Douglas Dynamics, Inc. (PLOW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
PLOW Revenue Growth
Revenue Breakdown (FY 2021)
PLOW's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
PLOW Revenue Analysis (2014–2025)
As of May 8, 2026, Douglas Dynamics, Inc. (PLOW) generated trailing twelve-month (TTM) revenue of $678.8 million, reflecting strong growth of +19.8% year-over-year. The most recent quarter (Q1 2026) recorded $137.8 million in revenue, down 25.3% sequentially.
Looking at the longer-term picture, PLOW's 5-year compound annual growth rate (CAGR) stands at +6.4%, indicating steady revenue expansion. The company achieved its highest annual revenue of $656.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows PLOW's business is primarily driven by Work Truck Attachments (97%), and Work Truck Solutions (3%). With over half of revenue concentrated in Work Truck Attachments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including ALGT (+3.7% YoY), ASTE (+11.5% YoY), and HLIO (+4.1% YoY), PLOW has outperformed the peer group in terms of revenue growth. Compare PLOW vs ALGT →
PLOW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PLOWCurrent | $679M | +19.8% | +6.4% | 11.2% | |
 ALGT | $2.6B | +3.7% | +21.4% | 6.7% | |
 ASTE | $1.4B | +11.5% | +6.6% | 4.6% | |
 HLIO | $839M | +4.1% | +9.9% | 7.9% | |
 MYRG | $3.7B | +13.1% | +10.2% | 4.4% | |
 MTW | $2.2B | +5.1% | +9.2% | 2.6% |
PLOW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $656.1M | +15.4% | $168.5M | 25.7% | $73.6M | 11.2% |
| 2024 | $568.5M | +0.1% | $146.8M | 25.8% | $88.7M | 15.6% |
| 2023 | $568.2M | -7.8% | $134.3M | 23.6% | $44.9M | 7.9% |
| 2022 | $616.1M | +13.8% | $151.5M | 24.6% | $58.8M | 9.5% |
| 2021 | $541.5M | +12.8% | $141.9M | 26.2% | $51.1M | 9.4% |
| 2020 | $480.2M | -16.0% | $128.3M | 26.7% | $-75,140,000 | -15.6% |
| 2019 | $571.7M | +9.1% | $168.8M | 29.5% | $86.6M | 15.1% |
| 2018 | $524.1M | +10.3% | $154.9M | 29.6% | $73.5M | 14.0% |
| 2017 | $474.9M | +14.1% | $143.1M | 30.1% | $70.1M | 14.8% |
| 2016 | $416.3M | +4.0% | $134.0M | 32.2% | $69.1M | 16.6% |
See PLOW's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs PLOW Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare PLOW vs AMZN
Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..
Start ComparisonPLOW — Frequently Asked Questions
Quick answers to the most common questions about buying PLOW stock.
Is PLOW's revenue growth accelerating or slowing?
PLOW revenue is accelerating at +19.8% year-over-year, exceeding the 5-year CAGR of +6.4%. TTM revenue reached $679M. Growth momentum has increased versus prior periods.
What is PLOW's long-term revenue growth rate?
Douglas Dynamics, Inc.'s 5-year revenue CAGR of +6.4% reflects the sustained expansion pattern. Current YoY growth of +19.8% is above this long-term average.
How is PLOW's revenue distributed by segment?
PLOW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.