DOUGLAS DYNAMICS INC (PLOW) Stock Fundamental Analysis

NYSE:PLOW • US25960R1059

45.92 USD
-0.88 (-1.88%)
At close: Feb 27, 2026
45.92 USD
0 (0%)
After Hours: 2/27/2026, 8:27:06 PM
Fundamental Rating

4

Taking everything into account, PLOW scores 4 out of 10 in our fundamental rating. PLOW was compared to 130 industry peers in the Machinery industry. PLOW has only an average score on both its financial health and profitability. While showing a medium growth rate, PLOW is valued expensive at the moment. Finally PLOW also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year PLOW was profitable.
  • In the past year PLOW had a positive cash flow from operations.
  • PLOW had positive earnings in 4 of the past 5 years.
  • Of the past 5 years PLOW 4 years had a positive operating cash flow.
PLOW Yearly Net Income VS EBIT VS OCF VS FCFPLOW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.90%, PLOW is in the better half of the industry, outperforming 64.62% of the companies in the same industry.
  • With a decent Return On Equity value of 14.89%, PLOW is doing good in the industry, outperforming 76.15% of the companies in the same industry.
  • With a decent Return On Invested Capital value of 9.01%, PLOW is doing good in the industry, outperforming 66.92% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for PLOW is below the industry average of 10.27%.
  • The last Return On Invested Capital (9.01%) for PLOW is above the 3 year average (7.76%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.9%
ROE 14.89%
ROIC 9.01%
ROA(3y)6.6%
ROA(5y)2.04%
ROE(3y)15.79%
ROE(5y)3.68%
ROIC(3y)7.76%
ROIC(5y)7.94%
PLOW Yearly ROA, ROE, ROICPLOW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

  • Looking at the Profit Margin, with a value of 6.66%, PLOW is in line with its industry, outperforming 56.92% of the companies in the same industry.
  • PLOW's Profit Margin has improved in the last couple of years.
  • The Operating Margin of PLOW (10.93%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of PLOW has declined.
  • Looking at the Gross Margin, with a value of 26.38%, PLOW is doing worse than 60.00% of the companies in the same industry.
  • PLOW's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 10.93%
PM (TTM) 6.66%
GM 26.38%
OM growth 3Y-4.63%
OM growth 5Y-11.17%
PM growth 3Y19.55%
PM growth 5Y2.69%
GM growth 3Y-0.48%
GM growth 5Y-2.64%
PLOW Yearly Profit, Operating, Gross MarginsPLOW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLOW is destroying value.
  • PLOW has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
PLOW Yearly Shares OutstandingPLOW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
PLOW Yearly Total Debt VS Total AssetsPLOW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • PLOW has an Altman-Z score of 3.25. This indicates that PLOW is financially healthy and has little risk of bankruptcy at the moment.
  • PLOW has a Altman-Z score (3.25) which is in line with its industry peers.
  • The Debt to FCF ratio of PLOW is 5.07, which is a neutral value as it means it would take PLOW, 5.07 years of fcf income to pay off all of its debts.
  • PLOW has a Debt to FCF ratio (5.07) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.73 indicates that PLOW is somewhat dependend on debt financing.
  • The Debt to Equity ratio of PLOW (0.73) is worse than 71.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 5.07
Altman-Z 3.25
ROIC/WACC0.94
WACC9.58%
PLOW Yearly LT Debt VS Equity VS FCFPLOW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.3 Liquidity

  • PLOW has a Current Ratio of 2.01. This indicates that PLOW is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.01, PLOW is in line with its industry, outperforming 46.15% of the companies in the same industry.
  • A Quick Ratio of 1.09 indicates that PLOW should not have too much problems paying its short term obligations.
  • PLOW has a Quick ratio of 1.09. This is in the lower half of the industry: PLOW underperforms 62.31% of its industry peers.
Industry RankSector Rank
Current Ratio 2.01
Quick Ratio 1.09
PLOW Yearly Current Assets VS Current LiabilitesPLOW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

4

3. Growth

3.1 Past

  • PLOW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.17%, which is quite impressive.
  • PLOW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.59% yearly.
EPS 1Y (TTM)55.17%
EPS 3Y7.13%
EPS 5Y13.59%
EPS Q2Q%58.97%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%28.56%

3.2 Future

  • Based on estimates for the next years, PLOW will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.72% on average per year.
  • Based on estimates for the next years, PLOW will show a small growth in Revenue. The Revenue will grow by 5.34% on average per year.
EPS Next Y11.07%
EPS Next 2Y13.73%
EPS Next 3Y11.77%
EPS Next 5Y10.72%
Revenue Next Year10.4%
Revenue Next 2Y7.88%
Revenue Next 3Y6.01%
Revenue Next 5Y5.34%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
PLOW Yearly Revenue VS EstimatesPLOW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M
PLOW Yearly EPS VS EstimatesPLOW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.41, which indicates a rather expensive current valuation of PLOW.
  • Based on the Price/Earnings ratio, PLOW is valued a bit cheaper than the industry average as 74.62% of the companies are valued more expensively.
  • PLOW's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.10.
  • Based on the Price/Forward Earnings ratio of 18.38, the valuation of PLOW can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, PLOW is valued a bit cheaper than the industry average as 75.38% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. PLOW is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.41
Fwd PE 18.38
PLOW Price Earnings VS Forward Price EarningsPLOW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 64.62% of the companies in the same industry are more expensive than PLOW, based on the Enterprise Value to EBITDA ratio.
  • PLOW's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 25.63
EV/EBITDA 14.67
PLOW Per share dataPLOW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PLOW does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)1.84
PEG (5Y)1.5
EPS Next 2Y13.73%
EPS Next 3Y11.77%

7

5. Dividend

5.1 Amount

  • PLOW has a Yearly Dividend Yield of 2.56%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.19, PLOW pays a better dividend. On top of this PLOW pays more dividend than 93.08% of the companies listed in the same industry.
  • PLOW's Dividend Yield is a higher than the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.56%

5.2 History

  • The dividend of PLOW has a limited annual growth rate of 1.50%.
  • PLOW has been paying a dividend for at least 10 years, so it has a reliable track record.
  • PLOW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.5%
Div Incr Years0
Div Non Decr Years14
PLOW Yearly Dividends per sharePLOW Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 68.06% of the earnings are spent on dividend by PLOW. This is not a sustainable payout ratio.
  • PLOW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.06%
EPS Next 2Y13.73%
EPS Next 3Y11.77%
PLOW Yearly Income VS Free CF VS DividendPLOW Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M
PLOW Dividend Payout.PLOW Dividend Payout, showing the Payout Ratio.PLOW Dividend Payout.PayoutRetained Earnings

DOUGLAS DYNAMICS INC

NYSE:PLOW (2/27/2026, 8:27:06 PM)

After market: 45.92 0 (0%)

45.92

-0.88 (-1.88%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-23
Earnings (Next)05-04
Inst Owners95.03%
Inst Owner Change-0.8%
Ins Owners1.96%
Ins Owner Change3.6%
Market Cap1.06B
Revenue(TTM)N/A
Net Income(TTM)40.99M
Analysts80
Price Target39.53 (-13.92%)
Short Float %2.01%
Short Ratio2.56
Dividend
Industry RankSector Rank
Dividend Yield 2.56%
Yearly Dividend1.19
Dividend Growth(5Y)1.5%
DP68.06%
Div Incr Years0
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.47%
Min EPS beat(2)-1.96%
Max EPS beat(2)12.89%
EPS beat(4)3
Avg EPS beat(4)72.49%
Min EPS beat(4)-1.96%
Max EPS beat(4)255.7%
EPS beat(8)6
Avg EPS beat(8)38.16%
EPS beat(12)8
Avg EPS beat(12)-1.73%
EPS beat(16)11
Avg EPS beat(16)1.88%
Revenue beat(2)1
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)0.55%
Revenue beat(4)2
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-9.34%
Max Revenue beat(4)4.64%
Revenue beat(8)4
Avg Revenue beat(8)-4.21%
Revenue beat(12)5
Avg Revenue beat(12)-5.6%
Revenue beat(16)9
Avg Revenue beat(16)-2.24%
PT rev (1m)0%
PT rev (3m)2.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.48%
EPS NY rev (1m)0%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.38%
Valuation
Industry RankSector Rank
PE 20.41
Fwd PE 18.38
P/S 1.72
P/FCF 25.63
P/OCF 19.9
P/B 3.84
P/tB 19.85
EV/EBITDA 14.67
EPS(TTM)2.25
EY4.9%
EPS(NY)2.5
Fwd EY5.44%
FCF(TTM)1.79
FCFY3.9%
OCF(TTM)2.31
OCFY5.03%
SpS26.7
BVpS11.95
TBVpS2.31
PEG (NY)1.84
PEG (5Y)1.5
Graham Number24.6
Profitability
Industry RankSector Rank
ROA 5.9%
ROE 14.89%
ROCE 12.9%
ROIC 9.01%
ROICexc 9.18%
ROICexgc 14.95%
OM 10.93%
PM (TTM) 6.66%
GM 26.38%
FCFM 6.71%
ROA(3y)6.6%
ROA(5y)2.04%
ROE(3y)15.79%
ROE(5y)3.68%
ROIC(3y)7.76%
ROIC(5y)7.94%
ROICexc(3y)8.02%
ROICexc(5y)8.38%
ROICexgc(3y)15.46%
ROICexgc(5y)17.44%
ROCE(3y)10.15%
ROCE(5y)10.28%
ROICexgc growth 3Y-14.39%
ROICexgc growth 5Y-18.59%
ROICexc growth 3Y-7.06%
ROICexc growth 5Y-8.75%
OM growth 3Y-4.63%
OM growth 5Y-11.17%
PM growth 3Y19.55%
PM growth 5Y2.69%
GM growth 3Y-0.48%
GM growth 5Y-2.64%
F-Score5
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity 0.73
Debt/FCF 5.07
Debt/EBITDA 2.44
Cap/Depr 77.49%
Cap/Sales 1.93%
Interest Coverage 250
Cash Conversion 64.38%
Profit Quality 100.72%
Current Ratio 2.01
Quick Ratio 1.09
Altman-Z 3.25
F-Score5
WACC9.58%
ROIC/WACC0.94
Cap/Depr(3y)49.92%
Cap/Depr(5y)55.67%
Cap/Sales(3y)1.73%
Cap/Sales(5y)2.05%
Profit Quality(3y)47.07%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)55.17%
EPS 3Y7.13%
EPS 5Y13.59%
EPS Q2Q%58.97%
EPS Next Y11.07%
EPS Next 2Y13.73%
EPS Next 3Y11.77%
EPS Next 5Y10.72%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%28.56%
Revenue Next Year10.4%
Revenue Next 2Y7.88%
Revenue Next 3Y6.01%
Revenue Next 5Y5.34%
EBIT growth 1Y59.72%
EBIT growth 3Y-3.07%
EBIT growth 5Y-11.27%
EBIT Next Year30.03%
EBIT Next 3Y17.45%
EBIT Next 5Y12.04%
FCF growth 1Y4.46%
FCF growth 3Y-12.26%
FCF growth 5Y-12.72%
OCF growth 1Y5.55%
OCF growth 3Y-12.09%
OCF growth 5Y-11.85%

DOUGLAS DYNAMICS INC / PLOW FAQ

Can you provide the ChartMill fundamental rating for DOUGLAS DYNAMICS INC?

ChartMill assigns a fundamental rating of 4 / 10 to PLOW.


Can you provide the valuation status for DOUGLAS DYNAMICS INC?

ChartMill assigns a valuation rating of 3 / 10 to DOUGLAS DYNAMICS INC (PLOW). This can be considered as Overvalued.


What is the profitability of PLOW stock?

DOUGLAS DYNAMICS INC (PLOW) has a profitability rating of 5 / 10.


What is the earnings growth outlook for DOUGLAS DYNAMICS INC?

The Earnings per Share (EPS) of DOUGLAS DYNAMICS INC (PLOW) is expected to grow by 11.07% in the next year.


Is the dividend of DOUGLAS DYNAMICS INC sustainable?

The dividend rating of DOUGLAS DYNAMICS INC (PLOW) is 7 / 10 and the dividend payout ratio is 68.06%.