← BackDOUGLAS DYNAMICS, INC · Construction Machinery & EquipPLOW
Low riskNext report: In 6 days (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 11% in the latest quarter vs a year ago
- Pays a 3.0% dividend yield
- Profitable
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 0.1% from their holdings in the quarter ending June 2026 (146 bought, 97 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$39.19-1.4% that day
- Company value
- $904M
- Share price times all shares
- Price vs profit (P/E)
- 17.8x
- You pay about $18 for each $1 of yearly profit
- Price vs sales
- 1.3x
- Company value is 1.3 times a year of sales
- Dividend yield
- 3.0%
- Yearly dividend as a share of today's price
- Cash vs value
- 0%
- Cash as a share of company value
- Debt vs value
- 16%
- Debt as a share of company value
From PLOW's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$214.6M+10% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $699.1M, up 20% from the 12 months before. Over 5 years, sales grew about 6.4% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.17.2%
- MissDebt under half of equityNot relying on borrowed money.0.51x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.7.1%
- MissProfitable every yearSteady profits, not one good year.9 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$63.9M
- MissShare count not growingNot diluting owners. Falling means buybacks.+3.1% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.26.6%
- Revenue
- $656.1M
- +15.4% vs prior year
- 5-year growth
- +6.4%/yr
- revenue, per year
- Total debt
- $144.0M
- 0.51x equity
- Current ratio
- 2.78x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $214.6M
- +10.5% YoY
- EPS
- $1.07
- vs $1.09
- Op. margin
- 16.5%
- -2.5 pts
- Gross margin
- 31.1%
- +0.1 pts
- Free cash flow
- -$28.3M
- Share count
- -0.4%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.3
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.1%Institutions cut 0.1% from their holdings. 146 bought, 97 sold.
Shares held by institutions21.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.1%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.5x · $144.0M debtShares outstandingLatest reported
23MNext reportIn 6 days (est.)Estimated from the same quarter last year
- Results filedAug 3
- Results filedMay 5
- Results filedFeb 24
- Results filedNov 4, 2025
- Results filedAug 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Earnings resultsAug 3 · Form 8-K ↗Quarterly reportAug 3 · Form 10-Q ↗New 5%+ holder (passive)Jul 31 · Form SCHEDULE 13G ↗5%+ holder update (passive)Jul 31 · Form SCHEDULE 13G/A ↗Shares withheld for taxesSarah C LauberEVP & CFO
6,735 shares at $53.95 · $363K
- -8% of holdings
- Now owns 81,542 shares
- Filed same day
11-KJun 18 · Form 11-K ↗SDMay 15 · Form SD ↗GiftJames L JanikDirector
6,000 shares
- +6% of holdings
- Now owns 110,862 shares
- Held James L. and Susan S. Janik Revocable Trust
- Filed 2 days after trade
Earnings resultsMay 5 · Form 8-K ↗Quarterly reportMay 5 · Form 10-Q ↗Charter or share changeMay 1 · Form 8-K ↗Stock awardJoher AkolawalaDirector
2,737 shares
- +21% of holdings
- Now owns 15,823 shares
- Filed 1 day after trade
Stock awardJennifer I AnsberryDirector
2,737 shares
- +142% of holdings
- Now owns 4,665 shares
- Filed 1 day after trade
Stock awardLisa R BacusDirector
2,737 shares
- +16% of holdings
- Now owns 20,242 shares
- Filed 1 day after trade
Stock awardJames L JanikDirector
2,737 shares
- +7% of holdings
- Now owns 42,873 shares
- Filed 1 day after trade