TW
$617.8M
$528.8M
DORM
Growing faster (revenue YoY)
TW
TW
+17.1% gap
TW
21.2%
4.2%
DORM
Higher net margin
TW
TW
29.5% more per $
TW
37.7%
8.2%
DORM
Faster 2-yr revenue CAGR
TW
TW
Annualised
TW
23.5%
2.5%
DORM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DORM
DORM
TW
TW
Revenue
$528.8M
$617.8M
Net Profit
$43.6M
$233.2M
Gross Margin
36.0%
Operating Margin
11.1%
46.5%
Net Margin
8.2%
37.7%
Revenue YoY
4.2%
21.2%
Net Profit YoY
-24.3%
38.5%
EPS (diluted)
$1.43
$0.96

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
TW
TW
Q1 26
$528.8M
$617.8M
Q4 25
$537.9M
$521.2M
Q3 25
$543.7M
$508.6M
Q2 25
$541.0M
$513.0M
Q1 25
$507.7M
$509.7M
Q4 24
$533.8M
$463.3M
Q3 24
$503.8M
$448.9M
Q2 24
$503.0M
$405.0M
Net Profit
DORM
DORM
TW
TW
Q1 26
$43.6M
$233.2M
Q4 25
$11.6M
$325.0M
Q3 25
$76.4M
$185.6M
Q2 25
$58.7M
$153.8M
Q1 25
$57.5M
$148.4M
Q4 24
$54.5M
$142.2M
Q3 24
$55.3M
$113.9M
Q2 24
$47.4M
$119.2M
Gross Margin
DORM
DORM
TW
TW
Q1 26
36.0%
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%
Operating Margin
DORM
DORM
TW
TW
Q1 26
11.1%
46.5%
Q4 25
5.8%
42.4%
Q3 25
19.4%
41.4%
Q2 25
15.2%
39.0%
Q1 25
15.8%
40.0%
Q4 24
16.3%
40.7%
Q3 24
15.7%
35.5%
Q2 24
14.4%
40.1%
Net Margin
DORM
DORM
TW
TW
Q1 26
8.2%
37.7%
Q4 25
2.1%
62.4%
Q3 25
14.1%
36.5%
Q2 25
10.9%
30.0%
Q1 25
11.3%
29.1%
Q4 24
10.2%
30.7%
Q3 24
11.0%
25.4%
Q2 24
9.4%
29.4%
EPS (diluted)
DORM
DORM
TW
TW
Q1 26
$1.43
$0.96
Q4 25
$0.38
$1.52
Q3 25
$2.48
$0.86
Q2 25
$1.91
$0.71
Q1 25
$1.87
$0.69
Q4 24
$1.76
$0.66
Q3 24
$1.80
$0.53
Q2 24
$1.53
$0.55

Balance Sheet & Financial Strength

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

Metric
DORM
DORM
TW
TW
Cash + ST InvestmentsLiquidity on hand
$43.1M
Total DebtLower is stronger
$440.0M
Stockholders' EquityBook value
$1.5B
Total Assets
$2.4B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DORM
DORM
TW
TW
Q1 26
$43.1M
Q4 25
$49.4M
$2.1B
Q3 25
$55.5M
$1.9B
Q2 25
$56.8M
$1.6B
Q1 25
$60.6M
$1.3B
Q4 24
$57.1M
$1.3B
Q3 24
$45.1M
$1.2B
Q2 24
$47.5M
$1.7B
Total Debt
DORM
DORM
TW
TW
Q1 26
$440.0M
Q4 25
$440.6M
Q3 25
Q2 25
Q1 25
Q4 24
$468.8M
Q3 24
Q2 24
Stockholders' Equity
DORM
DORM
TW
TW
Q1 26
$1.5B
Q4 25
$1.5B
$6.5B
Q3 25
$1.5B
$6.3B
Q2 25
$1.4B
$6.1B
Q1 25
$1.3B
$5.9B
Q4 24
$1.3B
$5.8B
Q3 24
$1.2B
$5.7B
Q2 24
$1.2B
$5.6B
Total Assets
DORM
DORM
TW
TW
Q1 26
$2.4B
Q4 25
$2.5B
$8.2B
Q3 25
$2.6B
$8.0B
Q2 25
$2.5B
$8.1B
Q1 25
$2.4B
$7.4B
Q4 24
$2.4B
$7.3B
Q3 24
$2.4B
$7.3B
Q2 24
$2.3B
$7.3B
Debt / Equity
DORM
DORM
TW
TW
Q1 26
0.30×
Q4 25
0.30×
Q3 25
Q2 25
Q1 25
Q4 24
0.36×
Q3 24
Q2 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
TW
TW
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DORM
DORM
TW
TW
Q1 26
Q4 25
$41.6M
$355.9M
Q3 25
$12.2M
$342.3M
Q2 25
$8.5M
$409.2M
Q1 25
$51.2M
$60.2M
Q4 24
$71.4M
$282.0M
Q3 24
$44.3M
$292.1M
Q2 24
$63.3M
$285.7M
Free Cash Flow
DORM
DORM
TW
TW
Q1 26
$2.0M
Q4 25
$33.5M
$336.5M
Q3 25
$1.8M
$328.3M
Q2 25
$98.0K
$403.7M
Q1 25
$40.3M
$58.6M
Q4 24
$63.2M
$256.8M
Q3 24
$35.7M
$287.8M
Q2 24
$51.4M
$280.8M
FCF Margin
DORM
DORM
TW
TW
Q1 26
0.3%
Q4 25
6.2%
64.6%
Q3 25
0.3%
64.5%
Q2 25
0.0%
78.7%
Q1 25
7.9%
11.5%
Q4 24
11.8%
55.4%
Q3 24
7.1%
64.1%
Q2 24
10.2%
69.4%
Capex Intensity
DORM
DORM
TW
TW
Q1 26
1.6%
Q4 25
1.5%
3.7%
Q3 25
1.9%
2.8%
Q2 25
1.6%
1.1%
Q1 25
2.2%
0.3%
Q4 24
1.5%
5.4%
Q3 24
1.7%
1.0%
Q2 24
2.4%
1.2%
Cash Conversion
DORM
DORM
TW
TW
Q1 26
Q4 25
3.60×
1.10×
Q3 25
0.16×
1.84×
Q2 25
0.15×
2.66×
Q1 25
0.89×
0.41×
Q4 24
1.31×
1.98×
Q3 24
0.80×
2.56×
Q2 24
1.34×
2.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DORM
DORM

Segment breakdown not available.

TW
TW

Transaction fees and commissions$523.8M85%
Subscription fees$60.3M10%
LSEG market data fees$26.7M4%

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