Douglas Dynamics, Inc. (PLOW)

From the record

Douglas Dynamics, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Douglas Dynamics, Inc.'s 10 filed years say what it did: revenue went from $416 million in fiscal 2016 to $656 million in fiscal 2025, up 5.2% a year; it rose in 7 of 9 years; the deepest fall was 16% from fiscal 2019 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Douglas Dynamics, Inc.'s diluted share count grew about 1.0% a year, and dividends and buybacks returned about 69% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales (1 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Douglas Dynamics, Inc. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 55 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

From the record

Douglas Dynamics, Inc.'s standing among 8 graded names in its industry family: revenue of $656 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of 7% ranks in the top 31%; revenue growth of 2.1% a year over the last 3 filed years ranks in the bottom 19% (its annual reports).

From the record

Douglas Dynamics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Van, Genderen Mark (President & CEO, as filed), filing under that title since 2025-03-04, 1.7 years (bottom 30% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 6 years (top 10%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Douglas Dynamics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $8 million against debt of $144 million leaves -21.7% of its assets as net cash, bottom 31% of its family; cash from operations less capital spending is 9.7% of revenue (top 31%); a gross margin of 26.6% (bottom 44%); research spending of 1.2% of revenue (bottom 6%) (its annual report).

From the record

Douglas Dynamics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.1% a year over the last three filed years against 5.2% over all 10, slowing (bottom 19% of its family); the newest year grew 15.4% (top 31%); research spending grew -14.1% a year (bottom 6%); capital spending grew -2.6% a year (bottom 44%) (its annual reports). Douglas Dynamics, Inc. reported 2 lines of business in fiscal 2025: Work Truck Solutions at $360 million (55%), Work Truck Attachments at $296 million (45%); 2 of 2 grew against the year before (its annual report).

From the record

Douglas Dynamics, Inc.'s newest year against its own record: revenue of $656 million in fiscal 2025 came in 20.1% above the $546 million its prior three years' pace pointed to (top 21% of its family); net income of $46 million against a prior three-year average of $39 million (top 50%); a net margin of 7% against 6.6% before (top 50%) (its annual reports).