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Doman Building Materials Group Ltd. (T:DBM)

Business Focus: Construction Supplies & Fixtures Wholesale

Sector:  Consumer Cyclicals Industry:  Construction Supplies & Fixtures
 
Company Contact
Address: 1600 - 1100 Melville Street,
PO Box 39
VANCOUVER BC V6E 4A6
Tel: 1-416-9623300
Website: https://domanbm.com
IR: See website
Key People
Amar S. Doman
Chairman, Chief Executive Officer and Director
James Code
Chief Financial Officer
R. S. Doman
General Counsel, Corporate Secretary
Business Overview
Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 19 treating plants, two specialty planing mills and five specialty sawmills located in eight states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 14 locations across all the islands. The Company's Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.
Financial Overview
For the fiscal year ended 31 December 2023, Doman Building Materials Group Ltd revenues decreased 18% to C$2.49B. Net income decreased 4% to C$75.8M. Revenues reflect Other segment decrease of 2% to C$36.4M. Net income also reflects Salaries and benefits increase of 4% to C$136.3M (expense), Loans and borrowings increase of 9% to C$33.6M (expense). Dividend per share increased from C$0.50 to C$0.84.
Employees: 2,057 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $1,311M as of Dec 31, 2023
Annual revenue (TTM): $2,491M as of Dec 31, 2023
EBITDA (TTM): $196.09M as of Dec 31, 2023
Net annual income (TTM): $75.79M as of Dec 31, 2023
Free cash flow (TTM): $72.20M as of Dec 31, 2023
Net Debt Last Fiscal Year: $637.27M as of Dec 31, 2023
Shares outstanding: 87,139,845 as of Feb 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization