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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $112.4M, roughly 1.6× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 7.0%, a 26.5% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 9.0%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 6.4%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

BY vs PLOW — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.6× larger
PLOW
$184.5M
$112.4M
BY
Growing faster (revenue YoY)
PLOW
PLOW
+19.5% gap
PLOW
28.6%
9.0%
BY
Higher net margin
BY
BY
26.5% more per $
BY
33.4%
7.0%
PLOW
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
PLOW
PLOW
Revenue
$112.4M
$184.5M
Net Profit
$37.6M
$12.8M
Gross Margin
26.1%
Operating Margin
10.5%
Net Margin
33.4%
7.0%
Revenue YoY
9.0%
28.6%
Net Profit YoY
33.0%
62.3%
EPS (diluted)
$0.83
$0.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BY
BY
PLOW
PLOW
Q1 26
$112.4M
Q4 25
$117.0M
$184.5M
Q3 25
$115.7M
$162.1M
Q2 25
$110.5M
$194.3M
Q1 25
$103.1M
$115.1M
Q4 24
$104.7M
$143.5M
Q3 24
$101.8M
$129.4M
Q2 24
$99.4M
$199.9M
Net Profit
BY
BY
PLOW
PLOW
Q1 26
$37.6M
Q4 25
$34.5M
$12.8M
Q3 25
$37.2M
$8.0M
Q2 25
$30.1M
$26.0M
Q1 25
$28.2M
$148.0K
Q4 24
$30.3M
$7.9M
Q3 24
$30.3M
$32.3M
Q2 24
$29.7M
$24.3M
Gross Margin
BY
BY
PLOW
PLOW
Q1 26
Q4 25
26.1%
Q3 25
23.5%
Q2 25
31.0%
Q1 25
24.5%
Q4 24
24.9%
Q3 24
23.9%
Q2 24
30.7%
Operating Margin
BY
BY
PLOW
PLOW
Q1 26
Q4 25
40.1%
10.5%
Q3 25
43.1%
8.7%
Q2 25
35.2%
19.0%
Q1 25
36.4%
2.8%
Q4 24
38.6%
9.0%
Q3 24
39.3%
35.4%
Q2 24
40.4%
18.2%
Net Margin
BY
BY
PLOW
PLOW
Q1 26
33.4%
Q4 25
34.1%
7.0%
Q3 25
32.1%
4.9%
Q2 25
27.2%
13.4%
Q1 25
27.4%
0.1%
Q4 24
34.3%
5.5%
Q3 24
29.8%
24.9%
Q2 24
29.9%
12.2%
EPS (diluted)
BY
BY
PLOW
PLOW
Q1 26
$0.83
Q4 25
$0.77
$0.54
Q3 25
$0.82
$0.33
Q2 25
$0.66
$1.09
Q1 25
$0.64
$0.00
Q4 24
$0.68
$0.35
Q3 24
$0.69
$1.36
Q2 24
$0.68
$1.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$198.4M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$1.3B
$281.4M
Total Assets
$9.9B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
PLOW
PLOW
Q1 26
$198.4M
Q4 25
$149.1M
Q3 25
$259.0M
Q2 25
$218.3M
Q1 25
$421.3M
Q4 24
$563.1M
Q3 24
$452.6M
Q2 24
$730.5M
Total Debt
BY
BY
PLOW
PLOW
Q1 26
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Stockholders' Equity
BY
BY
PLOW
PLOW
Q1 26
$1.3B
Q4 25
$1.3B
$281.4M
Q3 25
$1.2B
$275.3M
Q2 25
$1.2B
$273.3M
Q1 25
$1.1B
$258.9M
Q4 24
$1.1B
$264.2M
Q3 24
$1.1B
$260.8M
Q2 24
$1.0B
$236.7M
Total Assets
BY
BY
PLOW
PLOW
Q1 26
$9.9B
Q4 25
$9.7B
$626.7M
Q3 25
$9.8B
$694.9M
Q2 25
$9.7B
$671.5M
Q1 25
$9.6B
$621.0M
Q4 24
$9.5B
$590.0M
Q3 24
$9.4B
$665.6M
Q2 24
$9.6B
$617.0M
Debt / Equity
BY
BY
PLOW
PLOW
Q1 26
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BY
BY
PLOW
PLOW
Operating Cash FlowLast quarter
$95.9M
Free Cash FlowOCF − Capex
$92.8M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
7.47×
TTM Free Cash FlowTrailing 4 quarters
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
PLOW
PLOW
Q1 26
Q4 25
$140.3M
$95.9M
Q3 25
$38.3M
$-8.5M
Q2 25
$16.3M
$-11.4M
Q1 25
$27.1M
$-1.3M
Q4 24
$175.2M
$74.4M
Q3 24
$19.8M
$-14.2M
Q2 24
$40.1M
$2.5M
Free Cash Flow
BY
BY
PLOW
PLOW
Q1 26
Q4 25
$136.3M
$92.8M
Q3 25
$38.0M
$-11.4M
Q2 25
$15.2M
$-14.3M
Q1 25
$25.0M
$-3.5M
Q4 24
$171.2M
$70.2M
Q3 24
$19.1M
$-15.2M
Q2 24
$39.4M
$836.0K
FCF Margin
BY
BY
PLOW
PLOW
Q1 26
Q4 25
116.5%
50.3%
Q3 25
32.8%
-7.1%
Q2 25
13.7%
-7.4%
Q1 25
24.3%
-3.0%
Q4 24
163.5%
48.9%
Q3 24
18.8%
-11.8%
Q2 24
39.7%
0.4%
Capex Intensity
BY
BY
PLOW
PLOW
Q1 26
Q4 25
3.4%
1.7%
Q3 25
0.3%
1.8%
Q2 25
1.0%
1.5%
Q1 25
2.0%
1.9%
Q4 24
3.8%
2.9%
Q3 24
0.6%
0.8%
Q2 24
0.7%
0.8%
Cash Conversion
BY
BY
PLOW
PLOW
Q1 26
Q4 25
4.06×
7.47×
Q3 25
1.03×
-1.07×
Q2 25
0.54×
-0.44×
Q1 25
0.96×
-9.03×
Q4 24
5.78×
9.41×
Q3 24
0.65×
-0.44×
Q2 24
1.35×
0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

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