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Side-by-side financial comparison of Hilltop Holdings Inc. (HTH) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.
Hilltop Holdings Inc. is the larger business by last-quarter revenue ($300.5M vs $184.5M, roughly 1.6× DOUGLAS DYNAMICS, INC). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs 7.0%, a 6.0% gap on every dollar of revenue. Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 0.6%).
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
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...
HTH vs PLOW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $300.5M | $184.5M |
| Net Profit | $39.0M | $12.8M |
| Gross Margin | — | 26.1% |
| Operating Margin | — | 10.5% |
| Net Margin | 13.0% | 7.0% |
| Revenue YoY | — | 28.6% |
| Net Profit YoY | -12.4% | 62.3% |
| EPS (diluted) | $0.64 | $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.
| Q1 26 | $300.5M | — | ||
| Q4 25 | $329.9M | $184.5M | ||
| Q3 25 | $330.2M | $162.1M | ||
| Q2 25 | $303.3M | $194.3M | ||
| Q1 25 | $318.5M | $115.1M | ||
| Q4 24 | $301.1M | $143.5M | ||
| Q3 24 | $305.5M | $129.4M | ||
| Q2 24 | $297.0M | $199.9M |
| Q1 26 | $39.0M | — | ||
| Q4 25 | $41.6M | $12.8M | ||
| Q3 25 | $45.8M | $8.0M | ||
| Q2 25 | $36.1M | $26.0M | ||
| Q1 25 | $42.1M | $148.0K | ||
| Q4 24 | $35.5M | $7.9M | ||
| Q3 24 | $29.7M | $32.3M | ||
| Q2 24 | $20.3M | $24.3M |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | 10.5% | ||
| Q3 25 | 18.4% | 8.7% | ||
| Q2 25 | 16.3% | 19.0% | ||
| Q1 25 | 18.1% | 2.8% | ||
| Q4 24 | 14.7% | 9.0% | ||
| Q3 24 | 13.9% | 35.4% | ||
| Q2 24 | 10.0% | 18.2% |
| Q1 26 | 13.0% | — | ||
| Q4 25 | 12.6% | 7.0% | ||
| Q3 25 | 13.9% | 4.9% | ||
| Q2 25 | 11.9% | 13.4% | ||
| Q1 25 | 13.2% | 0.1% | ||
| Q4 24 | 11.8% | 5.5% | ||
| Q3 24 | 9.7% | 24.9% | ||
| Q2 24 | 6.8% | 12.2% |
| Q1 26 | $0.64 | — | ||
| Q4 25 | $0.68 | $0.54 | ||
| Q3 25 | $0.74 | $0.33 | ||
| Q2 25 | $0.57 | $1.09 | ||
| Q1 25 | $0.65 | $0.00 | ||
| Q4 24 | $0.55 | $0.35 | ||
| Q3 24 | $0.46 | $1.36 | ||
| Q2 24 | $0.31 | $1.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $990.8M | $144.0M |
| Stockholders' EquityBook value | $2.2B | $281.4M |
| Total Assets | $15.7B | $626.7M |
| Debt / EquityLower = less leverage | 0.46× | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $990.8M | — | ||
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $281.4M | ||
| Q3 25 | $2.2B | $275.3M | ||
| Q2 25 | $2.2B | $273.3M | ||
| Q1 25 | $2.2B | $258.9M | ||
| Q4 24 | $2.2B | $264.2M | ||
| Q3 24 | $2.2B | $260.8M | ||
| Q2 24 | $2.1B | $236.7M |
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.8B | $626.7M | ||
| Q3 25 | $15.6B | $694.9M | ||
| Q2 25 | $15.4B | $671.5M | ||
| Q1 25 | $15.8B | $621.0M | ||
| Q4 24 | $16.3B | $590.0M | ||
| Q3 24 | $15.9B | $665.6M | ||
| Q2 24 | $15.6B | $617.0M |
| Q1 26 | 0.46× | — | ||
| 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 | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $-38.7M | $95.9M | ||
| Q3 25 | $273.0M | $-8.5M | ||
| Q2 25 | $-234.6M | $-11.4M | ||
| Q1 25 | $5.8M | $-1.3M | ||
| Q4 24 | $273.9M | $74.4M | ||
| Q3 24 | $515.6M | $-14.2M | ||
| Q2 24 | $-435.3M | $2.5M |
| Q1 26 | — | — | ||
| Q4 25 | $-55.5M | $92.8M | ||
| Q3 25 | $271.0M | $-11.4M | ||
| Q2 25 | $-234.6M | $-14.3M | ||
| Q1 25 | $5.0M | $-3.5M | ||
| Q4 24 | $266.8M | $70.2M | ||
| Q3 24 | $513.8M | $-15.2M | ||
| Q2 24 | $-437.3M | $836.0K |
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 50.3% | ||
| Q3 25 | 82.1% | -7.1% | ||
| Q2 25 | -77.4% | -7.4% | ||
| Q1 25 | 1.6% | -3.0% | ||
| Q4 24 | 88.6% | 48.9% | ||
| Q3 24 | 168.2% | -11.8% | ||
| Q2 24 | -147.2% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | 1.7% | ||
| Q3 25 | 0.6% | 1.8% | ||
| Q2 25 | 0.0% | 1.5% | ||
| Q1 25 | 0.3% | 1.9% | ||
| Q4 24 | 2.4% | 2.9% | ||
| Q3 24 | 0.6% | 0.8% | ||
| Q2 24 | 0.7% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | -0.93× | 7.47× | ||
| Q3 25 | 5.96× | -1.07× | ||
| Q2 25 | -6.50× | -0.44× | ||
| Q1 25 | 0.14× | -9.03× | ||
| Q4 24 | 7.71× | 9.41× | ||
| Q3 24 | 17.36× | -0.44× | ||
| Q2 24 | -21.41× | 0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
