Douglas Dynamics, Inc.: stock overview

PLOWNYSEIndustrials · Construction Machinery & Equip

Price

$37.44

November 13, 2026Market cap $864M

DCF calculator

What Ploutos Investor adds for Douglas Dynamics

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 17 fiscal years, from 2009
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

In short

Douglas Dynamics had revenue of $755M over the last 12 months and net income of $66M, a net margin of 8.7%. Revenue grew by 6.4% a year on average over the last 5 years. At $37.44 the shares trade at a P/E of 13.4, against a median of 22.2 over the last 5 fiscal years. It has net debt of $235M. It pays a dividend yielding 3.15%.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$864M
23.08M shares
P/E
13.4
Today13.4
Median22.2
Revenue, 12 months
$755M
+6.4% a year over 5 years
Net margin
8.7%
2025: 7.1%, above 54% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+7.5% a year over 2 years

  • 202510-K
    Revenue$656M
  • 202410-K
    Revenue$569M
  • 202310-K
    Revenue$568M

Fiscal years in figures

PLOW's revenue, profit, cash flow and dividend with each year-end price, from 2009 to 2022, 14 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $682M
$864M
Enterprise value 
$1.1B
P/E 3-year median: 16.7
13.4
EV / EBIT 
11.5
EV / Revenue 
1.5
P/B 3-year median: 2.7
2.7
FCF yield 3-year median: 6.1%
4.0%
Earnings yield 3-year median: 6.0%
7.4%

Profitability

Gross margin 
28.2%
Operating margin 
12.7%
Net margin 3-year median: 7.1%
8.7%
ROIC 
14.1%
ROIC, 5-year average 
13.4%
ROE 
22.6%

Growth

Revenue, yearly change 
+15.4%
EPS, yearly change 
-17.0%
FCF, yearly change 
+91.4%
Revenue, average a year 
+6.4%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$5.5M
Total debt 
$334M
Of which operating leases 
$94M
Net debt 
$235M
Net debt / EBITDA 
2.1x
Interest cover 
–
Current ratio 
1.97

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 3-year median: 4.0%
3.15%
Buybacks 
0.69%
Total returned 
3.84%
Shares, yearly change 
0.0%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 35).

Gross margin

26.6%

Above 26% of the 115 companies in its industry, and 32% of all.

Operating margin

11.2%

Above 55% of the 138 companies in its industry, and 67% of all.

Net margin

7.1%

Above 54% of the 147 companies in its industry, and 58% of all.

ROE

16.7%

Above 73% of the 136 companies in its industry, and 79% of all.

ROA

7.5%

Above 72% of the 146 companies in its industry, and 81% of all.

Revenue growth

15.4%

Above 79% of the 144 companies in its industry, and 74% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
DOUGLAS DYNAMICS, INC
CIK
1287213
Exchange
NYSE
Industry (SIC)
3531 · Construction Machinery & Equip
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
23.08M

Other companies: Industrials

The largest companies of the same sector, each with its own page.

The Industrials sectorAll companies

The full analysis

What do Douglas Dynamics's filings show?

These are Douglas Dynamics's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about PLOW

Didn't find what you were looking for?

Ask us
What is PLOW's market cap?

Douglas Dynamics, Inc.'s market cap is $864M, at a price of $37.44 on November 13, 2026 and 23.08M shares.

What is PLOW's P/E?

PLOW's P/E is 13.4, on earnings per share of $2.76 over the last 12 months. The median over the last 5 fiscal years was 22.2.

How much revenue does PLOW have?

Douglas Dynamics had revenue of $755M over the last 12 months. Over the last 5 years it changed by +6.4% a year on average.

Does PLOW pay a dividend?

Yes. Douglas Dynamics paid $1.18 per share over the last 12 months, a yield of 3.15% at today's price. All the figures are in the Dividend section.

Where do the figures come from?

From Douglas Dynamics, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.