Reading the tape
NYSE: PLOW
Douglas Dynamics, Inc.
Consumer Cyclical · Auto - Parts
Market Cap
$1.03B
52w High
$48.47
52w Low
$25.38
P/E
0.16
Volume
315.68K
Outstanding Shares
23.08M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 82.78%Revenue (TTM): 15.4%FCF (TTM): 89.86%P/FCF: 47th pct
What changed
The stock rose 82.78% over the last year. Revenue grew 15.4% over the trailing twelve months. Operating margin moved from 15.6% to 11.22%. Free cash flow grew 89.86% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 47th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 11.22%. Revenue grew 15.4% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.
CEOMark Van Genderen
SectorConsumer Cyclical
IndustryAuto - Parts
Employees1,673
IPO dateMay 5, 2010
Valuation
Forward P/E—
EV/EBITDA10.78
Enterprise value$959.46M
Stock splits
May 7, 2010↑ Forward
Every 1 shares became 23
Profitability & growth
Revenue growth28.55%
Gross margin26.39%▼0.56%vs FY2024
Operating margin11.22%▼28.10%vs FY2024
ROE16.66%▼21.59%vs FY2024
Analyst consensus
RatingHold
Target price$48.67▲9.17%
3
Buy
4
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 3, 2026
Q3 FY26 · EPS est $1.36 · Revenue est $224M
View
Dividends
$1.18/shareQuarterlyDividend Achiever · 14yrSafePLOW pays a dividend with a 2.65% dividend yield, 14 consecutive years of growth, growing at 0.96% annually, covered 2.3× by free cash flow.
Dividend Yield
2.65%
Annual Div / Share
$1.18
5yr CAGR
+0.96%
Doubles every ~72.6yr
Payout Ratio
59.57%
Safe
Dividend Growth Rate
3yr CAGR
+0.43%
5yr CAGR
+0.96%
10yr CAGR
+2.72%
Dividend Safety
9/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$1.18+0.0%
2024$1.18+0.0%
2023$1.18+1.3%
2022$1.17+1.7%
2021$1.15+1.8%
2020$1.13+2.5%
2019$1.10+2.8%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$26/yr
$2/mo
In 5 yrs
$28/yr+5%
$2/mo
In 10 yrs
$29/yr+10%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$26/yr $2/mo | $28/yr+5% $2/mo | $29/yr+10% $2/mo |
Yield-on-cost grows from 2.65% → 2.91% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
PLOW has raised its dividend for 14 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.