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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and FIRST INTERSTATE BANCSYSTEM INC (FIBK). Click either name above to swap in a different company.
Distribution Solutions Group, Inc. is the larger business by last-quarter revenue ($518.0M vs $313.0M, roughly 1.7× FIRST INTERSTATE BANCSYSTEM INC). FIRST INTERSTATE BANCSYSTEM INC runs the higher net margin — 34.8% vs 1.2%, a 33.5% gap on every dollar of revenue. On growth, FIRST INTERSTATE BANCSYSTEM INC posted the faster year-over-year revenue change (19.8% vs 10.7%). Over the past eight quarters, FIRST INTERSTATE BANCSYSTEM INC's revenue compounded faster (13.7% CAGR vs 13.1%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank with locations throughout 14 states within the Western and Midwestern United States. It is the largest bank based in Montana, as measured by total assets.
DSGR vs FIBK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $313.0M |
| Net Profit | $6.5M | $108.8M |
| Gross Margin | 32.9% | — |
| Operating Margin | 4.6% | 44.5% |
| Net Margin | 1.2% | 34.8% |
| Revenue YoY | 10.7% | 19.8% |
| Net Profit YoY | -70.6% | 108.8% |
| EPS (diluted) | $0.14 | $1.07 |
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.
| Q4 25 | — | $313.0M | ||
| Q3 25 | $518.0M | $250.5M | ||
| Q2 25 | $502.4M | $248.3M | ||
| Q1 25 | $478.0M | $247.0M | ||
| Q4 24 | $480.5M | $261.3M | ||
| Q3 24 | $468.0M | $251.9M | ||
| Q2 24 | $439.5M | $244.3M | ||
| Q1 24 | $416.1M | $242.2M |
| Q4 25 | — | $108.8M | ||
| Q3 25 | $6.5M | $71.4M | ||
| Q2 25 | $5.0M | $71.7M | ||
| Q1 25 | $3.3M | $50.2M | ||
| Q4 24 | $-25.9M | $52.1M | ||
| Q3 24 | $21.9M | $55.5M | ||
| Q2 24 | $1.9M | $60.0M | ||
| Q1 24 | $-5.2M | $58.4M |
| Q4 25 | — | — | ||
| Q3 25 | 32.9% | — | ||
| Q2 25 | 33.9% | — | ||
| Q1 25 | 34.3% | — | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 33.9% | — | ||
| Q2 24 | 34.5% | — | ||
| Q1 24 | 34.5% | — |
| Q4 25 | — | 44.5% | ||
| Q3 25 | 4.6% | 37.0% | ||
| Q2 25 | 5.3% | 37.7% | ||
| Q1 25 | 4.2% | 26.9% | ||
| Q4 24 | 4.2% | 25.5% | ||
| Q3 24 | 4.0% | 28.9% | ||
| Q2 24 | 3.2% | 32.1% | ||
| Q1 24 | 0.7% | 31.7% |
| Q4 25 | — | 34.8% | ||
| Q3 25 | 1.2% | 28.5% | ||
| Q2 25 | 1.0% | 28.9% | ||
| Q1 25 | 0.7% | 20.3% | ||
| Q4 24 | -5.4% | 19.9% | ||
| Q3 24 | 4.7% | 22.0% | ||
| Q2 24 | 0.4% | 24.6% | ||
| Q1 24 | -1.3% | 24.1% |
| Q4 25 | — | $1.07 | ||
| Q3 25 | $0.14 | $0.69 | ||
| Q2 25 | $0.11 | $0.69 | ||
| Q1 25 | $0.07 | $0.49 | ||
| Q4 24 | $-0.55 | $0.50 | ||
| Q3 24 | $0.46 | $0.54 | ||
| Q2 24 | $0.04 | $0.58 | ||
| Q1 24 | $-0.11 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $69.2M | — |
| Total DebtLower is stronger | $665.5M | $146.3M |
| Stockholders' EquityBook value | $653.9M | $3.4B |
| Total Assets | $1.8B | $26.6B |
| Debt / EquityLower = less leverage | 1.02× | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $69.2M | — | ||
| Q2 25 | $47.4M | — | ||
| Q1 25 | $65.4M | — | ||
| Q4 24 | $66.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $46.8M | — | ||
| Q1 24 | $73.1M | — |
| Q4 25 | — | $146.3M | ||
| Q3 25 | $665.5M | $146.2M | ||
| Q2 25 | $675.0M | $252.0M | ||
| Q1 25 | $712.4M | — | ||
| Q4 24 | $693.9M | $132.2M | ||
| Q3 24 | $704.1M | $137.3M | ||
| Q2 24 | $573.7M | $383.4M | ||
| Q1 24 | $535.7M | $370.8M |
| Q4 25 | — | $3.4B | ||
| Q3 25 | $653.9M | $3.4B | ||
| Q2 25 | $649.4M | $3.4B | ||
| Q1 25 | $636.7M | $3.4B | ||
| Q4 24 | $640.5M | $3.3B | ||
| Q3 24 | $680.8M | $3.4B | ||
| Q2 24 | $653.3M | $3.2B | ||
| Q1 24 | $654.7M | $3.2B |
| Q4 25 | — | $26.6B | ||
| Q3 25 | $1.8B | $27.3B | ||
| Q2 25 | $1.8B | $27.6B | ||
| Q1 25 | $1.8B | $28.3B | ||
| Q4 24 | $1.7B | $29.1B | ||
| Q3 24 | $1.8B | $29.6B | ||
| Q2 24 | $1.6B | $30.3B | ||
| Q1 24 | $1.5B | $30.1B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | 1.02× | 0.04× | ||
| Q2 25 | 1.04× | 0.07× | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 1.08× | 0.04× | ||
| Q3 24 | 1.03× | 0.04× | ||
| Q2 24 | 0.88× | 0.12× | ||
| Q1 24 | 0.82× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $38.4M | $305.6M |
| Free Cash FlowOCF − Capex | $32.9M | — |
| FCF MarginFCF / Revenue | 6.3% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | 5.95× | 2.81× |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $305.6M | ||
| Q3 25 | $38.4M | $91.7M | ||
| Q2 25 | $33.3M | $68.1M | ||
| Q1 25 | $-4.8M | $78.5M | ||
| Q4 24 | $45.7M | $355.0M | ||
| Q3 24 | $-17.3M | $89.9M | ||
| Q2 24 | $21.4M | $82.3M | ||
| Q1 24 | $6.6M | $87.6M |
| Q4 25 | — | — | ||
| Q3 25 | $32.9M | — | ||
| Q2 25 | $28.7M | — | ||
| Q1 25 | $-10.4M | — | ||
| Q4 24 | $41.1M | — | ||
| Q3 24 | $-20.5M | — | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $4.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | -2.2% | — | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | -4.4% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 1.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.6% | — |
| Q4 25 | — | 2.81× | ||
| Q3 25 | 5.95× | 1.28× | ||
| Q2 25 | 6.66× | 0.95× | ||
| Q1 25 | -1.46× | 1.56× | ||
| Q4 24 | — | 6.81× | ||
| Q3 24 | -0.79× | 1.62× | ||
| Q2 24 | 11.28× | 1.37× | ||
| Q1 24 | — | 1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
FIBK
Segment breakdown not available.
