Douglas Dynamics profit margin PLOW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 7.5%
- Operating margin, 12 months
- 11.3%
- Net margin on a year earlier
- −3.9 pts
- Peer median
- 5.2%
Over the twelve months to Jun 30, 2026, Douglas Dynamics kept 7.5% of its revenue as net profit, with an operating margin of 11.3% and a gross margin of 27.3%.
Five years earlier its net margin was 7.6%.
The median for 9 agricultural machinery stocks of a similar size is 5.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.1% | 11.2% | 26.6% |
| FY2024 | 9.9% | 15.6% | 25.8% |
| FY2023 | 4.2% | 7.9% | 23.6% |
| FY2022 | 6.3% | 9.5% | 24.6% |
| FY2021 | 5.7% | 9.4% | 26.2% |
| FY2020 | −18.0% | −15.6% | 26.7% |
| FY2019 | 8.6% | 15.1% | 29.5% |
| FY2018 | 8.4% | 14.0% | 29.6% |
| FY2017 | 11.6% | 14.9% | 30.1% |
| FY2016 | 9.3% | 16.6% | 32.2% |
| FY2015 | 10.9% | 19.3% | 33.2% |
| FY2014 | 13.2% | 23.8% | 38.3% |
| FY2013 | 6.0% | 14.2% | 33.8% |
| FY2012 | 4.3% | 13.5% | 31.4% |
| FY2011 | 9.1% | 19.2% | 34.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.5% | −3.9 pts | 11.3% | |
| Q1 FY26 | 7.8% | −3.2 pts | 11.8% | |
| Q4 FY25 | 7.1% | −2.7 pts | 11.2% | |
| Q3 FY25 | 6.8% | −3.1 pts | 10.9% | |
| Q2 FY25 | 11.4% | +6.4 pts | 17.0% | |
| Q1 FY25 | 11.0% | +6.1 pts | 16.7% | |
| Q4 FY24 | 9.9% | +5.7 pts | 15.6% | |
| Q3 FY24 | 9.9% | +5.2 pts | 15.8% | |
| Q2 FY24 | 5.0% | −0.8 pts | 9.4% | |
| Q1 FY24 | 4.9% | −0.0 pts | 9.0% | |
| Q4 FY23 | 4.2% | −2.1 pts | 7.9% | |
| Q3 FY23 | 4.7% | −1.2 pts | 8.2% |
Against its peers
Companies in Agricultural - Machinery nearest Douglas Dynamics' size, closest first, today.
| Company | Profit margin |
|---|---|
| PLOWDouglas Dynamics | 7.5% |
| ASTEAstec Industries | 1.3% |
| AEBIAebi Schmidt | 1.1% |
| MTWManitowoc | 0.9% |
| LNNLindsay | 8.8% |
| MLRMiller Industries | 1.9% |
| ALGAlamo | 6.1% |
| BLBDBlue Bird | 17.5% |
| GENCGencor Industries | 13.5% |
| AGCOAgco | 5.2% |
| Peer median | 5.2% |
Where Douglas Dynamics ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Douglas Dynamics
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.