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Side-by-side financial comparison of DOUGLAS DYNAMICS, INC (PLOW) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $184.5M, roughly 1.8× DOUGLAS DYNAMICS, INC). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -18.0%, a 24.9% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $92.8M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs -4.6%).
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...
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
PLOW vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $184.5M | $334.0M |
| Net Profit | $12.8M | $-60.0M |
| Gross Margin | 26.1% | — |
| Operating Margin | 10.5% | — |
| Net Margin | 7.0% | -18.0% |
| Revenue YoY | 28.6% | -76.3% |
| Net Profit YoY | 62.3% | -170.6% |
| EPS (diluted) | $0.54 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $184.5M | $334.0M | ||
| Q3 25 | $162.1M | $382.0M | ||
| Q2 25 | $194.3M | $397.0M | ||
| Q1 25 | $115.1M | $316.0M | ||
| Q4 24 | $143.5M | $336.0M | ||
| Q3 24 | $129.4M | $396.0M | ||
| Q2 24 | $199.9M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $12.8M | $-60.0M | ||
| Q3 25 | $8.0M | $105.0M | ||
| Q2 25 | $26.0M | $87.0M | ||
| Q1 25 | $148.0K | $61.0M | ||
| Q4 24 | $7.9M | $85.0M | ||
| Q3 24 | $32.3M | $102.0M | ||
| Q2 24 | $24.3M | $86.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 10.5% | -11.4% | ||
| Q3 25 | 8.7% | 46.6% | ||
| Q2 25 | 19.0% | 37.8% | ||
| Q1 25 | 2.8% | 35.4% | ||
| Q4 24 | 9.0% | 38.4% | ||
| Q3 24 | 35.4% | 43.2% | ||
| Q2 24 | 18.2% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 7.0% | -18.0% | ||
| Q3 25 | 4.9% | 27.5% | ||
| Q2 25 | 13.4% | 21.9% | ||
| Q1 25 | 0.1% | 19.3% | ||
| Q4 24 | 5.5% | 25.3% | ||
| Q3 24 | 24.9% | 25.8% | ||
| Q2 24 | 12.2% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.54 | $-0.77 | ||
| Q3 25 | $0.33 | $1.36 | ||
| Q2 25 | $1.09 | $1.13 | ||
| Q1 25 | $0.00 | $0.78 | ||
| Q4 24 | $0.35 | $1.06 | ||
| Q3 24 | $1.36 | $1.29 | ||
| Q2 24 | $1.02 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $64.0M |
| Total DebtLower is stronger | $144.0M | — |
| Stockholders' EquityBook value | $281.4M | $468.0M |
| Total Assets | $626.7M | $4.2B |
| Debt / EquityLower = less leverage | 0.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | — | $64.0M | ||
| Q3 25 | — | $70.0M | ||
| Q2 25 | — | $50.0M | ||
| Q1 25 | — | $48.0M | ||
| Q4 24 | — | $103.0M | ||
| Q3 24 | — | $72.0M | ||
| Q2 24 | — | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $144.0M | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $147.5M | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $281.4M | $468.0M | ||
| Q3 25 | $275.3M | $583.0M | ||
| Q2 25 | $273.3M | $570.0M | ||
| Q1 25 | $258.9M | $579.0M | ||
| Q4 24 | $264.2M | $650.0M | ||
| Q3 24 | $260.8M | $583.0M | ||
| Q2 24 | $236.7M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $626.7M | $4.2B | ||
| Q3 25 | $694.9M | $4.3B | ||
| Q2 25 | $671.5M | $4.3B | ||
| Q1 25 | $621.0M | $4.2B | ||
| Q4 24 | $590.0M | $4.2B | ||
| Q3 24 | $665.6M | $4.2B | ||
| Q2 24 | $617.0M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.51× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | 0.56× | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $92.8M | $168.0M |
| FCF MarginFCF / Revenue | 50.3% | 50.3% |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | 7.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $63.6M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $95.9M | $152.0M | ||
| Q3 25 | $-8.5M | $86.0M | ||
| Q2 25 | $-11.4M | $70.0M | ||
| Q1 25 | $-1.3M | $59.0M | ||
| Q4 24 | $74.4M | $134.0M | ||
| Q3 24 | $-14.2M | $79.0M | ||
| Q2 24 | $2.5M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $92.8M | $136.0M | ||
| Q3 25 | $-11.4M | $75.0M | ||
| Q2 25 | $-14.3M | $58.0M | ||
| Q1 25 | $-3.5M | $52.0M | ||
| Q4 24 | $70.2M | $109.0M | ||
| Q3 24 | $-15.2M | $71.0M | ||
| Q2 24 | $836.0K | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 50.3% | 40.7% | ||
| Q3 25 | -7.1% | 19.6% | ||
| Q2 25 | -7.4% | 14.6% | ||
| Q1 25 | -3.0% | 16.5% | ||
| Q4 24 | 48.9% | 32.4% | ||
| Q3 24 | -11.8% | 17.9% | ||
| Q2 24 | 0.4% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 4.8% | ||
| Q3 25 | 1.8% | 2.9% | ||
| Q2 25 | 1.5% | 3.0% | ||
| Q1 25 | 1.9% | 2.2% | ||
| Q4 24 | 2.9% | 7.4% | ||
| Q3 24 | 0.8% | 2.0% | ||
| Q2 24 | 0.8% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 7.47× | — | ||
| Q3 25 | -1.07× | 0.82× | ||
| Q2 25 | -0.44× | 0.80× | ||
| Q1 25 | -9.03× | 0.97× | ||
| Q4 24 | 9.41× | 1.58× | ||
| Q3 24 | -0.44× | 0.77× | ||
| Q2 24 | 0.10× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
