← Back to All US Stocks

Douglas Dynamics, Inc. (PLOW) Stock Fundamental Analysis & AI Rating 2026

PLOW NYSE Construction Machinery & Equip DE CIK: 0001287213
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
HOLD
62% Conf
Pending
Analysis scheduled

📊 PLOW Key Takeaways

Revenue: $656.1M
Net Margin: 7.1%
Free Cash Flow: $63.9M
Current Ratio: 2.78x
Debt/Equity: 0.51x
EPS: $1.96
AI Rating: HOLD with 62% confidence
Douglas Dynamics, Inc. (PLOW) receives a HOLD rating with 62% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $656.1M, net profit margin of 7.1%, and return on equity (ROE) of 16.7%, Douglas Dynamics, Inc. demonstrates mixed fundamentals in the Industrial sector. Below is our complete PLOW stock analysis for 2026.

Is Douglas Dynamics, Inc. (PLOW) a Good Investment?

Claude

Douglas Dynamics demonstrates solid financial health with strong revenue growth (+15.4% YoY) and robust free cash flow generation ($63.9M), supported by a conservative balance sheet (0.51x D/E). However, the significant divergence between revenue growth and earnings decline (EPS down 16.9% YoY despite 2.3% net income growth) signals operational margin compression and efficiency challenges that warrant caution.

Why Buy Douglas Dynamics, Inc. Stock? PLOW Key Strengths

Claude
  • + Strong revenue growth of 15.4% YoY indicating market demand
  • + Robust free cash flow generation of $63.9M with 9.7% FCF margin demonstrating cash conversion quality
  • + Conservative capital structure with 0.51x Debt/Equity ratio and 2.78x current ratio providing financial flexibility
  • + Capital-light business model with only 1.6% CapEx intensity enabling high cash returns
  • + Adequate profitability with 11.2% operating margin and 16.7% ROE

PLOW Stock Risks: Douglas Dynamics, Inc. Investment Risks

Claude
  • ! EPS declining 16.9% YoY despite revenue growth signals significant share dilution or margin erosion
  • ! Weak operating leverage with net income growth (2.3%) dramatically lagging revenue growth (15.4%) indicating cost control issues
  • ! Small cash position ($8.3M) relative to $144M long-term debt limits financial cushion
  • ! Cyclical construction equipment sector exposure creates vulnerability to economic downturns
  • ! Divergence between growth and profitability metrics suggests operational execution challenges

Key Metrics to Watch

Claude
  • * Operating margin trend and gross margin stability to identify if cost pressures are structural
  • * Earnings per share growth relative to revenue growth to assess share dilution rates
  • * Free cash flow generation sustainability and working capital management
  • * Debt service capacity and cash conversion ratio under different economic scenarios

Douglas Dynamics, Inc. (PLOW) Financial Metrics & Key Ratios

Revenue
$656.1M
Net Income
$46.9M
EPS (Diluted)
$1.96
Free Cash Flow
$63.9M
Total Assets
$626.7M
Cash Position
$8.3M

💡 AI Analyst Insight

Strong liquidity with a 2.78x current ratio provides a solid financial cushion.

PLOW Profit Margin, ROE & Profitability Analysis

Gross Margin 26.6%
Operating Margin 11.2%
Net Margin 7.1%
ROE 16.7%
ROA 7.5%
FCF Margin 9.7%

PLOW vs Industrial Sector: How Douglas Dynamics, Inc. Compares

How Douglas Dynamics, Inc. compares to Industrial sector averages

Net Margin
PLOW 7.1%
vs
Sector Avg 10.0%
PLOW Sector
ROE
PLOW 16.7%
vs
Sector Avg 15.0%
PLOW Sector
Current Ratio
PLOW 2.8x
vs
Sector Avg 1.8x
PLOW Sector
Debt/Equity
PLOW 0.5x
vs
Sector Avg 0.7x
PLOW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Douglas Dynamics, Inc. Stock Overvalued? PLOW Valuation Analysis 2026

Based on fundamental analysis, Douglas Dynamics, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
16.7%
Sector avg: 15%
Net Profit Margin
7.1%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.51x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Douglas Dynamics, Inc. Balance Sheet: PLOW Debt, Cash & Liquidity

Current Ratio
2.78x
Quick Ratio
1.21x
Debt/Equity
0.51x
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
$144.0M

PLOW Revenue & Earnings Growth: 5-Year Financial Trend

PLOW 5-year financial data: Year 2021: Revenue $571.7M, Net Income N/A, EPS $2.11. Year 2022: Revenue $616.1M, Net Income -$86.6M, EPS $-3.81. Year 2023: Revenue $616.1M, Net Income $30.7M, EPS $1.29. Year 2024: Revenue $616.1M, Net Income $38.6M, EPS $1.63. Year 2025: Revenue $656.1M, Net Income $23.7M, EPS $0.98.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Douglas Dynamics, Inc.'s revenue has grown significantly by 15% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.98 reflects profitable operations.

PLOW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.7%
Free cash flow / Revenue

PLOW Quarterly Earnings & Performance

Quarterly financial performance data for Douglas Dynamics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $129.4M $8.0M $0.33
Q2 2025 $194.3M $16.0M $0.66
Q1 2025 $95.7M $148.0K $0.00
Q3 2024 $129.4M $5.8M $0.24
Q2 2024 $199.9M $10.9M $0.45
Q1 2024 $82.5M -$8.4M $-0.37
Q3 2023 $144.1M $5.8M $0.24
Q2 2023 $187.6M $10.9M $0.45

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Douglas Dynamics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$74.7M
Cash generated from operations
Stock Buybacks
$6.0M
Shares repurchased (TTM)
Capital Expenditures
$10.8M
Investment in assets
Dividends Paid
$27.9M
Returned to shareholders

PLOW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Douglas Dynamics, Inc. (CIK: 0001287213)

📋 Recent SEC Filings

Date Form Document Action
Mar 20, 2026 DEF 14A plow20260309_def14a.htm View →
Mar 11, 2026 4 xslF345X05/form4.xml View →
Mar 11, 2026 4 xslF345X05/form4.xml View →
Mar 11, 2026 4 xslF345X05/form4.xml View →
Mar 11, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about PLOW

What is the AI rating for PLOW?

Douglas Dynamics, Inc. (PLOW) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PLOW's key strengths?

Claude: Strong revenue growth of 15.4% YoY indicating market demand. Robust free cash flow generation of $63.9M with 9.7% FCF margin demonstrating cash conversion quality.

What are the risks of investing in PLOW?

Claude: EPS declining 16.9% YoY despite revenue growth signals significant share dilution or margin erosion. Weak operating leverage with net income growth (2.3%) dramatically lagging revenue growth (15.4%) indicating cost control issues.

What is PLOW's revenue and growth?

Douglas Dynamics, Inc. reported revenue of $656.1M.

Does PLOW pay dividends?

Douglas Dynamics, Inc. pays dividends, with $27.9M distributed to shareholders in the trailing twelve months.

Where can I find PLOW SEC filings?

Official SEC filings for Douglas Dynamics, Inc. (CIK: 0001287213) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PLOW's EPS?

Douglas Dynamics, Inc. has a diluted EPS of $1.96.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PLOW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Douglas Dynamics, Inc. has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PLOW stock overvalued or undervalued?

Valuation metrics for PLOW: ROE of 16.7% (sector avg: 15%), net margin of 7.1% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy PLOW stock in 2026?

Our dual AI analysis gives Douglas Dynamics, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PLOW's free cash flow?

Douglas Dynamics, Inc.'s operating cash flow is $74.7M, with capital expenditures of $10.8M. FCF margin is 9.7%.

How does PLOW compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 7.1% (avg: 10%), ROE 16.7% (avg: 15%), current ratio 2.78 (avg: 1.8).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Sector: All Industrial Stocks →
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI