Douglas Dynamics, Inc. logo

Douglas Dynamics, Inc.

PLOW

NYSEIndustrialsIndustrial - Machinery

Previous close

$42.18

+$1.07 · +2.60%

Aug 21, 4:00 PM ET

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GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

42

Neutral

Sentiment

76

Bullish

Risk resilience

56

Elevated Risk

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Company profile

Company website

Douglas Dynamics, Inc. is a North American firm specializing in the production and customization of equipment and accessories for commercial work trucks. The company's operations are divided into two primary segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments division designs, manufactures, and sells a variety of snow and ice control implements, including plows and sand/salt spreaders, suitable for both light and heavy-duty trucks, along with various associated parts and accessories. Products in this segment are sold under brand names such as BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, and SWEEPEX. The Work Truck Solutions segment, conversely, focuses on supplying products for municipal snow and ice management. It also provides comprehensive truck and vehicle upfitting services, installing specialized equipment, truck bodies, racking, and storage systems onto vehicle chassis for diverse work-related applications. Additionally, this segment produces storage solutions for trucks and vans, as well as cable pulling equipment, and delivers customized turnkey solutions to governmental bodies like Departments of Transportation and municipalities. Key brands here include HENDERSON, BRINEXTREME, and DEJANA. Douglas Dynamics primarily serves professional snow removal contractors engaged in clearing commercial and residential areas. Founded in 1948, the company's headquarters are located in Milwaukee, Wisconsin.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Mark Van Genderen
Listed since
May 5, 2010
Employees
1,764

Market position

Day range

Current $42.18

52-week range

Current $42.18

Open
$41.73
Previous close
$41.11
Volume
271.26K
0.98× average
Average volume
275.69K
Average daily volume
Market cap
975.42M USD
Beta
1.22
Market reference 1
50-day average
$45.7298
-7.76% below average
200-day average
$41.2149
+2.34% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
963.63M USD
P/E (TTM)
18.83×
P/B (TTM)
3.25×
P/S (TTM)
1.4×
EV / EBITDA
10.83×
Earnings yield
6.23%
Free cash flow yield
8.44%
Dividend yield
2.80%

Profitability & efficiency

Gross margin
27.29%
Operating margin
11.27%
Net margin
7.52%
Return on equity
16.66%
Return on assets
7.48%
Return on invested capital
10.12%

Financial health

Debt / equity
0.97×
Current ratio
2.78×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%20%11%2%Gross margin, FY2021: 26.20%Gross margin, FY2022: 24.58%Gross margin, FY2023: 23.63%Gross margin, FY2024: 25.83%Gross margin, FY2025: 26.63%Operating margin, FY2021: 9.44%Operating margin, FY2022: 9.54%Operating margin, FY2023: 7.90%Operating margin, FY2024: 8.38%Operating margin, FY2025: 11.22%Net margin, FY2021: 5.67%Net margin, FY2022: 6.27%Net margin, FY2023: 4.18%Net margin, FY2024: 9.88%Net margin, FY2025: 7.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.20%. Gross margin FY2022 24.58%. Gross margin FY2023 23.63%. Gross margin FY2024 25.83%. Gross margin FY2025 26.63%. Operating margin FY2021 9.44%. Operating margin FY2022 9.54%. Operating margin FY2023 7.90%. Operating margin FY2024 8.38%. Operating margin FY2025 11.22%. Net margin FY2021 5.67%. Net margin FY2022 6.27%. Net margin FY2023 4.18%. Net margin FY2024 9.88%. Net margin FY2025 7.15%.

Income trends

Revenue

656.05M USD+15.40%

Operating income

73.61M USD+54.53%

Net income

46.9M USD-16.48%
Income trends across reported periods719.29M USD466.35M USD213.42M USD−39.51M USDRevenue, FY2021: 541.45M USDRevenue, FY2022: 616.07M USDRevenue, FY2023: 568.18M USDRevenue, FY2024: 568.5M USDRevenue, FY2025: 656.05M USDOperating income, FY2021: 51.14M USDOperating income, FY2022: 58.75M USDOperating income, FY2023: 44.91M USDOperating income, FY2024: 47.64M USDOperating income, FY2025: 73.61M USDNet income, FY2021: 30.69M USDNet income, FY2022: 38.61M USDNet income, FY2023: 23.72M USDNet income, FY2024: 56.15M USDNet income, FY2025: 46.9M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 541.45M USD. Revenue FY2022 616.07M USD. Revenue FY2023 568.18M USD. Revenue FY2024 568.5M USD. Revenue FY2025 656.05M USD. Operating income FY2021 51.14M USD. Operating income FY2022 58.75M USD. Operating income FY2023 44.91M USD. Operating income FY2024 47.64M USD. Operating income FY2025 73.61M USD. Net income FY2021 30.69M USD. Net income FY2022 38.61M USD. Net income FY2023 23.72M USD. Net income FY2024 56.15M USD. Net income FY2025 46.9M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue656.05M USD568.5M USD568.18M USD616.07M USD541.45M USD
Cost of goods sold481.37M USD421.67M USD433.91M USD464.61M USD399.58M USD
Gross profit174.68M USD146.84M USD134.27M USD151.46M USD141.87M USD
Research and development10.08M USD
Selling, general, and administrative94.89M USD91.68M USD78.84M USD82.18M USD78.84M USD
Operating expenses101.07M USD99.2M USD89.36M USD92.7M USD90.74M USD
Interest expense12.11M USD15.26M USD15.68M USD11.25M USD11.84M USD
Depreciation and amortization15.36M USD17.89M USD21.66M USD20.94M USD20.32M USD
Operating income73.61M USD47.64M USD44.91M USD58.75M USD51.14M USD
Net income46.9M USD56.15M USD23.72M USD38.61M USD30.69M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

8 ratings
Strong buy00%
Buy450%
Hold338%
Sell113%
Strong sell00%

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