Miller Industries (MLR) vs Douglas Dynamics (PLOW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Miller Industries (MLR) has outperformed Douglas Dynamics (PLOW) over the past year, gaining 33.0% versus a gain of 31.2%. Over five years, MLR leads with a +54.6% price change compared with +3.7% for PLOW. Douglas Dynamics is the larger company by market cap ($917.1 million vs $602.2 million), about 1.5 times the size.
On valuation, Douglas Dynamics trades at a lower forward P/E (12.3x vs 19.1x for Miller Industries). Douglas Dynamics offers the higher dividend yield (2.97% vs 1.55%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MLR | PLOW |
|---|---|---|
| Share price | $53.05 | $39.74 |
| Market cap | $602.23M | $917.08M |
| 1-day change | -1.98% | -2.31% |
| YTD return | +41.96% | +21.72% |
| 1-year return | +32.99% | +31.16% |
| 5-year return | +54.62% | +3.65% |
| P/E ratio (TTM) | 42.44 | 18.06 |
| Forward P/E | 19.08 | 12.31 |
| EPS (TTM) | $1.25 | $2.20 |
| Dividend yield | 1.55% | 2.97% |
| Annual dividend | $0.82 | $1.18 |
| 52-week high | $59.70 | $55.00 |
| 52-week low | $35.72 | $28.52 |
| Distance from 52-week high | -11.14% | -27.75% |
| Average volume | 89.95K | 250.83K |
| Shares outstanding | 11.35M | 23.08M |
| Sector | Consumer Discretionary | Industrials |
| Industry | Construction/Ag Equipment/Trucks | Construction/Ag Equipment/Trucks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Miller Industries trades at a higher earnings multiple (42.4x vs 18.1x trailing P/E).
- Douglas Dynamics offers a meaningfully higher dividend yield (2.97% vs 1.55%).
- The two companies sit in different sectors: Miller Industries in Consumer Discretionary and Douglas Dynamics in Industrials.
MLR vs PLOW FAQ
Which is bigger, Miller Industries or Douglas Dynamics?
Douglas Dynamics (PLOW) is larger, with a market capitalization of $917.08M compared with $602.23M for Miller Industries (MLR).
Which stock has performed better over the past year, MLR or PLOW?
MLR returned +32.99% over the past 12 months, compared with +31.16% for PLOW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MLR or PLOW?
PLOW has the lower trailing P/E at 18.1, versus 42.4 for MLR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Miller Industries or Douglas Dynamics?
Douglas Dynamics has the higher yield at 2.97%, compared with 1.55% for Miller Industries.
Are Miller Industries and Douglas Dynamics in the same industry?
Yes. Both are classified in the Construction/Ag Equipment/Trucks industry within the Consumer Discretionary sector.