(PLOW) Douglas Dynamics - Overview

Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE (USA) | Market Cap: 1.022m USD | Total Return: 65.5% in 12m

Snowplows, Sand Spreaders, Vehicle Cranes, Truck Upfitting
Total Rating 56
Safety 82
Buy Signal 0.25
Auto Parts
Industry Rotation: +3.1
Market Cap: 1.02B
Avg Turnover: 11.5M
Risk 3d forecast
Volatility32.1%
VaR 5th Pctl5.18%
VaR vs Median-2.08%
Reward TTM
Sharpe Ratio1.66
Rel. Str. IBD77.9
Rel. Str. Peer Group82.7
Character TTM
Beta0.834
Beta Downside0.524
Hurst Exponent0.451
Drawdowns 3y
Max DD32.38%
CAGR/Max DD0.62
CAGR/Mean DD1.59
EPS (Earnings per Share) EPS (Earnings per Share) of PLOW over the last years for every Quarter: "2021-03": 0.04, "2021-06": 0.91, "2021-09": 0.29, "2021-12": 0.42, "2022-03": -0.11, "2022-06": 0.85, "2022-09": 0.57, "2022-12": 0.52, "2023-03": -0.55, "2023-06": 1.11, "2023-09": 0.25, "2023-12": 0.19, "2024-03": -0.29, "2024-06": 1.11, "2024-09": 0.24, "2024-12": 0.39, "2025-03": 0.09, "2025-06": 1.14, "2025-09": 0.4, "2025-12": 0.62, "2026-03": 0.36,
EPS CAGR: 27.78%
EPS Trend: 79.2%
Last SUE: 1.53
Qual. Beats: 1
Revenue Revenue of PLOW over the last years for every Quarter: 2021-03: 103.342, 2021-06: 157.53, 2021-09: 127.636, 2021-12: 152.945, 2022-03: 102.601, 2022-06: 187.561, 2022-09: 166.1, 2022-12: 159.806, 2023-03: 82.545, 2023-06: 207.267, 2023-09: 144.121, 2023-12: 134.245, 2024-03: 95.655, 2024-06: 199.902, 2024-09: 129.398, 2024-12: 143.549, 2025-03: 115.067, 2025-06: 194.327, 2025-09: 162.121, 2025-12: 184.538, 2026-03: 137.797,
Rev. CAGR: 3.74%
Rev. Trend: 55.2%
Last SUE: 0.41
Qual. Beats: 0

Warnings

High Debt while negative Cash Flow

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: PLOW Douglas Dynamics

Douglas Dynamics, Inc. (PLOW) is a North American manufacturer and upfitter specializing in commercial vehicle attachments. The company operates through two primary segments: Work Truck Attachments, which produces snow and ice control equipment under brands like FISHER and WESTERN, and Work Truck Solutions, which focuses on municipal products and vehicle upfitting via the HENDERSON and DEJANA brands.

The business model relies heavily on a specialized distributor network catering to professional snowplowers and governmental agencies. As a key player in the Construction Machinery & Heavy Transportation Equipment sub-industry, the company’s revenue is traditionally cyclical and highly sensitive to seasonal snowfall totals across the northern United States and Canada.

To better understand how these seasonal variables impact the companys valuation, you can explore the detailed financial metrics available on ValueRay. Douglas Dynamics remains headquartered in Milwaukee, Wisconsin, maintaining a market presence established since its founding in 1946.

Headlines to Watch Out For
  • Annual snowfall levels directly correlate with seasonal demand for snow and ice control equipment
  • High interest rates and inflation pressure commercial truck chassis availability and upfitting costs
  • Municipal budget allocations dictate revenue for heavy-duty snow removal and turnkey government solutions
  • Professional contractor spending patterns drive market share for premium FISHER and WESTERN brand attachments
Piotroski VR-10 (Strict) 3.5
Net Income: 53.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -9.15 > 1.0
NWC/Revenue: 24.6k% < 20% (prev 26.95%; Δ 24.5k% < -1%)
CFO/TA -0.00 > 3% & CFO -918.3m > Net Income 53.1m
Current Ratio: 2.65 > 1.5 & < 3
Outstanding Shares: last quarter (23.6m) vs 12m ago 2.02% < -2%
Gross Margin: 26.70% > 18% (prev 0.27%; Δ 2.64k% > 0.5%)
Asset Turnover: 0.22% > 50% (prev 94.67%; Δ -94.45% > 0%)
Interest Coverage Ratio: 6.84 > 6 (EBITDA TTM 96.1m / Interest Expense TTM 11.8m)
Altman Z'' 1.74
A: 0.26 (Total Current Assets 268b - Total Current Liabilities 101b) / Total Assets 630b
B: 0.00 (Retained Earnings 106.6m / Total Assets 630b)
C: 0.00 (EBIT TTM 80.7m / Avg Total Assets 315b)
D: 0.00 (Book Value of Equity 106.9m / Total Liabilities 351b)
Altman-Z'' = 1.74 = BBB
Beneish M -3.03
DSRI: 0.85 (Receivables 67.7m/69.2m, Revenue 678.8m/587.9m)
GMI: 0.99 (GM 26.70% / 26.54%)
AQI: 1.02 (AQ_t 0.39 / AQ_t-1 0.38)
SGI: 1.15 (Revenue 678.8m / 587.9m)
TATA: 0.00 (NI 53.1m - CFO -918.3m) / TA 630b)
Beneish M = -3.03 (Cap -4..+1) = AA
What is the price of PLOW shares?

As of May 25, 2026, the stock is trading at USD 44.20 with a total of 144,028 shares traded.
Over the past week, the price has changed by -0.09%, over one month by -4.84%, over three months by +0.29% and over the past year by +65.53%.

Is PLOW a buy, sell or hold?

Douglas Dynamics has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy PLOW.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PLOW price?
Analysts Target Price 56.3 27.3%
Douglas Dynamics (PLOW) - Fundamental Data Overview as of 25 May 2026
Market Cap USD = 1.02b (1.02b USD * 1.0 USD.USD)
P/E Trailing = 19.9099
P/E Forward = 16.4204
P/S = 1.5058
P/B = 3.6579
P/EG = 0.9128
Revenue TTM = 678.8m USD
EBIT TTM = 80.7m USD
EBITDA TTM = 96.1m USD
Long Term Debt = 133.4m USD (from longTermDebt, last quarter)
Short Term Debt = 34.6b USD (from shortTermDebt, last quarter)
Debt = 97.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 69.7m
Net Debt = 92.0b USD (calculated: Debt 97.2b - CCE 5.19b)
Enterprise Value = 93.0b USD (1.02b + Debt 97.2b - CCE 5.19b)
Interest Coverage Ratio = 6.84 (Ebit TTM 80.7m / Interest Expense TTM 11.8m)
EV/FCF = -22.75x (Enterprise Value 93.0b / FCF TTM -4.09b)
FCF Yield = -4.40% (FCF TTM -4.09b / Enterprise Value 93.0b)
 FCF Margin = -602.3% (FCF TTM -4.09b / Revenue TTM 678.8m)
 Net Margin = 7.83% (Net Income TTM 53.1m / Revenue TTM 678.8m)
Gross Margin = 26.70% ((Revenue TTM 678.8m - Cost of Revenue TTM 497.5m) / Revenue TTM)
Gross Margin QoQ = 26.31% (prev 25.26%)
Tobins Q-Ratio = 0.15 (Enterprise Value 93.0b / Total Assets 630b)
Interest Expense / Debt = 0.01% (Interest Expense 11.8m / Debt 97.2b)
Taxrate = 19.24% (1.52m / 7.89m)
NOPAT = 65.1m (EBIT 80.7m * (1 - 19.24%))
Current Ratio = 2.65 (Total Current Assets 268b / Total Current Liabilities 101b)
Debt / Equity = 0.35 (Debt 97.2b / totalStockholderEquity, last quarter 279b)
Debt / EBITDA = 957.6 (Net Debt 92.0b / EBITDA 96.1m)
 Debt / FCF = -22.50 (negative FCF - burning cash) (Net Debt 92.0b / FCF TTM -4.09b)
 Total Stockholder Equity = 70.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.02% (Net Income 53.1m / Total Assets 630b)
RoE = 0.08% (Net Income TTM 53.1m / Total Stockholder Equity 70.1b)
RoCE = 0.11% (EBIT 80.7m / Capital Employed (Equity 70.1b + L.T.Debt 133.4m))
RoIC = 0.01% (NOPAT 65.1m / Invested Capital 564b)
WACC = 0.10% (E(1.02b)/V(98.2b) * Re(8.92%) + D(97.2b)/V(98.2b) * Rd(0.01%) * (1-Tc(0.19)))
Discount Rate = 8.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.56 | Cagr: 1.16%
 [DCF] Fair Price = unknown (Cash Flow -4.09b)
 EPS Correlation: 79.17 | EPS CAGR: 27.78% | SUE: 1.53 | # QB: 1
Revenue Correlation: 55.21 | Revenue CAGR: 3.74% | SUE: 0.41 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.16 | Chg30d=-13.73% | Revisions=-14% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.69 | Chg30d=+46.56% | Revisions=+33% | Analysts=4
EPS current Year (2026-12-31): EPS=2.86 | Chg30d=+11.82% | Revisions=+50% | GrowthEPS=+28.4% | GrowthRev=+17.4%
EPS next Year (2027-12-31): EPS=3.12 | Chg30d=+7.69% | Revisions=+50% | GrowthEPS=+8.8% | GrowthRev=+3.7%
[Analyst] Revisions Ratio: +50%