Douglas Dynamics, Inc. (PLOW) — Financial statements
Income statement, balance sheet, and cash flow for Douglas Dynamics, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 656↑15.4% | 569↑0.1% | 568↓7.8% | 616↑13.8% | 541 | |
| Cost of Revenue | 488↑15.6% | 422↓2.8% | 434↓6.6% | 465↑16.3% | 400 | |
| Gross Profit | 168↑14.8% | 147↑9.4% | 134↓11.3% | 151↑6.8% | 142 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 8↓16.7% | 10 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 88↑18.4% | 74 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 4↓16.4% | 5 | 0.00 | 0.00 | |
| SG&A Expenses | 95↑3.5% | 92↑16.3% | 79↓4.1% | 82↑4.2% | 79 | |
| Other Expenses | 0.00↑100.0% | -42↓9656.0% | 0.44↓95.8% | 11↓11.5% | 12 | |
| Operating Expenses | 95↑63.2% | 58↓35.0% | 89↓3.6% | 93↑2.2% | 91 | |
| Total Costs & Expenses | 582↑21.4% | 480↓8.3% | 523↓6.1% | 557↑13.7% | 490 | |
| Operating Results | ||||||
| Operating Income | 74↓17.0% | 89↑97.5% | 45↓23.6% | 59↑14.9% | 51 | |
| Depreciation & Amortization | 15↓14.1% | 18↓17.4% | 22↑3.5% | 21↑3.1% | 20 | |
| EBITDA | 89↓16.9% | 107↑60.8% | 67↓16.3% | 80↑19.2% | 67 | |
| EBIT | 74↓17.4% | 89↑98.5% | 45↓23.4% | 59↑26.2% | 46 | |
| Interest & Other Income | ||||||
| Net Interest Income | -12↑20.6% | -15↑2.6% | -16↓39.3% | -11↑4.9% | -12 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 12↓20.6% | 15↓2.6% | 16↑39.3% | 11↓4.9% | 12 | |
| Non-Operating Income | -0.01↑97.3% | -0.44 | 0.00↓100.0% | 0.14↓97.0% | 5 | |
| Other Income / Expenses | -12↑18.3% | -15↑5.5% | -16↓37.6% | -11↑31.2% | -17 | |
| Income Before Tax | 62↓16.8% | 74↑152.8% | 29↓38.3% | 47↑36.9% | 35 | |
| Income Tax Expense | 15↓17.6% | 18↑221.9% | 6↓37.0% | 9↑124.6% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 47↓16.5% | 56↑136.7% | 24↓38.6% | 39↑25.8% | 31 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 47↓16.5% | 56↑136.7% | 24↓38.6% | 39↑25.8% | 31 | |
| Bottom-Line Net Income | 47↓15.6% | 56↑139.7% | 23↓38.7% | 38↑25.4% | 30 | |
| EPS (Basic) | 2.03↓15.1% | 2.39↑136.6% | 1.01↓38.8% | 1.65↑26.0% | 1.31 | |
| EPS (Diluted) | 1.97↓16.5% | 2.36↑133.7% | 1.01↓38.0% | 1.63↑26.4% | 1.29 | |
| Weighted Average Shares | 23↓0.1% | 23↑0.5% | 23↑0.2% | 23↓0.2% | 23 | |
| Weighted Average Diluted Shares | 24↑0.3% | 24↑2.4% | 23↑0.2% | 23↓0.2% | 23 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.