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Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and BRAND HOUSE COLLECTIVE, INC. (TBHC). Click either name above to swap in a different company.
DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $103.5M, roughly 1.8× BRAND HOUSE COLLECTIVE, INC.). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -3.6%, a 10.5% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs -9.6%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $-26.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs -21.0%).
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...
Soho House is an international private members’ club with a focus on the media, arts and fashion industries.
PLOW vs TBHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $184.5M | $103.5M |
| Net Profit | $12.8M | $-3.7M |
| Gross Margin | 26.1% | 20.4% |
| Operating Margin | 10.5% | -1.9% |
| Net Margin | 7.0% | -3.6% |
| Revenue YoY | 28.6% | -9.6% |
| Net Profit YoY | 62.3% | 51.8% |
| EPS (diluted) | $0.54 | $-0.16 |
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 | $103.5M | ||
| Q3 25 | $162.1M | $75.8M | ||
| Q2 25 | $194.3M | $81.5M | ||
| Q1 25 | $115.1M | $148.9M | ||
| Q4 24 | $143.5M | $114.4M | ||
| Q3 24 | $129.4M | $86.3M | ||
| Q2 24 | $199.9M | $91.8M | ||
| Q1 24 | $95.7M | $165.9M |
| Q4 25 | $12.8M | $-3.7M | ||
| Q3 25 | $8.0M | $-20.2M | ||
| Q2 25 | $26.0M | $-11.8M | ||
| Q1 25 | $148.0K | $7.9M | ||
| Q4 24 | $7.9M | $-7.7M | ||
| Q3 24 | $32.3M | $-14.5M | ||
| Q2 24 | $24.3M | $-8.8M | ||
| Q1 24 | $-8.4M | $10.1M |
| Q4 25 | 26.1% | 20.4% | ||
| Q3 25 | 23.5% | 16.3% | ||
| Q2 25 | 31.0% | 24.9% | ||
| Q1 25 | 24.5% | 30.3% | ||
| Q4 24 | 24.9% | 28.1% | ||
| Q3 24 | 23.9% | 20.5% | ||
| Q2 24 | 30.7% | 29.5% | ||
| Q1 24 | 19.8% | 32.0% |
| Q4 25 | 10.5% | -1.9% | ||
| Q3 25 | 8.7% | -24.7% | ||
| Q2 25 | 19.0% | -12.9% | ||
| Q1 25 | 2.8% | 6.2% | ||
| Q4 24 | 9.0% | -2.1% | ||
| Q3 24 | 35.4% | -15.4% | ||
| Q2 24 | 18.2% | -8.2% | ||
| Q1 24 | -6.7% | 6.4% |
| Q4 25 | 7.0% | -3.6% | ||
| Q3 25 | 4.9% | -26.6% | ||
| Q2 25 | 13.4% | -14.5% | ||
| Q1 25 | 0.1% | 5.3% | ||
| Q4 24 | 5.5% | -6.7% | ||
| Q3 24 | 24.9% | -16.8% | ||
| Q2 24 | 12.2% | -9.6% | ||
| Q1 24 | -8.7% | 6.1% |
| Q4 25 | $0.54 | $-0.16 | ||
| Q3 25 | $0.33 | $-0.90 | ||
| Q2 25 | $1.09 | $-0.54 | ||
| Q1 25 | $0.00 | $0.61 | ||
| Q4 24 | $0.35 | $-0.59 | ||
| Q3 24 | $1.36 | $-1.11 | ||
| Q2 24 | $1.02 | $-0.68 | ||
| Q1 24 | $-0.37 | $0.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $6.5M |
| Total DebtLower is stronger | $144.0M | — |
| Stockholders' EquityBook value | $281.4M | $-44.0M |
| Total Assets | $626.7M | $229.2M |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $3.6M | ||
| Q2 25 | — | $3.5M | ||
| Q1 25 | — | $3.8M | ||
| Q4 24 | — | $6.8M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $3.8M | ||
| Q1 24 | — | $3.8M |
| Q4 25 | $144.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.0M | ||
| Q4 24 | $147.5M | $85.8M | ||
| Q3 24 | — | $61.4M | ||
| Q2 24 | — | $47.5M | ||
| Q1 24 | — | $34.0M |
| Q4 25 | $281.4M | $-44.0M | ||
| Q3 25 | $275.3M | $-35.2M | ||
| Q2 25 | $273.3M | $-16.2M | ||
| Q1 25 | $258.9M | $-19.0M | ||
| Q4 24 | $264.2M | $-27.1M | ||
| Q3 24 | $260.8M | $-19.7M | ||
| Q2 24 | $236.7M | $-5.5M | ||
| Q1 24 | $217.2M | $3.1M |
| Q4 25 | $626.7M | $229.2M | ||
| Q3 25 | $694.9M | $221.9M | ||
| Q2 25 | $671.5M | $225.4M | ||
| Q1 25 | $621.0M | $242.2M | ||
| Q4 24 | $590.0M | $279.8M | ||
| Q3 24 | $665.6M | $266.2M | ||
| Q2 24 | $617.0M | $242.6M | ||
| Q1 24 | $577.1M | $250.6M |
| Q4 25 | 0.51× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.88× |
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 | $-25.9M |
| Free Cash FlowOCF − Capex | $92.8M | $-26.8M |
| FCF MarginFCF / Revenue | 50.3% | -25.9% |
| Capex IntensityCapex / Revenue | 1.7% | 0.9% |
| Cash ConversionOCF / Net Profit | 7.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $63.6M | $-18.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.9M | $-25.9M | ||
| Q3 25 | $-8.5M | $-7.0M | ||
| Q2 25 | $-11.4M | $-3.1M | ||
| Q1 25 | $-1.3M | $19.8M | ||
| Q4 24 | $74.4M | $-12.6M | ||
| Q3 24 | $-14.2M | $-12.7M | ||
| Q2 24 | $2.5M | $-13.7M | ||
| Q1 24 | $-21.6M | $28.2M |
| Q4 25 | $92.8M | $-26.8M | ||
| Q3 25 | $-11.4M | $-7.4M | ||
| Q2 25 | $-14.3M | $-3.6M | ||
| Q1 25 | $-3.5M | $19.0M | ||
| Q4 24 | $70.2M | $-13.1M | ||
| Q3 24 | $-15.2M | $-13.2M | ||
| Q2 24 | $836.0K | $-14.4M | ||
| Q1 24 | $-22.4M | $26.7M |
| Q4 25 | 50.3% | -25.9% | ||
| Q3 25 | -7.1% | -9.8% | ||
| Q2 25 | -7.4% | -4.5% | ||
| Q1 25 | -3.0% | 12.8% | ||
| Q4 24 | 48.9% | -11.5% | ||
| Q3 24 | -11.8% | -15.2% | ||
| Q2 24 | 0.4% | -15.7% | ||
| Q1 24 | -23.4% | 16.1% |
| Q4 25 | 1.7% | 0.9% | ||
| Q3 25 | 1.8% | 0.6% | ||
| Q2 25 | 1.5% | 0.7% | ||
| Q1 25 | 1.9% | 0.5% | ||
| Q4 24 | 2.9% | 0.4% | ||
| Q3 24 | 0.8% | 0.5% | ||
| Q2 24 | 0.8% | 0.8% | ||
| Q1 24 | 0.8% | 0.9% |
| Q4 25 | 7.47× | — | ||
| Q3 25 | -1.07× | — | ||
| Q2 25 | -0.44× | — | ||
| Q1 25 | -9.03× | 2.51× | ||
| Q4 24 | 9.41× | — | ||
| Q3 24 | -0.44× | — | ||
| Q2 24 | 0.10× | — | ||
| Q1 24 | — | 2.79× |
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% |
TBHC
Segment breakdown not available.
