Douglas Dynamics share price today
Douglas Dynamics, Inc. · PLOW · Consumer Discretionary · Auto Parts · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Douglas Dynamics share price: $38.12 at the close on 4 November 2026, +23.9% in a year.
Douglas Dynamics, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
The main question: the share price moved +23.9% in a year while yearly earnings per share moved −17.1%. The difference came from the market paying a higher multiple.
The price has been between phases. Over the last four quarters, results have been deteriorating, with profit −1.9% on a year earlier, and 103% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.
What is the Douglas Dynamics share price today?
Douglas Dynamics, Inc.'s share price was $38.12 at the close on 4 November 2026. That is 11.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $31 and $54, and at that close it sat 32% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 18 weeks running.
Nov 2026: $38.12, 11.5% below its 200-day average.
- Price $38.12
- 50-day avg $40.05
- 200-day avg $43.08
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $30.37 | – | – |
| 18 Jul 2025 | $28.76 | – | – |
| 25 Jul 2025 | $29.25 | – | – |
| 1 Aug 2025 | $27.91 | – | – |
| 8 Aug 2025 | $30.88 | – | – |
| 15 Aug 2025 | $31.90 | – | – |
| 22 Aug 2025 | $33.85 | – | – |
| 29 Aug 2025 | $33.67 | – | – |
| 5 Sep 2025 | $33.45 | – | – |
| 12 Sep 2025 | $32.64 | – | – |
| 19 Sep 2025 | $32.33 | $31.32 | – |
| 26 Sep 2025 | $31.50 | $31.54 | – |
| 3 Oct 2025 | $31.36 | $31.74 | – |
| 10 Oct 2025 | $29.75 | $31.90 | – |
| 17 Oct 2025 | $30.30 | $32.02 | – |
| 24 Oct 2025 | $32.15 | $32.01 | – |
| 31 Oct 2025 | $30.23 | $31.88 | – |
| 7 Nov 2025 | $30.76 | $31.55 | – |
| 14 Nov 2025 | $30.89 | $31.33 | – |
| 21 Nov 2025 | $31.07 | $31.06 | – |
| 28 Nov 2025 | $32.31 | $31.03 | – |
| 5 Dec 2025 | $31.81 | $31.03 | – |
| 12 Dec 2025 | $33.90 | $31.22 | – |
| 19 Dec 2025 | $33.69 | $31.51 | – |
| 26 Dec 2025 | $33.38 | $31.77 | – |
| 2 Jan 2026 | $32.99 | $31.96 | – |
| 9 Jan 2026 | $35.92 | $32.31 | – |
| 16 Jan 2026 | $36.53 | $32.92 | – |
| 23 Jan 2026 | $37.10 | $33.39 | – |
| 30 Jan 2026 | $37.68 | $34.05 | – |
| 6 Feb 2026 | $40.37 | $34.94 | – |
| 13 Feb 2026 | $42.25 | $35.84 | – |
| 20 Feb 2026 | $42.79 | $36.67 | – |
| 27 Feb 2026 | $45.92 | $37.84 | – |
| 6 Mar 2026 | $43.27 | $39.01 | – |
| 13 Mar 2026 | $40.86 | $39.93 | – |
| 20 Mar 2026 | $40.49 | $40.63 | – |
| 27 Mar 2026 | $41.42 | $41.24 | – |
| 2 Apr 2026 | $41.91 | $41.67 | – |
| 10 Apr 2026 | $46.35 | $42.38 | – |
| 17 Apr 2026 | $46.19 | $43.13 | – |
| 24 Apr 2026 | $46.45 | $43.68 | $35.36 |
| 1 May 2026 | $46.12 | $44.02 | $35.75 |
| 8 May 2026 | $45.29 | $44.19 | $36.18 |
| 15 May 2026 | $44.24 | $44.11 | $36.58 |
| 22 May 2026 | $44.20 | $44.18 | $36.95 |
| 29 May 2026 | $44.55 | $44.49 | $37.23 |
| 5 Jun 2026 | $44.46 | $44.78 | $37.54 |
| 12 Jun 2026 | $47.19 | $45.20 | $37.87 |
| 18 Jun 2026 | $49.40 | $45.60 | $38.15 |
| 26 Jun 2026 | $53.89 | $46.11 | $38.61 |
| 2 Jul 2026 | $50.27 | $46.67 | $39.00 |
| 10 Jul 2026 | $43.01 | $46.50 | $39.29 |
| 17 Jul 2026 | $44.62 | $46.28 | $39.61 |
| 24 Jul 2026 | $46.18 | $46.36 | $39.99 |
| 31 Jul 2026 | $44.13 | $46.32 | $40.33 |
| 7 Aug 2026 | $44.36 | $46.31 | $40.67 |
| 14 Aug 2026 | $42.28 | $46.09 | $40.94 |
| 21 Aug 2026 | $42.18 | $45.73 | $41.21 |
| 28 Aug 2026 | $41.82 | $45.18 | $41.49 |
| 4 Sep 2026 | $42.30 | $44.27 | $41.75 |
| 11 Sep 2026 | $40.24 | $43.25 | $41.97 |
| 18 Sep 2026 | $39.89 | $42.67 | $42.15 |
| 25 Sep 2026 | $39.74 | $42.27 | $42.35 |
| 2 Oct 2026 | $40.51 | $41.66 | $42.51 |
| 9 Oct 2026 | $39.19 | $41.22 | $42.66 |
| 16 Oct 2026 | $39.54 | $40.76 | $42.82 |
| 23 Oct 2026 | $39.80 | $40.48 | $42.97 |
| 30 Oct 2026 | $39.49 | $40.27 | $43.06 |
| 4 Nov 2026 | $38.12 | $40.05 | $43.08 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 27 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −6.8% |
| 17 Oct 2025 | −0.5% |
| 24 Oct 2025 | +3.6% |
| 31 Oct 2025 | −1.4% |
| 7 Nov 2025 | −5.7% |
| 14 Nov 2025 | −7.6% |
| 21 Nov 2025 | −10.3% |
| 28 Nov 2025 | −10.0% |
| 5 Dec 2025 | −10.8% |
| 12 Dec 2025 | +0.2% |
| 19 Dec 2025 | +1.7% |
| 26 Dec 2025 | +1.7% |
| 2 Jan 2026 | +3.1% |
| 9 Jan 2026 | +14.5% |
| 16 Jan 2026 | +16.5% |
| 23 Jan 2026 | +13.6% |
| 30 Jan 2026 | +23.2% |
| 6 Feb 2026 | +28.3% |
| 13 Feb 2026 | +35.3% |
| 20 Feb 2026 | +33.1% |
| 27 Feb 2026 | +41.7% |
| 6 Mar 2026 | +38.0% |
| 13 Mar 2026 | +23.4% |
| 20 Mar 2026 | +24.9% |
| 27 Mar 2026 | +32.2% |
| 2 Apr 2026 | +31.0% |
| 10 Apr 2026 | +31.1% |
| 17 Apr 2026 | +23.8% |
| 24 Apr 2026 | +21.6% |
| 1 May 2026 | +18.3% |
| 8 May 2026 | +5.4% |
| 15 May 2026 | −3.7% |
| 22 May 2026 | −4.9% |
| 29 May 2026 | −13.3% |
| 5 Jun 2026 | −6.9% |
| 12 Jun 2026 | +3.5% |
| 18 Jun 2026 | +6.9% |
| 26 Jun 2026 | +15.1% |
| 2 Jul 2026 | +6.4% |
| 10 Jul 2026 | −18.3% |
| 17 Jul 2026 | −8.1% |
| 24 Jul 2026 | −4.1% |
| 31 Jul 2026 | −8.0% |
| 7 Aug 2026 | −6.9% |
| 14 Aug 2026 | −9.5% |
| 21 Aug 2026 | −7.3% |
| 28 Aug 2026 | −7.8% |
| 4 Sep 2026 | −9.3% |
| 11 Sep 2026 | −17.8% |
| 18 Sep 2026 | −21.3% |
| 25 Sep 2026 | −32.1% |
| 2 Oct 2026 | −22.8% |
| 9 Oct 2026 | −12.0% |
| 16 Oct 2026 | −14.1% |
| 23 Oct 2026 | −16.7% |
| 30 Oct 2026 | −11.7% |
| 4 Nov 2026 | −13.2% |
Over the last 1 year the share price moved +26% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 2 July 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Douglas Dynamics pay?
Douglas Dynamics, Inc. paid $1.18 per share over the last four reported quarters. The most recent declaration was $0.29 for Jun 2026. At today's price of $38.12 that is a yield of 3.10%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.29 (Jun 2026)
- Dividend per share $0.29
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.30 |
| Dec 2023 | $0.29 |
| Mar 2024 | $0.30 |
| Jun 2024 | $0.30 |
| Sep 2024 | $0.30 |
| Dec 2024 | $0.29 |
| Mar 2025 | $0.30 |
| Jun 2025 | $0.30 |
| Sep 2025 | $0.29 |
| Dec 2025 | $0.29 |
| Mar 2026 | $0.29 |
| Jun 2026 | $0.29 |
Which stock lists is Douglas Dynamics on?
Douglas Dynamics is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Douglas Dynamics profitable?
Douglas Dynamics, Inc. earned $24.9 M of net profit in the Jun 2026 quarter, −1.9% on the same quarter a year earlier. Full-year FY25 profit was $45.8 M. Over 4 years profit has grown 11.0% a year on average. That is 11.6% of the quarter's revenue. The same quarter a year earlier earned $25.4 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
1 of the last 12 reported quarters were loss-making.
For the full year, FY25 profit was $45.8 M (−16.7% on the year before).
FY25 profit $45.8 M (−16.7% on the year before), 11.0% a year over 4 years
- Net profit $45.8 M
| Quarter | Net profit |
|---|---|
| FY21 | $30.2 M |
| FY22 | $37.9 M |
| FY23 | $23.2 M |
| FY24 | $55.1 M |
| FY25 | $45.8 M |
Growth on a year earlier
- Growth on a year earlier −16.7%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 25.4% |
| FY23 | −38.7% |
| FY24 | 137.4% |
| FY25 | −16.7% |
Jun 2026: $24.9 M (−1.9% on a year earlier)
- Net profit (quarterly) $24.9 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $5.7 M |
| Dec 2023 | $6.9 M |
| Mar 2024 | −$8.4 M |
| Jun 2024 | $23.7 M |
| Sep 2024 | $31.6 M |
| Dec 2024 | $7.7 M |
| Mar 2025 | $0.1 M |
| Jun 2025 | $25.4 M |
| Sep 2025 | $7.8 M |
| Dec 2025 | $12.6 M |
| Mar 2026 | $6.3 M |
| Jun 2026 | $24.9 M |
Growth on a year earlier
- Growth on a year earlier −1.9%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −56.5% |
| Dec 2023 | −38.7% |
| Mar 2024 | – |
| Jun 2024 | 1.2% |
| Sep 2024 | 457.7% |
| Dec 2024 | 11.4% |
| Mar 2025 | – |
| Jun 2025 | 7% |
| Sep 2025 | −75.4% |
| Dec 2025 | 63% |
| Mar 2026 | 4,364.3% |
| Jun 2026 | −1.9% |
Why profit moved: revenue changed +10.5% on a year earlier and the margin moved −2.5 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed +1,087.5% and revenue +21.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.
How much revenue does Douglas Dynamics make, and is it growing?
Douglas Dynamics, Inc. reported $215 M of revenue in the Jun 2026 quarter, +10.5% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown 4.9% a year on average. The last full year, FY25, came in at $656 M.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $699 M.
FY25 revenue was $656 M, +15.4% on the year before.
FY25 revenue $656 M (+15.4% on the year before), 4.9% a year over 4 years
- Revenue $656 M
| Quarter | Revenue |
|---|---|
| FY21 | $541 M |
| FY22 | $616 M |
| FY23 | $568 M |
| FY24 | $569 M |
| FY25 | $656 M |
Growth on a year earlier
- Growth on a year earlier 15.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 13.8% |
| FY23 | −7.8% |
| FY24 | 0.1% |
| FY25 | 15.4% |
Jun 2026: $215 M (+10.5% on a year earlier), the 4th quarter in a row of growth
- Revenue (quarterly) $215 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $144 M |
| Dec 2023 | $134 M |
| Mar 2024 | $95.7 M |
| Jun 2024 | $200 M |
| Sep 2024 | $129 M |
| Dec 2024 | $144 M |
| Mar 2025 | $115 M |
| Jun 2025 | $194 M |
| Sep 2025 | $162 M |
| Dec 2025 | $185 M |
| Mar 2026 | $138 M |
| Jun 2026 | $215 M |
Growth on a year earlier
- Growth on a year earlier 10.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −13.2% |
| Dec 2023 | −16% |
| Mar 2024 | 15.9% |
| Jun 2024 | −3.6% |
| Sep 2024 | −10.2% |
| Dec 2024 | 6.9% |
| Mar 2025 | 20.3% |
| Jun 2025 | −2.8% |
| Sep 2025 | 25.3% |
| Dec 2025 | 28.6% |
| Mar 2026 | 19.8% |
| Jun 2026 | 10.5% |
Recent pace: the last four quarters grew +21.1% on average, against 4.9% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +20.1%, against +10.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −20.6%, against +35.7% a year (rolling over).
How much of every $100 of sales does Douglas Dynamics keep?
Douglas Dynamics, Inc.'s operating margin was 16.5% in the Jun 2026 quarter, 2.5 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 7.9% and 11.2%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Across 5 years it has been between 7.9% and 11.2%, and FY25's 11.2% is the highest of them.
Why the margin moved: operating margin changed −2.5 percentage points on the year while gross margin changed +0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.
FY25: 11.2%, the highest in a range of 7.9% to 11.2% over 5 years
- Operating margin 11.2%
| Quarter | Operating margin |
|---|---|
| FY21 | 9.7% |
| FY22 | 9.5% |
| FY23 | 7.9% |
| FY24 | 8.4% |
| FY25 | 11.2% |
Change on the year before (points)
- Change on the year before (points) +2.8 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −0.2 pts |
| FY23 | −1.6 pts |
| FY24 | +0.5 pts |
| FY25 | +2.8 pts |
Jun 2026: operating margin 16.5% (−2.5 points on a year earlier)
- Operating margin 16.5%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 8% |
| Dec 2023 | 9.4% |
| Mar 2024 | −5.4% |
| Jun 2024 | 18.2% |
| Sep 2024 | 2.7% |
| Dec 2024 | 9% |
| Mar 2025 | 2.8% |
| Jun 2025 | 19% |
| Sep 2025 | 8.7% |
| Dec 2025 | 10.5% |
| Mar 2026 | 7.2% |
| Jun 2026 | 16.5% |
Change on a year earlier (points)
- Change on a year earlier (points) −2.5 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −3.7 pts |
| Dec 2023 | −1.0 pts |
| Mar 2024 | +11.3 pts |
| Jun 2024 | +1.5 pts |
| Sep 2024 | −5.3 pts |
| Dec 2024 | −0.4 pts |
| Mar 2025 | +8.2 pts |
| Jun 2025 | +0.8 pts |
| Sep 2025 | +6.0 pts |
| Dec 2025 | +1.5 pts |
| Mar 2026 | +4.4 pts |
| Jun 2026 | −2.5 pts |
Is Douglas Dynamics' profit turning into cash?
Over the last 3 years, 103% of Douglas Dynamics, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $74.7 M of operating cash against $45.8 M of profit. After $11.1 M of spending on assets, $63.6 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $74.7 M against profit $45.8 M; 103% of 3 years' profit came in as cash
- Operating cash $74.7 M
- Net profit $45.8 M
- Free cash $63.6 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $60.5 M | $30.2 M | $49.3 M |
| FY22 | $40.0 M | $37.9 M | $28.0 M |
| FY23 | $12.5 M | $23.2 M | $1.9 M |
| FY24 | $41.1 M | $55.1 M | $33.3 M |
| FY25 | $74.7 M | $45.8 M | $63.6 M |
Jun 2026: operating cash −$24.2 M = −97% of the quarter's profit
- Operating cash (quarterly) −$24.2 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $2.1 M |
| Dec 2023 | $76.6 M |
| Mar 2024 | −$21.6 M |
| Jun 2024 | $2.5 M |
| Sep 2024 | −$14.2 M |
| Dec 2024 | $74.4 M |
| Mar 2025 | −$1.3 M |
| Jun 2025 | −$11.4 M |
| Sep 2025 | −$8.5 M |
| Dec 2025 | $95.9 M |
| Mar 2026 | −$1.0 M |
| Jun 2026 | −$24.2 M |
Operating cash as % of profit
- Operating cash as % of profit −97%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 37% |
| Dec 2023 | 1,108% |
| Mar 2024 | – |
| Jun 2024 | 11% |
| Sep 2024 | −45% |
| Dec 2024 | 966% |
| Mar 2025 | −955% |
| Jun 2025 | −45% |
| Sep 2025 | −109% |
| Dec 2025 | 764% |
| Mar 2026 | −16% |
| Jun 2026 | −97% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Douglas Dynamics' cash go?
Douglas Dynamics, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $29.5 M on assets over the last 3 years. Averaged over those years that is 1.5% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $29.5 M over the last 3 years.
FY25: capex $11.1 M, steady spending
- Capex $11.1 M
| Quarter | Capex |
|---|---|
| FY21 | $11.2 M |
| FY22 | $12.0 M |
| FY23 | $10.5 M |
| FY24 | $7.8 M |
| FY25 | $11.1 M |
Jun 2026: capex $4.1 M in the quarter
- Capex (quarterly) $4.1 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $2.4 M |
| Dec 2023 | $2.8 M |
| Mar 2024 | $1.3 M |
| Jun 2024 | $1.4 M |
| Sep 2024 | $1.2 M |
| Dec 2024 | $3.8 M |
| Mar 2025 | $2.2 M |
| Jun 2025 | $3.0 M |
| Sep 2025 | $2.9 M |
| Dec 2025 | $3.1 M |
| Mar 2026 | $3.2 M |
| Jun 2026 | $4.1 M |
Free cash
- Free cash −$28.3 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | −$0.4 M |
| Dec 2023 | $73.8 M |
| Mar 2024 | −$22.9 M |
| Jun 2024 | $1.1 M |
| Sep 2024 | −$15.4 M |
| Dec 2024 | $70.6 M |
| Mar 2025 | −$3.5 M |
| Jun 2025 | −$14.3 M |
| Sep 2025 | −$11.4 M |
| Dec 2025 | $92.8 M |
| Mar 2026 | −$4.2 M |
| Jun 2026 | −$28.3 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Douglas Dynamics' P/E ratio, and how does it compare with its own history?
Douglas Dynamics, Inc.'s P/E is 13.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 13.8× against a usual —: with too little history to compare
- P/E 17.3×
| Week | P/E |
|---|---|
| 11 Jul 2025 | 10.9× |
| 18 Jul 2025 | 10.3× |
| 25 Jul 2025 | 10.5× |
| 1 Aug 2025 | 10.0× |
| 8 Aug 2025 | 11.1× |
| 15 Aug 2025 | 11.5× |
| 22 Aug 2025 | 12.2× |
| 29 Aug 2025 | 12.1× |
| 5 Sep 2025 | 12.0× |
| 12 Sep 2025 | 11.8× |
| 19 Sep 2025 | 11.6× |
| 26 Sep 2025 | 11.3× |
| 3 Oct 2025 | 17.9× |
| 10 Oct 2025 | 17.0× |
| 17 Oct 2025 | 17.3× |
| 24 Oct 2025 | 18.4× |
| 31 Oct 2025 | 17.3× |
| 7 Nov 2025 | 17.6× |
| 14 Nov 2025 | 17.7× |
| 21 Nov 2025 | 17.8× |
| 28 Nov 2025 | 18.5× |
| 5 Dec 2025 | 18.2× |
| 12 Dec 2025 | 19.4× |
| 19 Dec 2025 | 19.3× |
| 26 Dec 2025 | 19.1× |
| 2 Jan 2026 | 16.9× |
| 9 Jan 2026 | 18.4× |
| 16 Jan 2026 | 18.7× |
| 23 Jan 2026 | 18.9× |
| 30 Jan 2026 | 19.2× |
| 6 Feb 2026 | 20.6× |
| 13 Feb 2026 | 21.6× |
| 20 Feb 2026 | 21.9× |
| 27 Feb 2026 | 23.4× |
| 6 Mar 2026 | 22.1× |
| 13 Mar 2026 | 20.9× |
| 20 Mar 2026 | 20.7× |
| 27 Mar 2026 | 21.1× |
| 2 Apr 2026 | 18.8× |
| 10 Apr 2026 | 20.8× |
| 17 Apr 2026 | 20.8× |
| 24 Apr 2026 | 20.9× |
| 1 May 2026 | 20.7× |
| 8 May 2026 | 20.4× |
| 15 May 2026 | 19.9× |
| 22 May 2026 | 19.9× |
| 29 May 2026 | 20.0× |
| 5 Jun 2026 | 20.0× |
| 12 Jun 2026 | 21.2× |
| 18 Jun 2026 | 22.2× |
| 26 Jun 2026 | 23.4× |
| 2 Jul 2026 | 22.8× |
| 10 Jul 2026 | 19.5× |
| 17 Jul 2026 | 20.3× |
| 24 Jul 2026 | 20.9× |
| 31 Jul 2026 | 20.0× |
| 7 Aug 2026 | 20.1× |
| 14 Aug 2026 | 19.2× |
| 21 Aug 2026 | 19.1× |
| 28 Aug 2026 | 19.0× |
| 4 Sep 2026 | 19.2× |
| 11 Sep 2026 | 18.3× |
| 18 Sep 2026 | 18.1× |
| 25 Sep 2026 | 18.0× |
| 2 Oct 2026 | 18.4× |
| 9 Oct 2026 | 17.8× |
| 16 Oct 2026 | 17.9× |
| 23 Oct 2026 | 18.1× |
| 30 Oct 2026 | 17.9× |
| 4 Nov 2026 | 17.3× |
Earnings per share, 12 months
- Earnings per share, 12 months $2.20
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $2.78 |
| 3 Oct 2025 | $2.78 |
| 10 Oct 2025 | $2.78 |
| 17 Oct 2025 | $2.78 |
| 24 Oct 2025 | $2.78 |
| 31 Oct 2025 | $2.78 |
| 7 Nov 2025 | $2.78 |
| 14 Nov 2025 | $2.78 |
| 21 Nov 2025 | $2.78 |
| 28 Nov 2025 | $2.78 |
| 5 Dec 2025 | $2.78 |
| 12 Dec 2025 | $2.78 |
| 19 Dec 2025 | $2.78 |
| 26 Dec 2025 | $1.75 |
| 2 Jan 2026 | $1.75 |
| 9 Jan 2026 | $1.75 |
| 16 Jan 2026 | $1.75 |
| 23 Jan 2026 | $1.75 |
| 30 Jan 2026 | $1.75 |
| 6 Feb 2026 | $1.75 |
| 13 Feb 2026 | $1.75 |
| 20 Feb 2026 | $1.75 |
| 27 Feb 2026 | $1.75 |
| 6 Mar 2026 | $1.75 |
| 13 Mar 2026 | $1.75 |
| 20 Mar 2026 | $1.75 |
| 27 Mar 2026 | $1.96 |
| 2 Apr 2026 | $1.96 |
| 10 Apr 2026 | $1.96 |
| 17 Apr 2026 | $1.96 |
| 24 Apr 2026 | $1.96 |
| 1 May 2026 | $1.96 |
| 8 May 2026 | $1.96 |
| 15 May 2026 | $1.96 |
| 22 May 2026 | $1.96 |
| 29 May 2026 | $1.96 |
| 5 Jun 2026 | $1.96 |
| 12 Jun 2026 | $1.96 |
| 18 Jun 2026 | $1.96 |
| 26 Jun 2026 | $2.22 |
| 2 Jul 2026 | $2.22 |
| 10 Jul 2026 | $2.22 |
| 17 Jul 2026 | $2.22 |
| 24 Jul 2026 | $2.22 |
| 31 Jul 2026 | $2.22 |
| 7 Aug 2026 | $2.22 |
| 14 Aug 2026 | $2.22 |
| 21 Aug 2026 | $2.22 |
| 28 Aug 2026 | $2.22 |
| 4 Sep 2026 | $2.22 |
| 11 Sep 2026 | $2.22 |
| 18 Sep 2026 | $2.22 |
| 25 Sep 2026 | $2.20 |
| 2 Oct 2026 | $2.20 |
| 9 Oct 2026 | $2.20 |
| 16 Oct 2026 | $2.20 |
| 23 Oct 2026 | $2.20 |
| 30 Oct 2026 | $2.20 |
| 4 Nov 2026 | $2.20 |
PEG 1.13 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 1.13×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 1.76× | 1.00× |
| Dec 2021 | 2.27× | 1.00× |
| Mar 2022 | 2.34× | 1.00× |
| Jun 2022 | 1.46× | 1.00× |
| Sep 2022 | 1.37× | 1.00× |
| Dec 2022 | 1.48× | 1.00× |
| Mar 2023 | 1.05× | 1.00× |
| Jun 2023 | 1.12× | 1.00× |
| Sep 2023 | 1.16× | 1.00× |
| Dec 2023 | 1.33× | 1.00× |
| Mar 2024 | 1.10× | 1.00× |
| Jun 2024 | 1.04× | 1.00× |
| Sep 2024 | 1.21× | 1.00× |
| Dec 2024 | 1.07× | 1.00× |
| Mar 2025 | 0.89× | 1.00× |
| Jun 2025 | 1.05× | 1.00× |
| Sep 2025 | 1.07× | 1.00× |
| Dec 2025 | 0.65× | 1.00× |
| Mar 2026 | 1.11× | 1.00× |
| Jun 2026 | 1.13× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −17.1% while the price moved +23.9%. The price did better than earnings, which pushed the multiple up within its own range.
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the Douglas Dynamics business getting better or worse?
Douglas Dynamics, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −20.6% in the latest quarter, against +138.7% at its best in 12 quarters, with ROCE steady at 14.5%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +15.4% in FY25, profit −16.7%
- Revenue growth 15.4%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 13.8% |
| FY23 | −7.8% |
| FY24 | 0.1% |
| FY25 | 15.4% |
Profit growth, EPS growth
- Profit growth −16.7%
- EPS growth −17.1%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | 25.4% | 26.4% |
| FY23 | −38.7% | −39.9% |
| FY24 | 137.4% | 141.3% |
| FY25 | −16.7% | −17.1% |
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
- Revenue 20.1%
| Quarter | Revenue |
|---|---|
| Sep 2023 | −2.5% |
| Dec 2023 | −7.8% |
| Mar 2024 | −2.5% |
| Jun 2024 | −6.8% |
| Sep 2024 | −5.8% |
| Dec 2024 | 0.1% |
| Mar 2025 | 1.1% |
| Jun 2025 | 1.5% |
| Sep 2025 | 10% |
| Dec 2025 | 15.4% |
| Mar 2026 | 15.5% |
| Jun 2026 | 20.1% |
Profit, EPS
- Profit −20.6%
- EPS −20.7%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −22.5% | −22.6% |
| Dec 2023 | −39.4% | −40.7% |
| Mar 2024 | −3.2% | −4.1% |
| Jun 2024 | −19.3% | −20.3% |
| Sep 2024 | 97.5% | 98.4% |
| Dec 2024 | 138.7% | 143.8% |
| Mar 2025 | 128.3% | 131.6% |
| Jun 2025 | 132% | 135.5% |
| Sep 2025 | −23.9% | −24% |
| Dec 2025 | −16.1% | −16.3% |
| Mar 2026 | −17.7% | −17.9% |
| Jun 2026 | −20.6% | −20.7% |
ROCE: the return line, worked out each quarter
- ROCE 14.5%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 10% |
| Dec 2023 | 9.2% |
| Mar 2024 | 11.6% |
| Jun 2024 | 11.5% |
| Sep 2024 | 9.4% |
| Dec 2024 | 9.6% |
| Mar 2025 | 11.7% |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | 14.5% |
Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +15.4% | +2.1% | — | — |
| Profit | −16.7% | +6.6% | — | — |
| EPS | −17.1% | +6.3% | — | — |
| Stock price | +23.9% | — | — | — |
How much does Douglas Dynamics earn on its capital?
Douglas Dynamics, Inc. earned a ROE of 16% in FY25. That is up from a low of 10% in FY23. Its return on capital used (ROIC) is 3.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.0% net margin and 1.05× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 7.0% net margin × 1.05× asset turnover × 2.23× leverage (assets divided by equity) ≈ 16.4% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 11.9% − 8.3% = +3.6 percentage points. The 8.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.
FY25: ROE 16%, the climb back from FY23's 10%
- ROE 16.3%
- ROIC (annual) 11.6%
- Cost of capital 8.3%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 14.1% | 10.8% | 8.3% |
| FY22 | 16% | 11.1% | 8.3% |
| FY23 | 10% | 8.1% | 8.3% |
| FY24 | 20.8% | 7.7% | 8.3% |
| FY25 | 16.3% | 11.6% | 8.3% |
Jun 2026: ROIC 11.9% (last 12 months) against a 8.3% cost of capital
- ROIC (12 months) 11.9%
- ROE (12 months) 9.1%
- Cost of capital 8.3%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 8.4% | 42.2% | 8.3% |
| Dec 2023 | 7.1% | 9.8% | 8.3% |
| Mar 2024 | 6.3% | 12.1% | 8.3% |
| Jun 2024 | 8.2% | −14.9% | 8.3% |
| Sep 2024 | 8.5% | 42.9% | 8.3% |
| Dec 2024 | 7.2% | 51.9% | 8.3% |
| Mar 2025 | 7% | 12% | 8.3% |
| Jun 2025 | 8.3% | 0.2% | 8.3% |
| Sep 2025 | 8.1% | 39% | 8.3% |
| Dec 2025 | 9.6% | 11.6% | 8.3% |
| Mar 2026 | 10.5% | 18.4% | 8.3% |
| Jun 2026 | 11.9% | 9.1% | 8.3% |
Does Douglas Dynamics have too much debt?
Douglas Dynamics, Inc. has total debt of $291 M against shareholder equity of $300 M as of Jun 2026, so its debt is 0.97× its equity. Year by year, that ratio went from 1.15 in FY21 to 0.78 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $219 M, 0.78× equity
- Total debt $219 M
| Quarter | Total debt |
|---|---|
| FY21 | $246 M |
| FY22 | $229 M |
| FY23 | $257 M |
| FY24 | $222 M |
| FY25 | $219 M |
Debt-to-equity
- Debt-to-equity 0.78×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 1.15× |
| FY22 | 0.97× |
| FY23 | 1.11× |
| FY24 | 0.84× |
| FY25 | 0.78× |
Jun 2026: debt $291 M, debt-to-equity 0.97
- Total debt (quarterly) $291 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $312 M |
| Dec 2023 | $257 M |
| Mar 2024 | $265 M |
| Jun 2024 | $274 M |
| Sep 2024 | $288 M |
| Dec 2024 | $222 M |
| Mar 2025 | $251 M |
| Jun 2025 | $277 M |
| Sep 2025 | $296 M |
| Dec 2025 | $219 M |
| Mar 2026 | $235 M |
| Jun 2026 | $291 M |
Debt-to-equity
- Debt-to-equity 0.97×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 1.32× |
| Dec 2023 | 1.11× |
| Mar 2024 | 1.22× |
| Jun 2024 | 1.16× |
| Sep 2024 | 1.11× |
| Dec 2024 | 0.84× |
| Mar 2025 | 0.97× |
| Jun 2025 | 1.01× |
| Sep 2025 | 1.08× |
| Dec 2025 | 0.78× |
| Mar 2026 | 0.84× |
| Jun 2026 | 0.97× |
What is the Douglas Dynamics shareholding pattern?
2.3% of Douglas Dynamics, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Douglas Dynamics from balance-sheet trouble?
For Douglas Dynamics, Inc., the Z-score is 3.06. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 3.06 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Douglas Dynamics rank in its industry?
There is no score against its industry: Douglas Dynamics, Inc. is not among the largest members shown in this industry comparison for Auto Parts.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Douglas Dynamics compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Douglas Dynamics in size?
Douglas Dynamics is the 30th largest of 43 Auto Parts companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: XPEL, Inc., Dauch Corporation and Standard Motor Products, Inc. Just below it: Fox Factory Holding Corp., Miller Industries, Inc. and Hyliion Holdings Corp.
Auto Parts companies close in size
- XPEL, Inc. $1.2 billion
- Dauch Corporation $1.1 billion
- Standard Motor Products, Inc. $1 billion
- Douglas Dynamics, Inc. $880 million
- Fox Factory Holding Corp. $730 million
- Miller Industries, Inc. $591 million
- Hyliion Holdings Corp. $536 million
All 43 Auto Parts companies, largest first
Companies close in size in other industries
- Theravance Biopharma, Inc. $884 million · Biotechnology
- Pharming Group N.V. $880 million · Biotechnology
- Douglas Dynamics, Inc. $880 million
- JBG SMITH Properties $880 million · REIT - Diversified
- OrthoPediatrics Corp. $875 million · Medical Devices
What else do people ask about Douglas Dynamics?
What were Douglas Dynamics's latest quarterly results?
Douglas Dynamics, Inc. reported revenue of $215 M and net profit of $24.9 M for the Jun 2026 quarter. Revenue rose 10.5% and profit fell 1.9% compared with a year earlier. Earnings per share were $1.07.
The operating margin was 16.5%, 2.5 percentage points lower than a year earlier (as of 4 November 2026).
What is Douglas Dynamics's market cap?
Douglas Dynamics, Inc.'s market capitalisation is $880 M at a stock price of $38.12. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Douglas Dynamics performing?
Douglas Dynamics, Inc.'s latest readings are below. In its latest quarter, revenue rose 10.5% and profit fell 1.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 18 weeks running.
This describes what the data did, not a rating (as of 4 November 2026).
Will Douglas Dynamics's stock price go up?
This page does not forecast Douglas Dynamics, Inc.'s stock price. What it shows instead: the stock price is $38.12. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is Douglas Dynamics in its business cycle?
Douglas Dynamics, Inc.'s FY25 operating margin was 11.2%, against a 5-year range of 7.9% to 11.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 16.5%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Douglas Dynamics story?
The main question: the share price moved +23.9% in a year while yearly earnings per share moved −17.1%. The difference came from the market paying a higher multiple.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Douglas Dynamics a stock worth studying right now?
What the numbers show: Douglas Dynamics, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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