Employees: 1,764
Size Douglas Dynamics (PLOW) is a United States Industrials company (Trucks/Construction/Farm Machinery) with a market value of $839M, the 2364th largest of 3,117 United States companies the cockpit tracks. Shares closed at $36.34 on 6 Nov 2026.
Performance Over six months the shares fell 19.8%, against -17.6% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 22.8% over the last twelve months (peer median +11.5%); the operating margin is 12.7% (peer median 5.2%).
Valuation It trades at 11.0× forward earnings against a peer median of 19.1× (4th cheapest of 12).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.6 points above its cost of capital (9.1% WACC).
Short interest Short interest is 2.3% of the free float (15 Oct 2026).
Next results Next results expected around 22 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $755M | $656M | $569M | $568M | $616M |
| Revenue growth | — | +15% | 0% | -8% | — |
| Gross profit | $206M | $168M | $139M | $124M | $141M |
| EBITDA | $111M | $89.0M | $65.5M | $71.7M | $80.7M |
| Net income | $64.4M | $45.8M | $55.1M | $23.2M | $37.9M |
| Free cash flow | $34.1M | $63.6M | $33.0M | $1.61M | $28.0M |
| Capital expenditure | $14.3M | $11.1M | $7.81M | $10.5M | $12.0M |
| Total debt | $332M | $219M | $221M | $257M | $227M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PLOW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.7% | -9.7% | 10th highest of 21 |
| 6-month return | -19.8% | -17.6% | 9th lowest of 21 |
| Distance from 52-week high | -33.9% | -31.2% | 10th lowest of 21 |
| Revenue growth (TTM) | +22.8% | +11.5% | 5th highest of 21 |
| Operating margin | 12.7% | 5.2% | 6th highest of 21 |
| Forward P/E | 11.0× | 19.1× | 4th cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | 5.6% | 8.8% | 4th least demanding of 11 |
| Growth delivered (Del g) | +6.4% | +7.9% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | -0.8 pp | +2.4 pp | 4th least demanding of 11 |
| ROIC minus cost of capital | +2.6 pp | -3.1 pp | 7th highest of 21 |
| EV / EBITDA | 10.5× | 16.5× | 4th cheapest of 9 |
| Net debt / EBITDA | 2.9× | 1.0× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Douglas Dynamics PLOW | United States | $839M | -20% | +23% | 13% | 11.0× | 5.6% | +6.4% |
| Chengdu Xiling Power Science & Technology 300733.SZ | China | $831M | -9% | +4% | 3% | 29.3× | n/a | n/a |
| Astec Industries ASTE | United States | $822M | -33% | +19% | 5% | 9.8× | 9.5% | +6.6% |
| Power HF 605100.SS | China | $816M | -35% | +17% | 2% | n/a | n/a | n/a |
| Manitowoc MTW | United States | $808M | -3% | +9% | 3% | 16.2× | 11.2% | +9.2% |
| Greenworks (Jiangsu) 301260.SZ | China | $804M | -35% | -1% | -8% | 19.1× | n/a | n/a |
| engcon ENGCON-B.ST | Sweden | $876M | -13% | +16% | 16% | 29.7× | 7.0% | +11.9% |
| Knowledge Marine & Engineering Works KMEW.NS | India | $876M | +44% | +57% | 40% | n/a | n/a | n/a |
| Gemac Engineering Machinery 301048.SZ | China | $801M | -8% | +7% | 8% | n/a | 4.1% | +4.0% |
| HD-Hyundai Marine Engine 071970.KS | South Korea | $887M | -66% | +54% | 26% | 8.7× | -9.8% | +10.2% |
| Hangzhou Advance Gearbox 601177.SS | China | $786M | -19% | +1% | 4% | n/a | 14.5% | +4.6% |
| Jupiter Wagons JWL.NS | India | $896M | -35% | -12% | 10% | 32.8× | n/a | n/a |
| Xiamen XGMA Machinery 600815.SS | China | $756M | -36% | +21% | -21% | n/a | n/a | n/a |
| Shandong Mining Machinery 002526.SZ | China | $754M | -15% | -6% | 1% | n/a | n/a | n/a |
| Niutech Technology 688309.SS | China | $753M | -10% | +79% | 26% | n/a | n/a | n/a |
| Shanghai Chuangli 603012.SS | China | $738M | -12% | -17% | 5% | n/a | 8.1% | +2.8% |
| DAEHAN SHIPBUILDING 439260.KS | South Korea | $955M | -62% | +14% | 26% | 4.4× | n/a | n/a |
| VBG VBG-B.ST | Sweden | $734M | -16% | +5% | 10% | 16.2× | 2.7% | +11.4% |
| Wetown Electric 688226.SS | China | $729M | -55% | +54% | 3% | 29.9× | n/a | n/a |
| Jinxi Axle 600495.SS | China | $728M | -6% | +19% | -1% | n/a | 22.1% | +2.6% |
| Titagarh Rail Systems TITAGARH.NS | India | $967M | -20% | -10% | 10% | 34.8× | 45.4% | +15.9% |