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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and MASIMO CORP (MASI). 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 $371.5M, roughly 1.4× MASIMO CORP). Distribution Solutions Group, Inc. runs the higher net margin — 1.2% vs -27.0%, a 28.3% gap on every dollar of revenue. On growth, Distribution Solutions Group, Inc. posted the faster year-over-year revenue change (10.7% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $32.9M). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs -17.7%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.
DSGR vs MASI — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $371.5M |
| Net Profit | $6.5M | $-100.4M |
| Gross Margin | 32.9% | 62.1% |
| Operating Margin | 4.6% | 22.5% |
| Net Margin | 1.2% | -27.0% |
| Revenue YoY | 10.7% | -26.4% |
| Net Profit YoY | -70.6% | -1124.5% |
| EPS (diluted) | $0.14 | $-1.84 |
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.
| Q3 25 | $518.0M | $371.5M | ||
| Q2 25 | $502.4M | $370.9M | ||
| Q1 25 | $478.0M | $372.0M | ||
| Q4 24 | $480.5M | $600.7M | ||
| Q3 24 | $468.0M | $504.6M | ||
| Q2 24 | $439.5M | $496.3M | ||
| Q1 24 | $416.1M | $492.8M | ||
| Q4 23 | $405.2M | $548.9M |
| Q3 25 | $6.5M | $-100.4M | ||
| Q2 25 | $5.0M | $51.3M | ||
| Q1 25 | $3.3M | $-170.7M | ||
| Q4 24 | $-25.9M | $-349.6M | ||
| Q3 24 | $21.9M | $9.8M | ||
| Q2 24 | $1.9M | $16.0M | ||
| Q1 24 | $-5.2M | $18.9M | ||
| Q4 23 | $-16.3M | $33.9M |
| Q3 25 | 32.9% | 62.1% | ||
| Q2 25 | 33.9% | 62.9% | ||
| Q1 25 | 34.3% | 62.9% | ||
| Q4 24 | 33.3% | 40.7% | ||
| Q3 24 | 33.9% | 52.2% | ||
| Q2 24 | 34.5% | 51.3% | ||
| Q1 24 | 34.5% | 49.0% | ||
| Q4 23 | 34.0% | 47.9% |
| Q3 25 | 4.6% | 22.5% | ||
| Q2 25 | 5.3% | 17.4% | ||
| Q1 25 | 4.2% | 21.0% | ||
| Q4 24 | 4.2% | -59.8% | ||
| Q3 24 | 4.0% | 6.0% | ||
| Q2 24 | 3.2% | 5.7% | ||
| Q1 24 | 0.7% | 6.9% | ||
| Q4 23 | -0.1% | 8.0% |
| Q3 25 | 1.2% | -27.0% | ||
| Q2 25 | 1.0% | 13.8% | ||
| Q1 25 | 0.7% | -45.9% | ||
| Q4 24 | -5.4% | -58.2% | ||
| Q3 24 | 4.7% | 1.9% | ||
| Q2 24 | 0.4% | 3.2% | ||
| Q1 24 | -1.3% | 3.8% | ||
| Q4 23 | -4.0% | 6.2% |
| Q3 25 | $0.14 | $-1.84 | ||
| Q2 25 | $0.11 | $0.94 | ||
| Q1 25 | $0.07 | $-3.12 | ||
| Q4 24 | $-0.55 | $-6.54 | ||
| Q3 24 | $0.46 | $0.18 | ||
| Q2 24 | $0.04 | $0.29 | ||
| Q1 24 | $-0.11 | $0.35 | ||
| Q4 23 | $-0.38 | $0.63 |
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 | $312.3M |
| Total DebtLower is stronger | $665.5M | $559.1M |
| Stockholders' EquityBook value | $653.9M | $810.0M |
| Total Assets | $1.8B | $1.8B |
| Debt / EquityLower = less leverage | 1.02× | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $69.2M | $312.3M | ||
| Q2 25 | $47.4M | $149.6M | ||
| Q1 25 | $65.4M | $130.8M | ||
| Q4 24 | $66.5M | $177.6M | ||
| Q3 24 | $61.3M | $158.5M | ||
| Q2 24 | $46.8M | $129.6M | ||
| Q1 24 | $73.1M | $157.6M | ||
| Q4 23 | $83.9M | $163.0M |
| Q3 25 | $665.5M | $559.1M | ||
| Q2 25 | $675.0M | $613.7M | ||
| Q1 25 | $712.4M | $651.0M | ||
| Q4 24 | $693.9M | $765.2M | ||
| Q3 24 | $704.1M | $772.6M | ||
| Q2 24 | $573.7M | $781.6M | ||
| Q1 24 | $535.7M | $876.0M | ||
| Q4 23 | $535.9M | $906.0M |
| Q3 25 | $653.9M | $810.0M | ||
| Q2 25 | $649.4M | $1.0B | ||
| Q1 25 | $636.7M | $946.4M | ||
| Q4 24 | $640.5M | $1.1B | ||
| Q3 24 | $680.8M | $1.5B | ||
| Q2 24 | $653.3M | $1.4B | ||
| Q1 24 | $654.7M | $1.4B | ||
| Q4 23 | $661.6M | $1.4B |
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.8B | $3.1B | ||
| Q2 24 | $1.6B | $2.9B | ||
| Q1 24 | $1.5B | $3.0B | ||
| Q4 23 | $1.6B | $3.0B |
| Q3 25 | 1.02× | 0.69× | ||
| Q2 25 | 1.04× | 0.59× | ||
| Q1 25 | 1.12× | 0.69× | ||
| Q4 24 | 1.08× | 0.73× | ||
| Q3 24 | 1.03× | 0.53× | ||
| Q2 24 | 0.88× | 0.57× | ||
| Q1 24 | 0.82× | 0.64× | ||
| Q4 23 | 0.81× | 0.66× |
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 | $56.8M |
| Free Cash FlowOCF − Capex | $32.9M | $50.9M |
| FCF MarginFCF / Revenue | 6.3% | 13.7% |
| Capex IntensityCapex / Revenue | 1.1% | 1.6% |
| Cash ConversionOCF / Net Profit | 5.95× | — |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | $191.0M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $38.4M | $56.8M | ||
| Q2 25 | $33.3M | $69.4M | ||
| Q1 25 | $-4.8M | $31.1M | ||
| Q4 24 | $45.7M | $50.5M | ||
| Q3 24 | $-17.3M | $25.6M | ||
| Q2 24 | $21.4M | $74.5M | ||
| Q1 24 | $6.6M | $45.8M | ||
| Q4 23 | $28.2M | $77.1M |
| Q3 25 | $32.9M | $50.9M | ||
| Q2 25 | $28.7M | $65.6M | ||
| Q1 25 | $-10.4M | $28.5M | ||
| Q4 24 | $41.1M | $46.0M | ||
| Q3 24 | $-20.5M | $16.9M | ||
| Q2 24 | $18.0M | $66.9M | ||
| Q1 24 | $4.2M | $37.6M | ||
| Q4 23 | $24.1M | $66.2M |
| Q3 25 | 6.3% | 13.7% | ||
| Q2 25 | 5.7% | 17.7% | ||
| Q1 25 | -2.2% | 7.7% | ||
| Q4 24 | 8.6% | 7.7% | ||
| Q3 24 | -4.4% | 3.3% | ||
| Q2 24 | 4.1% | 13.5% | ||
| Q1 24 | 1.0% | 7.6% | ||
| Q4 23 | 5.9% | 12.1% |
| Q3 25 | 1.1% | 1.6% | ||
| Q2 25 | 0.9% | 1.0% | ||
| Q1 25 | 1.2% | 0.7% | ||
| Q4 24 | 1.0% | 0.7% | ||
| Q3 24 | 0.7% | 1.7% | ||
| Q2 24 | 0.8% | 1.5% | ||
| Q1 24 | 0.6% | 1.7% | ||
| Q4 23 | 1.0% | 2.0% |
| Q3 25 | 5.95× | — | ||
| Q2 25 | 6.66× | 1.35× | ||
| Q1 25 | -1.46× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.79× | 2.61× | ||
| Q2 24 | 11.28× | 4.66× | ||
| Q1 24 | — | 2.42× | ||
| Q4 23 | — | 2.27× |
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% |
MASI
Segment breakdown not available.
