Dover Corporation (DOV)
NYSE: DOV · Real-Time Price · USD
201.22
+3.09 (1.56%)
Nov 21, 2024, 10:44 AM EST - Market open

Dover Statistics

Total Valuation

Dover has a market cap or net worth of $27.69 billion. The enterprise value is $30.18 billion.

Market Cap 27.69B
Enterprise Value 30.18B

Important Dates

The last earnings date was Thursday, October 24, 2024, before market open.

Earnings Date Oct 24, 2024
Ex-Dividend Date Nov 29, 2024

Share Statistics

Dover has 137.19 million shares outstanding. The number of shares has decreased by -1.04% in one year.

Current Share Class 137.19M
Shares Outstanding 137.19M
Shares Change (YoY) -1.04%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.41%
Owned by Institutions (%) 87.49%
Float 136.45M

Valuation Ratios

The trailing PE ratio is 17.96 and the forward PE ratio is 22.12. Dover's PEG ratio is 2.50.

PE Ratio 17.96
Forward PE 22.12
PS Ratio 3.24
Forward PS 3.12
PB Ratio 4.77
P/TBV Ratio n/a
P/FCF Ratio 24.87
P/OCF Ratio 21.35
PEG Ratio 2.50
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.09, with an EV/FCF ratio of 27.61.

EV / Earnings 19.38
EV / Sales 3.56
EV / EBITDA 17.09
EV / EBIT 21.18
EV / FCF 27.61

Financial Position

The company has a current ratio of 1.57, with a Debt / Equity ratio of 0.59.

Current Ratio 1.57
Quick Ratio 0.76
Debt / Equity 0.59
Debt / EBITDA 1.83
Debt / FCF 3.10
Interest Coverage 10.65

Financial Efficiency

Return on equity (ROE) is 29.11% and return on invested capital (ROIC) is 10.43%.

Return on Equity (ROE) 29.11%
Return on Assets (ROA) 7.85%
Return on Capital (ROIC) 10.43%
Revenue Per Employee $338,981
Profits Per Employee $62,296
Employee Count 25,000
Asset Turnover 0.75
Inventory Turnover 4.24

Taxes

In the past 12 months, Dover has paid $347.32 million in taxes.

Income Tax 347.32M
Effective Tax Rate 18.47%

Stock Price Statistics

The stock price has increased by +43.79% in the last 52 weeks. The beta is 1.22, so Dover's price volatility has been higher than the market average.

Beta (5Y) 1.22
52-Week Price Change +43.79%
50-Day Moving Average 192.62
200-Day Moving Average 180.89
Relative Strength Index (RSI) 53.74
Average Volume (20 Days) 863,309

Short Selling Information

The latest short interest is 1.32 million, so 0.96% of the outstanding shares have been sold short.

Short Interest 1.32M
Short Previous Month 1.57M
Short % of Shares Out 0.96%
Short % of Float 0.97%
Short Ratio (days to cover) 1.30

Income Statement

In the last 12 months, Dover had revenue of $8.47 billion and earned $1.56 billion in profits. Earnings per share was $11.19.

Revenue 8.47B
Gross Profit 3.18B
Operating Income 1.42B
Pretax Income 1.84B
Net Income 1.56B
EBITDA 1.77B
EBIT 1.42B
Earnings Per Share (EPS) $11.19
Full Income Statement

Balance Sheet

The company has $386.77 million in cash and $3.39 billion in debt, giving a net cash position of -$3.00 billion or -$21.87 per share.

Cash & Cash Equivalents 386.77M
Total Debt 3.39B
Net Cash -3.00B
Net Cash Per Share -$21.87
Equity (Book Value) 5.70B
Book Value Per Share 41.53
Working Capital 1.36B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.27 billion and capital expenditures -$180.09 million, giving a free cash flow of $1.09 billion.

Operating Cash Flow 1.27B
Capital Expenditures -180.09M
Free Cash Flow 1.09B
FCF Per Share $7.97
Full Cash Flow Statement

Margins

Gross margin is 37.58%, with operating and profit margins of 16.81% and 18.38%.

Gross Margin 37.58%
Operating Margin 16.81%
Pretax Margin 22.18%
Profit Margin 18.38%
EBITDA Margin 20.84%
EBIT Margin 16.81%
FCF Margin 12.68%

Dividends & Yields

This stock pays an annual dividend of $2.06, which amounts to a dividend yield of 1.02%.

Dividend Per Share $2.06
Dividend Yield 1.02%
Dividend Growth (YoY) 0.98%
Years of Dividend Growth 69
Payout Ratio 18.42%
Buyback Yield 1.04%
Shareholder Yield 2.08%
Earnings Yield 5.73%
FCF Yield 4.02%
Dividend Details

Analyst Forecast

The average price target for Dover is $207.73, which is 2.93% higher than the current price. The consensus rating is "Buy".

Price Target $207.73
Price Target Difference 2.93%
Analyst Consensus Buy
Analyst Count 11
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 16, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Dec 16, 1997
Split Type Forward
Split Ratio 2:1

Scores

Dover has an Altman Z-Score of 4.87 and a Piotroski F-Score of 5.

Altman Z-Score 4.87
Piotroski F-Score 5