Doman Building Materials Group Ltd. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 revenue $841.7 million, up from $795.1 million year over year
- ➤Q3 Adjusted EBITDA $60.1 million, down from $62.0 million in 2025
- ➤Q3 net earnings $19.7 million, up from $18.1 million year over year
- ➤Q3 gross margin fell to 14.8% from 15.5% amid lower SYP pricing
- ➤Quarterly dividend of $0.14 per share declared and paid October 15
Expert Statements
Amar S. Doman, Chairman of the Board and Chief Executive Officer of Doman Building Materials Group Ltd.
“While revenues were up for the quarter, margins were pressured by a combination of declining SYP pricing and higher transportation costs, including both freight and diesel expenses. Despite these headwinds, our business remains resilient, supported by strong customer relationships and an established market position. We remain focused on cost discipline, operational efficiency, and delivering long-term value.”
Amar S. Doman, Chairman of the Board and Chief Executive Officer of Doman Building Materials Group Ltd.
“We continue to closely monitor housing starts, interest rates, and trends across our key end markets, as higher borrowing costs could weigh on demand in certain segments. While near-term conditions remain uncertain, we remain confident in the resilience of our business and the longer-term fundamentals of the building materials market.”
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
Q3 2026 Financial Highlights(()(1)): * Revenues of $841.7 million * Gross Margin at 14.8% * Adjusted EBITDA(()(2))((3)) amounted to $60.1 million * Net Earnings amounted to $19.7 million * Quarterly dividend of $0.14 per share declared(()(4)()) VANCOUVER, British Columbia, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX:DBM) announced today its third quarter 2026 financial results(()(1)) for the period ended September 30, 2026.
Get started
Create a free account to read the full story.