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Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $168.3M, roughly 1.1× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 7.0%, a 18.4% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $92.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 4.9%).
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...
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
PLOW vs PRK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $184.5M | $168.3M |
| Net Profit | $12.8M | $42.6M |
| Gross Margin | 26.1% | — |
| Operating Margin | 10.5% | — |
| Net Margin | 7.0% | 25.3% |
| Revenue YoY | 28.6% | 2.2% |
| Net Profit YoY | 62.3% | 10.4% |
| EPS (diluted) | $0.54 | $2.62 |
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.
| Q4 25 | $184.5M | $168.3M | ||
| Q3 25 | $162.1M | $169.5M | ||
| Q2 25 | $194.3M | $168.7M | ||
| Q1 25 | $115.1M | $157.9M | ||
| Q4 24 | $143.5M | $164.7M | ||
| Q3 24 | $129.4M | $170.3M | ||
| Q2 24 | $199.9M | $157.7M | ||
| Q1 24 | $95.7M | $152.8M |
| Q4 25 | $12.8M | $42.6M | ||
| Q3 25 | $8.0M | $47.2M | ||
| Q2 25 | $26.0M | $48.1M | ||
| Q1 25 | $148.0K | $42.2M | ||
| Q4 24 | $7.9M | $38.6M | ||
| Q3 24 | $32.3M | $38.2M | ||
| Q2 24 | $24.3M | $39.4M | ||
| Q1 24 | $-8.4M | $35.2M |
| 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% | — |
| Q4 25 | 10.5% | — | ||
| Q3 25 | 8.7% | 34.3% | ||
| Q2 25 | 19.0% | 35.2% | ||
| Q1 25 | 2.8% | 32.4% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 35.4% | 27.4% | ||
| Q2 24 | 18.2% | 30.6% | ||
| Q1 24 | -6.7% | 27.8% |
| Q4 25 | 7.0% | 25.3% | ||
| Q3 25 | 4.9% | 27.8% | ||
| Q2 25 | 13.4% | 28.5% | ||
| Q1 25 | 0.1% | 26.7% | ||
| Q4 24 | 5.5% | 23.5% | ||
| Q3 24 | 24.9% | 22.4% | ||
| Q2 24 | 12.2% | 25.0% | ||
| Q1 24 | -8.7% | 23.0% |
| Q4 25 | $0.54 | $2.62 | ||
| Q3 25 | $0.33 | $2.92 | ||
| Q2 25 | $1.09 | $2.97 | ||
| Q1 25 | $0.00 | $2.60 | ||
| Q4 24 | $0.35 | $2.38 | ||
| Q3 24 | $1.36 | $2.35 | ||
| Q2 24 | $1.02 | $2.42 | ||
| Q1 24 | $-0.37 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $233.5M |
| Total DebtLower is stronger | $144.0M | — |
| Stockholders' EquityBook value | $281.4M | $1.4B |
| Total Assets | $626.7M | $9.8B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $233.5M | ||
| Q3 25 | — | $218.9M | ||
| Q2 25 | — | $193.1M | ||
| Q1 25 | — | $237.6M | ||
| Q4 24 | — | $160.6M | ||
| Q3 24 | — | $201.7M | ||
| Q2 24 | — | $261.5M | ||
| Q1 24 | — | $306.1M |
| Q4 25 | $144.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $147.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $281.4M | $1.4B | ||
| Q3 25 | $275.3M | $1.3B | ||
| Q2 25 | $273.3M | $1.3B | ||
| Q1 25 | $258.9M | $1.3B | ||
| Q4 24 | $264.2M | $1.2B | ||
| Q3 24 | $260.8M | $1.2B | ||
| Q2 24 | $236.7M | $1.2B | ||
| Q1 24 | $217.2M | $1.2B |
| Q4 25 | $626.7M | $9.8B | ||
| Q3 25 | $694.9M | $9.9B | ||
| Q2 25 | $671.5M | $9.9B | ||
| Q1 25 | $621.0M | $9.9B | ||
| Q4 24 | $590.0M | $9.8B | ||
| Q3 24 | $665.6M | $9.9B | ||
| Q2 24 | $617.0M | $9.9B | ||
| Q1 24 | $577.1M | $9.9B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $95.9M | $198.3M |
| Free Cash FlowOCF − Capex | $92.8M | $191.9M |
| FCF MarginFCF / Revenue | 50.3% | 114.1% |
| Capex IntensityCapex / Revenue | 1.7% | 3.8% |
| Cash ConversionOCF / Net Profit | 7.47× | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | $63.6M | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.9M | $198.3M | ||
| Q3 25 | $-8.5M | $52.6M | ||
| Q2 25 | $-11.4M | $49.7M | ||
| Q1 25 | $-1.3M | $37.9M | ||
| Q4 24 | $74.4M | $178.8M | ||
| Q3 24 | $-14.2M | $43.8M | ||
| Q2 24 | $2.5M | $50.9M | ||
| Q1 24 | $-21.6M | $35.0M |
| Q4 25 | $92.8M | $191.9M | ||
| Q3 25 | $-11.4M | $51.1M | ||
| Q2 25 | $-14.3M | $48.4M | ||
| Q1 25 | $-3.5M | $36.8M | ||
| Q4 24 | $70.2M | $169.7M | ||
| Q3 24 | $-15.2M | $41.7M | ||
| Q2 24 | $836.0K | $49.0M | ||
| Q1 24 | $-22.4M | $31.9M |
| Q4 25 | 50.3% | 114.1% | ||
| Q3 25 | -7.1% | 30.1% | ||
| Q2 25 | -7.4% | 28.7% | ||
| Q1 25 | -3.0% | 23.3% | ||
| Q4 24 | 48.9% | 103.0% | ||
| Q3 24 | -11.8% | 24.5% | ||
| Q2 24 | 0.4% | 31.1% | ||
| Q1 24 | -23.4% | 20.8% |
| Q4 25 | 1.7% | 3.8% | ||
| Q3 25 | 1.8% | 0.9% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 1.9% | 0.7% | ||
| Q4 24 | 2.9% | 5.6% | ||
| Q3 24 | 0.8% | 1.2% | ||
| Q2 24 | 0.8% | 1.2% | ||
| Q1 24 | 0.8% | 2.1% |
| Q4 25 | 7.47× | 4.65× | ||
| Q3 25 | -1.07× | 1.11× | ||
| Q2 25 | -0.44× | 1.03× | ||
| Q1 25 | -9.03× | 0.90× | ||
| Q4 24 | 9.41× | 4.63× | ||
| Q3 24 | -0.44× | 1.14× | ||
| Q2 24 | 0.10× | 1.29× | ||
| Q1 24 | — | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
PRK
Segment breakdown not available.
