NYSE:PLOW
Douglas Dynamics, Inc.
Douglas Dynamics, Inc.'s revenue grew 15.4% in fiscal 2025 to $656.1M while operating margin fell to 11.2%. Free cash flow was $63.9M, 9.7% of revenue.Summary generated from Douglas Dynamics, Inc.'s SEC filings. Latest annual report filed Feb 24, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$656.1M
Revenue growth+15.4%
Revenue, 5-yr CAGR+6.4%
Gross margin26.6%
Operating margin11.2%
Net margin7.1%
ROIC13.5%
Return on equity17.2%
Debt / equity0.53
Free cash flow$63.9M
FCF margin9.7%
Share count change+0.5%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 541 | 616 | 568 | 569 | 656 |
| Operating income | 51 | 59 | 45 | 89 | 74 |
| Net income | 31 | 39 | 24 | 56 | 47 |
| Free cash flow | 49 | 28 | 3 | 33 | 64 |
Recent filings
- 10-QQuarterly report for the period ended Jun 30, 2026
Aug 3, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026 - 4Insider transaction report
Jul 1, 2026 - 4Insider transaction report
May 13, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 5, 2026 - 8-KResults of operations and financial condition
May 5, 2026 - 8-KAmendment to articles or bylaws
May 1, 2026 - DEF 14AProxy statement
Mar 20, 2026