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PLOWDouglas Dynamics, Inc.
$36.34$840M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
PLOW logo

Douglas Dynamics, Inc.

PLOW
NYSE · Heavy Machinery & Trucks
$36.34
At close - Nov 6, 4:00 PM EST - USD
Market Cap$840M
P/E13.0x
52W High$55.00
Volume264.71K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Seasonal Revenue Rebound Masks Persistent Cash Conversion Strain

Douglas Dynamics' revenue reaccelerated to $218.0M in 2026Q3, up 34.5% year over year, suggesting renewed demand momentum after a softer 2025, though part of this jump may reflect pre-season shipment timing rather than end-user demand.

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

PLOW price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-39% Peers

P/E is 39% below peer median

03

Market leadership

RS 33 · Lag

Laggard (Underperforming 67% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 2

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
PLOW+12.84%
S&P 500 (^GSPC)+7.63%
1-Year Return
PLOW+20.41%
S&P 500 (^GSPC)+9.69%
3-Year Return
PLOW+48.81%
S&P 500 (^GSPC)+66.79%
5-Year Return
PLOW-4.16%
S&P 500 (^GSPC)+55.17%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
13.0x
Forward P/EExpansion
11.5x
EV/EBITDA0th %ile
9.4x
FCF YieldCash Flow
4.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
13.0x
22.2x
20th· Low
EV/EBITDA
9.4x
13.0x
0th· Low
Price/FCF
24.6x
18.2x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$26.74-26.4%
Base (Fair)$50.37+13.5%
Bull$75.17+106.9%
$26.74 Bear$50.37 Base$75.17 Bull
Current Market Price: $36.34
Trades at a 27.9% discount to Base DCF ($50.37)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$656M+15.4% YoY
Net income FY25
$47M-16.5% YoY
Free cash flow FY25
$64M+90.7% YoY
Operating margin FY25
11.2%+2.8 pts YoY
ROIC (FY25)11.4%
Avg ROIC 5Y9.1%
ROE (TTM)22.4%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 2, 2026
$0.98+6.2%
vs $0.92
$218M-0.3%
vs $219M
Q3 2026
Aug 3, 2026
$1.22+13.0%
vs $1.08
$215M-2.2%
vs $219M
Q2 2026
May 4, 2026
$0.36+200.0%
vs $0.12
$138M+3.4%
vs $133M
Q1 2026
Feb 23, 2026
$0.62+10.7%
vs $0.56
$185M+8.6%
vs $170M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 20, 2026
Douglas Dynamics Announces Third Quarter 2026 Earnings Release and Conference Call

MILWAUKEE, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the third quarter 2026 after market close on Monday, November 2, 2026.

Zacks Investment Research·Oct 1, 2026
PLOW or KNRRY: Which Is the Better Value Stock Right Now?

Investors with an interest in Automotive - Replacement Parts stocks have likely encountered both Douglas Dynamics (PLOW) and Knorr-Bremse - Unsponsored ADR (KNRRY). But which of these two stocks offers value investors a better bang for their buck right now?

Defense World·Sep 25, 2026
Corient Private Wealth LP Buys 16,813 Shares of Douglas Dynamics, Inc. $PLOW

Corient Private Wealth LP boosted its position in Douglas Dynamics, Inc. (NYSE: PLOW) by 114.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,447 shares of the auto parts company's stock after purchasing an additional 16,813 shares during the period. Corient

Defense World·Sep 21, 2026
Reviewing Douglas Dynamics (NYSE:PLOW) and Japan Steel Works (OTCMKTS:JPSWY)

Douglas Dynamics (NYSE: PLOW - Get Free Report) and Japan Steel Works (OTCMKTS:JPSWY - Get Free Report) are both industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, valuation, risk and profitability. Dividends Douglas Dynamics pays an annual dividend

Filtered for Douglas Dynamics, Inc.More Headlines
04

Compare before deciding

Benchmark PLOW against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Douglas Dynamics, Inc. (PLOW)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PLOW logoPLOWDouglas Dynamics, Inc.Current
$36.34$840.37M13.0115.4%8.71%22.41%3.26%
ALGT logoALGTAllegiant Travel Company
$91.97$1.78B45.643.74%1.65%3.82%—
ASTE logoASTEAstec Industries, Inc.
$35.71$821.07M70.958.07%0.74%1.7%1.44%
HLIO logoHLIOHelios Technologies, Inc.
$47.44$1.57B19.894.11%8.74%8.38%0.76%
MYRG logoMYRGMYR Group Inc.
$262.91$4.09B21.398.79%4.48%26.32%—
MTW logoMTWThe Manitowoc Company, Inc.
$22.41$804.73M31.562.89%1.1%3.75%—

Compare PLOW vs Peers

Douglas Dynamics, Inc. (PLOW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ALGT

Most directly comparable listed peer for PLOW.

Scale Benchmark

vs CMI

Larger-name benchmark to compare PLOW against a more recognizable public peer.

Peer Set

Compare Top 5

vs ALGT, ASTE, HLIO, MYRG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

PLOW SEC Filings & Documents

Douglas Dynamics, Inc. (PLOW) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Aug 3, 2026·SEC

Material company update

May 5, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 3, 2026·SEC

FY 2026

May 5, 2026·SEC

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PLOW Frequently Asked Questions

Douglas Dynamics, Inc. (PLOW) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Douglas Dynamics, Inc.'s revenue?

Douglas Dynamics, Inc. (PLOW) reported $755.0M in revenue over the trailing twelve months. Revenue was $656.1M in fiscal year 2025. That is 368% more than the $140.1M of fiscal year 2007.

How fast is Douglas Dynamics, Inc. growing?

Douglas Dynamics, Inc. (PLOW) grew revenue by 22.8% over the trailing twelve months, compared with the twelve months before.

Is PLOW profitable?

Yes. Douglas Dynamics, Inc. (PLOW) earned $65.7M in net income over the trailing twelve months (a 8.7% net margin).

Dividend & Returns
Does PLOW pay dividends?

Yes. Douglas Dynamics, Inc. (PLOW) pays a dividend that yields 3.26% at the current price, a moderate yield.

What is PLOW's return on equity?

Douglas Dynamics, Inc. (PLOW) had a return on equity (ROE) of 22.4% over the trailing twelve months. That is well above the market's typical 10-15%.

What is Douglas Dynamics, Inc.'s free cash flow?

Douglas Dynamics, Inc. (PLOW) generated $34.1M in free cash flow over the trailing twelve months.

What if you invested $1,000 in PLOW back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

See returns →