(PLOW) Douglas Dynamics - Overview
Snowplows, Spreaders, Upfits, Bodies, Storage
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.03% |
| Yield on Cost 5y | 3.46% |
| Yield CAGR 5y | 0.87% |
| Payout Consistency | 97.4% |
| Payout Ratio | 58.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.1% |
| Relative Tail Risk | -12.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.48 |
| Alpha | 34.43 |
| Character TTM | |
|---|---|
| Beta | 0.655 |
| Beta Downside | 0.517 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.72% |
| CAGR/Max DD | 0.02 |
Description: PLOW Douglas Dynamics January 26, 2026
Douglas Dynamics, Inc. (NYSE:PLOW) manufactures and upfits commercial work-truck attachments and equipment across North America, operating through two segments: Work Truck Attachments (snowplows, sand/salt spreaders, related parts) and Work Truck Solutions (municipal snow-control products, vehicle up-fits, storage and cable-pulling equipment, and turnkey solutions for government agencies). The company markets its products under brands such as FISHER, SNOWEX, WESTERN, and DEJANA, primarily serving professional snowplow operators and municipal departments of transportation.
Recent performance indicators (as of Q3 2025) show a revenue of $302 million for FY 2024, up 5 % YoY, driven by a 9 % increase in municipal snow-removal contracts and a 4 % rise in construction-equipment demand. Gross margin held steady at 38 % and operating margin improved to 12 % after a $10 million cap-ex program that expanded the company’s up-fit production capacity. The order backlog reached $150 million, a 15 % increase year-over-year, reflecting higher seasonal ordering and a modest pricing uplift of 2 % to offset inflationary cost pressures. Key macro drivers include elevated municipal budget allocations for winter maintenance (up 6 % in 2024) and a broader 4 % YoY growth in U.S. construction spending, which supports demand for the company’s work-truck solutions.
For a deeper quantitative comparison of PLOW’s valuation metrics against peers, the ValueRay platform offers a concise dashboard.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 42.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.45 > 1.0 |
| NWC/Revenue: 28.43% < 20% (prev 30.14%; Δ -1.71% < -1%) |
| CFO/TA 0.08 > 3% & CFO 53.2m > Net Income 42.0m |
| Net Debt (284.5m) to EBITDA (82.6m): 3.44 < 3 |
| Current Ratio: 2.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (23.6m) vs 12m ago -0.03% < -2% |
| Gross Margin: 26.38% > 18% (prev 0.25%; Δ 2613 % > 0.5%) |
| Asset Turnover: 90.42% > 50% (prev 84.02%; Δ 6.40% > 0%) |
| Interest Coverage Ratio: 5.49 > 6 (EBITDA TTM 82.6m / Interest Expense TTM 12.3m) |
Altman Z'' 3.06
| A: 0.25 (Total Current Assets 348.5m - Total Current Liabilities 173.7m) / Total Assets 694.9m |
| B: 0.15 (Retained Earnings 101.5m / Total Assets 694.9m) |
| C: 0.10 (EBIT TTM 67.3m / Avg Total Assets 680.3m) |
| D: 0.25 (Book Value of Equity 106.2m / Total Liabilities 419.6m) |
| Altman-Z'' Score: 3.06 = A |
Beneish M -3.03
| DSRI: 1.03 (Receivables 173.5m/153.1m, Revenue 615.1m/559.2m) |
| GMI: 0.95 (GM 26.38% / 25.14%) |
| AQI: 0.94 (AQ_t 0.34 / AQ_t-1 0.36) |
| SGI: 1.10 (Revenue 615.1m / 559.2m) |
| TATA: -0.02 (NI 42.0m - CFO 53.2m) / TA 694.9m) |
| Beneish M-Score: -3.03 (Cap -4..+1) = AA |
What is the price of PLOW shares?
Over the past week, the price has changed by +0.14%, over one month by +10.98%, over three months by +18.05% and over the past year by +48.88%.
Is PLOW a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PLOW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38.8 | 4.7% |
| Analysts Target Price | 38.8 | 4.7% |
| ValueRay Target Price | 44.4 | 19.9% |
PLOW Fundamental Data Overview January 29, 2026
P/E Forward = 17.0068
P/S = 1.419
P/B = 3.17
P/EG = 1.2158
Revenue TTM = 615.1m USD
EBIT TTM = 67.3m USD
EBITDA TTM = 82.6m USD
Long Term Debt = 136.9m USD (from longTermDebt, last quarter)
Short Term Debt = 99.2m USD (from shortTermDebt, last quarter)
Debt = 296.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 284.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.16b USD (872.8m + Debt 296.0m - CCE 11.5m)
Interest Coverage Ratio = 5.49 (Ebit TTM 67.3m / Interest Expense TTM 12.3m)
EV/FCF = 28.03x (Enterprise Value 1.16b / FCF TTM 41.3m)
FCF Yield = 3.57% (FCF TTM 41.3m / Enterprise Value 1.16b)
FCF Margin = 6.71% (FCF TTM 41.3m / Revenue TTM 615.1m)
Net Margin = 6.82% (Net Income TTM 42.0m / Revenue TTM 615.1m)
Gross Margin = 26.38% ((Revenue TTM 615.1m - Cost of Revenue TTM 452.8m) / Revenue TTM)
Gross Margin QoQ = 23.51% (prev 31.03%)
Tobins Q-Ratio = 1.67 (Enterprise Value 1.16b / Total Assets 694.9m)
Interest Expense / Debt = 1.27% (Interest Expense 3.76m / Debt 296.0m)
Taxrate = 23.55% (2.45m / 10.4m)
NOPAT = 51.4m (EBIT 67.3m * (1 - 23.55%))
Current Ratio = 2.01 (Total Current Assets 348.5m / Total Current Liabilities 173.7m)
Debt / Equity = 1.08 (Debt 296.0m / totalStockholderEquity, last quarter 275.3m)
Debt / EBITDA = 3.44 (Net Debt 284.5m / EBITDA 82.6m)
Debt / FCF = 6.89 (Net Debt 284.5m / FCF TTM 41.3m)
Total Stockholder Equity = 267.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.17% (Net Income 42.0m / Total Assets 694.9m)
RoE = 15.66% (Net Income TTM 42.0m / Total Stockholder Equity 267.9m)
RoCE = 16.62% (EBIT 67.3m / Capital Employed (Equity 267.9m + L.T.Debt 136.9m))
RoIC = 11.18% (NOPAT 51.4m / Invested Capital 459.9m)
WACC = 6.47% (E(872.8m)/V(1.17b) * Re(8.33%) + D(296.0m)/V(1.17b) * Rd(1.27%) * (1-Tc(0.24)))
Discount Rate = 8.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.27%
[DCF Debug] Terminal Value 82.05% ; FCFF base≈39.4m ; Y1≈33.7m ; Y5≈26.1m
Fair Price DCF = 16.78 (EV 671.2m - Net Debt 284.5m = Equity 386.7m / Shares 23.0m; r=6.47% [WACC]; 5y FCF grow -17.56% → 2.90% )
EPS Correlation: 3.43 | EPS CAGR: 5.66% | SUE: -2.26 | # QB: 0
Revenue Correlation: 8.13 | Revenue CAGR: 1.57% | SUE: -0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=2.41 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+13.7% | Growth Revenue=+10.4%