Manitowoc (MTW) vs Douglas Dynamics (PLOW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Manitowoc (MTW) has outperformed Douglas Dynamics (PLOW) over the past year, gaining 110.6% versus a gain of 31.2%. Over five years, MTW leads with a +12.7% price change compared with +3.7% for PLOW. Douglas Dynamics is the larger company by market cap ($917.1 million vs $795.2 million), about 1.2 times the size.
On valuation, Douglas Dynamics trades at a lower forward P/E (12.3x vs 24.1x for Manitowoc). Douglas Dynamics pays a dividend yielding 2.97%, while Manitowoc does not currently pay one.
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 | MTW | PLOW |
|---|---|---|
| Share price | $22.05 | $39.74 |
| Market cap | $795.17M | $917.08M |
| 1-day change | -5.69% | -2.31% |
| YTD return | +83.90% | +21.72% |
| 1-year return | +110.60% | +31.16% |
| 5-year return | +12.67% | +3.65% |
| P/E ratio (TTM) | 42.40 | 18.48 |
| Forward P/E | 24.07 | 12.31 |
| EPS (TTM) | $0.52 | $2.15 |
| Dividend yield | 0.00% | 2.97% |
| Annual dividend | $0.00 | $1.18 |
| 52-week high | $24.00 | $55.00 |
| 52-week low | $9.93 | $28.52 |
| Distance from 52-week high | -8.12% | -27.75% |
| Analyst consensus | none | none |
| Avg. price target upside | -36.51% | +35.88% |
| Average volume | 391.35K | 250.83K |
| Shares outstanding | 36.06M | 23.08M |
| Employees | 4,700 | 1,764 |
| Sector | Industrials | Consumer Cyclical |
| Industry | Farm & Heavy Construction Machinery | Auto Parts |
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
- MTW has outperformed PLOW by 79.4 percentage points over the past year.
- Manitowoc trades at a higher earnings multiple (42.4x vs 18.5x trailing P/E).
- Douglas Dynamics offers a meaningfully higher dividend yield (2.97% vs 0.00%).
- The two companies sit in different sectors: Manitowoc in Industrials and Douglas Dynamics in Consumer Cyclical.
About Manitowoc
MTW stock →The Manitowoc Company, Inc., together with its subsidiaries, provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, the Asia Pacific, and internationally. The company designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile hydraulic cranes comprising rough-terrain cranes, all-terrain cranes, truck-mounted cranes, telescopic crawler cranes, industrial cranes, and hydraulic boom trucks under the Grove, Shuttlelift, and National Crane brands.
Industrials · Farm & Heavy Construction Machinery · 4,700 employees
About Douglas Dynamics
PLOW stock →Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial vehicle attachments and equipment in North America.
Consumer Cyclical · Auto Parts · 1,764 employees
MTW vs PLOW FAQ
Which is bigger, Manitowoc or Douglas Dynamics?
Douglas Dynamics (PLOW) is larger, with a market capitalization of $917.08M compared with $795.17M for Manitowoc (MTW).
Which stock has performed better over the past year, MTW or PLOW?
MTW returned +110.60% 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, MTW or PLOW?
PLOW has the lower trailing P/E at 18.5, versus 42.4 for MTW. 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, Manitowoc or Douglas Dynamics?
Douglas Dynamics pays a dividend yielding 2.97%, while Manitowoc does not currently pay a regular dividend.
Are Manitowoc and Douglas Dynamics in the same industry?
No. Manitowoc is in the Industrials sector, while Douglas Dynamics is in Consumer Cyclical.