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Side-by-side financial comparison of Hudson Pacific Properties, Inc. (HPP) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

Hudson Pacific Properties, Inc. is the larger business by last-quarter revenue ($256.0M vs $184.5M, roughly 1.4× DOUGLAS DYNAMICS, INC). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -109.4%, a 116.4% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 22.1%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 9.4%).

Hudson Pacific Properties is a real estate investment trust with 15.8 million square feet of office buildings, 1.5 million square feet of sound stages, and undeveloped rights for 3 million square feet of additional commercial property. Its properties are on the West Coast of the United States and Vancouver. It is organized in Maryland and headquartered in Los Angeles. It is the largest independent operator of sound stages in Los Angeles.

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...

HPP vs PLOW — Head-to-Head

Bigger by revenue
HPP
HPP
1.4× larger
HPP
$256.0M
$184.5M
PLOW
Growing faster (revenue YoY)
PLOW
PLOW
+6.4% gap
PLOW
28.6%
22.1%
HPP
Higher net margin
PLOW
PLOW
116.4% more per $
PLOW
7.0%
-109.4%
HPP
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
9.4%
HPP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPP
HPP
PLOW
PLOW
Revenue
$256.0M
$184.5M
Net Profit
$-280.2M
$12.8M
Gross Margin
60.0%
26.1%
Operating Margin
-109.8%
10.5%
Net Margin
-109.4%
7.0%
Revenue YoY
22.1%
28.6%
Net Profit YoY
-61.5%
62.3%
EPS (diluted)
$-11.57
$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
HPP
HPP
PLOW
PLOW
Q4 25
$256.0M
$184.5M
Q3 25
$186.6M
$162.1M
Q2 25
$190.0M
$194.3M
Q1 25
$198.5M
$115.1M
Q4 24
$209.7M
$143.5M
Q3 24
$200.4M
$129.4M
Q2 24
$218.0M
$199.9M
Q1 24
$214.0M
$95.7M
Net Profit
HPP
HPP
PLOW
PLOW
Q4 25
$-280.2M
$12.8M
Q3 25
$-144.1M
$8.0M
Q2 25
$-87.8M
$26.0M
Q1 25
$-80.3M
$148.0K
Q4 24
$-173.5M
$7.9M
Q3 24
$-107.0M
$32.3M
Q2 24
$-47.6M
$24.3M
Q1 24
$-53.4M
$-8.4M
Gross Margin
HPP
HPP
PLOW
PLOW
Q4 25
60.0%
26.1%
Q3 25
44.3%
23.5%
Q2 25
43.1%
31.0%
Q1 25
42.9%
24.5%
Q4 24
44.7%
24.9%
Q3 24
42.7%
23.9%
Q2 24
48.0%
30.7%
Q1 24
48.6%
19.8%
Operating Margin
HPP
HPP
PLOW
PLOW
Q4 25
-109.8%
10.5%
Q3 25
-77.2%
8.7%
Q2 25
-46.0%
19.0%
Q1 25
-40.4%
2.8%
Q4 24
-83.2%
9.0%
Q3 24
-52.3%
35.4%
Q2 24
-21.6%
18.2%
Q1 24
-24.9%
-6.7%
Net Margin
HPP
HPP
PLOW
PLOW
Q4 25
-109.4%
7.0%
Q3 25
-77.2%
4.9%
Q2 25
-46.2%
13.4%
Q1 25
-40.5%
0.1%
Q4 24
-82.7%
5.5%
Q3 24
-53.4%
24.9%
Q2 24
-21.8%
12.2%
Q1 24
-24.9%
-8.7%
EPS (diluted)
HPP
HPP
PLOW
PLOW
Q4 25
$-11.57
$0.54
Q3 25
$-0.30
$0.33
Q2 25
$-0.41
$1.09
Q1 25
$-0.53
$0.00
Q4 24
$-1.19
$0.35
Q3 24
$-0.69
$1.36
Q2 24
$-0.33
$1.02
Q1 24
$-0.37
$-0.37

Balance Sheet & Financial Strength

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

Metric
HPP
HPP
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$138.4M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$3.0B
$281.4M
Total Assets
$7.3B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPP
HPP
PLOW
PLOW
Q4 25
$138.4M
Q3 25
$190.4M
Q2 25
$236.0M
Q1 25
$86.5M
Q4 24
$63.3M
Q3 24
$90.7M
Q2 24
$78.5M
Q1 24
$114.3M
Total Debt
HPP
HPP
PLOW
PLOW
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HPP
HPP
PLOW
PLOW
Q4 25
$3.0B
$281.4M
Q3 25
$3.2B
$275.3M
Q2 25
$3.4B
$273.3M
Q1 25
$2.8B
$258.9M
Q4 24
$2.9B
$264.2M
Q3 24
$3.0B
$260.8M
Q2 24
$3.1B
$236.7M
Q1 24
$3.2B
$217.2M
Total Assets
HPP
HPP
PLOW
PLOW
Q4 25
$7.3B
$626.7M
Q3 25
$7.8B
$694.9M
Q2 25
$8.1B
$671.5M
Q1 25
$8.0B
$621.0M
Q4 24
$8.1B
$590.0M
Q3 24
$8.3B
$665.6M
Q2 24
$8.4B
$617.0M
Q1 24
$8.3B
$577.1M
Debt / Equity
HPP
HPP
PLOW
PLOW
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
HPP
HPP
PLOW
PLOW
Operating Cash FlowLast quarter
$121.0M
$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
HPP
HPP
PLOW
PLOW
Q4 25
$121.0M
$95.9M
Q3 25
$33.2M
$-8.5M
Q2 25
$-2.0M
$-11.4M
Q1 25
$30.5M
$-1.3M
Q4 24
$164.7M
$74.4M
Q3 24
$63.7M
$-14.2M
Q2 24
$35.6M
$2.5M
Q1 24
$65.1M
$-21.6M
Free Cash Flow
HPP
HPP
PLOW
PLOW
Q4 25
$92.8M
Q3 25
$-11.4M
Q2 25
$-14.3M
Q1 25
$-3.5M
Q4 24
$70.2M
Q3 24
$-15.2M
Q2 24
$836.0K
Q1 24
$-22.4M
FCF Margin
HPP
HPP
PLOW
PLOW
Q4 25
50.3%
Q3 25
-7.1%
Q2 25
-7.4%
Q1 25
-3.0%
Q4 24
48.9%
Q3 24
-11.8%
Q2 24
0.4%
Q1 24
-23.4%
Capex Intensity
HPP
HPP
PLOW
PLOW
Q4 25
1.7%
Q3 25
1.8%
Q2 25
1.5%
Q1 25
1.9%
Q4 24
2.9%
Q3 24
0.8%
Q2 24
0.8%
Q1 24
0.8%
Cash Conversion
HPP
HPP
PLOW
PLOW
Q4 25
7.47×
Q3 25
-1.07×
Q2 25
-0.44×
Q1 25
-9.03×
Q4 24
9.41×
Q3 24
-0.44×
Q2 24
0.10×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPP
HPP

Core Office$217.1M85%
Studio Segment$21.8M9%
Ancillary Revenue$20.2M8%
Chargebacks$3.3M1%

PLOW
PLOW

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

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