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/PLOW
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Douglas Dynamics Inc

Douglas Dynamics Inc

PLOW
$40.24USD-0.69%-0.28 today

MARKET CAP

928.6M

P/E (TTM)

15.6x

FWD P/E

12.4x

DAY RANGE

$40 – $41

52W RANGE

$29
$55

AI Summary

Stalk
TrimMedium

PLOW remains in a Stage 4 LH/LL decline despite a minor bounce, with price consolidating just above flat short-term EMAs. The medium-term bias is bearish due to distribution pressure and failed recovery attempts, and short-term timing is neutral as no clear exhaustion or breakout signal has emerged. The recommended approach is to defer selling into rallies around the 9/21/50 EMA cluster, expecting rejection at resistance while watching for a breakdown below the EMA zone to confirm renewed downside.

  • Q2 net sales $214.6M (+10% YoY); full-year revenue guidance upped to $765–805M.
  • Record adjusted EBITDA of $44.6M driven by operational efficiency and solid backlog.
  • Commercial segment demand softens as end users delay spending.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$541.5M$616.1M$568.2M$568.5M$656.1M
YoY %+12.8%+13.8%-7.8%+0.1%+15.4%
P / Sales1.7x1.4x1.2x1.0x1.2x
EV / Sales2.2x1.9x1.8x1.5x1.7x
Gross Profit, Adj.$141.9M$151.5M$134.3M$146.8M$174.7M
YoY %+10.6%+6.8%-11.3%+9.4%+19.0%
Margin %26.2%24.6%23.6%25.8%26.6%
EV / Gross Profit8.6x7.7x7.5x6.0x6.3x
EBITDA, Adj.$74.4M$79.7M$66.6M$65.5M$89.0M
YoY %+2.7%+7.1%-16.5%-1.6%+35.8%
Margin %13.7%12.9%11.7%11.5%13.6%
EV / EBITDA16.4x14.7x15.1x13.4x12.5x
EBIT$51.1M$58.8M$44.9M$46.4M$73.6M
YoY %+168.1%+14.9%-23.6%+3.3%+58.6%
Margin %9.4%9.5%7.9%8.2%11.2%
EV / EBIT23.8x19.9x22.3x18.9x15.1x
Net Income$30.2M$37.9M$23.2M$55.1M$45.8M
YoY %+134.9%+25.4%-38.7%+137.4%-16.7%
Net Margin5.6%6.1%4.1%9.7%7.0%
EPS (GAAP)$1.29$1.63$0.98$2.36$1.96
YoY %+133.9%+26.4%-39.9%+140.8%-16.9%