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Side-by-side financial comparison of JBG SMITH Properties (JBGS) 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 $127.6M, roughly 1.4× JBG SMITH Properties). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -35.7%, a 42.7% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs -2.5%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs -6.3%).

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

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...

JBGS vs PLOW — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.4× larger
PLOW
$184.5M
$127.6M
JBGS
Growing faster (revenue YoY)
PLOW
PLOW
+31.0% gap
PLOW
28.6%
-2.5%
JBGS
Higher net margin
PLOW
PLOW
42.7% more per $
PLOW
7.0%
-35.7%
JBGS
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JBGS
JBGS
PLOW
PLOW
Revenue
$127.6M
$184.5M
Net Profit
$-45.5M
$12.8M
Gross Margin
26.1%
Operating Margin
-47.5%
10.5%
Net Margin
-35.7%
7.0%
Revenue YoY
-2.5%
28.6%
Net Profit YoY
24.0%
62.3%
EPS (diluted)
$-0.76
$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
JBGS
JBGS
PLOW
PLOW
Q4 25
$127.6M
$184.5M
Q3 25
$123.9M
$162.1M
Q2 25
$126.5M
$194.3M
Q1 25
$120.7M
$115.1M
Q4 24
$130.8M
$143.5M
Q3 24
$136.0M
$129.4M
Q2 24
$135.3M
$199.9M
Q1 24
$145.2M
$95.7M
Net Profit
JBGS
JBGS
PLOW
PLOW
Q4 25
$-45.5M
$12.8M
Q3 25
$-28.6M
$8.0M
Q2 25
$-19.2M
$26.0M
Q1 25
$-45.7M
$148.0K
Q4 24
$-59.9M
$7.9M
Q3 24
$-27.0M
$32.3M
Q2 24
$-24.4M
$24.3M
Q1 24
$-32.3M
$-8.4M
Gross Margin
JBGS
JBGS
PLOW
PLOW
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 24
19.8%
Operating Margin
JBGS
JBGS
PLOW
PLOW
Q4 25
-47.5%
10.5%
Q3 25
-27.5%
8.7%
Q2 25
-18.4%
19.0%
Q1 25
-44.7%
2.8%
Q4 24
-53.6%
9.0%
Q3 24
-22.4%
35.4%
Q2 24
-24.3%
18.2%
Q1 24
-30.1%
-6.7%
Net Margin
JBGS
JBGS
PLOW
PLOW
Q4 25
-35.7%
7.0%
Q3 25
-23.1%
4.9%
Q2 25
-15.2%
13.4%
Q1 25
-37.9%
0.1%
Q4 24
-45.8%
5.5%
Q3 24
-19.8%
24.9%
Q2 24
-18.0%
12.2%
Q1 24
-22.2%
-8.7%
EPS (diluted)
JBGS
JBGS
PLOW
PLOW
Q4 25
$-0.76
$0.54
Q3 25
$-0.48
$0.33
Q2 25
$-0.29
$1.09
Q1 25
$-0.56
$0.00
Q4 24
$-0.70
$0.35
Q3 24
$-0.32
$1.36
Q2 24
$-0.27
$1.02
Q1 24
$-0.36
$-0.37

Balance Sheet & Financial Strength

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

Metric
JBGS
JBGS
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$75.3M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$1.2B
$281.4M
Total Assets
$4.4B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JBGS
JBGS
PLOW
PLOW
Q4 25
$75.3M
Q3 25
$64.4M
Q2 25
$61.4M
Q1 25
$81.3M
Q4 24
$145.8M
Q3 24
$137.0M
Q2 24
$163.5M
Q1 24
$220.5M
Total Debt
JBGS
JBGS
PLOW
PLOW
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
JBGS
JBGS
PLOW
PLOW
Q4 25
$1.2B
$281.4M
Q3 25
$1.2B
$275.3M
Q2 25
$1.3B
$273.3M
Q1 25
$1.6B
$258.9M
Q4 24
$1.8B
$264.2M
Q3 24
$1.9B
$260.8M
Q2 24
$2.0B
$236.7M
Q1 24
$2.1B
$217.2M
Total Assets
JBGS
JBGS
PLOW
PLOW
Q4 25
$4.4B
$626.7M
Q3 25
$4.4B
$694.9M
Q2 25
$4.5B
$671.5M
Q1 25
$4.7B
$621.0M
Q4 24
$5.0B
$590.0M
Q3 24
$5.2B
$665.6M
Q2 24
$5.3B
$617.0M
Q1 24
$5.4B
$577.1M
Debt / Equity
JBGS
JBGS
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
JBGS
JBGS
PLOW
PLOW
Operating Cash FlowLast quarter
$73.3M
$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
JBGS
JBGS
PLOW
PLOW
Q4 25
$73.3M
$95.9M
Q3 25
$8.9M
$-8.5M
Q2 25
$18.8M
$-11.4M
Q1 25
$12.9M
$-1.3M
Q4 24
$129.4M
$74.4M
Q3 24
$26.4M
$-14.2M
Q2 24
$23.8M
$2.5M
Q1 24
$37.0M
$-21.6M
Free Cash Flow
JBGS
JBGS
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
JBGS
JBGS
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
JBGS
JBGS
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
JBGS
JBGS
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

JBGS
JBGS

Segment breakdown not available.

PLOW
PLOW

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

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