Dover Corporation(DOV) Stock Research - Grey Stern Research
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Dover Corporation (DOV) Stock Analysis

$191.18 (2.82%)

DOV Financial Performance


Use the table below to view Dover Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $185.93 -
52 Week Low $127.25 -
52 Week High $192.31 -
Market Cap $25.6 Billion 8/11
Gross Margin 38% 6/11
Profit Margin 13% 6/11
EBITDA margin 21% 8/11
Q2 - 2024 Revenue $2.2 Billion 6/11
Q2 - 2024 Earnings $281.8 Million 6/11
Q2 - 2024 Free Cash Flow $162.8 Million 8/11
Trailing 4 Quarters Revenue $8.5 Billion 6/11
Trailing 4 Quarters Earnings $1.5 Billion 6/11
Quarterly Earnings Growth 16% 4/11
Annual Earnings Growth 62% 2/11
Quarterly Revenue Growth 4% 6/11
Annual Revenue Growth 2% 5/11
Cash On Hand $328.8 Million 8/11
Short Term Debt $210.5 Million 6/11
Long Term Debt $3.0 Billion 7/11

Dover Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Dover Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 17.04 11/11
PS 3.00 9/11
PB 4.76 5/11
PC 77.74 5/11
Liabilities to Equity 1.11 4/11
ROA 0.13 3/11
ROE 0.28 3/11
Current Ratio 1.90 8/11
Quick Ratio 0.06 10/11
Long Term Debt to Equity 0.55 4/11
Debt to Equity 0.59 4/11
Burn Rate -2.97 10/11
Cash to Cap 0.01 6/11
CCR 0.58 8/11
EV to EBITDA 61.18 6/11
EV to Revenue 3.33 8/11

Company Details

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The Imaging and Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps and Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

CEO: Mr. Richard Tobin

Website: https://www.dovercorporation.com

Address: 3005 Highland Pkwy Ste 200 Downers Grove, ILLINOIS

Exchange: New York Stock Exchange

Industry: Specialty Industrial Machinery

Dover Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Dover Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Emerson Electric Co. EMR $60.7 Billion
Eaton Corporation plc ETN $130.9 Billion
Cummins Inc. CMI $42.4 Billion
Illinois Tool Works Inc. ITW $76.6 Billion
Ingersoll Rand Inc. IR $39.4 Billion
Pentair plc PNR $15.8 Billion
Parker-Hannifin Corporation PH $80.5 Billion
A. O. Smith Corporation AOS $12.3 Billion
Xylem Inc. XYL $33.1 Billion
Franklin Electric Co., Inc. FELE $4.7 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
DOV Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 2.2 Billion $281.8 Million
Q1 2024 $ 2.1 Billion $632.2 Million
Q4 2023 $ 2.1 Billion $296.3 Million
Q3 2023 $ 2.2 Billion $289.8 Million
Q2 2023 $ 2.1 Billion $242.2 Million
Q1 2023 $ 2.1 Billion $228.6 Million
Q4 2022 $ 2.1 Billion $263.6 Million
Q3 2022 $ 2.2 Billion $286.0 Million

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DOV Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $328.8 Million $11.3 Billion $3.2 Billion $5.4 Billion
Q1 2024 $930.0 Million $12.0 Billion $3.9 Billion $5.2 Billion
Q4 2023 $398.6 Million $11.3 Billion $3.5 Billion $7.1 Billion
Q3 2023 $283.8 Million $10.8 Billion $3.2 Billion $4.8 Billion
Q2 2023 $285.8 Million $10.9 Billion $3.4 Billion $4.7 Billion
Q1 2023 $272.4 Million $10.8 Billion $3.5 Billion $4.5 Billion
Q4 2022 $380.9 Million $10.9 Billion $3.7 Billion $4.3 Billion
Q3 2022 $306.0 Million $10.7 Billion $3.6 Billion $4.0 Billion

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DOV Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $162.8 Million -$40.9 Million -$601.2 Million
Q1 2024 $122.1 Million -$44.5 Million $531.4 Million
Q4 2023 $455.3 Million -$61.0 Million $114.8 Million
Q3 2023 $340.3 Million -$43.1 Million $15.3 Million
Q2 2023 $155.2 Million -$40.1 Million $13.4 Million
Q1 2023 $192.9 Million -$48.4 Million -$108.4 Million
Q4 2022 $283.7 Million -$54.9 Million $74.9 Million
Q3 2022 $199.2 Million -$65.5 Million -$209.4 Million

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