---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003890"
form_type: "8-K"
ticker: "PLOW"
cik: "0001287213"
company_name: "DOUGLAS DYNAMICS, INC"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:33:15.645312+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Douglas Dynamics reports FY2022 net sales up 13.8% to $616.1M; EPS $1.63; Q1 dividend raised to $0.295

## Summary
- Full year net sales $616.1M (+13.8% YoY); net income $38.6M (+25.8%); diluted EPS $1.63 (+26.4%).
- Work Truck Attachments net sales $382.3M (+17.4%); Adjusted EBITDA margin 20.5% (down from 23.8%).
- Work Truck Solutions net sales $233.8M (+8.4%); Adjusted EBITDA $8.6M (up from $2.2M); record backlog $360.3M.
- Q1 2023 dividend increased to $0.295 per share (from $0.29), payable March 31, 2023.
- 2023 guidance: net sales $620-680M; Adjusted EBITDA $85-115M; Adjusted EPS $1.55-$2.45.

## SEC filing metadata
- accession: 0001437749-23-003890
- form_type: 8-K
- ticker: PLOW
- cik: 0001287213
- company_name: DOUGLAS DYNAMICS, INC
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287213/000143774923003890/0001437749-23-003890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287213/000143774923003890/plow20221128_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003890
- JSON: https://secwatch.observer/filing/0001437749-23-003890.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003890.txt

## Key facts
- Earnings Releases
  DOUGLAS DYNAMICS, INC reported the fiscal year ended December 31, 2022 results: revenue $616.1 million, net income $38.6 million, EPS $1.63 per diluted share. Guidance initiated.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $616.1 million
  - Net income: $38.6 million
  - EPS: $1.63 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: DYNAMICS REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS Delivered Significantly Improved Full Year 2022 Results Full Year 2022 Highlights: ● Net Sales increased 13.8% to $616.1 million ● Net Income increased 25.8% to $38.6 million ● Diluted Earnings per Share increased 26.4% to $1.63 ● Both segments produced improved year-over-year results ● Announced 1Q23
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287213/000143774923003890/0001437749-23-003890-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.