PLOWDOUGLAS DYNAMICS, INC
Construction Machinery & Equip
- Revenue
- $656M
- 15% YoY
- Operating margin
- 11.2%
- 28% YoY
- EBITDA
- $89M
- 17% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.5×
- $137M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear159% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear45% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear16% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $541M | $616M | $568M | $569M | $656M | 15% |
| Operating income | $51M | $59M | $45M | $89M | $74M | 17% |
| Net income | $31M | $39M | $24M | $56M | $47M | 16% |
| Operating cash flow | $61M | $40M | $12M | $41M | $75M | 82% |
| Capex | $12M | $12M | $10M | $8M | $11M | 39% |
| Stock-based comp | $6M | $7M | $953K | $5M | $7M | 38% |
| Buybacks | $0 | $6M | $0 | $0 | $6M | |
| Dividends | $27M | $27M | $27M | $27M | $28M | 1.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.