PLOW
Douglas Dynamics Inc
NYSE: PLOW · CONSUMER CYCLICAL · AUTO PARTS
$46.13
+4.41% today
Updated 2026-04-30
Market cap
$1.04B
P/E ratio
23.06
P/S ratio
1.59x
EPS (TTM)
$1.96
Dividend yield
2.61%
52W range
$23 – $48
Volume
0.2M
Douglas Dynamics Inc (PLOW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140.06M | $180.11M | $174.34M | $176.79M | $208.80M | $140.03M | $194.32M | $303.51M | $400.41M | $416.27M | $474.93M | $524.07M | $571.71M | $480.15M | $541.45M | $616.07M | $568.18M | $568.50M | $656.05M |
| Revenue growth (YoY) | — | +28.6% | -3.2% | +1.4% | +18.1% | -32.9% | +38.8% | +56.2% | +31.9% | +4.0% | +14.1% | +10.3% | +9.1% | -16.0% | +12.8% | +13.8% | -7.8% | +0.1% | +15.4% |
| Cost of revenue | $97.25M | $117.91M | $117.26M | $116.49M | $136.98M | $96.07M | $128.67M | $187.19M | $267.55M | $282.29M | $331.84M | $369.18M | $402.89M | $351.87M | $399.58M | $464.61M | $433.91M | $421.67M | $487.55M |
| Gross profit | $42.82M | $62.20M | $57.08M | $60.30M | $71.82M | $43.96M | $65.65M | $116.33M | $132.86M | $133.97M | $143.09M | $154.89M | $168.82M | $128.28M | $141.87M | $151.46M | $134.27M | $146.84M | $168.50M |
| Gross margin | 30.6% | 34.5% | 32.7% | 34.1% | 34.4% | 31.4% | 33.8% | 38.3% | 33.2% | 32.2% | 30.1% | 29.6% | 29.5% | 26.7% | 26.2% | 24.6% | 23.6% | 25.8% | 25.7% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $2.95M | $3.13M | $2.93M | $3.19M | $5.69M | $6.68M | $10.15M | $12.16M | $10.08M | $8.40M | — |
| SG&A | — | $26.56M | $26.59M | $32.89M | $26.43M | $19.89M | $27.60M | $32.10M | $43.64M | $46.40M | $58.57M | $66.03M | $66.39M | $61.18M | $74.96M | $77.48M | $74.02M | $87.65M | $94.89M |
| Operating income | $20.64M | $35.64M | $29.44M | $21.41M | $40.18M | $18.87M | $27.51M | $72.22M | $77.35M | $69.12M | $70.09M | $73.46M | $86.57M | $-75.14M | $51.13M | $58.75M | $44.91M | $88.71M | $73.61M |
| Operating margin | 14.7% | 19.8% | 16.9% | 12.1% | 19.2% | 13.5% | 14.2% | 23.8% | 19.3% | 16.6% | 14.8% | 14.0% | 15.1% | -15.6% | 9.4% | 9.5% | 7.9% | 15.6% | 11.2% |
| EBITDA | $28.61M | $46.37M | $41.31M | $25.18M | $47.47M | $26.57M | $38.09M | $83.26M | $89.44M | $89.58M | $87.23M | $91.26M | $98.61M | $-58.85M | $66.74M | $79.55M | $66.57M | $107.04M | $88.98M |
| EBITDA margin | 20.4% | 25.7% | 23.7% | 14.2% | 22.7% | 19.0% | 19.6% | 27.4% | 22.3% | 21.5% | 18.4% | 17.4% | 17.2% | -12.3% | 12.3% | 12.9% | 11.7% | 18.8% | 13.6% |
| EBIT | $17.82M | $35.56M | $29.35M | $13.48M | $39.29M | $18.55M | $29.39M | $74.03M | $77.16M | $72.84M | $68.65M | $72.18M | $79.40M | $-78.59M | $46.43M | $58.61M | $44.91M | $89.15M | $73.62M |
| Interest expense | $19.62M | $17.30M | $15.52M | $10.94M | $8.92M | $8.39M | $8.33M | $8.13M | $10.89M | $15.20M | $18.34M | $16.94M | $16.78M | $20.24M | $11.84M | $11.25M | $15.68M | $15.26M | $12.11M |
| Income tax | $-749000.00 | $6.79M | $3.99M | $872000.00 | $11.33M | $4.14M | $7.38M | $22.04M | $22.09M | $24.69M | $-2.41M | $11.85M | $13.45M | $-12.28M | $3.90M | $8.75M | $5.51M | $17.74M | — |
| Effective tax rate | 41.5% | 37.2% | 28.8% | 34.4% | 37.3% | 40.8% | 38.8% | 35.5% | 33.3% | 38.8% | -4.6% | 21.3% | 21.5% | 12.4% | 11.3% | 18.5% | 18.9% | 24.0% | 0.0% |
| Net income | $-1.06M | $11.47M | $9.84M | $1.66M | $19.04M | $6.01M | $11.64M | $39.96M | $44.18M | $39.01M | $55.32M | $43.91M | $49.17M | $-86.55M | $30.69M | $38.61M | $23.72M | $56.15M | $46.90M |
| Net income growth (YoY) | — | +1185.2% | -14.2% | -83.1% | +1045.6% | -68.4% | +93.6% | +243.3% | +10.5% | -11.7% | +41.8% | -20.6% | +12.0% | -276.0% | +135.5% | +25.8% | -38.6% | +136.7% | -16.5% |
| Profit margin | -0.8% | 6.4% | 5.6% | 0.9% | 9.1% | 4.3% | 6.0% | 13.2% | 11.0% | 9.4% | 11.6% | 8.4% | 8.6% | -18.0% | 5.7% | 6.3% | 4.2% | 9.9% | 7.1% |