Distribution Solutions Group Reports Strong 2024 Growth

Distribution Solutions Group, Inc. ( (DSGR) ) has released its Q4 earnings. Here is a breakdown of the information Distribution Solutions Group, Inc. presented to its investors.

Distribution Solutions Group, Inc. (DSG) is a leading specialty distribution company that provides high-touch, value-added distribution solutions to the maintenance, repair & operations (MRO), original equipment manufacturer (OEM), and industrial technologies markets across a diverse range of industries. DSG operates globally, serving approximately 200,000 customers with the support of 4,400 dedicated employees.

In its latest earnings report, Distribution Solutions Group announced a significant increase in revenue for the full year 2024, with a 14.9% rise to $1.80 billion. The company also reported strong cash flow driven by organic sales growth in the fourth quarter. Despite a challenging economic environment, DSG’s strategic acquisitions contributed to its robust financial performance.

Key financial metrics highlighted in the report include a 30.2% increase in operating income to $55.95 million and an 11.6% growth in adjusted EBITDA to $175.3 million for the year. The company completed five strategic acquisitions in 2024, which added $268.2 million in partial-year revenue and expanded its service offerings and customer base. The fourth quarter saw a notable revenue increase of 18.6% to $480.5 million, driven by both organic growth and acquisitions.

Looking ahead, Distribution Solutions Group remains focused on long-term value creation through strategic scaling of its platform via organic growth and mergers and acquisitions. The company aims to enhance its high-margin business model and maximize shareholder value through efficient capital returns and high cash flow conversion rates.