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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.

WERNER ENTERPRISES INC is the larger business by last-quarter revenue ($808.6M vs $518.0M, roughly 1.6× Distribution Solutions Group, Inc.). Distribution Solutions Group, Inc. runs the higher net margin — 1.2% vs -0.5%, a 1.8% gap on every dollar of revenue. On growth, WERNER ENTERPRISES INC posted the faster year-over-year revenue change (13.6% vs 10.7%). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs 4.3%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

DSGR vs WERN — Head-to-Head

Bigger by revenue
WERN
WERN
1.6× larger
WERN
$808.6M
$518.0M
DSGR
Growing faster (revenue YoY)
WERN
WERN
+2.9% gap
WERN
13.6%
10.7%
DSGR
Higher net margin
DSGR
DSGR
1.8% more per $
DSGR
1.2%
-0.5%
WERN
Faster 2-yr revenue CAGR
DSGR
DSGR
Annualised
DSGR
13.1%
4.3%
WERN

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
DSGR
DSGR
WERN
WERN
Revenue
$518.0M
$808.6M
Net Profit
$6.5M
$-4.3M
Gross Margin
32.9%
Operating Margin
4.6%
Net Margin
1.2%
-0.5%
Revenue YoY
10.7%
13.6%
Net Profit YoY
-70.6%
57.8%
EPS (diluted)
$0.14
$-0.07

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.

Revenue
DSGR
DSGR
WERN
WERN
Q1 26
$808.6M
Q4 25
$719.9M
Q3 25
$518.0M
$752.2M
Q2 25
$502.4M
$734.1M
Q1 25
$478.0M
$693.4M
Q4 24
$480.5M
$736.6M
Q3 24
$468.0M
$726.3M
Q2 24
$439.5M
$742.7M
Net Profit
DSGR
DSGR
WERN
WERN
Q1 26
$-4.3M
Q4 25
$-27.8M
Q3 25
$6.5M
$-20.6M
Q2 25
$5.0M
$44.1M
Q1 25
$3.3M
$-10.1M
Q4 24
$-25.9M
$11.9M
Q3 24
$21.9M
$6.6M
Q2 24
$1.9M
$9.5M
Gross Margin
DSGR
DSGR
WERN
WERN
Q1 26
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%
Operating Margin
DSGR
DSGR
WERN
WERN
Q1 26
Q4 25
-5.0%
Q3 25
4.6%
-1.7%
Q2 25
5.3%
9.0%
Q1 25
4.2%
-0.8%
Q4 24
4.2%
1.8%
Q3 24
4.0%
2.4%
Q2 24
3.2%
2.6%
Net Margin
DSGR
DSGR
WERN
WERN
Q1 26
-0.5%
Q4 25
-3.9%
Q3 25
1.2%
-2.7%
Q2 25
1.0%
6.0%
Q1 25
0.7%
-1.5%
Q4 24
-5.4%
1.6%
Q3 24
4.7%
0.9%
Q2 24
0.4%
1.3%
EPS (diluted)
DSGR
DSGR
WERN
WERN
Q1 26
$-0.07
Q4 25
$-0.46
Q3 25
$0.14
$-0.34
Q2 25
$0.11
$0.72
Q1 25
$0.07
$-0.16
Q4 24
$-0.55
$0.19
Q3 24
$0.46
$0.11
Q2 24
$0.04
$0.15

Balance Sheet & Financial Strength

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

Metric
DSGR
DSGR
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$69.2M
$61.5M
Total DebtLower is stronger
$665.5M
$878.2M
Stockholders' EquityBook value
$653.9M
$1.4B
Total Assets
$1.8B
$3.3B
Debt / EquityLower = less leverage
1.02×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DSGR
DSGR
WERN
WERN
Q1 26
$61.5M
Q4 25
$59.9M
Q3 25
$69.2M
$51.0M
Q2 25
$47.4M
$51.4M
Q1 25
$65.4M
$52.0M
Q4 24
$66.5M
$40.8M
Q3 24
$61.3M
$54.7M
Q2 24
$46.8M
$70.4M
Total Debt
DSGR
DSGR
WERN
WERN
Q1 26
$878.2M
Q4 25
$752.0M
Q3 25
$665.5M
$725.0M
Q2 25
$675.0M
$725.0M
Q1 25
$712.4M
$640.0M
Q4 24
$693.9M
$650.0M
Q3 24
$704.1M
$690.0M
Q2 24
$573.7M
$670.0M
Stockholders' Equity
DSGR
DSGR
WERN
WERN
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$653.9M
$1.4B
Q2 25
$649.4M
$1.4B
Q1 25
$636.7M
$1.4B
Q4 24
$640.5M
$1.5B
Q3 24
$680.8M
$1.4B
Q2 24
$653.3M
$1.5B
Total Assets
DSGR
DSGR
WERN
WERN
Q1 26
$3.3B
Q4 25
$2.9B
Q3 25
$1.8B
$3.0B
Q2 25
$1.8B
$2.9B
Q1 25
$1.8B
$3.0B
Q4 24
$1.7B
$3.1B
Q3 24
$1.8B
$3.1B
Q2 24
$1.6B
$3.1B
Debt / Equity
DSGR
DSGR
WERN
WERN
Q1 26
0.65×
Q4 25
0.55×
Q3 25
1.02×
0.52×
Q2 25
1.04×
0.51×
Q1 25
1.12×
0.45×
Q4 24
1.08×
0.45×
Q3 24
1.03×
0.48×
Q2 24
0.88×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DSGR
DSGR
WERN
WERN
Operating Cash FlowLast quarter
$38.4M
Free Cash FlowOCF − Capex
$32.9M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
1.1%
0.2%
Cash ConversionOCF / Net Profit
5.95×
TTM Free Cash FlowTrailing 4 quarters
$92.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DSGR
DSGR
WERN
WERN
Q1 26
Q4 25
$62.3M
Q3 25
$38.4M
$44.1M
Q2 25
$33.3M
$46.0M
Q1 25
$-4.8M
$29.4M
Q4 24
$45.7M
$71.0M
Q3 24
$-17.3M
$61.0M
Q2 24
$21.4M
$109.1M
Free Cash Flow
DSGR
DSGR
WERN
WERN
Q1 26
Q4 25
$-23.5M
Q3 25
$32.9M
$-8.6M
Q2 25
$28.7M
$-42.3M
Q1 25
$-10.4M
$5.9M
Q4 24
$41.1M
$-9.8M
Q3 24
$-20.5M
$-73.4M
Q2 24
$18.0M
$-31.2M
FCF Margin
DSGR
DSGR
WERN
WERN
Q1 26
Q4 25
-3.3%
Q3 25
6.3%
-1.1%
Q2 25
5.7%
-5.8%
Q1 25
-2.2%
0.8%
Q4 24
8.6%
-1.3%
Q3 24
-4.4%
-10.1%
Q2 24
4.1%
-4.2%
Capex Intensity
DSGR
DSGR
WERN
WERN
Q1 26
0.2%
Q4 25
11.9%
Q3 25
1.1%
7.0%
Q2 25
0.9%
12.0%
Q1 25
1.2%
3.4%
Q4 24
1.0%
11.0%
Q3 24
0.7%
18.5%
Q2 24
0.8%
18.9%
Cash Conversion
DSGR
DSGR
WERN
WERN
Q1 26
Q4 25
Q3 25
5.95×
Q2 25
6.66×
1.04×
Q1 25
-1.46×
Q4 24
5.97×
Q3 24
-0.79×
9.30×
Q2 24
11.28×
11.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DSGR
DSGR

Test Equity Segment$206.5M40%
Gexpro Services Segment$130.5M25%
Lawson Segment$121.5M23%
Canada Branch Division Segment$60.0M12%

WERN
WERN

Segment breakdown not available.

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