Douglas Dynamics, Inc. (PLOW)
NYSE: PLOW · Real-Time Price · USD
42.18
+1.07 (2.60%)
At close: Aug 21, 2026, 4:00 PM EDT
42.31
+0.13 (0.31%)
After-hours: Aug 21, 2026, 7:30 PM EDT

Douglas Dynamics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
699.1656.05568.5568.18616.07541.45
Revenue Growth
20.05%15.40%0.06%-7.77%13.78%12.77%
Gross Profit
190.89174.7146.84134.27151.46141.87
Operating Income
78.8573.6347.6444.9158.7552.35
Net Income
51.4645.8555.0723.237.8730.19
Earnings Per Share
2.201.962.360.981.631.29
EPS Growth
-20.65%-17.15%141.30%-39.88%26.36%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Work Truck Attachments
341.4295.73256.01291.72382.3325.71
Work Truck Solutions
357.71360.33312.49276.46233.77215.75
Total
699.1656.05568.5568.18616.07541.45

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
2.378.766.8327.3324.7936.96
Total Debt
290.51219.48222.02257.45229.45246.31
Net Cash (Debt)
-288.14-210.72-215.19-230.12-204.66-209.35
Net Cash Growth
------
Net Cash Per Share
-12.22-8.92-9.15-10.02-8.93-9.12

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
62.2274.6941.1312.4740.0360.54
Capital Expenditures
-13.31-11.13-7.81-10.52-12.05-11.21
Free Cash Flow
48.9163.5633.321.9527.9849.33
Free Cash Flow Growth
30.98%90.74%1610.52%-93.04%-43.27%26.88%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
27.30%26.63%25.83%23.63%24.58%26.20%
Operating Margin
11.28%11.22%8.38%7.90%9.54%9.67%
Pretax Margin
9.80%9.38%13.00%5.15%7.69%6.39%
Profit Margin
7.36%6.99%9.69%4.08%6.15%5.58%
FCF Margin
7.00%9.69%5.86%0.34%4.54%9.11%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.1801.1801.1801.1801.1601.140
Dividend Per Share Growth
0%0%0%1.72%1.75%1.79%
Dividend Yield
2.80%3.66%5.27%4.40%3.69%3.48%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.1416.419.9129.4121.8629.74
Forward PE
13.3513.8814.9615.9617.7520.42
P/FCF Ratio
19.9011.8416.38350.1929.5818.20
PS Ratio
1.391.150.961.201.341.66