earnings
confidence high
sentiment positive
materiality 0.80
Douglas Dynamics FY2024 adj. EPS $1.47 (+45% YoY); guides FY2025 sales $610-650M
DOUGLAS DYNAMICS, INC
2024-FY EPS reported
$2.36
revenue$568,504,000
- Full year net sales $568.5M (flat YoY); net income $56.2M vs $23.7M; diluted EPS $2.36 vs $0.98.
- Adjusted EBITDA $79.3M (+16.4%); adj. diluted EPS $1.47 (+45% YoY).
- Work Truck Solutions record: sales $312.5M (+13%); adj. EBITDA $30.9M (+75.6%).
- Work Truck Attachments margins improved 160 bps to 18.9% adj. EBITDA margin despite sales decline.
- 2025 outlook: sales $610-650M; adj. EBITDA $75-95M; adj. EPS $1.30-2.10. Q1 dividend $0.295/share.