Dover Corporation

158.02
-3.06 (-1.90%)
At close: Apr 21, 2025, 3:59 PM
158.80
0.49%
After-hours: Apr 21, 2025, 05:42 PM EDT

Dover Statistics

Share Statistics

Dover has 137.06M shares outstanding. The number of shares has increased by -0.27% in one year.

Shares Outstanding 137.06M
Shares Change (YoY) -0.27%
Shares Change (QoQ) -0.09%
Owned by Institutions (%) 84.41%
Shares Floating 136.41M
Failed to Deliver (FTD) Shares 16
FTD / Avg. Volume < 0.01%

Short Selling Information

The latest short interest is 1.44M, so 1.05% of the outstanding shares have been sold short.

Short Interest 1.44M
Short % of Shares Out 1.05%
Short % of Float 1.2%
Short Ratio (days to cover) 1.62

Valuation Ratios

The PE ratio is 9.58 and the forward PE ratio is 15.67. Dover's PEG ratio is 0.06.

PE Ratio 9.58
Forward PE 15.67
PS Ratio 3.34
Forward PS 2.4
PB Ratio 3.72
P/FCF Ratio 44.49
PEG Ratio 0.06
Financial Ratio History

Enterprise Valuation

Dover has an Enterprise Value (EV) of 26.92B.

EV / Sales 3.48
EV / EBITDA 22.32
EV / EBIT 35.98
EV / FCF 46.35

Financial Position

The company has a current ratio of 2.04, with a Debt / Equity ratio of 0.42.

Current Ratio 2.04
Quick Ratio 1.52
Debt / Equity 0.42
Debt / EBITDA 2.43
Debt / FCF 5.04
Interest Coverage 9.2

Financial Efficiency

Return on Equity is 38.79% and Return on Invested Capital is 8.97%.

Return on Equity 38.79%
Return on Assets 21.56%
Return on Invested Capital 8.97%
Revenue Per Employee $322.75K
Profits Per Employee $112.38K
Employee Count 24,000
Asset Turnover 0.62
Inventory Turnover 4.18

Taxes

Income Tax 357.05M
Effective Tax Rate 20.32%

Stock Price Statistics

The stock price has increased by -5.16% in the last 52 weeks. The beta is 1.24, so Dover's price volatility has been higher than the market average.

Beta 1.24
52-Week Price Change -5.16%
50-Day Moving Average 183.33
200-Day Moving Average 188.24
Relative Strength Index (RSI) 39.39
Average Volume (20 Days) 1.12M

Income Statement

In the last 12 months, Dover had revenue of 7.75B and earned 2.7B in profits. Earnings per share was 19.58.

Revenue 7.75B
Gross Profit 2.96B
Operating Income 1.21B
Net Income 2.7B
EBITDA 1.21B
EBIT 1.21B
Earnings Per Share (EPS) 19.58
Full Income Statement

Balance Sheet

The company has 1.84B in cash and 2.93B in debt, giving a net cash position of -1.08B.

Cash & Cash Equivalents 1.84B
Total Debt 2.93B
Net Cash -1.08B
Retained Earnings 0
Total Assets 12.51B
Working Capital 2.29B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 748.38M and capital expenditures -167.53M, giving a free cash flow of 580.85M.

Operating Cash Flow 748.38M
Capital Expenditures -167.53M
Free Cash Flow 580.85M
FCF Per Share 4.22
Full Cash Flow Statement

Margins

Gross margin is 38.2%, with operating and profit margins of 15.57% and 34.82%.

Gross Margin 38.2%
Operating Margin 15.57%
Pretax Margin 22.68%
Profit Margin 34.82%
EBITDA Margin 15.57%
EBIT Margin 15.57%
FCF Margin 7.5%

Dividends & Yields

DOV pays an annual dividend of $2.56, which amounts to a dividend yield of 1.03%.

Dividend Per Share $2.56
Dividend Yield 1.03%
Dividend Growth (YoY) 0.98%
Payout Ratio 25.42%
Earnings Yield 10.44%
FCF Yield 2.25%
Dividend Details

Analyst Forecast

The average price target for DOV is $214.5, which is 33.2% higher than the current price. The consensus rating is "Buy".

Price Target $214.5
Price Target Difference 33.2%
Analyst Consensus Buy
Analyst Count 12
Stock Forecasts

Stock Splits

The last stock split was on May 9, 2018. It was a forward split with a ratio of 619:500.

Last Split Date May 9, 2018
Split Type forward
Split Ratio 619:500

Scores

Altman Z-Score 3.81
Piotroski F-Score 6