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Douglas DynamicsPLOW +0.39%77 Debt-to-EBITDA is 1.82 as of Jun. 2026, which is 38% below its 10-year median of 2.95. GuruFocus rates PLOW with a GF Score™ of 77/100 and a GF Value™ of $34.12 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,107 Vehicles & Parts companies, Douglas Dynamics ranks worse than 61.97% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Douglas Dynamics's Debt-to-EBITDA or its related term are showing as below:
PLOW'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.55 Med: 2.95 Max: 3.86
Current: 3.05
During the past 13 years, the highest Debt-to-EBITDA Ratio of Douglas Dynamics was 3.86. The lowest was -4.55. And the median was 2.95.
PLOW's Debt-to-EBITDA is ranked worse than 61.97% of 1107
companies
in the Vehicles & Parts industry
Industry Median: 2.28
vs PLOW: 3.05
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Douglas Dynamics Debt-to-EBITDA Related Terms
Douglas Dynamics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Douglas Dynamics's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Douglas Dynamics's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Douglas Dynamics Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Douglas Dynamics's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Douglas Dynamics (PLOW) has a Debt-to-EBITDA of 1.82 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Douglas Dynamics. This is 38% below median its historical median of 2.95. According to the industry distribution chart, Douglas Dynamics ranks #686 out of 1107 companies in the Vehicles & Parts industry, placing it in the top 62%.
Is Douglas Dynamics' Debt-to-EBITDA too high?
Douglas Dynamics' current Debt-to-EBITDA of 1.82 is 38% below median its 10-year median of 2.95. The Vehicles & Parts industry median Debt-to-EBITDA is 2.28. Douglas Dynamics' value of 1.82 is 20.2% below this industry median. Based on the distribution chart, Douglas Dynamics ranks #686 out of 1107 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Douglas Dynamics has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Douglas Dynamics' Debt-to-EBITDA compare to XPEL and SMP?
According to the Vehicles & Parts industry distribution chart, Douglas Dynamics ranks #686 out of 1107 companies for Debt-to-EBITDA. This places Douglas Dynamics in the lower half of its industry. The industry median Debt-to-EBITDA is 2.28. Douglas Dynamics' value of 1.82 is 20.2% below this benchmark. While the company's 10-year median is 2.95 vs. the industry median of 2.28, Douglas Dynamics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.28, based on 1,107 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Douglas Dynamics's current Debt-to-EBITDA of 1.82 is 20.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Douglas Dynamics. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Douglas Dynamics's current Debt-to-EBITDA is 1.82, which is 38% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Douglas Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Douglas Dynamics (PLOW) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.12, compared to a current price of $41.63 — trading 22% above its estimated fair value. The current Debt-to-EBITDA is 1.82, which is 38% below median its 10-year median of 2.95 and 20.2% below the Vehicles & Parts industry median of 2.28. Douglas Dynamics' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Douglas Dynamics (PLOW), the current Debt-to-EBITDA is 1.82 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Douglas Dynamics (PLOW) Overvalued in 2026?
Based on GuruFocus' analysis, Douglas Dynamics stock appears to be overvalued.
The current stock price of $41.63 is trading 22% above its estimated GF Value™ of $34.12.
GuruFocus considers Douglas Dynamics to be Modestly Overvalued.
Key valuation signals for PLOW:
Debt-to-EBITDA: 1.82 (38% below median its 10-year median of 2.95)
GF Value™: $34.12 vs. price of $41.63 (22% above fair value)
Industry Position: 20.2% below the Vehicles & Parts median (#686 of 1107)
No single metric tells the full story. See the PLOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX, and WESTERN brands, turf care equipment under the TURFEX brand, and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
77GF Score
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