DOUGLAS DYNAMICS, INC (PLOW) Return on equity 2020–2025
DOUGLAS DYNAMICS, INC (PLOW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
16.7%FY2025 · since FY2020: -43.2% → 16.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 16.7% | -4.6 pp |
| FY2024 | 21.3% | +11.0 pp |
| FY2023 | 10.2% | -6.0 pp |
| FY2022 | 16.3% | +2.0 pp |
| FY2021 | 14.3% | +57.5 pp |
| FY2020 | -43.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice