Dover Corp. engages in the manufacture of equipment, components, and specialty systems. It also provides supporting engineering, testing, and other similar services. It operates through the following segments: Engineered Systems, Fluids, and Refrigeration and Food Equipment. The Engineered Systems segment focuses on the design, manufacture, and service of critical equipment and components serving the fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrial end markets. The Fluids segment focuses on the safe handling of critical fluids and gases the retail fueling, chemical, hygienic, and industrial end markets. The Refrigeration and Food Equipment segment provides innovative and energy-efficient equipment and systems serving the commercial refrigeration and food equipment end markets. The company was founded by George L. Ohrstrom in 1947 and is headquartered in Downers Grove, IL.
Highlights
DOV's equity is up by 4.5% year-on-year and by 3.7% since the previous quarter
The quick ratio has increased by 3.7% year-on-year and by 2.4% since the previous quarter
DOV's EPS is up by 13% year-on-year but it is down by 10% since the previous quarter
DOV's net income is up by 12% year-on-year but it is down by 10% since the previous quarter
DOV's price to earnings (P/E) is 24% higher than its 5-year quarterly average of 19.4 and 15% higher than its last 4 quarters average of 21.0
DOV's debt is up by 6% YoY
Key stats
What are the main financial stats of DOV
Market
Shares outstanding
143.97M
Market cap
$16.21B
Enterprise value
$19.07B
Valuations
Price to earnings (P/E)
24.11
Price to book (P/B)
5.25
Price to sales (P/S)
2.4
EV/EBIT
20.21
EV/EBITDA
15.67
EV/Sales
2.82
Earnings
Revenue
$6.76B
EBIT
$943.52M
EBITDA
$1.22B
Free cash flow
$889.28M
Per share
EPS
$4.67
Free cash flow per share
$6.18
Book value per share
$21.46
Revenue per share
$46.93
TBVPS
$28.55
Balance sheet
Total assets
$9.11B
Total liabilities
$6.02B
Debt
$3.51B
Equity
$3.09B
Working capital
$685.68M
Liquidity
Debt to equity
1.13
Current ratio
1.32
Quick ratio
0.85
Net debt/EBITDA
2.35
Margins
EBITDA margin
18%
Gross margin
36.8%
Net margin
10%
Operating margin
13.9%
Efficiency
Return on assets
7.6%
Return on equity
22.3%
Return on invested capital
19.6%
Return on capital employed
13.5%
Return on sales
14%
Dividend
Dividend yield
1.75%
DPS
$1.97
Payout ratio
42.1%
DOV stock price
How has the DOVER stock price performed over time
Financial performance
How have DOVER's revenue and profit performed over time
Revenue
$6.76B
Gross profit
$2.49B
Operating income
$940.97M
Net income
$675.17M
Gross margin
36.8%
Net margin
10%
DOV's net margin is up by 18% YoY but it is down by 6% QoQ
DOV's net income is up by 12% year-on-year but it is down by 10% since the previous quarter
The operating margin has grown by 11% YoY but it has contracted by 4.8% from the previous quarter
The operating income has decreased by 9% from the previous quarter but it has increased by 7% YoY
Growth
What is DOVER's growth rate over time
Valuation
What is DOVER stock price valuation
P/E
24.11
P/B
5.25
P/S
2.4
EV/EBIT
20.21
EV/EBITDA
15.67
EV/Sales
2.82
DOV's price to earnings (P/E) is 24% higher than its 5-year quarterly average of 19.4 and 15% higher than its last 4 quarters average of 21.0
DOV's EPS is up by 13% year-on-year but it is down by 10% since the previous quarter
DOV's price to book (P/B) is 42% higher than its 5-year quarterly average of 3.7 and 12% higher than its last 4 quarters average of 4.7
DOV's equity is up by 4.5% year-on-year and by 3.7% since the previous quarter
DOV's P/S is 26% above its 5-year quarterly average of 1.9 and 20% above its last 4 quarters average of 2.0
DOV's revenue is down by 4.7% year-on-year and by 4.4% since the previous quarter
Efficiency
How efficient is DOVER business performance
DOV's return on sales is up by 13% year-on-year but it is down by 4.8% since the previous quarter
The company's return on equity fell by 11% QoQ but it rose by 4.7% YoY
DOVER's return on assets has decreased by 11% QoQ but it has increased by 9% YoY
DOVER's return on invested capital has decreased by 9% QoQ but it has increased by 5% YoY
Dividends
What is DOV's dividend history
DPS
$1.97
Dividend yield
1.75%
Payout ratio
42.1%
Recent dividends
Financial health
How did DOVER financials performed over time
The total assets is 51% more than the total liabilities
The quick ratio has increased by 3.7% year-on-year and by 2.4% since the previous quarter
DOV's debt is 14% higher than its equity
DOV's equity is up by 4.5% year-on-year and by 3.7% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.