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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and WARRIOR MET COAL, INC. (HCC). 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 $458.6M, roughly 1.1× WARRIOR MET COAL, INC.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 1.2%, a 14.5% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 10.7%). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs 7.5%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
DSGR vs HCC — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $458.6M |
| Net Profit | $6.5M | $72.3M |
| Gross Margin | 32.9% | 36.7% |
| Operating Margin | 4.6% | 17.3% |
| Net Margin | 1.2% | 15.8% |
| Revenue YoY | 10.7% | 52.1% |
| Net Profit YoY | -70.6% | — |
| EPS (diluted) | $0.14 | $1.37 |
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.
| Q1 26 | — | $458.6M | ||
| Q4 25 | — | $384.0M | ||
| Q3 25 | $518.0M | $328.6M | ||
| Q2 25 | $502.4M | $297.5M | ||
| Q1 25 | $478.0M | $299.9M | ||
| Q4 24 | $480.5M | $297.5M | ||
| Q3 24 | $468.0M | $327.7M | ||
| Q2 24 | $439.5M | $396.5M |
| Q1 26 | — | $72.3M | ||
| Q4 25 | — | $23.0M | ||
| Q3 25 | $6.5M | $36.6M | ||
| Q2 25 | $5.0M | $5.6M | ||
| Q1 25 | $3.3M | $-8.2M | ||
| Q4 24 | $-25.9M | $1.1M | ||
| Q3 24 | $21.9M | $41.8M | ||
| Q2 24 | $1.9M | $70.7M |
| Q1 26 | — | 36.7% | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | 32.9% | 27.1% | ||
| Q2 25 | 33.9% | 23.9% | ||
| Q1 25 | 34.3% | 18.1% | ||
| Q4 24 | 33.3% | 23.1% | ||
| Q3 24 | 33.9% | 29.3% | ||
| Q2 24 | 34.5% | 34.1% |
| Q1 26 | — | 17.3% | ||
| Q4 25 | — | 9.0% | ||
| Q3 25 | 4.6% | 6.3% | ||
| Q2 25 | 5.3% | 2.6% | ||
| Q1 25 | 4.2% | -5.8% | ||
| Q4 24 | 4.2% | -1.4% | ||
| Q3 24 | 4.0% | 11.9% | ||
| Q2 24 | 3.2% | 17.9% |
| Q1 26 | — | 15.8% | ||
| Q4 25 | — | 6.0% | ||
| Q3 25 | 1.2% | 11.1% | ||
| Q2 25 | 1.0% | 1.9% | ||
| Q1 25 | 0.7% | -2.7% | ||
| Q4 24 | -5.4% | 0.4% | ||
| Q3 24 | 4.7% | 12.7% | ||
| Q2 24 | 0.4% | 17.8% |
| Q1 26 | — | $1.37 | ||
| Q4 25 | — | $0.43 | ||
| Q3 25 | $0.14 | $0.70 | ||
| Q2 25 | $0.11 | $0.11 | ||
| Q1 25 | $0.07 | $-0.16 | ||
| Q4 24 | $-0.55 | $0.02 | ||
| Q3 24 | $0.46 | $0.80 | ||
| Q2 24 | $0.04 | $1.35 |
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 | $233.2M |
| Total DebtLower is stronger | $665.5M | $154.4M |
| Stockholders' EquityBook value | $653.9M | — |
| Total Assets | $1.8B | $2.8B |
| Debt / EquityLower = less leverage | 1.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $233.2M | ||
| Q4 25 | — | $300.0M | ||
| Q3 25 | $69.2M | $336.3M | ||
| Q2 25 | $47.4M | $383.3M | ||
| Q1 25 | $65.4M | $454.9M | ||
| Q4 24 | $66.5M | $491.5M | ||
| Q3 24 | $61.3M | $583.2M | ||
| Q2 24 | $46.8M | $709.0M |
| Q1 26 | — | $154.4M | ||
| Q4 25 | — | $154.3M | ||
| Q3 25 | $665.5M | $154.1M | ||
| Q2 25 | $675.0M | $153.9M | ||
| Q1 25 | $712.4M | $153.8M | ||
| Q4 24 | $693.9M | $153.6M | ||
| Q3 24 | $704.1M | $153.5M | ||
| Q2 24 | $573.7M | $153.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | $653.9M | $2.1B | ||
| Q2 25 | $649.4M | $2.1B | ||
| Q1 25 | $636.7M | $2.1B | ||
| Q4 24 | $640.5M | $2.1B | ||
| Q3 24 | $680.8M | $2.1B | ||
| Q2 24 | $653.3M | $2.0B |
| Q1 26 | — | $2.8B | ||
| Q4 25 | — | $2.8B | ||
| Q3 25 | $1.8B | $2.7B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.8B | $2.6B | ||
| Q2 24 | $1.6B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | 1.02× | 0.07× | ||
| Q2 25 | 1.04× | 0.07× | ||
| Q1 25 | 1.12× | 0.07× | ||
| Q4 24 | 1.08× | 0.07× | ||
| Q3 24 | 1.03× | 0.07× | ||
| Q2 24 | 0.88× | 0.07× |
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 | — |
| Free Cash FlowOCF − Capex | $32.9M | — |
| FCF MarginFCF / Revenue | 6.3% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | 5.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $76.1M | ||
| Q3 25 | $38.4M | $104.7M | ||
| Q2 25 | $33.3M | $37.5M | ||
| Q1 25 | $-4.8M | $10.9M | ||
| Q4 24 | $45.7M | $54.2M | ||
| Q3 24 | $-17.3M | $62.2M | ||
| Q2 24 | $21.4M | $147.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 3.31× | ||
| Q3 25 | 5.95× | 2.86× | ||
| Q2 25 | 6.66× | 6.70× | ||
| Q1 25 | -1.46× | — | ||
| Q4 24 | — | 47.68× | ||
| Q3 24 | -0.79× | 1.49× | ||
| Q2 24 | 11.28× | 2.08× |
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% |
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
