Company Analysis

AMCON Distributing Co. (DIT)

NYSE: DIT · Wholesale-Groceries, General Line · Omaha, NE · filing with the SEC since 1996
Grade6.3
◀ Past 6.5● Present 6.6▶ Future 5.6

The grade of AMCON Distributing Co.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past6.525% of the headline
● Present6.645% of the headline
▶ Future5.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.5/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.1/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 71st percentile among 36 sector filers · read for itself

From the record

AMCON Distributing Co.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.6/10

What has it actually done, year after year?

+12.2% a year over 8 filed years; profitable in 8 of 8.

weight 33% of this tense · 86th percentile among 35 sector filers · read for its customers

From the record

AMCON Distributing Co.'s 8 filed years say what it did: revenue went from $1.4 billion in fiscal 2019 to $3.1 billion in fiscal 2026, up 12.2% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 8 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.2%top 24% of its family
  • the share of years revenue rosetop 9% of its family
  • the share of filed years with a profittop 14% of its family
  • the deepest fall from a revenue peak0.0%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.4/10

How has it treated the people who own it?

Share count grew 1.6% a year. 4% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 24th percentile among 25 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-09-30, AMCON Distributing Co.'s diluted share count grew about 1.6% a year, and dividends and buybacks returned about 4% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-29 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 24% of its family
  • cash returned against operating cash flowbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
4.6/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 71%: owes 71¢ per asset dollar.

weight 33% of this tense · 46th percentile among 33 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-09-30, AMCON Distributing Co. earned about 2 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 47 cents per dollar of everything the company owns. Leverage: it owed about 71 cents per dollar of assets, and net share issuance: its share count grew 1.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 35% of its family
  • return on equitybottom 47% of its family
  • gross profit against assetstop 21% of its family
  • the share count against the year beforebottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 35 in its family; net margin 0.1%.

weight 45% of this tense · 66th percentile among 35 sector filers · read for its customers

From the record

AMCON Distributing Co.'s standing among 35 graded names in its industry family: revenue of $3.1 billion in fiscal 2026 ranks in the top 37% by size; a net margin of 0.1% ranks in the bottom 47%; revenue growth of 7.1% a year over the last 3 filed years ranks in the top 13% (its annual reports).

What it rests on

  • revenue against the family$3.12Btop 37% of its family
  • net margin0.1%bottom 47% of its family
  • three-year revenue growth7.1%top 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
9.7/10

What are the people in charge doing?

top 3% of 22 in its family for leadership; chief executive since 2007.

weight 22% of this tense · 97th percentile among 22 sector filers · read for its shareholders

From the record

AMCON Distributing Co.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Atayan, Christopher H (CEO and Chairman, as filed), filing under that title since 2007-04-19, 19.6 years (top 2% of its family); the 3 officers and directors filing in the last fifteen months have been on the record a median of 19.6 years (top 2%); no officer or director change was reported on Form 8-K since 2023-11-13, against the 3 people in charge now (top 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge0 in three years among 3 peopletop 4% of its family
  • the median years the people in charge have filed19.6 yearstop 2% of its family
  • the chief executive's years on the record19.6 yearstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 35 in its family for room to expand.

weight 33% of this tense · 38th percentile among 35 sector filers · read for itself

From the record

AMCON Distributing Co.'s room to grow, from the newest filed statements (fiscal 2026): cash of $671 thousand against debt of $7 million leaves -1.5% of its assets as net cash, top 43% of its family; cash from operations less capital spending is -0.4% of revenue (bottom 30%); a gross margin of 6.1% (bottom 26%) (its annual report).

What it rests on

  • cash less debt against assets-1.5%top 43% of its family
  • cash from operations less capital spending against revenue-0.4%bottom 30% of its family
  • gross margin6.1%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.8/10

What could actually drive growth from here?

top 32% of 35 in its family for growth drivers.

weight 33% of this tense · 68th percentile among 35 sector filers · read for its customers

From the record

AMCON Distributing Co.'s growth drivers, from the filed years to fiscal 2026: revenue grew 7.1% a year over the last three filed years against 12.2% over all 8, slowing (bottom 47% of its family); the newest year grew 10.9% (top 16%); capital spending grew 5.8% a year (top 27%) (its annual reports). AMCON Distributing Co. reported 5 product lines in fiscal 2025: Cigarettes at $1.7 billion (61%), Tobacco at $541 million (19%), Tobacco Food Service and Other at $331 million (12%), and 2 more; 5 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-5.1 points a yearbottom 47% of its family
  • the newest year's revenue growth10.9%top 16% of its family
  • three-year growth of capital spending5.8%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 32 in its family for expectations against reality.

weight 33% of this tense · 61st percentile among 32 sector filers · read for its shareholders

From the record

AMCON Distributing Co.'s newest year against its own record: revenue of $3.1 billion in fiscal 2026 came in 5.3% above the $3.0 billion its prior three years' pace pointed to (top 23% of its family); net income of $2 million against a prior three-year average of $6 million (bottom 45%); a net margin of 0.1% against 0.2% before (top 39%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.3%top 23% of its family
  • net income against the prior three years' average-57%bottom 45% of its family
  • net margin against its prior average-0.1 pointstop 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DIT · research, not advice