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Side-by-side financial comparison of Distribution Solutions Group, Inc. (DSGR) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $518.0M, roughly 1.7× Distribution Solutions Group, Inc.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 1.2%, 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 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $32.9M). Over the past eight quarters, Distribution Solutions Group, Inc.'s revenue compounded faster (13.1% CAGR vs 9.6%).
Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
DSGR vs ZION — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $518.0M | $891.0M |
| Net Profit | $6.5M | $263.0M |
| Gross Margin | 32.9% | — |
| Operating Margin | 4.6% | — |
| Net Margin | 1.2% | 29.5% |
| Revenue YoY | 10.7% | 8.7% |
| Net Profit YoY | -70.6% | 21.8% |
| EPS (diluted) | $0.14 | $1.77 |
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 | — | $891.0M | ||
| Q3 25 | $518.0M | $861.0M | ||
| Q2 25 | $502.4M | $838.0M | ||
| Q1 25 | $478.0M | $795.0M | ||
| Q4 24 | $480.5M | $820.0M | ||
| Q3 24 | $468.0M | $792.0M | ||
| Q2 24 | $439.5M | $777.0M | ||
| Q1 24 | $416.1M | $742.0M |
| Q4 25 | — | $263.0M | ||
| Q3 25 | $6.5M | $222.0M | ||
| Q2 25 | $5.0M | $244.0M | ||
| Q1 25 | $3.3M | $170.0M | ||
| Q4 24 | $-25.9M | $216.0M | ||
| Q3 24 | $21.9M | $214.0M | ||
| Q2 24 | $1.9M | $201.0M | ||
| Q1 24 | $-5.2M | $153.0M |
| 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 | — | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 0.7% | — |
| Q4 25 | — | 29.5% | ||
| Q3 25 | 1.2% | 25.8% | ||
| Q2 25 | 1.0% | 29.1% | ||
| Q1 25 | 0.7% | 21.4% | ||
| Q4 24 | -5.4% | 26.3% | ||
| Q3 24 | 4.7% | 27.0% | ||
| Q2 24 | 0.4% | 25.9% | ||
| Q1 24 | -1.3% | 20.6% |
| Q4 25 | — | $1.77 | ||
| Q3 25 | $0.14 | $1.48 | ||
| Q2 25 | $0.11 | $1.63 | ||
| Q1 25 | $0.07 | $1.13 | ||
| Q4 24 | $-0.55 | $1.34 | ||
| Q3 24 | $0.46 | $1.37 | ||
| Q2 24 | $0.04 | $1.28 | ||
| Q1 24 | $-0.11 | $0.96 |
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 | $1.5B |
| Stockholders' EquityBook value | $653.9M | $7.2B |
| Total Assets | $1.8B | $89.0B |
| Debt / EquityLower = less leverage | 1.02× | 0.21× |
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 | — | $1.5B | ||
| Q3 25 | $665.5M | $1.5B | ||
| Q2 25 | $675.0M | $970.0M | ||
| Q1 25 | $712.4M | $964.0M | ||
| Q4 24 | $693.9M | $950.0M | ||
| Q3 24 | $704.1M | $548.0M | ||
| Q2 24 | $573.7M | $546.0M | ||
| Q1 24 | $535.7M | $544.0M |
| Q4 25 | — | $7.2B | ||
| Q3 25 | $653.9M | $6.9B | ||
| Q2 25 | $649.4M | $6.6B | ||
| Q1 25 | $636.7M | $6.3B | ||
| Q4 24 | $640.5M | $6.1B | ||
| Q3 24 | $680.8M | $6.4B | ||
| Q2 24 | $653.3M | $6.0B | ||
| Q1 24 | $654.7M | $5.8B |
| Q4 25 | — | $89.0B | ||
| Q3 25 | $1.8B | $88.5B | ||
| Q2 25 | $1.8B | $88.9B | ||
| Q1 25 | $1.8B | $88.0B | ||
| Q4 24 | $1.7B | $88.8B | ||
| Q3 24 | $1.8B | $87.0B | ||
| Q2 24 | $1.6B | $87.6B | ||
| Q1 24 | $1.5B | $87.1B |
| Q4 25 | — | 0.21× | ||
| Q3 25 | 1.02× | 0.21× | ||
| Q2 25 | 1.04× | 0.15× | ||
| Q1 25 | 1.12× | 0.15× | ||
| Q4 24 | 1.08× | 0.16× | ||
| Q3 24 | 1.03× | 0.09× | ||
| Q2 24 | 0.88× | 0.09× | ||
| Q1 24 | 0.82× | 0.09× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | $32.9M | $952.0M |
| FCF MarginFCF / Revenue | 6.3% | 106.8% |
| Capex IntensityCapex / Revenue | 1.1% | 13.6% |
| Cash ConversionOCF / Net Profit | 5.95× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | $38.4M | $438.0M | ||
| Q2 25 | $33.3M | $-62.0M | ||
| Q1 25 | $-4.8M | $179.0M | ||
| Q4 24 | $45.7M | $1.1B | ||
| Q3 24 | $-17.3M | $119.0M | ||
| Q2 24 | $21.4M | $251.0M | ||
| Q1 24 | $6.6M | $261.0M |
| Q4 25 | — | $952.0M | ||
| Q3 25 | $32.9M | $413.0M | ||
| Q2 25 | $28.7M | $-93.0M | ||
| Q1 25 | $-10.4M | $152.0M | ||
| Q4 24 | $41.1M | $1.1B | ||
| Q3 24 | $-20.5M | $97.0M | ||
| Q2 24 | $18.0M | $234.0M | ||
| Q1 24 | $4.2M | $231.0M |
| Q4 25 | — | 106.8% | ||
| Q3 25 | 6.3% | 48.0% | ||
| Q2 25 | 5.7% | -11.1% | ||
| Q1 25 | -2.2% | 19.1% | ||
| Q4 24 | 8.6% | 128.2% | ||
| Q3 24 | -4.4% | 12.2% | ||
| Q2 24 | 4.1% | 30.1% | ||
| Q1 24 | 1.0% | 31.1% |
| Q4 25 | — | 13.6% | ||
| Q3 25 | 1.1% | 2.9% | ||
| Q2 25 | 0.9% | 3.7% | ||
| Q1 25 | 1.2% | 3.4% | ||
| Q4 24 | 1.0% | 11.8% | ||
| Q3 24 | 0.7% | 2.8% | ||
| Q2 24 | 0.8% | 2.2% | ||
| Q1 24 | 0.6% | 4.0% |
| Q4 25 | — | 4.08× | ||
| Q3 25 | 5.95× | 1.97× | ||
| Q2 25 | 6.66× | -0.25× | ||
| Q1 25 | -1.46× | 1.05× | ||
| Q4 24 | — | 5.31× | ||
| Q3 24 | -0.79× | 0.56× | ||
| Q2 24 | 11.28× | 1.25× | ||
| Q1 24 | — | 1.71× |
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% |
ZION
Segment breakdown not available.
