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Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and Stock Yards Bancorp, Inc. (SYBT). Click either name above to swap in a different company.

DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $104.4M, roughly 1.8× Stock Yards Bancorp, Inc.). Stock Yards Bancorp, Inc. runs the higher net margin — 35.1% vs 7.0%, a 28.1% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 11.7%). Stock Yards Bancorp, Inc. produced more free cash flow last quarter ($154.0M vs $92.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 11.9%).

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...

Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia. Community Trust Bancorp operates a commercial bank, Community Trust Bank, and a trust company, Community Trust and Investment Company of Lexington.

PLOW vs SYBT — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.8× larger
PLOW
$184.5M
$104.4M
SYBT
Growing faster (revenue YoY)
PLOW
PLOW
+16.9% gap
PLOW
28.6%
11.7%
SYBT
Higher net margin
SYBT
SYBT
28.1% more per $
SYBT
35.1%
7.0%
PLOW
More free cash flow
SYBT
SYBT
$61.2M more FCF
SYBT
$154.0M
$92.8M
PLOW
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
11.9%
SYBT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PLOW
PLOW
SYBT
SYBT
Revenue
$184.5M
$104.4M
Net Profit
$12.8M
$36.6M
Gross Margin
26.1%
Operating Margin
10.5%
45.9%
Net Margin
7.0%
35.1%
Revenue YoY
28.6%
11.7%
Net Profit YoY
62.3%
15.5%
EPS (diluted)
$0.54
$1.24

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
SYBT
SYBT
Q4 25
$184.5M
$104.4M
Q3 25
$162.1M
$101.5M
Q2 25
$194.3M
$97.8M
Q1 25
$115.1M
$93.5M
Q4 24
$143.5M
$93.5M
Q3 24
$129.4M
$89.8M
Q2 24
$199.9M
$85.7M
Q1 24
$95.7M
$83.3M
Net Profit
PLOW
PLOW
SYBT
SYBT
Q4 25
$12.8M
$36.6M
Q3 25
$8.0M
$36.2M
Q2 25
$26.0M
$34.0M
Q1 25
$148.0K
$33.3M
Q4 24
$7.9M
$31.7M
Q3 24
$32.3M
$29.4M
Q2 24
$24.3M
$27.6M
Q1 24
$-8.4M
$25.9M
Gross Margin
PLOW
PLOW
SYBT
SYBT
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
SYBT
SYBT
Q4 25
10.5%
45.9%
Q3 25
8.7%
45.0%
Q2 25
19.0%
43.9%
Q1 25
2.8%
44.5%
Q4 24
9.0%
41.9%
Q3 24
35.4%
41.2%
Q2 24
18.2%
41.2%
Q1 24
-6.7%
39.5%
Net Margin
PLOW
PLOW
SYBT
SYBT
Q4 25
7.0%
35.1%
Q3 25
4.9%
35.7%
Q2 25
13.4%
34.8%
Q1 25
0.1%
35.6%
Q4 24
5.5%
33.9%
Q3 24
24.9%
32.7%
Q2 24
12.2%
32.2%
Q1 24
-8.7%
31.1%
EPS (diluted)
PLOW
PLOW
SYBT
SYBT
Q4 25
$0.54
$1.24
Q3 25
$0.33
$1.23
Q2 25
$1.09
$1.15
Q1 25
$0.00
$1.13
Q4 24
$0.35
$1.07
Q3 24
$1.36
$1.00
Q2 24
$1.02
$0.94
Q1 24
$-0.37
$0.88

Balance Sheet & Financial Strength

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

Metric
PLOW
PLOW
SYBT
SYBT
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$144.0M
$26.8M
Stockholders' EquityBook value
$281.4M
$1.1B
Total Assets
$626.7M
$9.5B
Debt / EquityLower = less leverage
0.51×
0.02×

8-quarter trend — quarters aligned by calendar period.

Total Debt
PLOW
PLOW
SYBT
SYBT
Q4 25
$144.0M
$26.8M
Q3 25
$26.8M
Q2 25
Q1 25
$26.8M
Q4 24
$147.5M
$26.8M
Q3 24
$26.8M
Q2 24
$26.8M
Q1 24
$26.8M
Stockholders' Equity
PLOW
PLOW
SYBT
SYBT
Q4 25
$281.4M
$1.1B
Q3 25
$275.3M
$1.0B
Q2 25
$273.3M
$1.0B
Q1 25
$258.9M
$975.5M
Q4 24
$264.2M
$940.5M
Q3 24
$260.8M
$934.1M
Q2 24
$236.7M
$894.5M
Q1 24
$217.2M
$874.7M
Total Assets
PLOW
PLOW
SYBT
SYBT
Q4 25
$626.7M
$9.5B
Q3 25
$694.9M
$9.3B
Q2 25
$671.5M
$9.2B
Q1 25
$621.0M
$9.0B
Q4 24
$590.0M
$8.9B
Q3 24
$665.6M
$8.4B
Q2 24
$617.0M
$8.3B
Q1 24
$577.1M
$8.1B
Debt / Equity
PLOW
PLOW
SYBT
SYBT
Q4 25
0.51×
0.02×
Q3 25
0.03×
Q2 25
Q1 25
0.03×
Q4 24
0.56×
0.03×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.03×

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
SYBT
SYBT
Operating Cash FlowLast quarter
$95.9M
$166.0M
Free Cash FlowOCF − Capex
$92.8M
$154.0M
FCF MarginFCF / Revenue
50.3%
147.5%
Capex IntensityCapex / Revenue
1.7%
11.5%
Cash ConversionOCF / Net Profit
7.47×
4.54×
TTM Free Cash FlowTrailing 4 quarters
$63.6M
$260.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLOW
PLOW
SYBT
SYBT
Q4 25
$95.9M
$166.0M
Q3 25
$-8.5M
$38.2M
Q2 25
$-11.4M
$55.9M
Q1 25
$-1.3M
$19.8M
Q4 24
$74.4M
$142.9M
Q3 24
$-14.2M
$55.4M
Q2 24
$2.5M
$51.1M
Q1 24
$-21.6M
$17.4M
Free Cash Flow
PLOW
PLOW
SYBT
SYBT
Q4 25
$92.8M
$154.0M
Q3 25
$-11.4M
$35.2M
Q2 25
$-14.3M
$53.5M
Q1 25
$-3.5M
$17.8M
Q4 24
$70.2M
$133.0M
Q3 24
$-15.2M
$53.9M
Q2 24
$836.0K
$47.9M
Q1 24
$-22.4M
$15.6M
FCF Margin
PLOW
PLOW
SYBT
SYBT
Q4 25
50.3%
147.5%
Q3 25
-7.1%
34.6%
Q2 25
-7.4%
54.7%
Q1 25
-3.0%
19.1%
Q4 24
48.9%
142.3%
Q3 24
-11.8%
60.0%
Q2 24
0.4%
55.9%
Q1 24
-23.4%
18.7%
Capex Intensity
PLOW
PLOW
SYBT
SYBT
Q4 25
1.7%
11.5%
Q3 25
1.8%
3.0%
Q2 25
1.5%
2.5%
Q1 25
1.9%
2.1%
Q4 24
2.9%
10.5%
Q3 24
0.8%
1.7%
Q2 24
0.8%
3.8%
Q1 24
0.8%
2.2%
Cash Conversion
PLOW
PLOW
SYBT
SYBT
Q4 25
7.47×
4.54×
Q3 25
-1.07×
1.05×
Q2 25
-0.44×
1.64×
Q1 25
-9.03×
0.59×
Q4 24
9.41×
4.51×
Q3 24
-0.44×
1.89×
Q2 24
0.10×
1.85×
Q1 24
0.67×

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%

SYBT
SYBT

Segment breakdown not available.

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