# Douglas Dynamics Inc. (PLOW) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Auto Components. Price $42.30, market value $976 million.

## Valuation
- **P/E (trailing): 19.2×** (5-yr avg 19.6×, 3-yr avg 17.8×). Douglas Dynamics Inc. trades at 19.2× trailing earnings, close to its own five-year average of 19.6×. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 13.1×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.0×**. Enterprise value is 12.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.0%** (5-yr avg 5.1%). Free cash flow equals 5.0% of the market value, in line with its five-year average of 5.1%. Above 5% is generally attractive.
- **Earnings yield: 5.2%**. The inverse of the P/E: 5.2% of the price is earned each year.

## Profitability
- **Gross margin: 27.3%**. Douglas Dynamics Inc. keeps 27.3% of revenue after the direct cost of what it sells.
- **Operating margin: 11.3%**. 11.3% of revenue is left after running the business.
- **Net margin: 7.1%**. 7.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.7%**. 16.7% on shareholders' equity is solid.
- **Return on invested capital: 14.4%**. Return on all capital, debt included, is 14.4%.
- **Return on assets: 8.4%**. Each dollar of assets produces 8.4% of profit.

## Growth
- **Revenue growth (1 yr): 15.4%** (3-yr 2.1%/yr, 5-yr 6.4%/yr). Revenue grew 15.4% over the last year, against 6.4% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -16.9%** (3-yr 6.3%/yr). Earnings per share fell 16.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 32.2%/yr**. Free cash flow has compounded at 32.2% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.54**. Debt is 0.54 times equity, moderate leverage.
- **Current ratio: 2.78** (quick 2.78). Current assets cover the next year's liabilities 2.78 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.79%** ($1.18 per share, trailing). Douglas Dynamics Inc. yields 2.79%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 60%** (57% of free cash flow). 60% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 1.0%/yr** (1-yr 0.0%). The dividend has grown 1.0% a year over five years.

## Price and momentum
- **Total return (1 yr): 30.2%** (YTD 31.3%, 3-mo -4.3%). The shares are up 30.2% over twelve months including dividends.
- **From 52-week high: -23.1%** (48.3% above the low). Trading 23% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.97** (volatility 35%). Beta of 0.97 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PLOW · Page: https://foliofundamentals.com/stocks/plow

Not investment advice.