DOUGLAS DYNAMICS financials
$39.85+0.78%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $656.1M | $568.5M | $568.2M | $616.1M | $541.5M | $480.2M | $571.7M | $524.1M | $474.9M | $416.3M |
| Gross profit | $174.7M | $146.8M | $134.3M | $151.5M | $141.9M | $128.3M | $168.8M | $154.9M | $143.1M | $134.0M |
| Gross margin | 26.6% | 25.8% | 23.6% | 24.6% | 26.2% | 26.7% | 29.5% | 29.6% | 30.1% | 32.2% |
| Operating income | $73.6M | $46.4M | $44.9M | $58.8M | $51.1M | -$75.1M | $86.6M | $73.5M | $70.8M | $79.9M |
| Net income | $45.8M | $55.1M | $23.2M | $37.9M | $30.2M | -$86.6M | $48.5M | $43.3M | $54.6M | $38.5M |
| Net margin | 7.0% | 9.7% | 4.1% | 6.1% | 5.6% | −18.0% | 8.5% | 8.3% | 11.5% | 9.2% |
| Diluted EPS | $1.96 | $2.36 | $0.98 | $1.63 | $1.29 | $-3.81 | $2.11 | $1.90 | $2.41 | $1.71 |
| EBITDA | $89.0M | $65.5M | $66.6M | $79.7M | $74.4M | $72.5M | $105.8M | $92.5M | $89.4M | $86.5M |
| Operating cash flow | $74.7M | $41.1M | $12.5M | $40.0M | $60.5M | $53.4M | $77.3M | $58.2M | $66.4M | $69.9M |
| Free cash flow | $63.6M | $33.3M | $1.9M | $28.0M | $49.3M | $38.9M | $65.8M | $48.5M | $58.8M | $60.1M |
| Diluted shares | 23.6M | 23.5M | 23.0M | 22.9M | 23.0M | 22.8M | 22.8M | 22.7M | 22.6M | 22.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.3M | $5.1M | $24.2M | $20.7M | $37.0M | $41.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $151.8M | $146.7M | $237.5M | $207.6M | $217.2M | $238.3M |
| Total assets | $626.7M | $590.0M | $593.4M | $596.9M | $572.5M | $579.2M |
| Total liabilities | $345.3M | $325.8M | $361.9M | $359.8M | $357.9M | $379.0M |
| Shareholders' equity | $281.4M | $264.2M | $231.6M | $237.1M | $214.6M | $200.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology