MARKETS / NYSE / PLOW
NYSE · CONSTRUCTION MACHINERY & EQUIP · MID CAP

Douglas Dynamics, Inc. PLOW

17 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$656.1M
▲ 15.4% vs FY2024
EPS · FY25
$1.96
Dividend / sh · FY25
$1.18
Payout · FY25
60%
ROE · FY25
17.2%
Net margin · FY25
7.1%
Dividend coverage
1.7×
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Result
USD 656.1M
Revenue, FY2025 · full 17-year series below
Revenue Net income
0.20.40.60.80.70.02009201220152018202120242025
0.20.40.60.80.70.02016201920222025

7 cents of every revenue dollar became profit this year.

Per share
USD 1.96
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.181.962009201220152018202120242025
0.81.62.41.181.962016201920222025

Earnings covered the dividend 1.7 times — the rest stayed in the company.

Profitability
17.2%
Return on equity, FY2025
ROE
816243217.2%2009201220152018202120242025
816243217.2%2016201920222025
Operating margin11.2%
Net margin7.1%
Return on assets7.7%

Each USD of equity produced 17 cents of profit this year.

Returned to shareholders
USD 33.9M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 27.9M
Net buybacksUSD 6.0M
Share of profit72.4%
Consecutive raises

USD 27.9M in dividends and USD 6.0M in buybacks — 72% of the year's profit went back to shareholders.

Growth
+6.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+2.1%
+6.4%
+5.1%
+9.1%
Net income
+6.7%
+0.6%
+24.9%
EPS, diluted
+6.3%
+0.1%
+22.8%
Dividend / share
+0.6%
+1.0%
+2.9%
+7.8%
Returned to shareholders
+0.9%
+5.5%
+5.3%
+9.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.02B
Shares outstanding, FY2025
0.020.022009201220152018202120242025
0.020.022016201920222025
Change, 5 years+0.9%
Change, 10 years+3.0%

The share count grew 1% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 626.7M
total assets, end of FY2025
Total assetsUSD 626.7M
EquityUSD 281.4M
CashUSD 8.3M
Gross debtUSD 151.4M
Net debtUSD 143.1M
Current ratio2.78×

Net debt stands at 51% of equity.

History
17 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Revenue $B
0.7
0.6
0.6
0.6
0.5
0.5
0.6
0.5
0.5
0.4
0.4
0.3
0.2
0.1
0.2
0.2
0.2
Operating income $B
0.1
0.1
0.0
0.1
0.1
−0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
EBITDA $B
0.1
0.1
0.1
0.1
0.1
−0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
Income tax $B
0.0
0.0
0.0
0.0
0.0
−0.0
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
0.0
0.1
0.0
0.0
0.0
−0.1
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
EPS, diluted $
1.96
2.36
0.98
1.63
1.29
−3.81
2.11
1.89
2.40
1.70
1.94
1.77
0.51
0.26
0.85
0.09
0.67
Dividend / sh $
1.18
1.18
1.18
1.16
1.14
1.12
1.09
1.06
0.96
0.94
0.89
0.87
0.84
0.82
1.18
0.38
·
Payout %
60
49
116
70
86
−30
51
56
40
55
46
49
161
303
135
495
·
ROE %
17.2
22.7
10.1
17.1
14.8
−33.7
16.5
16.3
23.2
18.5
23.6
24.3
7.5
3.8
11.4
1.2
9.1
Shares out B
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
65 of 65
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed