vs

Side-by-side financial comparison of Otter Tail Corp (OTTR) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

Otter Tail Corp is the larger business by last-quarter revenue ($308.1M vs $184.5M, roughly 1.7× DOUGLAS DYNAMICS, INC). Otter Tail Corp runs the higher net margin — 16.8% vs 7.0%, a 9.8% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 1.6%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $22.3M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs -5.8%).

Otter Tail Corporation is an electric power and manufacturing company based in Fergus Falls, Minnesota. Its subsidiaries include Otter Tail Power Company, BTD Manufacturing Inc., T.O. Plastics Inc., Northern Pipe Products Inc., and Vinyltech Corporation.

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...

OTTR vs PLOW — Head-to-Head

Bigger by revenue
OTTR
OTTR
1.7× larger
OTTR
$308.1M
$184.5M
PLOW
Growing faster (revenue YoY)
PLOW
PLOW
+26.9% gap
PLOW
28.6%
1.6%
OTTR
Higher net margin
OTTR
OTTR
9.8% more per $
OTTR
16.8%
7.0%
PLOW
More free cash flow
PLOW
PLOW
$70.6M more FCF
PLOW
$92.8M
$22.3M
OTTR
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
-5.8%
OTTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OTTR
OTTR
PLOW
PLOW
Revenue
$308.1M
$184.5M
Net Profit
$51.8M
$12.8M
Gross Margin
26.1%
Operating Margin
21.9%
10.5%
Net Margin
16.8%
7.0%
Revenue YoY
1.6%
28.6%
Net Profit YoY
-5.6%
62.3%
EPS (diluted)
$1.22
$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
OTTR
OTTR
PLOW
PLOW
Q4 25
$308.1M
$184.5M
Q3 25
$325.6M
$162.1M
Q2 25
$333.0M
$194.3M
Q1 25
$337.4M
$115.1M
Q4 24
$303.1M
$143.5M
Q3 24
$338.0M
$129.4M
Q2 24
$342.3M
$199.9M
Q1 24
$347.1M
$95.7M
Net Profit
OTTR
OTTR
PLOW
PLOW
Q4 25
$51.8M
$12.8M
Q3 25
$78.3M
$8.0M
Q2 25
$77.7M
$26.0M
Q1 25
$68.1M
$148.0K
Q4 24
$54.9M
$7.9M
Q3 24
$85.5M
$32.3M
Q2 24
$87.0M
$24.3M
Q1 24
$74.3M
$-8.4M
Gross Margin
OTTR
OTTR
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
OTTR
OTTR
PLOW
PLOW
Q4 25
21.9%
10.5%
Q3 25
29.7%
8.7%
Q2 25
29.3%
19.0%
Q1 25
24.9%
2.8%
Q4 24
22.0%
9.0%
Q3 24
31.8%
35.4%
Q2 24
32.4%
18.2%
Q1 24
27.4%
-6.7%
Net Margin
OTTR
OTTR
PLOW
PLOW
Q4 25
16.8%
7.0%
Q3 25
24.0%
4.9%
Q2 25
23.3%
13.4%
Q1 25
20.2%
0.1%
Q4 24
18.1%
5.5%
Q3 24
25.3%
24.9%
Q2 24
25.4%
12.2%
Q1 24
21.4%
-8.7%
EPS (diluted)
OTTR
OTTR
PLOW
PLOW
Q4 25
$1.22
$0.54
Q3 25
$1.86
$0.33
Q2 25
$1.85
$1.09
Q1 25
$1.62
$0.00
Q4 24
$1.30
$0.35
Q3 24
$2.03
$1.36
Q2 24
$2.07
$1.02
Q1 24
$1.77
$-0.37

Balance Sheet & Financial Strength

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

Metric
OTTR
OTTR
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$440.5M
Total DebtLower is stronger
$963.6M
$144.0M
Stockholders' EquityBook value
$1.9B
$281.4M
Total Assets
$4.0B
$626.7M
Debt / EquityLower = less leverage
0.52×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTTR
OTTR
PLOW
PLOW
Q4 25
$440.5M
Q3 25
$379.7M
Q2 25
$307.2M
Q1 25
$284.8M
Q4 24
$295.4M
Q3 24
$280.0M
Q2 24
$230.7M
Q1 24
$238.2M
Total Debt
OTTR
OTTR
PLOW
PLOW
Q4 25
$963.6M
$144.0M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$993.5M
Q4 24
$943.7M
$147.5M
Q3 24
$947.0M
Q2 24
$947.0M
Q1 24
$947.0M
Stockholders' Equity
OTTR
OTTR
PLOW
PLOW
Q4 25
$1.9B
$281.4M
Q3 25
$1.8B
$275.3M
Q2 25
$1.8B
$273.3M
Q1 25
$1.7B
$258.9M
Q4 24
$1.7B
$264.2M
Q3 24
$1.6B
$260.8M
Q2 24
$1.6B
$236.7M
Q1 24
$1.5B
$217.2M
Total Assets
OTTR
OTTR
PLOW
PLOW
Q4 25
$4.0B
$626.7M
Q3 25
$3.8B
$694.9M
Q2 25
$3.8B
$671.5M
Q1 25
$3.7B
$621.0M
Q4 24
$3.7B
$590.0M
Q3 24
$3.6B
$665.6M
Q2 24
$3.5B
$617.0M
Q1 24
$3.3B
$577.1M
Debt / Equity
OTTR
OTTR
PLOW
PLOW
Q4 25
0.52×
0.51×
Q3 25
0.57×
Q2 25
0.59×
Q1 25
0.58×
Q4 24
0.57×
0.56×
Q3 24
0.58×
Q2 24
0.60×
Q1 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
OTTR
OTTR
PLOW
PLOW
Operating Cash FlowLast quarter
$97.0M
$95.9M
Free Cash FlowOCF − Capex
$22.3M
$92.8M
FCF MarginFCF / Revenue
7.2%
50.3%
Capex IntensityCapex / Revenue
24.3%
1.7%
Cash ConversionOCF / Net Profit
1.87×
7.47×
TTM Free Cash FlowTrailing 4 quarters
$97.9M
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTTR
OTTR
PLOW
PLOW
Q4 25
$97.0M
$95.9M
Q3 25
$129.6M
$-8.5M
Q2 25
$119.9M
$-11.4M
Q1 25
$39.5M
$-1.3M
Q4 24
$130.0M
$74.4M
Q3 24
$99.3M
$-14.2M
Q2 24
$151.5M
$2.5M
Q1 24
$71.9M
$-21.6M
Free Cash Flow
OTTR
OTTR
PLOW
PLOW
Q4 25
$22.3M
$92.8M
Q3 25
$40.5M
$-11.4M
Q2 25
$53.7M
$-14.3M
Q1 25
$-18.5M
$-3.5M
Q4 24
$31.1M
$70.2M
Q3 24
$15.1M
$-15.2M
Q2 24
$50.1M
$836.0K
Q1 24
$-2.1M
$-22.4M
FCF Margin
OTTR
OTTR
PLOW
PLOW
Q4 25
7.2%
50.3%
Q3 25
12.4%
-7.1%
Q2 25
16.1%
-7.4%
Q1 25
-5.5%
-3.0%
Q4 24
10.2%
48.9%
Q3 24
4.5%
-11.8%
Q2 24
14.6%
0.4%
Q1 24
-0.6%
-23.4%
Capex Intensity
OTTR
OTTR
PLOW
PLOW
Q4 25
24.3%
1.7%
Q3 25
27.4%
1.8%
Q2 25
19.9%
1.5%
Q1 25
17.2%
1.9%
Q4 24
32.6%
2.9%
Q3 24
24.9%
0.8%
Q2 24
29.6%
0.8%
Q1 24
21.3%
0.8%
Cash Conversion
OTTR
OTTR
PLOW
PLOW
Q4 25
1.87×
7.47×
Q3 25
1.65×
-1.07×
Q2 25
1.54×
-0.44×
Q1 25
0.58×
-9.03×
Q4 24
2.37×
9.41×
Q3 24
1.16×
-0.44×
Q2 24
1.74×
0.10×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OTTR
OTTR

Retail Commercial And Industrial$91.0M30%
Plastics$81.2M26%
Manufacturing$77.2M25%
Retail Residential$35.8M12%
Electric Transmission$14.4M5%
Plastic Products$9.2M3%
Electric Product Other$1.8M1%

PLOW
PLOW

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

Related Comparisons