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

PRA GROUP INC is the larger business by last-quarter revenue ($333.4M vs $184.5M, roughly 1.8× DOUGLAS DYNAMICS, INC). PRA GROUP INC runs the higher net margin — 17.0% vs 7.0%, a 10.0% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 13.7%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $-90.4M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 14.2%).

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...

PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

PLOW vs PRAA — Head-to-Head

Bigger by revenue
PRAA
PRAA
1.8× larger
PRAA
$333.4M
$184.5M
PLOW
Growing faster (revenue YoY)
PLOW
PLOW
+14.9% gap
PLOW
28.6%
13.7%
PRAA
Higher net margin
PRAA
PRAA
10.0% more per $
PRAA
17.0%
7.0%
PLOW
More free cash flow
PLOW
PLOW
$183.2M more FCF
PLOW
$92.8M
$-90.4M
PRAA
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
14.2%
PRAA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PLOW
PLOW
PRAA
PRAA
Revenue
$184.5M
$333.4M
Net Profit
$12.8M
$56.5M
Gross Margin
26.1%
Operating Margin
10.5%
37.7%
Net Margin
7.0%
17.0%
Revenue YoY
28.6%
13.7%
Net Profit YoY
62.3%
206.3%
EPS (diluted)
$0.54
$1.47

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
PLOW
PLOW
PRAA
PRAA
Q4 25
$184.5M
$333.4M
Q3 25
$162.1M
$311.1M
Q2 25
$194.3M
$287.7M
Q1 25
$115.1M
$269.6M
Q4 24
$143.5M
$293.2M
Q3 24
$129.4M
$281.5M
Q2 24
$199.9M
$284.2M
Q1 24
$95.7M
$255.6M
Net Profit
PLOW
PLOW
PRAA
PRAA
Q4 25
$12.8M
$56.5M
Q3 25
$8.0M
$-407.7M
Q2 25
$26.0M
$42.4M
Q1 25
$148.0K
$3.7M
Q4 24
$7.9M
$18.5M
Q3 24
$32.3M
$27.2M
Q2 24
$24.3M
$21.5M
Q1 24
$-8.4M
$3.5M
Gross Margin
PLOW
PLOW
PRAA
PRAA
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
PLOW
PLOW
PRAA
PRAA
Q4 25
10.5%
37.7%
Q3 25
8.7%
-101.4%
Q2 25
19.0%
29.6%
Q1 25
2.8%
27.7%
Q4 24
9.0%
32.1%
Q3 24
35.4%
32.0%
Q2 24
18.2%
31.4%
Q1 24
-6.7%
26.0%
Net Margin
PLOW
PLOW
PRAA
PRAA
Q4 25
7.0%
17.0%
Q3 25
4.9%
-131.0%
Q2 25
13.4%
14.7%
Q1 25
0.1%
1.4%
Q4 24
5.5%
6.3%
Q3 24
24.9%
9.6%
Q2 24
12.2%
7.6%
Q1 24
-8.7%
1.4%
EPS (diluted)
PLOW
PLOW
PRAA
PRAA
Q4 25
$0.54
$1.47
Q3 25
$0.33
$-10.43
Q2 25
$1.09
$1.08
Q1 25
$0.00
$0.09
Q4 24
$0.35
$0.47
Q3 24
$1.36
$0.69
Q2 24
$1.02
$0.54
Q1 24
$-0.37
$0.09

Balance Sheet & Financial Strength

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

Metric
PLOW
PLOW
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$104.4M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$281.4M
$979.9M
Total Assets
$626.7M
$5.1B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLOW
PLOW
PRAA
PRAA
Q4 25
$104.4M
Q3 25
$107.5M
Q2 25
$131.6M
Q1 25
$128.7M
Q4 24
$105.9M
Q3 24
$141.1M
Q2 24
$118.9M
Q1 24
$108.1M
Total Debt
PLOW
PLOW
PRAA
PRAA
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PLOW
PLOW
PRAA
PRAA
Q4 25
$281.4M
$979.9M
Q3 25
$275.3M
$928.5M
Q2 25
$273.3M
$1.3B
Q1 25
$258.9M
$1.2B
Q4 24
$264.2M
$1.1B
Q3 24
$260.8M
$1.2B
Q2 24
$236.7M
$1.1B
Q1 24
$217.2M
$1.1B
Total Assets
PLOW
PLOW
PRAA
PRAA
Q4 25
$626.7M
$5.1B
Q3 25
$694.9M
$5.0B
Q2 25
$671.5M
$5.4B
Q1 25
$621.0M
$5.1B
Q4 24
$590.0M
$4.9B
Q3 24
$665.6M
$4.9B
Q2 24
$617.0M
$4.7B
Q1 24
$577.1M
$4.5B
Debt / Equity
PLOW
PLOW
PRAA
PRAA
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
PLOW
PLOW
PRAA
PRAA
Operating Cash FlowLast quarter
$95.9M
$-85.5M
Free Cash FlowOCF − Capex
$92.8M
$-90.4M
FCF MarginFCF / Revenue
50.3%
-27.1%
Capex IntensityCapex / Revenue
1.7%
1.4%
Cash ConversionOCF / Net Profit
7.47×
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$63.6M
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLOW
PLOW
PRAA
PRAA
Q4 25
$95.9M
$-85.5M
Q3 25
$-8.5M
$-10.1M
Q2 25
$-11.4M
$-12.9M
Q1 25
$-1.3M
$-52.6M
Q4 24
$74.4M
$-94.6M
Q3 24
$-14.2M
$-35.0M
Q2 24
$2.5M
$-29.5M
Q1 24
$-21.6M
$-73.0M
Free Cash Flow
PLOW
PLOW
PRAA
PRAA
Q4 25
$92.8M
$-90.4M
Q3 25
$-11.4M
$-11.3M
Q2 25
$-14.3M
$-14.2M
Q1 25
$-3.5M
$-53.5M
Q4 24
$70.2M
$-98.6M
Q3 24
$-15.2M
$-36.1M
Q2 24
$836.0K
$-30.8M
Q1 24
$-22.4M
$-73.5M
FCF Margin
PLOW
PLOW
PRAA
PRAA
Q4 25
50.3%
-27.1%
Q3 25
-7.1%
-3.6%
Q2 25
-7.4%
-4.9%
Q1 25
-3.0%
-19.8%
Q4 24
48.9%
-33.6%
Q3 24
-11.8%
-12.8%
Q2 24
0.4%
-10.8%
Q1 24
-23.4%
-28.8%
Capex Intensity
PLOW
PLOW
PRAA
PRAA
Q4 25
1.7%
1.4%
Q3 25
1.8%
0.4%
Q2 25
1.5%
0.4%
Q1 25
1.9%
0.3%
Q4 24
2.9%
1.4%
Q3 24
0.8%
0.4%
Q2 24
0.8%
0.5%
Q1 24
0.8%
0.2%
Cash Conversion
PLOW
PLOW
PRAA
PRAA
Q4 25
7.47×
-1.51×
Q3 25
-1.07×
Q2 25
-0.44×
-0.30×
Q1 25
-9.03×
-14.37×
Q4 24
9.41×
-5.13×
Q3 24
-0.44×
-1.29×
Q2 24
0.10×
-1.37×
Q1 24
-21.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLOW
PLOW

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

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

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