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Douglas DynamicsPLOW +0.39%77 Debt-to-Equity is 0.97 as of Jun. 2026, which is 17% below its 10-year median of 1.17. 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 1,220 Vehicles & Parts companies, Douglas Dynamics ranks worse than 75.16% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Douglas Dynamics's Debt-to-Equity or its related term are showing as below:
PLOW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 1.17 Max: 1.67
Current: 0.97
During the past 13 years, the highest Debt-to-Equity Ratio of Douglas Dynamics was 1.67. The lowest was 0.78. And the median was 1.17.
PLOW's Debt-to-Equity is ranked worse than 75.16% of 1220
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs PLOW: 0.97
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Douglas Dynamics Debt-to-Equity Related Terms
Douglas Dynamics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Douglas Dynamics's Debt-to-Equity 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-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Douglas Dynamics's Debt-to-Equity 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.
Douglas Dynamics (PLOW) has a Debt-to-Equity of 0.97 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Douglas Dynamics and its competitors. This is 17% below median its historical median of 1.17. Over the past decade, Douglas Dynamics' Debt-to-Equity has ranged from 0.78 to 1.67. According to the industry distribution chart, Douglas Dynamics ranks #917 out of 1220 companies in the Vehicles & Parts industry, placing it in the top 75.2%.
Is Douglas Dynamics' Debt-to-Equity too high?
Douglas Dynamics' current Debt-to-Equity of 0.97 is 17% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.67. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Douglas Dynamics' value of 0.97 is 110.9% above this industry median. Based on the distribution chart, Douglas Dynamics ranks #917 out of 1220 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. 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-Equity compare to XPEL and SMP?
According to the Vehicles & Parts industry distribution chart, Douglas Dynamics ranks #917 out of 1220 companies for Debt-to-Equity. This places Douglas Dynamics in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Douglas Dynamics' value of 0.97 is 110.9% above this benchmark. Historically, Douglas Dynamics' own Debt-to-Equity has ranged from 0.78 to 1.67 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.46, Douglas Dynamics has consistently been above 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-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,220 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Douglas Dynamics's current Debt-to-Equity of 0.97 is 110.9% above 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Douglas Dynamics and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Douglas Dynamics's current Debt-to-Equity is 0.97, which is 17% below median its own 10-year median of 1.17. 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-Equity is 0.97, which is 17% below median its 10-year median of 1.17 and 110.9% above the Vehicles & Parts industry median of 0.46. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Douglas Dynamics (PLOW), the current Debt-to-Equity is 0.97 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-Equity: 0.97 (17% below median its 10-year median of 1.17)
GF Value™: $34.12 vs. price of $41.63 (22% above fair value)
Industry Position: 110.9% above the Vehicles & Parts median (#917 of 1220)
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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