Douglas Dynamics (PLOW) Operating Margin (2010 - 2026)
Douglas Dynamics (PLOW) reported Operating Margin of 14.35% for Q3 2026, up 5.66 percentage points from 8.69% a year earlier but down 2.17 percentage points from the prior quarter.
Douglas Dynamics (PLOW) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Douglas Dynamics' Operating Margin came in at 12.71%, up 1.78 percentage points year-over-year; for FY2025, it was 11.22%, down 4.38 percentage points from FY2024.
- Operating Margin has a five-year change of +26.87 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 15.60% in FY2024 (+7.70 pp), 7.90% in FY2023 (-1.63 pp), 9.54% in FY2022 (+0.09 pp) and 9.44% in FY2021 (+25.09 pp).
- Five-year quarterly Operating Margin spans a low of -16.71% in Q1 2023 and a high of 35.44% in Q3 2024.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of -0.97 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2024 (a gain of 27.46 percentage points); the low point was Q3 2025 (a drop of 26.75 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 16.51% (Q2 2026), 7.19% (Q1 2026) and 10.47% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 20.38% |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 29.53% |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 17.76% |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 19.96% |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 23.66% |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 26.92% |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 27.79% |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 22.81% |
| 10 | Douglas Dynamics | 839.43 Mn | 818.58 Mn | 59.83 Mn | 14.35% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.35% |
| Jun 30, 2026 | 16.51% |
| Mar 31, 2026 | 7.19% |
| Dec 31, 2025 | 10.47% |
| Sep 30, 2025 | 8.69% |
| Jun 30, 2025 | 19.04% |
| Mar 31, 2025 | 2.78% |
| Dec 31, 2024 | 9.04% |
| Sep 30, 2024 | 35.44% |
| Jun 30, 2024 | 18.16% |
| Mar 31, 2024 | -6.71% |
| Dec 31, 2023 | 9.42% |
| Sep 30, 2023 | 7.98% |
| Jun 30, 2023 | 16.67% |
| Mar 31, 2023 | -16.71% |
| Dec 31, 2022 | 10.42% |
| Sep 30, 2022 | 11.71% |
| Jun 30, 2022 | 13.64% |
| Mar 31, 2022 | -2.86% |
| Dec 31, 2021 | 8.49% |
Douglas Dynamics Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PLOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PLOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PLOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();