Douglas Dynamics, Inc. (PLOW)
NYSE · Construction Machinery & Equip · Manufacturing · CIK 1287213 · fiscal year ends in Dec
Closing price $39.79 on 29 Oct 2026; 52-week range $29.61 to $54.20.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $699.1M
- Revenue growth
- 20.1%
- Net income, last twelve months
- $52.5M
- Earnings per share
- $2.20
- Gross margin
- 27.3%
- Operating margin
- 11.3%
- Net margin
- 7.5%
- Free cash flow
- $48.9M
- Return on equity
- 17.5%
- Market value
- $917.9M
- Price to earnings
- 18.1x
- Dividend yield
- 3.0%
- Cash
- $1.9M
- Debt
- $64.4M
- Debt to equity
- 0.21
- Shares outstanding
- 23.1M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $656.1M | $73.6M | $46.9M | $1.96 | $63.9M | 10-K filed 24 Feb 2026 |
| FY2024 | 31 Dec 2024 | $568.5M | $88.7M | $56.2M | $2.36 | $33.4M | 10-K filed 25 Feb 2025 |
| FY2023 | 31 Dec 2023 | $568.2M | $44.9M | $23.7M | $0.98 | $2.7M | 10-K filed 27 Feb 2024 |
| FY2022 | 31 Dec 2022 | $616.1M | $58.8M | $38.6M | $1.63 | $27.6M | 10-K filed 21 Feb 2023 |
| FY2021 | 31 Dec 2021 | $541.5M | $51.1M | $30.7M | $1.29 | $48.7M | 10-K filed 22 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $214.6M | $25.4M | $1.07 |
| Q1 FY2026 | 31 Mar 2026 | $137.8M | $6.4M | $0.26 |
| Q4 FY2025 | 31 Dec 2025 | $184.5M | $12.8M | $0.54 |
| Q3 FY2025 | 30 Sep 2025 | $162.1M | $8.0M | $0.33 |
| Q2 FY2025 | 30 Jun 2025 | $194.3M | $26.0M | $1.09 |
| Q1 FY2025 | 31 Mar 2025 | $115.1M | $148.0K | $0.00 |
| Q4 FY2024 | 31 Dec 2024 | $143.5M | $7.9M | $0.33 |
| Q3 FY2024 | 30 Sep 2024 | $129.4M | $32.3M | $1.36 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Work Truck Solutions | $360.3M | 54.9% |
| Work Truck Attachments | $295.7M | 45.1% |
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Independent Dealer | $424.8M | 64.7% |
| Government Contract | $144.2M | 22.0% |
| Fleet | $76.8M | 11.7% |
| Product and Service, Other | $10.3M | 1.6% |
Company events
The newest 8-K filings of 144 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 3 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 5 May 2026 | 8-K | Results | 2.02, 9.01 |
| 1 May 2026 | 8-K | Shareholder vote, Bylaws or fiscal year change | 5.03, 5.07, 9.01 |
| 24 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 4 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 31 Oct 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 5 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 6 May 2025 | 8-K | Results | 2.02, 9.01 |
| 2 May 2025 | 8-K | Shareholder vote | 5.07 |
| 28 Mar 2025 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 3 Mar 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 25 Feb 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 312 held.
| Filed | Form | Period |
|---|---|---|
| 3 Aug 2026 | 10-Q | 30 Jun 2026 |
| 3 Aug 2026 | 8-K | 3 Aug 2026 |
| 18 Jun 2026 | 11-K | 31 Dec 2025 |
| 15 May 2026 | SD | – |
| 5 May 2026 | 10-Q | 31 Mar 2026 |
| 5 May 2026 | 8-K | 4 May 2026 |
| 1 May 2026 | 8-K | 29 Apr 2026 |
| 2 Apr 2026 | DEFR14A | – |
| 20 Mar 2026 | ARS | 31 Dec 2025 |
| 20 Mar 2026 | DEF 14A | 29 Apr 2026 |
| 6 Mar 2026 | PRE 14A | 29 Apr 2026 |
| 24 Feb 2026 | 10-K | 31 Dec 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 9 Mar 2026 | Sisulak Jon J, Controller | Sale under a trading plan | 977 | $42.61 | $41.6K | 14,232 | 11 Mar 2026 |
| 9 Mar 2026 | Bernauer Christopher E, Pres. Work Truck Attachments | Sale outside a trading plan | 869 | $42.61 | $37.0K | 9,243 | 11 Mar 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 31 Jul 2026 | Vanguard Capital Management | 13G | 5.01% | 1.2M |
| 31 Jul 2026 | Allspring Global Investments Holdings, LLC | 13G amended | 6.6% | 1.5M |
| 17 Apr 2026 | PZENA INVESTMENT MANAGEMENT LLC | 13G amended | 6.9% | 1.6M |
| 14 Apr 2026 | Allspring Global Investments Holdings, LLC | 13G amended | 8.9% | 2.1M |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 521.3K | +1.87% | 3.39 |
| 30 Sep 2026 | 511.7K | +3.59% | 2.43 |
| 15 Sep 2026 | 494.0K | +7.47% | 2.82 |
| 31 Aug 2026 | 459.7K | +6.03% | 2.23 |
| 14 Aug 2026 | 433.5K | -21.05% | 1.02 |
| 31 Jul 2026 | 549.1K | +12.04% | 1.89 |
| 15 Jul 2026 | 490.1K | -4.03% | 1.98 |
| 30 Jun 2026 | 510.7K | +32.12% | 1.57 |
Funds that hold it
From each fund's latest Form 13F.
276 funds held it at 30 Jun 2026: 143 added and 74 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 2,020,552 | $109.0M | +168,098 |
| Allspring Global Investments Holdings, LLC | 1,537,716 | $80.4M | -520,643 |
| Pzena Investment Management LLC | 1,384,680 | $74.7M | -208,453 |
| Vanguard Capital Management LLC | 985,454 | $53.2M | +14,489 |
| Dimensional Fund Advisors LP | 919,091 | $49.6M | -17,036 |
| T. Rowe Price Investment Management, Inc. | 791,112 | $42.7M | +3,145 |
| Punch & Associates Investment Management, Inc. | 659,319 | $35.6M | +37,474 |
| Geode Capital Management, LLC | 658,314 | $35.5M | +107,523 |
| State Street Corp. | 640,342 | $34.5M | +34,655 |
| Nuveen, LLC | 633,400 | $34.2M | +13,431 |
Peers
Companies in the same industry.
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- Astec Industries Inc. (ASTE): revenue $1.6B, market value $917.7M
- Aebi Schmidt Holding AG (AEBI): revenue $2.0B, market value $882.6M
- Manitowoc Co. Inc. (MTW): revenue $2.3B, market value $857.6M