DOUGLAS DYNAMICS, INC
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
PLOW$37.36+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(Dollars In Thousands, Except Per Share Data)
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $8,297 | $5,119 |
| Accounts receivable, net | 97,561 | 87,407 |
| Inventories | 149,656 | 137,034 |
| Inventories - truck chassis floor plan | 4,184 | 2,612 |
| Refundable income taxes paid | 920 | - |
| Prepaid and other current assets | 5,415 | 6,053 |
| Total current assets | 266,033 | 238,225 |
| Property, plant and equipment, net | 44,764 | 41,311 |
| Goodwill | 116,779 | 113,134 |
| Other intangible assets, net | 116,269 | 113,550 |
| Operating leases - right of use asset | 68,972 | 70,801 |
| Non-qualified benefit plan assets | 12,038 | 10,482 |
| Other long-term assets | 1,846 | 2,480 |
| Total assets | $626,701 | $589,983 |
| Liabilities and shareholders' equity | ||
| Current liabilities: | ||
| Accounts payable | $38,687 | $32,319 |
| Accrued expenses and other current liabilities | 33,406 | 26,182 |
| Floor plan obligations | 4,184 | 2,612 |
| Operating lease liability - current | 7,154 | 7,394 |
| Income tax payable | - | 1,685 |
| Short-term borrowings | 5,000 | - |
| Current portion of long-term debt | 7,416 | - |
| Total current liabilities | 95,847 | 70,192 |
| Retiree benefits and deferred compensation | 14,947 | 13,616 |
| Deferred income taxes | 33,104 | 24,574 |
| Long-term debt, less current portion | 135,162 | 146,679 |
| Operating lease liability - noncurrent | 60,134 | 64,785 |
| Other long-term liabilities | 6,061 | 5,922 |
| Commitments and contingencies (Note 15) | ||
| Shareholders' equity: | ||
| Common Stock, par value $0.01, 200,000,000 shares authorized, 23,069,841 and 23,094,047 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 231 | 231 |
| Additional paid-in capital | 170,653 | 170,092 |
| Retained earnings | 107,381 | 88,420 |
| Accumulated other comprehensive income, net of tax | 3,181 | 5,472 |
| Total shareholders' equity | 281,446 | 264,215 |
| Total liabilities and shareholders' equity | $626,701 | $589,983 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.