Douglas Dynamics, Inc. (PLOW)

Douglas Dynamics Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	568.5	568.18	616.07	541.45	480.15
Revenue Growth (YoY)	0.06%	-7.77%	13.78%	12.77%	-16.01%
Cost of Revenue	421.67	433.91	464.61	399.58	350.48
Gross Profit	146.84	134.27	151.46	141.87	129.67
Selling, General & Admin	91.68	78.84	82.18	78.84	66.63
Operating Expenses	99.2	89.36	92.7	89.53	77.57
Operating Income	47.64	44.91	58.75	52.35	52.11
Interest Expense	-15.26	-15.68	-11.25	-11.84	-20.24
Other Non Operating Income (Expenses)	0.44	-	-0.14	0.23	0.09
EBT Excluding Unusual Items	32.82	29.23	47.36	40.74	31.96
Impairment of Goodwill	-	-	-	-	-127.87
Gain (Loss) on Sale of Assets	42.3	-	-	-	-
Asset Writedown	-1.22	-	-	-1.21	-
Other Unusual Items	-	-	-	-4.94	-2.92
Pretax Income	73.89	29.23	47.36	34.59	-98.83
Income Tax Expense	17.74	5.51	8.75	3.9	-12.28
Net Income	56.15	23.72	38.61	30.69	-86.55
Preferred Dividends & Other Adjustments	1.08	0.53	0.74	0.5	-
Net Income to Common	55.07	23.2	37.87	30.19	-86.55
Net Income Growth	136.69%	-38.56%	25.80%	-	-
Shares Outstanding (Basic)	23	23	23	23	23
Shares Outstanding (Diluted)	24	23	23	23	23
Shares Change (YoY)	2.38%	0.21%	-0.21%	0.52%	0.14%
EPS (Basic)	2.39	1.01	1.65	1.32	-3.79
EPS (Diluted)	2.36	0.98	1.63	1.29	-3.81
EPS Growth	141.30%	-39.88%	26.36%	-	-
Free Cash Flow	33.32	1.95	27.98	49.33	38.88
Free Cash Flow Per Share	1.42	0.09	1.22	2.15	1.70
Dividend Per Share	1.180	1.180	1.160	1.140	1.120
Dividend Growth	-	1.72%	1.75%	1.79%	2.75%
Gross Margin	25.83%	23.63%	24.58%	26.20%	27.01%
Operating Margin	8.38%	7.90%	9.54%	9.67%	10.85%
Profit Margin	9.69%	4.08%	6.15%	5.58%	-18.03%
Free Cash Flow Margin	5.86%	0.34%	4.54%	9.11%	8.10%
EBITDA	65.53	66.57	79.69	72.66	71.84
EBITDA Margin	11.53%	11.72%	12.93%	13.42%	14.96%
D&A For EBITDA	17.89	21.66	20.94	20.32	19.74
EBIT	47.64	44.91	58.75	52.35	52.11
EBIT Margin	8.38%	7.90%	9.54%	9.67%	10.85%
Effective Tax Rate	24.01%	18.85%	18.48%	11.27%	-

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q