Dauch (DCH) financial statements
Dauch reported revenue of $5.8B in fiscal 2025, up 4.4% a year over 9 years.
Net income was -$20M and the operating margin 1.9%, against 9.6% in 2016.
Free cash flow was $155M, and the company returned $3M in net buybacks.
The diluted share count rose 54% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Dauch's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B | $6.3B | $7.3B | $6.5B | $4.7B | $5.2B | $5.8B | $6.1B | $6.1B | $5.8B |
| Cost of revenue | $3.2B | $5.1B | $6.1B | $5.6B | $4.1B | $4.4B | $5.1B | $5.5B | $5.4B | $5.1B |
| Gross profit | $726M | $1.1B | $1.1B | $903M | $583M | $723M | $705M | $624M | $741M | $704M |
| Research and development | $140M | $162M | $146M | $145M | $117M | $117M | $144M | $155M | $159M | $147M |
| Selling, general and admin | $314M | $390M | $386M | $365M | $314M | $344M | $345M | $367M | $387M | $389M |
| Operating income | $381M | $543M | $106M | -$302M | -$396M | $241M | $244M | $147M | $241M | $112M |
| Interest expense | $93M | $196M | $216M | $217M | $212M | $195M | $174M | $202M | $186M | $201M |
| Pre-tax income | $299M | $340M | -$114M | -$533M | -$610M | $1M | $66M | -$24M | $63M | $2M |
| Income tax | $58M | $2M | -$57M | -$49M | -$49M | -$5M | $2M | $9M | $28M | $21M |
| Net income | $241M | $337M | -$58M | -$484M | -$561M | $6M | $64M | -$34M | $35M | -$20M |
| EPS (diluted) | $3.06 | $3.21 | -$0.51 | -$4.31 | -$4.96 | $0.05 | $0.53 | -$0.29 | $0.29 | -$0.17 |
| Diluted shares | 77M | 103M | 112M | 112M | 113M | 114M | 116M | 117M | 118M | 118M |
| Gross margin | 18.4% | 17.9% | 15.7% | 13.8% | 12.4% | 14.0% | 12.1% | 10.3% | 12.1% | 12.1% |
| Operating margin | 9.6% | 8.7% | 1.5% | -4.6% | -8.4% | 4.7% | 4.2% | 2.4% | 3.9% | 1.9% |
| Net margin | 6.1% | 5.4% | -0.8% | -7.4% | -11.9% | 0.1% | 1.1% | -0.6% | 0.6% | -0.3% |
Balance sheet
Fiscal years, from Dauch's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $481M | $377M | $476M | $532M | $557M | $530M | $512M | $520M | $553M | $709M |
| Receivables | $560M | $1.0B | $966M | $815M | $793M | $763M | $820M | $818M | $709M | $733M |
| Inventory | $182M | $392M | $460M | $374M | $323M | $410M | $464M | $483M | $442M | $466M |
| Total current assets | $1.3B | $1.9B | $2.0B | $1.9B | $1.9B | $1.9B | $2.0B | $2.0B | $1.9B | $3.6B |
| Property, plant and equipment | $1.1B | $2.4B | $2.5B | $2.4B | $2.2B | $2.0B | $1.9B | $1.8B | $1.6B | $1.6B |
| Goodwill | $154M | $1.7B | $1.1B | $699M | $186M | $184M | $182M | $182M | $172M | $174M |
| Total assets | $3.4B | $7.9B | $7.5B | $6.6B | $5.9B | $5.6B | $5.5B | $5.4B | $5.1B | $6.7B |
| Total current liabilities | $652M | $1.2B | $1.4B | $1.0B | $979M | $1.0B | $1.2B | $1.2B | $1.2B | $1.2B |
| Long-term debt | $1.4B | $4.0B | $3.8B | $3.7B | $3.5B | $3.1B | $2.9B | $2.8B | $2.6B | $4.1B |
| Total liabilities | $2.9B | $6.3B | $6.0B | $5.7B | $5.5B | $5.2B | $4.8B | $4.8B | $4.5B | $6.0B |
| Shareholders' equity | $504M | $1.5B | $1.5B | $978M | $370M | $458M | $627M | $605M | $563M | $640M |
| Net debt | $935M | $3.7B | $3.4B | $3.2B | $2.9B | $2.6B | $2.5B | $2.3B | $2.1B | $3.4B |
Cash flow
Fiscal years, from Dauch's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $408M | $647M | $772M | $560M | $455M | $538M | $449M | $396M | $455M | $412M |
| Capital spending | $223M | $478M | $525M | $433M | $216M | $181M | $171M | $195M | $248M | $256M |
| Free cash flow | $185M | $169M | $247M | $126M | $239M | $357M | $278M | $202M | $207M | $155M |
| Stock-based compensation | $21M | $43M | $28M | $22M | $19M | $18M | $18M | $13M | $15M | $14M |
| Share buybacks (net) | -$5M | -$7M | -$4M | -$8M | -$3M | -$4M | -$2M | -$15M | -$3M | -$3M |
| Net borrowing | $23M | $708M | -$172M | -$188M | -$199M | -$383M | -$210M | -$149M | -$148M | $1.4B |
| Free cash flow margin | 4.7% | 2.7% | 3.4% | 1.9% | 5.1% | 6.9% | 4.8% | 3.3% | 3.4% | 2.7% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for DCH.
Open DCH in InvestinglyQuestions
What was Dauch's revenue in 2025?
$5.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Dauch generate?
$155M in fiscal 2025 (operating cash flow minus capital spending).
From Dauch's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.