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Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.
DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $164.7M, roughly 1.1× PTC THERAPEUTICS, INC.). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -82.0%, a 88.9% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs -22.7%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $-36.6M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs -11.5%).
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...
PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.
PLOW vs PTCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $184.5M | $164.7M |
| Net Profit | $12.8M | $-135.0M |
| Gross Margin | 26.1% | — |
| Operating Margin | 10.5% | -43.3% |
| Net Margin | 7.0% | -82.0% |
| Revenue YoY | 28.6% | -22.7% |
| Net Profit YoY | 62.3% | -104.8% |
| EPS (diluted) | $0.54 | $-1.63 |
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 | $164.7M | ||
| Q3 25 | $162.1M | $211.0M | ||
| Q2 25 | $194.3M | $178.9M | ||
| Q1 25 | $115.1M | $1.2B | ||
| Q4 24 | $143.5M | $213.2M | ||
| Q3 24 | $129.4M | $196.8M | ||
| Q2 24 | $199.9M | $186.7M | ||
| Q1 24 | $95.7M | $210.1M |
| Q4 25 | $12.8M | $-135.0M | ||
| Q3 25 | $8.0M | $15.9M | ||
| Q2 25 | $26.0M | $-64.8M | ||
| Q1 25 | $148.0K | $866.6M | ||
| Q4 24 | $7.9M | $-65.9M | ||
| Q3 24 | $32.3M | $-106.7M | ||
| Q2 24 | $24.3M | $-99.2M | ||
| Q1 24 | $-8.4M | $-91.6M |
| 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% | -43.3% | ||
| Q3 25 | 8.7% | 1.4% | ||
| Q2 25 | 19.0% | -19.5% | ||
| Q1 25 | 2.8% | 82.5% | ||
| Q4 24 | 9.0% | -76.2% | ||
| Q3 24 | 35.4% | -27.7% | ||
| Q2 24 | 18.2% | -21.5% | ||
| Q1 24 | -6.7% | -21.6% |
| Q4 25 | 7.0% | -82.0% | ||
| Q3 25 | 4.9% | 7.5% | ||
| Q2 25 | 13.4% | -36.3% | ||
| Q1 25 | 0.1% | 73.7% | ||
| Q4 24 | 5.5% | -30.9% | ||
| Q3 24 | 24.9% | -54.2% | ||
| Q2 24 | 12.2% | -53.1% | ||
| Q1 24 | -8.7% | -43.6% |
| Q4 25 | $0.54 | $-1.63 | ||
| Q3 25 | $0.33 | $0.20 | ||
| Q2 25 | $1.09 | $-0.83 | ||
| Q1 25 | $0.00 | $10.04 | ||
| Q4 24 | $0.35 | $-0.85 | ||
| Q3 24 | $1.36 | $-1.39 | ||
| Q2 24 | $1.02 | $-1.29 | ||
| Q1 24 | $-0.37 | $-1.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.9B |
| Total DebtLower is stronger | $144.0M | — |
| Stockholders' EquityBook value | $281.4M | $-205.3M |
| Total Assets | $626.7M | $2.9B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $884.8M |
| Q4 25 | $144.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $147.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $281.4M | $-205.3M | ||
| Q3 25 | $275.3M | $-155.8M | ||
| Q2 25 | $273.3M | $-206.5M | ||
| Q1 25 | $258.9M | $-185.8M | ||
| Q4 24 | $264.2M | $-1.1B | ||
| Q3 24 | $260.8M | $-1.1B | ||
| Q2 24 | $236.7M | $-980.2M | ||
| Q1 24 | $217.2M | $-893.9M |
| Q4 25 | $626.7M | $2.9B | ||
| Q3 25 | $694.9M | $2.6B | ||
| Q2 25 | $671.5M | $2.6B | ||
| Q1 25 | $621.0M | $2.7B | ||
| Q4 24 | $590.0M | $1.7B | ||
| Q3 24 | $665.6M | $1.8B | ||
| Q2 24 | $617.0M | $1.9B | ||
| Q1 24 | $577.1M | $1.8B |
| 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 | $-34.3M |
| Free Cash FlowOCF − Capex | $92.8M | $-36.6M |
| FCF MarginFCF / Revenue | 50.3% | -22.3% |
| Capex IntensityCapex / Revenue | 1.7% | 1.4% |
| Cash ConversionOCF / Net Profit | 7.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $63.6M | $702.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.9M | $-34.3M | ||
| Q3 25 | $-8.5M | $-66.3M | ||
| Q2 25 | $-11.4M | $-58.3M | ||
| Q1 25 | $-1.3M | $870.1M | ||
| Q4 24 | $74.4M | $-30.0M | ||
| Q3 24 | $-14.2M | $-77.0M | ||
| Q2 24 | $2.5M | $-71.5M | ||
| Q1 24 | $-21.6M | $70.8M |
| Q4 25 | $92.8M | $-36.6M | ||
| Q3 25 | $-11.4M | $-69.7M | ||
| Q2 25 | $-14.3M | $-59.6M | ||
| Q1 25 | $-3.5M | $868.4M | ||
| Q4 24 | $70.2M | $-33.8M | ||
| Q3 24 | $-15.2M | $-77.5M | ||
| Q2 24 | $836.0K | $-78.8M | ||
| Q1 24 | $-22.4M | $61.2M |
| Q4 25 | 50.3% | -22.3% | ||
| Q3 25 | -7.1% | -33.1% | ||
| Q2 25 | -7.4% | -33.3% | ||
| Q1 25 | -3.0% | 73.8% | ||
| Q4 24 | 48.9% | -15.8% | ||
| Q3 24 | -11.8% | -39.4% | ||
| Q2 24 | 0.4% | -42.2% | ||
| Q1 24 | -23.4% | 29.1% |
| Q4 25 | 1.7% | 1.4% | ||
| Q3 25 | 1.8% | 1.6% | ||
| Q2 25 | 1.5% | 0.7% | ||
| Q1 25 | 1.9% | 0.1% | ||
| Q4 24 | 2.9% | 1.8% | ||
| Q3 24 | 0.8% | 0.3% | ||
| Q2 24 | 0.8% | 4.0% | ||
| Q1 24 | 0.8% | 4.6% |
| Q4 25 | 7.47× | — | ||
| Q3 25 | -1.07× | -4.17× | ||
| Q2 25 | -0.44× | — | ||
| Q1 25 | -9.03× | 1.00× | ||
| 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
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
PTCT
Segment breakdown not available.
