Dauch Corp
DCH · Motor Vehicle Parts & Accessories · 237.4M shares · +1%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $1M (gross $15M, SBC $13M)
Reference price $5.20 · est. market cap ~$1.2B — last insider purchase, 2026-03-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50Highly leveraged, customer-concentrated driveline supplier with a net loss and major EV-program disruption.
Strengths
- Strong liquidity (current ratio 89th pct, quick 92nd pct) and positive FCF ($155M)
- Powertrain-agnostic portfolio and Dowlais acquisition add scale and diversification
Risks
- Net loss (ROE -3.1%), debt-to-equity 6.4 (100th pct), interest coverage 0.56
- Extreme customer concentration (GM 44%, Ford 15%, Stellantis 13%) and EV-program cancellation charges
Notable findings
- No interest coverageInterest coverage 0.56 (cannot cover interest)
- High leverageHigh leverage (debt/equity 6.38)
- Net lossNet loss (net margin -0.3%)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~10% of revenue from one customer/distributor — No other customer represented 10% or more of consolidated net sales during these periods
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$182,000, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
12.1%
Operating margin
1.9%
Net margin
-0.3%
Return on equity
-3.1%
Return on assets
-0.3%
ROIC
1.9%
Revenue growth (QoQ)
71.9%
Net-income growth
-156.3%
Debt / equity
6.4×
Net debt / EBITDA
5.9×
Interest coverage
0.6×
Current ratio
2.9×
Free cash flow
$155M
EBITDA
$572M
Tangible book value
$90M
Cash & investments
$709M
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-04 | Sherbin Joshua A | Grant | 101K | — |
| 2026-05-04 | Kemp Terri M. | Grant | 187K | — |
| 2026-05-04 | Sherbin Joshua A | Grant | 45K | — |
| 2026-04-30 | Walker David B. | Grant | 30K | — |
| 2026-04-30 | Mackenzie Smith Simon | Grant | 30K | — |
| 2026-04-30 | Valenti Samuel III | Grant | 30K | — |
| 2026-04-30 | Pierce Sandra E. | Grant | 30K | — |
| 2026-04-30 | Lyons Peter David | Grant | 30K | — |
| 2026-04-30 | Miziolek Aleksandra A | Grant | 30K | — |
| 2026-04-30 | Grayson-Caprio Terry | Grant | 30K | — |
| 2026-04-30 | Parker Herbert K | Grant | 30K | — |
| 2026-04-30 | MCCASLIN JAMES A | Grant | 30K | — |
| 2026-04-30 | Kozyra William Lawrence | Grant | 30K | — |
| 2026-04-30 | MacAulay Fiona M | Grant | 30K | — |
| 2026-03-13 | Walker David B. | Buy | 35K | $5.20 |
| 2026-02-28 | DAUCH DAVID C | Tax withheld | 146K | $6.60 |
| 2026-02-28 | Oal Tolga I | Grant | 31K | — |
| 2026-02-28 | Oal Tolga I | Tax withheld | 14K | $6.60 |
| 2026-02-28 | Oal Tolga I | Tax withheld | 28K | $6.60 |
| 2026-02-28 | May Christopher John | Grant | 39K | — |
| 2026-02-28 | May Christopher John | Tax withheld | 18K | $6.60 |
| 2026-02-28 | May Christopher John | Tax withheld | 35K | $6.60 |
| 2026-02-28 | Kemp Terri M. | Grant | 27K | — |
| 2026-02-28 | Kemp Terri M. | Tax withheld | 12K | $6.60 |
| 2026-02-28 | Kemp Terri M. | Tax withheld | 25K | $6.60 |
| 2026-02-28 | Lynch Michael Joseph | Grant | 39K | — |
| 2026-02-28 | Lynch Michael Joseph | Tax withheld | 18K | $6.60 |
| 2026-02-28 | Lynch Michael Joseph | Tax withheld | 35K | $6.60 |
| 2026-02-28 | DAUCH DAVID C | Grant | 167K | — |
| 2026-02-28 | DAUCH DAVID C | Tax withheld | 75K | $6.60 |
| 2026-02-26 | Lynch Michael Joseph | Grant | 129K | — |
| 2026-02-26 | Oal Tolga I | Grant | 80K | — |
| 2026-02-26 | Bannert Markus | Grant | 83K | — |
| 2026-02-26 | May Christopher John | Grant | 114K | — |
| 2026-02-26 | Kemp Terri M. | Grant | 80K | — |
| 2026-02-26 | DAUCH DAVID C | Grant | 538K | — |
| 2026-02-05 | Bannert Markus | Grant | 91K | — |
| 2026-02-05 | Bannert Markus | Grant | 91K | — |
| 2026-02-02 | May Christopher John | Grant | 288K | — |
| 2026-02-02 | Lynch Michael Joseph | Grant | 288K | — |
| 2026-02-02 | DAUCH DAVID C | Grant | 576K | — |
| 2025-05-01 | Miziolek Aleksandra A | Grant | 39K | $3.80 |
| 2025-05-01 | Kozyra William Lawrence | Grant | 39K | $3.80 |
| 2025-05-01 | Lyons Peter David | Grant | 39K | $3.80 |
| 2025-05-01 | Parker Herbert K | Grant | 39K | $3.80 |
| 2025-05-01 | MILLER WILLIAM P II | Grant | 39K | $3.80 |
| 2025-05-01 | Pierce Sandra E. | Grant | 39K | $3.80 |
| 2025-05-01 | Grayson-Caprio Terry | Grant | 39K | $3.80 |
| 2025-05-01 | Valenti Samuel III | Grant | 39K | $3.80 |
| 2025-05-01 | MCCASLIN JAMES A | Grant | 39K | $3.80 |
| 2025-03-03 | DAUCH DAVID C | Grant | 605K | — |
| 2025-03-03 | May Christopher John | Grant | 142K | — |
| 2025-03-03 | Kemp Terri M. | Grant | 99K | — |
| 2025-03-03 | Paroly Matthew K. | Grant | 99K | — |
| 2025-03-03 | Lynch Michael Joseph | Grant | 142K | — |
| 2025-03-03 | Oal Tolga I | Grant | 114K | — |
| 2025-02-28 | Kemp Terri M. | Tax withheld | 10K | $4.96 |
| 2025-02-28 | DAUCH DAVID C | Tax withheld | 174K | $4.96 |
| 2025-02-28 | DAUCH DAVID C | Grant | 215K | — |
| 2025-02-28 | Lynch Michael Joseph | Tax withheld | 27K | $4.96 |
| 2025-02-28 | Lynch Michael Joseph | Grant | 33K | — |
| 2025-02-28 | Lynch Michael Joseph | Tax withheld | 15K | $4.96 |
| 2025-02-28 | DAUCH DAVID C | Tax withheld | 96K | $4.96 |
| 2025-02-28 | May Christopher John | Grant | 46K | — |
| 2025-02-28 | May Christopher John | Tax withheld | 21K | $4.96 |
| 2025-02-28 | May Christopher John | Tax withheld | 37K | $4.96 |
| 2025-02-28 | Kemp Terri M. | Tax withheld | 16K | $4.96 |
| 2025-02-28 | Kemp Terri M. | Grant | 20K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (11)
- General Motors Company 44% of rev
- Ford Motor Company 15% of rev
- Stellantis N.V. 13% of rev
- Skywell
- Dongfeng Motor Group
- Audi
- Volkswagen
- FAW Group
- Phoebus
- Mahindra
- Daimler
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Other | filing ↗ |
| 2026-05-08 | ResultsReg FDExhibits | filing ↗ |
| 2026-05-04 | Exec/director change | filing ↗ |
| 2026-05-01 | Exec/director change | filing ↗ |
| 2026-04-17 | Exec/director change | filing ↗ |
| 2026-04-17 | Exhibits | filing ↗ |
| 2026-02-13 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-10 | Exec/director changeOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-15 | 0001062231-26-000131 ↗ |
| 8-K | 2026-05-08 | 2026-05-08 | 0001062231-26-000124 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001062231-26-000126 ↗ |
| 8-K/A | 2026-05-04 | 2026-04-29 | 0001062231-26-000111 ↗ |
| 8-K | 2026-05-01 | 2026-04-29 | 0001062231-26-000108 ↗ |
| 8-K/A | 2026-04-17 | 2026-02-03 | 0001104659-26-044910 ↗ |
| 8-K | 2026-04-17 | 2026-04-13 | 0000947871-26-000453 ↗ |
| 8-K | 2026-02-13 | 2026-02-13 | 0001062231-26-000017 ↗ |
| 10-K | 2026-02-13 | 2025-12-31 | 0001062231-26-000020 ↗ |
| 8-K | 2026-02-10 | 2026-02-05 | 0000947871-26-000107 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001104659-26-010059 ↗ |
| 8-K | 2026-02-03 | 2026-01-28 | 0001104659-26-009503 ↗ |