Douglas Dynamics, Inc (PLOW) stock
PLOWNYSEConstruction Machinery & EquipFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 21/3010% below fair value
$37.44−0.10 (-0.27%)
Close on Nov 13, 2026Market cap $864.01MP/E 17.0Yield 3.15%
Douglas Dynamics operating margin
Operating margin is operating income as a percentage of revenue.
Douglas Dynamics's operating margin for the twelve months ending Jun 30, 2026 was 11.3%. For fiscal 2025 it was 11.2%, against 15.6% the year before. The highest annual figure on record is 23.8% in fiscal 2014.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11.2% | −4.4 |
| FY2024 | Dec 31, 2024 | 15.6% | +7.7 |
| FY2023 | Dec 31, 2023 | 7.9% | −1.6 |
| FY2022 | Dec 31, 2022 | 9.5% | +0.1 |
| FY2021 | Dec 31, 2021 | 9.4% | +25.1 |
| FY2020 | Dec 31, 2020 | -15.6% | −30.8 |
| FY2019 | Dec 31, 2019 | 15.1% | +1.1 |
| FY2018 | Dec 31, 2018 | 14.0% | −0.9 |
| FY2017 | Dec 31, 2017 | 14.9% | −1.9 |
| FY2016 | Dec 31, 2016 | 16.8% | −2.5 |
| FY2015 | Dec 31, 2015 | 19.3% | −4.5 |
| FY2014 | Dec 31, 2014 | 23.8% | +9.6 |
| FY2013 | Dec 31, 2013 | 14.2% | +0.7 |
| FY2012 | Dec 31, 2012 | 13.5% | −5.8 |
| FY2011 | Dec 31, 2011 | 19.2% | +7.1 |
| FY2010 | Dec 31, 2010 | 12.1% | −4.8 |
| FY2009 | Dec 31, 2009 | 16.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 16.5% | −2.5 |
| Q1 FY2026 | Mar 31, 2026 | 7.2% | +4.4 |
| Q4 FY2025 | Dec 31, 2025 | 10.5% | +1.4 |
| Q3 FY2025 | Sep 30, 2025 | 8.7% | −26.7 |
| Q2 FY2025 | Jun 30, 2025 | 19.0% | +0.9 |
| Q1 FY2025 | Mar 31, 2025 | 2.8% | +9.5 |
| Q4 FY2024 | Dec 31, 2024 | 9.0% | −0.4 |
| Q3 FY2024 | Sep 30, 2024 | 35.4% | +27.5 |
| Q2 FY2024 | Jun 30, 2024 | 18.2% | +1.5 |
| Q1 FY2024 | Mar 31, 2024 | -6.7% | +10.0 |
| Q4 FY2023 | Dec 31, 2023 | 9.4% | −1.0 |
| Q3 FY2023 | Sep 30, 2023 | 8.0% | −3.7 |
| Q2 FY2023 | Jun 30, 2023 | 16.7% | +3.0 |
| Q1 FY2023 | Mar 31, 2023 | -16.7% | −13.9 |
| Q4 FY2022 | Dec 31, 2022 | 10.4% | +1.9 |
| Q3 FY2022 | Sep 30, 2022 | 11.7% | +3.6 |
| Q2 FY2022 | Jun 30, 2022 | 13.6% | −1.7 |
| Q1 FY2022 | Mar 31, 2022 | -2.9% | −6.4 |
| Q4 FY2021 | Dec 31, 2021 | 8.5% | −9.1 |
| Q3 FY2021 | Sep 30, 2021 | 8.1% | −5.0 |
| Q2 FY2021 | Jun 30, 2021 | 15.3% | +108.9 |
| Q1 FY2021 | Mar 31, 2021 | 3.5% | +15.6 |
| Q4 FY2020 | Dec 31, 2020 | 17.6% | +2.0 |
| Q3 FY2020 | Sep 30, 2020 | 13.1% | −0.9 |
| Q2 FY2020 | Jun 30, 2020 | -93.6% | −115.2 |
| Q1 FY2020 | Mar 31, 2020 | -12.0% | −15.8 |
| Q4 FY2019 | Dec 31, 2019 | 15.6% | −0.6 |
| Q3 FY2019 | Sep 30, 2019 | 14.1% | +1.7 |
| Q2 FY2019 | Jun 30, 2019 | 21.6% | +1.7 |
| Q1 FY2019 | Mar 31, 2019 | 3.8% | +2.6 |
| Q4 FY2018 | Dec 31, 2018 | 16.2% | −2.4 |
| Q3 FY2018 | Sep 30, 2018 | 12.4% | −3.7 |
| Q2 FY2018 | Jun 30, 2018 | 19.8% | +1.6 |
| Q1 FY2018 | Mar 31, 2018 | 1.2% | +1.8 |
| Q4 FY2017 | Dec 31, 2017 | 18.6% | +0.6 |
| Q3 FY2017 | Sep 30, 2017 | 16.1% | +2.7 |
| Q2 FY2017 | Jun 30, 2017 | 18.3% | – |
| Q1 FY2017 | Mar 31, 2017 | -0.6% | – |
| Q4 FY2016 | Dec 31, 2016 | 17.9% | – |
| Q3 FY2016 | Sep 30, 2016 | 13.3% | – |
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