PATK’s 5.3% One Day Pop Begs The Question: Is PLOW Better Instead?
Douglas Dynamics (PLOW) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Patrick Industries (PATK), suggesting you may be better off investing in PLOW
- PLOW’s quarterly revenue growth was 20.3%, vs. PATK’s 7.5%.
- In addition, its Last 3-Year Average revenue growth came in at 3.0%, ahead of PATK’s -5.3%.
- PLOW leads on profitability over both periods – LTM margin of 9.5% and 3-year average of 8.9%.
PATK manufactures and distributes components, building products, and materials for RV, marine, housing, and industrial markets, including furniture, shelving, mouldings, doors, air handling, and composite components. PLOW manufacturer and upfitter of commercial work truck attachments, specializing in snow and ice control products, truck upfits, and storage solutions for light and heavy-duty vehicles in North America.
Valuation & Performance Overview
| PATK | PLOW | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 14.1 | 13.3 | PLOW |
| Revenue Growth | |||
| Last Quarter | 7.5% | 20.3% | PLOW |
| Last 12 Months | 8.1% | 1.1% | PATK |
| Last 3 Year Average | -5.3% | 3.0% | PLOW |
| Operating Margins | |||
| Last 12 Months | 7.0% | 9.5% | PLOW |
| Last 3 Year Average | 7.8% | 8.9% | PLOW |
| Momentum | |||
| Last 3 Year Return | 192.2% | 8.4% | PATK |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: PATK Revenue Comparison | PLOW Revenue Comparison
See more margin details: PATK Operating Income Comparison | PLOW Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell PLOW Stock to see if Douglas Dynamics’s edge holds up under the hood or if Patrick Industries still has cards to play (see Buy or Sell PATK Stock).
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| PATK Return | 33% | 20% | -23% | 70% | 26% | 32% | 220% | <=== | |
| PLOW Return | -20% | -6% | -4% | -15% | -16% | 37% | -31% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 10% | 98% | ||
| Monthly Win Rates [3] | |||||||||
| PATK Win Rate | 67% | 67% | 50% | 58% | 58% | 57% | 60% | ||
| PLOW Win Rate | 42% | 17% | 42% | 50% | 33% | 71% | 42% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 57% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| PATK Max Drawdown | -63% | -0% | -46% | 0% | -6% | -10% | -21% | ||
| PLOW Max Drawdown | -53% | -16% | -27% | -31% | -26% | -7% | -27% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year till date (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read PLOW Dip Buyer Analyses and PATK Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.