DOUGLAS DYNAMICS, INC Income Statement
PLOW / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
DOUGLAS DYNAMICS, INC reported $656M in revenue and $47M in net income for FY2025. Revenue has grown at a 9.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $656.1M | $568.5M | $568.2M | $616.1M | $541.5M | $480.2M | $571.7M | $524.1M | $474.9M | $416.3M | $400.4M | $303.5M | $194.3M | $140.0M | $174.3M |
| Cost of Revenue | $481.4M | $421.7M | $433.9M | $464.6M | $399.6M | $351.9M | $402.9M | $369.2M | $331.8M | $282.3M | $267.5M | $187.2M | $128.7M | $96.1M | $117.3M |
| Gross Profit | $174.7M | $146.8M | $134.3M | $151.5M | $141.9M | $128.3M | $168.8M | $154.9M | $143.1M | $134.0M | $132.9M | $116.3M | $65.7M | $44.0M | $57.1M |
| SG&A Expense | $94.9M | $91.7M | $78.8M | $82.2M | $78.8M | $64.6M | $71.3M | $70.0M | $60.9M | $53.6M | $48.1M | $38.3M | $31.9M | $19.9M | $20.1M |
| R&D Expense | $7.7M | $8.4M | $10.1M | $12.2M | $10.2M | $6.7M | $5.7M | $3.2M | $2.9M | $3.1M | $3.0M | - | - | - | - |
| Operating Income | $73.6M | $88.7M | $44.9M | $58.8M | $51.1M | -$75.1M | $86.6M | $73.5M | $70.8M | $69.8M | $77.4M | $72.2M | $27.5M | $18.9M | $29.4M |
| Interest Expense | $0 | $198.0K | $476.0K | $476.0K | $1.8M | $611.0K | - | - | - | - | - | - | - | - | - |
| Income Tax | $14.6M | $17.7M | $5.5M | $8.8M | $3.9M | -$12.3M | $13.5M | $11.9M | -$2.4M | $24.7M | $22.1M | $22.0M | $7.4M | $4.1M | $4.0M |
| Net Income | $46.9M | $56.2M | $23.7M | $38.6M | $30.7M | -$86.6M | - | - | - | - | $44.2M | $40.0M | $11.6M | $6.0M | $9.8M |
| EPS (Basic) | $1.01 | $1.65 | $1.31 | -$3.81 | $1.31 | -$3.81 | $2.13 | $1.91 | $2.42 | $1.71 | $0.52 | $0.27 | $0.87 | $0.09 | $0.68 |
| EPS (Diluted) | $0.98 | $1.63 | $1.29 | -$3.81 | $1.29 | -$3.81 | $2.11 | $1.89 | $2.40 | $1.70 | $0.51 | $0.26 | $0.85 | $0.09 | $0.67 |
| Shares Outstanding | 23.1M | 23.0M | 22.9M | 23.0M | 23.0M | 22.9M | 22.8M | 22.7M | 22.6M | 22.5M | 22.3M | 22.2M | 22.1M | 22.0M | 21.6M |
| Gross Margin | 26.6% | 25.8% | 23.6% | 24.6% | 26.2% | 26.7% | 29.5% | 29.6% | 30.1% | 32.2% | 33.2% | 38.3% | 33.8% | 31.4% | 32.7% |
| Operating Margin | 11.2% | 15.6% | 7.9% | 9.5% | 9.4% | -15.7% | 15.1% | 14.0% | 14.9% | 16.8% | 19.3% | 23.8% | 14.2% | 13.5% | 16.9% |
| Profit Margin | 7.1% | 9.9% | 4.2% | 6.3% | 5.7% | -18.0% | - | - | - | - | 11.0% | 13.2% | 6.0% | 4.3% | 5.7% |