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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and IDEX Corporation (IEX). 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 $398.4M, roughly 1.3× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 1.2%, a 28.9% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 10.7%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $32.9M). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs -29.4%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
DSGR vs IEX — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $398.4M |
| Net Profit | $6.5M | $120.0M |
| Gross Margin | 32.9% | 99.9% |
| Operating Margin | 4.6% | 43.3% |
| Net Margin | 1.2% | 30.1% |
| Revenue YoY | 10.7% | 16.7% |
| Net Profit YoY | -70.6% | 25.7% |
| EPS (diluted) | $0.14 | $1.61 |
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.
| Q2 26 | — | $398.4M | ||
| Q1 26 | — | $407.7M | ||
| Q4 25 | — | $899.1M | ||
| Q3 25 | $518.0M | $878.7M | ||
| Q2 25 | $502.4M | $865.4M | ||
| Q1 25 | $478.0M | $814.3M | ||
| Q4 24 | $480.5M | $862.9M | ||
| Q3 24 | $468.0M | $798.2M |
| Q2 26 | — | $120.0M | ||
| Q1 26 | — | $128.3M | ||
| Q4 25 | — | $128.3M | ||
| Q3 25 | $6.5M | $127.8M | ||
| Q2 25 | $5.0M | $131.6M | ||
| Q1 25 | $3.3M | $95.5M | ||
| Q4 24 | $-25.9M | $123.2M | ||
| Q3 24 | $21.9M | $119.1M |
| Q2 26 | — | 99.9% | ||
| Q1 26 | — | 94.9% | ||
| Q4 25 | — | 43.1% | ||
| Q3 25 | 32.9% | 44.5% | ||
| Q2 25 | 33.9% | 45.3% | ||
| Q1 25 | 34.3% | 45.3% | ||
| Q4 24 | 33.3% | 42.5% | ||
| Q3 24 | 33.9% | 44.3% |
| Q2 26 | — | 43.3% | ||
| Q1 26 | — | 45.0% | ||
| Q4 25 | — | 20.4% | ||
| Q3 25 | 4.6% | 21.1% | ||
| Q2 25 | 5.3% | 21.7% | ||
| Q1 25 | 4.2% | 17.4% | ||
| Q4 24 | 4.2% | 19.2% | ||
| Q3 24 | 4.0% | 21.0% |
| Q2 26 | — | 30.1% | ||
| Q1 26 | — | 31.5% | ||
| Q4 25 | — | 14.3% | ||
| Q3 25 | 1.2% | 14.5% | ||
| Q2 25 | 1.0% | 15.2% | ||
| Q1 25 | 0.7% | 11.7% | ||
| Q4 24 | -5.4% | 14.3% | ||
| Q3 24 | 4.7% | 14.9% |
| Q2 26 | — | $1.61 | ||
| Q1 26 | — | $1.71 | ||
| Q4 25 | — | $1.71 | ||
| Q3 25 | $0.14 | $1.70 | ||
| Q2 25 | $0.11 | $1.74 | ||
| Q1 25 | $0.07 | $1.26 | ||
| Q4 24 | $-0.55 | $1.61 | ||
| Q3 24 | $0.46 | $1.57 |
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 | $586.2M |
| Total DebtLower is stronger | $665.5M | — |
| Stockholders' EquityBook value | $653.9M | $4.0B |
| Total Assets | $1.8B | $6.9B |
| Debt / EquityLower = less leverage | 1.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | $586.2M | ||
| Q1 26 | — | $580.0M | ||
| Q4 25 | — | $580.0M | ||
| Q3 25 | $69.2M | $593.8M | ||
| Q2 25 | $47.4M | $568.2M | ||
| Q1 25 | $65.4M | $594.1M | ||
| Q4 24 | $66.5M | $620.8M | ||
| Q3 24 | $61.3M | $633.2M |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $665.5M | $1.9B | ||
| Q2 25 | $675.0M | $1.9B | ||
| Q1 25 | $712.4M | $2.0B | ||
| Q4 24 | $693.9M | $2.0B | ||
| Q3 24 | $704.1M | $2.1B |
| Q2 26 | — | $4.0B | ||
| Q1 26 | — | $4.0B | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | $653.9M | $4.0B | ||
| Q2 25 | $649.4M | $4.0B | ||
| Q1 25 | $636.7M | $3.9B | ||
| Q4 24 | $640.5M | $3.8B | ||
| Q3 24 | $680.8M | $3.8B |
| Q2 26 | — | $6.9B | ||
| Q1 26 | — | $6.9B | ||
| Q4 25 | — | $6.9B | ||
| Q3 25 | $1.8B | $7.0B | ||
| Q2 25 | $1.8B | $6.9B | ||
| Q1 25 | $1.8B | $6.8B | ||
| Q4 24 | $1.7B | $6.7B | ||
| Q3 24 | $1.8B | $7.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.45× | ||
| Q3 25 | 1.02× | 0.48× | ||
| Q2 25 | 1.04× | 0.46× | ||
| Q1 25 | 1.12× | 0.50× | ||
| Q4 24 | 1.08× | 0.52× | ||
| Q3 24 | 1.03× | 0.55× |
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 | $86.0M |
| FCF MarginFCF / Revenue | 6.3% | 21.6% |
| Capex IntensityCapex / Revenue | 1.1% | 4.4% |
| Cash ConversionOCF / Net Profit | 5.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | $654.3M |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $209.5M | ||
| Q3 25 | $38.4M | $203.5M | ||
| Q2 25 | $33.3M | $161.7M | ||
| Q1 25 | $-4.8M | $105.7M | ||
| Q4 24 | $45.7M | $172.6M | ||
| Q3 24 | $-17.3M | $205.3M |
| Q2 26 | — | $86.0M | ||
| Q1 26 | — | $189.8M | ||
| Q4 25 | — | $189.8M | ||
| Q3 25 | $32.9M | $188.7M | ||
| Q2 25 | $28.7M | $146.9M | ||
| Q1 25 | $-10.4M | $91.4M | ||
| Q4 24 | $41.1M | $157.1M | ||
| Q3 24 | $-20.5M | $191.6M |
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | 46.6% | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | 6.3% | 21.5% | ||
| Q2 25 | 5.7% | 17.0% | ||
| Q1 25 | -2.2% | 11.2% | ||
| Q4 24 | 8.6% | 18.2% | ||
| Q3 24 | -4.4% | 24.0% |
| Q2 26 | — | 4.4% | ||
| Q1 26 | — | 15.6% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | 1.1% | 1.7% | ||
| Q2 25 | 0.9% | 1.7% | ||
| Q1 25 | 1.2% | 1.8% | ||
| Q4 24 | 1.0% | 1.8% | ||
| Q3 24 | 0.7% | 1.7% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 1.63× | ||
| Q3 25 | 5.95× | 1.59× | ||
| Q2 25 | 6.66× | 1.23× | ||
| Q1 25 | -1.46× | 1.11× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | -0.79× | 1.72× |
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% |
IEX
Segment breakdown not available.
