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Douglas Dynamics PLOW Operating Income

Discontinued — last reported Q1 '24

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Other financials

Income statement

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Revenue$137.8M+19.8%
Gross profit$18.9M+67.8%
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

Reported directly by Douglas Dynamics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
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)
Other income, net335
Loss before taxes(9,943)(16,626)
Income tax benefit(1,591)(3,516)

Item 1. Financial Statements

FAQ

What is Douglas Dynamics's operating income?
Douglas Dynamics (PLOW) reported operating income of -$6.42M in Q1 2024.
How has Douglas Dynamics's operating income changed year-over-year?
Douglas Dynamics's operating income increased by 53.5% year-over-year, from -$13.8M to -$6.42M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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