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Douglas Dynamics, Inc.(PLOW)Earnings, Financials & Key Ratios
PLOW•NYSE
$45.42
$1.05B mkt cap·23.1× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryCommercial Vehicle Equipment and Materials
AboutDouglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.Show more
- Revenue$656M+15.4%
- EBITDA$89M-16.5%
- Net Income$47M-16.5%
- EPS (Diluted)1.97-16.5%
- Gross Margin25.68%-0.6%
- EBITDA Margin13.56%-27.7%
- Operating Margin11.22%-28.1%
- Net Margin7.15%-27.6%
- ROE17.19%-24.1%
- ROIC11.4%-19.1%
- Debt/Equity0.76-8.9%
- Interest Coverage6.08+4.0%
PLOW Key Insights
Douglas Dynamics, Inc. (PLOW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 80 (top 20%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 16.7%
- ✓Healthy dividend yield of 2.6%
- ✓Efficient asset utilization: 1.0x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PLOW Price & Volume
Douglas Dynamics, Inc. (PLOW) stock price & volume — 10-year historical chart
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PLOW Growth Metrics
Douglas Dynamics, Inc. (PLOW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.06%
5 Years6.44%
3 Years2.12%
TTM15.46%
Profit CAGR
10 Years0.6%
5 Years-
3 Years6.7%
TTM9834.49%
EPS CAGR
10 Years0.15%
5 Years-
3 Years6.52%
TTM-18.26%
Return on Capital
10 Years10.06%
5 Years12.64%
3 Years13.7%
Last Year14.01%
PLOW Recent Earnings
Douglas Dynamics, Inc. (PLOW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 4, 2026EPS
$0.36
Est $0.12
+200.0%
Revenue
$138M
Est $133M
+3.4%
Q1 2026
Feb 23, 2026EPS
$0.62
Est $0.56
+10.7%
Revenue
$185M
Est $170M
+8.6%
Q4 2025
Nov 3, 2025EPS
$0.40
Est $0.36
+11.1%
Revenue
$162M
Est $170M
-4.6%
Q3 2025
Aug 4, 2025EPS
$1.14
Est $0.84
+35.7%
Revenue
$194M
Est $157M
+23.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $0.36vs $0.12+200.0% | $138Mvs $133M+3.4% |
| Q1 2026 | Feb 23, 2026 | $0.62vs $0.56+10.7% | $185Mvs $170M+8.6% |
| Q4 2025 | Nov 3, 2025 | $0.40vs $0.36+11.1% | $162Mvs $170M-4.6% |
| Q3 2025 | Aug 4, 2025 | $1.14vs $0.84+35.7% | $194Mvs $157M+23.6% |
Based on last 12 quarters of dataView full earnings history →
PLOW Peer Comparison
Douglas Dynamics, Inc. (PLOW) competitors in Commercial Vehicle Equipment and Materials — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ALGT | 1.48B | 80.08 | -32.29 | 3.74% | -1.71% | -4.22% | 1.77 | |
 ASTE | 1.23B | 53.60 | 31.90 | 8.07% | 1.75% | 3.82% | 0.47 | |
 HLIO | 2.31B | 69.81 | 48.14 | 4.11% | 5.78% | 5.33% | 0.12 | |
 MYRG | 7.08B | 454.78 | 60.40 | 8.79% | 3.71% | 22.14% | 0.16 | |
 MTW | 476.86M | 13.28 | 66.40 | 2.89% | 0.33% | 1.09% | 0.84 | |
 AGCO | 8.71B | 120.23 | 12.33 | -13.55% | 7.43% | 16.73% | 0.59 | |
 CNH | 13.42B | 10.82 | 26.39 | -8.76% | 2.13% | 4.92% | 3.45 | |
 STLD | 35.04B | 241.85 | 30.27 | 3.63% | 7.22% | 15.29% | 0.47 |
Compare PLOW vs Peers
Douglas Dynamics, Inc. (PLOW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PLOW Income Statement
Douglas Dynamics, Inc. (PLOW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 474.93M | 524.07M | 571.71M | 480.15M | 541.45M | 616.07M | 568.18M | 568.5M | 656.05M | 678.78M |
| Revenue Growth % | 14.09% | 10.35% | 9.09% | -16.01% | 12.77% | 13.78% | -7.77% | 0.06% | 15.4% | 15.46% |
| Cost of Goods Sold | 331.84M | 369.18M | 402.89M | 351.87M | 399.58M | 464.61M | 433.91M | 421.67M | 487.55M | 497.52M |
| COGS % of Revenue | 69.87% | 70.44% | 70.47% | 73.28% | 73.8% | 75.42% | 76.37% | 74.17% | 74.32% | - |
| Gross Profit | 143.09M▲ 0% | 154.89M▲ 8.2% | 168.82M▲ 9.0% | 128.28M▼ 24.0% | 141.87M▲ 10.6% | 151.46M▲ 6.8% | 134.27M▼ 11.3% | 146.84M▲ 9.4% | 168.5M▲ 14.8% | 181.26M▲ 0% |
| Gross Margin % | 30.13% | 29.56% | 29.53% | 26.72% | 26.2% | 24.58% | 23.63% | 25.83% | 25.68% | 26.7% |
| Gross Profit Growth % | 6.8% | 8.25% | 8.99% | -24.01% | 10.6% | 6.76% | -11.35% | 9.36% | 14.75% | - |
| Operating Expenses | 73M | 81.43M | 82.24M | 203.42M | 90.74M | 92.7M | 89.36M | 58.13M | 94.89M | 100.94M |
| OpEx % of Revenue | 15.37% | 15.54% | 14.39% | 42.37% | 16.76% | 15.05% | 15.73% | 10.22% | 14.46% | - |
| Selling, General & Admin | 63.04M | 71.24M | 71.29M | 64.62M | 78.84M | 82.18M | 78.84M | 91.68M | 94.89M | 26.41B |
| SG&A % of Revenue | 13.27% | 13.59% | 12.47% | 13.46% | 14.56% | 13.34% | 13.88% | 16.13% | 14.46% | - |
| Research & Development | 2.93M | 3.19M | 0 | 0 | 0 | 0 | 10.08M | 8.4M | 0 | 0 |
| R&D % of Revenue | 0.62% | 0.61% | - | - | - | - | 1.77% | 1.48% | - | - |
| Other Operating Expenses | -115K | -758K | 10.96M | 138.8M | 11.89M | 10.52M | 439K | -41.95M | 0 | 1000K |
| Operating Income | 70.09M▲ 0% | 73.46M▲ 4.8% | 86.57M▲ 17.9% | -75.14M▼ 186.8% | 51.13M▲ 168.1% | 58.75M▲ 14.9% | 44.91M▼ 23.6% | 88.71M▲ 97.5% | 73.61M▼ 17.0% | 80.32M▲ 0% |
| Operating Margin % | 14.76% | 14.02% | 15.14% | -15.65% | 9.44% | 9.54% | 7.9% | 15.6% | 11.22% | 11.83% |
| Operating Income Growth % | 1.41% | 4.81% | 17.85% | -186.79% | 168.05% | 14.9% | -23.56% | 97.53% | -17.02% | - |
| EBITDA | 88.67M | 92.55M | 105.78M | -55.4M | 71.45M | 79.69M | 66.57M | 106.6M | 88.97M | 95.71M |
| EBITDA Margin % | 18.67% | 17.66% | 18.5% | -11.54% | 13.2% | 12.94% | 11.72% | 18.75% | 13.56% | 14.1% |
| EBITDA Growth % | 3.28% | 4.36% | 14.31% | -152.37% | 228.97% | 11.53% | -16.46% | 60.13% | -16.54% | -16.56% |
| D&A (Non-Cash Add-back) | 18.58M | 19.09M | 19.21M | 19.74M | 20.32M | 20.94M | 21.66M | 17.89M | 15.36M | 15.39M |
| EBIT | 71.25M | 72.7M | 79.4M | -78.59M | 46.43M | 58.61M | 44.91M | 89.15M | 73.62M | 80.66M |
| Net Interest Income | -18.34M | -16.94M | -16.78M | -20.24M | -11.84M | -11.25M | -15.68M | -15.26M | -12.11M | -11.79M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 18.34M | 16.94M | 16.78M | 20.24M | 11.84M | 11.25M | 15.68M | 15.26M | 12.11M | 11.79M |
| Other Income/Expense | -17.89M | -17.7M | -23.96M | -23.69M | -16.55M | -11.39M | -15.68M | -14.82M | -12.1M | -11.41M |
| Pretax Income | 52.91M▲ 0% | 55.76M▲ 5.4% | 62.62M▲ 12.3% | -98.83M▼ 257.8% | 34.59M▲ 135.0% | 47.36M▲ 36.9% | 29.23M▼ 38.3% | 73.89M▲ 152.8% | 61.51M▼ 16.8% | 68.91M▲ 0% |
| Pretax Margin % | 11.14% | 10.64% | 10.95% | -20.58% | 6.39% | 7.69% | 5.15% | 13% | 9.38% | 10.15% |
| Income Tax | -2.41M | 11.85M | 13.45M | -12.28M | 3.9M | 8.75M | 5.51M | 17.74M | 14.61M | 15.79M |
| Effective Tax Rate % | -4.55% | 21.26% | 21.48% | 12.42% | 11.27% | 18.48% | 18.85% | 24.01% | 23.75% | 22.91% |
| Net Income | 55.32M▲ 0% | 43.91M▼ 20.6% | 49.17M▲ 12.0% | -86.55M▼ 276.0% | 30.69M▲ 135.5% | 38.61M▲ 25.8% | 23.72M▼ 38.6% | 56.15M▲ 136.7% | 46.9M▼ 16.5% | 6.42B▲ 0% |
| Net Margin % | 11.65% | 8.38% | 8.6% | -18.03% | 5.67% | 6.27% | 4.18% | 9.88% | 7.15% | 946.22% |
| Net Income Growth % | 41.82% | -20.64% | 11.98% | -276.04% | 135.46% | 25.8% | -38.56% | 136.69% | -16.48% | 9834.49% |
| Net Income (Continuing) | 55.32M | 43.91M | 49.17M | -86.55M | 30.69M | 38.61M | 23.72M | 56.15M | 46.9M | 53.13M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.40▲ 0% | 1.93▼ 19.6% | 2.11▲ 9.3% | -3.81▼ 280.6% | 1.29▲ 133.9% | 1.63▲ 26.4% | 1.01▼ 38.0% | 2.36▲ 133.7% | 1.97▼ 16.5% | 272.29▲ 0% |
| EPS Growth % | 41.18% | -19.58% | 9.33% | -280.57% | 133.86% | 26.36% | -38.04% | 133.66% | -16.53% | -18.26% |
| EPS (Basic) | 2.42 | 1.94 | 2.13 | -3.81 | 1.31 | 1.65 | 1.01 | 2.39 | 2.03 | - |
| Diluted Shares Outstanding | 22.59M | 22.7M | 22.81M | 22.85M | 22.96M | 22.92M | 22.96M | 23.51M | 23.58M | 23.59M |
| Basic Shares Outstanding | 22.58M | 22.68M | 22.78M | 22.85M | 22.95M | 22.92M | 22.96M | 23.07M | 23.06M | 23.1M |
| Dividend Payout Ratio | 39.72% | 55.54% | 51.22% | - | 86.42% | 70% | 115.67% | 48.93% | 59.57% | - |
PLOW Balance Sheet
Douglas Dynamics, Inc. (PLOW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 198.11M | 199.09M | 211.53M | 217.19M | 220.43M | 252.92M | 262.24M | 238.22M | 266.03M | 267.74B |
| Cash & Short-Term Investments | 36.88M | 27.82M | 35.66M | 41.03M | 36.96M | 20.67M | 24.16M | 5.12M | 8.3M | 5.19B |
| Cash Only | 36.88M | 27.82M | 35.66M | 41.03M | 36.96M | 20.67M | 24.16M | 5.12M | 8.3M | 5.19B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 79.12M | 81.48M | 87.87M | 83.19M | 72.26M | 86.77M | 88.58M | 87.41M | 97.56M | 67.7M |
| Days Sales Outstanding | 60.81 | 56.75 | 56.1 | 63.24 | 48.71 | 51.41 | 56.9 | 56.12 | 54.28 | 64.51 |
| Inventory | 79.23M | 86.2M | 84.48M | 87.63M | 106.67M | 137.71M | 142.61M | 139.65M | 152.84M | 185.78B |
| Days Inventory Outstanding | 87.15 | 85.22 | 76.54 | 90.9 | 97.44 | 108.19 | 119.96 | 120.88 | 114.42 | 34.16K |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 7.77M | 6.9M | 6.05M | 920K | 76.71B |
| Total Non-Current Assets | 487.06M | 477.1M | 494.17M | 362.01M | 352.05M | 343.97M | 331.18M | 351.76M | 360.67M | 362.55B |
| Property, Plant & Equipment | 53.96M | 55.2M | 81M | 85.76M | 85.25M | 86.09M | 85.35M | 112.11M | 113.74M | 117B |
| Fixed Asset Turnover | 8.80x | 9.49x | 7.06x | 5.60x | 6.35x | 7.16x | 6.66x | 5.07x | 5.77x | 0.02x |
| Goodwill | 241.01M | 241.01M | 241.01M | 113.13M | 113.13M | 113.13M | 113.13M | 113.13M | 116.78M | 116.78B |
| Intangible Assets | 186.15M | 174.68M | 163.72M | 152.79M | 142.11M | 131.59M | 121.07M | 113.55M | 116.27M | 114.75B |
| Long-Term Investments | -39.27M | -48.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.95M | 6.22M | 8.44M | 10.33M | 11.55M | 13.15M | 11.63M | 12.96M | 13.88M | 14.06B |
| Total Assets | 685.18M▲ 0% | 676.19M▼ 1.3% | 705.7M▲ 4.4% | 579.2M▼ 17.9% | 572.48M▼ 1.2% | 596.89M▲ 4.3% | 593.42M▼ 0.6% | 589.98M▼ 0.6% | 626.7M▲ 6.2% | 630.29B▲ 0% |
| Asset Turnover | 0.69x | 0.78x | 0.81x | 0.83x | 0.95x | 1.03x | 0.96x | 0.96x | 1.05x | 0.00x |
| Asset Growth % | 1.98% | -1.31% | 4.36% | -17.92% | -1.16% | 4.26% | -0.58% | -0.58% | 6.22% | 101409.07% |
| Total Current Liabilities | 80.78M | 79.07M | 78.1M | 66.21M | 81.92M | 100.43M | 118.52M | 70.19M | 95.85M | 100.91B |
| Accounts Payable | 16.32M | 18.7M | 16.11M | 16.28M | 27.38M | 49.25M | 31.37M | 32.32M | 38.69M | 35.77M |
| Days Payables Outstanding | 17.95 | 18.49 | 14.6 | 16.89 | 25.01 | 38.69 | 26.39 | 27.98 | 28.96 | 28.26 |
| Short-Term Debt | 40.46M | 36.95M | 28.68M | 9.55M | 13.79M | 12.35M | 55.98M | 2.61M | 12.43M | 34.65B |
| Deferred Revenue (Current) | 16.29M | 19.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.38M | 8.42M | 12.17M | 17.2M | 19.18M | 15.12M | 15.98M | 12.93M | 37.58M | 66.23B |
| Current Ratio | 2.45x | 2.52x | 2.71x | 3.28x | 2.69x | 2.52x | 2.21x | 3.39x | 2.78x | 2.78x |
| Quick Ratio | 1.47x | 1.43x | 1.63x | 1.96x | 1.39x | 1.15x | 1.01x | 1.40x | 1.18x | 1.18x |
| Cash Conversion Cycle | 130.01 | 123.49 | 118.04 | 137.25 | 121.15 | 120.9 | 150.47 | 149.02 | 139.74 | 34.2K |
| Total Non-Current Liabilities | 347.71M | 314.37M | 314.43M | 312.79M | 275.95M | 259.36M | 243.34M | 255.58M | 249.41M | 249.94B |
| Long-Term Debt | 274.87M | 242.95M | 222.08M | 236.68M | 206.06M | 195.3M | 181.49M | 146.68M | 135.16M | 62.44B |
| Capital Lease Obligations | 0 | 0 | 18.98M | 17.43M | 15.41M | 14.03M | 13.89M | 64.78M | 60.13M | 242.99M |
| Deferred Tax Liabilities | 39.27M | 48.2M | 47.21M | 26.68M | 29.79M | 29.84M | 27.9M | 24.57M | 33.1M | 33.6B |
| Other Non-Current Liabilities | 33.57M | 23.23M | 26.16M | 32M | 24.7M | 20.2M | 20.05M | 19.54M | 21.01M | 154.05B |
| Total Liabilities | 428.5M | 393.44M | 392.53M | 379M | 357.87M | 359.79M | 361.85M | 325.77M | 345.25M | 350.86B |
| Total Debt | 315.33M | 279.9M | 273.57M | 267.99M | 239.88M | 226.53M | 256.7M | 221.47M | 214.88M | 214.88M |
| Net Debt | 278.46M | 252.08M | 237.9M | 226.96M | 202.92M | 205.86M | 232.55M | 216.35M | 206.58M | -4.97B |
| Debt / Equity | 1.23x | 0.99x | 0.87x | 1.34x | 1.12x | 0.96x | 1.11x | 0.84x | 0.76x | 0.76x |
| Debt / EBITDA | 3.56x | 3.02x | 2.59x | - | 3.36x | 2.84x | 3.86x | 2.08x | 2.42x | 2.25x |
| Net Debt / EBITDA | 3.14x | 2.72x | 2.25x | - | 2.84x | 2.58x | 3.49x | 2.03x | 2.32x | 2.32x |
| Interest Coverage | 3.89x | 4.29x | 4.73x | -3.88x | 3.92x | 5.21x | 2.87x | 5.84x | 6.08x | 6.84x |
| Total Equity | 256.68M▲ 0% | 282.76M▲ 10.2% | 313.16M▲ 10.8% | 200.2M▼ 36.1% | 214.61M▲ 7.2% | 237.1M▲ 10.5% | 231.56M▼ 2.3% | 264.21M▲ 14.1% | 281.45M▲ 6.5% | 279.43B▲ 0% |
| Equity Growth % | 16.43% | 10.16% | 10.75% | -36.07% | 7.2% | 10.48% | -2.34% | 14.1% | 6.52% | 107865.08% |
| Book Value per Share | 11.36 | 12.45 | 13.73 | 8.76 | 9.35 | 10.35 | 10.08 | 11.24 | 11.94 | 11846.45 |
| Total Shareholders' Equity | 256.68M | 282.76M | 313.16M | 200.2M | 214.61M | 237.1M | 231.56M | 264.21M | 281.45M | 279.43B |
| Common Stock | 226K | 227K | 228K | 229K | 230K | 229K | 230K | 231K | 0 | 231K |
| Retained Earnings | 115.74M | 136.76M | 160.75M | 47.71M | 51.88M | 63.46M | 59.75M | 88.42M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6.57M | -6.05M | -2.81M | -5.5M | -1.05M | 9.13M | 6.36M | 5.47M | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PLOW Cash Flow Statement
Douglas Dynamics, Inc. (PLOW) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 67.17M | 58.18M | 77.3M | 53.37M | 60.53M | 40.03M | 12.47M | 41.13M | 74.4M | 74.69M |
| Operating CF Margin % | 14.14% | 11.1% | 13.52% | 11.11% | 11.18% | 6.5% | 2.19% | 7.23% | 11.34% | - |
| Operating CF Growth % | -3.93% | -13.38% | 32.85% | -30.96% | 13.43% | -33.87% | -68.85% | 229.87% | 80.88% | -74731.25% |
| Net Income | 55.32M | 43.91M | 49.17M | -86.55M | 30.69M | 38.61M | 23.72M | 56.15M | 46.9M | 6.42B |
| Depreciation & Amortization | 18.58M | 19.09M | 19.21M | 19.74M | 20.32M | 20.94M | 21.66M | 17.89M | 15.36M | 3.87B |
| Stock-Based Compensation | 3.5M | 4.55M | 3.24M | 2.83M | 5.79M | 6.73M | 953K | 4.86M | 6.72M | 2.54B |
| Deferred Taxes | -15.24M | 9.55M | -2.12M | -19.6M | 1.62M | -3.27M | 7.56M | -3.04M | 9.27M | 446.24M |
| Other Non-Cash Items | 903K | 1.03M | 2.16M | 131.42M | 7.46M | -532K | 5.26M | -33.29M | 9.59M | -14.17B |
| Working Capital Changes | 4.1M | -19.94M | 5.64M | 5.53M | -5.35M | -22.45M | -46.69M | -1.44M | -13.15M | -19.69M |
| Change in Receivables | -1.15M | -511K | -7.75M | 3.04M | 12.09M | -14.25M | 2.68M | -4.35M | -6.1M | 5.58M |
| Change in Inventory | 894K | -12.35M | 4.05M | -1.8M | -24.28M | -32.48M | -3.89M | 3.36M | -672K | -2.35M |
| Change in Payables | -1.67M | 3.04M | -2.56M | -21K | 10.42M | 21.52M | -17.12M | 991K | 3.39M | -10.78M |
| Cash from Investing | -15.77M | -9.69M | -11.53M | -14.49M | -11.21M | -12.05M | -10.52M | 56.79M | -37.46M | -4.12B |
| Capital Expenditures | -8.38M | -9.69M | -11.53M | -14.49M | -11.21M | -12.05M | -10.52M | -7.81M | -11.13M | -3.17B |
| CapEx % of Revenue | 1.76% | 1.85% | 2.02% | 3.02% | 2.07% | 1.96% | 1.85% | 1.37% | 1.7% | - |
| Acquisitions | -7.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26.33M | -953.33M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -9.69M | 0 | 0 | 0 | 0 | 0 | 64.6M | 0 | 0 |
| Cash from Financing | -33.14M | -57.55M | -57.92M | -33.51M | -53.39M | -44.28M | 1.54M | -116.96M | -33.76M | 1.93B |
| Debt Issued (Net) | -3.15M | -33.14M | -32.69M | -7.51M | -25.5M | -11.25M | 29.31M | -89.2M | 338K | 552K |
| Equity Issued (Net) | -923K | -23K | -50K | -72K | 0 | -6M | 0 | 0 | -6M | -3M |
| Dividends Paid | -21.97M | -24.38M | -25.18M | -25.93M | -26.52M | -27.03M | -27.44M | -27.48M | -27.94M | -28.05M |
| Share Repurchases | -923K | -23K | -50K | -72K | 0 | -6M | 0 | 0 | -6M | -3M |
| Other Financing | -7.09M | 0 | 0 | 0 | -1.37M | 0 | -334K | -279K | -161K | 1.97B |
| Net Change in Cash | 18.27M▲ 0% | -9.05M▼ 149.6% | 7.84M▲ 186.6% | 5.37M▼ 31.6% | -4.07M▼ 175.8% | -16.29M▼ 300.7% | 3.49M▲ 121.4% | -19.04M▼ 646.1% | 3.18M▲ 116.7% | -3.11B▲ 0% |
| Free Cash Flow | 58.79M▲ 0% | 48.49M▼ 17.5% | 65.76M▲ 35.6% | 38.88M▼ 40.9% | 49.33M▲ 26.9% | 27.98M▼ 43.3% | 1.95M▼ 93.0% | 33.32M▲ 1610.5% | 63.56M▲ 90.7% | -4.09B▲ 0% |
| FCF Margin % | 12.38% | 9.25% | 11.5% | 8.1% | 9.11% | 4.54% | 0.34% | 5.86% | 9.69% | -602.29% |
| FCF Growth % | -2.16% | -17.52% | 35.62% | -40.88% | 26.88% | -43.27% | -93.04% | 1610.52% | 90.74% | -7846.98% |
| FCF per Share | 2.60 | 2.14 | 2.88 | 1.70 | 2.15 | 1.22 | 0.08 | 1.42 | 2.70 | 2.70 |
| FCF Conversion (FCF/Net Income) | 1.21x | 1.33x | 1.57x | -0.62x | 1.97x | 1.04x | 0.53x | 0.73x | 1.59x | -0.64x |
| Interest Paid | 17.22M | 15.88M | 15.78M | 16.84M | 12.31M | 11.66M | 18.18M | 18.94M | 0 | 0 |
| Taxes Paid | 6.61M | 8.46M | 13.28M | 4.28M | 9.77M | 7.03M | 14.51M | 13.6M | 0 | 0 |
PLOW Key Ratios
Douglas Dynamics, Inc. (PLOW) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 23.19% | 16.28% | 16.5% | -33.72% | 14.8% | 17.09% | 10.12% | 22.65% | 17.19% | 9.17% |
| Return on Invested Capital (ROIC) | 10.01% | 10.3% | 11.96% | -11.52% | 9.08% | 10.24% | 7.43% | 14.09% | 11.4% | 11.4% |
| Gross Margin | 30.13% | 29.56% | 29.53% | 26.72% | 26.2% | 24.58% | 23.63% | 25.83% | 25.68% | 26.7% |
| Net Margin | 11.65% | 8.38% | 8.6% | -18.03% | 5.67% | 6.27% | 4.18% | 9.88% | 7.15% | 946.22% |
| Debt / Equity | 1.23x | 0.99x | 0.87x | 1.34x | 1.12x | 0.96x | 1.11x | 0.84x | 0.76x | 0.76x |
| Interest Coverage | 3.89x | 4.29x | 4.73x | -3.88x | 3.92x | 5.21x | 2.87x | 5.84x | 6.08x | 6.84x |
| FCF Conversion | 1.21x | 1.33x | 1.57x | -0.62x | 1.97x | 1.04x | 0.53x | 0.73x | 1.59x | -0.64x |
| Revenue Growth | 14.09% | 10.35% | 9.09% | -16.01% | 12.77% | 13.78% | -7.77% | 0.06% | 15.4% | 15.46% |
PLOW SEC Filings & Documents
Douglas Dynamics, Inc. (PLOW) SEC filings — annual & quarterly reports (10-K, 10-Q)
PLOW Frequently Asked Questions
Douglas Dynamics, Inc. (PLOW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Douglas Dynamics, Inc. (PLOW) reported $678.8M in revenue for fiscal year 2025. This represents a 385% increase from $140.1M in 2007.
Douglas Dynamics, Inc. (PLOW) grew revenue by 15.4% over the past year. This is strong growth.
Yes, Douglas Dynamics, Inc. (PLOW) is profitable, generating $6.42B in net income for fiscal year 2025 (7.1% net margin).
Dividend & Returns
Yes, Douglas Dynamics, Inc. (PLOW) pays a dividend with a yield of 2.61%. This makes it attractive for income-focused investors.
Douglas Dynamics, Inc. (PLOW) has a return on equity (ROE) of 17.2%. This is reasonable for most industries.
Douglas Dynamics, Inc. (PLOW) had negative free cash flow of $4.09B in fiscal year 2025, likely due to heavy capital investments.
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