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Discontinued — last reported Q1 '24

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Other financials

Income statement

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Revenue$137.8M+19.8%
Operating income-$6.4M+53.5%
Net income$6.4M+4,208%
EPS (diluted)-$0.37+36.2%

Balance sheet

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Cash & equivalents$5.2M-28.0%
Total debt$89.7M+9.6%
Total equity$279.4M+7.9%
Total assets$630.3M+1.5%

Cash flow

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Operating cash flow-$994.0K+25.7%
CapEx$3.2M+46.3%
Free cash flow-$4.2M-18.8%

Valuation

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Market cap$1.04B+47.1%
Enterprise value$1.12B+39.0%
P/E19.5×+8.9×
P/S1.5×+0.3×

Profitability

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Gross margin25.3%
Operating margin8.2%
Net margin7.8%-3.2pp
FCF margin9.3%+0.3pp

Returns & leverage

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Return on equity19.7%-7.4pp
Debt / equity0.3×0.0×
Current ratio2.7×+0.3×

Where this comes from

Calculated from Douglas Dynamics’s reported figures.

The source filing: Douglas Dynamics’s 10-Q, filed April 30, 2024.

Filed
Apr 30, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0001437749-24-013958
Line itemThree Months Ended / March 31, 2024Three Months Ended / March 31, 2023
Net sales$95,655$82,545
Cost of sales76,73571,270
Gross profit18,92011,275
Selling, general, and administrative expense21,48822,442
Impairment charges1,224
Intangibles amortization2,6302,630
Loss from operations(6,422)(13,797)
Interest expense, net(3,524)(2,864)

Item 1. Financial Statements

FAQ

What is Douglas Dynamics's gross profit?
Douglas Dynamics (PLOW) reported gross profit of $18.92M in Q1 2024.
How has Douglas Dynamics's gross profit changed year-over-year?
Douglas Dynamics's gross profit increased by 67.8% year-over-year, from $11.28M to $18.92M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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