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Astec Industries vs Douglas Dynamics: revenue, profit, margins and growth compared

Astec Industries brought in $1.4B of revenue in fiscal 2025, Douglas Dynamics $656.1M in fiscal 2025. Revenue changed by +8.1% at Astec Industries and +15.4% at Douglas Dynamics on the year before, so Douglas Dynamics grew faster. Astec Industries kept 2.8% of its revenue as net profit, Douglas Dynamics 7.1%. Free cash flow was $20.7M at Astec Industries and $63.9M at Douglas Dynamics.

Side by side, latest fiscal year

ASTEPLOW
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.4B$656.1M
Revenue growth+8.1%+15.4%
Net income$38.8M$46.9M
Net margin2.8%7.1%
Free cash flow$20.7M$63.9M
Free cash flow margin1.5%9.7%
Earnings per share (diluted)$1.68$1.96
Cash$72M$8.3M
Debt$335.8M$144M
Price to earnings24.620.3
Market value$950.5M$917.1M
Dividend yield1.26%2.97%
Rank by revenue in sector#250 of 451 · Industrials#294 of 451 · Industrials

Over the years

Revenue
ASTE FY2018: $1.2BASTE FY2019: $1.2BASTE FY2020: $1BASTE FY2021: $1.1BASTE FY2022: $1.3BASTE FY2023: $1.3BASTE FY2024: $1.3BASTE FY2025: $1.4BPLOW FY2018: $524.1MPLOW FY2019: $571.7MPLOW FY2020: $480.2MPLOW FY2021: $541.5MPLOW FY2022: $616.1MPLOW FY2023: $568.2MPLOW FY2024: $568.5MPLOW FY2025: $656.1MFY18FY19FY20FY21FY22FY23FY24FY25
ASTE $1.4BPLOW $656.1M
Net income
ASTE FY2018: -$60.4MASTE FY2019: $22.3MASTE FY2020: $46MASTE FY2021: $15.8MASTE FY2022: -$100KASTE FY2023: $33.5MASTE FY2024: $4.3MASTE FY2025: $38.8MPLOW FY2018: $43.9MPLOW FY2019: $49.2MPLOW FY2020: -$86.6MPLOW FY2021: $30.7MPLOW FY2022: $38.6MPLOW FY2023: $23.7MPLOW FY2024: $56.2MPLOW FY2025: $46.9MFY18FY19FY20FY21FY22FY23FY24FY25
ASTE $38.8MPLOW $46.9M
Net margin
ASTE FY2018: -5.2%ASTE FY2019: 1.9%ASTE FY2020: 4.5%ASTE FY2021: 1.4%ASTE FY2022: -0.0%ASTE FY2023: 2.5%ASTE FY2024: 0.3%ASTE FY2025: 2.8%PLOW FY2018: 8.4%PLOW FY2019: 8.6%PLOW FY2020: -18.0%PLOW FY2021: 5.7%PLOW FY2022: 6.3%PLOW FY2023: 4.2%PLOW FY2024: 9.9%PLOW FY2025: 7.1%FY18FY19FY20FY21FY22FY23FY24FY25
ASTE 2.8%PLOW 7.1%
Revenue growth
ASTE FY2019: -0.2%ASTE FY2020: -12.4%ASTE FY2021: +6.9%ASTE FY2022: +16.3%ASTE FY2023: +5.0%ASTE FY2024: -2.5%ASTE FY2025: +8.1%PLOW FY2019: +9.1%PLOW FY2020: -16.0%PLOW FY2021: +12.8%PLOW FY2022: +13.8%PLOW FY2023: -7.8%PLOW FY2024: +0.1%PLOW FY2025: +15.4%FY19FY20FY21FY22FY23FY24FY25
ASTE +8.1%PLOW +15.4%
Free cash flow
ASTE FY2018: -$57.4MASTE FY2019: $89.2MASTE FY2020: $126.1MASTE FY2021: -$12.7MASTE FY2022: -$114.6MASTE FY2023: -$6.3MASTE FY2024: $2.5MASTE FY2025: $20.7MPLOW FY2018: $48.5MPLOW FY2019: $65.8MPLOW FY2020: $38.7MPLOW FY2021: $48.7MPLOW FY2022: $27.6MPLOW FY2023: $2.7MPLOW FY2024: $33.4MPLOW FY2025: $63.9MFY18FY19FY20FY21FY22FY23FY24FY25
ASTE $20.7MPLOW $63.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Astec Industries and Douglas Dynamics

Which is bigger by revenue, Astec Industries or Douglas Dynamics?

Astec Industries is bigger by revenue: $1.4B in fiscal 2025, against $656.1M for Douglas Dynamics in fiscal 2025.

Which keeps more of its revenue as profit, Astec Industries or Douglas Dynamics?

Astec Industries had a net margin of 2.8% in fiscal 2025; Douglas Dynamics had 7.1% in fiscal 2025.

Which grew revenue faster, Astec Industries or Douglas Dynamics?

In their latest fiscal years revenue changed by +8.1% at Astec Industries and +15.4% at Douglas Dynamics.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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