Gencor Industries vs Douglas Dynamics
Douglas Dynamics is the larger business, with $656m of revenue in fiscal 2025 against $115m for Gencor Industries (5.7 times as much). Douglas Dynamics grew faster (15.4% against 2.0%). Gencor Industries kept more of each dollar of sales as profit: a net margin of 13.6% against 7.1%. Gencor Industries carries less debt relative to equity (0.0% against 52.9%).
| Latest fiscal year | Gencor IndustriesGENC, 2025 | Douglas DynamicsPLOW, 2025 |
|---|---|---|
| Revenue | $115m | $656m |
| Revenue growth | 2.0% | 15.4% |
| Net income | $15.7m | $46.9m |
| Operating margin | 12.1% | 11.2% |
| Net margin | 13.6% | 7.1% |
| Return on equity | 7.7% | 17.2% |
| Free cash flow | $1.1m | $63.9m |
| Cash | $26.6m | $8.3m |
| Total debt | $0 | $149m |
| Debt to equity | 0.0% | 52.9% |
| Dividend per share | — | $1.18 |
| Dividend yield | — | 3.1% |
| Share buybacks | — | $6.0m |
| Employees | 318 | 1,764 |
| Market value | $253m | $854m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 36 (Weak) | 52 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 2 sales |