Douglas Dynamics, Inc. (PLOW)

Douglas Dynamics Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	568.18	616.07	541.45	480.15	571.71
Revenue Growth (YoY)	-7.77%	13.78%	12.77%	-16.01%	9.09%
Cost of Revenue	433.91	464.61	399.58	351.87	402.89
Gross Profit	134.27	151.46	141.87	128.28	168.82
Selling, General & Admin	78.84	82.18	78.84	64.62	71.29
Other Operating Expenses	10.52	10.52	11.89	138.8	10.96
Operating Expenses	89.36	92.7	90.74	203.42	82.24
Operating Income	44.91	58.75	51.14	-75.14	86.57
Interest Expense / Income	15.68	11.25	11.84	20.24	16.78
Other Expense / Income	-	0.14	4.71	3.45	7.17
Pretax Income	29.23	47.36	34.59	-98.83	62.62
Income Tax	5.51	8.75	3.9	-12.28	13.45
Net Income	23.72	38.61	30.69	-86.55	49.17
Net Income Growth	-38.56%	25.80%	-	-	11.98%
Shares Outstanding (Basic)	23	23	23	23	23
Shares Change	0.42%	-0.41%	0.54%	0.27%	0.42%
EPS (Basic)	1.01	1.65	1.31	-3.81	2.13
EPS (Diluted)	0.98	1.63	1.29	-3.81	2.11
EPS Growth	-39.88%	26.36%	-	-	11.64%
Free Cash Flow	1.95	27.98	49.33	38.88	65.76
Free Cash Flow Per Share	0.09	1.22	2.15	1.70	2.88
Dividend Per Share	1.180	1.160	1.140	1.120	1.090
Dividend Growth	1.72%	1.75%	1.79%	2.75%	2.83%
Gross Margin	23.63%	24.58%	26.20%	26.72%	29.53%
Operating Margin	7.90%	9.54%	9.44%	-15.65%	15.14%
Profit Margin	4.18%	6.27%	5.67%	-18.03%	8.60%
Free Cash Flow Margin	0.34%	4.54%	9.11%	8.10%	11.50%
Effective Tax Rate	18.85%	18.48%	11.27%	-	21.48%
EBITDA	71.67	80.58	68.51	-54.67	102.28
EBITDA Margin	12.61%	13.08%	12.65%	-11.39%	17.89%
Depreciation & Amortization	26.76	21.97	22.08	23.92	22.88
EBIT	44.91	58.61	46.43	-78.59	79.4
EBIT Margin	7.90%	9.51%	8.57%	-16.37%	13.89%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).