The Tip Desk

DOUGLAS DYNAMICS, INC

Company Stats

Market Cap
$905.8M
as of Sep 30, 2026
Shares Outstanding
23.1M
Free Float
98.5%

Income Statement

Revenue
$656.1M
Operating Income
$73.6M
Net Income
$46.9M
EBITDA
$89.0M
Revenue Growth, 3Y
2.1%
FCF Margin, 3Y Avg
5.4%
FCF Margin, Worst Year
0.5%

Cash Flow

Free Cash Flow
$63.9M
FCF Yield
7.1%
Owner FCF Yield
6.3%

Returns & Capital

Dividends Paid
$27.9M
Dividend Yield
3.1%
Dividend Payout, 3Y Avg
74.7%
Share Repurchases
$6.0M
Buyback Yield, 3Y Avg
0.2%
SBC, 3Y Avg
$4.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$656.1M$63.9M9.7%
FY2024$568.5M$33.4M5.9%
FY2023$568.2M$2.7M0.5%
FY2022$616.1M$27.6M4.5%
FY2021$541.5M$48.7M9.0%

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage