Douglas Dynamics, Inc.

PLOW Consumer Cyclical Auto Parts

Douglas Dynamics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $656.1 million, up 15.4% from fiscal 2024. In the quarter to June 2026, revenue grew 10.5%, EPS fell 1.82%, free cash flow fell 97.5% and total debt fell 4.84%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

39.54 0.12 −0.30%
Market cap
$915.2M
P/E
17.7×
Fwd P/E
16.8×
Dividend yield
2.98%
F-score
6/9
Altman Z
3.31
Beneish M
−2.57
Dividend safety
69/100

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Revenue
656.05 568.50 568.18 616.07 541.45 480.15 571.71 524.07 474.93 416.27
Revenue Growth
15.40% 0.06% (7.77%) 13.78% 12.77% (16.01%) 9.09% 10.35% 14.09% 3.96%
Cost of Revenue
481.37 421.67 433.91 464.61 399.58 351.87 402.89 369.18 331.84 282.29
Gross Profit
174.68 146.84 134.27 151.46 141.87 128.28 168.82 154.89 143.09 133.97
SG&A Expenses
94.89 91.68 78.84 82.18 78.84 64.62 71.29 69.96 60.88 53.57
Operating Income
73.61 88.71 44.91 58.75 51.14 (75.14) 86.57 73.46 70.81 69.81
Non-operating Income/Expense
(12.10) (14.82) (15.67) (11.39) (16.55) (23.69) (23.96) (17.70) (17.89) (6.11)
Non-operating Interest Expenses
12.11 15.26 15.68 11.25 11.84 20.24 16.78 16.94 18.34 15.20
EBT
61.51 73.89 29.23 47.36 34.59 (98.83) 62.62 55.76 52.92 63.70
Income Tax Provision
14.61 17.74 5.51 8.75 3.90 (12.28) 13.45 11.85 (2.41) 24.69
Income after Tax
46.90 56.15 23.72 38.61 30.69 (86.55) 49.17 43.91 55.32 39.01
Dividends (Preferred)
1.05 1.08 0.53 0.74 0.50 — 0.64 0.58 — —
Net Income Common
45.85 55.07 23.20 37.87 30.19 (86.55) 48.53 43.32 55.32 39.01
EPS (Basic)
1.99 2.39 1.01 1.65 1.31 (3.81) 2.13 1.91 2.42 1.71
EPS (Diluted)
1.96 2.36 0.98 1.63 1.29 (3.81) 2.11 1.89 2.40 1.70
Shares (Basic, Weighted)
23.09 23.07 22.96 22.92 22.96 22.85 22.78 22.68 22.58 22.48
Shares (Diluted, Weighted)
23.62 23.51 22.96 22.92 22.97 22.85 22.81 22.71 22.59 22.48
Gross Margin
26.63% 25.83% 23.63% 24.58% 26.20% 26.72% 29.53% 29.56% 30.13% 32.18%
EBIT Margin
11.22% 15.60% 7.90% 9.54% 9.44% (15.65%) 15.14% 14.02% 14.91% 16.77%
EBT margin
9.38% 13.00% 5.15% 7.69% 6.39% (20.58%) 10.95% 10.64% 11.14% 15.30%
Net Profit Margin
6.99% 9.69% 4.08% 6.15% 5.58% (18.03%) 8.49% 8.27% 11.65% 9.37%
Free Cash Flow Margin
9.69% 5.86% 0.34% 4.54% 9.11% 8.10% 11.50% 9.25% 12.38% 14.44%
EBITDA
89.46 107.30 67.16 80.18 72.35 (54.04) 107.00 93.76 90.61 87.50
EBIT
73.61 88.71 44.91 58.75 51.14 (75.14) 86.57 73.46 70.81 69.81
Income from Continuous Operations
46.90 56.15 23.72 38.61 30.69 (86.55) 49.17 43.91 55.32 39.01
Consolidated Net Income/Loss
46.90 56.15 23.72 38.61 30.69 (86.55) 49.17 43.91 55.32 39.01
EPS (Basic, from Continuous Ops)
2.03 2.43 1.03 1.68 1.34 (3.79) 2.16 1.94 2.45 1.74
EPS (Basic, Consolidated)
2.03 2.43 1.03 1.68 1.34 (3.79) 2.16 1.94 2.45 1.74
EPS (Diluted, from Cont. Ops)
1.99 2.39 1.03 1.68 1.34 (3.79) 2.16 1.93 2.45 1.74
Shares (Diluted, Average)
23.62 23.51 22.96 22.92 22.97 22.85 22.81 22.71 22.59 22.48
EPS (Diluted, Consolidated)
1.99 2.39 1.03 1.68 1.34 (3.79) 2.16 1.93 2.45 1.74
EBITDA Margin
13.64% 18.87% 11.82% 13.02% 13.36% (11.25%) 18.72% 17.89% 19.08% 21.02%
Operating Cash Flow Margin
11.38% 7.23% 2.19% 6.50% 11.18% 11.11% 13.52% 11.10% 13.97% 16.80%

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In millions of $ except per-share values · columns are period end dates